AMERCO PROPOSES CASH PAYMENTS TO CREDITORS
Date: 14 November 2003
By Bloomberg News
Bloomberg News
Amerco Inc, owner of U-Haul truck-rental business, agrees to use cash and notes to pay bondholders and other creditors $714.6 million they are owed (S)ÿ
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VIRBAC DELAYS RESULTS TO REVIEW ITS ACCOUNTING
Date: 14 November 2003
By Bloomberg News
Bloomberg News
Virbac Corp, provider of health care products for pets, will delay reporting third-quarter results after its auditor PricewaterhouseCoopers questions some accounting practices (S)
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ALLIED WASTE TO SELL BUSINESSES FOR $120 MILLION
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Allied Waste Industries to sell businesses in northern and central Florida to Capital Environmental Resource Inc of Ontario for $120 million (S)
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A.I.G. SAYS RULE CHANGE WILL COST $200 MILLION
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Insurer American International Group says new accounting rule adopted by American Institute of Certified Public Accountants will cost company $200 million in first-quarter profit; rule change requires insurers to establish reserves for paying death benefits and other guarantees for clients' whose premiums are invested in mutual funds (S)
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AT&T WIRELESS INCREASES PLANNED JOB CUTS TO 1,900
Date: 15 November 2003
By Bloomberg News
Bloomberg News
AT&T Wireless Services Inc increases its planned job cuts to 1,900 from 1,500 (S)
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Retail Sales Decline 0.3%; Industrial Output Rises 0.2%
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Commerce Department reports total retail sales fell 0.3 percent in October, to $318.8 billion, after revised 0.4 percent decrease in September; Federal Reserve says industrial production rose 0.2 percent after increasing revised 0.5 percent in September; adds industrial capacity increased to 75 percent from 74.8 percent; University of Michigan's consumer sentiment index rose to 93.5 in November; Labor Department reports producer price index rose 0.8 percent; graphs (M)
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Settlement for Coral Power
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Coral Power, unit of Royal Dutch/Shell Group, pays $7.79 million to settle federal regulatory charge that it manipulated prices in California's electricity market in 2000; admits no wrongdoing; Federal Energy Regulatory Commission must approve settlement (S)
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World Business Briefing | Europe: Sweden: Insurer Names Executive
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Swedish insurer Skandia names Hans-Erik Andersson new chief executive, succeeding Leif Victorin, who was named interim chief executive after Lars-Eric Petersson was fired in April (S)
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World Business Briefing | Europe: France: Sales Fall At Havas
Date: 14 November 2003
By Bloomberg News
Bloomberg News
French advertising agency Havas says sales fell 16 percent to 373 million euros ($435 million) from 443 million euros year earlier (S)
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Earnings Are Up 21% at Dell
Date: 14 November 2003
By Bloomberg News
Bloomberg News
Dell Inc says third-quarter profit rose 21 percent as sales exceeded $10 billion for first time; net income rose to $677 million from $561 million year earlier; sales gained 16 percent, to $10.62 billion from $9.14 billion (M)
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