WARBURG PINCUS BUYING FILTER PRODUCER
Date: 03 February 2004
By Bloomberg News
Bloomberg News
Warburg Pincus acquires Polypore, maker of filters used in medical devices and cellular telephone batteries, from rival GTCR Golder Rauner and InterTech Group for $1.1 billion (S)
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ACTIVCARD CHIEF RESIGNS IN DISPUTE WITH BOARD
Date: 04 February 2004
By Bloomberg News
Bloomberg News
ActivCard Corp says chief executive George Garrick resigned in dispute with board over strategy after four months with company (S)
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HEINZ IS SEEKING TO REPLACE CHIEF WHO WILL RESIGN
Date: 04 February 2004
By Bloomberg News
Bloomberg News
H J Heinz Co says Neil Harrison, chief executive of Heinz North America, will leave company to pursue other interests; company is seeking successor (S)
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WENDY'S CUTS ITS EARNINGS OUTLOOK FOR YEAR
Date: 03 February 2004
By Bloomberg News
Bloomberg News
Wendy's International says earnings this year will rise to at least $2.27 per share, less than analyts expected, because of higher beef costs and expenses from proposed new stock-compensation plan; also lowers its profit growth goal to 11 percent to 13 percent annually from 12 percent to 15 percent; doubles its annual dividend, to 48 cents (S)
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HUMAN GENOME SCIENCES DROPS EXPERIMENTAL DRUG
Date: 03 February 2004
By Bloomberg News
Bloomberg News
Human Genome Sciences, developer of medicine to treat cancer, says it will end work on its repifermin drug after study fails to show it helped reduce mouth sores in chemotherapy patients (S)
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S.E.C. WARNS GENERAL MILLS OF POSSIBLE SUIT
Date: 04 February 2004
By Bloomberg News
Bloomberg News
General Mills receives notice from Securities and Exchange Commission that it might be used in civil case related to its sales and accounting practices; notice also covers chief executive Stephen Sanger and chief financial officer James Lawrence (S)
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JUDGE AWARDS FLEETBOSTON $63.7 MILLION IN LAWSUIT
Date: 04 February 2004
By Bloomberg News
Bloomberg News
FleetBoston Financial Corp will get $63.7 million from Advanta Corp to compensate for overpaying for credit-card unit; sued in state court in Wilmington, Del, in 1999, claiming Advanta understated liabilities and failed to disclose interest-rate coding problems on accounts; FleetBoston acquired unit for $532 million in assumed debt in 1998 (S)
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CONSULTING COMPANY MAKES $90 MILLION ACQUISITION
Date: 03 February 2004
By Bloomberg News
Bloomberg News
Navigant Consulting acquires Tucker Alan for $90 million to add litigation services (S)
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VARCO TO CUT 200 JOBS BECAUSE OF POOR SALES
Date: 04 February 2004
By Bloomberg News
Bloomberg News
Varco International, which announced last week that it was quitting oil-rig fabrication business, is cutting 200 jobs because of decreasing sales; reports fourth-quarter net income fell 79 percent to $4.6 million from $21.4 million year earlier; sales fell 14 percent to $349.7 million from $354.5 millionyear ago (S)
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Technology Briefing | Telecommunications: PanAmSat To Transmit Fox Programming
Date: 04 February 2004
By Bloomberg News
Bloomberg News
PanAmSat Corp will transmit programming for News Corp's Fox television networks, raising speculation that News Corp will sell its controlling stake in PanAmSat (S)
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