Kean Name vs. Doubt on Bush Makes for Tossup in New Jersey
Date: 27 October 2006
By David W. Chen and Marjorie Connelly
David Chen
Senate race in heavily Democratic state of New Jersey is extremely tight, according to New York Times/CBS News Poll; poll suggests that Republican challenger Thomas H Kean Jr is doing surprisingly well in year when other Republicans are struggling because he is son of one of state's most popular politicians, former Gov Thomas H Kean; Sen Robert Menendez is thought to be nation's most vulnerable Democratic Senate incumbent; Kean's commercials attacking him as unethical and corrupt appear to be working, with many voters saying that corruption is first thing that springs to mind when asked about Menendez; 58 percent of those favoring Menendez say they do so as rebuke to Pres Bush, while 68 percent say they want to help swing Senate to Democrats; neither candidate has generated much enthusiasm, and more than half of those surveyed say they have no opinion--good or bad--about them; over all, race is statistical tossup; graphs (M)
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Colorado Coach to Quit
Date: 26 October 2006
By Bloomberg News
Bloomberg News
The University of Colorado coach, Ricardo Patton, said he would resign when his contract expired after the coming season. Patton said uncertainty over the status of his contract, which expires on July 1, 2007, led to his decision.
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General Motors Is Expanding Hummer Sales
Date: 27 October 2006
By Bloomberg News
Bloomberg News
General Motors said it would begin Hummer sales in Australia next year as it adds international markets for the vehicle, its fastest-growing brand. The Hummer H3 midsize sport utility vehicle will start arriving at Australian dealers in mid-2007, G.M. said. Australia will be Hummer’s 39th market. The H3s will be built in the company’s factory in Port Elizabeth, South Africa.
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Ford to Nearly Double Purchase of China-Made Parts
Date: 27 October 2006
By Bloomberg News
Bloomberg News
Ford will buy $2.5 billion to $3 billion in auto parts in China to cut production costs.
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World Business Briefing | Australia: General Motors Is Expanding Hummer Sales
Date: 27 October 2006
By Bloomberg News
Bloomberg News
General Motors says it will begin Hummer H3 sales in Australia in 2007 as it expands its international market (S)
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Chinese Investment Company Buys Oil Assets
Date: 27 October 2006
By Bloomberg News
Bloomberg News
The China International Trust and Investment Corporation will buy the Kazakhstan oil assets of the Nations Energy Company of Canada for $1.9 billion, adding reserves to meet surging demand in China. China International, a government investment company, is buying assets that produce 50,000 barrels of oil a day and hold more than 340 million barrels of oil equivalent. An assistant president at China International, Zhang Jijing, said the company might also build a refinery in Kazakhstan.
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World Business Briefing | Asia: China: Investment Company Buys Oil Assets
Date: 27 October 2006
By Bloomberg News
Bloomberg News
China International Trust and Investment Corp plans to buy Kazakhstan oil assets of Nations Energy Co of Canada for $1.9 billion (S)
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Ex-Fund Executive Settles Securities Fraud Case With S.E.C.
Date: 27 October 2006
By Bloomberg News
Bloomberg News
The former chief executive of Pimco Advisors Distributors settled a fraud case by paying a $572,000 fine.l
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Former Trader Convicted in Fraud Case
Date: 27 October 2006
By Bloomberg News
Bloomberg News
David Finnerty was convicted of federal charges that his improper trades defrauded investors of $4.5 million.
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Ex-Fund Executive Settles Securities Fraud Case With S.E.C.
Date: 27 October 2006
By Bloomberg News
Bloomberg News
Former Pimco Advisors Distributors chief executive Stephen Treadway settles securities fraud case brought by Securities and Exchange Commission by paying $572,000 fine; agrees to one-year ban on serving as officer or director of investment company (S)
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