latest news releases from the newsroom
Ocwen Financial Corp.
Ocwen Financial Corporation Announces Fourth Quarter and 2002 Results
WEST PALM BEACH, Fla., Feb. 6, 2003 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) today reported a net loss in the fourth quarter of 2002 of $(7.8) million or $(0.12) per share compared to a net loss of $(6.9) million or $(0.10) per share in the fourth quarter of 2001. For the year ended December 31, 2002 the Company reported a net loss of $(66.5) million or $(0.99) per share compared to a net loss of $(124.8) million or $(1.86) per share in 2001.
United Online, Inc.
United Online Reports GAAP Net Income of $4.7 Million, or $0.11 Per Share, in Fiscal Second Quarter
WESTLAKE VILLAGE, Calif., Feb. 6, 2003 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of value-priced Internet access through its NetZero, Juno and BlueLight Internet services, today reported results for its fiscal second quarter ended December 31, 2002.
Axfood's Sales For the Month of January 2003
STOCKHOLM, Sweden, Feb. 6, 2003 (PRIMEZONE) -- Axfood (Stockholm:AXFO) today announced that for stores in Sweden owned by the Group, the increase was 13.3% for the month of January, of which same stores accounted for 4.7%. Consolidated net sales(a) (excluding VAT) for the month totaled SEK 2,699 m (2,615), a increase of 3.2% compared with the same period a year ago. Of total sales, the Swedish operations accounted for SEK 2,300 m (2,205) and Spar Finland for SEK 399 m (410).
National Technology Alliance Joins Forces with Sarnoff, SRI and Virage for Surveillance Video Motion Mining Project
SAN MATEO, Calif., Feb. 6, 2003 (PRIMEZONE) -- Virage, Inc. (Nasdaq:VRGE), a leading provider of video and rich media communication software, today announced that it has received a contract from Rosettex Technology & Ventures Group (Rosettex) on behalf of the National Technology Alliance (NTA) to develop solutions for surveillance video content management for the U.S. Government. The development entails integrating specialized motion mining products with the Virage video content management platform. Rosettex, a joint venture between Sarnoff Corporation and SRI International, collaborates with best-of-breed partner organizations to build technology prototypes and encourage the development of commercial, off-the-shelf solutions for government user's needs.