Associated Press to Move From Rockefeller Center
Date: 03 January 2003
By Charles V Bagli
Charles Bagli
Associated Press is close to deal to move out of Rockefeller Center headquarters, where it has been in building that has borne its name since it opened in 1938; rent is scheduled to double when lease expires forcing move; AP is scouting locations in Midtown Manhattan (M)
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Political Memo; With No '04 Front-Runner, Democrats Inch Toward Line
Date: 04 January 2003
By Adam Nagourney
Adam Nagourney
Democrats hoping to be party's presidential nominee in 2004 are unusually active this early in game because field is absent a front-runner now that Al Gore has returned to private life; are mindful that they may be pushed to side of public stage for some time if nation goes to war against Iraq; are also hoping that news organizations, in midst of a slow time, may be willing to lower their standards for what might be considered 'news' (M)
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CHRISTOPHER & BANKS REAFFIRMS PROFIT FORECAST
Date: 03 January 2003
By Bloomberg News
Bloomberg News
Christopher & Banks, women's clothing retailer, says profit in quarter ended March 1 will rise in line with forecasts because company sold more holiday goods, controlled inventory and avoided price cuts; sales total sales gained 20 percent, to $47.8 million, in December from year earlier (S)
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SCHERING AFFILIATE WINS APPROVAL FOR SKIN TREATMENT
Date: 03 January 2003
By Bloomberg News
Bloomberg News
Berlex Laboratories, US affiliate of Schering AG, wins Food and Drug Administration approval to sell gel Finacea for skin condition rosacea; gel will be available in US before end of March (S)
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RADIOSHACK'S PROFIT GAIN IS LESS THAN EXPECTED
Date: 04 January 2003
By Bloomberg News
Bloomberg News
RadioShack Corp says fourth-quarter profit rose less than expected; will report fourth-quarter sales on Jan 14 (S)4
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RIVAL'S PAYMENTS HELP SHORE UP ENTREMED'S FINANCES
Date: 03 January 2003
By Bloomberg News
Bloomberg News
EntreMed says it will get $27 million from rival Celgene for rights to its thalidomide-related drugs, giving Entremed enough money to operate into next year; news sets off gain of 40 percent in EntreMed's share price; Celgene, which licensed thalidomide from EntreMed in 1998 to develop cancer drug, will gain full rights to related compounds excluded by that agreement (S)
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RESTORATION HARDWARE STOCK FALLS 32% ON WARNING
Date: 03 January 2003
By Bloomberg News
Bloomberg News
Shares of Restoration Hardware fall 32 percent after company says fourth-quarter profit ended Feb 1 will be less than expected; shares drop $1.60, to $3.41 (S)
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MERCK WINS APPROVAL TO EXPAND USE OF ASTHMA MEDICINE
Date: 03 January 2003
By Bloomberg News
Bloomberg News
Merck wins federal approval to sell its Singulair asthma medication as treatment for hay fever; sales of medicine with new market could top $2 billion in 2003 (S)
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PRE-PAID LEGAL ANNOUNCES CHANGES IN TOP RANKS
Date: 04 January 2003
By Bloomberg News
Bloomberg News
Pre-Paid Legal Services Inc's names chief executive Harland Stonecipher president, replacing Wilburn Smith, who resigned (S)
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