WENDY'S CUTS ITS PROFIT FORECAST FOR 2003
Date: 04 February 2003
By Bloomberg News
Bloomberg News
Wendy's International cuts its 2003 profit forecast because of falling prices, rising costs and less spending by customers; sales at company-owned restaurants open at least one year in US declined 3.5 percent in January (S)
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NESTLÉ BUYS BOTTLED WATER UNIT OF HUTCHISON WHAMPOA
Date: 04 February 2003
By Bloomberg News
Bloomberg News
Nestle, bottler of Perrier mineral water, acquires Powwow bottled water division of Hutchison Whampoa for 560 million euros ($604 million) in cash and debt (S)
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OIL PRODUCER MAKES $333 MILLION ACQUISITION
Date: 04 February 2003
By Bloomberg News
Bloomberg News
Plains Exploration and Production Co acquires 3TEC Energy Corp for $333 million in cash and stock to expand its holdings of drilling properties (S)
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FNB BUYS BANKING GROUP TO EXPAND IN TAMPA BAY AREA
Date: 04 February 2003
By Bloomberg News
Bloomberg News
FNB Corp agrees to buy Charter Banking Corp for $150.3 million to expand in Tampa Bay, Fla (S)
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CNN's Anchor Was Caught At Golf Event
Date: 04 February 2003
By Bill Carter
Bill Carter
Aaron Brown, who has anchored much of CNN coverage of major breaking news events for last 18 months, is at golf tournament in California at time of space shuttle Columbia disaster; finally appears on screen more than 36 hours after news of shuttle catastrophe breaks (S)
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Technology Briefing | Telecommunications: Worldcom Will Cut 5,000 More Jobs
Date: 04 February 2003
By Bloomberg News
Bloomberg News
WorldCom Inc will cut 5,000 more jobs, or 8.3 percent of its work force, as part of plan to emerge from bankruptcy protection by third quarter; will also close offices and reduce line costs, or fees paid for network use, by 12.5 percent (S)
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Robbins Has Bipolar Disorder
Date: 04 February 2003
By Bloomberg News
Bloomberg News
Oakland Raiders center Barret Robbins says he has been diagnosed with bipolar disorder after checking into hospital when team suspended him for missing Super Bowl practices (S)
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World Business Briefing | Australia: Australia: Wine Executive Dismissed
Date: 04 February 2003
By Bloomberg News
Bloomberg News
Southcorp, Australia's biggest winemaker, fires chief executive Keith Lambert; photo (S)
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Daughter of Welles Seeks 'Kane' Profits
Date: 03 February 2003
By Bloomberg News
Bloomberg News
Beatrice Welles, daughter of maker of film Citizen Kane in 1941, sues AOL Time Warner Inc; seeks profits from father Orson Welles' work; he died in 1985 (M)
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This Time, NASA Gives Access and Instant Answers
Date: 04 February 2003
By Jim Rutenberg
Jim Rutenberg
NASA's investigation of space shuttle Columbia disaster is more open and agency is presenting different, less-veiled face than it did 17 years ago following destruction of Challanger space shuttle; as questions about necessity of manned space travel are raised anew, NASA's openness could help it take some of edge off criticism of its operations; Sean O'Keefe, NASA administrator, has been regular presence on news programs since disaster struck and other NASA officials have been holding two news briefings a day, answering most questions thrown their way; by contrast, in weeks and months after Challenger disaster NASA refused to answer even most basic questions; photo (M)
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Mattel's Profit Is Up by 35%, Led by Sales Of Barbies
Date: 04 February 2003
By Bloomberg News
Bloomberg News
Mattel Inc says fourth-quarter profit rose 35 percent; net income climbed to $186.1 million from $138 million year earlier; sales increased 6.9 percent, to $1.67 billion (M)
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National Briefing | Washington: A Vote To Strike
Date: 04 February 2003
By Bloomberg News
Bloomberg News
Teamsters union says workers voted overwhelmingly to strike against Roadway Corp, Yellow Corp. Arkansas Best Corp and unit of USFreightways Corp if sides fail to reach agreement on contract by Mar 31; companies are among country's largest trucking firms; union represents 65,000 workers (S)
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