latest news releases from the newsroom
Skanska secures environmental contract in New York valued at USD 493 M, SEK 3.9 billion, Skanska's share amounts to SEK 1.8 billion
STOCKHOLM, Sweden, July 17, 2003 (PRIMEZONE) -- Skanska has been awarded a contract to expand and upgrade the Newtown Creek Water Pollution Control Plant in New York City. The contract is valued at USD 493 million, or SEK 3,930 M. Skanska accounts for 45 percent of the work, corresponding USD 222 M, or SEK 1,770 M. The contract is included in order bookings for the second quarter.
Drott Sells two Stockholm Properties for SEK 1.5 Billion
STOCKHOLM, Sweden, July 17, 2003 (PRIMEZONE) -- The sale is an element in Drott's (Other OTC:DOTBF) new strategic direction, which entails a higher turnover in the portfolio and the sale of properties where no further measures or other factors are expected to increase cash flow and create value.
eLEC Communications Corp.
eLEC Announces Second Quarter Results
NEW ROCHELLE, N.Y., July 16, 2003 (PRIMEZONE) -- eLEC Communications Corp. (OTCBB:ELEC), a provider of local and long distance telephone service, today announced financial results for the second quarter ended May 31, 2003. eLEC reported net income for the second fiscal quarter of 2003 of $48,855, or $0.00 per share, as compared to a net loss of ($923,819), or ($0.06) per share, for the second fiscal quarter of 2002.
Guaranty Federal Bancshares, Inc.
Guaranty Federal Bancshares, Inc. Announces a 27% Increase in Annual Earnings per Share
SPRINGFIELD, Mo., July 16, 2003 (PRIMEZONE) -- Guaranty Federal Bancshares, Inc, (Nasdaq:GFED), the holding company for Guaranty Bank, today announced that earnings for the fourth quarter ended June 30, 2003, were $0.33 per share ($931,000), up from the $0.31 per share ($874,000) the Company earned during the same quarter in the prior year. This represents a 6% increase in quarterly earnings per share. Earnings for the twelve month period ending June 30, 2003 were $1.28 per share ($3,580,000), up from the $1.01 per share ($3,593,000) the Company earned during the same period in 2002. This represents a 27% increase in earnings per share when compared to the same period in the prior year.