After Shaky Starts, News Organizations Gain Confidence on Web
Date: 27 December 1999
By Felicity Barringer
Felicity Barringer
Nation's largest news organizations are getting more adept in exploiting potential of World Wide Web as a journalistic tool; news sites now exhibit speedy, professional crafting of original material, multimedia options, clean packaging and self-promotion; MSNBC.com, partnership of NBC and Microsoft, is exemplar of this new self-assurance and has surpassed CNN Interactive's sites as the Web's most-visited news organization; photo; graph (M)
Full Article
VDI MULTIMEDIA TO BE BOUGHT BY BAIN CAPITAL
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Bain Capital Inc acquires VDI MultiMedia for about $200 million, including assumed debt (S)
Full Article
SIRIUS RADIO TO SELL A 10% STAKE TO INVESTMENT BANK
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Sirius Satellite Radio Inc will sell 10 percent stake to Blackstone Group Inc for $200 million (S)
Full Article
EQUISTAR TO CUT BACK OPERATIONS AND TAKE TAX CHARGE
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Equistar Chemicals LP, North America's largest producer of polyethylene, will take pretax charge of $95 million in fourth quarter to close some production lines (S)
Full Article
SPRINT TO OFFER FREE SUNDAY CALLS TO FIGHT COMPETITION
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Sprint Corp will offer free hour of calling on Sunday nights for six months in bid to draw new customers after Bell Atlantic Corp receives approval to sell long-distance service in New York; consumers will receive free hour by signing up for plan that offers 5-cents-a-minute calling from 7 pm to 7 am and 10 cents a minute at other times (S)
Full Article
ZIONS BANCORP DELAYS ITS PURCHASE OF FIRST SECURITY
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Zions Bancorp delays $5.29 billion acquisition of First Security Corp after Securities and Exchange Commission rules Zions should restate its earnings for accounting reasons (S)
Full Article
GERMAN PRODUCER PRICE INDEX
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Prices charged by German factories rose less-than-expected 0.1 percent in November; index rose 0.7 percent from November 1997 (S)
Full Article
MOBILE PHONE TAKEOVER TALKS
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Siemens AG is in talks with Robert Bosch GmbH that could lead to takeover of Bosch's mobile phone business (S)
Full Article
JOINT DRUG DEVELOPMENT VENTURE
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Cambridge Antibody Technology Group PLC, British drug developer, will join forces with Monsanto Co's Searle unit to develop drugs based on its technology, an alliance that may be worth more than $200 million; as part of deal, Searle will buy 6.9 percent of Cambridge for 4.15 pounds ($6.70) a share (S)
Full Article
Steel Maker Low on Cash
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Birmingham Steel Corp's shares fall as much as 35 percent after company says it is running low on cash and must cut costs to stay in operation; company lost $224.2 million in fiscal year ended June 30 (S)
Full Article