AMERISHAM TO BUY REST OF BIOSCIENCES UNIT
Date: 13 March 2002
By Bloomberg News
Bloomberg News
Amersham, biggest maker of imaging products used to diagnose diseases, plans to pay about $1 billion in cash for Pharmacia Corp's share of joint venture called Amersham Biosciences after abandoning plans to sell stock in unit; Amersham is exercising option to buy 45 percent of unit it does not already own (S)
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NYFIX TO BUY JAVELIN TECHNOLOGIES FOR $55 MILLION
Date: 13 March 2002
By Bloomberg News
Bloomberg News
Nyfix Inc, operator of electronic trading systems for securities and derivatives, agrees to buy Javelin Technologies for about $55 million in stock and cash to add institutional clients (S)
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TENET HEALTHCARE TOPS PROFIT ESTIMATES FOR QUARTER
Date: 12 March 2002
By Bloomberg News
Bloomberg News
Tenet Healthcare Corp, leading hospital chain, says earnigs topped estimates in fiscal third quarter ended Feb 28 (S)
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STATE STREET'S CHIEF FINANCIAL OFFICER IS LEAVING
Date: 13 March 2002
By Bloomberg News
Bloomberg News
State Street Corp's chief financial officer Ronald O'Kelley is leaving company; executive vice president Stefan Gavell will be interim chief financial officer until permanently replacement is found (S)
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FEDEX TO SHIP 200,000 PACKAGES A YEAR FOR HYUNDAI
Date: 13 March 2002
By Bloomberg News
Bloomberg News
FedEx Corp wins contract to be exclusive carrier for Hyundai Motor Co's US sales network, shipping 200,000 packages per year; financial tersm undisclosed (S)
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CALPINE GETS $1.6 BILLION CREDIT TO FORTIFY ITS FINANCES
Date: 13 March 2002
By Bloomberg News
Bloomberg News
Calpine Corp, builder and operator of power plants, delays or cancels $3 billion of turbine purchases and obtains $1.6 billion in bank cedit to shore up its finances; purchases are with General Electric Co, Siemens AG and Toshiba Corp (S)
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TYCO WILL SPIN OFF ITS CIT FINANCE DIVISION
Date: 13 March 2002
By Bloomberg News
Bloomberg News
Tyco International Ltd will spin off its entire CIT Group finance unit, accelerating plan to split into four companies to quell investor concerns about accounting complexity (S)
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BAUSCH & LOMB CREDIT RATING CUT TO JUNK LEVEL
Date: 12 March 2002
By Bloomberg News
Bloomberg News
Moody's Investors Service lowers credit rating of Bausch & Lomb Inc to junk status, possibly requiring company to pay $200 million loan immediately (S)
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BANK OF NEW YORK BUYS ASSET MANAGEMENT FIRM
Date: 12 March 2002
By Bloomberg News
Bloomberg News
Bank of New York Co acquires Gannett Welsh & Kotler Inc, asset manager based in Boston; financial terms undisclosed (S)
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GE CAPITAL PLANS TO RAISE $6 BILLION IN DEBT SALE
Date: 13 March 2002
By Bloomberg News
Bloomberg News
General Electric Co's financing unit, GE Capital Corp, plans to raise $6 billion in biggest corporate debt sales this year, tapping bond market before economic recovery drives up borrowing costs (S)
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