latest news releases from the newsroom
Oneida Ltd. Reports Second Quarter 2001 Results
ONEIDA, N.Y., Aug. 15, 2001 (PRIMEZONE) -- Oneida Ltd. (NYSE:OCQ) today announced sales of $119 million for the second fiscal quarter ended July 28, 2001, up 15% from $104 million for the same period a year ago. Earnings were $ 0.10 per share, compared to $ 0.20 per share (before restructuring charges) for the 2000 second fiscal quarter. For the first six months of fiscal 2001, earnings were $ 0.13 per share vs. $ 0.65 (before restructuring charges) for the same period last year. First-half sales of $246 million were up 11%, compared to $222 million for the 2000 fiscal first half.
CARESIDE Files Form 10-Q for Fiscal 2001 Second Quarter
CULVER CITY, Calif., Aug. 15, 2001 (PRIMEZONE) -- CARESIDE, Inc. (AMEX:CSA), a provider of point-of-care blood analysis instrumentation and records management, today announced that it has filed its Form 10-Q for the second quarter and six months ended June 30, 2001. In the filing, the Company included non-cash charges to record accreted dividends associated with its Series C Preferred Stock of $885,000 for the second quarter and $919,000 for the six months ended June 30, 2001, bringing the total charges for accrued and accreted dividends to $892,000 and $939,000, respectively. As a result of these non-cash charges, the Company's net loss to common shareholders totaled $8.4 million, or $0.73 loss per share, for the second quarter and $11.7 million, or $1.04 loss per share, for the six months ended June 30, 2001. In its August 9, 2001 news release, which was disseminated before the Form 10-Q was filed, the Company reported a net loss to common shareholders of $7.5 million, or $0.66 loss per share for the second quarter and $10.9 million, or $0.96 loss per share, for the six months ended June 30, 2001. This change has no impact on the balance sheet or net loss from operations.
Northrop Grumman Corp.
Northrop Grumman Board Declares Quarterly Dividend
LOS ANGELES, Aug. 15, 2001 (PRIMEZONE) -- The Board of Directors of Northrop Grumman Corporation (NYSE:NOC) today declared a quarterly dividend of 40 cents per share on Northrop Grumman common stock, payable Sept. 8, 2001, to shareholders of record Aug. 27, 2001. The board also declared a dividend of $1.75 per share on the company's Series B convertible preferred stock, payable Oct. 15, 2001, to shareholders of record Oct. 4, 2001.
Schiffrin Barroway Topaz & Kessler, LLP
Schiffrin & Barroway, LLP Announces Class Periods for Shareholder Lawsuits Against Several Companies Who Recently Issued IPOs -- CALD, IMAN, TRLY, WBVN
BALA CYNWYD, Pa., Aug. 15, 2001 (PRIMEZONE) -- Schiffrin & Barroway, LLP announced today that it recently filed lawsuits against Caldera Systems, Inc., iManage, Inc., Terra Networks, Inc. and Webvan Group, Inc. for violations of the federal securities laws.
NobleTrading.com Announces per Share Pricing and New Clearing Arrangement
NEW YORK, Aug. 15, 2001 (PRIMEZONE) -- NobleTrading.com,
www.nobletrading.com, an online direct access trading company, is
pleased to announce its new per share pricing model. This model is
in addition to the existing pricing model of commission per order
ticket (see below). New accounts that wish to take advantage of the
per share trading model will be opened with NobleTrading.com's
Broker/Dealer, White Pacific Securities (WPS) (member NASD/SIPC)
which has just signed a new clearing arrangement with Penson
Financial Services of Dallas. NobleTrading, through WPS, has an
existing clearing relationship with Computer Clearing Services of
Fresh America Announces Definitive Agreements for $5 million Private Equity Transaction
DALLAS, Aug. 15, 2001 (PRIMEZONE) -- Fresh America Corp. (Pink Sheets:FRES), a major North America fresh produce distribution company, announced today that it entered into definitive agreements pursuant to which, North Texas Opportunity Fund LP ("NTOF") will invest $5 million in cash in exchange for $5 million of preferred stock and warrants exercisable for approximately 50% of Fresh America's fully-diluted common stock upon completion of the transaction.
PharmChem Reports on Status of Move to Texas, Second Quarter 2001 Results, and Records Restructuring Charge
HALTOM CITY, Texas, Aug. 15, 2001 (PRIMEZONE) -- PharmChem, Inc. (Nasdaq:PCHM) announced that second quarter 2001 net sales were $10,789,000, a decrease of 6.8% vs. last year's second quarter net sales of $11,580,000. The Company reported a net loss for the second quarter of $5,557,000, or $0.95 per share, vs. net income of $374,000, or $0.06 per diluted share, earned in the same quarter a year ago.