APRIA HEALTHCARE SHARES PLUNGE AS A PACT FALTERS
Date: 26 March 1998
By Bloomberg News
Bloomberg News
Shares of Apria Healthcare Group fall after it says investor group headed by Joseph Littlejohn & Levy pulled out of agreement to provide it with $172 million in new financing; Apria says it is suing the group, contending that it refused to meet terms of recapitalization pact (S)
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ASCEND SHARES GAIN ON CONTRACT WITH BRITISH TELECOM
Date: 26 March 1998
By Bloomberg News
Bloomberg News
Ascend Communications Inc says it has signed contract with British Telecom PLC and expects to sell more networking equipment to telecommunications giant; Ascend shares rise $1.4375, to $36.25 (S)
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AMERITECH PLANS TO ELIMINATE $3 BILLION IN EXPENSES
Date: 25 March 1998
By Bloomberg News
Bloomberg News
Richard C Notebaert, chairman and chief executive of Ameritech Corp, says his telecommunications company will eliminate $3 billion in expenses through 2002 in bid to sustain at least 10 percent annual earnings growth (S)
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UNISYS REACHES PACT WITH HEWLETT FOR PC PRODUCTION
Date: 26 March 1998
By Bloomberg News
Bloomberg News
Unisys Corp agrees to deal for Hewlett-Packard Co to supply Unisys with personal computers and entry-level servers as part of plan by Unisys to quit providing personal computers and concentrate on high-end servers; no financial terms disclosed (S)
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MONSANTO TO SELL EYEGLASS LENS UNIT FOR $100 MILLION
Date: 26 March 1998
By Bloomberg News
Bloomberg News
Monsanto Co agrees to sell its Orcolite eyeglass lens unit to BMC Industries for $100 million in cash (S)
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RAYOVAC TO CLOSE 2 PLANTS AND EXPAND BATTERY OUTPUT
Date: 26 March 1998
By Bloomberg News
Bloomberg News
Rayovac Corp will close two plants, consolidate operations at three sites and expand output of alkaline batteries, which make up 90 percent of the market (S)
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BOEING WILL BE 5 PLANES SHORT OF FIRST-QUARTER GOAL
Date: 25 March 1998
By Bloomberg News
Bloomberg News
Boeing Co says it will miss its delivery goals for first quarter by five planes, as production bottlenecks on its 737 assembly line persist; total of 110 aircraft will be delivered in first quarter (S)
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NCO GROUP TO ACQUIRE FCA INTERNATIONAL FOR $68 MILLION
Date: 26 March 1998
By Bloomberg News
Bloomberg News
NCO Group Inc agrees to buy FCA International Ltd for $68 million (S)
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COLGATE-PALMOLIVE PAID CHAIRMAN $3.85 MILLION IN 1997
Date: 25 March 1998
By Bloomberg News
Bloomberg News
Colgate-Palmolive Co paid its chairman and chief executive, Reuben Mark, $3.85 million in 1997, up 44 percent from 1996, and awarded him 2.6 million stock options after directors' compensation committee study found his pay ranked below that of comparable executives (S)
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FSI WORKERS ASKED TO TAKE OFF 10 DAYS TO CUT COSTS
Date: 26 March 1998
By Bloomberg News
Bloomberg News
FSI International Inc asks all employees to take 10 furlough days sometime during fiscal year ending in August to cut costs; FSI also says it has cut its capital spending plans for 1998 to less than $10 million from as much as $15 million (S)
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