India's Top Party Chief Resigns After Tape Hints He Took Bribe
Date: 14 March 2001
By Celia W. Dugger
Celia Dugger
Bangaru Laxman, president of party that leads India's governing coalition, resigns after Internet journalists who had posed as arms merchants for undercover investigation report they have videotapes showing he took bribe to help dealers (S)
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WESTON EXECUTIVES AGREE TO ACQUIRE COMPANY
Date: 13 March 2001
By Bloomberg News
Bloomberg News
Group of senior managers at Roy F Weston Inc, led by chief executive, William L Robertson, agrees to buy company, environmental cleanup concern, for about $51 million to take it private (S)
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SCRIPPS SAYS FIRST-QUARTER EARNINGS WILL DISAPPOINT
Date: 13 March 2001
By Bloomberg News
Bloomberg News
E W Scripps Co says first-quarter earnings will be less than forecast because of reduced advertising sales (S)
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FRIEDE GOLDMAN AND NORWEGIAN DRILLER SETTLE DISPUTE
Date: 13 March 2001
By Bloomberg News
Bloomberg News
Shares of Friede Goldman Halter rise 34 percent after company, which builds offshore drilling equipment, says it resolved two-year dispute with Norwegian driller Ocean Rig; Ocean Rig will pay Friede Goldman to finish building two offshore rigs (S)
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FANNIE MAE EXPECTS TO BEAT GROWTH ESTIMATES FOR 2001
Date: 14 March 2001
By Bloomberg News
Bloomberg News
Fannie Mae expects to earn more this year than previously estimated because of falling mortgage rates has led to boom in lending and refinancing (S)
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MAIL-WELL SAYS QUARTERLY PROFIT WILL MISS FORECAST
Date: 14 March 2001
By Bloomberg News
Bloomberg News
Mail-Well, commercial printing company, says first-quarter earnings will miss estimates because slowing economy has reduced orders for printing; has reduced its work force by 5 percent this year; plans to close 11 plants and offices (S)
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G.E. SAYS PROFITS WILL INCREASE AT LEAST 10% THIS YEAR
Date: 14 March 2001
By Bloomberg News
Bloomberg News
General Electric Co says that its profit will rise in 2001 by at least 10 percent and that earnings from its planned purchase of Honeywell International will be greater than previously estimated (S)
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US UNWIRED TO SELL 173 COMMUNICATIONS TOWERS TO SBA
Date: 13 March 2001
By Bloomberg News
Bloomberg News
US Unwired will sell as many as 173 communications towers in Southeast to SBA Communications Corp for about $54.1 million; US Unwired, which provides mobile-phone service, will lease space on each of towers for $1,500 per month (S)
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BANK MERGER IN BELGIUM
Date: 14 March 2001
By Bloomberg News
Bloomberg News
Dexia, one of Belgium's largest banks, agreed to pay 3.3 billion euros ($3 billion) for the closely held Artesia Banking to bolster insurance sales and expand its banking network 50 percent. Dexia will offer 17.9 million new shares to buy 99.5 percent of Artesia from Arcofin, a Belgian financial holding company.
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BRAZIL'S INDUSTRIAL OUTPUT IS UP
Date: 14 March 2001
By Bloomberg News
Bloomberg News
Brazil's industrial output grew at fastest pace in 11 months in January (S)
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