latest news releases from the newsroom
Sandvik concludes agreement with Accenture on outsourcing of HR services
SANDVIKEN, Sweden, Nov. 16, 2004 (PRIMEZONE) -- Sandvik has concluded an agreement with Accenture covering outsourcing of parts of human resources (HR) administration. The agreement is for ten years and in a first phase includes the US, Finland and Sweden. It is the partners' intention to also include France, Germany, the UK, South Africa, India and Australia in a later phase of the process.
Ahold Corporate Executive Board member Bill Grize steps down
ZAANDAM, The Netherlands, Nov. 16, 2004 (PRIMEZONE) -- Ahold today announced that Bill Grize, President and CEO of Ahold U.S. Retail, will be stepping down from the Ahold Corporate Executive Board at the end of December 2004, in preparation for his retirement. As of January 2005, Marc Smith, CEO of the Stop & Shop/Giant-Landover arena, and Tony Schiano, CEO of the Giant-Carlisle/Tops arena, will report directly to Ahold President & CEO Anders Moberg.
AB Volvo announces share repurchase
GOTEBORG, Sweden, Nov. 16, 2004 (PRIMEZONE) -- Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Monday, November 15, acquired 250,000 series B shares. The shares were traded between SEK 279.50 and 281.00 with an average price of SEK 280.26.
Alliance Distributors Holding Inc.
Essential Reality, Inc. Reports Its Third Quarter and Nine Months Operating Results
COLLEGE POINT, N.Y., Nov. 15, 2004 (PRIMEZONE) -- Essential Reality, Inc. (Pink Sheets:ESSR) announced its results for the third quarter and the nine months ended September 30,2004. The results are those of Alliance Distributors Holding, Inc., a wholly owned subsidiary that the Company acquired on June 29, 2004. The business of Alliance Distributors Holding, Inc. is the only business of the Company.
Los Angeles World Airports
LAX and TSA Officials Give Thanksgiving Travel Forecast; Offer Tips to Save Time During Holiday Travel
LOS ANGELES, Nov. 15, 2004 (PRIMEZONE) -- As the holiday season approaches, officials at Los Angeles International Airport (LAX) and the Transportation Security Administration (TSA) have advice for travelers on how to expedite the security screening process. TSA and LAX officials will forecast Thanksgiving passenger levels through LAX; discuss new security measures, concessions and air service; and conclude with a bus tour to the airport's traffic management center, radio station and TSA's explosive trace detection document scanner.
Port of Houston Authority
PHA Commission Delivers Bayport, Security, Environmental Matters
HOUSTON, Nov. 15, 2004 (PRIMEZONE) -- The Port of Houston Authority (PHA) commission approved several recommendations involving contract awards, bids and proposals, professional services and general administrative and operational matters during its public meeting at on Monday, November 15, 2004. Chairman Jim Edmonds presided over the meeting with Vice Chairman Kase Lawal, Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Jimmy Burke, Commissioner Cheryl Thompson-Draper, and Commissioner Janiece Longoria.