BROADCOM REPORTS CHARGE RELATED TO 3 RESIGNATIONS
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Broadcom Corp, leading maker of cable-modem chips, says former head of its ServerWorks unit and two other employees have left company, contributing to $129 million expense in second quarter; severance pay for the three--Raju Vegesna, Ken McMaster and Kimball Brown--will result in $88 million expense (S)
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COMPUTER HORIZONS SAYS AQUENT'S OFFER IS INADEQUATE
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Computer Horizons Corp says that unsolicited takeover offer of $5 a share from Aquent LLC is 'grossly inadequate' (S)
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TENET HEALTHCARE AGREES TO RAISE PAY OF NURSES
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Tenet Healthcare Corp agrees to raises of as much as 29 percent for some nurses in California and Florida; three-year agreement between company and two labor groups bars nurses from striking (S)
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MIRANT TO SELL NATURAL-GAS CONTRACTS TO CARGILL
Date: 02 May 2003
By Bloomberg News
Bloomberg News
Mirant Corp sells Canadian natural-gas contracts to Cargill; financial terms undisclosed (S)
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U.S. INVESTIGATORS SEARCH ROTECH HEALTHCARE OFFICES
Date: 02 May 2003
By Bloomberg News
Bloomberg News
Rotech Healthcare Inc says federal regulators searched five of its offices, looking for financial records; agents decline comment on inquiry; Rotech said in September it would restate profit back to 1999 (S)
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Technology Briefing | Software: Macromedia Shares Surge On Profit News
Date: 02 May 2003
By Bloomberg News
Bloomberg News
Shares of Macromedia Inc, maker of Web-design software, surge after company reports its second straight quarter of profit; shares climb $4.11, or about 32 percent, to $16.81; graph (S)
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BOSTON PRIVATE AGREES TO BUY STAKE IN INVESTMENT FIRM
Date: 03 May 2003
By Bloomberg News
Bloomberg News
Boston Private Financial Holdings Inc agrees to buy 80 percent of Dalton, Greiner, Hartman, Maher and Co, closely held investment firm, for about $75 million (S)
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DUKE ENERGY TO SELL $700 MILLION IN CONVERTIBLE NOTES
Date: 02 May 2003
By Bloomberg News
Bloomberg News
Duke Energy Corp plans to sell $700 million in senior notes convertible to stock and due in 2023 (S)
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BERKSHIRE HATHAWAY MAY PROFIT FROM TYCO BONDS
Date: 02 May 2003
By Bloomberg News
Bloomberg News
Berkshire Hathaway Inc bought almost $900 million of Tyco International Ltd bonds last year when two former top executives of Tyco were charged with looting company (S)
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ST. JUDE MEDICAL ACQUIRES 19 PERCENT STAKE IN EPICOR
Date: 03 May 2003
By Bloomberg News
Bloomberg News
St Jude Medical Inc takes 19 percent stake in Epicor Medical Inc for $15 million and may buy all of company next year for $185 million (S)
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