TOMMY HILFIGER ENDS SPECULATION ON POSSIBLE SALE
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Tommy Hilfiger Corp says it is not for sale, setting off 9 percent decline in its stock price (S)
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Date: 09 May 2003
By Bloomberg News
Bloomberg News
Tommy Hilfiger Corp says it is not for sale, setting off 9 percent decline in its stock price (S)
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Clorox Co says net income rose to $110 million in third quarter ended March 31 from $46 million year earlier; sales fell less than 1 percent, to $1.02 billion, first decline in two years (S)
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Grocery distributor Fleming will close five warehouses and lay off about 800 employees, or 6.8 percent of its work force, to cut costs as it seeks to exit bankruptcy; about $1 billion in annual sales will be lost through closing of warehouses (S)
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Nordstrom Inc says first-quarter profit was 12 cents to 15 cents per share, less than forecast; will report full results on May 19 (S)
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Goodyear Tire & Rubber Co says Samir G Gibara will resign as chairman on June 30 and be succeeded by chief executive Robert J Keegan (S)
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Sunrise Assisted Living Inc sells 44 of its properties for $564 million; transaction includes sale of Sunrise's 90 percent stake in 28 assisted-living centers for $345 million to Macquarie Capital Partners; Macquarie will also buy 90 percent stake in 16 additional centers from another owner for $219 million; Sunrise will retain 10 percent stake in all centers and manage them under long-term contracts (S)
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Clorox Co sells its Black Flag insecticide and Roach Motel bait-trap brands to Fountainhead Group for undisclosed price (S)
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Bausch & Lomb Inc might delay seeking approval for eye implant to treat diabetes-related vision problem by as much as three years; Food and Drug Administration wants more information about safety of implant Retisert in patients with macular edema (S)
Date: 08 May 2003
By Bloomberg News
Bloomberg News
Midway Games Inc replaces chief executive Neil D Nicastro with Playboy Enterprises' president-chief operating officer David F Zucker (S)
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Berkshire Hathaway names retired Coca-Cola Co president Donald R Keough and Capital Cities/ABC's former chairman Thomas S Murphy to its board (S)
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Lockheed Martin says Securities and Exchange Commission and Justice Department have closed separate investigations; SEC ended inquiry into Lockheed's failed merger with Northrop Grumman on May 1; Justice Department on March 19 closed grand jury probe into whether hazardous waste was properly stored at uranium plant Lockheed ran in Paducah, Ky (S)
Date: 09 May 2003
By Bloomberg News
Bloomberg News
Elan Corp says Federal Trade Commission ends investigation that thwarted $890 million sale of muscle relaxant Skelaxin and sleep aid Sonata to King Pharmaceuticals; King says it will not buy drugs (S)
Date: 09 May 2003
By Bloomberg News
Bloomberg News
BB&T Corp's $2.97 billion acquisition of First Virginia Banks wins Justice Department approval after BB&T agrees to sell 11 First Virginia branches; acquisition is subject to Federal Reserve Board approval (S)