latest news releases from the newsroom
Skandia's Nominating Committee
STOCKHOLM, Sweden, March 14, 2003 (PRIMEZONE) -- Skandia's (Other Otc: SKNFF) (LSE:SDIAq) Nominating Committee recommends that Bjorn Bjornsson, Bengt Braun and Leif Victorin be elected as new directors on Skandia's board. In addition, the Committee recommends that Oonagh McDonald, Lars-Eric Petersson and Clas Reuterskiold be re-elected to the board.
Natural ASA's Annual Report 2002
SANDVIKA, Norway, March 14, 2003 (PRIMEZONE) -- Natural ASA (Other OTC:NTUAF) today announced the English version of Natural ASA's Annual report 2002 is now available at www.newsweb.no (Oslo Stock Exchange) and as attachment to this press release.
Thyssen Krupp Chooses Automatic Invoice Processing from ReadSoft
STOCKHOLM, Sweden, March 14, 2003 (PRIMEZONE) -- During the ongoing CeBIT show, German industrial group Thyssen Krupp announced that they have decided to invest in INVOICES, ReadSoft's software for automatic invoices processing. The software will be integrated with the company's SAP R/3 business system and process 300,000 invoices annually. The initial order value is approximately $200,000 US.
Frontline: Compulsory Acquisition of Shares
HAMILTON, Bermuda, March 14, 2003 (PRIMEZONE) -- Frontline (NYSE:FRO) (LSE:FRO) has, based on the Stock Indexed Total Return Swap Program with Nova Scotia Group (Scotia), been informed that the latter through market purchases executed today has acquired 100,000 Frontline common shares. The shares have been acquired at an average price of NOK 82.75.
TDC rated BBB+ with Stable Outlook
COPENHAGEN, Denmark, March 14, 2003 (PRIMEZONE) -- TDC's (NYSE:TLD) credit rating has been changed by Standard & Poor's. TDC has received a BBB+ rating for its long term rating with a stable outlook compared with A- with negative outlook until today. Standard & Poor's affirmed the A-2 rating for TDC's short term corporate credit rating.Standard & Poor's states, among other things, that "the action on the long-term ratings follows the revision by TDC of its guidance and outlook for 2003, which reflects a deterioration beyond previous expectations of the group's core domestic landline operation" and that "TDC's domestic landline operation is being affected by fierce competition, tough regulation, fixed-to-mobile substitution, and a poor economic environment."