latest news releases from the newsroom
Harsco Sets Third Quarter Sales and Earnings Records
HARRISBURG, Pa., Oct. 21, 2004 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) today reported record diluted earnings per share from continuing operations of $0.74 in the third quarter of 2004, compared with $0.57 in the third quarter of 2003, an increase of 30 percent. Income from continuing operations was a record $30.7 million, compared with $23.4 million last year, an increase of 31 percent. Third quarter sales totaled $617 million, also a record, and up 16 percent from sales of $530 million in the same period last year. Positive foreign currency translation contributed $24 million to this year's third quarter sales and $0.7 million to pre-tax income.
USA Video Interactive Corporate
USVO Forms Partnership With Lightning Media And iO Film; New Total Solutions Package Will Be Showcased At AFM
OLD LYME, Conn., Oct. 21, 2004 (PRIMEZONE) -- USA Video Interactive Corp. (OTCBB:USVO); (TSX Venture Exchange:US); (BSE/Frankfurt:USF); (http://www.usvo.com), Lightning Media, and iO Film have joined forces in a unique partnership combining extensive post-production and digital intermediate services with powerful anti-piracy security protection. The new venture provides a streamlined, comprehensive solution for independent filmmakers to manage their projects, and will be introduced by the three companies in a shared exhibit space at the American Film Market in Santa Monica, CA, November 3 -- 10.
Occidental Petroleum Corp.
Occidental Petroleum Announces Record Third Quarter 2004 Results
LOS ANGELES, Oct. 21, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced record net income for the third quarter 2004 of $758 million ($1.91 per share), compared with $446 million ($1.16 per share) for the third quarter 2003. Earnings of $1.83 billion ($4.63 per share) for the first nine months of 2004 were 55 percent higher than the $1.15 billion ($2.99 per share) the company earned in the comparable period last year.
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.