Exposure to Dorsey Bred Voter Contempt
Date: 17 December 2002
By Joe Drape
Joe Drape
Joe Drape On College Football column contends that Miami University quarterback Ken Dorsey's fifth place finish in voting for Heisman Trophy was result of backlash due to his overexposure and seemingly secure lock on award early in season, and in spite of his stellar individual statistics and team's undefeated season; photo (M)
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McDONALD'S TO DEVELOP PASTA RESTAURANTS
Date: 17 December 2002
By Bloomberg News
Bloomberg News
McDonald's forms joint venture with restaurant operator, Fazoli's, to develop 20 to 30 Italian restaurants; obtains option to buy Fazoli's, which is based in Lexington, Ky, and has about 400 restaurants in 32 states (S)
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PUBLISHER IS APPOINTED AT TV GUIDE MAGAZINE
Date: 17 December 2002
By Bloomberg News
Bloomberg News
Gemstar-TV Guide International names J Scott Crystal publisher of TV Guide (S)
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K2 IN ACCORD TO ACQUIRE RAWLINGS SPORTING GOODS
Date: 17 December 2002
By Bloomberg News
Bloomberg News
K2 Inc, ski and snowboard maker, agrees to buy Rawlings Sporting Goods Company, a leading supplier of bats, balls and gloves to Major League Baseball teams, for $84 million in stock (S)
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ICT, A CALL CENTER OPERATOR, PLANS TO CUT JOBS
Date: 17 December 2002
By Bloomberg News
Bloomberg News
ICT Group, operator of call centers for large companies, says it plans to lay off workers and expects fourth-quarter loss of 46 cents to 59 cents a share (S)
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GOODYEAR TO LAY OFF 460 WORKERS AT TENNESSEE PLANT
Date: 17 December 2002
By Bloomberg News
Bloomberg News
Goodyear Tire and Rubber Co will lay off 460 workers and scale back shifts at Tennessee factory because of decline in sales (S)
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RESEARCH RESULTS DELAY APPROVAL OF LILLY'S EYE DRUG
Date: 17 December 2002
By Bloomberg News
Bloomberg News
Eli Lilly & Co's experimental eye medication fails to slow progressive vision loss related to diabetes; company plans to begin new round of trials for drug, PKC Beta Inhibitor, next year (S)
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OMNICARE CLOSER TO BUYING NCS AFTER RIVAL STEPS ASIDE
Date: 17 December 2002
By Bloomberg News
Bloomberg News
Genesis Health Ventures Inc gives up bid to buy NCS HealthCare Inc, possibly clearing way for rival, Omnicare Inc, to acquire company for about $130 million in stock (S)
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Technology Briefing | Software: Applied Microsystems To Liquidate Its Assets
Date: 17 December 2002
By Bloomberg News
Bloomberg News
The Applied Microsystems Corporation, a software developer whose shares have fallen 84 percent in the last year, said yesterday that it would liquidate the company after failing to get financing to develop new products. The feedback the company received from potential financing sources has led it to conclude that liquidation is a ''better alternative,'' Applied Microsystems said in a news release. The liquidation of the company requires shareholders' approval, the company said. Last month, Applied Microsystems sold part of its business to a Motorola Inc. subsidiary. It had planned to focus on developing its Libra Networks hardware and software products for corporate data centers, it said. Shares of Applied Microsystems rose 4 cents, to 21 cents. The news was released after the close of regular trading.
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Northrop Says Sales Will Double by 2005
Date: 17 December 2002
By Bloomberg News
Bloomberg News
The Northrop Grumman Corporation expects annual sales to more than double, to $30 billion, by 2005, helped by last week's purchase of the satellite maker TRW. Northrop, one of the nation's largest military contractors, forecast sales of $25 billion to $26 billion in 2003 and growth of at least 10 percent in 2004 and 2005, the chief executive, Kent Kresa, told a news conference yesterday after closing the $10.7 billion TRW acquisition.
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