latest news releases from the newsroom
GN Store Nord
GN ReSound Capital Market Day
COPENHAGEN, Denmark, April 30, 2002 (PRIMEZONE) -- Today at 9:00 a.m. until 1:00 p.m., GN Great Nordic hosts a Capital Market Day at its fully owned subsidiary GN ReSound. At the meeting focus will be on the GN ReSound business.
NCC Group's Pro Forma Accounts for 2001
STOCKHOLM, Sweden, April 30, 2002 (PRIMEZONE) -- As a result of NCC's new Group structure, which was introduced at the beginning of 2002, the NCC Group's interim reports will comprise earnings figures from ten reporting units. In addition, the financial accounts of real estate operations will be adapted to reflect NCC's focus on property development.
Telenor First-Quarter Results: Growth and Higher Margins
OSLO, Norway, April 30, 2002 (PRIMEZONE) -- Telenor's (Nasdaq:TELN) revenues excluding gains increased by NOK 1.821 billion or 19 per cent in the first quarter compared to the same period last year. Operating profit before depreciation, amortization and write-downs (EBITDA) increased by 27.6 per cent to NOK 2.926 billion, excluding gains and losses, during the period.
Teleca to Extend French Operation with a Strategic Outsourcing Agreement in R&D
MALMO, Sweden, April 30, 2002 (PRIMEZONE) -- Teleca and Ericsson have signed a letter of intent to enter into an outsourcing agreement where, Ericsson's French research and development activities will be transferred to Teleca. As part of the agreement 188 employees will be moved from Ericsson to Teleca in France. The outsourcing contract will initially run for a period of three years.
Converium Holding AG
Converium: Renewals in 2002 Continue to be Successful
ZUG, Switzerland, April 30, 2002 (PRIMEZONE) -- Converium (NYSE:CHR), one of the world's leading reinsurers, on the occasion of the first annual general meeting held in Zurich, today reports on its successful 2002 renewals through April 1, and its results for 2001. Converium listed on the SWX Swiss Exchange (SWX:CHRN) and New York Stock Exchange (NYSE:CHR) in December 2001.
ZAP Receives Delisting Notice from Nasdaq
SEBASTOPOL, Calif., April 29, 2002 (PRIMEZONE) -- On April 29, 2002, the Nasdaq Stock Market notified ZAP (Nasdaq:ZAPPQ) that its shares of common stock would be delisted from the Nasdaq Small Cap Market effective with the open of business on April 30, 2002. As grounds for its decision, the Nasdaq hearing panel that made the delisting decision cited uncertainty over the company's future in light of its current chapter 11 proceedings. In particular, the panel noted that the timing and the completion of the Company's plan are uncertain.