PR Newswire articles from December 21 2001

PR Newswire archives from December 21 2001

San Juan Basin Royalty Trust Declares No Monthly Cash Distribution.
December 21, 2001... FORT WORTH, Texas -- Bank One, N.A., as Trustee of the San Juan Basin Royalty Trust , today announced that a monthly cash distribution for the record date of December 31, 2001 will not be paid to the holders of the Trust's units of beneficial...

Give Love a Chance, Like Kate & Leopold - Win a Romantic Luxury Rendezvous For Two at The Waldorf=Astoria in New York City.
December 21, 2001... BEVERLY HILLS, Calif. -- Miramax Films' "Kate & Leopold," debuting in theatres December 25, is the story of two strangers in New York City, separated by a hundred years, both hoping to connect with that special someone. From now through...

MP3.com Launches European Division and Fully Localised European Websites; - Sites launched in UK, France, Germany, Spain - MP3.com set to become Europe's leading music portal.
December 21, 2001... PARIS -- Vivendi Universal today announced that its new subsidiary, MP3.com EUROPE, has launched fully localised European music websites as the first step in its plans to become the leading music portal in Europe. Local sites have been...

Ameristar Kansas City Announces New Year's Eve Entertainment.
December 21, 2001... KANSAS CITY, Mo. -- Two dynamic, high-energy bands known as The Atomic Punks, and Lonesome Hank & The Heartaches, will be performing at Ameristar Kansas City (ASCA) on Dec. 31 as part of its New Year's Eve celebration. Recognized by many...

Vsource Announces Strategic Moves; Company Shifts Ventura, Calif. Operations to San Diego; Promotes Key Management.
December 21, 2001... SAN DIEGO -- Vsource, Inc. , a market leader in providing customized Business Process Outsourcing (BPO) and Distribution Services into Asia-Pacific, today announced the move of its corporate headquarters from Ventura, Calif. to San Diego,...

Australia Composite Indexes for December 2001.
December 21, 2001... NEW YORK -- The Conference Board reports today that the leading index for Australia increased 1.3 percent, and the coincident index held steady in October. - With the substantial increase in October, the leading index shows that ...

THE DEEP END and SEXY BEAST Awarded Golden Globe Nominations; Tilda Swinton for Best Actress in a Motion Picture - Drama.
December 21, 2001... Ben Kingsley for Best Supporting Actor in a Motion Picture LOS ANGELES, Dec. 20 /PRNewswire/ -- Fox Searchlight Pictures' THE DEEP END and SEXY BEAST have both been nominated by the Hollywood Foreign Press Association for Golden Globe...

Oil-Dri Announces Plans to Appeal Northern Nevada Cat Litter Processing Facility Project to Next Level; Officials Vow to Continue Fighting for Project.
December 21, 2001... RENO, Nev. -- After a 5-2 denial for a special use permit from Washoe County Planning Commissioners early Wednesday morning, officials from Oil-Dri Corporation of America, the world's largest producer of cat litter, announced today they will...

TAB Products Co. Announces Second Quarter Results.
December 21, 2001... VERNON HILLS, Ill. -- TAB Products Co. today reported revenues of $26.5 million for the second quarter of its fiscal year 2002, a decline of $3.5 million, or 11.6% from the second quarter of fiscal 2001. The Company incurred a net loss of...

ICIA Announces Results of Elections for 2002 Board Positions; Scott Walker of Waveguide Consulting Elected Secretary-Treasurer.
December 21, 2001... FAIRFAX, Va. -- The membership of the International Communications Industries Association(R) (ICIA(R)) has elected Scott Walker, CTS-D, of Waveguide Consulting, Secretary-Treasurer of ICIA's Board of Governors for the 2002 term. Walker is a...

Lifetime Products Files Lawsuit Against Igloo.
December 21, 2001... CLEARFIELD, Utah -- Lifetime Products Inc., a worldwide leader in the folding table market, announced that it has filed a lawsuit against Igloo Products Corporation in the Federal District Court in Salt Lake City, Utah. The lawsuit alleges...

California Children's Hospital Association Applauds Congress For $285 Million Appropriation for Children's Teaching Hospitals.
December 21, 2001... SAN DIEGO -- In a show of bipartisan unity and support for children's health, Congress passed today the FY 2002 Labor/HHS Appropriations Bill providing $285 million for independent children's teaching hospitals. "Today, Congress has...

Weiss & Yourman Announces Shareholder Class Action Filed Against Brightpoint, Inc.
December 21, 2001... LOS ANGELES -- The following was announced today by Weiss & Yourman: A class action lawsuit was filed in the United States District Court for the Southern District of Indiana on behalf of purchasers of Brightpoint, Inc. ("Brightpoint")...

Brian Westbrook Wins the 2001 Walter Payton Award.
December 21, 2001... CHATTANOOGA, Tenn. -- Villanova running back Brian Westbrook was named the 15th winner of the Walter Payton Award tonight at the Division I-AA College Football Awards held in Chattanooga, TN on the eve of the I-AA national championship game....

ACLARA Announces Management and Board Changes; Alfred Merriweather Appointed CFO; Herbert Hooper Elected to the Board Of Directors.
December 21, 2001... MOUNTAIN VIEW, Calif. -- ACLARA BioSciences, Inc. today announced changes to its management team and Board of Directors. Alfred G. Merriweather has joined the company as Chief Financial Officer and Herbert Hooper, Ph.D. has been elected to...

Sun Life Financial set to launch insurance operations in China; First foreign joint venture life insurance company to operate in Tianjin.
December 21, 2001... TORONTO -- Sun Life Financial Services of Canada Inc. (NYSE, TSE: "SLC") today announced that it expects to launch its life insurance operations in China early next year with its joint venture partner, China Everbright Group Limited. The China...

Inflazyme Announces Warrant Exercise.
December 21, 2001... RICHMOND, BC -- Inflazyme Pharmaceuticals Ltd. announced that existing shareholders have exercised all outstanding warrants, resulting in the issuance of 795,736 common shares. 623,780 common shares were issued for cash proceeds of...

Statement from Asia Global Crossing.
December 21, 2001... HAMILTON, Bermuda -- Asia Global Crossing Ltd. announced today that it had made a request for funding under the $400 million subordinated line of credit from Global Crossing Ltd. The requested funding was not provided within the time set...

eMachines, Inc. and EM Holdings, Inc. Announce Court Order Removing Temporary Restraining Order.
December 21, 2001... IRVINE, Calif. -- Earlier today, the court in the matter of David Packard, on behalf of himself and all other similarly situated, v. eMachines, Inc. granted an order withdrawing and vacating the temporary restraining order previously issued...

AvalonBay Communities Announces Financial Outlook.
December 21, 2001... ALEXANDRIA, Va. -- AvalonBay Communities, Inc. announced today its financial outlook for the fourth quarter and full year 2001 and first quarter and full year 2002. The financial outlook is available via the Company's website and through...

DCH Hydrogen Sensor System Validated for Military Applications.
December 21, 2001... VALENCIA, Calif. -- DCH Technology, Inc. , a manufacturer of hydrogen sensors and hydrogen fuel cells and provider of hydrogen safety services, announced that the DCH H2SCAN(TM) Sensor System that utilizes the DCH Robust Hydrogen Sensor(TM)...

Researchers Identify Key Factor in Hair Loss Disorder.
December 21, 2001... HAIFA, Israel and NEW YORK -- Researchers at the Technion-Israel Institute of Technology have identified a key factor in the cause of alopecia areata, a hair loss disorder that often strikes children. Their study, published in the Journal of...

Nasdaq Delists Vsource Common Stock.
December 21, 2001... SAN DIEGO -- Vsource, Inc. (BULLETIN BOARD: VSRC) ("Vsource") today announced that on December 20, 2001, it received a notice from the Nasdaq Stock Market, Inc. ("Nasdaq") notifying the company that its securities would be delisted from The...

Newmont Dispatches Its Bidder's Statement for Normandy; Takeovers Panel Declines AngloGold Appeal.
December 21, 2001... SYDNEY, Australia, Dec. 21, and DENVER -- Newmont Mining Corporation today announced that it has completed dispatch of its Bidder's Statement in connection with its offer to acquire the shares of Normandy Mining Limited . Under Newmont's...

American Restaurant Group, Inc. Announces New Credit Facility.
December 21, 2001... LOS ALTOS, Calif. -- American Restaurant Group, Inc. announced that it and its subsidiaries (collectively, the "Companies") entered into a Loan Agreement effective December 17, 2001 with Foothill Capital Corporation under which the Companies...

Galen Submits New Drug Application for Intravaginal Ring to U.S. Food and Drug Administration.
December 21, 2001... CRAIGAVON, Northern Ireland and ROCKAWAY, N.J. -- Galen Holdings PLC , today announced that it has completed the submission of its New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for its intravaginal ring estrogen...

Newmont Dispatches Its Bidder's Statement for Normandy; Takeovers Panel Declines AngloGold Appeal.
December 21, 2001... SYDNEY, Australia, Dec. 21, and DENVER -- Newmont Mining Corporation today announced that it has completed dispatch of its Bidder's Statement in connection with its offer to acquire the shares of Normandy Mining Limited . Under Newmont's...

Marconi plc Sells Its 50% Shareholding in General Domestic Appliances Holdings Limited for 121 Million British Pounds Sterling.
December 21, 2001... LONDON -- Marconi plc today announced that it has reached agreement to sell its 50 per cent shareholding in General Domestic Appliances Holdings Limited (GDA) to Merloni Elettrodomestici SpA (Milan: MERI), for a cash consideration of EURO 195...

Palm to Appeal Ruling on Xerox Case.
December 21, 2001... SANTA CLARA, Calif. -- Palm, Inc. today announced that it will appeal the decision of the U.S. District Court for the Western District of New York issued Dec. 20. The decision held that Palm's Graffiti(R) handwriting-recognition technology...

Zacks.com Featured Expert Issues Recommendations On: ADP, MYL, STR, SDS, SCOR, WAT, and WCOM.
December 21, 2001... CHICAGO -- As the 2nd down year in a row comes to a close, many investors are asking themselves where to go from here. Today, Rich Moroney, editor of Dow Theory Forecasts which has outpaced the S&P 500 by 43% since 1994, applies his unique...

Zacks All-Star Analyst Issues Recommendations for 3 Stocks: IBM, DELL, and UIS.
December 21, 2001... CHICAGO -- Wendy Abramowitz has managed to generate 41% returns YTD in the turbulent and perhaps over-valued tech sector. Today she highlights a few of her favorite tech stocks for the New Year: IBM , DELL , and Unisys Corp. . For the complete...

HCA, Labor Department Announce $10 Million Training Program; Scholarships Train Workers Displaced Since Sept. 11 Attacks in Health Care Careers.
December 21, 2001... NASHVILLE, Tenn. -- Assistant Secretary for the Employment and Training Administration, Emily Stover DeRocco, and Jack Bovender, president and CEO of HCA, today announced the creation of a $10 million partnership that will train and employ...

FTSE/Xinhua China 25 Index Closes at 4,509.68, Down -76.10 (-1.66%).
December 21, 2001... SHANGHAI, China -- The closing price for the FTSE/Xinhua China 25 Index for Friday, December 21, 2001 was 4,509.68. This was down -1.66 percent from the previous day's close. The FTSE/Xinhua China 25 Index closed down on heavy losses in...

Associated Automotive Group, Inc. to Acquire C&K Auto Imports, Inc. - C&K Expects to Record $24 Million in 2001 Revenues and Vertically Integrate AAGI's Sales Channel -.
December 21, 2001... FORT LAUDERDALE, Fla. -- Uniservice Corporation announced today that its pending acquisition candidate, Associated Automotive Group, Inc. ("AAGI"), has entered into an agreement in principle to acquire C&K Auto Imports, Inc. ("C&K") in a...

PR Newswire Photo Advisory for Friday, December 21, 2001 at 6 a.m. EDT.
December 21, 2001... PRNewsFotos are available to the news media at no charge. High-resolution images can be downloaded from NewsCom Online (http://www.newscom.com/) or AP Photo Archive (http://photoarchive.ap.org/). PRNewsFotos are also distributed via the AP...

Turkcell Announces New Chief Executive Officer.
December 21, 2001... ISTANBUL, Turkey -- Turkcell , the Board of Directors of Turkcell Iletisim Hizmetleri A.S. has appointed Muzaffer Akpinar as the Company's new CEO starting from January 1, 2002. Mr. Akpinar replaces Cuneyt Turktan who will serve on the Board...

Resolutions You Really Can Keep for a Healthier, Safer, Happier 2002; What Doctors and Health Care Specialists Are Saying.
December 21, 2001... MARSHFIELD, Wis. -- Tired of making New Year's resolutions you know you'll never keep? Here are ten surprising suggestions from the doctors and health care providers at the Marshfield Clinic system, one of the largest research, education and...

Panera Bread Reports System-Wide Comparable Bakery-Cafe Sales Increased 5.7% For the Four Weeks Ended December 1, 2001.
December 21, 2001... ST. LOUIS -- Panera Bread Company today reported that system-wide comparable bakery-cafe sales increased 5.7% for the four weeks ended December 1, 2001. System-wide comparable bakery-cafe sales for the quarter-to-date period (eight weeks ended...

Multinet International, Inc., Initiates Stock Buy-Back Program.
December 21, 2001... MEMPHIS, Tenn. -- Multinet International, Inc. (BULLETIN BOARD: MNIL) announces today that it is initiating a stock buy- back program effective Jan. 2, 2002 and lasting through March 31, 2002. The program will repurchase up to 1.5 million...

William G. Walter Elected Chairman of FMC Corporation.
December 21, 2001... PHILADELPHIA -- FMC Corporation today announced that William G. Walter, president and chief executive officer, has been elected chairman of the board, effective with the final distribution of the remaining shares of FMC Technologies, Inc....

Books - The Best Gift Children's Aid Society of Pennsylvania Gives Holiday Gift of 500 New Books To Duckrey School.
December 21, 2001... PHILADELPHIA -- Children's Aid Society of Pennsylvania (CAS of PA), an innovative leader in preventive social services to at-risk children in our community since 1882, is giving a special present to every student at The Duckrey School in North...

Wisconsin Energy Reports 2001 Earnings Forecast; Reaffirms 2002 Guidance; Record Breaking Fall and Winter Weather.
December 21, 2001... MILWAUKEE -- Wisconsin Energy Corp. announced today that it is lowering its 2001 earnings per share forecast to a range of $1.90 to $2.00 based on the unfavorable impact of the mild fall and winter weather on the heating revenues of its...

Digital Mayhem Ships Giants: Citizen Kabuto; Unique Action Game Offers Humorous Adventure for PlayStation(R)2 Owners.
December 21, 2001... IRVINE, Calif. -- Digital Mayhem, a division of Interplay Entertainment Corp. , announced today that the highly anticipated game Giants(TM): Citizen Kabuto(TM) has shipped to retail for the PlayStation(R)2 computer entertainment system....

CKE Restaurants, Inc. and Santa Barbara Restaurant Group, Inc. Announce the Signing of a Merger Agreement for CKE Restaurants To Acquire Santa Barbara Restaurant Group.
December 21, 2001... SANTA BARBARA, Calif. -- CKE Restaurants, Inc. ("CKE" or "CKE Restaurants") , and Santa Barbara Restaurant Group, Inc. ("SBRG" or "Santa Barbara Restaurant Group") , today announced that they have executed the definitive merger agreement by...

IDT United, Inc. Announces Tender Offer and Consent Solicitation For 10 3/4% Senior Secured Discount Notes of UnitedGlobalCom, Inc.
December 21, 2001... ENGLEWOOD, Colo. -- IDT United, Inc., a corporation formed by IDT Venture Capital Corporation and Liberty UGC Bonds, Inc., a wholly-owned subsidiary of Liberty Media Corporation , today announced that it is commencing a cash tender offer for...

Tender Offer and Consent Solicitation Announced for United's 10.75% Senior Secured Discount Notes.
December 21, 2001... DENVER -- IDT United, Inc., a corporation formed by IDT Venture Capital Corporation and Liberty UGC Bonds, Inc., a wholly-owned subsidiary of Liberty Media Corporation ("Liberty") , today announced that it is commencing a cash tender offer for...

ArQule Announces Strategic Alliance With Pfizer.
December 21, 2001... WOBURN, Mass. -- ArQule, Inc. today announced a significant expansion and extension to its strategic alliance with Pfizer Inc. , originally established in 1999. This alliance, assuming no early termination, extends the strategic relationship...

Arkansas Blue Cross Blue Shield Adopts HPV Testing Policies; Over 30 BCBS Plans With 55+ Million Members Now Offer HPV Testing.
December 21, 2001... GAITHERSBURG, Md. -- Digene Corporation today announced that Arkansas Blue Cross Blue Shield has instituted and approved a formal coverage policy to include testing for human papillomavirus (HPV), using Digene's Hybrid Capture(R) 2 HPV DNA...

Curon Medical Submits 510(K) Application For Secca System.
December 21, 2001... SUNNYVALE, Calif. -- Curon Medical, Inc. today announced that it has submitted a 510(K) application to the U.S Food and Drug Administration (FDA) for clearance to market its Secca System(TM) for the treatment of fecal incontinence. The Secca...

SkyePharma Withdraws Bioglan Termination Notice for Solaraze.
December 21, 2001... LONDON -- SkyePharma PLC today announces the withdrawal of its 20 November 2001 notice to terminate all agreements with Bioglan Pharma PLC concerning the product Solaraze for marketing in Europe, USA, Canada and Mexico. Bioglan has agreed to...

Orchid Expects to Exceed Fourth Quarter Revenue Forecasts.
December 21, 2001... PRINCETON, N.J. -- Orchid BioSciences, Inc. today announced that it expects to exceed the consensus analyst revenue estimate for the fourth quarter ending December 31, 2001. Orchid will announce its fourth quarter and 2001 year-end financial...

"Jimmy Neutron: Boy Genius" Opening Today, Kept On Schedule With FileMaker Pro.
December 21, 2001... SANTA CLARA, Calif. -- Assembling a feature-length animated film is a complicated job. Every individual scene is the product of many -- animators, background artists, technicians -- and all those individual elements have to fit together...

EuroTrust Merges Digiweb With DHT Hosting to Create EuroTrust Secure Hosting; As One of Denmark's Largest Web Hosting Centers, EuroTrust Secure Hosting Is Cash Flow Positive and a Cost Efficient, Automated Hosting Center.
December 21, 2001... COPENHAGEN, Denmark -- EuroTrust A/S (Nasdaq ADS: EURO) today announced it has merged its secure Web hosting company, Digiweb, with DHT Hosting ApS, a Denmark-based state-of the-art, automated hosting company. The combined entities will be...

Holiday Spirit Again Unites Jewish and Catholic Volunteers; Special Volunteer Opportunities For Teens.
December 21, 2001... CHICAGO -- In what has become an annual interfaith tradition, the Jewish United Fund/Jewish Federation of Metropolitan Chicago (JUF) is working together with Catholic Charities of the Archdiocese of Chicago to make the winter holidays brighter...

Akorn, Inc. Announces Financing Agreement with a Biotechnology Company to Complete Lyophilization Facility.
December 21, 2001... BUFFALO GROVE, Ill. -- Akorn, Inc. today announced that it had arranged financing to complete its state of the art lyophilization facility located in Decatur, Illinois. The financing is being provided by NeoPharm, Inc. , which has promising...

Lindsay Manufacturing Co. Reports Fiscal 2002 First Quarter Results.
December 21, 2001... OMAHA, Neb. -- Lindsay Manufacturing Co. , a leading manufacturer of center pivot, lateral move, and hose reel irrigation systems, today reported results for its fiscal first quarter ended November 30, 2001. Revenues of $28.5 million declined...

Curtiss-Wright Completes Sale of Wood-Ridge Industrial Park.
December 21, 2001... LYNDHURST, N.J. -- Curtiss-Wright Corporation announced that it has completed the sale of its Wood-Ridge Business Complex to Wood-Ridge Industrial Property Owner LLC, who will continue operating the business complex as a rental property to...

La Quinta Announces Shareholder Approval of Restructuring.
December 21, 2001... DALLAS -- The La Quinta Companies ("La Quinta" or "the Companies") announced today that the Companies' shareholders approved the restructuring of La Quinta Corporation and La Quinta Properties, Inc. at special meetings of shareholders held...

Journee Software Closes $10 Million in Venture Funding; Led By New York-Based StarVest Partners, Investors Endorse Company's Vision And Leadership in Customer Data Integration.
December 21, 2001... AUSTIN, Texas -- Journee Software, a leading provider of data integration and management solutions for the customer relationship management (CRM) market, today announced that it has secured $10 million in additional funding. StarVest Partners,...

Joseph H. Netherland Elected Chairman of FMC Technologies, Inc.
December 21, 2001... CHICAGO and HOUSTON -- FMC Technologies, Inc. announced today that Joseph H. Netherland, President and Chief Executive Officer, has also been elected Chairman of the Board, effective with the final distribution of the remaining shares of FMC...

Integral Systems to Acquire Newpoint Technologies; Company is an Industry Leader in Equipment Monitoring and Control.
December 21, 2001... LANHAM, Md. -- Integral Systems, Inc. today announced that it has signed an agreement to acquire Newpoint Technologies, Inc. of Salem, New Hampshire in an all-cash deal, subject to the approval of Newpoint's shareholders. The company, which...

New Products, Dealer Initiatives from Spartan Motors are a Hit at RVIA.
December 21, 2001... CHARLOTTE, Mich. -- Motorhome manufacturers and retailers responded with applause -- and orders -- for the new products and new technology introduced by Spartan Motors, Inc. during the recreational vehicle industry's largest trade show in...

Business in Asia Today -- Dec. 21, 2001.
December 21, 2001... SYDNEY, Australia -- A summary prepared by Asia Pulse (http://www.asiapulse.com/), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities: NEW ASIA-PACIFIC CABLE NETWORK LAUNCHED SINGAPORE -...

OM Group, Inc. Acquires Rhodia Metal Organics Division.
December 21, 2001... CLEVELAND -- OM Group, Inc. has acquired the metal organics division of Rhodia, a leading international chemical company, effective December 21, 2001. The acquisition encompasses Rhodia's Metal Organics businesses and includes two...

Finkelstein, Thompson & Loughran Announces Filing of a Class Action Complaint Against StarMedia Network, Inc.
December 21, 2001... WASHINGTON -- The law firm of Finkelstein, Thompson & Loughran announces that a class action lawsuit was filed on December 12, 2001, on behalf of purchasers of the securities of StarMedia Network Inc. ("StarMedia" or the "Company") between...

Finkelstein, Thompson & Loughran Announces Filing of a Class Action Complaint Against Xpedior Inc.'s Initial Public Offering Underwriters.
December 21, 2001... WASHINGTON -- Finkelstein, Thompson & Loughran filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of purchasers of the securities of Xpedior, Inc., ("Company") against Bear, Stearns...

Champion Announces 2001 Year End and Fourth Quarter Results.
December 21, 2001... HUNTINGTON, W.Va. -- Champion Industries, Inc. today announced net income for the year and quarter ended October 31, 2001. The Company reported net income of $847,000 for the quarter ended October 31, 2001 compared with net income of $465,000...

Guilford Mills Announces Non-Compliance With NYSE Listing Standards.
December 21, 2001... GREENSBORO, N.C. -- Guilford Mills, Inc. today announced that the New York Stock Exchange (the "NYSE") has informed the Company that the Company is not in compliance with certain NYSE continued listing standards. Specifically, the average...

Datastream Systems Issues Statement In Response To MRO Software Unsolicited Proposal.
December 21, 2001... GREENVILLE, S.C. -- Datastream Systems, Inc. today announced that it had responded to MRO Software, Inc. in a letter dated December 21, 2001, regarding MRO Software's unsolicited offer to purchase Datastream Systems, Inc. As noted in its...

Countrywide Credit Industries, Inc. Reports 59 Percent Increase in Third Quarter EPS, Establishes Production and Servicing Milestones, And Declares Cash Dividend.
December 21, 2001... CALABASAS, Calif. -- Countrywide Credit Industries, Inc. , a diversified financial services provider, announced today that unaudited net earnings for the third fiscal quarter ended November 30, 2001 were $161 million, a 69 percent increase...

Bentley Motors Reveals State Limousine Model Built Exclusively for Queen Elizabeth.
December 21, 2001... AUBURN HILLS, Mich. -- Bentley Motors today unveiled the first photos of the Bentley State Limousine, which will be presented as a gift to Her Majesty Queen Elizabeth in 2002 to celebrate her Golden Jubilee. This is the first Bentley ever to be...

Northrop Grumman to Receive $440 Million in Settlement; Honeywell Agrees to Pay in 11-Year-Old Antitrust and Patent Infringement Suits.
December 21, 2001... LOS ANGELES -- Northrop Grumman Corporation today announced that it has reached a settlement agreement in antitrust and patent infringement lawsuits filed against Honeywell, Inc. . Under the agreement Honeywell has agreed to pay Northrop...

A.C.L.N. Limited Ships Approximately 18,000 Vehicles in October and November.
December 21, 2001... LOS ANGELES -- A.C.L.N. Limited , a leader in the logistics of pre-owned automobiles and trucks, announced today that the Company shipped approximately 18,000 pre-owned automobiles and trucks in the first two months of the fourth quarter....

GenSci Files for Corporate Reorganization.
December 21, 2001... IRVINE, Calif. and TORONTO -- GenSci Regeneration Sciences Inc. and its subsidiary, GenSci OrthoBiologics, Inc., announced the filing for protection under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court in Santa...

TaylorMade-adidas Golf to License and Distribute Maxfli and Slazenger Golf Products.
December 21, 2001... CARLSBAD, Calif. -- TaylorMade-adidas Golf, the golf business unit of adidas-Salomon AG, and Dunlop Slazenger Group Limited, the sporting goods manufacturer and owner of the Maxfli and Slazenger golf brands, announced an exclusive license and...

Viatronix Introduces V3D-Calcium Scoring for Early Detection of Heart Disease.
December 21, 2001... STONY BROOK, N.Y. -- Viatronix, Inc. a developer of 3D medical imaging software, announced today that it has received FDA 510K permission to market its V3D-Calcium Scoring software. V3D-Calcium Scoring is an advanced diagnostic tool, which...

BioSpecifics Third Quarter: Revenues $794,000, Net Loss $546,000 Progress On Production Facility.
December 21, 2001... LYNBROOK, N.Y. -- BioSpecifics Technologies Corp. reported revenues for the third quarter ended October 31, 2001 of $794,000 and a net loss of ($546,000) or ($0.12) per share versus revenues of $573,000 and net loss of ($764,000) or ($0.17)...

Celgene Corporation Files Universal Shelf Registration Statement.
December 21, 2001... WARREN, N.J. -- Celgene Corporation announced today that it has filed a universal shelf registration on Form S-3 with the Securities and Exchange Commission. The registration, when declared effective, will allow Celgene to offer and sell...

Logitech Announces Nasdaq Symbol Change to LOGI.
December 21, 2001... FREMONT, Calif. -- Logitech (Nasdaq: LOGIY; Switzerland: LOGN, LOGZ) announced that effective January 2, 2002, its stock symbol used for its listing on Nasdaq will change to LOGI from the previous LOGIY. About Logitech: Founded in 1981,...

LSI Logic Receives Brocade Fabric Aware Certification for Enterprise SAN Interoperability; LSI Logic Fibre Channel HBA Demonstrates Interoperability in Heterogeneous Brocade-Based Fibre Channel Storage Area Network Environments.
December 21, 2001... MILPITAS, Calif. -- LSI Logic Corporation announced today that the LSI44929O Host Bus Adapter (HBA) has been verified by Brocade Communications Systems, Inc. as interoperable with Brocade-based Storage Area Networking (SAN) infrastructures....

Tut Systems to Announce Q4 Earnings; Thursday, January 31, 2002 1:00 p.m. Pacific.
December 21, 2001... Who: Tut Systems , a leading provider of next-generation, full-service VDSL systems optimized for provisioning broadband services within neighborhood and multi-tenant unit properties What: Tut Systems will announce...

Granite Construction Awarded $44.8 Million Highway Contract in North Carolina.
December 21, 2001... WATSONVILLE, Calif. -- Granite Construction Incorporated announced today that Granite Construction Company, a wholly-owned subsidiary, has been awarded a $44.8 million contract by the North Carolina Department of Transportation for the...

Avista Receives Approval for Accounting Petition From Washington Regulators; Company Retains Ability to Defer Certain Power Supply Costs Through Conclusion of General Rate Case.
December 21, 2001... SPOKANE, Wash. -- Avista Corp. has received approval from the Washington Utilities and Transportation Commission (WUTC) for a temporary accounting mechanism that will allow the company to continue to defer certain power supply costs. The...

Horizon Financial Corp. Declares $.12 Cash Dividend.
December 21, 2001... BELLINGHAM, Wash. -- Horizon Financial Corp. , the parent of Horizon Bank, announced its Board of Directors declared yesterday a $.12 per share quarterly cash dividend to be paid February 1, 2002 to shareholders of record on January 8, 2002....