EXECUTIVE TURNOVER AT SUNTRUST BANKS
Date: 10 December 2004
By Bloomberg News
Bloomberg News
SunTrust Banks Inc, which restated results in November as result of accounting mistakes, names James Wells president and chief operating officer and chooses chief credit officer and controller; chief risk officer Theodore Hoepner and vice chairman John Clay will retire (S)
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TYCO TO INCREASE ITS DIVIDEND EIGHTFOLD
Date: 10 December 2004
By Bloomberg News
Bloomberg News
Tyco International Ltd will raise its quarterly dividend eightfold, first increase in 12 years; dividend will increase to 10 cents per share from 1.25 cents (S)
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AUTODESK TO REPURCHASE 24 MILLION MORE SHARES
Date: 11 December 2004
By Bloomberg News
Bloomberg News
Software maker Autodesk says it will buy back as many as 24 million more common shares to offset impact of stock options granted to employees (S)
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G.E. TO BUY BACK STOCK AND RAISE DIVIDEND
Date: 11 December 2004
By Bloomberg News
Bloomberg News
General Electric Co says it will buy back as much as $15 billion in stock over three years and raise dividend by 10 percent (S)
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TIME WARNER TO TAKE A CHARGE FOR JOB CUTS AT AOL
Date: 11 December 2004
By Bloomberg News
Bloomberg News
Time Warner will take $60 million charge in fourth quarter for severance benefits related to job cuts at America Online unit (S)
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LUXURY HOME BUILDER RAISES PROFIT FORECAST FOR 2005
Date: 10 December 2004
By Bloomberg News
Bloomberg News
Toll Brothers Inc raises next year's profit forecast after reporting 93 percent increase in fiscal fourth-quarter earnings because of record home sales; net income in 2005 will rise at least 40 percent, more than 30 percent projected in third quarter; net income in three months ended Oct 31 rose to $180.6 million from $93.4 million year earlier (S)
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Maxwell McCrohon, 76, Chief of Three News Organizations, Dies
Date: 11 December 2004
By Jennifer Bayot
Jennifer Bayot
Maxwell McCrohon, former Australian news correspondent who became editor of Chicago Tribune, United Press International and Los Angeles Herald Examiner, dies at age 76 (M)
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Honeywell Increasing Dividend by 10%
Date: 11 December 2004
By Bloomberg News
Bloomberg News
Honeywell International raises annual dividend by 10 percent, first increase in almost five years (S)
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World Business Briefing | Asia: China: Industrial Output Settles
Date: 10 December 2004
By Bloomberg News
Bloomberg News
China's industrial production grew at slowest pace in 18 months in November as government ordered banks to restrict industrial lending; production rose 14.8 percent from year earlier to 508 billion yuan ($61 billion) after rising 15.7 percent in October; China's exports in November grew 46 percent from year earlier, to $60.9 billion; imports rose 39 percent, to $51 billion, leaving trade surplus of $9.9 billion (S)
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