Resignation at CNN; Renewal at Fox
Date: 15 March 2001
Stuart Varney angrily resigns as an anchor at CNN's Moneyline News Hour; protested when Ted Turner referred to staff members wearing ashes on Ash Wednesday as 'Jesus freaks'; Fox News Channel signs Bill O'Reilly to six-year deal as host of The O'Reilly Factor (S)
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Standing of Both Clintons Declines in New Poll
Date: 15 March 2001
By Adam Nagourney and Janet Elder
Adam Nagourney
Latest New York Times/CBS News poll finds Bill Clinton's standing with American public has plummeted in two months since he left White House, reaching its lowest level since before he arrived in Washington; 51 percent of respondents view him unfavorably; despite this, most of those polled say they believe his explanation for last-minute pardons that have shadowed his exit from public life; results of poll suggest even out of office Clinton continues to inspire intense if somewhat conflicted reactions from Americans; his problems apparently spill over onto his wife, Sen Hillary Rodham Clinton; more than 40 percent of Americans nationwide say they have unfavorable view of her; neither poll's sample is large enough to measure Sen Clinton's standing among her New York constituents (M)
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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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KIMBALL INTERNATIONAL TO MISS THIRD-QUARTER ESTIMATE
Date: 15 March 2001
By Bloomberg News
Bloomberg News
Kimball International, which makes office furniture and electronic parts, said fiscal third-quarter earnings will miss analysts' estimates; says it has laid off 600 workers since January because of demand for durable goods (S)
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VAN DER MOOLEN AGREES TO BUY SCAVONE, McKENNA
Date: 15 March 2001
By Bloomberg News
Bloomberg News
Van der Moolen Holding NV of Netherlands agrees to buy Scavone, McKenna, Cloud & Co for $60 million, strengthening its position as exchange's No. 5 market specialist (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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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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CLOROX SAYS ITS PROFIT WILL FALL SHORT OF FORECASTS
Date: 15 March 2001
By Bloomberg News
Bloomberg News
Clorox Co says annual profit will be less than already reduced forecasts because of higher energy costs and declining sales of Glad bags, STP fuel additives and its namesake bleach (S)
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CKE WILL SELL ITS TACO BUENO UNIT FOR $72.5 MILLION
Date: 15 March 2001
By Bloomberg News
Bloomberg News
CKE Restaurants, which owns Hardee's and Carl's Jr hamburger chains, will sell its Taco Bueno subsidiary to Jacobson Partners for $72.5 million (S)
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