The Bad News on Certification Was Old News to the Market
Date: 02 March 2003
By Mark Hulbert
Mark Hulbert
Mark Hulbert column on new study that found stock market did not much care whether chief executives began certifying accuracy of their companies' financial statements; market did not punish stocks of companies that failed to meet Securities and Exchange Commission's Aug 15 deadline because market had detected financial problems at these companies many weeks earlier and had already driven down stocks (M)
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Chinese Power Grid Postpones Share Sale
Date: 03 March 2003
By Bloomberg News
Bloomberg News
Guangdong Guangdian Power Grid Group scraps $1 billion share sale because Chinese government wants it to merge with some of its poorer counterparts first (S)
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Venezuela's Inflation Reached 5.5% Last Month, a 7-Year High
Date: 03 March 2003
By Bloomberg News
Bloomberg News
Venezuelan monthly inflation rate is 5.5 percent in February, seven-year high, as price controls and restrictions on dollar sales cause shortage to appear (M)
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Newcastle Takes Share of Second
Date: 02 March 2003
By Bloomberg News
Bloomberg News
Tony Kanaan takes pole for Toyota Indy 300 (S)
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NEWS SUMMARY
Date: 03 March 2003
INTERNATIONAL A2-6 Turkish Leaders to Seek New Vote on U.S. Troops Foreign Minister Yasar Yakis of Turkey, under intense American pressure, indicated that his government would ask Parliament to vote a second time on whether to allow American troops to use the country as a base for a military action against Iraq. Mr. Yakis spoke one day after the country's lawmakers rejected such a plan. A1 Iraqi Exiles' Compromises Iraqi opposition leaders ended their first conference on Iraqi soil in 10 years, issuing a statement that demonstrated their determination to bridge their differences. They insisted on the right of Iraqis to govern themselves if Saddam Hussein is ousted and creating a political framework for a post-liberation leadership. Their statement also opposed allowing Turkey to move military forces into northern Iraq. A10
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NEWS SUMMARY
Date: 02 March 2003
INTERNATIONAL 3-8 Pakistan Says It Arrested Suspected 9/11 Planner Khalid Shaikh Mohammed, suspected of planning of the Sept. 11 attacks on New York and Washington and one of the F.B.I.'s most wanted terrorists, was detained by Pakistani authorities, officials here said. The arrest represented a major victory in the American-led global search for pivotal leaders of Al Qaeda. 1 Iraq Begins Missile Destruction Iraq began destroying its short-range Al Samoud missiles, crushing four of them under the supervision of U.N. weapons inspectors, the latest in a series of steps that Baghdad has swallowed in hopes of staving off war. There was no comment from the Iraqi government. 1
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DataBank; Earnings News Hurts a Nervous Market
Date: 02 March 2003
By Jeff Sommer
Jeff Sommer
Week's stock market performance noted; graphs; tables (S)
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Major Catch, Critical Time
Date: 02 March 2003
By David Johnston
David Johnston
David Johnston analysis holds that apprehension of Khalid Shaikh Mohammed, possibly most fearsome of Osama bin Laden's chief lieutenants, is huge blow to Al Qaeda and comes at critical juncture for Pres Bush, who has faced criticism that his focus on Iraq has distracted nation from war against terror; notes that officials believe Mohammed was planning new operation and may be able to supply information what is being planned, on what scale, who is involved and where they are; says arrest suggests that counterterrorism agents are capable of significant direct action after months when government's security apparatus seemed caught in throes of reorganization (M)
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Change in Ownership, Not Point of View
Date: 03 March 2003
By Matt Richtel
Matt Richtel
James Poole acquires domaine name for Iraqi News Agency site after Iraqi Satellite TV fails to renew registration, and he uses it to attack Saddam Hussein (M)
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Wells Says He's Sorry for Uproar Over Book
Date: 02 March 2003
New York Yankees pitcher David Wells apologizes for distraction that his controversial book Perfect I'm Not! Boomer on Beer, Brawls, Backaches and Baseball is providing for team and media (S)
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