KIMBERLY-CLARK TO BUY ITALIAN DIAPER MANUFACTURER
Date: 25 January 2001
By Bloomberg News
Bloomberg News
Kimberly-Clark Corp acquires Italy's Linostar, Italy's second-largest diaper manufacturer, from Bolton Group to help expand its Huggies sales internationally (S)
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JAPANESE CHEMICAL COMPANY ADMITS HELPING FIX PRICES
Date: 25 January 2001
By Bloomberg News
Bloomberg News
Japan's Ueno Fine Chemicals Industry agrees to plead guilty and pay $11 million fine for its role in 17-year conspiracy to fix price of food perservatives called sorbates; Ueno executives Yuji Komatsu, Yoshihiko Katsuyama and Wakao Shinoda are indicted by federal grand jury in San Francisco (S)
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MEDICAL EQUIPMENT RENTAL COMPANY SEEKS CHAPTER 11
Date: 25 January 2001
By Bloomberg News
Bloomberg News
Mediq, which rents medical equipment to nursing homes and more than 5,000 hospitals, files for Chapter 11 bankruptcy protection after it misses interest payments; lists $3.07 million in assets and $120.4 million in debts (S)
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CHARTER ONE BUYS ALLIANCE BANCORP FOR $245 MILLION
Date: 24 January 2001
By Bloomberg News
Bloomberg News
Ohio's Charter One Financial acquires Alliance Bancorp for $245 million in cash and stock (S)
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BB&T TO ACQUIRE 2 MORE BANKS IN SOUTHEAST
Date: 25 January 2001
By Bloomberg News
Bloomberg News
BB&T Corp agrees to buy F&M National Corp and Virginia Capital Bancshares for $1.35 billion in stock; BB&T will pay $1.17 billion for F&M National and $180.5 million for Virginia Capital (S)
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MASCOTECH CHANGES ITS NAME AND MERGES WITH 2 OTHERS
Date: 24 January 2001
By Bloomberg News
Bloomberg News
Metal products maker MascoTech Inc changes its name to Metaldyne Corp and says it will merge with Simpson Industries and Global Metal Technologies to form auto-parts maker with about $2 billion in annual sales (S)
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J. C. PENNEY PLANS TO CLOSE UP TO 50 STORES
Date: 24 January 2001
By Bloomberg News
Bloomberg News
J C Penney Co plans to close as many as 50 department stores around country as part of strategy to cut costs and revive profits (S)
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PUBLISHER TO LAY OFF 130 AND CLOSE OFFICES IN 3 CITIES
Date: 25 January 2001
By Bloomberg News
Bloomberg News
Hungry Minds, publisher of 'For Dummies' instructional books and Cliff Notes, will lay off about 130 workers, or about 19 percent of its employees, to cut costs; will close offices in Chicago, San Francisco and Foster City, Calif (S)
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E*TRADE LEAVING NASDAQ FOR NEW YORK STOCK EXCHANGE
Date: 24 January 2001
By Bloomberg News
Bloomberg News
E*Trade Group, online broker that helped fuel trading on Nasdaq market, plans to move its listing to New York Stock Exchange (S)
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BETTER MARGIN AT CLOTHIER
Date: 24 January 2001
By Bloomberg News
Bloomberg News
Marks & Spencer PLC, leading clothing retailer in Britain, says profit as percentage of sales widened eight-tenths of percentage point in 16 weeks to Jan 20 even as sales fell 5.1 percent at stores open year or more; graph (S)
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