latest news releases from the newsroom
Much Shelist Freed Denenberg Ament & Rubenstein
Chicago Law Firm Much Shelist Reminds Investors that Lead Plaintiff Petitions for Securities Fraud Lawsuit Against Interpublic Group of Companies, Inc. are due October 14, 2002 -- IPG
CHICAGO, Oct. 10, 2002 (PRIMEZONE) -- The deadline for purchasers of Interpublic Group of Companies, Inc. ("Interpublic" or the "Company") (NYSE:IPG) publicly traded securities to move for lead plaintiff in a securities fraud class action recently brought against the Company is rapidly approaching. If you purchased Interpublic securities between October 28, 1997 and August 13, 2002, inclusive (the "Class Period"), and 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, Southern District of New York, by October 14, 2002.
Norsk Hydro: Statement Regarding KFK Sells Swedish Subsidiary
OSLO, Norway, Oct. 10, 2002 (PRIMEZONE) -- The Danish company Korn-og Foderstof Kompagniet (KFK) (Copenhagen:KORN), in which Norsk Hydro (NYSE:NHY) owns 68.8 percent of the outstanding shares, has signed an agreement relating to the divestment of its subsidiary, Svenska Foder, to a purchasing consortium consisting of Dansk Landbrugs Grovvareselskab (51%) and Svenska Lantmannen (49%).
Cinnabon Opens Bakeries in Three Universities, Continues to Grow Brand Through Non-Traditional Venues
ATLANTA, Oct. 10, 2002 (PRIMEZONE) -- Cinnabon(R), Inc., a subsidiary of AFC Enterprises, Inc. (Nasdaq:AFCE), announced it has opened three Cinnabon bakeries on university campuses during this fall semester. Cinnabon recently opened bakeries at Virginia Tech University, University of South Carolina and Temple University. The university bakeries will offer an expanded menu including enhanced coffee selections and an extended array of specialty-baked goods.
SatCon Technology Corporation
SatCon Develops Two Rotary UPS Products in Response to Market Guidance
CAMBRIDGE, Mass., Oct. 10, 2002 (PRIMEZONE) -- SatCon Technology Corporation(r) (Nasdaq:SATC), a leader in critical power systems, has developed two versions of a new rotary Uninterruptible Power Supply (UPS) product in response to market guidance. Several units are now in testing at the Power Systems Facility in Worcester, MA, one at 315kVA and a larger unit at 2.2MVA. The 315kVA unit is now installed beside the Worcester plant and is configured to run the Worcester facility for testing in a real use environment. SatCon is now preparing for customer demonstrations and the official UPS product launch in the coming months.