latest news releases from the newsroom
Stockholmsborsen observes a minute of silence
STOCKHOLM, Sweden, Sept. 12, 2003 (PRIMEZONE) -- Stockholmsborsen and The Swedish Securities Dealers Association will observe a minute of silence today at 14.00 CET as a mark of respect to the recently deceased Swedish Foreign Minister Anna Lindh.
Statoil revokes Iran consultancy deal
OSLO, Norway, Sept. 12, 2003 (PRIMEZONE) -- Statoil's (OSE:STL) (NYSE:STO) chief executive Olav Fjell has decided to cancel with immediate effect the consultancy contract relating to advice on business development in Iran. Agreement has been reached with Horton Investment that Statoil will pay no more than the USD 5.2 million which has already been paid out.
SKF leaves three stock exchanges
GOTEBORG, Sweden, Sept. 12, 2003 (PRIMEZONE) -- The SKF (Nasdaq:SKFR) (LSE:SKFB) B-shares are today traded in Stockholm, London, Paris and Zurich, and its American Depositary Receipts, ADR's, on NASDAQ in the USA. SKF has decided to leave three out of the five stock exchanges.
Credit Suisse Group
Credit Suisse Group Reduces Level of Options Outstanding by 48%
ZURICH, Switzerland, Sept. 12, 2003 (PRIMEZONE) -- Credit Suisse Group (NYSE:CSR) (Other OTC:CSGKF) announced on August 5, 2003, that it would adopt the fair value based method of expensing future employee option awards and launch an Option Reduction Program, to be conducted on a value-for-value basis under applicable accounting rules with the aim of reducing the number of options outstanding.