latest news releases from the newsroom
Raven Moon Entertainment, Inc.
Raven Moon to Launch 'Gina D's Reading Across America Program'
ORLANDO, Fla., Oct. 21, 2004 (PRIMEZONE) -- Raven Moon Entertainment, Inc. (OTCBB:RVNM) is pleased to announce that it will launch a series of Gina D's RAAP sessions to support local libraries and encourage parents to read at least one book per week to their pre-school children. RAAP stands for Reading Across America Program. Gina D is the host of the newly launched, syndicated educational children's series Gina D's Kids Club.
Scott + Scott, LLC Filed Class Action Against The Hartford Group On October 15, 2004
COLCHESTER, Conn., Oct. 21, 2004 (PRIMEZONE) -- Scott + Scott, LLC (HartfordGroupLitigation@scott-scott.com or email@example.com), a law firm based in Connecticut with offices in Chagrin Falls, Ohio and San Diego, California (http://www.scott-scott.com) filed a class action in the United States District Court for the District of Connecticut on behalf of purchasers of The Hartford Financial Services Group, Inc. ("Hartford Financial") (NYSE:HIG) publicly traded securities during the period between November 5, 2003 and October 13, 2004 (the "Class Period").
Global Concepts Ltd.
AMD Receives First Peruvian Order
GARRISON, N.Y., Oct. 21, 2004 (PRIMEZONE) -- Transportation Logistics Int'l, Inc. (OTCBB:TRPL) has announced today that its Advanced Medical Diagnostics Division has received its first order from Peru for their HIV (1+2) Rapid Test Kit.
SimpleTech To WebCast Conference Call Discussing Third Quarter 2004 Results
SANTA ANA, Calif., Oct. 21, 2004 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC) today scheduled its earnings release and an open webcast conference call to discuss its results for the third quarter ended September 30, 2004. A news release discussing the company's performance during this quarter will be issued just after the market close on Monday, November 1, 2004. The webcast conference call will take place that same day at approximately 2:00 p.m., Pacific/5:00 p.m., Eastern.
Scania's changeover highly successful -- new working methods and global production
SODERTALJE, Sweden, Oct. 21, 2004 (PRIMEZONE) -- "The changeover to the new product range has so far functioned perfectly. Together with our suppliers we have strived to identify and prevent disruptions well ahead of series production, and this has been immensely successful. By transferring production of the 4-series to our factories in South America, we have in addition been able to maintain excellent delivery capacity."
Powerwave Technologies Reports Third Quarter Results
SANTA ANA, Calif., Oct. 21, 2004 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) today reported net sales of $138.3 million for its third quarter ended October 3, 2004, compared to third quarter fiscal 2003 revenues of $63.2 million. Powerwave also reported third quarter net income of $2.8 million, which includes a total of $4.4 million of acquisition related restructuring charges and intangible asset amortization. Powerwave's net income equates to a diluted earnings per share of 3 cents for its fiscal third quarter, compared to a net loss of $5.7 million, or a basic loss per share of 9 cents for the prior year period. The third quarter 2003 loss included a restructuring and impairment charge of approximately $0.9 million related to the restructuring of the Company's manufacturing operations. Powerwave completed the acquisition of LGP Allgon Holding AB during the second quarter of 2004 and the results reported herein include the results of LGP Allgon Holding AB for the entire third quarter of fiscal year 2004. For the third quarter of fiscal 2004, excluding the restructuring and acquisition related charges and intangible asset amortization, Powerwave would have reported operating income of $7.8 million, net income after taxes of $6.0 million and diluted earnings per share of 5 cents.
Carnegie 9M results -- Net profit SEK 239 million (SEK 135 million)
STOCKHOLM, Sweden, Oct. 21, 2004 (PRIMEZONE) -- Carnegie's net profit for the first nine months of 2004 increased by 77% from the same period last year to SEK 239 million (SEK135 million), corresponding to earnings per share of SEK 3.59 (SEK 2.02). The net profit for the third quarter was SEK 36 million (SEK 69 million).