latest news releases from the newsroom
Telenor to Acquire 100 Percent of Pannon GSM in Hungary
OSLO, Norway, July 26, 2001 (PRIMEZONE) -- Telenor (Nasdaq:TELN), through its mobile arm Telenor Mobile (TM), has today signed Heads of Terms with the Dutch Telecommunications Company KPN, Finland's Sonera, and Denmark's Tele Danmark Communications (TDC) (NYSE:TLD) to acquire all the shares it does not already own in Hungary's second largest mobile operator, Pannon GSM Rt. (Pannon GSM). Following the completion of transaction, Telenor will increase its holding in Pannon GSM from 25.78 percent to 100 percent.
Brodsky & Smith, LLC
Brodsky & Smith, L.L.C. Announces Class Action Lawsuits Against Airspan Networks, Inc., Eloquent, Inc. and Matrix One, Inc. -- AIRN, ELOQ, MONE
BALA CYNWYD, Pa., July 25, 2001 (PRIMEZONE) -- Brodsky & Smith, L.L.C., of Bala Cynwyd, PA, today announced that class action lawsuits involving the purchase of the below mentioned stocks have been initiated in federal courts across the country alleging violations of the federal and/or state securities laws for the following proposed time period:
Schiffrin Barroway Topaz & Kessler, LLP
Schiffrin & Barroway, LLP Announces Class Periods for Shareholder Lawsuits -- RAYS, INTV, EMEX, CALP
BALA CYNWYD, Pa., July 25, 2001 (PRIMEZONE) -- Schiffrin & Barroway, LLP announced today that it recently filed lawsuits against Sunglass Hut International, InterVoice Brite, Inc., Emex Corporation, and Caliper Technologies Corporation, for violations of the federal securities laws.
Maxwell Technologies Reports Second Quarter Financial Results
SAN DIEGO, July 25, 2001 (PRIMEZONE) -- Maxwell Technologies, Inc. (Nasdaq:MXWL) today reported revenue from continuing operations of $20.5 million for its second quarter ended June 30, 2001. That compares to $27.1 million from continuing operations for the three months ended June 30, 2000. Second quarter loss from continuing operations was $5.3 million, or $0.53 per basic share, before an after-tax gain of $25.4 million, or $2.53 per share, from the sale of the company's Sierra-KD medical electronics business. That compares to a loss of $1.7 million, or $0.17 per share, for the quarter ended June 30, 2000.