ZIMMER WILL MAKE FORMAL OFFER TO BUY IMPLANT MAKER
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Zimmer Holdings Inc plans to offer about $3.1 billion in cash and stock for rival medical-implant maker Centerpulse (S)
Reluare luni, 16 iunie 2003
16 iunie 2003 era un luni sub semnul stelut al lui ♊. Era ziua 166 din an. Președintele Statelor Unite a fost George W. Bush.
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16th of June 2003 News
Știri așa cum au apărut pe prima pagină a New York Times la 16 iunie 2003
DELTAGEN STUDIES ALTERNATIVES AFTER 2 EXECUTIVES QUIT
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Deltagen Inc, biotechnology company that markets tools and services to pharmaceutical companies, says it lacks funds to repay $5 million loan; reports Joseph M Limber resigns as chief executive and John Varian as interim chief financial officer, but will continue as consultants; weighs bankruptcy, other options (S)
CHUBB TO SELL SHARES AND EQUITY UNITS FOR $1.2 BILLION
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Chubb Corp, property and casualty insurer, to sell $1.2 billion worth of new equity (S)
World Business Briefing | Europe: Italy: Bank Executive Named
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Banca Nazionale del Lavoro promotes Mario Girotti to general manager after Davide Croff resigns as chief exeutive; Croff's post will not be filled (S)
Lowest-Rated Finals Since '81
Date: 17 June 2003
By Bloomberg News
Bloomberg News
ABC broadcast of NBA finals draws lowest ratings for championship series since 1981 (S)
NEWS SUMMARY
Date: 16 June 2003
INTERNATIONAL A2-8 New Campaign in Iraq Includes Attacks and Aid A new campaign by American troops in Iraq is combining military strikes on suspected supporters of Saddam Hussein with high-visibility relief projects for Iraqi civilians. Military officials released no figures for Iraqi casualties or detentions from the operations, but in a sign of continued resistance, several American soldiers were wounded when their convoy was attacked. A1 U.S. Soldier Faces Hearing Sgt. Hasan K. Akbar, a United States soldier who is charged with killing two officers and injuring 14 others, faces a hearing beginning this week. The deadly grenade attack took place in Kuwait in March while troops were sleeping in their tents. A10
New York State Manufacturing Is Unusually Brisk
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Federal Reserve Bank of New York reports manufacturing in New York State expanded more than expected in June; National Association of Homebuilders' housing market index rises to 62 in June from 57 in May (M)
Technology Briefing | Internet: Ameritrade Buys Accounts
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Ameritrade Holding Corp buys 16,500 online accounts for about $4.2 million from Mydiscountbroker.com, which is being closed by parent SWS Group (S)
Kmart Says Its Loss Narrowed in Quarter
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Kmart Holding Corp says its loss for firscal first quarter ended Apr 30 narrowed to $862 million, compared with loss of $1.44 billion a year ago; sales fell 14 percent, to $6.18 billion (S)
Latest Restatement for Tyco Shifts $528 Million in Costs
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Tyco International to restate financial reports dating back to its 1998 fiscal year by moving $528 million in costs to earlier periods; says changes do not involve any new charges and will not affect balance sheet as of Mar 31; earnings from 1998 to 2001 will be cut and results in 2002 and 2003 will rise (M)
Credit Card Deal Has Initial Approval
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Federal Judge John Gleeson gives MasterCard International Inc and Visa International Inc preliminary approval for $3 billion accord to settle suit by retailers over debit card fees (S)
Technology Briefing | Internet: Reverse Split For Priceline
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Priceline. com, seller of discount travel services, completes 1-for-6 reverse stock split (S)
Technology Briefing | Internet: WebMD Acquisition
Date: 17 June 2003
By Bloomberg News
Bloomberg News
WebMD Corp to buy Advanced Business Fulfillment, billing services provider to small health plans, for at least $110 million in cash and up to $150 million in deferred payments in stock, options or cash; WebMD stock price graph (S)
State and Microsoft Settle
Date: 17 June 2003
By Bloomberg News
Bloomberg News
Microsoft agrees to pay up to $21 million to settle suit charging it overcharged West Virginia consumers for its Windows operating system; state agrees to drop its challenge of Microsoft's antitrust settlement, leaving Massachusetts as sole state pursuing challenge; company will give consumers up to $18 million worth of software and state and schools $1 million and half of any unclaimed money (S)
World Business Briefing | Americas: Chile: Mine Project
Date: 17 June 2003
By Bloomberg News
Bloomberg News
BHP Billiton and Rio Tinto Group agree to $400 million expansion of Escondida project in Chile; project, three miles from existing mine, will provide higher-grade ores from open pit (S)
Pipeline Project Under the Timor Sea Is Approved
Date: 16 June 2003
By Bloomberg News
Bloomberg News
ConocoPhillips secures East Timor government's approval to proceed with extraction of natural gas from beneath bed of Timor Sea and construction of submarine pipeline to carry gas to northern Australia (M)