AETNA RAISES FORECASTS FOR EARNINGS THIS YEAR
Date: 13 March 2004
By Bloomberg News
Bloomberg News
Aetna raises quarterly and full-year profit forecast as it says it is adding customers for first time in five years and controlling medical costs (S)û
Toistetaan perjantaina 12. maaliskuuta 2004
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12th of March 2004 News
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FREDDIE MAC NAMES HEAD OF SALES AND TRADING
Date: 13 March 2004
By Bloomberg News
Bloomberg News
Freddie Mac
MICROSOFT IS SAID TO FILE SUIT AGAINST LINDOWS
Date: 13 March 2004
By Bloomberg News
Bloomberg News
Lindows, barred from using its name in Finland, Sweden and Netherlands after after lawsuits brought by Microsoft, says Microsoft has asked Dutch court to fine company 100,000 euros ($122,000) per day; Lindows says Microsoft is asking for fine for permitting Lindows Web site to be reached by people in Netherlands, Belgium and Luxembourg; Microsoft says Lindows name harms value of its Windows trademark (S)
GENERAL DYNAMICS IS BUYING ALVIS OF BRITAIN
Date: 12 March 2004
By Bloomberg News
Bloomberg News
General Dynamics agrees to buy London-based Alvis, maker of Challenger II battle tank, for 309 million pounds ($556 million) (S)
CITIGROUP CHOOSES GLOBAL INVESTMENT BANKING CHIEF
Date: 13 March 2004
By Bloomberg News
Bloomberg News
Citigroup Ch
NASD FINES AMERITRADE AND TWO UNITS $10 MILLION
Date: 12 March 2004
By Bloomberg News
Bloomberg News
Ameritrade Holding, biggest discount brokerage firm, and units Datek Online Financial Services and iClearing are fined $10 million by NASD for improperly extending credit to clients; Ameritrade's units allowed clients to make purchases using funds from sales that were not completed (S)
HEALTHSOUTH SAYS COURT BLOCKED FASTER NOTES PAYMENT
Date: 13 March 2004
By Bloomberg News
Bloomberg News
HealthSouth Corp, accused of $2.7 billion accounting fraud, says Alabama court granted its request to prevent bondholders from getting accelerated payments; says speeding up notes would have caused 'substantial harm' to its value and to its shareholders (S).
MAXWELL SHOE REJECTS $300 MILLION BID FROM JONES
Date: 13 March 2004
By Bloomberg News
Bloomberg News
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E*TRADE SAYS OUSTED CHIEF PAID BACK $4.6 MILLION
Date: 12 March 2004
By Bloomberg News
Bloomberg News
E*Trade Financial's former chief executive Christos M Cotsakos, ousted after receiving $77 million as company lost money, gives back $4.6 million of unapproved gifts and travel during his seven-year tenure (S)
Consumer Confidence Declines
Date: 13 March 2004
By Bloomberg News
Bloomberg News
University of Michigan's preliminary index of consumer sentiment declined to 94.1 in March from 94.4 in February; Bloomberg News economist survey shows employers added 21,000 workers in February, sixth of median forecast; Commerce Department reports sales rose 0.4 percent in January, keeping stockpiles lean; overall retail sales gained 0.6 percent in February; department also reports current account deficit narrowed in fourth quarter, to $127.5 billion; US has lost 2.3 million jobs in three years, including 1.05 million since latest expansion began in November 2001; graph (M)