latest news releases from the newsroom
FTS Wireless, Inc.
FTS Board Approves 10% Warrant Dividend
LEVITTOWN, Pa., July 20, 2004 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP) today announced plans to distribute to shareholders a 10% warrant dividend. Shareholders of record will be issued 1 three-year warrant to purchase a share of FTS stock @ $.25 for every 10 shares owned on the record date. Final terms and details of the dividend will be announced pending a final attorney review.
Outstanding Stocks for Tuesday, July 20, 2004: DRVW: Emerging Growth Situation!
ATLANTA, July 20, 2004 (PRIMEZONE) -- Market-Pulse.com is pleased to introduce our featured stock, DirectView, Inc. (OTCBB:DRVW), to the investment community! DirectView is new to Market-Pulse.com and is a full-service provider of high-quality, cost efficient videoconferencing technologies and services! DirectView just had excellent news out before today's opening bell! Watch this stock move! Other notable stocks that look great lately from a fundamental and technical perspective are:
Ocwen Financial Corp.
Court Throws Out Damages Verdict Against Ocwen Federal Bank and Ocwen Technology Xchange
WEST PALM BEACH, Fla., July 20, 2004 (PRIMEZONE) -- Ocwen Federal Bank FSB and Ocwen Technology Xchange, Inc., both wholly-owned subsidiaries of Financial Corporation (NYSE:OCN), learned yesterday that a federal judge in Denver, Colorado threw out a $9.3 million jury verdict in a trade secrets case brought by a former real estate valuation vendor, Cartel Asset Management, Inc. ("Cartel"). The lawsuit does not involve challenges to Ocwen Federal Bank's core Residential Loan Servicing practices.
Capital Research Group, Inc
TheSUBWAY.com Announces Its Stock Market Standouts List for Tuesday, July 20, 2004: XKEM, JNPR, SEPR, TLAB
WESTON, Fla., July 20, 2004 (PRIMEZONE) -- TheSUBWAY.com names the following stocks to its Stock Market Standouts List: Xechem International, Inc. (OTCBB:XKEM), Juniper Networks, Inc. (Nasdaq:JNPR), Sepracor, Inc. (Nasdaq:SEPR), Tellabs, Inc. (Nasdaq:TLAB).
First Horizon National Corporation
First Horizon Establishes New Reporting Segments
MEMPHIS, Tenn., July 20, 2004 (PRIMEZONE) -- First Horizon National Corporation (NYSE:FHN), formerly First Tennessee National Corporation, announced today four new financial reporting segments: Retail/Commercial Banking, Mortgage Banking, Capital Markets and Corporate. FHN formerly reported five segments by primary brand: First Horizon, First Tennessee Banking Group, FTN Financial, Transaction Processing and Corporate. By realigning the segments along similar operations and industry classifications, the underlying business mix and growth opportunities of each of the segments are more transparent.
Saab employees choose to stay shareholders
LINKOPING, Sweden, July 20, 2004 (PRIMEZONE) -- The stock option converting period is now ended and in total SEK 245 m corresponding to 2 690 671 B-shares have been converted, a dilution of the total share capital by 2,53 % and of the total voting rights by 1,64 %.