Foster Wheeler Announces Updated Trading Symbol For Its Warrants
03 6월 2005 - 8:51PM
Business Wire
Foster Wheeler Ltd. (Nasdaq: FWLT) announced today that the NASDAQ
Stock Market has revised the NASDAQ trading symbols for Foster
Wheeler's Class A and Class B Common Stock Purchase Warrants to
FWLTW and FWLTZ, respectively. The Company's Common Shares will
trade under the symbol FWLT as originally announced. Foster Wheeler
will begin trading on the NASDAQ Stock Market on June 3, 2005.
Notes to Editor: 1. NASDAQ is a registered trademark of The Nasdaq
Stock Market, Inc. and is the largest electronic screen-based
equity securities market in the United States. With approximately
3,300 companies, it lists more companies and, on average, trades
more shares per day than any other U.S. market. It is home to
companies that are leaders across all areas of business including
technology, retail, communications, financial services,
transportation, media and biotechnology. NASDAQ is the primary
market for trading NASDAQ-listed stocks. For more information about
NASDAQ, visit the NASDAQ Web site at www.nasdaq.com or the NASDAQ
Newsroom at www.nasdaq.com/newsroom/. 2. Foster Wheeler Ltd. is a
global company offering, through its subsidiaries, a broad range of
design, engineering, construction, manufacturing, project
development and management, research and plant operation services.
Foster Wheeler serves the refining, upstream oil and gas, LNG and
gas-to-liquids, petrochemicals, chemicals, power, pharmaceuticals,
biotechnology and healthcare industries. The corporation is based
in Hamilton, Bermuda, and its operational headquarters are in
Clinton, New Jersey, USA. For more information about Foster
Wheeler, visit our Web site at http://www.fwc.com. 3. Safe Harbor
Statement This news release contains forward-looking statements
that are based on management's assumptions, expectations and
projections about the Company and the various industries within
which the Company operates. These include statements regarding our
expectations regarding revenues (including as expressed by our
backlog), liquidity, the outcome of litigation and legal
proceedings and recoveries from customers for claims and the costs
of current and future asbestos claims and the amount and timing of
related insurance recoveries. Such forward-looking statements by
their nature involve a degree of risk and uncertainty. The Company
cautions that a variety of factors, including but not limited to
the factors described under the heading "Business--Risk Factors of
the Business" in the Company's most recent annual report on Form
10-K/A and the following, could cause the Company's business
conditions and results to differ materially from what is contained
in forward-looking statements: changes in the rate of economic
growth in the United States and other major international
economies, changes in investment by the power, oil and gas,
pharmaceutical, chemical/petrochemical and environmental
industries, changes in the financial condition of customers,
changes in regulatory environment, changes in project design or
schedules, contract cancellations, changes in estimates made by the
Company of costs to complete projects, changes in trade, monetary
and fiscal policies worldwide, currency fluctuations, war and/or
terrorist attacks on facilities either owned or where equipment or
services are or may be provided, outcomes of pending and future
litigation, including litigation regarding our liability for
damages and insurance coverage for asbestos exposure, protection
and validity of patents and other intellectual property rights,
increasing competition by foreign and domestic companies,
compliance with debt covenants, recoverability of claims against
customers and others, changes in estimates used in critical
accounting policies. Other factors and assumptions not identified
above were also involved in the formation of these forward-looking
statements and the failure of such other assumptions to be
realized, as well as other factors, may also cause actual results
to differ materially from those projected. Most of these factors
are difficult to predict accurately and are generally beyond our
control. You should consider the areas of risk described above in
connection with any forward-looking statements that may be made by
us.
Foster Wheeler (NASDAQ:FWLTZ)
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Foster Wheeler (NASDAQ:FWLTZ)
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