latest news releases from the newsroom
Frontline -- Capital adjustments
HAMILTON, Bermuda, Sept. 19, 2003 (PRIMEZONE) -- One employee of Frontline (NYSE:FRO) has exercised options to acquire a total of 1,333 shares in Frontline. All shares have been acquired at a strike price of USD 8.60 per share. Total proceeds were USD 11,463.00.
Electrolux will make provision for loan guarantees within professional laundry equipment
STOCKHOLM, Sweden, Sept. 19, 2003 (PRIMEZONE) -- Electrolux (Nasdaq:ELUX) will make a provision of EUR 32m (approximately SEK 290m) in the third quarter of 2003, referring to previously issued loan guarantees for launderette operators in Germany. The launderettes are experiencing financial difficulties due to weak market conditions, and Electrolux may be required to fulfill its guarantee commitments.
Akzo Nobel appoints Senior Vice President Human Resources
ARNHEM, The Netherlands, Sept. 19, 2003 (PRIMEZONE) -- Akzo Nobel (Other OTC:AKZOF)(Nasdaq:AKZOY) has appointed Paul L. Matson (54) as Senior Vice President of Human Resources to succeed Olle Werner who will retire this month. Mr. Matson will take up his new post on October 1, 2003, and will report to Hans Wijers, Chairman of the Board of Management of Akzo Nobel.
Crucell to Present at 2003 UBS Global Life Sciences Conference
LEIDEN, The Netherlands, Sept. 19, 2003 (PRIMEZONE) -- Dutch biotechnology company, Crucell N.V. (Euronext:CRXL) (Nasdaq:CRXL) today announced that it is presenting at the 2003 UBS Global Life Sciences Conference being held September 22-25, 2003 in The Plaza Hotel, New York City. Crucell's CEO, Dinko Valerio, will be presenting on Thursday, September 25, 2003 at 4:00 p.m.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Executive Elected to Lead Long Island Professional Association
BETHPAGE, N.Y., Sept 18, 2003 (PRIMEZONE) -- Anthony Piazza, vice president, business management and chief financial officer for Northrop Grumman Corporation's (NYSE:NOC) Airborne Early Warning and Electronic Warfare (AEW&EW) Systems business area, has been elected president of the Long Island chapter of the National Contracts Management Association (NCMA). Piazza, a long-standing member of the NCMA, will serve a one-year term as volunteer-president of this professional society.
SureBeam Charged With Securities Fraud Says the Pomerantz Firm -- SUREE
NEW YORK, Sept. 18, 2003 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) has filed a class action lawsuit against SureBeam Corporation ("SureBeam" or the "Company") (Nasdaq:SUREE) and two of the Company's senior officers on behalf of investors who purchased the common stock of SureBeam during the period between March 16, 2001 and August 20, 2003, inclusive (the "Class Period"). The case was filed in the United States District Court for the Southern District of California.
Experience Italy With Go-Today.com From $459!
BOTHELL, Wash., Sept. 18, 2003 (PRIMEZONE) -- Are you planning to visit Italy this winter? Then take advantage of one of these amazing specials to Italy, offered by Go-Today.com, starting as low as $459 per person. Experience the spirit of la Dolce Vita in the Eternal city of Rome, go on a romantic float through the maze like canals in Venice, or visit Florence with its beauty, history & culture ever present. Better yet, why not combine 2 or more of the cities -- a perfect way for the value conscious consumer to taste a little bit of Italy at a reasonable price!