latest news releases from the newsroom
World Financial Capital Markets
World Financial Updates Investment Opinion on MediaBay
NEW YORK, April 24, 2002 (PRIMEZONE) -- World Financial Capital Markets, an investment boutique specializing in the underwriting of public and privately held securities, amended coverage of its previously issued report on Cedar Knolls, New Jersey-based MediaBay because of its initial foray into the satellite marketplace with Sirius Satellite Radio. The transaction allows unlimited programming from MediaBay's RadioClassics subsidiary to be available on the Sirius Satellite network. Such programming includes classic shows from Sherlock Holmes and Fibber McGee & Molly.
Annual general meeting of AB Volvo
GOTEBORG, Sweden, April 24, 2002 (PRIMEZONE) -- The Annual General Meeting of AB Volvo (Nasdaq:VOLVY) held on April 24, 2002 approved the Board of Directors' proposal that a dividend of SEK 8.00 per share be paid to shareholders, a total of SEK 3,355,558,736. The record date for receipt of dividends was set at April 29, 2002. The dividends will be distributed to shareholders through VPC (the Swedish Securities Register Center) on May 3, 2002.
PurchasePro Announces Contract with Haworth, Inc.
LAS VEGAS, April 24, 2002 (PRIMEZONE) -- PurchasePro (Nasdaq:PPRO) today announced that Haworth, Inc., the world's second largest designer and manufacturer of contract office furniture, has signed a software license agreement for PurchasePro e-Source, the industry's leading strategic sourcing solution and procurement process. While terms of the agreement were not disclosed, PurchasePro said that a typical license agreement comprises a termed or up-front license fee and monthly maintenance and hosting fees.