latest news releases from the newsroom
Credit Suisse Group
Credit Suisse Group Reports Net Profit of CHF 652 Million for the First Quarter 2003
ZURICH, Switzerland, May 6, 2003 (PRIMEZONE) -- Credit Suisse Group (NYSE:CSR) (Other OTC:CSGKF) today announced a net profit of CHF 652 million for the first quarter of 2003, in line with the Group's preliminary outlook announced on April 25, 2003. Credit Suisse First Boston returned to profitability in the first quarter, due in large part to the significantly improved performance of its Institutional Securities segment. Winterthur's results recovered further in the first quarter, with both Life & Pensions and Insurance improving their profitability versus the fourth quarter due primarily to increased investment income, tariff increases and lower administration costs. Private Banking recorded a higher segment profit than in the fourth quarter of 2002, as well as net new assets of CHF 1.5 billion. At the same time, Corporate & Retail Banking reported a significant increase in profitability compared to the weak fourth quarter of 2002.
Strategic Distribution, Inc.
Strategic Distribution, Inc. Reports 2003 First Quarter Financial Results
BENSALEM, Pa., May 5, 2003 (PRIMEZONE) -- Strategic Distribution, Inc. (Nasdaq:STRD), a leading provider of maintenance, repair and operating (MRO) supply chain management services, today reported financial results for the first quarter ended March 31, 2003.
Chitwood & Harley
Chitwood & Harley LLP Files Securities Class Action Lawsuit Against i2 Technologies, Inc. and Certain of its Officers and Directors -- ITWOE
ATLANTA, May 5, 2003 (PRIMEZONE) -- Chitwood & Harley announces that it has filed a class action lawsuit in the United States District Court for the District of Texas, on behalf of all who purchased or acquired the securities of i2 Technologies, Inc. ("i2" or the "Company") (Nasdaq:ITWOE) between April 18, 2000 and January 24, 2003, inclusive (the "Class Period"). The suit is brought against i2 Technologies, Inc. and certain of its officers and directors. A copy of the complaint is available on the website, www.classlaw.com by clicking on i2 Technologies. If you would like to discuss your rights in connection with this action, please contact Jennifer Morris at email@example.com or at 1-888-873-3999, ext. 6883.
Winter, Spring, Summer or Fall -- Portugal Has it All!
BOTHELL, Wash., May 5, 2003 (PRIMEZONE) -- Situated on the extreme southwest corner of Europe, in the Iberian Peninsula, Portugal's position on the Atlantic coast provides an ideal climate -- mild year round with summers dry and clear, and temperatures in the mid 70's. Warm sunshine extending long into autumn and winters are moderate with temperatures ranging from the low to mid-50's. What you may not know is that Portugal is one of the most affordable countries in Europe to visit -- not just with our packages -- but once you are there -- enjoying the pleasures of dining, shopping, sightseeing and entertainment.