PALMSOURCE CHAIRMAN TO RESIGN FROM BOARD
Date: 14 August 2004
By Bloomberg News
Bloomberg News
PalmSource Inc's chairman Eric Benhamou will resign from its board after next annual meeting as company further separates itself from former parent, PalmOne Inc; Benhamou plans to remain chairman of PalmOne (S)
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DEPARTURE OF CHIEF HURTS CONSECO SHARES
Date: 14 August 2004
By Bloomberg News
Bloomberg News
Shares of Conseco Inc fall to their lowest level since it emerged from bankruptcy last September on investor concern that departure of its chief executive William Shea will delay company's recovery; company's general counsel William Kirsch will replace Shea (S)
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NATIONAL-OILWELL TO BUY VARCO INTERNATIONAL
Date: 13 August 2004
By Bloomberg News
Bloomberg News
National-Oilwell, maker of oil and gas drilling equipment, acquires Varco International for about $2.4 billion in stock (S)
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F.D.A. ALLOWS EPILEPSY DRUG TO BE SOLD FOR MIGRAINES
Date: 13 August 2004
By Bloomberg News
Bloomberg News
Johnson & Johnson receives Food and Drug Administration approval to market its Topamax epilepsy pills for preventing migraine headaches (S)
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GENERAL MEDIA'S PLAN TO LEAVE BANKRUPTCY IS APPROVED
Date: 13 August 2004
By Bloomberg News
Bloomberg News
US Bankruptcy Judge Stuart M Bernstein approves plan by General Media, publisher of Penthouse magazine, to leave bankruptcy by transferring ownership of company to its bondholders from its parent Penthouse International; Penthouse International, which owns 100 percent of General Media's common stock, will not receive anything; Penthouse opposes plan and may seek to have it overturned (S)
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AMERISOURCEBERGEN MAY BUY BACK $500 MILLION IN STOCK
Date: 14 August 2004
By Bloomberg News
Bloomberg News
AmerisourceBergen Corp, drug wholesaler, forecasts little change in sales and earnings for fiscal 2005 and says it might repurchase as much as $500 million in stock to increase per-share profit (S)
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AMERICAN SEAFOODS DELAYS INITIAL PUBLIC OFFERING
Date: 13 August 2004
By Bloomberg News
Bloomberg News
American Seafoods Corp postpones its initial public stock offering, citing 'adverse market conditions' (S)
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MACE SECURITY INTERNATIONAL IS BEING REVIEWED BY S.E.C.
Date: 13 August 2004
By Bloomberg News
Bloomberg News
Mace Security International says Securities and Exchange Commission inquires about company's dealings with investor Price Legacy Corp; wants information and documents relating to Price Legacy's sale of 1.88 million Mace shares; also wants information on Price Legacy's payment of $8.95 million to Mace in exchange for comapny's removal of sales restriction from 1.75 million of shares that were sold (S)
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KEY ENERGY SEEKS MORE TIME TO FILE FINANCIAL REPORTS
Date: 14 August 2004
By Bloomberg News
Bloomberg News
Key Energy Services Inc requests more time from lenders to finish belated financial reports because audit prompted by suspected employee fraud probably will last beyond Sept 30 deadline (S)
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PAYLESS PLANS TO CLOSE OR SELL 292 MORE STORES
Date: 13 August 2004
By Bloomberg News
Bloomberg News
Payless ShoeSource plans to close or sell additional 292 stores after second-quarter earnings declined and sales fell for 10th time in last three years; net income fell 29 percent, to $3.7 million from $5.2 million year earlier (S)
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