For Jets, Preseason Will Begin In Japan
Date: 25 January 2003
By Judy Battista
Judy Battista
Football Notebook discusses New York Jets, which will open exhibition season in Japan against Tampa Bay Buccaneers; NFL fines Oakland Raiders $50,000 for absence of several players from media sessions before Super Bowl (M)
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LONGTIME EXECUTIVE AT MERRILL LYNCH RETIRES
Date: 25 January 2003
By Bloomberg News
Bloomberg News
Merrill Lynch & Co vice chairman Jerome Kenney retires (S)
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MONEY-LOSING AMERICAN ELECTRIC CUTS DIVIDEND
Date: 25 January 2003
By Bloomberg News
Bloomberg News
American Electric Power Co reduces stock dividend 42 percent to save $340 million annually; reports it eliminated 1,300 jobs in fourth quarter (S)
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CHRISTIE'S RAISES COMMISSION ON SALES ABOVE $100,000
Date: 25 January 2003
By Bloomberg News
Bloomberg News
Christie's International will raise commissions on auction sales to 12 percent of amounts above $100,000 from 10 percent; buyers' premium on first $100,000 remains at 19.5 percent (S)
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MEDSOURCE STOCK PLUNGES AFTER IT LOWERS FORECAST
Date: 25 January 2003
By Bloomberg News
Bloomberg News
Shares of medical instruments maker MedSource Technologies Inc lose nearly half their value after company cuts its 2003 profit forecast (S)
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QUEST DIAGNOSTICS REDUCES ITS PROFIT OUTLOOK
Date: 25 January 2003
By Bloomberg News
Bloomberg News
Medical laboratory service Quest Diagnostics Inc cuts first-quarter profit forecast; stock price falls (S)
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LIQUID AUDIO SETTLEMENT ALLOWS DIVIDEND PAYMENT
Date: 25 January 2003
By Bloomberg News
Bloomberg News
Internet music distributor Liquid Audio Inc will pay $58 million dividend to investors after settling legal challenge by Bertelsmann division BeMusic Inc, which claimed dividend would leave Liquid Audio unable to pay its obligations in patent infringement suit; accord includes $7 million reserve to cover suit costs; Liquid Audio, selling assets as it moves to dissolve, sells digital music fulfillment business to Geneva Music for $3.2 million (S)
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No Love Lost
Date: 25 January 2003
By Bloomberg News
Bloomberg News
NFL players rate Philadelphia Eagles' Veterans Stadium as worst playing surface (S)
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Mattel Wins Damages in Case
Date: 25 January 2003
By Bloomberg News
Bloomberg News
Mattel Inc wins $1.9 million in damages when jury finds rival Dorel Industries Inc subsidiary Safety 1st infringed patents for portable bassinets and baby bouncers (S)
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Acquisition Helps Lift Stanley Works' Profit
Date: 25 January 2003
By Bloomberg News
Bloomberg News
Stanley Works reports fourth-quarter net income rose to $21.9 million from $6.5 million a year earlier; sales rose 3.1 percent (S)
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