BROADCOM REPORTS CHARGE RELATED TO 3 RESIGNATIONS
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Broadcom Corp, leading maker of cable-modem chips, says former head of its ServerWorks unit and two other employees have left company, contributing to $129 million expense in second quarter; severance pay for the three--Raju Vegesna, Ken McMaster and Kimball Brown--will result in $88 million expense (S)
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COMPUTER HORIZONS SAYS AQUENT'S OFFER IS INADEQUATE
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Computer Horizons Corp says that unsolicited takeover offer of $5 a share from Aquent LLC is 'grossly inadequate' (S)
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TENET HEALTHCARE AGREES TO RAISE PAY OF NURSES
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Tenet Healthcare Corp agrees to raises of as much as 29 percent for some nurses in California and Florida; three-year agreement between company and two labor groups bars nurses from striking (S)
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BOSTON PRIVATE AGREES TO BUY STAKE IN INVESTMENT FIRM
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Boston Private Financial Holdings Inc agrees to buy 80 percent of Dalton, Greiner, Hartman, Maher and Co, closely held investment firm, for about $75 million (S)
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ST. JUDE MEDICAL ACQUIRES 19 PERCENT STAKE IN EPICOR
Date: 03 May 2003
By Bloomberg News
Bloomberg News
St Jude Medical Inc takes 19 percent stake in Epicor Medical Inc for $15 million and may buy all of company next year for $185 million (S)
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Hollywood's Fear of the News
Date: 04 May 2003
By Caryn James
Caryn James
Article on how three-year or longer production time contributes to Hollywood's fear of committing to movies that might have to be held back from release when world events overtake subject or tone of film; prime examples are Buffalo Soldier, cynical movie about violent, drug-dealing soldiers, with release postponed three times because of national mood, and thriller Phone Booth, held back when Washington-area snipers were saturating news; photos (M)
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Breaking News! At Home!
Date: 04 May 2003
By Pamela Woodruff Lobley
Pamela Lobley
Pamela Woodruff Lobley essay describes recent day as stay-at-home mom made savvy by supertitles that crawl across lower portion of television news reports; drawing (M)
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Oil Companies Reap Rewards Of Higher Prices for Crude
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Royal Dutch/Shell and ChevronTexaco say their first-quarter earnings more than doubled, capping series of strong results for oil industry as price of crude oil rose; Shell says net income jumped to $5.3 billion from $2.26 billion a year ago; ChevronTexaco profit rises to $1.92 billion from $725 million (S)
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NEWS SUMMARY
Date: 04 May 2003
INTERNATIONAL 3-19 Powell Says Syria Is Acting Against Militants Secretary of State Colin L. Powell, opening a new phase of American diplomacy in the Middle East, met with President Bashar al-Assad and said afterward that Syria had begun closing the offices of some militant anti-Israel groups in Damascus. 1
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NEWS SUMMARY
Date: 03 May 2003
INTERNATIONAL A3-11 After Victory in Iraq, Challenges in Rebuilding American troops are straining to manage the forces the war has unleashed: the anger, frustration and competing ambitions of a nation suppressed for three decades. There is a sense that the Americans are losing the initiative, slackened by the delicate task of transforming a military victory into political success. A1
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