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Date: 12 May 2004
By Bloomberg News
Bloomberg News
American brewer Anheuser-Busch wins support from Chinese city of Harbin to buy city's 29 percent stake in local beer maker Harbin Brewery Group, gaining advantage over company's other investor SAB Miller (S)
Date: 11 May 2004
By Bloomberg News
Bloomberg News
Georgia-Pacific Corp sells assets for total of $1.4 billion that will be used to reduce debt (S)
Date: 11 May 2004
By Bloomberg News
Bloomberg News
Cantor Fitzgerald and its ESpeed electronic bond-trading unit say Jeffrey Chertoff, who serves as chief financial office of both companies, is resigning and that James Ryan will succeed him as chief financial officer at Cantor; Ryan will serve as interim chief executive officer of ESpeed until it finds successor (S)
Date: 11 May 2004
By Bloomberg News
Bloomberg News
Danaher Corp agrees to buy telecommunications-testing product lines of Harris Corp for about $50 million (S)
Date: 11 May 2004
By Bloomberg News
Bloomberg News
Insurance executive Gregory Shepard drops his bid to buy eight million shares of State Auto Financial Corp and instead will sell one million shares to financier Carl Icahn for $13 per share (S)
Date: 11 May 2004
By Bloomberg News
Bloomberg News
Liberty Media Corp reports first-quarter loss of $10 million compared with net income of $132 million year earlier; reported sales rose more than fourfold, to $2.4 billion, because Liberty is including results of QVC shopping network, which has owned in full since September (S)
Date: 12 May 2004
By Bloomberg News
Bloomberg News
J P Morgan Chase & Co receives European Union approval to buy Bank One Corp for about $55 billion (S)
Date: 11 May 2004
By David Carr
David Carr
News organizations wrestle with how many and how much of graphic photographs of American soldiers torturing and humiliating Iraqi prisoners they should show, and their decisions are drawing controversy of their own; some critics accuse news organizations of serving antiwar agenda and endangering troops and Americans overseas by showing such shocking images; most of broadcast networks and cable news channels have shown many of images; Fox News Channel is using them less and less, and Bill O'Reilly , host on Fox, suggests that pictures will be used to 'promote violence against Americans'; David Remnick, editor of New Yorker, which published two stores about prisoner abuse by Seymour M Hersh, defends use of images (M)
Date: 11 May 2004
Henry Schein Inc., Melville, N.Y., which provides services and equipment to medical offices, said it would expand its headquarters at a cost of $30 million, adding 800 jobs on Long Island by the end of the decade. American Financial Realty Trust, Jenkintown, Pa., a real estate investment trust that leases properties to financial institutions, said it planned to acquire 179 bank branches and 84 office buildings from Bank of America Corp., Charlotte, N.C., for about $546 million.
Date: 12 May 2004
By Bloomberg News
Bloomberg News
Wallace Weitz, who heads Weitz Value Fund and other mutual funds, testifies that Adelphia Communications' former chief financial officer Timothy Rigas said in 2001 that 'outside investors' helped Rigases buy company stock and debt, fraud trial of Adelphia founder John J Rigas and his two sons (M)