latest news releases from the newsroom
Virco Mfg. Corporation
State of California Presents Virco with Important Environmental Honor
TORRANCE, Calif., Nov. 20, 2002 (PRIMEZONE) -- For the second consecutive year, Virco Mfg. Corporation (AMEX:VIR) has been named a 2002 Waste Reduction Awards Program (WRAP) winner by the California Integrated Waste Management Board (CIWMB). As a leading supplier of chairs, tables and storage equipment for commercial and hospitality settings, as well as the largest manufacturer of educational furniture in the United States, Virco has received nine major environmental awards during 2002.
Trelleborg Positioned for Continued Expansion
STOCKHOLM, Sweden, Nov. 20, 2002 (PRIMEZONE) -- Trelleborg (Other OTC:TBABF) Captial Markets Day 2002: With its leading positions, good earnings capacity in relation to the current market conditions and experienced organization, the Trelleborg Group is poised for further growth. This was underlined by Group CEO Fredrik Arp at today's Capital Markets Day. Fredrik Arp also said that he expects average growth within Trelleborg's core business areas, which since 1999 has totaled about 20%, to continue. "As recently as last week, the Group was able to announce the acquisition of Seaward in the United States, and is currently involved in a number of other discussions regarding further acquisitions," said Arp.
Prudential plc Announces Scrip Dividend
LONDON, Nov. 20, 2002 (PRIMEZONE) -- Prudential plc (NYSE:PUK) announces that the reference price for the fully paid extra shares to be issued to shareholders who elected for the scrip dividend alternative for the 2002 interim dividend is 440.6 pence per share.
Modern Times Group: Internet Retail Orders Doubled
STOCKHOLM, Sweden, November 20, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that weekly orders on its CDON and DVDON Internet retailing businesses nearly doubled, as a result of several recent campaigns to customers in Sweden. Total orders for week 46 reached an all time high, with an average of three products per order, and the substantial growth in orders added a significant 8,300 first-time customers to the CDON and DVDON customer database.