latest news releases from the newsroom
Alfa Laval sells property in Madrid
STOCKHOLM, Sweden, Aug. 10, 2004 (PRIMEZONE) -- Alfa Laval, a world leader in centrifugal separation, heat transfer and fluid handling, has sold its property in Madrid, Spain. The property was divested for MSEK 265 with an estimated realised gain in connection with the sale of approximately MSEK 70.
Autoliv Expands Seat Belt Facilty in Romania
STOCKHOLM, Sweden, Aug. 10, 2004 (PRIMEZONE) -- The worldwide leader in automotive safety systems, Autoliv Inc. (NYSE:ALV), has decided to double the manufacturing capacity of its seat belt facility in Romania.
BOWE SYSTEC AG
BOWE SYSTEC successful in takeover offer for Roll Systems Inc., USA
AUGSBURG, Germany, Aug. 10, 2004 (PRIMEZONE) -- In an extraordinary shareholders' meeting on 9 August 2004 the shareholders of Roll Systems Inc., Burlington, USA have agreed to the takeover offer from BOWE SYSTEC AG. Accordingly the BOWE SYSTEC group will acquire all the outside shares in Roll Systems Inc., in which it has had around 40% holding since 1999. The Board of BOWE SYSTEC expects that the transaction can be completed before the end of August.
Converium Holding AG
Capital Group Companies Inc. Adjusts its Holding in Converium Shares from 4.05% to 5.34%
ZUG, Switzerland, Aug. 10, 2004 (PRIMEZONE) -- Converium Holding Ltd has been notified that Capital Group Companies Inc., 333 South Hope Street, in Los Angeles, CA, 90071-1406, USA, has increased as a group its holding on behalf of funds managed by Capital Research and Management Company, 333 South Hope Street, in Los Angeles, CA, USA, and clients of Capital Guardian Trust Company, 11100 Santa Monica Blvd 15th Floor, in Los Angeles, CA, USA, Capital International Ltd., 25 Bedford St., London, England, Capital International Inc., 11100 Santa Monica Blvd 15th Floor, in Los Angeles, CA, USA, and Capital International S.A., 3 Place des Bergues, 1201 Geneva in Switzerland, to 2,137,095 registered shares in Converium Holding Ltd, Zug. This corresponds to 5.34% of Converium's registered shares. These shares were purchased for own account trading and asset management purposes by the various entities. None of these entities represented by Capital Group Companies Inc. individually holds shares of 5% or more of Converium's registered share capital.
Media Advisory -- PRSA/OC Volunteers to Implement Critical PR Campaign
ORANGE COUNTY, Calif., Aug. 9, 2004 (PRIMEZONE) -- On Tuesday, August 10, 2004, at 3:30 p.m., the Public Relations Society of America (PRSA) Orange County Chapter will officially announce its support to implement a strategic 12-month public awareness campaign on a volunteer basis. The goal of the plan is to heightened awareness and understanding of the critical need for foster care and adoptive families in the county and to spotlight the variety of other ways people can provide love and care to the agencies and precious children within the system.
Dobson Communications Corporation
Dobson Communications Reports Second Quarter 2004 Results
OKLAHOMA CITY, Aug. 9, 2004 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) today reported a net loss applicable to common shareholders of $15.9 million, or $0.12 per share, for the second quarter ended June 30, 2004. Included in the loss were $8.3 million in dividends on mandatorily redeemable preferred stock and $1.9 million in dividends on Dobson's Series F convertible preferred stock. For the second quarter of 2004, Dobson also recorded a $5.1 million gain on redemption and repurchases of preferred stock and a $3.5 million deferred income tax benefit. (Table 1)