latest news releases from the newsroom
Natural Harmony Food, Inc.
News Alert: NHYF CEO Featured on MacReport
FORT LAUDERDALE, Fla., May 19, 2004 (PRIMEZONE) -- Natural Harmony Foods, Inc. (Pink Sheets:NHYF), a producer and marketer of unique, natural protein foods, announced today that its CEO, Sam Dewar, has been interviewed as a featured guest on MacReport.net, a leading financial news and information web site. Visitors to www.macreport.net may listen to streamed audio of the interview or view a full transcript at: www.macreport.net/featured/NHYF/company.asp.
Dismissal of Purported Class Action Lawsuit Against American Skandia Affirmed
STOCKHOLM, Sweden, May 19, 2004 (PRIMEZONE) -- On 14 May 2004, the United States Court of Appeals for the Second Circuit issued a Summary Order affirming the judgment of Senior Judge Milton Pollack of the United States District Court for the Southern District of New York dismissing Donovan v. American Skandia Life Assurance Corp. et al. with prejudice. This litigation concerns activities prior to the May 1, 2003 acquisition of American Skandia Life Assurance Corp. by Prudential Financial, Inc. from Skandia Insurance Company Ltd. As previously disclosed, the responsibility for the outcome of this case was for the account of Skandia Insurance Company Ltd. as a result of the agreement with Prudential Financial, Inc. concerning the sale of American Skandia.
SCA concludes acquisitions in Australia and New Zealand
STOCKHOLM, Sweden, May 19, 2004 (PRIMEZONE) -- Since the authorities concerned in Australia and New Zealand approved SCA's acquisition of the New Zealand company Carter Holt Harvey's tissue and fluff operations and its 50% holding in Sancella, this transction was concluded today, 19 May.
Electrolux Settles Vacuum Cleaner Lawsuit in the US
STOCKHOLM, Sweden, May 19, 2004 (PRIMEZONE) -- (ELUX) Electrolux and the plaintiff John North have reached a settlement agreement in the vacuum cleaner trade secrets case regarding certain upright, cyclonic vacuum cleaners. As a result, the case will not be decided by a jury in El Paso, Texas, USA and the matter is concluded.