PEOPLESOFT SHARES FALL WITH MISSED FORECAST
Date: 05 April 2003
By Bloomberg News
Bloomberg News
Shares of PeopleSoft Inc fall 9 percent after company says first-quarter profit and sales declined more than forecast; license sales were as low as $80 million after forecast of $125 million to $135 million; profit fell to 11 cents or 12 cents per share, missing company estimate of as much as 14 cents; total sales dropped to $450 million (S)
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ARMSTRONG WINS APPROVAL TO SETTLE ASBESTOS CLAIMS
Date: 05 April 2003
By Bloomberg News
Bloomberg News
Armstrong Wins Approval To
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NETWORK ASSOCIATES TO BUY ENTERCEPT FOR $120 MILLION
Date: 05 April 2003
By Bloomberg News
Bloomberg News
Network Associates Inc, maker of McAfee antivirus software, acquires Entercept Security Technologies for $120 million to add programs that protect computers from new types of attacks (S)
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SYBASE SHARES DROP AFTER WEAK FIRST QUARTER
Date: 05 April 2003
By Bloomberg News
Bloomberg News
Shares of Sybase Inc fall
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OTHER NEWS
Date: 05 April 2003
, International Herald Tribune
The U.S. economy lost 108,000 jobs in March, almost three times the number expected, and the unemployment rate held at 5.8 percent as the economy stumbled with the advent of war against Iraq, Bloomberg News reported. The decline in payrolls followed a los
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NEWS SUMMARY
Date: 06 April 2003
INTERNATIONAL A3-23 War News Summary B2 Israel Makes Ultimatum To Change Peace Initiative Israel will propose changes to a Middle East peace initiative and is prepared to walk away from negotiations if the amendments are rejected, a top aide to Prime Minister Ariel Sharon said. The aide, Dov Weis-glass, said most of Israel's concerns centered on ending Palestinian attacks and establishing Palestinian security forces committed to halting violence. A23
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Tobacco Company Sold
Date: 05 April 2003
By Bloomberg News
Bloomberg News
British American Tobacco acquires Peruvian tobacco company Tabacalera Nacional for $37 million to expand in Latin America (S)
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Court Approves FAO Reorganization Plan
Date: 05 April 2003
By Bloomberg News
Bloomberg News
US Bankruptcy Judge Lloyd King approves FAO Inc's reorgnization plan, clearing way for company to emerge from bankruptcy (S)0
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Workers Sue Companies Over Apartheid
Date: 06 April 2003
By Bloomberg News
Bloomberg News
Anglo America and De Beers face $6.1 billion lawsuit filed in US on behalf of former employees in South Africa who say they were enslaved, beaten and tortured under apartheid; lawsuit says companies supported and profited from South Africa's official system of racial discrimination that ended in 1994; Ed Fagan, lawyer for plaintiffs, says suits will also be filed against Sasol Ltd, South African oil company, and Fluor Corp, California-based engineering company (S)
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