GRACO, EQUIPMENT MAKER, BUYS 2 OPERATIONS OF NUFLO
Date: 05 February 2005
By Bloomberg News
Bloomberg News
Graco, maker of lubrication equipment for Nascar vehicles, purchases fluid-control equipment makers Gusmer Corp for $45 million and Gusmer Europe for $20 million from NuFlo Technologies (S)
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BALLY HIRES BLACKSTONE TO ADVISE ON STRATEGY
Date: 04 February 2005
By Bloomberg News
Bloomberg News
Bally Total Fitness Holding Corp, which has not filed financial statements since first quarter of 2004, says it has hired Blackstone Group to advise on turnaround strategy that may involve selling some assets; company is restating its financial results from 2000 through 2003 and first quarter of 2004 after internal probe of its accounting found errors (S)
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GILLETTE PROFIT INCREASED 13% IN FOURTH QUARTER
Date: 04 February 2005
By Bloomberg News
Bloomberg News
Gillette Co reports fourth-quarter profit rose 13 percent; net income increased to $415 million from $368 million year earlier; sales rose 19 percent, to $3.11 billion (S)
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SEARS HOLDINGS IS RATED BELOW INVESTMENT GRADE
Date: 04 February 2005
By Bloomberg News
Bloomberg News
Standard & Poor's Corp's Rating Service says Sears Holdings Corp, company formed by Kmart's acquisition of Sears, Roebuck & Co, will be rated one level below investment grade (S)
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TEXAS PACIFIC MAKES BID FOR BRITISH VITA
Date: 04 February 2005
By Bloomberg News
Bloomberg News
Texas Pacific Group makes unsolicited cash offer of about 634 million pounds ($1.2 billion) for British Vita, maker of foam rubber (S)
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PEPSICO TO ADD LIME COLAS IN RESPONSE TO COKE MOVES
Date: 05 February 2005
By Bloomberg News
Bloomberg News
PepsiCo, following move by Coca-Cola, plans to introduce lime versions of Pespi and Diet Pepsi in late April or May (S)
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D&B TO CUT 400 MORE JOBS IN REORGANIZATION
Date: 04 February 2005
By Bloomberg News
Bloomberg News
D&B Corp will cut additional 400 jobs globally in 2005 as part of reorganization that began in 2000 (S)
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BRITISH VITA REJECTS TAKEOVER BID FROM TEXAS PACIFIC
Date: 05 February 2005
By Bloomberg News
Bloomberg News
British Vita, maker of foam rubber, rejects Texas Pacific Group's unsolicited takeover bid of about 64 million pounds sterling ($1.2 billion) (S)
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BOEING GETS $2.1 BILLION IN ORDERS FROM ETHIOPIA AND JAPAN
Date: 05 February 2005
By Bloomberg News
Bloomberg News
Boeing wins preliminary order for five 787 aircraft, worth $600 million, from Ethiopian Airlines and order from Japan Airlines for 30 of its 737's, worth $1.5 billion (S)
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World Business Briefing | Europe: France: Bank's Profit Rises
Date: 04 February 2005
By Bloomberg News
Bloomberg News
BNP Paribas says fourth-quarter profit rose 2.7 percent on higher revenue; net income rose to 952 million euros ($1.24 billion) from 927 million euros; revenue rose 12 percent, to 4.92 billion euros (S)
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