COMMUNITY BANKS TO BUY PENNROCK FINANCIAL SERVICES
Date: 17 November 2004
By Bloomberg News
Bloomberg News
Community Banks acquires PennRock Financial Services Corp for about $326 million in stock (S)
Replay martedì 16 novembre 2004
Il 16 novembre 2004 era una martedì sotto il segno zodiacale del ♏. Era il 320 ° giorno dell'anno. Il presidente degli Stati Uniti era George W. Bush.
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16th of November 2004 News
Notizie come è apparso sulla prima pagina del New York Times il 16 novembre 2004
MONSANTO UNIT BUYS A RIVAL SEED COMPANY, CHANNEL BIO
Date: 17 November 2004
By Bloomberg News
Bloomberg News
Monsanto says unit has acquired seed company Channel Bio Corp for $120 million (S)
MARTHA STEWART LIVING TO PAY CHIEF $900,000 A YEAR
Date: 17 November 2004
By Bloomberg News
Bloomberg News
Martha Stewart Living Omnimedia signs its new chief executive Susan Lyne to three-year employment contract that will pay base annual salary of $900,000 and make her eligible for bonus of as much as $1.35 million per year; Lyne will also receive one-time payment of $477,120, as well as 200,000 shares of restricted stock and options to buy 400,000 Class A shares at $18.57 per share (S)
INSURANCE REGULATORS SEEK DOCUMENTS FROM MUNICH RE
Date: 17 November 2004
By Bloomberg News
Bloomberg News
Munich Re says one of its North American units was subpoenaed by insurance regulators in North Carolina and Texas in connection with bid-rigging investigation (S)
FORD SELLING FORMULA ONE RACING TEAM TO RED BULL
Date: 16 November 2004
By Bloomberg News
Bloomberg News
Red Bull acquires Ford Motor Co's unprofitable Jaguar Formula One team to expand in car racing business; finanical terms undisclosed (S)
TYSON FOODS SAYS EARNINGS DECLINED 55% IN QUARTER
Date: 16 November 2004
By Bloomberg News
Bloomberg News
Tyson Foods, world's biggest meat processor, says profit decreased 55 percent in fourth quarter ended Oct on rising costs, on losses on commodity futures and expenses related to plant closings; net income fell to $66 million from $147 million; revenue rose 8.8 percent from year earlier (S)
GENERAL ELECTRIC WILL BUY SAFETY UNIT FROM SPX
Date: 16 November 2004
By Bloomberg News
Bloomberg News
General Electric Co acquires Edwards Systems Technology business of SPX Corp for $1.4 billion in cash to add fire detection and building safety systems to its security unit (S)
NEWS SUMMARY
Date: 16 November 2004
INTERNATIONAL A3-13 U.S. Troops Confront Guerrilla Assaults in Falluja A rebel counteroffensive roiled central and northern Iraq, with guerrillas storming police stations and setting oil wells ablaze, as American troops tried to flush the remaining insurgents from the debris-strewn cityscape of Falluja. A1 An Army investigation has recommended that two dozen members of an Army Reserve unit in Iraq be punished for disobeying orders last month to deliver fuel to another base, a Pentagon official and relatives of the soldiers said. A13 A television pool report by NBC news said an American marine had shot and killed an unarmed and wounded Iraqi prisoner in a mosque in Falluja. The Iraqi was one of five wounded prisoners left in the mosque after marines had fought their way in. A12 Iran to Freeze Nuclear Program France, Britain and Germany announced that they had reached a formal agreement with Iran committing the country to freeze a critical part of its nuclear program. A3 Palestinians Meet With Rivals The new chairman of the Palestine Liberation Organization, Mahmoud Abbas, met with militant leaders as he began trying to solve the intricate political puzzle that Yasir Arafat left at his death. A10 Sanctions Against Ivory Coast The Security Council voted unanimously to impose an immediate arms embargo on Ivory Coast and to extend sanctions to include forbidding travel and freezing assets of selected individuals in a month if a cease-fire agreement is not fully restored by then. A10 Colombia Plans New Penalties A panel of legislators plans to present President Alvaro Uribe's government with a bill that would provide harsh penalties for any right-wing paramilitary fighters found guilty of atrocities, according to people who have worked on the proposed legislation. A11 NATIONAL A16-24 Powell Will Resign; Rice Said to Be Successor Secretary of State Colin L. Powell announced his resignation, and administration officials said his successor would be Condoleezza Rice, President Bush's national security adviser. Three other members of Bush's Cabinet announced their resignations: Ann M. Veneman, the secretary of agriculture; Rod Paige, the education secretary; and Spencer Abraham, the energy secretary. A1 Mr. Powell experienced triumph in 2002 with the unanimous approval of a resolution by the United Nations Security Council demanding that Iraq comply with weapons inspections or face the prospect of war. Soon, however, public anger over the war and the failure to find the weapons took their toll. A24 Former Soldiers Resist Call-Ups The Army is encountering resistance from thousands of former soldiers it is ordering back to military work -- some of whom say they have not trained, held a gun, worn a uniform or even gone for a jog in years -- complicating its efforts to fill gaps among the regular troops. A1 Two C.I.A. Officials Resign The head of the Central Intelligence Agency's clandestine service and his deputy resigned their posts, effective immediately, becoming the most significant casualties of an effort by Porter J. Goss to overhaul the agency's spying operations. A16 Texas Sentence Overturned The Supreme Court overturned a Texas death sentence while delivering its latest rebuke to the way the death penalty is being handled by judges in the state, which has executed far more people than any other in the modern era. A18 SCIENCE/HEALTH RU-486 Warning Toughened Federal drug regulators have strengthened the warning label on the abortion pill, RU-486. A24 NEW YORK/REGION B1-8 Schumer Rules Out 2006 Gubernatorial Race Senator Charles E. Schumer ruled out running for governor of New York in 2006, saying that he will instead help lead the Democratic Party's efforts to retake the Senate. That leaves the field open to Eliot Spitzer, the popular Democratic state attorney general who has been gearing up to challenge Governor Pataki should he decide to run for another term. A1 McGreevey Leaves Quietly Gov. James E. McGreevey of New Jersey submitted his letter of resignation but spent his last day in office at the governor's mansion in Princeton while business at the State House continued without him. At midnight, Senate President Richard J. Codey was to become acting governor for the 14 months left in Mr. McGreevey's term. B1 Pataki Vetoes Reform Plan Governor Pataki vetoed a bill that would have overhauled New York State's notoriously dysfunctional budget process, complaining that the bill, which many lawmakers described as their chief achievement this year, would make a flawed process even worse. B1 Neediest Cases B5 SCIENCE TIMES F1-10 Health & Fitness F5 FASHION B9 ARTS E1-10 SPORTSTUESDAY D1-7 New York Submits Olympic Bid New York and four European capitals submitted their final bids to host the 2012 Summer Olympics by yesterday's deadline, the International Olympic Committee announced. D1 BUSINESS DAY C1-17 Pension Deficit Doubles The federal agency that insures pension plans, the Pension Benefit Guaranty Corporation, said that its deficit, already at the highest in its history, had doubled in its last fiscal year, to $23.3 billion. C1 Fortunoff to Sell Business Fortunoff is expected to announce that it will sell its business to Trimaran Capital Partners, a private equity firm, in a deal that values the chain at $280 million. C12 Boeing Officer Pleads Guilty The former chief financial officer of Boeing pleaded guilty to a felony conflict-of-interest charge, acknowledging that he secretly offered a job to an Air Force official while she was overseeing billions of dollars in contracts. C2 Business Digest C1 World Business W1 OBITUARIES A25 EDITORIAL A26-27 Editorials: The cabinet shuffle: good soldier Powell, and some small shoes to fill; pollution in Buyat Bay. Column: David Brooks. Crossword E4 TV Listings E9 Public Lives B4 Weather D8
Technology Briefing | Deals: Scansoft To Buy 3 Companies For $63 Million
Date: 16 November 2004
By Bloomberg News
Bloomberg News
Technology Briefing: Scansoft To Buy 3 Compani
World Business Briefing | Asia: Hong Kong: Bank Executive Named
Date: 16 November 2004
By Bloomberg News
Bloomberg News
Standard Chartered promotes Peter Sullivan to succeed Peter Wong as chief executive of Hong Kong operations (S)