latest news releases from the newsroom
Law Offices Bernard M. Gross, P.C.
Law Offices Bernard M. Gross, P.C. Sues Capital One Financial Corporation and Certain of its Officers on Behalf of Common Stock Purchasers Between January 15, 2002 and July 16, 2002 -- COF
PHILADELPHIA, Aug. 15, 2002 (PRIMEZONE) -- On August 13, 2002, a class action lawsuit was filed by the Law Offices Bernard M. Gross, P.C. in the United States District Court for the Eastern District of Virginia, on behalf of all persons and entities who purchased or otherwise acquired the common stock of Capital One Financial Corporation (NYSE:COF) ("Capital One" or the "Company") between January 15, 2002 and July 16, 2002, inclusive (the "Class Period").
Sandvik Capital Markets Day with Focus on Opportunities
STOCKHOLM, Sweden, Aug. 15, 2002 (PRIMEZONE) -- Sandvik's Capital Markets Day on 15 August in Sandviken attracted record interest among analysts, investors and journalists. More than 70 persons representing the international financial community and the Swedish media participated. All members of Group executive management were on hand to present Sandvik's business opportunities within various key areas.
Ledstiernan: Interim Report January-June 2002
STOCKHOLM, Sweden, Aug. 15, 2002 (PRIMEZONE) --- Ledstiernan has acquired Speed Ventures for MSEK 147 in shares and convertibles. The transaction represents an injection of MSEK 133 in liquid funds (after deduction of transaction costs)and brings 10 new portfolio companies in Ledstiernan's focus area into the Group for an acquisition value of MSEK 24.
Caribbean Motor Works USA Inc.
Caribbean Motor Works USA, Inc. Announces Reverse Stock Split
HOUSTON, Aug. 15, 2002 (PRIMEZONE) -- Caribbean Motor Works USA, Inc. (Pink Sheets:CMWU) announced today that its shareholders approved a 1-for-20 reverse split of the Company's common stock, effective as of August 23, 2002. The Shareholders voted on the proposal at the annual meeting of shareholders in Houston on August 13, 2002. It is anticipated that the Company's common stock will begin trading on a post-reverse stock split basis at the opening of trading on August 26, 2002 under its current symbol "CMWU." Directors Robert Russell and Martin Rogowsky were also elected to serve additional terms.
SAS Passengers Provided Service Commitment
STOCKHOLM, Sweden, Aug. 15, 2002 (PRIMEZONE) --In cooperation with consumer organizations, national authorities and the EU Commission many European airlines, including SAS, have developed an Airline Passenger Service Commitment. It contains guidelines that in detail describe the minimum level of service that passengers should expect from the airlines. The document covers service before, during and after the flight.