Quarterly Profit Falls 14% at News Corporation
Date: 17 August 2000
By Geraldine Fabrikant
Geraldine Fabrikant
News Corp says after-tax profit for fourth quarter fell 14 percent; profit before extraordinary items was $184 million compared with $214 million in year-earlier period; revenue in quarter ended June 30 rose 18 percent, to $3.9 billion (S)
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Instant Aeries For TV's Eyes
Date: 17 August 2000
By Peter Marks
Peter Marks
Design Notebook column on designs of television network skyboxes at Democratic National Convention in Los Angeles; boxes, formerly little more than spartan caves, have undergone radical transformation, from procedural forum to multimedia spectacle; photos (M)
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Metro Matters; Counterpoint To Pretensions Of Tolerance
Date: 17 August 2000
By Joyce Purnick
Joyce Purnick
Joyce Purnick Metro Matters column discusses editorial written in Amsterdam News, oldest black weekly in New York City, by editor emeritus Wilbert A Tatum that stated that Al Gore selected Sen Joseph Lieberman as his running mate to attract Jewish money; contends that rehashing of old prejudices by editorial should not be ignored (M)
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Suit Filed Over Leak Of Report On Mexican
Date: 16 August 2000
By Richard A. Oppel Jr
Richard Oppel
Ohio college professor Donald E Schulz is charged in Federal lawsuit with leaking secret Justice Department report linking Mexico's powerful Hank family to large-scale drug trafficking and money laundering; suit is filed by Laredo National Bancshares of Texas, which is controlled by family of Mexican billionaire Carlos Hank Gonzalez; report was cited last year in several newspapers at time when Congress was considering bill, now enacted, allowing government to freeze assets of persons labeled significant drug traffickers; report implied that Hank family was protected by Mexico's PRI political machine; Warren Rudman, acting as lawyer for Hank family, complained to Atty Gen Janet Reno about publication and Reno disavowed report (M)
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GENESEE NEGOTIATES BREWERY SALE TO MANAGEMENT
Date: 17 August 2000
By Bloomberg News
Bloomberg News
Genesee Corp, brewer of Genesee beer, decides to negotiate exclusively with its management to sell its Genesee Brewing unit (S)
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EAGLE WIRELESS TO PURCHASE CLEARWORKS.NET FOR STOCK
Date: 16 August 2000
By Bloomberg News
Bloomberg News
Eagle Wireless International Inc acquires ClearWorks.net Inc for about $137.5 million in stock (S)
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TREX MEDICAL WILL BE BOUGHT BY HOLOGIC FOR $55 MILLION
Date: 16 August 2000
By Bloomberg News
Bloomberg News
Hologic Inc acquires Trex Medical Corp, medical imaging manufacturer, for $55 million (S)
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DIAL SPENDS $116.8 MILLION ON 3 BUSINESSES
Date: 17 August 2000
By Bloomberg News
Bloomberg News
Dial Corp paid $116.8 million to buy three businesses in second quarter; company bought Procter & Gamble Co's Coast soap business and purchased Zout stain remover from undisclosed seller; purchase prices were not previously disclosed; Dial also completed its acquisition of Revlon Inc's Plusbelle hair-care business in Argentina for $46.5 million (S)
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MEAD TO CLOSE PLANTS AND ELIMINATE 330 JOBS
Date: 17 August 2000
By Bloomberg News
Bloomberg News
Mead Corp, biggest maker of school notebooks, will close plants in Michigan and Indiana, eliminating 330 jobs to cut costs (S)
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COURIER WILL BUY DOVER PUBLICATIONS FOR $39 MILLION
Date: 16 August 2000
By Bloomberg News
Bloomberg News
Courier Corp agrees to buy Dover Publications for $39 million, adding special-interest books to its list of titles as it seeks buyers on the Internet (S)
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