latest news releases from the newsroom
Nominations to Framfab's Board of Directors
STOCKHOLM, Sweden, March 5, 2004 (PRIMEZONE) -- Framfab's nominating committee, consisting of Gunnar Ek, Swedish Association of Share Investors, Ned Stringham, CEO of SBI Group Inc., Markus Winkler Board Chairman of Vermoegensverwaltungs-Gesellschaft Zurich and Sven Skarendahl, Board Chairman of Framfab AB, proposes that the March 25 annual general meeting re-appoint current Board members Kaj Green, Bob Gogel, Ty Mattingly and Sven Skarendahl.
AB Volvo Sells its Scania B Shares
GOTEBORG, Sweden, March 5, 2004 (PRIMEZONE) -- AB Volvo has sold all its B shares in Scania AB to Deutsche Bank for placement in a marketed offering. As a result of the transaction, Volvo receives about SEK 15 billion.
Glancy Binkow & Goldberg LLP
Glancy Binkow & Goldberg LLP, Representing Shareholders of Adecco SA, Announces Update to Shareholder Lawsuit
LOS ANGELES, March 4, 2004 (PRIMEZONE) -- Glancy Binkow & Goldberg LLP -- representing shareholders of Adecco SA -- announces 12 days remaining to move to be a lead plaintiff in the shareholder lawsuit. All persons and institutions who purchased securities of Adecco SA ("Adecco" or the "Company")(NYSE:ADO) between April 19, 2000, and January 12, 2004, inclusive (the "Class Period"), may move the Court not later than March 16, 2004, to serve as lead plaintiff; however, you must meet certain legal requirements.
JetBlue Airways Corporation
SEC Declares Effective JetBlue Universal Shelf Registration Statement
NEW YORK, March 4, 2004 (PRIMEZONE) -- JetBlue Airways Corporation (Nasdaq:JBLU) today announced that the Securities and Exchange Commission has declared effective its universal shelf registration statement on Form S-3, filed in connection with the offer and sale, from time to time on a delayed basis, of up to $750,000,000 aggregate amount of its common stock, preferred stock, debt securities and/or pass through certificates. These securities, which may be offered in one or more offerings and in any combination, will in each case be offered pursuant to a separate prospectus supplement issued at the time of the particular offering that will describe the specific types, amounts, prices and terms of the offered securities. Unless otherwise described in the applicable prospectus supplement relating to the offered securities, the Company anticipates using the net proceeds of each offering to fund working capital and capital expenditures, including capital expenditures related to the purchase of aircraft and construction of facilities on or near airports.