latest news releases from the newsroom
Old Mutual plc
Old Mutual plc: Release of St. Paul Lock-Up and Share Placing
LONDON, May 30, 2002 (PRIMEZONE) -- Old Mutual plc ("Old Mutual") has granted conditional early release of the lock-up arrangements entered into with St. Paul Fire and Marine Insurance Company, a subsidiary of The St. Paul Companies, Inc. ("St. Paul") (NYSE:SPC), to allow a placing (the "Placing") of the 190,356,631 ordinary shares in Old Mutual held by St. Paul. Old Mutual has also granted to Merrill Lynch International ("Merrill Lynch"), on behalf of the managers of the Placing, an over-allotment option of up to 38,071,326 new ordinary shares.
Notice to Annual General Meeting of Shareholders in Sectra AB
LINKOPING, Sweden, May 30, 2002 (PRIMEZONE) -- Annual General Meeting of shareholders in Sectra AB will be held at 4:00 pm on Thursday June 27, 2002 at Collegium, Teknikringen 7, Linkoping, Sweden. Enclosed you find a copy of the notice which today has been published in the Swedish newspapers Svenska Dagbladet and PoIT.
Oneida Ltd. Declares First Quarter Dividends
ONEIDA, N.Y., May 29, 2002 (PRIMEZONE) -- The Board of Directors of Oneida Ltd. (NYSE:OCQ) today announced first quarter dividends of 2 cents per share on the common stock and 37 1/2 cents per share on the preferred stock, both payable July 30, 2002 to stockholders of record as of the close of business July 10, 2002.
StockDiagnostics.com Upgrades Dow Chemical to Highest OPS Rating
NEW YORK, May 29, 2002 (PRIMEZONE) -- Dow Chemical's OPS(TM) (Operational-cashflow Per Share) was positive and its OPS/EPS ratio for its trailing twelve months hits a record high of 6.2 to 1. StockDiagnostics.com has upgraded Dow Chemical Company (NYSE:DOW) to an OPS Rating(TM) of "1." An OPS Rating of "1" is the highest that a company can receive. OPS Ratings on more than 7,500 companies can be found at: http://www.stockdiagnostics.com