latest news releases from the newsroom
Moody's Downgrades SAS' Credit Rating but Changes Outlook from `Negative' to `Stable'
STOCKHOLM, Sweden, June 23, 2003 (PRIMEZONE) -- The US credit rating institute Moody's Investor's Service has today downgraded SAS's (Other OTC: SASDF) credit worthiness from Ba1 to Ba3 for the company's "senior implied rating," which is a downgrading by two levels for the credit rating. Moody's has also changed the outlook from "negative" to "stable," as a result of the comprehensive improvement measures and support among the trade unions for the measures, strong commitment and follow-up in relation to the measures from management, increased accountability and signs of improved passenger volumes.
Sonoran Energy, Inc.
Sonoran Energy CEO Interviewed on Latest Developments on SmallCapVoice
LOS ANGELES, June 23, 2003 (PRIMEZONE) -- Sonoran Energy, Inc. (OTCBB:SNRN) announced today that an interview with the Company's President and CEO John Punzo is now available on SmallCapVoice.com. The interview covers Sonoran Energy's latest news announcements and features overviews of the recently announced acquisitions, newly discovered reserves, and its operating partner Longbow, LLC. This interview can be accessed through SmallCapVoice.com at http://smallcapvoice.com/snrn/snrn_6_16_03.html.
Medicover buys Capio's Polish laboratory business
STOCKHOLM, June 23, 2003 (PRIMEZONE) -- Medicover has agreed to buy Capio's Polish laboratory business, Nova Medical Polska Sp. z o.o. for a nominal amount. Medicover has operated a succesful laboratory operation in Romania for many years and is now extending this activity in Poland.
Validian Supports NASD Guidance Regarding Instant Messaging
OTTAWA, June 23, 2003 (PRIMEZONE) -- Validian Corporation (OTCBB:VLDI), an international provider of communication security technologies, is pleased to confirm that its Secure Instant Messenger (SIM) system can enable NASD members to comply with the Guidelines regarding Instant Messaging as presented in a recent news release by Mary L. Schapiro, NASD Vice Chairman and President of Regulatory Policy and Oversight. SIM supports NASD record keeping and corporate supervision guidance.
Sapa's Acquisition of 62 per cent in Remi Claeys Finalised
STOCKHOLM, Sweden, June 23, 2003 (PRIMEZONE) -- Sapa (Other OTC:SPKKF)has today acquired 62.41 per cent of Remi Claeys Aluminium NV (RCA) from the Desimpel family and Ortelius (part of the Gevaert group). The acquisition has been approved by relevant competition authorities.
Northrop Grumman Corp.
Northrop Grumman Marks Five Years as ICBM Prime
CLEARFIELD, Utah, and RESTON, Va., June 23, 2003 (PRIMEZONE) -- As Northrop Grumman Corporation (NYSE:NOC) marks five years as prime manager of the nation's Intercontinental Ballistic Missile (ICBM) force, the company is continuing to meet its commitment to ensure the viability of the U.S. nuclear deterrent force through 2020.