latest news releases from the newsroom
Vodafone Sverige AB
Vodafone Sweden lowers its SMS price for prepay customers
STOCKHOLM, Sweden, Feb. 3, 2004 (PRIMEZONE) -- Vodafone Swedens's prepay customers can now communicate even more by SMS. Vodafone Sweden is today lowering its SMS price to SEK 1.25 each and continues to offer the market's lowest SMS prices for prepaid cards -- SEK 0.75 each -- during the Happy Hour period 18.00-20.00, 7 days a week.
Volvo -- Final Results
GOTEBORG, Sweden, Feb. 03, 2004 (PRIMEZONE) -- Volvo Trucks' deliveries rose by eight percent in 2003, totalling 75,300 trucks. The improved result stems from the success of the new Volvo FM, Volvo FH, Volvo NH and Volvo VN.
Volvo -- Press release from Lars Ramqvist
GOTEBORG, Sweden, Feb. 03, 2004 (PRIMEZONE) -- Volvo's Nomination Committee has informed me that there are Swedish shareholders in Volvo -- specifically several of the Swedish institutional shareholders -- who lack continued confidence in me as Board Chairman of the company. The obvious consequence for me is to resign from the Volvo Board of Directors with immediate effect.
Press Release from Volvo's Nomination Committee
GOTEBORG, Sweden, Feb. 03, 2004 (PRIMEZONE) -- Volvo's Nomination Committee has decided to propose to Volvo's Annual General Meeting the re-election of all Board members except Lars Ramqvist, who has announced that he is resigning from Volvo's Board with immediate effect. The Nomination Committee recommends that the Board internally elect Finn Johnsson as new Chairman after the Annual General Meeting. The proposal is supported by shareholders representing more than 50% of the votes in Volvo.
Volvo Announces Intentions Regarding Holding of Scania Shares
GOTEBORG, Sweden, Feb. 03, 2004 (PRIMEZONE) -- AB Volvo is currently involved in discussions with a number of potential buyers regarding the sale of the shares the Group owns in Scania. Volvo is also awaiting the European Commission's decision on Volvo's request for an extension of the deadline for divestiture of the Group's shares in Scania. If a sale is not agreed or an extension is not awarded, AB Volvo intends to transfer the Scania series A shares to a separate, newly formed company, "Ainax", that will have the sole purpose of managing Volvo's shareholders' interests in Scania. At least 90% of the shares in the newly formed company Ainax will be distributed to Volvo's shareholders. The intention is that the Series B shares in Scania will be sold in the market.
Much Shelist Freed Denenberg Ament & Rubenstein
Chicago Law Firm Much Shelist Reminds Investors that Only Seven Days Remain to File Lead Plaintiff Petitions, or until February 9, 2004, for Securities Fraud Lawsuit on Behalf of Investors in Career Education Corporation -- CECO
CHICAGO, Feb. 2, 2004 (PRIMEZONE) -- The deadline for purchasers of Career Education Corporation ("CEC" or the "Company") (Nasdaq:CECO) to move for lead plaintiff in a securities fraud class action brought by Much Shelist against CEC and certain of its officers and directors is rapidly approaching. If you purchased CEC securities between January 28, 2003 and December 2, 2003, inclusive ("Class Period") and you wish to be a lead plaintiff in the case, you must move to serve as lead plaintiff by filing a motion in the United States District Court for the Northern District of Illinois by February 9, 2004.