latest news releases from the newsroom
FTS Wireless, Inc.
FTS Turns Cash-Flow Positive for first time in its History
LEVITTOWN, Pa., Oct. 21, 2004 (PRIMEZONE) -- FTS Wireless, Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB:FLIP), an operator of retail wireless locations that market and sell next generation wireless and VoIP products, and services and operate Wi-Fi Hot Spots today announced plans to develop a suite of proprietary wireless applications and that the company has turned cash-flow positive for the first time ever.
First Horizon National Corporation
FHN Reports Financial Results for Third Quarter 2004
MEMPHIS, Oct. 21, 2004 (PRIMEZONE) -- First Horizon National Corporation (NYSE:FHN) announced earnings for third quarter 2004 of $113.6 million, or $.89 diluted earnings per share compared to earnings of $118.3 million, or $.91 diluted earnings per share for third quarter 2003. For the nine months ended September 30, 2004, earnings were $351.3 million, or $2.73 diluted earnings per share compared to $355.7 million, or $2.72 diluted earnings per share for 2003.
Boliden's EUR 840 Million Refinancing Oversubscribed
STOCKHOLM, Sweden, Oct. 21, 2004 (PRIMEZONE) -- Boliden has successfully refinanced the company's bank loans of EUR 840 million. The new loan agreement has a five-year term and replaces Boliden's previous bank agreement, which was signed in conjunction with the company's restructuring in 2001. The new loan agreement involves a normalisation of terms and conditions and will also enable a future dividend to be paid to shareholders.