TOMMY HILFIGER ENDS SPECULATION ON POSSIBLE SALE
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Tommy Hilfiger Corp says it is not for sale, setting off 9 percent decline in its stock price (S)
Toistetaan torstaina 8. toukokuuta 2003
8. toukokuuta 2003 oli torstaina tähtimerkin ♉ alla. Se oli 127 päivä vuodesta. Yhdysvaltain presidentti oli George W. Bush.
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8th of May 2003 News
Uutiset sellaisena kuin ne ilmestyivät New York Timesin etusivulle 8. toukokuuta 2003
CLOROX PROFIT IS UP BUT IT FORESEES HIGHER EXPENSES
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Clorox Co says net income rose to $110 million in third quarter ended March 31 from $46 million year earlier; sales fell less than 1 percent, to $1.02 billion, first decline in two years (S)
FLEMING TO CLOSE WAREHOUSES AND CUT 800 JOBS
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Grocery distributor Fleming will close five warehouses and lay off about 800 employees, or 6.8 percent of its work force, to cut costs as it seeks to exit bankruptcy; about $1 billion in annual sales will be lost through closing of warehouses (S)
NORDSTROM FIRST-QUARTER PROFIT WAS BELOW FORECAST
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Nordstrom Inc says first-quarter profit was 12 cents to 15 cents per share, less than forecast; will report full results on May 19 (S)
GOODYEAR CHIEF TO TAKE OVER ROLE OF CHAIRMAN
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Goodyear Tire & Rubber Co says Samir G Gibara will resign as chairman on June 30 and be succeeded by chief executive Robert J Keegan (S)
SUNRISE TO SELL 44 NURSING HOMES FOR $564 MILLION
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Sunrise Assisted Living Inc sells 44 of its properties for $564 million; transaction includes sale of Sunrise's 90 percent stake in 28 assisted-living centers for $345 million to Macquarie Capital Partners; Macquarie will also buy 90 percent stake in 16 additional centers from another owner for $219 million; Sunrise will retain 10 percent stake in all centers and manage them under long-term contracts (S)
CLOROX SELLS BLACK FLAG AND ROACH MOTEL BRANDS
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Clorox Co sells its Black Flag insecticide and Roach Motel bait-trap brands to Fountainhead Group for undisclosed price (S)
BAUSCH & LOMB MAY DELAY REQUEST FOR IMPLANT APPROVAL
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Bausch & Lomb Inc might delay seeking approval for eye implant to treat diabetes-related vision problem by as much as three years; Food and Drug Administration wants more information about safety of implant Retisert in patients with macular edema (S)
MIDWAY GAMES HIRES CHIEF EXECUTIVE FROM PLAYBOY
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Midway Games Inc replaces chief executive Neil D Nicastro with Playboy Enterprises' president-chief operating officer David F Zucker (S)
BERKSHIRE NAMES TWO BUFFETT FRIENDS TO ITS BOARD
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Berkshire Hathaway names retired Coca-Cola Co president Donald R Keough and Capital Cities/ABC's former chairman Thomas S Murphy to its board (S)
LOCKHEED MARTIN SAYS TWO INVESTIGATIONS HAVE CLOSED
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Lockheed Martin says Securities and Exchange Commission and Justice Department have closed separate investigations; SEC ended inquiry into Lockheed's failed merger with Northrop Grumman on May 1; Justice Department on March 19 closed grand jury probe into whether hazardous waste was properly stored at uranium plant Lockheed ran in Paducah, Ky (S)
ELAN SAYS F.T.C. HAS ENDED INQUIRY THAT HALTED A DEAL
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Elan Corp says Federal Trade Commission ends investigation that thwarted $890 million sale of muscle relaxant Skelaxin and sleep aid Sonata to King Pharmaceuticals; King says it will not buy drugs (S)
U.S. APPROVES BB&T PURCHASE OF FIRST VIRGINIA BANKS
Date: 09 May 2003
By Bloomberg News
Bloomberg News
BB&T Corp's $2.97 billion acquisition of First Virginia Banks wins Justice Department approval after BB&T agrees to sell 11 First Virginia branches; acquisition is subject to Federal Reserve Board approval (S)