latest news releases from the newsroom
StreetFusion to Feature Live and On-Demand Webcasts of Quarterly Earnings Conference Calls for Mentor Corporation, Orbital Sciences Corporation, PolyMedica Corporation, QLogic Corporation
SAN FRANCISCO, May 14, 2001 (PRIMEZONE) -- On Tuesday, May 15, 2001, StreetFusion, the online network for financial events, will webcast quarterly earnings calls for the companies listed below. Free access to these live and on-demand earnings call webcasts, a calendar of upcoming events, and an extensive library of archived webcasts are available at www.streetfusion.com.
Frontline Sells Suezmax Tanker
OSLO, Norway, May 14, 2001 (PRIMEZONE) -- Frontline (Nasdaq:FRONY) has entered into an agreement to sell one of its 2000-built suezmax tankers, Front Archer. The Front Archer was designed and built with future employment as a shuttle tanker in mind and is equipped with a controllable pitch propeller and thruster tunnel. It is the buyer's intention to use the vessel in his shuttle operations.
Frontline: Mandatory Notification
OSLO, Norway, May 15, 2001 (PRIMEZONE) -- Frontline's (Nasdaq:FRONY) warrant program established in connection with the merger between Frontline and London Overseas Freighters expired May 11, 2001.
Carrier1 International S.A.
Strong Revenue Growth in First Quarter 2001 at Carrier1 (with link)
ZURICH, Switzerland, May 14, 2001 (PRIMEZONE) -- Carrier1 (Neuer Markt:CJN) (Nasdaq:CONE), a leading European provider of end-to-end Internet, voice, bandwidth, data center and access solutions to large users of communication services, today reported strong revenue of $89.6 million for the three months ended March 31, 2001, a 75% increase over the first quarter of 2000 and a 18% increase over the fourth quarter of 2000. Revenue in the first quarter 2001 exceeded the Company's prior revenue forecast of $87 million. EBITDA (earnings before interest, taxes, depreciation, amortization, foreign currency exchange gains or losses, other income (expense) and extraordinary items) loss for the first quarter 2001 was $7.4 million, excluding bad debt expense of $7.0 million, for a total EBITDA loss of $14.4 million.
StreetFusion to Feature Live and On-Demand Webcasts of Presentations at the Robert W. Baird Growth Stock Conference for APW Ltd., Tollgrade Communications, Inc. and ACT Manufacturing, Inc.
SAN FRANCISCO, May 11, 2001 (PRIMEZONE) -- On Monday, May 14, 2001, StreetFusion, the global financial events network, will webcast presentations at the Robert W. Baird Growth Stock Conference for the companies listed below. Free access to these live and on-demand webcasts is available at www.streetfusion.com.
Northrop Grumman Corp.
Northrop Grumman to Make Presentation at Aerospace Finance Conference
LOS ANGELES, May 11, 2001 (PRIMEZONE) -- Kent Kresa, chairman, president and chief executive officer of Northrop Grumman Corporation (NYSE:NOC), will make a presentation to the Credit Suisse First Boston/Aviation Week Magazine Aerospace Finance Conference, which is being held in New York City May 14-16, 2001. Mr. Kresa's address will take place on Tuesday, May 15 at 12:15 p.m. E.D.T.