World Briefing | Middle East: Iran: 2 More Reformist Newspapers Banned
Date: 09 August 2002
By Nazila Fathi (NYT)
Nazila NYT
Iran court shuts down two pro-reform newspapers, Rouz-e No and Ayeneh Jonoub, and jails Hashem Aghajeri on charges of insulting Prophet Muhammed in speech; lawyer Nasser Zarafshan, who represents family of two dissidents, is also jailed (S)
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BJ's MISSES FORECASTS, AND SHARES DECLINE
Date: 09 August 2002
By Bloomberg News
Bloomberg News
BJ's Wholesale Club shares fall 18 percent after it reports that second-quarter profit will be about 50 cents, not 52 to 54 cents that was projected, and that results for year will also miss estimates (S)
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AGREEMENT ON ASBESTOS CLAIMS LIFTS McDERMOTT
Date: 09 August 2002
By Bloomberg News
Bloomberg News
McDermott International, reaches preliminary agreement on asbestos claims against its Babcock & Wilcox unit (S)
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BUREAU VERITAS TO ACQUIRE U.S. LABORATORIES
Date: 10 August 2002
By Bloomberg News
Bloomberg News
Bureau Veritas will buy US Laboratories Inc for about $83 million in cash to enter American construction consulting market (M)
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EMULEX SAYS SALES WILL FALL SHORT OF ESTIMATES
Date: 10 August 2002
By Bloomberg News
Bloomberg News
Circuit-board maker Emulex Corp says that sales in current fiscal year will be below analysts' estimates; company's stock plunges (S)
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DISNEY SAYS IT EMPLOYED RELATIVES OF 4 DIRECTORS
Date: 10 August 2002
By Bloomberg News
Bloomberg News
Walt Disney Co says four of its independent board members had relatives who were employed by company in 2001; practice runs counter to proposed new standards of independence for directors (S)
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FLIGHT ATTENDANTS GIVE CONCESSIONS TO US AIRWAYS
Date: 10 August 2002
By Bloomberg News
Bloomberg News
Flight attendants at US Airways Group vote to give company $78.5 million per year in concessions, moving airline closer to winning federal loan guarantee; airline agrees to cut no more flight attendant jobs if it enters bankruptcy (S)
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BANKNORTH WILL BUY WARREN BANCORP FOR $122 MILLION
Date: 09 August 2002
By Bloomberg News
Bloomberg News
Banknorth Group agrees to buy Warren Bancorp for $122.6 million in cash and stock to add six banks in Massachusetts (S)
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SUN EXECUTIVES BORROWED MONEY FROM THE COMPANY
Date: 10 August 2002
By Bloomberg News
Bloomberg News
Sun Microsystems Inc discloses that five executives and a director borrowed $6.3 million in personal loans that would be barred under corporate-accountability law enacted recently; two of loans, totaling $3 million, were made just prior to law's taking effect (S)
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HONEYWELL TO BUY ULTRAK'S CLOSED-CIRCUIT TV UNIT
Date: 09 August 2002
By Bloomberg News
Bloomberg News
Honeywell International plans to buy Ultrak's closed-circuit television business for $36 million in cash plus trade liabilities to expand security controls and sensors it offers (S)
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