16. november 2001 var en fredag under stjernetegnet for ♏. Det var 319 dag på året. Præsident for USA var George W. Bush.
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16th of November 2001 News
Nyheder, som de udkom på forsiden af New York Times på 16. november 2001
British News Organizations Aided by a Cooperative Government and Afghan Fans
Date: 16 November 2001
By Alessandra Stanley and Bill Carter
Alessandra Stanley
Videotape said to show Osama bin Laden gloating over thousands killed on Sept 11 has not been shown to public; is at core of American-led coalition's legal case against him; Sunday Telegraph of London, only news organization to report on tape, says its correspondent 'obtained access' to tape, although it has not surfaced; photo (M)
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U.S. Says Top Bin Laden Aide Believed Killed in Airstrike
Date: 16 November 2001
By Terence Neilan
Terence Neilan
Mohammed Atef, the Al Qaeda terror network's military chief and a close confidant of Osama bin Laden, is believed to have been killed in an American airstrike.
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AUTOMAKER REACHES SETTLEMENT IN BIAS LAWSUITS
Date: 17 November 2001
By Bloomberg News
Bloomberg News
The Ford Motor Company agreed to settle two lawsuits that accused the company, the second-largest automaker, of discrimination in employee evaluations and sought class-action status, a lawyer said. The tentative settlement, reached Wednesday night, is contingent upon also resolving individual discrimination lawsuits against Ford, said James Fett, a lawyer in Pinckney, Mich., who represents clients in one of the lawsuits seeking class-action status and seven individual complaints. He declined to disclose terms of the settlement. Ford is based in Dearborn, Mich. loomberg News)
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VECTOR AGREES TO BUY MEDALLION, A CIGARETTE MAKER
Date: 16 November 2001
By Bloomberg News
Bloomberg News
The Vector Group, the holding company for the Liggett Group and Vector Tobacco, agreed to buy Medallion, the discount cigarette maker, for $110 million. Vector will pay $75 million in cash and $35 million in notes for Medallion, which sells USA, Virginian and Marlin cigarettes. Buying Medallion gives Vector added protection to produce cigarettes without being subject to per-pack assessments accepted by the tobacco industry in its settlement with 46 states. Under that accord, Medallion can produce 60 million packs a year, a 0.28 percent share of the United States market, without paying the states. Vector can make about 350 million packs, a 1.67 percent market share.
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PROFITS INCREASE BY 68% FOR KRISPY KREME DOUGHNUTS
Date: 17 November 2001
By Bloomberg News
Bloomberg News
Profits in Krispy Kreme Doughnuts's fiscal third-quarter rose 68 percent as the company opened stores and consumers ate more doughnuts. Net income rose to $6.48 million, or 11 cents a share, in the quarter ended Oct. 28, from $3.85 million, or 7 cents, in the year-earlier period. Revenue rose 28 percent, to $99.8 million, the company said yesterday. Krispy Kreme added 10 stores in California, Pennsylvania and other states, bringing the total number of stores to 198 at the end of the quarter. Krispy Kreme's sales were not hurt by a decline in consumer spending as much as other retailers' were because comfort foods like doughnuts are appealing when the economy slows, analysts said. Krispy Kreme is based in Winston-Salem, N.C.
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STARBUCKS SHARES FALL AFTER SALES FORECAST IS LOWERED
Date: 17 November 2001
By Bloomberg News
Bloomberg News
Shares of the Starbucks Corporation dropped after the company, the largest specialty-coffee retailer in the United States, lowered its annual revenue and profit estimates and reported slower sales to grocery stores and airlines. The shares fell $1.67, to $17.50. They had fallen 13 percent this year. Starbucks cut its fiscal 2002 sales-growth forecast to 20 percent and said earnings would be 54 cents to 55 cents a share, including a 2-cent gain related to the share sale by Starbucks Coffee Japan Ltd. last month.
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BRISTOL-MYERS PLANS JOB CUTS; SELLS CLAIROL
Date: 17 November 2001
By Bloomberg News
Bloomberg News
The Bristol-Myers Squibb Company is cutting about 1,000 jobs, including 350 in New Jersey, and may announce more reductions as part of a drive to cut costs and eliminate overlapping operations. The cuts were from functions like the corporate staff and global business that recently went through a ''redesign process,'' Peggy Ballman, a spokeswoman, said yesterday. Bristol-Myers, the fifth-largest drug maker, employed about 44,000 in its continuing operations as of Dec. 31, according to a regulatory filing. Bristol-Myers is focusing more on pharmaceuticals under Peter Dolan, who became chief executive in May. Separately, the Procter & Gamble Company completed its $4.95 billion purchase of the Clairol hair-care business from Bristol-Myers. Procter & Gamble, maker of Pantene and Head & Shoulders shampoos, said it would decide how many jobs to eliminate and which factories to close in the next 90 days as it combines operations. Clairol, based in Stamford, Conn., has 4,000 employees. The acquisition adds $1.6 billion in annual sales through brands like such as Nice 'n Easy and Miss Clairol hair color and Herbal Essences shampoos. (Bloomberg News)
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KODAK IS BUYING ENCAD, MAKER OF WIDE-FORMAT PRINTERS
Date: 16 November 2001
By Bloomberg News
Bloomberg News
Eastman Kodak said yesterday that it had agreed to buy Encad Inc., a maker of wide-format inkjet printers used for advertising displays and architectural plans, for about $25 million in stock and cash. Encad, based in San Diego, lost $13.8 million on sales of $93.6 million last year. The acquisition is expected to add to earnings beginning in 2003, Kodak said. Sales of wide-format printers amount to about $2.4 billion a year and are increasing at a 15 percent annual rate, said Yves Millette, general manager of Kodak's printer business.
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3.9% OF MERRILL LYNCH WORK FORCE ACCEPTS BUYOUTS
Date: 17 November 2001
By Bloomberg News
Bloomberg News
Merrill Lynch & Company said yesterday that more than 2,600 employees, or 3.9 percent of its work force, took the buyouts offered as part of the efforts of Stanley O'Neal, its president, to trim expenses and improve profitability at the company. Merrill, with 65,900 employees as of Sept. 30, earned $6,403 per employee in the third quarter, making it the least profitable of the five biggest Wall Street firms. This year Merrill is the top-ranked arranger of United States bond sales, the top seller of convertible bonds, the No. 2 underwriter of global stock sales and the No. 2 mergers adviser, according to Bloomberg data. Merrill will not say how many employees it hopes to cut. Most employees had until Nov. 9 to decide whether to accept the buyout offer. Departures were subject to approval by managers.
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WEIGHT WATCHERS SHARES RISE 23% AFTER INITIAL OFFERING
Date: 16 November 2001
By Bloomberg News
Bloomberg News
Shares of Weight Watchers International rose 23 percent yesterday after the company raised $417.6 million in its initial public offering on Wednesday. The shares rose $5.50, to $29.50. Weight Watchers' owner, Artal Luxembourg, sold most of the 17.4 million shares, or 17 percent of the company, at $24 each. Yesterday, the company raised its asking price for the shares to $23 to $25 from $21 to $23. More than seven million shares changed hands in morning trading. Weight Watchers, based in Woodbury, N.Y., says that about 25 million women and men worldwide use its products and services to lose weight.
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