ROCKWELL COLLINS REVISES FORECAST ON CASH FLOW
Date: 12 September 2003
By Bloomberg News
Bloomberg News
Rockwell Collins, maker of cockpit instruments, says cash flow from operations will fall at least 20 percent in its next fiscal year because of higher contributions to its pension plan (S)
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FIRST MIDWEST AGREES TO BUY COVEST BANCSHARES
Date: 12 September 2003
By Bloomberg News
Bloomberg News
First Midwest Bancorp acquires CoVest Bancshares for $102.5 million (S)
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SOUTHWEST SEEKS MEDIATION IN CONTRACT TALKS
Date: 11 September 2003
By Bloomberg News
Bloomberg News
Southwest Airlines chief executive James F Parker asks National Mediation Board to help company reach contract with its flight attendants after 16 months of talks; Transport Workers Union Local 556 president Thom McDaniel says crucial issue is pay for holidays and for time spent doing tasks like cleaning aircraft or waiting for flights (S)
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KEYCORP WARNS OF LOWER PROFIT FOR THE YEAR
Date: 11 September 2003
By Bloomberg News
Bloomberg News
KeyCorp chief executive Henry L Meyer III says company will earn less in 2003 than analysts expect because of slowing demand for commercial loans (S)
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REYNOLDS TOBACCO TO CUT DISCOUNTS TO DISTRIBUTORS
Date: 11 September 2003
By Bloomberg News
Bloomberg News
R J Reynolds Tobacco Holdings will eliminate some financial incentives it pays to distributors to bring its discounts into line with those offered by Philip Morris USA; program will change on Sept 29 (S)
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Technology Briefing | Software: Carreker Stock Surges On Profit News
Date: 12 September 2003
By Bloomberg News
Bloomberg News
Carreker Corp reports net income of $3.9 million in fiscal second quarter ended July 31, 51 percent decline from $7.9 million year earlier; revenue fell 17 percent, to $36.2 million from $43.5 million; chief financial officer Frank W Tilley says company will have profitable year and positive cash flow (S)
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CHURCH & DWIGHT BUYS TOOTHPASTE UNIT FROM UNILEVER
Date: 11 September 2003
By Bloomberg News
Bloomberg News
Church & Dwight Co, maker of Arm & Hammer toothpaste, agrees to buy Unilever's Mentadent and Pepsodent business in US and Canada for $104 million (S)
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H&R BLOCK TO OFFER TAX SERVICE IN WAL-MART STORES
Date: 11 September 2003
By Bloomberg News
Bloomberg News
H&R Block plans to sell its services in as many as 850 Wal-Mart stores during next year's tax season (S)
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S.&P. CUTS CREDIT RATING OF PARK PLACE ENTERTAINMENT
Date: 12 September 2003
By Bloomberg News
Bloomberg News
Standard & Poor's Corp cuts credit rating of Park Place Entertainment to level below investment grade because of concern that $376 million expansion of Caesars Palace Las Vegas might hinder debt repayment (S)
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FPL AGREES TO BUY HALF OF AMERGEN FROM BRITISH ENERGY
Date: 12 September 2003
By Bloomberg News
Bloomberg News
FPL Group acquires British Energy's 50 percent stake in AmerGen Energy for $276.5 million; AmerGen owns Three Mile Island Unit 1 nuclear power plant in Pennsylvania and two other US reactors; plants have capacity to generate 2,480 megawatts; Exelon, which owns other half, has 30 days to match bid (S)
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