latest news releases from the newsroom
American Physicians Service Group, Inc.
American Physicians Service Group, Inc. Reports 34 Percent Increase in Third Quarter Revenues
AUSTIN, Texas, Nov. 14, 2001 (PRIMEZONE) -- American Physicians Service Group, Inc. ("APS") (Nasdaq:AMPH) today announced results for the quarter and nine months ended September 30, 2001. For the three months ended September 30, 2001, revenues increased to $6,456,000 from $4,806,000 in the year-ago period. Net earnings were $117,000 or $.05 per share, compared to a loss of $85,000 or $.03 per share, in the comparable year-ago period. For the nine months ended September 30, 2001, revenues increased to $18,414,000 from $15,456,000 in the earlier period. Net earnings were $527,000 or $.20 per share, compared to $392,000 or $.14 per share in the comparable year-ago period.
PharmChem Announces Third Quarter 2001 Results
HALTOM CITY, Texas, Nov. 14, 2001 (PRIMEZONE) -- PharmChem, Inc. (Nasdaq:PCHM), reported a net sales decrease of 2.9% in the third quarter versus the same quarter last year. Net sales for the quarter ending September 30, 2001 were $11,610,000 compared to last year's third quarter net sales of $11,956,000. The net loss for this year's third quarter was $1,672,000 or $0.29 per share, compared to net income of $403,000 or $0.07 per diluted share for the same period last year.
GN Store Nord
GN Great Nordic: Publication of Q3 Results
DENMARK, Nov. 14, 2001 (PRIMEZONE) -- GN Great Nordic (CSE:GNS) presents its third quarter 2001 financial statements on November 28, 2001. The same day at 3 p.m. CET a press and investor meeting and a teleconference will be held.
Citizens Capital Corp.
Citizens Capital SCOR Brands Footwear Unit Opens for Trading
DALLAS, Nov. 14, 2001 (PRIMEZONE) -- Citizens Capital Corp. (OTCBB:CAAP) (CUSIP #174445106) today announced that the common shares of its SCOR Brands Inc. athletic footwear unit (CUSIP #784026106) has opened for secondary trading in the institutional and dealer markets. Market investors, dealers and institutions are provided with an early opportunity to position themselves for allocations prior to any general offering to be undertaken. SCOR Brands, Inc. is the branded athletic footwear subsidiary of Citizens Capital Corp. SCOR(r) offers several categories and styles of branded basketball, jogging, golf and outdoor footwear products which compete in the same consumer footwear market led by Nike Inc. (NYSE:NKE) and Reebok International Ltd.(NYSE:RBK). SCOR has moved to thrust itself into the $13 billion athletic footwear market. SCOR products may be previewed at its online SCOR(r) Store located at: www.scorbrands.com.
Citizens Capital Corp.
Citizens Capital Subscription Rights Open for Trading; Effects Spin Off
DALLAS, Nov. 14, 2001 (PRIMEZONE) -- Citizens Capital Corp. (OTCBB:CAAP) (CUSIP #174445106) today announced that its Citizens Capital Corp. Class A Subscription Rights (CUSIP #174445122) have opened for secondary trading in the institutional and dealer markets. Total Citizens Capital Corp. Class A Subscription Rights outstanding are 48,022,500. Each (5) Rights purchases (1) share of SCOR Brands, Inc. common stock (CUSIP #784026106) from Citizens Capital Corp. at $0.52 per share. After the basic (5) for (1) subscription is fulfilled, rights holders may over-subscribe to the SCOR Brands shares on an unlimited basis at $0.52 per share. Fully subscribed, the subscription rights shall effect the spin off of approximately 30 percent of Citizens Capital Corp.'s SCOR Brands, Inc. athletic footwear unit or 9,604,500 SCOR Brands, Inc. common shares. The subscription period expires November 30, 2001.
Appeal Virtual Machines
Appeal Virtual Machines Licenses Sun Microsystem's Java 2 Platform, Standard Edition-J2SE
SAN FRANCISCO, Nov. 14, 2001 (PRIMEZONE) -- Appeal Virtual Machines (SSE:APP), a technology leader in producing manageable, high performance Virtual Machines for the Java platform, today announced that it has signed a Sun Community Source license agreement for J2SE with Sun Microsystems. As a Java technology licensee, Appeal's JRockit product will give companies the choice to select a Java Virtual Machine with a management console suitable for integration, optimization and independent management for their unique operating environments.