World Briefing | Middle East: Iran: U.S. Journalists To Be Fingerprinted
Date: 07 December 2002
By Nazila Fathi (NYT)
Nazila NYT
Iranian government, responding to American policy of fingerprinting and photographing Iranians entering US, asks airport security to fingerprint and thoroughly document American journalists entering country (S)
Full Article
RELEASE OF FOREST'S HYPERTENSION MEDICINE IS DELAYED
Date: 07 December 2002
By Bloomberg News
Bloomberg News
Forest Laboratories Inc will not be able to sell new hpyertension treatment in United States before 2005 because regulators demand more research; Forest bought rights to medicine, called lercanidipine, from Recordati of Italy (S)
Full Article
OAKLEY, A MAKER OF SUNGLASSES, REDUCES OUTLOOK
Date: 07 December 2002
By Bloomberg News
Bloomberg News
Oakley Inc, maker of upscale sunglasses and sports accessories, cuts its forecast for fourth-quarter sales and earnings; says it expects fourth-quarter sales of about $100 million and per-share earnings of break-even to 1 cent (S)
Full Article
COMPANIES FOUND LIABLE IN ASBESTOS LAWSUIT
Date: 06 December 2002
By Bloomberg News
Bloomberg News
Florida jury rules that Union Carbide and other building-products makers are responsible for lung ailments of construction worker who was exposed to asbestos; awards $1.8 million to worker, Yves Lagueux (S)
Full Article
MATTEL SETTLES SHAREHOLDER SUIT FOR $122 MILLION
Date: 06 December 2002
By Bloomberg News
Bloomberg News
Mattel reaches settlement with shareholders who sued over company's 1999 acquisition of Learning Co (S)
Full Article
PEPSICO SAYS IT WILL RAISE SYRUP PRICES FOR BOTTLERS
Date: 06 December 2002
By Bloomberg News
Bloomberg News
PepsiCo says that it will raise price of syrup it sells to its bottlers in United States by 2 percent starting Feb 1 (S)
Full Article
TWO SENIOR MANAGERS AT MERRILL LYNCH RESIGN
Date: 07 December 2002
By Bloomberg News
Bloomberg News
Two more senior managers are leaving Merrill Lynch & Co, latest departures in E Stanley O'Neal's first week as chief exec; they are Paul Roy and Michael Marks (S)
Full Article
MOODY'S CUTS RATING OF CABLE AND WIRELESS TO JUNK
Date: 07 December 2002
By Bloomberg News
Bloomberg News
Moody's Investors Service cuts long-term debt rating of Cable and Wireless two levels to junk, on concern that company will spend too much to reorganize its biggest unit (S)
Full Article
MERCK EXPECTS HIGHER SALES AND EARNINGS IN 2003
Date: 06 December 2002
By Bloomberg News
Bloomberg News
Drug maker Merck expects higher earnings next year, helped by sales of bone-building medicine Fosamax and asthma treatment Singulair (S)
Full Article
D&B, INFORMATION PROVIDER, AGREES TO BUY HOOVER'S
Date: 06 December 2002
By Bloomberg News
Bloomberg News
D&B, business-information provider formerly called Dun & Bradstreet, says it agreed to buy Hoover's Inc for about $117 million, gaining growing online publisher of corporate data (S)
Full Article
PIER 1 RAISES PROFIT OUTLOOK AND INCREASES DIVIDEND
Date: 06 December 2002
By Bloomberg News
Bloomberg News
Pier 1 Imports says that third-quarter profit rose more than forecast after sales last month exceeded projections; profit put at 32 to 33 cents a share (S)
Full Article