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Date: 10 January 2004
By Bloomberg News
Bloomberg News
International Business Machines and RealNetworks Inc are collaborating on new programs for selling Internet-based audio and video services; will combine two companies' software to allow users access to such media as Internet-based television and digital music (S)
Date: 10 January 2004
By Bloomberg News
Bloomberg News
WestPoint Stevens Inc to close four factories and cut 975 jobs beginning in mid-March; company filed for bankruptcy protection in June (S)
Date: 10 January 2004
By Bloomberg News
Bloomberg News
Vital Images Inc, maker of medical-imaging software, lowers earnings estimate for 2003 because of slower-than-expected sales in fourth quarter; acquires HInnovation Inc, maker of software that allows doctors to view medical images over Internet, for $12 million in stock and cash and as much as $6 million in payments if certain goals are met (S)
Date: 10 January 2004
By Bloomberg News
Bloomberg News
Strikes by employees of several California grocery stores might have adverse effect on earnings of Medicare health plan operator PacifiCare Health Systems Inc; PacifiCare insures 48,000 United Food and Commercial Workers members who have gone on strike since October, and provides drug prescription services to an additional 200,000 striking union workers (S)
Date: 10 January 2004
By Bloomberg News
Bloomberg News
Rite Aid reassigns chief financial officer Chris Hall because he is in settlement talks with Securities and Exchange Commission over accounting probe at his former employer Ralphs Grocery; Hall is named senior vice president for real estate and planning; is replaced by John T Standley (S)
Date: 10 January 2004
By Bloomberg News
Bloomberg News
Independent Bank Corp acquires Falmouth Bancorp for $36.9 million in cash and stock (S)
Date: 10 January 2004
By Bloomberg News
Bloomberg News
Pulte Homes says fourth-quarter orders for new homes increased 31 percent as buyers took advantage of low mortgage rates; preliminary net orders for new homes for quarter rose to 8,465 homes from 6,458 in year-earlier period; preliminary net new orders totaled 34,989 homes for full year, compared with 30,830 homes previous year, increase of 13.5 percent (S)
Date: 10 January 2004
By Bloomberg News
Bloomberg News
Moody's Investors Service might cut credit rating of Toys 'R' Us to below investment grade because of disappointing holiday sales (S)
Date: 11 January 2004
East Side News Rack Safety Committee co-chairwoman Liberty T Rees letter on January 4 article holds news rack owners could avoid fines by make conscientious effort to comply with New York City law