latest news releases from the newsroom
International Council of Forest and Paper Associations Established
BRUSSELS and WASHINGTON (PRIMEZONE) -- Trade associations in 39 countries representing industries accounting for 75% of the world's paper production, and more than 50% of the world's wood production, today announced the formal establishment of an international association, the International Council of Forest and Paper Associations (ICFPA). This newly established council will work together on issues affecting forest and paper producers around the world. The ICFPA is committed to the principles of sustainable development and to working with other stakeholders to ensure that environmental, social and economic benefits and our natural resources are available to current and future
Andean American Mining Corp.
Andean American Mining Corp.: The Santa Rosa Project -- Additional Virundo Zone Exploration Results
VANCOUVER, B.C., July 16, 2002 (PRIMEZONE) -- Andean American Mining Corp. (TSX Venture Exchange:AAG) is pleased to provide additional results from its ongoing exploration program of the Virundo Zone within the Santa Rosa Property in southern Peru. The Santa Rosa Property is within the southern Intercordilleran Belt of the Peruvian Andes and is approximately 550 kilometres southeast of Lima. The Santa Rosa Mine is mining the Open Pit Zone, a structurally controlled epithermal deposit. The 13,440 hectare Santa Rosa Property is 100% owned by Andean American.
Robert Maltbie, Founder of Millennium Asset Management and Stockjock.com, Announces Release of Caution List
SANTA BARBARA, Calif., July 16, 2002 (PRIMEZONE) -- Millennium Asset Management founder Robert Maltbie has released a list of ex-Arthur Anderson clients that could be subject to further market downside. For a list of these companies visit Stockjock.com. "These companies may be vulnerable due to guilt by association, as well as lower top line revenue growth combined with deteriorating technicals. These companies also have a high relative price to earnings ratio," says Maltbie.
Murray, Frank & Sailer LLP
Rabin & Peckel LLP Commences Class Action Against Tellabs, Inc. and Certain Officers and Directors Alleging Violations of Federal Securities Law -- TLAB
NEW YORK, July 16, 2002 (PRIMEZONE) -- A class action Complaint has been filed in the United States District Court for the Northern District of Illinois, civil action number 02 c 5010, on behalf of all persons or entities who purchased Tellabs, Inc. ("Tellabs" or the "Company") (Nasdaq:TLAB) between December 11, 2000 and June 19, 2001, both dates inclusive (the "Class Period"). Tellabs, Michael J. Birck, and Richard C. Notebaert are named as defendants in this action.
Kirby McInerney LLP
Kirby Mcinerney & Squire LLP Announces Lawsuit Against Merrill Lynch -- MER
NEW YORK, July 16, 2002 (PRIMEZONE) -- Please take notice that the law firm of Kirby McInerney & Squire, LLP has commenced a class action lawsuit in the United States District Court for the Southern District of New York on behalf all persons who purchased the common stock of Merrill Lynch & Co., Inc. (NYSE:MER), in the period between July 3, 1999 and April 8, 2002 (the "class period").