latest news releases from the newsroom
Tuxis Corporation Declares Quarterly Dividend
NEW YORK, March 3, 2003 (PRIMEZONE) -- A quarterly dividend distribution of $.15 per share for the quarter ending March 31, 2003 was declared today by Tuxis Corporation (AMEX:TUX), payable March 31, 2003 to shareholders of record March 17, 2003. This quarterly dividend distribution, as compared with the December dividend of $.22, reflects the discontinuation of the Company's managed 10% distribution policy by the Board of Directors. As noted in the June 30, 2002 and December 31, 2002 shareholder reports, the quarterly dividend may be further reduced or eliminated.
Bexil Corporation Declares Quarterly Dividend
NEW YORK, March 3, 2003 (PRIMEZONE) -- A quarterly dividend distribution of $.15 per share for the quarter ending March 31, 2003 was declared today by Bexil Corporation (AMEX:BXL), payable March 31, 2003 to shareholders of record March 17, 2003. As announced at the time of the December 2002 dividend declaration of $.20, the Company's managed 8% distribution policy has been discontinued by the Board of Directors. As noted in the June 30, 2002 and December 31, 2002 shareholder reports, the quarterly dividend may be further reduced or eliminated.
Randgold Resources Limited
Randgold Resources Limited ADR Ratio Change
JERSEY, Channel Islands, United Kingdom, March 3, 2003 (PRIMEZONE) -- Randgold Resources Limited (Nasdaq:GOLD) (LSE:RRS) today announces that, effective Monday 10 March, 2003 (the 'effective date'), it will change the current ratio on its ADRs from one (1) ADR equals two (2) Ordinary Shares to one (1) ADR representing one (1) Ordinary Share. The main purpose of the ratio change is to create further liquidity and enhance marketability of the ADRs without diluting current holders.
AB Industrivarden Notice of Annual General Meeting 2003
STOCKHOLM, Sweden, March 3, 2003 (PRIMEZONE) -- This document is a translation of the Swedish original. Shareholders of AB Industrivarden (publ) are hereby invited to attend the Annual General Meeting to be held at 2 p.m. on Wednesday, April 2, 2003, at the Grand Hotel, Vintertradgarden (entrance at the corner of Stallgatan/Blasieholmsgatan), in Stockholm. Coffee will be served before the Meeting.
Petroleum Geo-Services ASA
Petroleum Geo-Services Common Stock and Trust Preferred Securities Quoted on the OTC and Pink Sheets
OLSO, Norway, March 3, 2003 (PRIMEZONE) -- Petroleum Geo-Services ASA (`PGS`) (OSE:PGS) (Other OTC:PGOGY) announced on Wednesday, February 26, 2003, that it was informed by the New York Stock Exchange ('NYSE') that the NYSE was suspending trading of PGS' American Depositary Receipts (ADRs), ticker symbol "PGO", and Trust Preferred Securities, ticker symbol "PGO PrA". The NYSE also indicated that it would commence proceedings with the U.S. Securities and Exchange Commission to delist these securities.
Innovative Coatings Corporation
Innovative Coatings Corporation Introduces New Non-Cracking Ceiling and Interior Wall Coating for Manufactured Housing Industry
ATLANTA, March 3, 2003 (PRIMEZONE) -- Innovative Coatings Corporation (OTCBB:IVGC), a developer, manufacturer, marketer and distributor of unique polymer-based coatings and adhesives for industry, announced today that it has developed a patent-pending finish coating for ceilings and interior walls that eliminates cracks during the construction and movement of manufactured housing units. The Company's highly textured InstaFinish(tm) coating is applied directly to drywall, cures within seconds, is Class A fire rated, and is repairable. The Company expects to market and distribute InstaFinish(tm) through its exclusive agreement with Universal Forest Products, Inc. (Nasdaq:UFPI).