latest news releases from the newsroom
HEAD NV Announces Share Purchase
ROTTERDAM, The Netherlands, Oct. 24, 2002 (PRIMEZONE) -- Head N.V. (NYSE:HED) (VSX:HEAD), a leading global manufacturer and marketer of sports equipment, announced that it has purchased an additional 628,110 of its shares since the Company's last announcement on August 30th 2002. This brings the total number of shares purchased to 1,843,460, or 4.6% since the Board resolution authorizing the Board of Management to buy back up to 10% of its outstanding share capital during a period of 18 months was approved on 28th May 2002.
Intentia Investigates Information Leak
STOCKHOLM, Sweden, Oct. 24, 2002 (PRIMEZONE) -- Reuters has published information about Intentia's (Other OTC:IAINF) third quarterly results which have not been released by Intentia. Intentia immediately launched an internal investigation into the matter.
TietoEnator Acquires Enterprise Systems Copenhagen A/S
ESPOO, Finland, Oct. 24, 2002 (PRIMEZONE) -- TietoEnator (Other OTC:TCYBF) and Enterprise Systems Copenhagen A/S have signed an agreement concerning the acquisition of the Danish consultancy company. TietoEnator takes over the 18 employees of Enterprise Systems Copenhagen, a solid customer portfolio, especially in the health care sector, and the product KMS (Clinical Measurement System), a framework for registration of clinical quality. The purchase price is 1.4 MEUR.
Renault Trucks in Engine Cooperation with China's Dong Feng Motors
GOTEBORG, Sweden, Oct. 24, 2002 (PRIMEZONE) -- Volvo's (Nasdaq:VOLVY) subsidiary, Renault Trucks has concluded an agreement covering technology transfer pertaining to truck engines with the Chinese truck manufacturer Dong Feng Motors. The agreement is intended to provide Dong Feng Motors the possibility of equipping its trucks with Renault engines.
Brock Comments on Atlas Copco's Q3, 2002, Results
STOCKHOLM, Sweden, Oct. 24, 2002 (PRIMEZONE) -- The Atlas Copco Group (Other OTC:ATLKF) reported third quarter revenues of MSEK 11,833 (12,885). Profit after financial items was MSEK 1,241(1,287), a margin of 10.5% (9.9), before a goodwill impairment charge of MSEK 6,950. The charge, related to goodwill from acquisitions in the Rental Service business area, has no cash flow effect but turned reported profit to a loss.