F.D.A. APPROVES GENERIC VERSION OF BACTROBAN
Date: 11 November 2003
By Bloomberg News
Bloomberg News
Israeli generic drug maker Agis Industries receives Food and Drug Administration approval to sell version of GlaxoSmithKline's drug Bactroban, which is used for children's skin disease impetigo; Teva Pharmaceutical Industries also says it won FDA's approval to sell its Bactroban-like product (S)
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QUEST DIAGNOSTICS CHIEF TO STEP DOWN
Date: 11 November 2003
By Bloomberg News
Bloomberg News
Quest Diagnostics Inc's chief executive Kenneth Freeman will step down by May; will stay on as chairman after shareholders' meeting in May; president-chief operating officer Surya Mohapatra will replace Freeman as chief executive (S)
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SUPERIOR TELECOM REPORTS IT IS OUT OF BANKRUPTCY
Date: 11 November 2003
By Bloomberg News
Bloomberg News
Superior TeleCom Inc exits bankruptcy court protection as Superior Essex Inc and appoints Stephen M Carter as chief executive (S)
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FOOTSTAR REVIEWS FIRING OF ITS FORMER CHIEF
Date: 12 November 2003
By Bloomberg News
Bloomberg News
Footstar Inc says its board has decided that former chief executive J M Robinson has been 'terminated for cause'; Robinson left company in September amid investigation into accounting discrepancies (S)
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ASSISTED-LIVING COMPANY TO BUY 25 COMPLEXES
Date: 11 November 2003
By Bloomberg News
Bloomberg News
CNL Retirement Properties Inc, onwer of assisted-living centers, acquires 25 senior-housing complexes for about $198 million to add homes in Florida, Texas, Georgia, Alabama, Kentucky, North Carolina and South Carolina; CNL will buy homes from EdenCare Senior Living Services; Sunrise Senior Living Inc will manage 22 of properties (S)
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ALLIANCE GAMING AGREES TO BUY SIERRA DESIGN
Date: 12 November 2003
By Bloomberg News
Bloomberg News
Alliance Gaming Corp, second-largest maker of slot machines in North America, acquires Sierra Design Group, maker of gambling devices, for as much as $140 million (S)
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TEXAS PACIFIC GROUP TO ACQUIRE CHEMICALS MAKER
Date: 11 November 2003
By Bloomberg News
Bloomberg News
Texas Pacific Group acquires chemical maker Kraton Polymers Group from Ripplewood Holdings for $770 million (S)
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BIG COPPER AND GOLD MINER REVISES PROFIT DOWNWARD
Date: 11 November 2003
By Bloomberg News
Bloomberg News
Freeport-McMoRan Copper and Gold Inc says third-quarter profit was 14 percent lower than reported in October; net income was $53.5 million (S)
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MURPHY OIL REDUCES 3RD-QUARTER PROFIT REPORT
Date: 12 November 2003
By Bloomberg News
Bloomberg News
Murphy Oil Corp says third-quarter profit was $4.4 million lower than reported in October because of costs for unsuccessful natural-gas well in Alberta; company reported profit of $73.1 million last month (S)
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ITT INDUSTRIES TO BUY GERMAN COMPANY FOR $229 MILLION
Date: 12 November 2003
By Bloomberg News
Bloomberg News
ITT Industries Inc acquires Wedeco AG Water Technology of Germany for 198.8 million euros ($228.9 million) to increase sales of water treatment systems in Europe (S)
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