China's New Culture Starting To Take Shape, Minister Says
Date: 08 September 2000
By Edward Wong
Edward Wong
Chinese culture minister, Sun Jiazheng, in New York for UN summit meeting, says that there are two sides to global culture and that, while China has opened up its cultural market, its market economic system is but newly established; trumpets foreign investment opportunities in China's electronic media, but stresses that Internet and other sectors will have to open gradually, with government monitoring of content (M)
Full Article
ASSETS OF CRIME NEWS SITE ACQUIRED
Date: 08 September 2000
By Bloomberg News
Bloomberg News
SafetyTips.com acquires assets of APBnews.com for $575 million in US Bankruptcy Court (S)
Full Article
REGULATORS CLEAR PURCHASE OF AXENT BY SYMANTEC
Date: 07 September 2000
By Bloomberg News
Bloomberg News
Symantec Corp, largest maker of computer security software, says plan to buy rival Axent Technologies has met with no objections from antitrust agencies (S)
Full Article
TRW SAYS EARNINGS WILL BE WELL BELOW EXPECTATIONS
Date: 08 September 2000
By Bloomberg News
Bloomberg News
TRW Inc says third-quarter profit will be below forecasts by 19 to 24 cents a share (S)
Full Article
NORTHROP ACQUIRING CARLYLE'S FEDERAL DATA UNIT
Date: 07 September 2000
By Bloomberg News
Bloomberg News
Northrop Grumman agrees to buy Federal Data Corp from Carlyle Group, private investment firm, for about $302 million to strengthen its information-technology business; Federal Data provides computer networking to government agencies (S)
Full Article
LITTON INDUSTRIES SAYS PROFIT WILL MISS FORECASTS
Date: 07 September 2000
By Bloomberg News
Bloomberg News
Litton Industries, which builds ships for the Navy, says profit in current quarter and rest of fiscal 2001 will be below forecasts because of cost overruns on warships and tankers; company's shares plunge 24 percent (S)
Full Article
BB&T AGREES TO BUY FIRSTSPARTAN FINANCIAL
Date: 07 September 2000
By Bloomberg News
Bloomberg News
BB&T Corp agrees to buy FirstSpartan Financial Corp for $103.9 million in stock (S)
Full Article
MARTIN MARIETTA MATERIALS BUYING REST OF MERIDIAN
Date: 07 September 2000
By Bloomberg News
Bloomberg News
Martin Marietta Materials Inc will buy remaining stake in Meridian Aggregates Co, producer of crushed stone, for $193 million (S)
Full Article
CIRCUIT CITY SAYS REVAMPING WILL CUT INTO EARNINGS
Date: 08 September 2000
By Bloomberg News
Bloomberg News
Circuit City Group says fiscal second-quarter profit at its consumer electronics stores will be hurt because of costs to leave appliance business were greater than expected (S)
Full Article
NORDSTROM TO BUY FACONNABLE, A TOP SELLER IN ITS STORES
Date: 07 September 2000
By Bloomberg News
Bloomberg News
Nordstrom Inc will buy the French clothing company Faconnable SA (S)
Full Article