9. januar 2002 var en onsdag under stjernetegnet for ♑. Det var 8 dag på året. Præsident for USA var George W. Bush.
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Date: 10 January 2002
By Bloomberg News
Bloomberg News
Charles Schwab Corp is creating division to sell services like retirement plans to companies, as company seeks to expand its presence in market with $3.5 trillion in client assets; division will be led by Walt Bettinger (S)
Date: 10 January 2002
By Bloomberg News
Bloomberg News
Alcoa offers 4.6 billion kroner ($516 million) for 60 percent of Elkem, Norwegian producer of aluminum and other metals, that it does not already own; bid is rejected as too low by Finn M Jebsen, chief executive of Orkla, Norwegian consumer-goods company that owns 32 percent of Elkem (S)
Date: 09 January 2002
By Bloomberg News
Bloomberg News
The Archer Daniels Midland Company, a grain processor, says it has received a patent on a technique for making health-food supplement ingredients from soybeans and flaxseed. The patent covers a method for isolating chemicals that promote cardiovascular and prostate health, the company said. Archer Daniels is based in Decatur, Ill.
Date: 10 January 2002
By Bloomberg News
Bloomberg News
Oxford Health Plans expects enrollment to rise 2 percent in 2002; stock rises $3.51, to $32.75 (S)
Date: 10 January 2002
By Bloomberg News
Bloomberg News
Martha Stewart sells $45 million stake in Martha Stewart Living Omnimedia to ValueAct Capital Partners, her biggest share sale since company sold stock to public in 1999; sale represents 9 percent of her stock and 6 percent of company; Stewart says sale is for diversification and estate planning purposes (S)
Date: 09 January 2002
By Bloomberg News
Bloomberg News
Sears, Roebuck & Company will eliminate 1,500 jobs and stop selling and installing carpets as it frees space for more profitable products like appliances. The company expects to book an undisclosed amount of costs for the moves in the fourth quarter, a spokeswoman, Peggy Palter, said. The company will report results on Jan. 17. Sears, which employs 275,000, may shift some affected workers to other positions, Ms. Palter said. The job cuts add to 4,900 positions the company is eliminating in an attempt to double its profit in the next three years in its retail, product-installation and repair businesses. Sears, based in Hoffman Estates, Ill., has about 860 department stores and sells carpet at 560 sites.
Date: 09 January 2002
By Bloomberg News
Bloomberg News
1-800-Flowers.com said yesterday that a venture-capital firm had distributed about five million shares to its partners, setting off a 16 percent decline in its stock price. Shares of 1-800-Flowers.com fell $2.76, to $14.62, on the Nasdaq. The venture-capital firm, Benchmark Capital, distributed all the 1-800-Flowers.com shares it owned, 1-800-Flowers said. Benchmark, based in California, acquired the stock in May 1999 in a private purchase. 1-800-Flowers.com, of Westbury, N.Y., first sold shares to the public in August 1999 at $21 each. When Benchmark distributes shares to its partners, ''it puts more shares into the market,'' a 1-800-Flowers.com spokesman, Ken Young, said. ''It's great for liquidity. We'll have about 19 million shares in the market.''
Date: 10 January 2002
By Bloomberg News
Bloomberg News
Coach Inc's profit in second quarter ended Dec 29 is at least 96 cents a share, compared with 88 cents year earlier; sales rose 12 percent, to $235.8 million from $211 million (S)
Date: 09 January 2002
By Bloomberg News
Bloomberg News
Credit Suisse First Boston has named Eileen Murray of Morgan Stanley Dean Witter & Company to be head of global technology and operations, in the second major hiring from his old firm made by John Mack, the chief executive. Ms. Murray spent 18 years at Morgan Stanley, most recently as chief administrative officer for the institutional securities group. At Credit Suisse First Boston, she will be a managing director.
Date: 09 January 2002
By Bloomberg News
Bloomberg News
Temple-Inland, a paper and box maker, dropped its $841 million tender offer for a rival, the Gaylord Container Corporation, after the bid failed to attract the minimum amount of shares and notes. The takeover bid drew criticism from some of Gaylord's bondholders, who said the offer was inadequate. Temple-Inland, based in Austin, Tex., offered 87.5 cents on the dollar for the bonds and $1.25 a share. As of yesterday's deadline, only 84 percent of Gaylord's 47.2 million shares were tendered. Temple-Inland will return all Gaylord shares and notes to their holders. Gaylord is based in Deerfield, Ill.
Date: 09 January 2002
By Bloomberg News
Bloomberg News
The R. H. Donnelley Corporation, an advertising marketer, plans to cut 100 jobs and says 2001 profit was at the lower end of its reduced forecast. Profit for the year was $2.35 to $2.37 a share, excluding $30 million in pretax fourth-quarter costs, partly related to eliminating the 100 jobs, at its Raleigh, N.C., publishing plant, Donnelley said. In October, the company lowered its forecast for the year to $2.35 to $2.40 a share from $2.40. The company said it would report final results in mid-February. Donnelley's advertising sales have been hurt as companies have curtailed spending in a slowing economy. The company, based in Purchase, N.Y., named David Swanson its chief executive on Monday, He will start in May, succeeding Frank Noonan.