Market Place; Stock promoters are sending e-mail ads to users of news sites to push up shares that have little track record.
Date: 27 November 2001
By Floyd Norris and Gretchen Morgenson
Floyd Norris
InternetMarketing Solutions sends e-mail advertisements for Liquidix Inc and UniverCell Holdings, stocks that have disclosed no verifiable information, to registered users of Internet news sites, including The New York Times on the Web and CBSMarketwatch.com; some information is apparently false; both sites say they will stop distributing advertising without verification; graphs (M)
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Smaller Spotlight for a Big-Time Correspondent
Date: 26 November 2001
By Jim Rutenberg
Jim Rutenberg
Television news organizations covering war in Afghanistan spurn services of Peter Arnett, veteran war correspondent whose career was sullied by involvement in discredited CNN report accusing US of using nerve gas against defectors in Laos during Vietnam War; he will cover Afghan war for BNN, independent video company, which plans to syndicate his reporting; photo (M)
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Frontiers of Cloning
Date: 27 November 2001
Editorial says experiment by Advanced Cell Technology, biotechnology company that reported cloning human embryo, looks more like failure than success in some respects and may have done as much to hinder as to help new science of cloning; says by rushing into print with questionable preliminary results and orchestrating media blitz, company has invited legislative retaliation that could cripple very research it is attempting to pioneer (M)
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BAUSCH & LOMB GIVEN APPROVAL ON CONTACT LENS USE
Date: 27 November 2001
By Bloomberg News
Bloomberg News
Food and Drug Administration extends length of time users can wear Bausch & Lomb's PureVision soft contact lenses to as long as 30 days (S)
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FOUR COMPANIES JOIN ROLLS-ROYCE ENGINE PROJECT
Date: 27 November 2001
By Bloomberg News
Bloomberg News
Honeywell International, Goodrich Corp, Fiat SpA and United Technologies Corp agree to share development costs of Rolls-Royce's Trent 900 jet engine; Volvo AB is already partner (S)
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PROVIDIAN FINANCIAL REPLACES CHIEF EXECUTIVE WHO QUIT
Date: 27 November 2001
By Bloomberg News
Bloomberg News
Providian Financial Corp hires Joseph Saunders as chief executive to replace Shailesh Mehta, who resigned after company reported 71 percent decline in third-quarter earnings; Providian's share price is down 94 percent in 2001 (S)
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PIER 1 IMPORTS RAISES ITS QUARTERLY PROFIT FORECAST
Date: 27 November 2001
By Bloomberg News
Bloomberg News
Pier 1 Imports raises its third-quarter profit forecast for second time, citing cites increased focus by consumers on their homes after Sept 11 terrorist attacks (S)
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Sale of U.S. Vision Falters
Date: 27 November 2001
By Bloomberg News
Bloomberg News
US Vision, which sells eyeglasses and contact lenses through JC Penney Co department stores, announces that Norob, acquisition company formed by some shareholders, has canceled agreement to buy company for about $24.9 million (S)
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Indiana Utility Deal
Date: 27 November 2001
By Bloomberg News
Bloomberg News
NiSource Inc, owner of Indiana's largest gas and electric utility, agrees to sell its Indianapolis Water division to City of Indianapolis for $515 million, meeting requirement for federal approval of its acquisition of Columbia Energy Group (S)
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Bank One Set to Hire 600
Date: 27 November 2001
By Bloomberg News
Bloomberg News
Bank One Corp will hire 600 people to develop computer systems and improve its World Wide Web customer service (S)
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