latest news releases from the newsroom
PharmChem Announces Possible Delisting by Nasdaq
HALTOM CITY, Texas, March 1, 2002 (PRIMEZONE) -- PharmChem Inc. (Nasdaq:PCHM) today announced that it has received a letter from The Nasdaq Stock Market, Inc. indicating that the Company is out of compliance with the $5 million minimum market value requirement for its publicly held shares, as stated in Marketplace Rule 4450(a)(2). Publicly held shares exclude shares held directly or indirectly by any officer or director of the Company and by any person who is the beneficial owner of more than 10% of the total shares outstanding.
Scania to Sell Din Bil Sverige AB
STOCKHOLM, Sweden, March 1, 2002 (PRIMEZONE) -- Scania (NYSE:SCVa) (NYSE:SCVb) has agreed to sell Din Bil Sverige AB to Volkswagen AG of Germany. The transaction can be completed after examination and approval by the competition authorities concerned.
Carlsberg A/S: Statement of Objections from the EU Commission
VALBY, Denmark, March 1, 2002 (PRIMEZONE) -- Carlsberg A/S has today received a Statement of Objections from the EU Commission. The Commission is of the initial opinion that Carlsberg and Heineken during the period 1993-1996 had an agreement to limit competition in their respective home markets. Carlsberg does not concur with the opinion of the Commission. The Commission's statement will now be studied in detail and Carlsberg will then reply to the statement.
AB Volvo Trucks Deliveries for January 2002
STOCKHOLM, Sweden, March 1, 2002 (PRIMEZONE) -- Deliveries from Volvo's (Nasdaq:VOLVY) truck operations, which comprises Volvo Truck Corporation, Mack Trucks, Inc. and Renault Trucks, for the month of January 2002 amounted to 9,814 trucks compared to 12,435 trucks last year, a decrease by 21%. In Europe, deliveries decreased by 19% to 6,633 while 1,693 trucks were delivered in North America, a decrease of 45%.