latest news releases from the newsroom
Wastech, Inc. Issues Dividend to Preferred Shareholders
CHARLESTON, S.C., Nov. 9, 2004 (PRIMEZONE) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") today announced that it has declared and will pay two (2) dividends of one-fifth (1/5th) of a share of Series A Preferred Stock to all such lawful holders of record of Series A Preferred Stock. Following the consecutive dividends, the Company will automatically convert the Series A Preferred Stock into ten (10) shares of Common Stock.
Action Products International
Action Products Projects Increased Revenue for the Fourth Quarter
ORLANDO, Fla., Nov. 9, 2004 (PRIMEZONE) -- Action Products International, Inc. (Nasdaq:APII), a leading toy designer and manufacturer of educational and positive, non-violent branded toys for pre-school children through pre-teens, today announced that with the recent arrivals of Curiosity Kits(r) inventory and new items in the company's other brands, based on October sales results and pre-orders for the balance of the quarter, the company projects sales gains for the fourth quarter of 2004 compared to the fourth quarter of 2003. Sales for the month of October reached $1,288,000 vs. $1,199,000 in 2003, a gain of 7.4%.
Gunnebo's Production Adjustments will Generate Annual Savings of MSEK 60
STOCKHOLM, Sweden, Nov. 9, 2004 (PRIMEZONE) -- At Gunnebo's Capital Market Day, held in Hillerstorp on Tuesday 9 November, Gunnebo's President and CEO, Bjarne Holmqvist, informed that the previously announced provisions to be taken in Q4 2004 for production adjustments to contain costs would amount to around MSEK 100.