NORTHROP SETS EXCHANGE FOR NEWPORT STOCK
Date: 29 November 2001
By Bloomberg News
Bloomberg News
Northrop Grumman Corp sets exchange ratio for stock in its $2.6 billion acquisition of Newport News Shipbuilding; has about $633.4 million cash available for Newport shareholders who opt to receive cash and Northrup stock (S)
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Swedish Journalist Slain as Fears Rise for Safety of Reporters
Date: 28 November 2001
By C. J. Chivers
C. Chivers
Ulf Stromberg, cameraman for Swedish television station, is shot and killed by young men who robbed home in which he and other journalists were staying, Taliqan; death shakes Westerns at work in Afghanistan; groups of journalists vacate city, heading back to area long controlled by Northern Alliance; United Nations holds killing shows situation is too dangerous for media and aid workers; instability is evident in Kunduz, where dense crowds of citizens and gunmen follow journalists around and tension between rival Northern Alliance factions is apparent; photo (M)
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Marines Land in Afghanistan With Panache, Semper Fi and Press Tagging Along
Date: 28 November 2001
By Alessandra Stanley
Alessandra Stanley
Marine Corps, displaying panache for public relations, lets three reporters, television cameraman and photographer accompany marines landing near Kandahar, Afghanistan; operation is Pentagon's first chance to put reporters on ground alongside military forces and take responsibility for their safety without jeopardizing operation; photo (M)
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Taliban Foes Move on Kandahar
Date: 29 November 2001
By James Dao With Douglas Frantz
James With
Aided by American air power and ground troops, opposition forces in southern Afghanistan have encircled the city of Kandahar.
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CONTINENTAL PLANS SHARE SALE TO RAISE MONEY
Date: 29 November 2001
By Bloomberg News
Bloomberg News
Continental Airlines plans to raise about $151.7 million by selling common shares; company needs cash to contend with losses stemming from reduced air traffic following Sept 11 attacks on US (S)
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LAWSUIT AGAINST BANK OF NEW YORK IS DISMISSED
Date: 29 November 2001
By Bloomberg News
Bloomberg News
Federal Judge Denny Chin dismisses shareholder lawsuit against Bank of New York that accused 19 senior officials of permitting bank to launder money when it expanded in Russia during 1990's (S)
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VIVENDI AND ARENAS TO CREATE MOVIE LABEL FOR HISPANICS
Date: 28 November 2001
By Bloomberg News
Bloomberg News
Universal Pictures division of Vivendi Universal joins Arenas Group to form movie label that will produce and market films to Hispanic audiences; Marco Polo Investments will own portion of new Arenas Entertainment label (S)
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TRUMP TO PAY INTEREST IT WITHHELD AND GET DEBT TALKS
Date: 29 November 2001
By Bloomberg News
Bloomberg News
Trump Hotels and Casino Resorts will make $91 million in interest payments it withheld from bondholders in an effort to force restructuring of debt (S)
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JOHNSON & JOHNSON UNIT WILL PAY $45 MILLION SETTLEMENT
Date: 28 November 2001
By Bloomberg News
Bloomberg News
Lifescan division of Johnson & Johnson agrees to pay $45 million to settle class-action lawsuit brought by consumers claiming that meters used to test diabetics' blood-sugar levels were defective; more than 100,000 plaintiffs will receive about $300 each; paid $60 million in civil and criminal penalties a year ago for concealing known defects in its SureStep blood-glucose monitoring devices (S)
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TWO INVESTORS MAY SELL OLD STAKES IN GOLDMAN SACHS
Date: 28 November 2001
By Bloomberg News
Bloomberg News
Sumitomo Mitsui Banking Corp and Hawaiian charity, Kamehameha Activities Association, may sell $1.27 billion of Goldman Sachs Group shares (S)
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