CONGOLEUM, MAKER OF FLOORING, TO FILE FOR BANKRUPTCY
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Congoleum Corp, maker of sheet and tile flooring, files for bankruptcy protection to erase its current and future asbestos liability; company hopes to emerge from Chapter 11 bankruptcy protection within six months (S)
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FLORIDA PETROLEUM TERMINALS SOLD TO DENVER COMPANY
Date: 15 January 2003
By Bloomberg News
Bloomberg News
El Paso Corp sells its Florida petroleum terminals and tug-and-barge operations to TransMontaigne for about $155 million; terminals sold average of 29,000 barrels of fuel per day last year to cruise-ship operators (S)
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HONEYWELL SELLS ENGINEERING PLASTICS DIVISION TO BASF
Date: 15 January 2003
By Bloomberg News
Bloomberg News
Germany's BASF will buy Honeywell International's engineering plastics unit for $170 million and sell nylon fiber business to Honeywell for $80 million (S)
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HALLIBURTON EXPECTS DECLINE IN 4TH-QUARTER EARNINGS
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Halliburton Co predicts decline in fourth-quarter earnings because of slowdown in oil and natural gas drilling (S)
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WAL-MART REPORTS RISE IN SALES AND MAINTAINS FORECAST
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Wal-Mart Stores Inc says sales last week at stores open at least one year rose within expectations for 3 percent to 5 percent monthly increase and maintains its forecast for January gain of 2 percent to 4 percent (S)
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NEW PRESIDENT OF BURGER KING TO COME FROM YUM BRANDS
Date: 15 January 2003
By Bloomberg News
Bloomberg News
Burger King Corp names Robert Nilsen president, effective Feb 3; Nilsen was chief operating officer of Taco Bell, unit of Yum Brands (S)
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APACHE SAYS IT IS BUYING OIL AND GAS RESERVES FROM BP
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Apache Corp agrees to buy oil and natural gas reserves in North Sea and Gulf of Mexico from BP for $1.3 billion in cash (S)
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D&B PLANS TO CUT 550 JOBS, OR 7% OF WORK FORCE
Date: 14 January 2003
By Bloomberg News
Bloomberg News
D&B, provider of business information once known as Dun & Bradstreet, plans to cut 550 jobs, or about 7.1 percent of its work force, by July to reduce costs; is in talks to sell its European headquarters in Britain; European unit president Bruno de la Riviere resigns (S)
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War or No, News on Cable Already Provides the Drama
Date: 15 January 2003
By Jim Rutenberg
Jim Rutenberg
Executives at MSNBC, CNN and Fox News Channel are looking for different twists to enhance their war, and prewar, coverage; reports are taking on hypercharged tone as cable networks try to persuade viewers ahead of time that they are ones to watch should war in Iraq break out; photos (M)
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Chief of CNN Is Departing After 2 Years
Date: 14 January 2003
By Jim Rutenberg
Jim Rutenberg
CNN chairman Walter Isaacson will leave network in spring to become chief executive of Aspen Institute, nonprofit research center specializing in public policy issues; Jim Walton will succeed Isaacson (M)
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