JUSTICE DEPARTMENT IS INVESTIGATING CAREER EDUCATION
Date: 03 September 2004
By Bloomberg News
Bloomberg News
Career Education Corp, which operates Katharine Gibbs secretarial schools and for-profit colleges, says Justice Department is investigating company; said in June that Securities and Exchange Commission was investigating company amid allegations of overstated enrollment and manipulated financial statements (S)
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CHIEF FINANCIAL OFFICER IS APPOINTED AT NCR
Date: 04 September 2004
By Bloomberg News
Bloomberg News
NCR Corp names Peter Bocian chief financial officer (S)
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CYPRESS SEMICONDUCTOR SEES EARNINGS BELOW ESTIMATES
Date: 04 September 2004
By Bloomberg News
Bloomberg News
Cypress Semiconductor Corp, citing higher client inventory and slowdown in electronics spending, lowers third quarter results estimates (S)
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CONTINENTAL AIR TO DEFER PENSION CONTRIBUTIONS THIS YEAR
Date: 04 September 2004
By Bloomberg News
Bloomberg News
Continental Airlines will skip contributions to employee pension plans this year; move, under law enacted in April, will help company keep $1.5 billion in unrestricted cash (S)
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WORTHINGTON TO BUY ASSETS FROM WESTERN INDUSTRIES
Date: 03 September 2004
By Bloomberg News
Bloomberg News
Worthington Industries acquires propane and specialty-gas cylinder assets of Western Industries for $64.5 million (S)
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TOTAL OF FRANCE RESERVES LOUISIANA TERMINAL CAPACITY
Date: 04 September 2004
By Bloomberg News
Bloomberg News
Cheniere Energy Inc says Total SA of France has reserved right to about 40 percent of capacity of liquefied natural gas terminal it plans to build in Louisiana; terminal, which has yet to receive final regulatory approval, would have daily production capacity of 2.6 billion cubic feet (S)
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PRESIDENT OF PAYLESS RESIGNS AND RETAILER WILL CUT JOBS
Date: 03 September 2004
By Bloomberg News
Bloomberg News
Duane L Cantrell resigns as president of Payless ShoeSource; is succeeded by chief executive Steven Douglass; company will cut undisclosed number of jobs (S)
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COCA-COLA OFFERS TO SETTLE ANTITRUST CASE IN EUROPE
Date: 04 September 2004
By Bloomberg News
Bloomberg News
Coca-Cola, in statement filed with Securities and Exchange Commission seeking to settle antitrust investigation, offers to change way it sells beverages in Britain, Germany, Austria, Belgium and Denmark; European Commission circulates proposal among competitors and customers for comment (S)
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PFIZER TO PAY $430 MILLION FOR CLAIMS AGAINST UNIT
Date: 04 September 2004
By Bloomberg News
Bloomberg News
Pfizer agrees to pay $430 million to resolve claims against subsidiary, Quigley Corp, which sold products containing asbestos in 1970's; Quigley files for bankruptcy protection (S)
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CALPINE EXPECTS TO MAKE $200 MILLION IN SALE OF RESERVES
Date: 03 September 2004
By Bloomberg News
Bloomberg News
Calpine Corp expects pretax gains totaling more than $200 million from sale of its natural gas reserves in Rocky Mountains and Canada; two US gas companies bought Rocky Mountain assets for about $223 million; Canadian gas reserves were sold to PrimeWest Energy Trust for 825 million Canadian dollars ($632 million) (S)
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