latest news releases from the newsroom
Stockholmsborsen: Modest Interest in Evening Trading
STOCKHOLM, Sweden, June 20, 2002 (PRIMEZONE) -- Stockholmsborsen will not introduce evening business hours during 2002. Stockholmsborsen has concluded that the demand is insufficient to enable smoothly functioning evening trading. Healthy trading liquidity is a prerequisite for operating a smoothly functioning and efficient marketplace. The assessment made by Stockholmsborsen is that evening business hours would not give rise to the requisite liquidity in the current market climate.
Hi3G Chooses TietoEnator
ESPOO, Finland, June 20, 2002 (PRIMEZONE) -- TietoEnator signs a general agreement with the mobile operator Hi3G and becomes one of the company's Preferred Suppliers. The agreement is valid until further notice and includes IT consultancy services.
Varig and Saab Confirm Technology Partnership for Gripen fighter Aircraft
LINKOPING, Sweden, June 20, 2002 (PRIMEZONE) -- Meeting in Sao Paulo, Ozires Silva, Evandro Oliveira and Bengt Halse, the presidents of VARIG, VEM -- VARIG Engenharia e Manutencao, and SAAB AB, respectively reaffirm their partnership in the development of projects in the areas of logistic support and transfer of technology, as part of an industrial cooperation program (offset) required by the Brazilian government in the bid for the acquisition of a new fleet of fighter jets (F-X BR Project) for the Brazilian Air Force. VEM S/A is a subsidiary of VARIG that specializes in the area of aeronautical engineering and maintenance for commercial, corporate and military aircraft. It employs around 4,000 highly-qualified engineers and technicians and is expected to achieve sales of U.S. $200 million in 2002.
Dimension Telecom Receives Order from 3G Operator
BROMMA, Sweden, June 20, 2002 (PRIMEZONE) -- The Dimension Telecom subsidiary of IT integrator Dimension has received an order from one of Sweden's 3G operators to implement a new technical platform for the company's 3G network. The order value is approximately SEK 10 million.
Frontline -- Mandatory Notification of Trade
HAMILTON, Bermuda, June 20, 2002 (PRIMEZONE) -- Frontline (NYSE:FRO) has, based on the Stock Indexed Total Return Swap Programme with Nova Scotia Group (Scotia), been informed that the latter, through market purchases executed today, has acquired 100,000 Frontline common shares. The shares have been acquired at an average price of NOK 86.35.
Investor: Disclosure Notice SEB
STOCKHOLM, Sweden, June 20, 2002 (PRIMEZONE) -- Investor's share of the voting rights and share capital in SEB has changed through the acquisition of 4,050,000 A shares.
Emerson Poynter LLP
The Emerson Firm Announces Class Action Lawsuit Against Edison Schools Inc. on Behalf of Investors -- EDSN
LITTLE ROCK, Ark., June 19, 2002 (PRIMEZONE) -- The Emerson Firm, a securities class action trial law firm with offices in Houston, Texas and Little Rock, Arkansas, announced today that a class action has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of Edison Schools, Inc. ("Edison Schools" or the "Company") (Nasdaq:EDSN) publicly traded securities during the period between November 11, 1999 and May 14, 2002, inclusive (the "Class Period"). A copy of the complaint filed in this action is available from the Court, or can be obtained from the Firm.