TIVO AND SONICBLUE AGREE TO DROP PATENT LAWSUITS
Date: 09 November 2002
By Bloomberg News
Bloomberg News
TiVo Inc and Sonicblue agree to drop patent infringement lawsuits against each other related to technology for recording television programs on hard disk (S)
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SAFEWAY LOWERS EARNINGS FORECAST AMID COMPETITION
Date: 09 November 2002
By Bloomberg News
Bloomberg News
Safeway Inc lowers its forecast for earnings growth over next several years as result of competition with discounters; shares fall $2.60, to $20 a share; says fourth-quarter earnings will be 78 cents to 80 cents a share, falling short of analysts' 82-cents expectation (S)
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SOFTWARE MAKER TO BE BOUGHT BY PRIVATE EQUITY FIRMS
Date: 09 November 2002
By Bloomberg News
Bloomberg News
Software maker Prophet 21 Inc agrees to be bought by Thoma Cressey Equity Partners and LLR Partners for about $63 million in cash (S)
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SHARES OF ICN JUMP AFTER NEW EXECUTIVES ARE NAMED
Date: 08 November 2002
By Bloomberg News
Bloomberg News
Share price of ICN Pharmaceuticals jumps sharply after company names Robert W O'Leary permanent chairman and chief executive, Timothy C Tyson president and chief operating officer and Bary G Bailey chief financial officer (S)
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CREDIT SUISSE FIRST BOSTON NAMES FINANCIAL OFFICER
Date: 08 November 2002
By Bloomberg News
Bloomberg News
Credit Suisse First Boston hires Barb ra A Yastine as chief financial officer (S)
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NRG SAYS CHAPTER 11 BANKRUPTCY FILING IS POSSIBLE
Date: 09 November 2002
By Bloomberg News
Bloomberg News
Power-generation division of Xcel Energy Inc, NRG Energy Inc, says that it could seek Chapter 11 bankruptcy protection as part of plan to restructure finances and settle with creditors; defaulted on $850 million of bonds recently and began discussions on restructuring $10.2 billion of debt (S)
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NETRO, MAKER OF WIRELESS EQUIPMENT, TO LAY OFF 130
Date: 08 November 2002
By Bloomberg News
Bloomberg News
Netro Corp, maker of equipment for high-speed wireless Internet access, will lay off about 130 employees, more than half of its remaining work force; will pare costs by about 45 percent (S)
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DIGENE, MAKER OF CANCER TESTS, EXPECTS WIDER LOSS
Date: 08 November 2002
By Bloomberg News
Bloomberg News
Digene Corp expects its second-quarter loss to exceed analysts' forecasts (S)
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MIRANT SAYS PROFITS WERE OVERSTATED BY $41 MILLION
Date: 08 November 2002
By Bloomberg News
Bloomberg News
Energy trader Mirant says that bookkeeping errors caused it to overstate profit by $41 million since 1999 and that federal prosecutors continue investigating its accounting and that of rivals (S)
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World Business Briefing | Europe: Belgium: Telecom Executive Dies
Date: 09 November 2002
By Bloomberg News
Bloomberg News
John Goossens, 57-year-old chief executive of Belgian state-owned phone company Belgacom SA, dies of heart attack following board meeting (S)
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