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Date: 03 July 2000
By Andrew Ross Sorkin
Andrew Sorkin
CNN strikes deal with NTT DoCoMo, Japan's largest mobile telephone operator, to provide news and other information to customers over their mobile telephones handsets (S)
Date: 03 July 2000
By Jim Rutenberg
Jim Rutenberg
WBBM-TV, CBS-owned station in Chicago, is delivering local news without the pizazz and sensationalism common at TV stations throughout the country, and it is doing it in order to lift its ratings, which trail competition in local news market, and improve revenues; executives believe that higher-quality news will draw a better-educated, more affluent audience that advertisers will be willing to pay a premium for; it is still unclear whether strategy will work, but journalists welcome the change; photos (M)
Date: 03 July 2000
By Jonathan Robinson
Jonathan Robinson
Turner Broadcasting Systems will spend $1.2 billion in next five years to enlarge its downtown Atlanta headquarters and build and renovate parts of offices and studios elsewhere in the city; one of the new downtown towers will house over 3,000 new employees for the online and wireless services it plans for CNN Interactive; Turner's strategy is to expand network's online presence to include research tools and more in-depth coverage; drawing (M)
Date: 04 July 2000
By Bloomberg News
Bloomberg News
BioShield Technologies Inc., which makes antimicrobial coating products, has agreed to buy the AHT Corporation for $20 million in stock to get AHT's software that allows doctors to send prescriptions electronically to pharmacies. BioShield Technologies will pay $1.75 of BioShield common stock for each share of AHT, which is based in Tarrytown, N.Y. That is 13 percent below AHT's closing price of $2 on Friday, although 87 percent more than AHT's all-time closing low of 93.75 cents on May 1. AHT's shares have fallen 68 percent this year, and it has lost money for the last eight quarters. Shares of BioShield fell 50 cents, to $11.50, while AHT declined 50 cents, to $1.50.
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Affiliated Computer Services Inc agrees to sell its ATM unit to Genpass Inc for about $180 million (S)
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Catellus Development Corp agrees to sell most of its homebuilding operations to new, limited liability firm managed by Brookfield Properties Corp (S)
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Verizon Communications attempts to sell GTE cable systems it owns in various US states (S)
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Italian producer prices rise during May at fastest pace in five years, up .9 percent from April and 6.4 percent from May 1999 (S)
Date: 03 July 2000
By Bloomberg News
Bloomberg News
Telefonica SA of Spain increases control of its Argentine and Brazilian units after a majority of investors swap their stock in the units for the company's shares; also raises its stake in Tele Sudeste Celular Participacoes SA (S)
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Shares of Nippon Telephone & Telegraph rise 6.5 percent following announcement that it will lower fees it charges other carriers to use its local networks (S)