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Representative Press Release Headlines

C Appendix to Chapter 3

C.1 Representative Press Release Headlines

Here we provide some examples of typical press release headlines within each news cate-gory. More than one example is given for some categories to achieve higher representa-tiveness.

1. Awards

(a) Company Award

Dell Inc. (DELL) 26-04-2006 12:00:05 Dell Receives Top U.S. Government Award for Workplace Diversity Efforts

Constellation Engy (CEG) 31-03-2006 9:44:40 Baltimore Gas and Electric Company Ranks Highest in the East Region With Business Customers According to the 2006 J.D. Power and Associates Electric Utility Business Customer Satisfaction Study (b) Product Award

Oracle Corp. (ORCL) 07-06-2006 8:02:20 Oracle’s Siebel Universal Customer Master Wins ‘Gold Award’ for Master Data Management in Bloor Research Study

Xerox Corp. (XRX) 13-06-2006 6:00:01 Xerox Imaging and Repository Operations Earn ISO/IEC 27001 Accreditation for Security

2. Corporate Strategy and Profitability (a) Credit News - Negative

Affiliated Computer Services, Inc. (ACS) 20-03-2007 15:49:27 Fitch Places Affiliated Computer Services on Rating Watch Negative on LBO Offer

(b) Credit News - Positive

Gasco Energy Inc. (GSX) 30-03-2006 16:15:27 Gasco Energy Secures Revolving Line of Credit

Autonation Inc. (AN) 03-04-2006 8:47:50 AutoNation, Inc. Receives Lender Com-mitments for $600 Million Term Loan

(c) Exchange Noncompliance

Circuit City Stores, Inc. (CCTYQ) 30-10-2008 16:05:00 Circuit City Stores, Inc.

Receives Notification from NYSE about Non-Compliance with a Continued Listing Standard

(d) Infrastructure - Downsizing

Furniture Brands International, Inc. (FBN) 05-02-2006 16:46:01 Thomasville Furni-ture Industries Announces Closing of Case Goods Manufacturing Facility

PT Centris MultiPersada Pratama Tbk (CMPP) 05-03-2006 9:46:01 Champps En-tertainment Announces Closure of Underperforming Restaurants

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Arapaho Capital Corp. (AHO) 07-06-2006 17:13:53 Ahold intends to divest 46 Tops stores in Northeast Ohio

(e) Infrastructure - Expansion

Verizon Communications Inc. (VZ) 25-04-2006 8:57:07 Verizon Wireless Expands Its Network in Rensselaer County

Centerra Gold Inc. (CG) 29-03-2006 8:30:02 Centerra Gold Continues to Expand Kumtor SB Zone and Adds 1 Million Ounces of Reserves at the Gatsuurt Project (f) Profitability - Declining

Williams-Sonoma, Inc. (WSM) 08-01-2009 06:00:03 Williams-Sonoma, Inc. An-nounces a 22.6% Decrease in 2008 Holiday Revenues

(g) Profitability - Improving

Abercrombie & Fitch Co. (ANF) 12-22-2008 9:30:25 Continues to Grow in Product Offerings, Customer Base and Profitability

3. Customers and Partnerships (a) Customer Loss

America Service Group Inc. (ASGR) 21-08-2006 18:30:25 America Service Group to Terminate Contract with Florida Department of Corrections

(b) Customer Win

Electro Scientific Industries, Inc. (ESIO) 25-04-2006 21:22:01 ESI Receives Follow-on Multi-System Order from Hynix Semiconductor Inc. for Its Model 9830 Semicon-ductor Link Processing System; 9830 Order Furthers ESI’s Momentum in the Asia Market

The Boeing Company (BA) 25-04-2006 5:00:33 Singapore Aircraft Leasing Enterprise Orders 10 More Boeing 737s

(c) New Partnership

Independence Holding Company (IHC) 25-07-2006 16:21:44 Independence Holding Company Announces New Relationship with Carolina Benefit Administrators to Market and Administer Group and Individual Major Medical

Dolby Laboratories, Inc. (DLB) 31-07-2006 8:00:51 Dolby Announces Deal With Infitec GmbH to Provide 3-D Technology for Dolby Digital Cinema; New technology to Provide High-Quality and Flexible Digital 3-D Solution

(d) Reaching a Milestone

Cyberonics, Inc. (CYBX) 05-01-2006 16:01:44 Cyberonics Announces 1,100th Pa-tient Treated With VNS Therapy(tm) for Treatment-Resistant Depression (TRD) Since FDA Approval

4. Financial (a) Dividend

NSC Groupe SA (NSC) 25-04-2006 9:41:49 Norfolk Southern Declares Quarterly Dividend

Holly Energy Partners, L.P. (HEP) 25-04-2006 6:45:29 Holly Energy Partners De-clares Distribution; Increases Quarterly Distribution From $0.625 to $0.64 Per Unit (b) Financial Results - Strong

Kennametal Inc. (KMT) 26-04-2006 7:30:39 Kennametal Reports Strong Third Quarter

(c) Financial Results - Weak

Silicon Motion Technology Corp. (SIMO) 27-04-2006 17:00:43 Silicon Motion Tech-nology Corporation Announces First Quarter Results for the Period Ended March 31, 2006: Market Conditions Contribute to Sequential Weakness but Growth Expected to Pick Up in Q2

(d) Pre-Announcement - Negative

Keynote Systems, Inc. (KEYN) 04-03-2006 7:30:02 Keynote’s Preliminary Second Quarter 2006 Revenue Below Expectations

(e) Pre-Announcement - Positive

OM Group, Inc. (OMG) 25-04-2006 7:01:50 OM Group Increases Outlook for 2006 First Quarter Earnings Per Share

(f) Restatement

Richardson Electronics, Ltd. (RELL) 04-04-2006 19:00:27 Richardson Electronics, Ltd. to Restate its Financial Statements

(g) Secondary Offering: Debt

Dean Foods Company (DF) 05-10-2006 6:30:27 Dean Foods Announces Launch of

$300 Million Senior Notes Public Offering (h) Secondary Offering: Equity

Kimco Realty Corporation (KIM) 30-03-2006 8:01:40 Kimco Announces Offering of 10 Million Shares of Common Stock

(i) Share Buyback

AO Smith Corp. (AOS) 02-20-2007 11:00:00 A. O. Smith Announces Stock Repur-chase Program

(j) Stock Split - Forward

Cascade Financial Corporation (CASB) 25-04-2006 20:00:10 Cascade Financial Cor-poration Declares 5-for-4 Stock Split

(k) Stock Split - Reverse

Idera Pharmaceuticals, Inc. (IDRA) 22-06-2006 9:00:12 Idera Pharmaceuticals to Effect a Reverse Stock Split

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5. Legal

(a) Class Action

Pixelplus Co., Ltd. (PXPL) Shareholder Class Action Filed Against Pixelplus Co., Ltd. by the Law Firm of Schiffrin & Barroway, LLP

(b) Legal Problems

LifePoint Hospitals, Inc. (LPNT) 17-04-2006 14:07:01 Dissident Stockholder Files Suit against LifePoint Hospitals, Inc.

(c) SEC Investigation

One Liberty Properties, Inc. (OLP) 21-06-2006 16:30:01 One Liberty Properties Receives Notification of Formal Investigation from the SEC

(d) Settlement

Freddie Mac (FRE) 18-04-2006 15:53:42 Freddie Mac Settles With Federal Election Commission

6. M&A

(a) Acquisition

Plains Exploration & Production Company (PXP) 24-04-2006 7:58:41 PXP An-nounces Agreement to Acquire Stone Energy and Elimination of 2007 and 2008 Crude Oil Collars

(b) IPO

Stoneridge, Inc. (SRI) 23-10-2007 16:47:00 Stoneridge, Inc. Announces Brazilian Joint Venture IPO Filing

(c) Merger

Gerdau Ameristeel Corporation (GNA) 28-04-2006 16:14:05 Sheffield Steel Announces 53% Shareholder Agreement of Merger With Gerdau

(d) Spinoff

Level 3 Communications, Inc. (LVLT) 20-07-2006 16:19:01 Level 3 Signs Agreement to Sell Software Spectrum Subsidiary for $287 Million

7. Management (a) Addition

Guest-Tek Interactive Entertainment Ltd. (GTK) 25-04-2006 9:03:26 Lottery In-dustry Veteran Connie Laverty Joins GTECH as Senior Vice President and Chief Marketing Officer

(b) Compensation

Duke Energy Corporation (DUK) 04-06-2006 16:05:31 Duke Energy Releases Details of CEO Compensation Package

(c) Promotion

EMCOR Group, Inc. (EME) 04-03-2006 10:32:01 Mark A. Pompa to Succeed Leicle E. Chesser as Chief Financial Officer of EMCOR Group; Mr. Chesser to become Vice Chairman of EMCOR Group, to retire at the end of 2006

(d) Reorganization

PepsiAmericas, Inc. (PAS) 15-05-2006 17:01:05 airforce(R) Nutrisoda(R) Announces New Management Team

(e) Retirement

Safeguard Scientifics, Inc. (SFE) 24-05-2006 11:37:01 Safeguard Scientifics An-nounces Retirement of Directors Anthony L. Craig and Robert Ripp

(f) Termination

Energy Partners, Ltd. (EPL) 19-04-2006 18:07:01 EPL Announces Departure of David Looney as Chief Financial Officer

8. Meetings and Events (a) Company Sponsored

Arrow Electronics, Inc. (ARW) 26-04-2006 17:16:01 Arrow Electronics Works with Technology Suppliers to Facilitate 2006 Open Architecture Seminars

(b) Industry Event

Aspect Medical Systems, Inc. (ASPM) 25-04-2006 9:45:01 Aspect Medical to Web-cast Presentation at Deutsche Bank 31st Annual Health Care Conference on May 2, 2006

(c) Investor Meeting

N S Group Inc. (NSS) 16-06-2006 9:26:01 NS Group to Present at the NIRI Regional Investor Conference in Cincinnati, Ohio; Presentation June 20th

9. Products and Services (a) FDA Approval

General Electric Company (GE) 20-04-2006 9:00:07 U.S. FDA Approves GE Health-care’s Next-Generation Digital Mammography System for Improved Breast Care (b) FDA Investigation

Pharmacyclics, Inc. (PCYC) 05-09-2006 7:30:56 Pharmacyclics to Submit New Drug Application for Xcytrin(R) for Treatment of Lung Cancer Patients With Brain Metastases

(c) FDA Rejection

Cephalon, Inc. (CEPH) 08-09-2006 17:02:18 Cephalon Receives Non-Approvable Letter on SPARLON(TM)

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(d) New Product

Nokia Corporation (NOK) 25-04-2006 5:44:57 Digitally Divine Nokia N73 - the Ul-timate Challenge to the Digital Camera

(e) Patent Award

Assurant, Inc. (AIZ) 28-06-2006 12:50:04 Assurant Awarded Patents for Call Pro-cessing System

(f) Pharmaceutical Approval EU

Biogen Idec Inc. (BIIB) 29-06-2006 2:30:21 TYSABRI(R) Receives Approval in Eu-ropean Union for the Treatment of Relapsing Remitting Forms of Multiple Sclerosis (g) Product Approval

Broadridge Financial Solutions Inc. (BR) 11-10-2008 9:26:51 Broadridge Financial Solutions Receives ISO 27001 Certification for Information Security Management Systems

(h) Product Defect

Johnson & Johnson (JNJ) 31-03-2006 17:08:26 Ortho-Clinical Diagnostics Issues a Voluntary Product Recall for VITROS(R) Immunodiagnostic Products Signal Reagent

(i) Research Failure

Bristol Myers Squibb Co. (BMY) 18-05-2006 14:00:30 Bristol-Myers Squibb An-nounces Discontinuation of Development of Muraglitazar, an Investigational Oral Treatment for Type 2 Diabetes

(j) Research Success

Somaxon Pharmaceuticals, Inc. (SOMX) 04-10-2006 6:01:04 Somaxon Pharmaceu-ticals Announces Positive Phase 3 Results with SILENOR(TM) for the Treatment of Adults with Chronic Insomnia

(k) Updates & Upgrades

Sony Corporation (SNE) 06-01-2006 13:00:28 Sony Strengthens BRAVIA Flat-Panel LCD Line With Full HD Models and 1080p Inputs

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