BOLDFACE NAMES
Date: 10 July 2002
By James Barron
James Barron
Sam Mendes's new movie Road to Perdition, starring Tom Hanks, opens; Jon Stewart's The Daily Show will be seen on CNN International starting this fall; Pres Bush faces stiff competition for attention of audience during his speech at Regent Wall Street Hotel from dazzling chocolate dessert; Kathryn Morris, who plays Tom Cruise's wife in movie Minority Report, recalls when former Pres Bill Clinton stopped by set, upstaging Cruise and director Steven Spielberg; Spielberg and Kate Capshaw give $12 million to keep horse riding area in Los Angeles near their home as it is; other celebrity philanthropic efforts discussed; photos (M)
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UNITED PARCEL SHIPMENTS FELL, BUT IT MET ESTIMATES
Date: 11 July 2002
By Bloomberg News
Bloomberg News
United Parcel Service's shipments in US fell 2.6 percent in second quarter as customers began shifting business to rivals in case there is Teamsters union strike at United Parcel; contract expires on July 31 (S)
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ICAHN RAISES BID IN CONTEST FOR MORTON'S RESTAURANTS
Date: 11 July 2002
By Bloomberg News
Bloomberg News
Carl C Icahn raises his bid for Morton's Restaurant Group to $71.2 million, topping Castle Harlan's agreement to buy company for $67 million (S)
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STAPLES TO BUY MEDICAL ARTS FOR $385 MILLION
Date: 10 July 2002
By Bloomberg News
Bloomberg News
Staples Inc agrees to buy direct marketer Medical Arts Press Inc for $385 million; Medical Arts, unit of equity investment firm Freeman Spogli & Co, sells items like medical file folders (S)
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ANDRX GETS TENTATIVE F.D.A. APPROVAL FOR GENERIC DRUG
Date: 10 July 2002
By Bloomberg News
Bloomberg News
Andrx Corp says Food and Drug Administration has granted tentative approval of its generic version of extended-release allergy medicine Claritin, made by Schering-Plough; Schering's patent on drug does not expire until Dec 19, and Andrx cannot get final regulatory approval until Dec 20 (S)
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HOME DEPOT SETTLES MICHIGAN CHALLENGE ON ITEM PRICING
Date: 11 July 2002
By Bloomberg News
Bloomberg News
Home Depot will pay as much as $500,000 to settle claims it violated Michigan law requiring retailers to mark individual prices on goods; Michigan Atty Gen Jennifer M Granholm says retailer also agrees to put in place policies at its 45 Michigan stores to make it easier for customers to make sure they are charged correct prices at cash register (S)
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FLORIDA DROPS 2 INQUIRIES ON ECKERD, COMPANY SAYS
Date: 11 July 2002
By Bloomberg News
Bloomberg News
Eckerd drugstore chain says Florida has ended two investigations of company, one into its handling of customers' medical information and one into its prescription drug pricing; Florida Atty Gen Bob Butterworth says one inquiry centered on whether company adequately informed customers that they were authorizing release of information for marketing purposes by signing prescription pickup forms; company does not admit any wrongdoing but changes its handling forms; Butterworth also drops investigation of claims that Eckerd had overcharged customers for prescriptions (S)
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SUNGARD TO BUY BRUT TRADING SYSTEM FOR $100 MILLION
Date: 10 July 2002
By Bloomberg News
Bloomberg News
SunGard Data Systems Inc agrees to buy electronic trading system Brut for $100 million to extend its reach into Nasdaq stock market trading; is acquiring 78.5 percent of Brut it does not already own from 25 broker-dealers (S)
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JONES APPAREL TO BUY L.E.I. JEANS FOR $310 MILLION
Date: 11 July 2002
By Bloomberg News
Bloomberg News
Jones Apparel Group says it will buy RSV Sport, maker of l.e.i. jeans for women and girls, for $310 million; RSV chief executive Mel Geliebter will become chief executive of Jones' Sun Apparel private-label division (S)
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MUNICH RE PUTS $2 BILLION MORE INTO ITS AMERICAN RE UNIT
Date: 11 July 2002
By Bloomberg News
Bloomberg News
Munich Re, world's largest reinsurer, says it put $2 billion into its unprofitable American Re unit; Munich Re chief financial officer Jorg Schneider says American Re is in 'deep red'; parent company sets aside $500 million for potential losses from terrorist attacks and says it sees no need to put more cash into American unit; Munich Re put $1 billion into American Re in November (S)
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