latest news releases from the newsroom
PIMCO Hires Emerging Markets Specialist
SINGAPORE, May 16, 2002 (PRIMEZONE) -- PIMCO, one of the world's leading fixed-income asset management companies, is pleased to announce that Aaron Low has joined the firm as an emerging markets specialist and international portfolio manager.
Findexa II AS Announces an Exchange Offer for Its Outstanding Notes Guaranteed on a Senior Subordinated Basis by Findexa I AS
OSLO, Norway, May 16, 2002 (PRIMEZONE) -- Findexa II AS and Findexa I AS today announced that on May 13, 2002, they commenced an Exchange Offer to exchange the new e145,000,000 10 1/4% Senior Notes due 2011 issued by Findexa II AS and guaranteed by Findexa I AS which have been registered under the U.S. Securities Act of 1933, as amended, pursuant to a registration statement declared effective on May 8, 2002, for the outstanding e145,000,000 10 1/4% Senior Notes due 2011 issued by Findexa II AS on December 10, 2001 and guaranteed by Findexa I AS. The Exchange Offer will remain open until 5:00 p.m., New York time, on June 12, 2002.
Scania: Sales Growth in Saudi Arabia; Scania Sells 90 Trucks
SODERTALJE, Sweden, May 16, 2002 (PRIMEZONE) -- GCC, Scania's (NYSE:SCVA) (NYSE:SCVB) distributor in Saudi Arabia, has sold 90 tractor units to TASECO, one of the leading haulage firms in the country. GCC itself is also relocating to a newly built distribution centre in Jeddah.
Microsoft Loses Appeal to Shut Down Lindows.com
SAN DIEGO, May 16, 2002 (PRIMEZONE) -- A Seattle Judge, who had been asked by Microsoft (Nasdaq:MSFT) to shutdown Lindows.com and block the 35 person company from advertising their competing program, LindowsOS, issued a denial to the software giant this week.