latest news releases from the newsroom
Law Offices of Brian M. Felgoise, P.C.
Law Offices of Brian M. Felgoise, P.C. States that Class Actions and/or Investigations of Potential Securities Law Violations Are Ongoing Against Optical Cable Corporation, Infonet Services Corporation, Rica Foods, Inc. and HA-LO Industries, Inc. -- OCCF, IN, RCF, HMLOQ
PHILADELPHIA, Pa., Jan 16, 2002 (PRIMEZONE) -- Law Offices of Brian M. Felgoise, P.C., of Philadelphia, Pa., today announced that class action lawsuits have been initiated in federal courts across the country by various law firms alleging violations of the federal and/or state securities laws, and that investigations of these securities law violations by the Law Offices of Brian M. Felgoise, P.C. are underway for the following corporations:
MTG: Preliminary Reporting Dates
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced the following dates for the release of its preliminary quarterly results statements and the Annual General Meeting for 2002:
Espen Pay New President of NCC Construction Norway
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Due to the ongoing reorganization of the NCC Group, contracting operations in Norway are entering a new phase. Against this background, it has been decided, with the agreement of current president Paul E. Lodoen, that the time is now appropriate for a change of president. Paul Lodoen has been a member of executive management for Norwegian contracting operations since 1985, with the past five years as president.
Graninge Becomes Majority Owner of Finnish Kainuun Sahko
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Graninge AB has increased its holding in Kainuun Sahko Oyj, based in the city of Kajaani in central Finland. An agreement was signed on Wednesday with three municipalities - Kuhmo, Suomussalmi and Vaala - according to which Graninge is to buy their minority holdings. After the acquisition Graninge will hold just under 51 per cent of the share capital and will thus become a majority owner.
Dot Hill Systems Corp.
Dot Hill's SANnet Achieves U.S. Military Certification
CARLSBAD, Calif. Jan. 16, 2002 (PRIMEZONE) -- Dot Hill Systems Corp. (NYSE:HIL), a leading provider of storage networking solutions, today announced that its SANnet(r) 7100 and 3300 series storage systems have been certified by an independent laboratory on a variety of United States Department of Defense (DOD) military ruggedization standards known as MIL-STD-810F. MIL-STD-810F focuses on environmental engineering issues and requires products to pass various laboratory tests to ensure that military equipment operates in worldwide environments.
Metso to Sell Interconsult to Jyki Corporation
HELSINKI, Finland, Jan. 16, 2002 (PRIMEZONE) -- Metso Minerals, the rock and mineral processing business area of Metso Corporation (NYSE:MX), will sell Interconsult i Falkenberg AB to Jyki Corporation from Finland. Interconsult manufactures tanker superstructures and employs about 150 people. The company's net sales in 2001 totaled about EUR 12 million. Most of the company's operations are located in Falkenberg, near Goeteborg, Sweden. The business will transfer to the buyer immediately. The parties have agreed not to disclose the acquisition price.
SKF Closes Seals Plant in USA
GOTEBORG, Sweden, Jan. 16, 2002 (PRIMEZONE) -- SKF's seals plant in Bethlehem, Pennsylvania, USA, will be closed at the end of March this year. The manufacturing equipment will be transferred to SKF's Italian seals operations at RFT.