latest news releases from the newsroom
Frontline: Mandatory Notification of Trade
OSLO, Norway, April 12, 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 70,000 Frontline common shares. The shares have been acquired at an average price of NOK 90.47.
World Financial Capital Markets
World Financial IPO Analyst to Appear on FOX News
NEW YORK, April 12, 2002 (PRIMEZONE) -- World Financial Capital Markets, an investment boutique specializing in the underwriting of public and privately held securities, is pleased to announce that Jeffrey Hirschkorn, a widely recognized professional in the IPO market and the firm's Senior IPO Analyst, will be a featured guest on the FOX News Channel tonight. His analysis on the successful IPO from JetBlue Airways will be featured on "Your World" with Neil Cavuto at 5 p.m. EDT. Hirschkorn is an analytical consultant for IPO Monitor, the Nation's dominant ASP for information surrounding the new issue marketplace.
PharmChem Reports 2001 Results
HALTOM CITY, Texas, April 12, 2002 (PRIMEZONE) -- PharmChem, Inc. (Nasdaq:PCHM) today reported net sales of $10,029,000 for the fourth quarter ended December 31, 2001, a decrease of 21.0% from 2000 net sales of $12,688,000. The Company's net loss in the quarter was $548,000, or $0.09 per share, compared to net income last year of $302,000, or $0.05 per share.
MTG Extends Exclusive Broadcasting Rights to Danish Football
STOCKHOLM, Sweden, April 12, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that Viasat in Denmark has extended its existing exclusive rights to broadcast Danish football matches until December 31, 2006. Viasat has the exclusive rights to broadcast live matches from the Danish premier league and first division on its TV3, 3+ and Viasat Sport channels in Denmark. Viasat has also acquired the exclusive rights to broadcast pay-per-view matches, providing viewers with the ability to choose between different games.