| j_r_ewing - Dienstag, 27. November 2001 - 01:59 |
| wird übernommen (eine Fusion kann man das bei dieser ungleichen Finanzstärke wohl kaum nennen) : 6:56PM Veritas DCG, Petroleum Geo to merge (VTS, PGO) by Shawn Langlois Veritas DCG and Petroleum Geo-Services announced Monday that they would merge in a deal valuing Petroleum Geo at $7.64 a share. The combination will create the second largest company in the geophysical services industry with a market capitalization of approximately $1 billion. "Our combined company will possess the depth of talent and financial strength to pursue exciting new growth opportunities around the world," said Reidar Michaelsen, CEO of PGS, and Dave Robson, CEO of Veritas, in a joint statement. Shares of Veritas DCG (VTS) dipped 20 cents to close at $16.05 while shares of Petroleum Geo-Services (PGO) gained 16 cents to close at $5.46 ahead of the announcement. 6:36PM Veritas DGC Q1 earns 24c per share (VTS) by Nicole Maestri Veritas DGC (VTS) after the closing bell Monday reported first-quarter earnings of $7.6 million, or 24 cents per share, compared with earnings of $5 million, or 18 cents per share in the same quarter a year earlier. Analysts, on average, were expecting first-quarter per-share earnings of 18 cents per share, according to Thomson Financial/First Call. Revenue rose 9.1 percent to $121.4 million compared with the same period a year earlier. "We ended the quarter with a backlog of $243.7 million, representing an increase of $49.8 million over the previous quarter and the highest backlog in three years," said Dave Robson, chairman and CEO, in a statement. Veritas gathers seismic data for oil and gas companies. Ahead of the report, shares closed down 20 cents, or 1.2 percent, at $16.05. |
| mib - Dienstag, 27. November 2001 - 05:47 |
| Sch***!!! Da kann ich meinen Kaufauftrag fuer PGO ja wieder stornieren! So ein Mist!!! :-((( Mib |