latest news releases from the newsroom
Ahold Announces Terms of its Proposed Rights Offering for Approximately EUR 3.0 Billion
ZAANDAM, The Netherlands, Nov. 26, 2003 (PRIMEZONE) -- Ahold today announced its intention to proceed with a 2 for 3 rights offering of new common shares at an issue price of EUR 4.83 per share, raising approximately EUR 3.0 billion. The rights offering will be approximately 621.0 million common shares and has been fully underwritten by a syndicate of banks, subject to customary closing conditions at the issue price. The rights offering is part of Ahold's "Road to Recovery" program announced on November 7, 2003, aimed at restoring the company's financial health with the goal of returning Ahold to an investment grade profile by the end of 2005. Launch of the rights offering is subject to adoption of the relevant resolutions at Ahold's General Meeting of Shareholders that takes place today. Accordingly, the rights offering and all dates mentioned in this press release are subject to change. A further announcement confirming the outcome of the General Meeting of Shareholders will be released after completion of the meeting.
Ahold Announces Results for First Three Quarters of 2003
ZAANDAM, The Netherlands, Nov. 26, 2003 (PRIMEZONE) -- Ahold NV: This press release contains information that is more detailed than in prior quarterly releases. The Company does not intend to provide information to this level of detail in its future quarterly releases in 2004.
Trintech Group Plc
Trintech Reports Fiscal Year 2004 Third Quarter Financial Results
DUBLIN, Ireland and DALLAS, Nov. 26, 2003 (PRIMEZONE) -- Trintech Group Plc (Nasdaq:TTPA) (Prime Standard:TTP), a leading provider of transaction management and payment infrastructure solutions, today announced third quarter revenues of $10.5 million and a basic and diluted net loss per equivalent American Depositary Share (ADS) of ($0.08).
iMedia International, Inc.
Irvine Pacific Corporation Announces Name Change
SANTA MONICA, Calif., Nov. 25, 2003 (PRIMEZONE) -- Irvine Pacific Corporation, Inc. (Pink Sheets:IRVP) today announced it has received the approval of shareholders to change the company's name to iMedia International, Inc., in conjunction with a resolution to relocate its state of incorporation to Delaware from Colorado. iMedia will now trade under a new stock symbol, (Pink Sheets:IMNL) effective November 26, 2003.
Northrop Grumman Corp.
Northrop Grumman Hunter UAV Achieves 3,000 Combat Hours in Iraq
SAN DIEGO, Nov. 25, 2003 (PRIMEZONE) -- The Northrop Grumman Corporation (NYSE:NOC) -built RQ-5 Hunter unmanned aerial vehicle (UAV) proved its value as a reliable and critical element of the U.S. Army's reconnaissance arsenal by reaching the 3,000 combat flight-hour milestone last month over the skies of Baghdad. As of Nov. 2, Hunter has flown nearly 600 combat sorties totaling more than 3,100 flight hours since its deployment to Iraq in January 2003.
Australian-Canadian Oil Royalties Ltd.
Australian-Canadian Oil Royalties Ltd. Symbol: AUCAF Announces BHP Billiton Drilling on VIC/P45
CISCO, Texas, Nov. 25, 2003 (PRIMEZONE) -- Australian-Canadian Oil Royalties Ltd. (Nasdaq:AUCAF) announced drilling has begun on VIC/P45 using BHP rig Ocean Epoch. This rig can drill to 20,000 feet; however, the main objective is to initially drill to 7,500 feet deep into the Latrobe Formation, which should be reached in approximately 10 days. This offshore location, AUCAF's first offshore well in Australia, was located by 3-D seismic as an eastern extension of the Kingfish Field in the Bass Straits, located 2.4 miles along an anticlinal axis. The Kingfish Field has produced 1.1 billion barrels of oil to date. IMI, an independent engineering firm, estimates reserves for the 214,000 acre VIC/P45 at 350,000,000 barrels of oil and 4 trillion cubic feet of gas. AUCAF has a 0.05% of 1% Overriding Royalty Interest on VIC/P45. The enormous fields on both sides, Kingfish at 76,000,000 barrels per well and the Mackerel at 3,000,000 barrels per well are both producing from the top of the Latrobe. Gross production from the Kingfish and Mackerel respectively are 1.1 billion barrels and 450 million barrels.
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BOTHELL, Wash., Nov. 25, 2003 (PRIMEZONE) -- As you know we've got amazing packages all round at Go-Today.com, but this time we've surpassed even ourselves with these bargains! You can now travel to Europe from an amazing $299 and experience one of the most cosmopolitan cities in a totally enjoyable vacation! But you must hurry - these special prices are for one week only, so book now!!
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Aerosonic Corporation -- AIM
BALA CYNWYD, Pa., Nov. 25, 2003 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Aerosonic Corporation ("Aerosonic or the "Company") (AMEX:AIM), between May 3, 1999 and March 17, 2003, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Middle District of Florida against Aerosonic and certain of its officers and/or directors.