STANLEY WORKS NAMES AN INTERIM NONEXECUTIVE CHAIRMAN
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Stanley Works names John D Opie nonexecutive chairman on interim basis until successor is elected; succeeds John M Trani, who retired as chairman and chief executive on Dec 31; executive vice president Joseph J DeAngelo and chief financial officer James M Loree will manage company until new chief executive is found (S)
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BCE EMERGIS IS SELLING HEALTH UNIT TO MULTIPLAN
Date: 03 January 2004
By Bloomberg News
Bloomberg News
BCE Emergis, owned by Canadian telephone company BCE, is selling its US health care network to Multiplan Inc for $213 million (S)
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LEGG MASON BUYS A MONEY MANAGER IN SINGAPORE
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Legg Mason acquires Singapore business of Rothschild Asset Management; terms unannounced, but price is less than $10 million (S)
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AIMING TO MAKE FASTER CHIPS, AGERE ACQUIRES TERABLAZE
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Agere Systems acquires microchip producer TeraBlaze for about $21 million in stock (S)
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ANNALY MORTGAGE SAYS IT IS ACQUIRING INVESTMENT ADVISER
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Annaly Mortgage Management acquires Fixed Income Discount Advisory for $40.5 million in cash and stock (S)
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BOEING RECEIVES EXTENSION ON SPACE STATION CONTRACT
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Boeing Co receives contract extension from NASA for work on International Space Station that could be worth $1.62 billion (S)
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MURPHY OIL SAYS IT EXPECTS QUARTERLY PROFIT TO DECLINE
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Murphy Oil says fourth-quarter profit probably fell because of loss from refining and costs from unsuccessful drilling ventures (S)
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AMGEN IS BUYING $20 MILLION STAKE IN STEM-CELL RESEARCHER
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Amgen acquires $20 million stake in stem-cell researcher ViaCell; ViaCell cancels its initial public offering (S)
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Most Share Indexes Slip on Concern Over Interest Rates
Date: 03 January 2004
By Bloomberg News
Bloomberg News
Dow Jones industrial average falls 44.07 points to close at 10,409.85; Nasdaq composite index rises 3.31 points to close at 2,006.68; Standard & Poor's 500-stock index falls 3.44 points, to close at 1,108.48; US Treasury prices fall; 10-year note drops 27/32, to 99 29/32; yield rises to 4.37 percent from 4.25 percent; 30-year bond falls 1 13/32 to 103; yield rises to 5.17 percent from 5.07 percent; graph; chart (M)
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NEWS SUMMARY
Date: 03 January 2004
INTERNATIONAL A3-8 Iran Puts Off U.S. Help For Earthquake Relief Iran has put ''in abeyance'' an offer from the United States to assist in the distribution of relief supplies after the earthquake in Bam. The government in Tehran cited the overwhelming difficulties facing relief workers, and did not rule out the possibility of a future visit. A1 U.S. Helicopter Downed in Iraq Insurgents shot down an American military helicopter in Iraq, killing one crewman. Demonstrators gathered to protest a raid on a mosque in which American troops arrested a prominent Sunni cleric and seized a weapons stockpile. A3
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