TIFFANY SELLS STAKE IN CANADIAN MINING COMPANY
Date: 08 December 2004
By Bloomberg News
Bloomberg News
Tiffany & Co sells $13.9 percent stake in Aber Diamond Corp, Canadian mining company, for $268 million; Tiffany paid about $70 million for stake in July 1999 to help Aber finance its Diavik diamond mine in Canada's Northwest Terroritories (S)
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MIRANT TO PAY $12.5 MILLION IN SETTLEMENT WITH REGULATOR
Date: 07 December 2004
By Bloomberg News
Bloomberg News
Mirant Corp, neither admitting nor denying wrongdoing, agrees to pay $12.5 million to settle charges by Commodity Futures Trading Commission that Mirant Americas Energy Marketing unit falsely reported natural gas trades and tried to manipulate fuel prices (S)
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PEOPLESOFT SAYS IT IS WORTH $31 A SHARE TO ORACLE
Date: 08 December 2004
By Bloomberg News
Bloomberg News
PeopleSoft says its shares are
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CHURCH & DWIGHT WITHDRAWS FROM DEL LABS PURCHASE
Date: 08 December 2004
By Bloomberg News
Bloomberg News
Church & Dwight Co, which makes Pepsodent and Mathadent toothpastes, will not participate in acquisition of Del Laboratories and will instead focus on building its oral care business; investment firm Kelso & Co will continue with purchase on its own; companies said in July they would pay $385 million in cash for Del Labs (S)
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DELPHI ACQUIRES PEAK INDUSTRIES, A MEDICAL DEVICE MAKER
Date: 08 December 2004
By Bloomberg News
Bloomberg News
Delphi Corp acquires Peak Industries, maker of medical devices, for $44 million (S)
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TIME WARNER MAY PAY A DIVIDEND, ITS CHIEF SAYS
Date: 07 December 2004
By Bloomberg News
Bloomberg News
Chief executive Richard Parsons says Time Warner may give some of its $6.9 billion in cash back to shareholders in form of dividend (S)
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World Business Briefing | Americas: Canada: Interest Rate Steady
Date: 08 December 2004
By Bloomberg News
Bloomberg News
Canada's central bank leaves its benchmark interest rate unchanged at 2.5 percent and backs off plan to raise borrowing costs in future, saying country's surging currency might slow exports and inflation (S)
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Technology Briefing | Telecommunications: F.C.C. To Delay Digital TV Vote
Date: 07 December 2004
By Bloomberg News
Bloomberg News
Federal Communications Commission chairman Michael Powell reportedly expects to postpone until early 2005 vote on his plan to convert American television system to digital technology by January 2009 (S)
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Technology Briefing | Hardware: 3Com Revenue Misses Forecast
Date: 07 December 2004
By Bloomberg News
Bloomberg News
3Com Corp reports second-quarter revenue missed its forecast; loss for period ended November 26 is as much as $153 million (S)
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