latest news releases from the newsroom
Kirby McInerney LLP
Kirby McInerney & Squire LLP Announces Class Action Lawsuit Against Peregrine Systems Inc. -- PRGN
NEW YORK, May 24, 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 California on behalf of all investors who purchased or otherwise acquired the common stock of Peregrine Systems Inc. (Nasdaq:PRGN) during the period from July 20, 2000 through May 3, 2002 (the "Class Period"). The action includes claims on behalf of those investors who, during the Class Period, acquired Peregrine stock as a result of Peregrine's acquisitions of Extricity Inc., Remedy Corp. and Loran Technologies.
Novellus, Sigma Designs, Trintech and Oryx Events to be Broadcast by Vcall Over the Internet
RICHMOND, Va., May 24, 2002 (PRIMEZONE) -- Novellus Systems, Inc. (Nasdaq:NVLS), Sigma Designs, Inc. (Nasdaq:SIGM), Trintech Group PLC (Nasdaq:TTPA) and Oryx Technology Corp. (Nasdaq:ORYX) will broadcast their investor communication events over the Internet, Vcall, a Service of WILink announced today.
Kenor: Proposed Offering
OSLO, Norway, May 24, 2002 (PRIMEZONE) -- Kenor ASA's Board of Directors has proposed an equity offering (rights issue and private placements) with gross proceeds of up to approximately NOK 156 million. The offering will be voted upon in the Annual Shareholders Meeting called for Thursday, June 6, 2002.
Effnet: Remium, New sponsor
STOCKHOLM, Sweden, May 24, 2002 (PRIMEZONE) -- Effnet has appointed Remium Securities as the new sponsor for its "Nya Marknaden" quotation. Remium will also be a market maker in Effnet shares. The change becomes effective as from 24 May 2002.
Hannover Re: Interim Report 1/2002; Quarterly Net Income More Than Doubled -- Record Result Forecast for 2002
HANNOVER, Germany, May 24, 2002 (PRIMEZONE) -- At today's Annual General Meeting of Hannover Re in Hannover, Wilhelm Zeller, Chairman of the Executive Board, presented the Group's figures for the first quarter 2002. Net income of EUR 90 million (previous year: EUR 41 million) was generated. This corresponds to earnings per share of EUR 2.78, double the figure for the same quarter in the previous year. Provided that there are no extraordinary developments either in claims or on capital markets, Mr. Zeller expects 2002 to be an outstanding year. He forecasts an operating profit (EBIT) of more than EUR 600 million and net income of EUR 300 million. Not taking special effects into account, this would be the best result in Hannover Re's history.
Ratos Accepts Offer for Esselte
STOCKHOLM, Sweden, May 24, 2002 (PRIMEZONE) -- Ratos, which owns 17% of the share capital and 33% of the voting rights in Esselte, has accepted today's offer from J.W. Childs. The SEK 520m sale increases Ratos's shareholders' equity by SEK 140m.