latest news releases from the newsroom
Ahold completes sale of operation in Paraguay
ZAANDAM, The Netherlands, Sept. 24, 2003 (PRIMEZONE) -- Ahold (NYSE:AHO) (Other OTC:AHODF) today announced it has successfully completed the sale of its 100% interest in Supermercados Stock S.A. to A.J. Vierci.
Comment by Skandia's board of directors on the independent examination of Skandia Liv
STOCKHOLM, Sweden, Sept. 24, 2003 (PRIMEZONE) -- The Board of Directors of Skandia (Other OTC:SKNFF) (LSE:SDIAq) has reviewed the report submitted by the independent investigative panel commissioned by Skandia Liv's board. Skandia has noted the investigative panel's conclusion that it "did not find any evidence that the Parent Company improperly profited at the expense of Skandia Liv."
Celltech Group plc
Celltech Group PLC Announces Merck Extends Development Period For PDE4 Collaboration With Celltech
SLOUGH, UK, Sept. 24, 2003 (PRIMEZONE) -- Celltech Group plc (LSE:CCH) (NYSE:CLL) announces that Merck & Co., Inc. (NYSE:MRK) (Pink Sheets:MCKIF) has exercised its option to extend the Development Period regarding its phosphodiesterase-4 (PDE4) inhibitors collaboration with Celltech. The exercise of this option enables Merck to maintain exclusive access to Celltech's PDE4 intellectual property estate, which was licensed by Celltech to Merck as part of their collaboration in 1994. Pursuant to this, Merck will shortly make an undisclosed milestone payment to Celltech.
Skandia -- Embedded value review
STOCKHOLM, Sweden, Sept. 24, 2003 (PRIMEZONE) -- After the Annual General Meeting in April this year, the Board of Skandia Insurance Company Ltd. (Other OTC:SKNFF)(LSE:SDIAq) commissioned an independent investigation to review Skandia's reporting and disclosure of embedded value. The outcome of this investigation still has to be finalized.
Sex, Fear and Politics on a Southern Campus - Author Spins Tale Involving Shocking University Scandal Within Top Administration
DALLAS, Sept. 23, 2003 (PRIMEZONE) -- Hiding behind a facade of intellectual academia, university professors and administrators conceal a scandalous secret. When Liz Hunter, the wife of an assistant professor, uncovers this secret lifestyle, she is punished quietly. In her new novel, In the Shadow of the Tower: Sex, Fear, and Politics on a Southern Campus (now available through 1stBooks), author Marjorie Hacker tells the suspenseful story of one woman whose family is hurt by a secret she must keep.
The Race to Read Another's Thoughts - New Novel Tells of Business Racing to Complete Project That Transfers Thoughts Between People
ISPHEMING, Mich., Sept. 23, 2003 (PRIMEZONE) -- Winser Research Inc. is on the verge of an astounding scientific breakthrough. Soon, it will be able to transfer thought processes from one human to another. When the company owner and president, Jeffrey Winser, falls ill with a fatal, incurable disease, things get out of hand. The company, its new successor and the project become entwined in a race against time and competing companies. In author Gary L. Dewey's The Project (now available through 1stBooks) the technology turns from a scientific marvel into a point of contention that involves danger and suspense.
Brave New World - Author Discusses the Fall of Capitalism and Rise of New Economic System in New Fictional Work
MONCTON, New Brunswick, Sept. 23, 2003 (PRIMEZONE) -- Since Sept. 11, 2001, time has revealed how the attacks altered the world. America has responded in many ways, such as tightened security and the "war on terrorism." Worldwide economics have also been affected, and author Jorge Torrealba explores the global marketplace, ruled by North American superpowers, in his new book, Counter Attack (now available through 1stBooks).