Metro Briefing | New York: Manhattan: Judge Keeps Raid Papers Sealed
Date: 11 June 2003
By Susan Saulny (NYT)
Susan NYT
Justice Brenda S Soloff of New York State Supreme Court rules that Newsday, New York Times and New York Daily News do not have right to view sealed documents of mistaken police raid on Alberta Spruill's home; Spruill died of heart attack triggered by raid; photo (S)
Full Article
BRUNSWICK BUYS GAME MAKER FOR $34.5 MILLION
Date: 11 June 2003
By Bloomberg News
Bloomberg News
Brunswick Corp acquires Valley-Dynamo LP, maker of commercial and consumer pool, foosball and table hockey products, for $34.5 million; will add Valley-Dynamo to its Brunwick Billiards division (S)
Full Article
PENN NATIONAL OFFERS MIXED OUTLOOK ON EARNINGS
Date: 11 June 2003
By Bloomberg News
Bloomberg News
Penn National Gaming Inc raises its second-quarter profit estimate, but lowers its outlook for year; Penn National is laying off workers and trimming marketing in Illinois after state approved casino tax increase starting in July (S)
Full Article
SAFEWAY TO REDUCE ADMINISTRATIVE STAFF BY 13 PERCENT
Date: 11 June 2003
By Bloomberg News
Bloomberg News
Safeway Inc is eliminating about 13 percent of its administrative positions to lower costs; about 252 of 940 jobs being cut were open and will not be filled; more than 400 employees are laid off, while remaining will be terminated over next year (S)
Full Article
ROYAL NUMICO SELLS VITAMIN-MAKING UNIT TO NBTY
Date: 11 June 2003
By Bloomberg News
Bloomberg News
NBTY Inc agrees to buy vitamin business Rexall Sundown from Royal Numico for $250 million; sale is expected to be completed in third quarter (S)
Full Article
FLORIDA POWER OFFICER NAMED HEAD OF ALLEGHENY ENERGY
Date: 10 June 2003
By Bloomberg News
Bloomberg News
Allegheny Energy Inc names Florida Power and Light's president Paul Evanson as chief executive, replacing Alan Noia, who resigned in March; Evanson will also become chairman and president on June 16 (S)
Full Article
NEWELL RUBBERMAID NAMES NEW CHIEF FINANCIAL OFFICER
Date: 11 June 2003
By Bloomberg News
Bloomberg News
Newell Rubbermaid Inc promotes Patrick Robinson to chief financial officer, succeeding William T Alldredge, who will retire at end of year (S)
Full Article
MATTEL AWARDS LICENSE TO CREATE BARBIE LINE OF CLOTHES
Date: 11 June 2003
By Bloomberg News
Bloomberg News
Mattel Inc awards Too Inc, clothing retailer for teenagers, license to create and sell Barbie-inspired clothes for 7- to 14-year-old girls; financial terms undisclosed; new products will be sold in 520 Limited Too stores starting in July (S)
Full Article
FAO SAYS CHIEF FINANCIAL OFFICER WILL LEAVE COMPANY
Date: 10 June 2003
By Bloomberg News
Bloomberg News
FAO Inc's cheif financial officer Raymond P Springer will leave laster this year; senior vice president Jerome Kollar will assume Springer's responsibilities (S)
Full Article
R.J. REYNOLDS FINANCE CHIEF RESIGNS AFTER 11 MONTHS
Date: 10 June 2003
By Bloomberg News
Bloomberg News
R J Reynolds Tobacco Holdings Inc's chief financial officer Richard Bogan resigns; is replaced by vice president Dianne Neal (S)
Full Article
CLOSING OF INTERNET UNIT MAY COST SPRINT $475 MILLION
Date: 11 June 2003
By Bloomberg News
Bloomberg News
Sprint Corp will have pretax costs of as much as $475 million to close its Internet-site management operation and eliminate 500 jobs (S)
Full Article