latest news releases from the newsroom
Metsa Tissue Oyj
Decisions Taken by Metsa Tissue's Annual General Meeting
ESPOO, Finland, March 18, 2003 (PRIMEZONE) -- Metsa Tissue Corporation's Annual General Meeting, held on March 18, 2003, adopted the consolidated and parent company profit and loss accounts and balance sheets for 2002 and granted freedom from responsibility to the members of the Board of Directors and the company's Chief Executive Officer. The Meeting decided that Metsa Tissue Corporation would not distribute a dividend for 2002 and that the profit for the period would be transferred to the retained earnings account.
Blyth, Inc. Outlines Full Year Fiscal 2004 Guidance
GREENWICH, Conn., March 18, 2003 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home fragrance and decorative accessories, today reviewed management's expectations for fiscal year 2004 financial performance. Earnings Per Share is expected to exceed $2.05. Cash flow from operations is anticipated to be approximately $135 million, and capital expenditures are expected to total $25 million. Free cash flow, defined as cash flow from operations less capital spending, is expected to be approximately $110 million. Management's expectations for fiscal year 2004 results exclude any effect from the acquisition of Miles Kimball Company, which the Company announced earlier this month and which is expected to close in several weeks.
GN Store Nord
GN's Annual General Meeting
COPENHAGEN, March 18, 2003 (PRIMEZONE) -- The Annual General Meeting of GN Store Nord (Other OTC:GGNDF) will be held at the Radisson SAS Falconer Center, Falkoner Alle 9, DK-2000 Frederiksberg on April 3, 2003 at 3:30 pm CET.
SCA Acquiring and Divesting Operations in AFH Tissue Segment
STOCKHOLM, Sweden, March 18, 2003 (PRIMEZONE) -- SCA (Other OTC:SVCBF) is acquiring the French development company Segas. The company is SCA's most important supplier of dispensers used in the European and North American AFH (Away-From-Home) markets (tissue for bulk consumers). The seller is Paredes, the French distribution company that is simultaneously acquiring SCA's distribution company Apura in the hygiene paper products segment in France.
Telelogic Announces Alliance with SAIC
MALMO, Sweden and IRVINE, Calif., March 18, 2003 (PRIMEZONE) -- Telelogic (Other OTC:TGIAF) (Stockholm:TLOG), the leading global provider of solutions for advanced systems and software development, today announced that it had signed an agreement with Science Applications International Corporation (SAIC) to jointly pursue new clients and new business prospects of the San Diego-based research and engineering firm with Telelogic DOORS(R) and other Telelogic Application Lifecycle Management tools.
Honor Thy Forefather -- New Novel Depicts Three Families Split by the Civil War
RADCLIFF, Ky., March 18, 2003 (PRIMEZONE) -- The Civil War was a time in American history when the nation was split down the middle. The North battled the South, and families battled each other. Deep in the hills of West Virginia and Virginia, mountain men fight in the name of honor in John Michael Jarvis' new historical epic novel, Mountaineers' Honor (now available through 1stBooks Library).