News Corp. Earnings Decline 10% in Quarter
Date: 09 November 2000
By Bloomberg News
Bloomberg News
News Corp says fiscal first-quarter profit fell 10 percent; profit from operations fell to $149 million from $165 million a year earlier; revenue rose 2.6 percent, to $3.24 billion from $3.16 billion (M)
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Media Rethink an Urge to Say Who's First
Date: 09 November 2000
By Peter Marks and Bill Carter
Peter Marks
Network executives concede they made key errors in covering election returns that spurred Vice Pres Al Gore to mistakenly concede election; reconsider how they predict winners; errors in awarding Florida first to Gore and then to Gov George W Bush had seismic impacts on how analysts, television viewers and newspapers initially perceived returns; photos (M)
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Data of Little-Known Service Led to Wrong Call in Florida
Date: 09 November 2000
By Neil A. Lewis
Neil Lewis
Much of election-night confusion about Florida returns centered on Voter News Service, little-known but influential consortium of television networks and Associated Press that in recent years has become main purveyor of voting results to media; early major network predictions that Vice Pres Al Gore won Florida depended partly on VNS calculations; VNS says it will probe why models that worked in past failed; notes its exit polls gave Gore small lead that was borne out by early returns; VNS is only service of its kind, result of 20-year evolution of media efforts to declare winners as accurately and as early as possible (M)
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GENERAL DYNAMICS IN CASH DEAL FOR PRIMEX
Date: 10 November 2000
By Bloomberg News
Bloomberg News
General Dynamics acquires Primex Technologies for $334 million in cash and assumption of $170 million in Primex debt; addition of Primex's munitions and rocket engine business will make General Dynamics largest supplier of large-caliber and self-propelled munitions to US Army (S)
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BERKSHIRE HATHAWAY TO BUY BENJAMIN MOORE PAINTS
Date: 09 November 2000
By Bloomberg News
Bloomberg News
Berkshire Hathaway Inc, investment vehicle of Warren E Buffett, agrees to buy paint maker Benjamin Moore & Co for about $1 billion in cash (S)
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NISSAN WILL BUILD A TRUCK PLANT IN MISSISSIPPI
Date: 09 November 2000
By Bloomberg News
Bloomberg News
Nissan Motor Co will build $900 million factory near Canton, Miss, to make pickup trucks and sport utility vehicles (S)
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AUTONATION SELLS ADVERTISING BUSINESS TO INFINITY UNIT
Date: 10 November 2000
By Bloomberg News
Bloomberg News
AutoNation Inc sells its outdoor-advertising business Republic Media to unit of Infinity Broadcasting for $104 million in cash; AutoNation agrees to three-year, $15 million advertising contract with Infinity Outdoor as part of agreement (S)
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SUNOCO AGREES TO BUY MITSUBISHI'S ARISTECH CHEMICAL
Date: 10 November 2000
By Bloomberg News
Bloomberg News
Sunoco agrees to buy Aristech Chemical Corp, unit of Mitsubishhi Corp of Japan, for $695 million; Aristech makes polypropylene and phenol, compounds used in plastics (S)
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COURT BLOCKS HEINZ PURCHASE OF BEECH-NUT
Date: 09 November 2000
By Bloomberg News
Bloomberg News
H J Heinz Co is barred by federal appeals court from buying Milnot Holdings Co, owner of rival maker of baby food Beech-Nut, while antitrust authorities press their case to stop merger (S)
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WESTERN RESOURCES IS SELLING KANSAS UTILITY BUSINESS
Date: 10 November 2000
By Bloomberg News
Bloomberg News
Public Service Co of New Mexico agrees to buy two utilities in Kansas from Western Resources Inc for $1.5 billion in stock and assumption of $2.94 billion in debt; utility business includes Kansas Gas and Electric, Kansas Power and Electric and 47 percent stake in Wolf Creek nuclear power plant near Brulington, Kan (S)
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