latest news releases from the newsroom
NEON Communications Group, Inc.
Globix Corporation Reports Third Fiscal Quarter 2003 Results
NEW YORK, August 22, 2003 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX) today reported financial results for its third quarter of fiscal year 2003, which ended June 30, 2003, citing continued progress in its post-restructuring period. The company also announced that it had repurchased an additional $2.7 million of its outstanding 11% Senior Notes during the quarter.
Frontline Ltd. -- Capital adjustments
HAMILTON, Bermuda, August 22, 2003 (PRIMEZONE) -- Employees of Frontline (NYSE:FRO) have exercised options to acquire a total of 3,999 shares in Frontline. All shares have been acquired at a strike price of USD 9.70 per share. Total proceeds were USD 38,790.30.
Further restructuring at Akzo Nobel Polymer Chemicals
ARNHEM, Netherlands, August 22, 2003 (PRIMEZONE) -- Akzo Nobel Polymer Chemicals (Other OTC:AKZOF) (Nasdaq:AKZOY) has announced further restructuring plans to improve its performance. In March 2003 a number of cost savings measures were taken which, however, have failed to improve performance sufficiently.
Lansforsakringar Bank joins BankID
STOCKHOLM, Sweden, August 22, 2003 (PRIMEZONE) -- Lansforsakringar Bank is acquiring 10 percent of the share capital in Finansiell ID-Teknik BID AB, owner and administrator of BankID. In the beginning of 2004, Lansforsakringar Bank's customers will be able to order BankID electronically through Lansforsakringar's Internet bank. The ID functions as identification and is an electronic signature.