Earnings Increase 7.8% at News Corp.
Date: 12 August 2004
By Bloomberg News
Bloomberg News
News Corp says fiscal fourth-quarter profit rose 7.8 percent; net income rose to $399 million from $370 million year earlier; sales rose to $5.52 billion (M)
Replay Donnerstag, 12. August 2004
Der 12. August 2004 war ein Donnerstag unter dem Sternzeichen ♌. Es war der 224. Tag des Jahres. Präsident der Vereinigten Staaten war George W. Bush.
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12th of August 2004 News
Nachrichten, wie sie auf der Titelseite der New York Times am 12. August 2004 erschienen
Washington Post Rethinks Its Coverage of War Debate
Date: 13 August 2004
By Jacques Steinberg
Jacques Steinberg
Washington Post executive editor Leonard Downie Jr says he and other top editors erred before Iraq war by not giving front-page prominence to more articles that cast doubt on Bush administration's claims that Saddam Hussein was hiding weapons of mass destruction; Post article is one of several that have appeared in recent months in which news organizations have begun to publicly second-guess their war coverage; news organizations, formerly reluctant to admit mistakes, find they are subject to more scrutiny (M)
Times Reporter Is Subpoenaed In Leak Case
Date: 13 August 2004
By Adam Liptak
Adam Liptak
New York Times reporter Judith Miller is subpoenaed by Washington grand jury investigating disclosure of identity of CIA agent to syndicated columnist Robert Novak and other journalists; Times publisher Arthur Sulzberger Jr says paper will move to quash subpoena, most recent in series issued to journalists in politically sensitive inquiry; Times lawyers say paper expects to be served with separate subpoena for records and say they will fight that, too (M)
Bush's Own Goal
Date: 13 August 2004
By Paul Krugman
Paul Krugman
Paul Krugman Op-Ed column charges that Bush campaign ads push theme of 'ownership society' to provide 'pseudopopulist cover' to policies that are, in reality,' highly elitist'; cites Bush tax cuts, which Krugman contends not only favor the very, very well off, but also favor investment income over earned income, even though vast majority of Americans derive their income primarily from wages; says if 'ownership society' means anything, it means spreading investment income more widely; holds that Bush campaign is short on specifics about that goal; says Bush plans to renew his call for partial privatization of Social Security; holds that idea makes no sense; hopes press does better job in 2004 than it did in 2000 in pressing him on this plan (M)
GENERAL ELECTRIC WILL ACQUIRE BANK IN MOSCOW
Date: 12 August 2004
By Bloomberg News
Bloomberg News
General Electric Co acquires Moscow-based DeltaBank; financial terms undisclosed (S)
NATIONAL-OILWELL TO BUY VARCO INTERNATIONAL
Date: 13 August 2004
By Bloomberg News
Bloomberg News
National-Oilwell, maker of oil and gas drilling equipment, acquires Varco International for about $2.4 billion in stock (S)
AMERICAN SEAFOODS DELAYS INITIAL PUBLIC OFFERING
Date: 13 August 2004
By Bloomberg News
Bloomberg News
American Seafoods Corp postpones its initial public stock offering, citing 'adverse market conditions' (S)
AMERICAN SEAFOODS LOWERS PRICE ON SECURITY OFFERING
Date: 12 August 2004
By Bloomberg News
Bloomberg News
American Seafoods Corp cuts price of its initial public offering of new hybrid security by about 20 percent, as demand for new stock declines; plans to raise up to $430.3 million by selling 30.7 million income deposit securities at $13.50 to $14 each (S)
MACE SECURITY INTERNATIONAL IS BEING REVIEWED BY S.E.C.
Date: 13 August 2004
By Bloomberg News
Bloomberg News
Mace Security International says Securities and Exchange Commission inquires about company's dealings with investor Price Legacy Corp; wants information and documents relating to Price Legacy's sale of 1.88 million Mace shares; also wants information on Price Legacy's payment of $8.95 million to Mace in exchange for comapny's removal of sales restriction from 1.75 million of shares that were sold (S)
GENERAL MEDIA'S PLAN TO LEAVE BANKRUPTCY IS APPROVED
Date: 13 August 2004
By Bloomberg News
Bloomberg News
US Bankruptcy Judge Stuart M Bernstein approves plan by General Media, publisher of Penthouse magazine, to leave bankruptcy by transferring ownership of company to its bondholders from its parent Penthouse International; Penthouse International, which owns 100 percent of General Media's common stock, will not receive anything; Penthouse opposes plan and may seek to have it overturned (S)
BRINKER SAYS INCOME WILL NOT MEET ANALYSTS' FORECASTS
Date: 12 August 2004
By Bloomberg News
Bloomberg News
Brinker International Inc says income in its fiscal first quarter ended Sept 29 will be 45 cents to 47 cents, less than analysts' estimates; says uincome rose 60 percent in its fourth quarter from year earlier, to $64.5 million; sales rose 16 percent, to $1 billion (S)
F.D.A. ALLOWS EPILEPSY DRUG TO BE SOLD FOR MIGRAINES
Date: 13 August 2004
By Bloomberg News
Bloomberg News
Johnson & Johnson receives Food and Drug Administration approval to market its Topamax epilepsy pills for preventing migraine headaches (S)
INTERSTATE BAKERIES WILL DELAY FILING OF ANNUAL REPORT
Date: 12 August 2004
By Bloomberg News
Bloomberg News
Interstate Bakeries is delaying filing its annual report with Securities and Exchange Commission because it is restating earnings for its second and third quarters (S)