RAYTHEON AND LOCKHEED TO SHARE 2 CONTRACTS
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Raytheon Co and Lockheed Martin Corp, in agreement reached to settle complaint over awarding of contracts, will share two Federal Aviation Administration contracts for air traffic control upgrades (S)
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SANYO SPECIAL STEEL TO START VENTURE WITH TIMKEN
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Sanyo Special Steel Co agrees with Timken Co, largest American bearing maker, to form Advanced Green Components LLC to take over production at Timken's Kentucky factory (S)
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VERIZON WIRELESS TO GIVE $600 MILLION IN DISCOUNTS
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Verizon Wireless Inc agrees to provide as much as $600 million in discounts to settle suit by cell-phone customers nationwide who claim company hid service charges (M)
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ATLAS AIR REACHES TENTATIVE AGREEMENT WITH PILOTS
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Freight unit of Atlas Air Worldwide Holdings Inc reaches tentative contract agreement with its pilots and flight engineers, avoiding strike (S)
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MEDTRONIC WINS F.D.A. APPROVAL FOR HEART DEVICE
Date: 28 June 2002
By Bloomberg News
Bloomberg News
Medtronic Inc wins Food and Drug Administration approval of pacemakerlike device called InSync ICD combined with defibrillator that treats advanced heart failure; device is priced at about $27,000, and cost can go as high as $40,000 (S)
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CAMPBELL SOUP TO ACQUIRE ERIN FOODS FROM GREENCORE
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Campbell Soup Co agrees to buy dry-soup maker Erin Foods, subsidiary of Greencore Group, for $26 million (S)
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PRIVATE CAPITAL COUNTERS WYLY'S BID FOR BOARD SEATS
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Private Capital Management LP will support, with voting shares it owns, board of directors of Computer Associates International Inc against renewed proxy challenge by investor Sam Wyly (M)
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ECLIPSYS STOCK DROPS 45% AFTER REPORTING LOSS
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Stock of health-care software maker Eclipsys Corp plunges after company forecasts second-quarter loss of 7 cents to 10 cents a share (S)
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MORTON'S ACCEPTS CASTLE HARLAN'S $63 MILLION OFFER
Date: 29 June 2002
By Bloomberg News
Bloomberg News
Morton's Restaurant Group, owner of chain of steakhouses, accepts $63 million takeover offer from Castle Harlan Inc, which raised its offer to match that of Carl C Icahn (S)
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FEDEX TRUCKING UNIT FOLLOWS RIVALS IN RAISING RATES
Date: 28 June 2002
By Bloomberg News
Bloomberg News
FedEx Corp's trucking unit is raising freight shipping rates 5.9 percent, effective July 22, to pay for technology and equipment improvements and to help cover higher health care and insurance costs (S)
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