Nigeria's Press Bounces Back From Military Rule
Date: 21 February 2001
By Norimitsu Onishi
Norimitsu Onishi
Nigeria's newspapers have re-emerged with return to power of civilian government; at least five new papers have joined about 15 major dailies in last year, sealing victory of vibrant culture over military repression and security Nigeria's standing as West Africa's news media capital; photo (S)
Full Article
PUBLIC LIVES
Date: 21 February 2001
By James Barron With Jim Rutenberg and Linda Lee
James With
CNN television reporter John King suffers burned retinas, but no permanent damage, apparently while being filmed by NBC camera crew shared by various networks covering Pres Bush's first foreign trip; NBC says lights crew used were set up properly; former Mayor Edward I Koch, being treated for pneumonia at New York City hospital, jokes about his numerous hospital visits; Vogue magazine and Ellen Tracy fashion house hold fete honoring Natasha Richardson, Deborah Norville, Lisa Ling and others; United Way/NFL Partnership Gala honors former football great Y A Tittle; photo (M)
Full Article
SYBASE BUYING NEW ERA OF NETWORKS
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Sybase Inc., a maker of database software, agreed to buy New Era of Networks Inc. for about $373 million in stock to acquire New Era's programs for linking incompatible computer systems. Each common share of New Era, known as Neon, will be converted into 0.3878 share of Sybase common stock. That is about $9.50 a share, based on Sybase's closing price of $24.50 today. Neon shareholders would get a premium of about 37 percent; Neon stock last traded today at $6.94, up $1.19, before it was halted on Nasdaq. The shares have fallen about 91 percent in the last year. Sybase, based in Emeryville, Calif., said Neon would broaden its products aimed at doing business over the Internet. Sybase said that it expects the acquisition to be completed in the second quarter and to add to its earnings next year.
Full Article
ENERGY EAST BUYING ROCHESTER UTILITY
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Energy East Corp acquires RGS Energy Group Inc for $1.4 billion in cash and stock to add power and natural-gas customers in New York State (S)
Full Article
WILLIAMS AND KINDER MORGAN IN POWER PLANT DEAL
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Williams Companies, leading natural-gas pipeline operator, agrees to supply fuel for six natural gas-fired power plants being developed by Kinder Morgan Inc and then sell electricity that plants produce (S)
Full Article
IMAX CUTTING 13% OF ITS JOBS AS ORDERS SLOW
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Imax Corp, maker of big-screen projection systems, is eliminating 130 jobs, about 13 percent of its work force, to cut costs as orders from customers slow and earnings decline; will consolidate its sound and projection systems manufacturing at its headquarters in Mississauga, Ont (S)
Full Article
Exchange Hires Former Banking Official
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Chicago Board of Trade hires David Vitale, former vice chairman of Bank One Corp, to be its chief executive (S)
Full Article
Samsung to Sell Shares
Date: 20 February 2001
By Bloomberg News
Bloomberg News
Samsung's Samsung SDI unit plans to sell shares in its Malaysian unit (S)
Full Article
HALIFAX GROUP REPORTS PROFIT DECLINE
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Halifax Group says second-half profit fell 10 percent; net income fell to 541 million pounds ($781 million), from 602 million in second half of 1999; full-year profit rose 9.8 percent; photo (S)
Full Article
YAHOO EXPANDING WIRELESS SERVICE
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Yahoo starts to let users of Internet-enabled wireless telecommunications devices search for localized information (S)
Full Article