World Briefing | Middle East: Iran: Journalist Beaten, Official Says
Date: 17 July 2003
By Nazila Fathi (NYT)
Nazila NYT
Canadian photojournalist Zahra Kazemi, arrested while taking photographs of antigovernment protest outside prison, dies as result of beating while in Iranian police custody; held dual Canadian and Iranian citizenship; photo (S)
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Player and Normalcy Still Missing
Date: 17 July 2003
By Viv Bernstein
Viv Bernstein
Disappearance of Baylor University basketball player Patrick Dennehy has brought flood of media attention and police activity to Waco (Tex) and otherwise quiet Baylor community, which is in midst of restoring its academic reputation and renovating its campus; photos (M)
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MIDWEST EXPRESS IS SEEKING MONEY FOR REVAMPING
Date: 18 July 2003
By Bloomberg News
Bloomberg News
Midwest Express Holdings, operator of Midwest Airlines, will seek financing after averting bankruptcy protection filing by renegotiating aircraft lease agreements and obtaining employee concessions (S)
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S.E.C. IS INVESTIGATING BAXTER'S PROFIT FORECASTS
Date: 18 July 2003
By Bloomberg News
Bloomberg News
Baxter International says Securities and Exchange Commission is seeking information on series of reductions in its revenue and profit forecasts; reports second-quarter net income dropped 76 percent to $49 million from $204 million year ago; revenue rose 11 percent to $2.16 billion from $1.95 billion (S)
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ESTÉE LAUDER SETTLES A LAWSUIT FILED BY CONSUMERS
Date: 18 July 2003
By Bloomberg News
Bloomberg News
Estee Lauder Cos settles class-action lawsuit under industrywide agreement with cosmetics consumers and records fourth-quarter costs for case; $13.5 million expense covers some free products company will give consumers and legal costs for plantiffs; Estee Lauder was among major cosmetics manufacturers and retailers sued in 1998 by some consumers who suspected price fixing; company does not admit any wrongdoing (S)
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WYETH WILL MOVE SOME OF ITS MANUFACTURING PLANTS
Date: 18 July 2003
By Bloomberg News
Bloomberg News
Wyeth plans to eliminate 330 jobs in Rouses Point, NY, as company moves manufacturing of some medicines to Virginia and Puerto Rico; cuts will be made over 27 months, starting at end of year with 66 positions (S)
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MORE SUBSCRIBERS AND HIGHER PRICES LIFT HUGHES
Date: 17 July 2003
By Bloomberg News
Bloomberg News
Hughes Electronics earned $21.6 million in second quarter as its DirecTV service added subscribers and raised prices; net loss was $177.9 million year earlier; revenue rose 8.1 percent to $2.37 billion from $2.19 billion; DirecTV ended quarter with 11.6 million subscribers, 7.5 percent more than year ago (S)
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SECOND-QUARTER PROFIT AT SEARS ROSE 35%
Date: 18 July 2003
By Bloomberg News
Bloomberg News
Sears, Roebuck & Co says second-quarter earnings rose 35 percent; net income was $309 million compared to $229 million year earlier; reveneue rose less than 1 percent to $10.2 billion; profit at retail division fell 39 percent (S)
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QUARTERLY EARNINGS RISE FOR COCA-COLA ENTERPRISES
Date: 17 July 2003
By Bloomberg News
Bloomberg News
Coca-Cola Enterprises says second-quarter earnings increased 21 percent; net income rose to $260 million from $215 million; sales rose 9 percent, to $4.6 billion (S)
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SCHOLASTIC EXPECTS $2.2 BILLION IN SALES IN FISCAL 2004
Date: 17 July 2003
By Bloomberg News
Bloomberg News
Scholastic Corp chief executive Richard Robinson says company, American publisher of Harry Potter books, will have sales of $2.1 billion to $2.2 billion in 2004 fiscal year, about 7 percent to 12 percent higher than year earlier; adds cash flow in year started June 1 will be $40 million to $50 million (S)
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DRUG MAKER GALEN HOLDINGS SAYS IT IS IN TALKS ON A BID
Date: 18 July 2003
By Bloomberg News
Bloomberg News
Galen Holdings, Northern Ireland's biggest drug maker, says it is in preliminary talks with unidentified potential buyer (S)
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