World Business Briefing | Europe: Britain: News Consortium
Date: 01 August 2001
By Suzanne Kapner (NYT)
Suzanne NYT
Consortium that includes British Sky Broadcasting,CBS and Bloomberg News reports bidding on four-year contract to supply news to British television network ITV; ITN, present supplier, bids to renew pact; is owned by Carlton Communications and Granada, main ITV shareholders (S)
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Commission Urges Overhaul of Election System
Date: 31 July 2001
By Katharine Q. Seelye
Katharine Seelye
Commission headed by former Presidents Jimmy Carter and Gerald Ford will recommend major overhaul of nation's election system in response to electoral turmoil in Florida during 2000 Presidential Election; recommends legislation, if necessary, to bar news organizations from projecting winners until polls close in all contiguous 48 states; proposes that Election Day be made national holiday (M)
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BERKSHIRE HATHAWAY TO ACQUIRE XTRA
Date: 01 August 2001
By Bloomberg News
Bloomberg News
Berkshire Hathaway Inc, investment vehicle of Warren E Buffett, agrees to buy Xtra Corp, container leasing company, for about $590 million (S)
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ENGELHARD WILL ELIMINATE JOBS AND TAKE A CHARGE
Date: 01 August 2001
By Bloomberg News
Bloomberg News
Engelhard Corp, maker of catalysts that reduce emissions from vehicles and industrial processes, will cut 200 jobs, mostly in Georgia, as part of plan to increase its petroleum-refining catalyst business (S)
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RESTATEMENT BY PRE-PAID LEGAL REDUCES EARNINGS
Date: 01 August 2001
By Bloomberg News
Bloomberg News
Pre-Paid Legal Services restates financial statements for last two years, wiping out more than half its profit, after Securities and Exchange Commission says provider of legal insurance improperly recorded some commissions paid as assets (S)
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PROMOTIONAL PRODUCTS COMPANY FILES FOR CHAPTER 11
Date: 31 July 2001
By Bloomberg News
Bloomberg News
HA-LO Industries, distributor of promotional products, files for Chapter 11 bankruptcy protection (S)
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FUEL EQUIPMENT COMPANY BUYING DANISH MANUFACTURER
Date: 31 July 2001
By Bloomberg News
Bloomberg News
Roper Industries to buy Struers Holdings, maker of testing equipment, for $139 million (S)
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PHELPS DODGE IS EXPECTING THIRD CONSECUTIVE LOSS
Date: 01 August 2001
By Bloomberg News
Bloomberg News
Phelps Dodge Corp expects loss of $1.10 to $1.20 a share in third quarter because of weakening copper demand (S)
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JOINT VENTURE IS FORMED TO MAKE SWISS ARMY WATCHES
Date: 31 July 2001
By Bloomberg News
Bloomberg News
Victorinox, maker of Swiss Army Knife, and Swiss Army Brands form Victorinox Swiss Army Watch to sell Swiss Army brand of watches outside United States, Canada and Caribbean (S)
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MGM MIRAGE TRYING TO ACQUIRE ILLINOIS CASINO COMPANY
Date: 31 July 2001
By Bloomberg News
Bloomberg News
MGM Mirage says it negotiates to buy Emerald Casino, which seeks to build casino near Chicago (S)
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