Crime News Web Site to File For Bankruptcy Protection
Date: 05 July 2000
By Felicity Barringer
Felicity Barringer
APB Online, operator of criminal justice news Web site that recently foundered, plans to file for protection for creditors under Chapter 11 of Federal Bankruptcy Code; last month, ABP Online laid off staff and scrambled to find private investors to inject new capital into debt-ridden company; bankruptcy filing by APBnews.com is designed to provide little more breathing space for site (M)
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Online Journalists Look to Political Conventions to Help Define Their Medium
Date: 05 July 2000
By Peter Marks
Peter Marks
Online journalists are looking to Republican and Democratic national conventions as potential defining moments in evolution of news on Internet; Democratic and Republican officials say online enterprises are requesting space in numbers no one anticipated; photo (M)
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Iran Reformers, Beaten Back, Persist
Date: 05 July 2000
By Susan Sachs
Susan Sachs
Iran's reformers scale back once-defiant agenda for change in face of crackdown by conservative court; are concentrating on regaining public voice through their control of new Parliament; are trying to build bridges with opposition conservatives, who control approximately 30 percent of government, by toning down language on changes they once championed; are focusing instead on reviving once lively national press, streamlining government ministeries, passing national budget and devising legislation to encourage formation of political parties (M)
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BIOSHIELD TECHNOLOGIES AGREES TO BUY AHT
Date: 04 July 2000
By Bloomberg News
Bloomberg News
BioShield Technologies Inc., which makes antimicrobial coating products, has agreed to buy the AHT Corporation for $20 million in stock to get AHT's software that allows doctors to send prescriptions electronically to pharmacies. BioShield Technologies will pay $1.75 of BioShield common stock for each share of AHT, which is based in Tarrytown, N.Y. That is 13 percent below AHT's closing price of $2 on Friday, although 87 percent more than AHT's all-time closing low of 93.75 cents on May 1. AHT's shares have fallen 68 percent this year, and it has lost money for the last eight quarters. Shares of BioShield fell 50 cents, to $11.50, while AHT declined 50 cents, to $1.50.
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AFFILIATED COMPUTER SERVICES SELLING A.T.M. UNIT
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Affiliated Computer Services Inc agrees to sell its ATM unit to Genpass Inc for about $180 million (S)
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CATELLUS DEVELOPMENT TO SELL HOME-BUILDING BUSINESS
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Catellus Development Corp agrees to sell most of its homebuilding operations to new, limited liability firm managed by Brookfield Properties Corp (S)
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VERIZON PUTS GTE CABLE SYSTEMS UP FOR SALE
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Verizon Communications attempts to sell GTE cable systems it owns in various US states (S)
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ITALIAN PRICES JUMP
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Italian producer prices rise during May at fastest pace in five years, up .9 percent from April and 6.4 percent from May 1999 (S)
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AUSTRALIAN MINE DEAL
Date: 04 July 2000
By Bloomberg News
Bloomberg News
Shares of Nippon Telephone & Telegraph rise 6.5 percent following announcement that it will lower fees it charges other carriers to use its local networks (S)
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Mack-Cali Buys Buildings
Date: 05 July 2000
By Bloomberg News
Bloomberg News
Mack-Cali Realty buys six office buildings in New Jersey office complex for $153.8 million; Mack-Cali pays $85 million to buy four buildings that are part of Mack-Cali Business Campus and Morris County Financial Center in Parsippany; in second transaction, Mack-Cali pays $68.8 million to buy two other buildings that are also part of Parsippany complex; sellers unidentified (S)
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