latest news releases from the newsroom
Saab Wins Underwater System Order Worth SEK 70 Million
LINKOPING, Sweden, Jan. 11, 2005 (PRIMEZONE) -- Saab Underwater Systems has received an order from FMV, the Swedish Defence Materiel Administration for remotely operated underwater systems. They will be used by the Swedish Navy in minehunting and other operations.
Skanska builds university library at Princeton for SEK 345 M
STOCKHOLM, Sweden, Jan. 11, 2005 (PRIMEZONE) -- Skanska has been awarded the construction management services assignment to build the new science library at Princeton University in New Jersey. The contract is valued at more than USD 50 M (approximately SEK 345 M) and is included in order bookings for the fourth quarter of 2004.
Kirby McInerney LLP
Kirby McInerney & Squire, LLP and Levy Angstreich Announce that the United States Supreme Court Has Denied Defendants' Petition to Review the Certification of Racketeering Class Action Claims against H&R Block and Household International, Inc.
NEW YORK, Jan. 10, 2005 (PRIMEZONE) -- The law firms of Kirby McInerney & Squire, LLP and Levy Angstreich Finney Baldante, Rubenstein & Coren, P.C. announce that the United States Supreme Court today denied defendants' petition to review the certification of a nationwide class asserting federal Racketeer Influenced and Corrupt Organizations Act ("RICO") claims against H&R Block, Inc. (NYSE:HRB) and Household International, Inc. (successor to Beneficial Corporation), now a subsidiary of HSBC Holdings PLC (NYSE:HBC). The plaintiff class alleges that defendants, among other things, deceived customers seeking tax refunds into obtaining high interest loans.
Gasel Transportation Lines, Inc.
Gasel Transportation Lines, Inc. Reports Third Quarter 2004 Financial Results
MARIETTA, Ohio, Jan. 10, 2005 (PRIMEZONE) -- Gasel Transportations Lines, Inc. (OTCBB:GSEL), operating as a Debtor in Possession under Chapter 11 Reorganization, announced results for fiscal Q3, 2004. The financial results as filed in Form 10Q with the SEC, includes the following highlights: for the three months ended September 30, 2004, freight income revenue totaled $3,045,688 and training school revenue was $95,399 for combined revenue of $3,141,087, representing a 7.97% decline from prior year combined revenue of $3,413,289. Combined revenue for the nine month period ended Sept. 30, 2004 of $10,335,418 was 1.13% lower than the $10,453,844 recorded for the same nine month period one year prior. The decrease in revenue was primarily due to a decrease (approximately 25 %) in the number of trucks the Company was operating during this period of 2004 compared to the same period in 2003. The Company turned in approximately 50% of its tractors and trailers in the first and third quarters of 2004 to shed excessive operating costs, reduce its debt, and improve driver retention. To compensate for the reduction in company owned equipment, during 2004 management has been consistently adding leased owner/operator equipment to replace it.
Judge Sets Schedule for Continental Forge Case
SAN DIEGO, Jan. 10, 2005 (PRIMEZONE) -- Sempra Energy (NYSE:SRE) announced today that a schedule has been set for a trial in the Continental Forge Company class-action litigation, beginning June 3, 2005. At that time, the judge will address what issues will be decided by a jury, as well as the scope and sequence of the cases.