News Media Win Ruling in Terror Trial
Date: 28 September 2002
Federal District Judge Leonie M Brinkema, presiding over trial of Zacarias Moussaoui, rules in favor of coalition of news media plaintiffs who sought public disclosure of his court filings (S)
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UNOCAL TAKES A CHARGE FOR CLEANUP COSTS
Date: 28 September 2002
By Bloomberg News
Bloomberg News
Unocal Corp will take $22 million charge in third quarter for environmental cleanup costs; lowers quarterly earnings expectations (S)
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TREASURER NAMED IN LAWSUITS IS REASSIGNED BY XEROX
Date: 28 September 2002
By Bloomberg News
Bloomberg News
Xerox Corp removes Gregory B Tayler as its treasurer as federal prosecutors begin investigating company's accounting; Tayler is named in several shareholder lawsuits contending accounting misconduct (M)
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WESTAR ENERGY REPORTS RECEIVING SUBPOENAS
Date: 28 September 2002
By Bloomberg News
Bloomberg News
Federal grand jury seeks documents and testimony about use of Westar Energy's aircraft and about its chief executive, David C Wittig; demand follows company's announcement that it will limit pay and perks of Wittig and other executives (S)
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3M REORGANIZES TO FOCUS ON GROWING MARKETS
Date: 28 September 2002
By Bloomberg News
Bloomberg News
3M Company reorganizes into seven businesses from six to give more focus to faster-growing markets; continues with cost-cutting projects (M)
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FALLOUT ON DRUGS LOWERS WYETH'S EARNINGS PREDICTION
Date: 28 September 2002
By Bloomberg News
Bloomberg News
Wyeth says earnings will fall short of analysts' expectations because of charge for legal reserves caused by litigation over two of its drug products (S)
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DOLE FORMS COMMITTEE TO CONSIDER BUYOUT OFFER
Date: 28 September 2002
By Bloomberg News
Bloomberg News
Dole Food Co forms special committee of non-employee directors to consider buyout offer from its chief executive, David Murdock, that values company, world's largest fruit and vegetable producer, at about $2.5 billion (M)
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PHILIP MORRIS REDUCES ITS EARNINGS FORECAST
Date: 27 September 2002
By Bloomberg News
Bloomberg News
Philip Morris, world's biggest cigarette maker, slashes annual profit forecast for second time this year because of lower-than-expected sales and higher promotional spending (S)
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NORTHERN TRUST BUYS UNIT FROM DEUTSCHE BANK
Date: 28 September 2002
By Bloomberg News
Bloomberg News
Northern Trust Corp agrees to buy United States index-tracking fund business of Deutsche Bank AG for about $260 million in cash (M)
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PROCTER & GAMBLE STILL SEES A HIGHER QUARTERLY PROFIT
Date: 28 September 2002
By Bloomberg News
Bloomberg News
Procter & Gamble Co, biggest gainer in Dow Jones industrial average in 2002, reiterates its expectation of 14 percent to 16 percent profit rise in third quarter; analysts foresee per-share earnings of $1.10 (M)
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