latest news releases from the newsroom
Skandia Starts Internet Bank in Switzerland
STOCKHOLM, Sweden, Aug. 9, 2002 (PRIMEZONE) -- Skandia Bank Switzerland today opened for business. The bank is a wholly owned subsidiary of Skandia and is independent from SkandiaBanken, which is established in Sweden, Norway and Denmark.
Capital Research Group, Inc
TheSUBWAY.com Announces Its Morning Stock Focus List for Friday, August 9, 2002: CHKP, YHOO, IDPH, ULTE, DLIA
WESTON, Fla., Aug. 9, 2002 (PRIMEZONE) -- TheSUBWAY.com announces the following Investment Opinions:
Sandvik Receives Order for Tunneling Equipment in Switzerland
STOCKHOLM, Sweden, Aug. 9, 2002 (PRIMEZONE) -- Sandvik Tamrock, within the Sandvik Mining and Construction business area, has received an order for tunneling equipment for a new rail link in the St. Gotthard Tunnel in the Swiss Alps. In total, the order is valued at approximately SEK 150 M.
Extra General Meeting of Stockholders; Aspiro Acquires Picofun AB
STOCKHOLM, Sweden, Aug 9, 2002 (PRIMEZONE) -- In order to strengthen its position as a leading provider of mobile services, Aspiro announces that it is to acquire the Swedish company Picofun AB. Picofun publishes and distributes mobile games and entertainment services. The acquisition complements and expands Aspiro's own range of products by almost 80 attractive mobile applications and more than doubles its customer base of mobile operators.
Teleca: Disclosure Notice
MALMO, Sweden, Aug. 9, 2002 (PRIMEZONE) -- Teleca has on August 8 purchased 204,500 shares in Pronyx AB. Thereafter Teleca owns a total of 532,500 shares which together represent 8.0 percent of the total share capital and votes of Pronyx AB.
Nordea's Pension Commitments
STOCKHOLM, Sweden, Aug. 9, 2002 (PRIMEZONE) -- As part of its standard reporting procedure, Nordea disclosed in its first quarter report 2002 that the fair value of the investments in the Group's pension foundations in aggregate exceeded the Group's pension commitments not recognised in the balance sheet by EUR 127m.