AMR EXPECTING LOSSES FOR QUARTER AND YEAR
Date: 01 March 2002
By Bloomberg News
Bloomberg News
AMR Corp, parent of American Airlines, expects losses for first quarter and full year; company lost $1.76 billion last year compared with net income of $813 million in 2000 (S)
Full Article
FOUNDER IS STEPPING DOWN AS CHIEF AT LILLIAN VERNON
Date: 01 March 2002
By Bloomberg News
Bloomberg News
Lillian Vernon Corp chief executive Lillian Vernon is stepping down, but will remain chairwoman (S)
Full Article
ANTITRUST REGULATORS IN EUROPE TO LOOK INTO G.E. DEAL
Date: 01 March 2002
By Bloomberg News
Bloomberg News
British Department of Trade and Industry says General Electric Co's planned purchase of Unison Industries, maker of aircraft engine parts, will be investigated by European antitrust regulators Britain, France, Germany and Spain rule that it might affect competition (S)
Full Article
AT&T WIRELESS REDUCES ITS SALES FORECAST
Date: 02 March 2002
By Bloomberg News
Bloomberg News
AT&T Wireless reduces sales and cash-flo
Full Article
CONCERNS ON COMPETITION HURT KINDER MORGAN SHARES
Date: 01 March 2002
By Bloomberg News
Bloomberg News
Shares of Kinder Morgan Inc fall to 15-month low on concern company faces competition for assets and on investor wariness about its partnership arrangements; chief executive Richard D Kinder denies speculation that company faces cash squeeze or regulatory inquiry on its finances (S)
Full Article
RULING FAVORS GENERIC ANTIDEPRESSANT FROM ANDRX
Date: 02 March 2002
By Bloomberg News
Bloomberg News
Andrx Group says judge ruled that its generic version of GlaxoSmithKline's Wellbutrin antidepressant does not infringe Glaxo patent, which may clear way for Andrx to sell copy of blockbuster drug (S)
Full Article
DANIELSON AGREES TO BUY BARGE COMPANY FOR $34 MILLION
Date: 01 March 2002
By Bloomberg News
Bloomberg News
Danielson Holding plans to acquire American Commercial Lines, largest North American barge company, for about $34 million in cash and stock and assumption of $58.5 million of company's existing senior notes (S)
Full Article
SCHERING SCALES BACK PLANS FOR SKIN-CARE ACQUISITION
Date: 02 March 2002
By Bloomberg News
Bloomberg News
Schering AG seeks to buy skin-care business for less than $250 million after scrapping larger acquisition because undisclosed seller decided not to sell (S)
Full Article
JUDGE RULES IN G.M.'S FAVOR IN TRADEMARK DISPUTE
Date: 01 March 2002
By Bloomberg News
Bloomberg News
Federal Judge Robert Miller Jr rules grille of Hummer H2, made by General Motors Corp, does not violate trademark design of DaimlerChrysler's Jeep vehicles; DaimlerChrysler sued GM last year, saying grille was too much like Jeep grille; Hummer H2 is scheduled to go on sale in July (S)
Full Article
FLEETBOSTON LOST $521 MILLION IN ARGENTINA LAST YEAR
Date: 02 March 2002
By Bloomberg News
Bloomberg News
FleetBoston Financial Corp loses $521 million doing business in Argentina last year (S)
Full Article