ORMET, AN ALUMINUM PRODUCER, EXITS BANKRUPTCY
Date: 02 April 2005
By Bloomberg News
Bloomberg News
Ormet Corp, closely held aluminum producer, exits bankruptcy protection under court-approved reorganization plan; former creditors, led by investment group MatlinPatterson Asset Management, will become shareholders under plan (S)
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NORTH CASTLE TO BUY ADDICTION TREATMENT CENTER
Date: 02 April 2005
By Bloomberg News
Bloomberg News
North Castle Partners acquires Sierra Tucson, treatment center for substance abuse, gambling and sexual misbehavior, for more than $100 million (S)
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IDT TO OPEN CENTER IN IRELAND WITH 300 JOBS
Date: 01 April 2005
By Bloomberg News
Bloomberg News
IDT Corp, provider of calling cards and phone services, will create 300 jobs at customer service center in Ireland for its European phone business Toucan (S)
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G.E. IN VENTURE WITH CHINESE MAKER OF UTILITY CONTROLS
Date: 01 April 2005
By Bloomberg News
Bloomberg News
General Electric forms joint venture with Shanghai Xin Hua Control Technologies Co to expand production of power plant control systems in China; financial terms undisclosed (S)
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BEST BUY PROFIT FOR FISCAL YEAR TO MISS ESTIMATES
Date: 02 April 2005
By Bloomberg News
Bloomberg News
Best Buy Co says its profit this fiscal year will be below some analysts' estimates, driving its shares lower by 6 percent (S)
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SEARS HOLDINGS TO LAY OFF AT LEAST 250 AT HEADQUARTERS
Date: 02 April 2005
By Bloomberg News
Bloomberg News
Sears Holdings Corp, created by Kmart Holding Corp's purchase of Sears, Roebuck & Co, will lay off at least 250 workers at its headquarters in Hoffman Estates, Ill, as company streamlines operations (S)
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SEARS ADDS WOMEN'S CLOTHING DESIGNED BY MAX AZRIA
Date: 01 April 2005
By Bloomberg News
Bloomberg News
Sears Holdings Corp will begin selling women's clothing brand by designer Max Azria to bolster declining apparel sales at its Sears department stores (S)
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KODAK DELAYS ANNUAL REPORT ON TAX ACCOUNTING ISSUES
Date: 01 April 2005
By Bloomberg News
Bloomberg News
Eastman Kodak Co has delayed filing its annual report with Securities and Exchange Commission because of issues related to accounting for taxes; filing will be made no later than early next week (S)
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AKZO ENDS DEAL TO SELL DRUG MADE BY JOHNSON & JOHNSON
Date: 01 April 2005
By Bloomberg News
Bloomberg News
Akzo Nobel, Dutch chemical and drug maker, ends agreement with Johnson & Johnson to sell antipsychotic drug Risperdal in Europe, Argentina and Brazil, saying it is working on competing drugs with Pfizer Inc (S)
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COCA-COLA AND GREEK BOTTLER BUY RUSSIAN JUICE MAKER
Date: 01 April 2005
By Bloomberg News
Bloomberg News
Coca-Cola Co and its Greek bottling unit, Coca-Cola Hellenic Bottling Co, will buy Russian juice company, Multon, to increase market share outside US; financial terms undisclosed (S)
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