The Daily Deal articles from August 2001

The Daily Deal archives from August 2001

AMF Bowling rolls gutter ball, files for Chapter 11.(company bankruptcy information)(Brief Article)
August 1, 2001... AMF Bowling Inc., the parent of AMF Bowling Worldwide Inc., the world's largest operator of bowling centers, said Tuesday it filed for Chapter 11 bankruptcy protection. The move follows AMF Bowling Worldwide's Chapter 11 filing July 2. AMF said...

After Elettrogen sale, Enel looks to unload Eurogen.(energy industry)(Brief Article)
August 1, 2001... Following the sale of the Elettrogen power generation company to a consortium lead by Spanish utility Endesa SA in July, the steering committee of Italian state-controlled utility Enel SpA has given the go-ahead to the sale of a second...

Andersen says oil and gas M&A to continue.(industry mergers and acquisitions report)(Brief Article)
August 1, 2001... Chicago accounting giant Andersen said Tuesday that natural gas acquisitions helped drive capital spending in the North American oil industry last year, which more than doubled over 1999 to $70 billion. According to its survey, unproved...

Bank Hapolaim plans N.Y. funding.(company financial planning information)(Brief Article)(Statistical Data Included)
August 1, 2001... Bank Hapolaim is holding negotiations for an investment in a New York-based investment bank, according to a statement by Israel's largest commercial bank, which said the funding could reach $50 million. Hapolaim officials would not comment...

Blue Ocean Software.(receives funding from Summit Partners)(Brief Article)
August 1, 2001... Tampa, Fla.-based Blue Ocean Software Inc., a maker of help desk, PC inventory and systems management technology, has landed a $25 million investment from Palo Alto, Calif.-based Summit Partners. The infusion has been put toward marketing in...

CGNU pays $127M for half of Caixa.(Caixa Galicia)(Brief Article)
August 1, 2001... In its third Spanish banking insurance partnership, U.K. insurer CGNU plc agreed to pay an initial [pound]89 million ($127 million) for a 50% stake and management control in the life and pensions subsidiary of bank Caixa Galicia. Further...

CU Realty.(receives funding)(Brief Article)
August 1, 2001... Online real estate company CU Realty Inc. has secured $250,000 in seed capital from five undisclosed angel investors, the company said Tuesday. The Scottsdale, Ariz.-based company provides resources to homeowners, buyers and sellers who are...

GE buys Texas towers for $120M.(from Crescent Real Estate Equities Co)(Brief Article)
August 1, 2001... General Electric Pension Trust said Tuesday it has acquired a majority interest in two office buildings in Texas from Crescent Real Estate Equities Co. for about $120 million in cash. GE acquired an 80% interest in Four Westlake Park, a class A...

Germany's Heyde avoids bankruptcy with sale.(Heyde AG )(Brief Article)
August 1, 2001... Technology-focused management and financial services consulting group Heyde AG avoided a slide into bankruptcy with the sale of three subsidiaries for a combined DM30 million ($13.4 million), the listed company announced Tuesday. Heyde sold all...

HOME Media Networks.(receives funding)(Brief Article)
August 1, 2001... Edinburgh, Scotland-based software company HOME Media Networks has raised [pound]500,000 ($712,000) from a group of private investors including technology entrepreneurs Andy Davis and Nick Felisiak. The money will be used to develop sales in...

Hancock takes Australia's PaperlinX.(Hancock Financial Services Inc and PaperlinX)(Brief Article)
August 1, 2001... Hancock Victorian Plantations Holdings Pty. Ltd., the Australian subsidiary of Boston's John Hancock Financial Services Inc., has agreed to acquire the Victoria assets of PaperlinX Ltd. for $77 million. The deal, expected to close Aug. 31,...

Insession Technologies.(initial public offering information)(Brief Article)
August 1, 2001... Insession Technologies Inc. withdrew its $70 million initial public offering Tuesday. The company hadn't specified the price or share volume. The Hinsdale, Ill.-based company provides e-commerce infrastructure software and services. Proceeds...

Mesophotonics.(Brief Article)
August 1, 2001... British photonic crystal technology company Mesophotonics Ltd. said Tuesday it has raised [pound]2.8 million ($4 million) in a first round of funding from BTG plc, a publicly traded early-stage technology investment company in England....

NavTrak.(BaseCamp Ventures)(Brief Article)
August 1, 2001... Early-stage venture firm BaseCamp Ventures of Mt. Laurel, N.J., announced Tuesday the first closing of a $3.5 million investment in NavTraK Inc., a Salisbury, Md.-based wireless communications company that markets Web-enabled, real-time,...

Qumas.(receives funding)(Brief Article)
August 1, 2001... Regulatory compliance management technology provider Qumas Ltd. of Cork, Ireland, has netted an investment from Accenture Technology Ventures, it said Tuesday. Financial details of the funding were not disclosed. Proceeds from the funding are...

Revlon sells Wales cosmetics plant.(CW Cosmetics Ltd.)(Brief Article)
August 1, 2001... Revlon Inc., the struggling New York cosmetics giant, said Tuesday it is selling the U.K. business unit that operates its manufacturing plant in Maesteg, Wales, to CW Cosmetics Ltd. of the U.K., for $20 million. Revlon will receive $10 million...

ST Assembly gets stake in Winstek.(acquisition information)(Brief Article)(Statistical Data Included)
August 1, 2001... Singapore-based ST Assembly Test Services Ltd., a provider of chip assembly and testing services, said Monday it will pay $28 million in cash for a majority stake in privately held Winstek Semiconductor Corp. Winstek, founded in April 2000 and...

SimonDelivers.com.(receives funding)(Brief Article)
August 1, 2001... Online grocer SimonDelivers.com Inc. of Golden Valley, Minn., has received $10 million from investors, including Blue Chip Venture Co. of Cincinnati, and will close its fourth round of funding Aug. 3, American City Business Journals Inc....

Tiscali to buy Spanish ISP Inicia from Grupo Prisa.(Brief Article)
August 1, 2001... Italian Internet service provider Tiscali SpA said Tuesday it agreed to buy Spanish ISP Inicia from media company Grupo Prisa SA for [Euro]8.2 million ($7.2 million) in cash. Inicia has 300,000 subscribers and operates an online portal that...

Ultryx.(ABB AG)(Brief Article)
August 1, 2001... Software provider Ultryx Corp. of Columbus, Ohio, has tapped $4 million from the Industrial IT Venture Fund of ABB New Ventures Ltd., part of Zurich-based technology company ABB. The company, which has formed a technology partnership with ABB,...

companyfinance.com.(Brief Article)
August 1, 2001... Networks and software developer companyfinance.com of Burlingame, Calif., has secured an undisclosed amount of second-round funding led by New York VC firm TopSpin Partners LP. Other participants in the round, which closed July 17, include KAL...

President Casinos looks for Broadwater extension.(Brief Article)
August 1, 2001... Byline: Jonathan Berke President Casinos Inc. may be unable to file a reorganization plan to lift its President Broadwater Hotel resort out of bankruptcy by an Aug. 17 deadline, but it still expects the property to emerge this fall from...

Pace of dot-com closures slows.(Webmergers Inc.)(Brief Article)
August 1, 2001... Byline: David Shabelman SAN FRANCISCO -- Two recent reports suggest the amount of company closures and employee layoffs in the Internet industry may be ebbing. According to Webmergers Inc. of San Francisco, 32 Internet companies shut...

Pacific Cycle wants to up Schwinn bike bid.(Brief Article)
August 1, 2001... Byline: Terry Brennan Pacific Cycle, a bicycle maker owned by private equity firm Wind Point Partners of Southfield, Mich., is seeking the go-ahead today for the chance to raise the ante to $73.3 million in the bidding for the bike unit of...

Reuters, Bridge settle suit against SunGard.(Bridge Information Systems Inc. and Reuters Group plc settled their suit against SunGard Data Systems Inc)(Brief Article)
August 1, 2001... Byline: David Ehrlich Bridge Information Systems Inc. and Reuters Group plc settled their suit against SunGard Data Systems Inc. on Aug. 1. The suit, consolidated earlier this week from two separate suits filed by Bridge and Reuters,...

Hedstrom emerges from bankruptcy.(Brief Article)
August 1, 2001... Byline: Danny Fortson Hedstrom Corp., a Pittsburgh-based maker of children's play equipment, announced Aug. 1 it has emerged from Chapter 11 bankruptcy 15 months after it filed. The company will be headed by current management with...

The search party.(Prudential Insurance Company of America)
August 1, 2001... Byline: Jack Milligan If lined up end-to-end, the packages would have stretched from Manhattan to Salt Lake City. They each weighed 1.7 pounds. The contents required nearly 15 million tons of recycled paper, 90,000 pounds of ink and...

Citicorp gives Metromedia more time, again.(Metromedia Fiber Network)(Brief Article)
August 1, 2001... Byline: Leon Lazaroff Citigroup Inc.'s Citicorp USA banking unit gave Metromedia Fiber Network Inc. two more weeks to come up with $107.5 million toward a credit facility and a $200 million line of credit from its vendors. The...

New EM.TV CEO outlines plan.(EM.TV & Merchandising AG; Werner Klatten)(Brief Article)
August 1, 2001... Byline: Jonathan Braude MUNICH -- Few would envy the task facing Werner Klatten, the designated CEO and management board chairman of struggling German media company EM.TV & Merchandising AG. Klatten, a media executive, joined the...

Sam Wyly vows quick changes for CA.(Computer Associates International Inc.)(Brief Article)
August 1, 2001... Byline: Cheryl Meyer LOS ANGELES -- Sam Wyly fleshed out his plan Aug. 1 to revamp Computer Associates International Inc. The Texas tycoon, whose Dallas-based Ranger Governance Ltd. is waging a proxy fight for governance of the...

Enex to announce IPO next week.(Brief Article)
August 1, 2001... Byline: Giles Parkinson SYDNEY -- Swiss-based private commodities group Glencore International AG is expected next week to unveil an initial public offering of coal unit Enex Resources Ltd. on the Australian Stock Exchange, a listing...

Standard Chartered to list in Hong Kong.(Brief Article)
August 1, 2001... Byline: Kazuhiko Simizu HONG KONG -- London's Standard Chartered Bank said Wednesday that it has applied to the Hong Kong Stock Exchange for a listing and expects shares to start trading in the fourth quarter. "I am delighted to...

Australia backs Qantas' deal for Air NZ.(Brief Article)
August 1, 2001... Byline: Giles Parkinson SYDNEY -- The Australian government intervened Wednesday in the battle for control of Air New Zealand Ltd., declaring its strong support for a refinancing deal proposed by Qantas Airways Ltd. After meeting New...

There's a takeover in Future Network's future.(Brief Article)
August 1, 2001... Byline: Richard Morgan in New York and Laura Board in London Less than two months after off-loading business technology magazine Business 2.0, U.K. publisher The Future Network plc said Aug. 1 it is in talks about a takeover. The...

SkyePharma buys stake in RTP.(Brief Article)
August 1, 2001... Byline: Brian Cattell LONDON -- British drug delivery company SkyePharma plc said Wednesday it acquired a 40.2% stake in privately held Canadian company RTP Pharma Inc. for $25 million in cash and stock and will buy 100% by 2004 if RTP...

Deutsche Bank may sell Alex. Brown unit.(Brief Article)
August 1, 2001... Byline: Laura Board After second-quarter profits shrank by almost a half, Deutsche Bank AG is considering a sale of the loss-making private client advisory business of U.S. investment bank Deutsche Bank Alex. Brown. Deutsche Bank CEO...

Cendant's buy of Galileo hits snag.(Brief Article)
August 1, 2001... Byline: Victorya Hong in Brussels and Jaret Seiberg in Washington Hotel and car rental franchiser Cendant Corp. must refile its European Union regulatory notification for its $2.9 billion acquisition of travel reservation system Galileo...

Rabble Babble.(Vishay Intertechnology Inc.'s (VSH) unsolicited takeover bid for General Semiconductor Inc.)(Brief Article)
August 1, 2001... Byline: Stacy Mosher The news never rests, and nowhere is it busier than on the Internet bulletin boards. This column excerpts the choicest messages on the latest deals. Postings are selected from several sources, including Yahoo!, Raging...

Salem Communications strikes again.(Brief Article)
August 1, 2001... Byline: Greg Johnson Salem Communications Corp. Wednesday added to its growing, coast-to-coast flock of Christian-themed radio stations. The Camarillo, Calif., operator said it would acquire KJUN-FM in Portland, Ore. from Thunderegg...

FASB urged to address pro forma reporting.(Brief Article)
August 1, 2001... Byline: Charles Sisk WASHINGTON -- The chairman of the House panel that oversees accounting issues urged Financial Accounting Standards Board chairman Edmund Jenkins Tuesday to draft rules that would regulate "pro forma" financial...

Cooper weighs Danaher's bid.(Brief Article)
August 1, 2001... Byline: Charles Sisk in Washington Danaher Corp.'s bid for Cooper Industries Inc. will hinge on a shareholder vote over whether to move Cooper to Bermuda, Danaher officers and analysts said Wednesday. Danaher disclosed Aug. 1 that it...

Star Gas acquires Meenan Oil for $120M.(Brief Article)
August 1, 2001... Byline: Claire Poole in Houston Star Gas Partners lp, a home energy distributor in Stamford, Conn., continued its acquisition spree Aug. 1, grabbing Meenan Oil Inc. of Syosset, N.Y., for about $120 million. The purchase significantly...

Wam!Net extends financing deadline.(Brief Article)
August 1, 2001... Byline: Danny Fortson Facing bankruptcy, struggling digital data management company Wam!Net Inc. has managed to pull together a $115 million financing agreement from Cerberus Capital Management LP in a last-ditch effort at survival. ...

Planes, trains and megadeals.(Brief Article)
August 1, 2001... Byline: David Carey On an early fund-raising stop in 1999, Reginald Jones III and his partners at Greenbriar Equity Group, Joel Beckman and Gerald Greenwald, faced off against a skeptic -- one of many. "We weren't getting any love,"...

Dealflow -- August 1, 2001.
August 1, 2001... Byline: George White COMPUTER HARDWARE AND SOFTWARE Elixent Bristol, U.K.-based Elixent, a provider of a patented custom silicon design technology, has raised $14 million in initial funding from the 3i Group plc and industrial...

Instill raises $10M, acquires rival.(Brief Article)
August 1, 2001... Byline: Lou Whiteman A California company that sells supply chain software to the food service industry picked up $12 million in financing and a former rival in two separate transactions announced Aug 1. Instill Corp. of Redwood City...

Scientific laser maker gets $10M.(Applied Optoelectronics Inc.)(Brief Article)
August 1, 2001... Byline: Clifford Carlsen Scientific laser maker Applied Optoelectronics Inc. has raised $10 million in a second round of funding to help complete its expansion into laser components for the telecommunications market, continuing a...

Darby eyes Brazil, Mexico and Argentina.(Darby Overseas Investment Management)(Brief Article)
August 1, 2001... Byline: Ivan Castano Darby Overseas Investments Ltd., an investment firm chaired by former U.S. Treasury Secretary Nicholas F. Brady, said Wednesday it has launched a Latin American investment unit with IBM Corp., Comcast Interactive...

TriVirix closes $13.5M round.(Brief Article)
August 1, 2001... Byline: Katherine Goncharoff Richard M. West, whose medical device and biotech tool maker announced Wednesday the close of a $13.5 million funding round, has two words of advice for entrepreneurs seeking financing these days. "Start...

4thpass.(Brief Article)
August 2, 2001... Seattle-based 4thpass Inc., a provider of software for use in next-generation Java-compliant wireless devices, received $8 million in first round financing from Motorola Ventures, the venture arm of Motorola Inc., and Nextel Communications...

Ajuba International.(Brief Article)
August 2, 2001... Novi, Mich.-based Ajuba International, an offshore business process outsourcing firm, raised $2.5 million in Series B funding from Cognizant Technology Solutions, K1 Ventures and individual investors. The round was led by K1 Ventures, which...

Asbury Automotive Group.(Brief Article)
August 2, 2001... Asbury Automotive Group Inc., a Stamford, Conn.-based company that operates a retail chain that services cars and sells automotive parts, added Salomon Smith Barney Inc. to its underwriters for its planned $150 million initial public offering....

Calpine buys rest of power plant.(Brief Article)
August 2, 2001... San Jose, Calif., power plant developer Calpine Corp. said Wednesday it agreed to acquire the 50% it doesn't own in a 240-megawatt combined cycle cogeneration facility in Gordonsville, Va., from Edison Mission Energy, a unit of Rosemead,...

Canada's CAE takes Valmarine SA.(Brief Article)
August 2, 2001... CAE Inc., a Toronto supplier of aviation simulation and training systems, has made its second foray into the European market by agreeing to acquire the Drammen, Norway-based Valmarine AS for C$58 million ($38 million) in cash and stock. CAE...

Central Garden & Pet gets final bids.(Brief Article)
August 2, 2001... Central Garden & Pet Co. has taken final bids for its pet division and will likely receive between $300 million and $350 million for the property, or between a six and seven times Ebitda multiple, said a source close to the deal. Lafayette,...

Cinemetrix.(Brief Article)
August 2, 2001... Online animation firm Cinemetrix Inc. has secured an undisclosed amount of Series B funding from Vanguard Atlantic, an existing shareholder, the company said Wednesday. The Newton Upper Falls, Mass.-based firm, which until recently was known as...

Elixent.(Brief Article)
August 2, 2001... Bristol, U.K.-based Elixent, a provider of a patented custom silicon design technology, has raised $14 million in initial funding from the 3i Group plc and industrial investors Actel Corp. and Hewlett-Packard Co. Elixent says it will use this...

FNB gobbles up Salem Community.(Brief Article)
August 2, 2001... FNB Corp., the Christiansburg, Va., parent of First National Bank, said Wednesday it would pay about $40 million to acquire Salem Community Bankshares Inc., the Salem, Va., holding company of Salem Bank & Trust NA. Under the terms, Salem...

French union CGT blasts Moulinex-Brandt sales.(Brief Article)
August 2, 2001... A labor union Wednesday attacked what it called a plan by troubled Franco-Italian kitchen appliance maker Moulinex-Brandt SA to sell plants, including its Krups North America factory in Peoria, Ill. Thierry Lepaon, head of the CGT union at...

GE keeping Honeywell appeal options open.(Brief Article)
August 2, 2001... General Electric Co. said it was keeping its options open on whether to appeal a European Union regulatory decision to block its $41 billion acquisition of avionics company Honeywell International Inc. "Our position is the same. We're reviewing...

G&L Realty shareholders group raises offer.(Brief Article)
August 2, 2001... A dissident G&L Realty Corp. shareholder group said Wednesday that it had once again revised its offer to acquire the medical office building owner, raising it to $16.35 a share in cash if the REIT allows the shareholders to conduct due...

IDS agrees to buy rival Petrocon for $10M.(Industrial Data Systems Inc.)(Brief Article)
August 2, 2001... Industrial Data Systems Corp., a Houston provider of energy control systems, said Wednesday it has reached agreement to acquire crosstown competitor Petrocon Engineering Inc. for $10 million in stock. IDS is parting with 9.8 million newly...

MagCode.(Brief Article)
August 2, 2001... Heidenheim, Germany-based MagCode AG said Wednesday it has closed its second round of funding led by Target Partners, which contributed [Euro]2.5 million ($2.2 million), with participation by Innotech Corp, which contributed [Euro]1.25 million....

MolecularWare.(Brief Article)
August 2, 2001... Bioinformatics company MolecularWare Inc. of Cambridge, Mass., has tapped $2.5 million in first-round financing led by Aspen Investment Group and KnowledgeCube Group Inc. The fresh cash will be put toward the commercialization of the company's...

OpNext.(Brief Article)
August 2, 2001... Eatontown, N.J.-based OpNext Inc. said Wednesday it closed a $321 million investment from Clarity Group, a partnership between Los Angeles private equity firm Clarity Partners and Japanese brokerage Marubeni Group. OpNext is a spinoff of...

PHT.(Brief Article)
August 2, 2001... Electronic data management systems provider PHT Corp. of Charlestown, Mass., said Wednesday it has completed $20 million in Series D financing led by Care Capital llc. Other participants in the round included Merck Capital Ventures, Hambrecht...

Paion.(Brief Article)
August 2, 2001... Seoul-based Paion Co. Ltd., a fabless switch chipset company that designs Layer 3 network processors and switch fabrics, has secured $3.2 million in funding for its second round. Hong Kong-based Nirvana Capital Ltd. was lead investor. The...

Ramoil seeks financing help.(Ramoil Management Ltd.)(Brief Article)
August 2, 2001... Ramoil Management Ltd., a Las Vegas management consultancy, said Wednesday that it has hired United Strategic Alliance llc to help procure about $167 million in funding for Ramoil's proposed acquisition of a division of Australia's Pacific...

Rio Tinto nabs Australian talc mine.(WMC Ltd.)(Brief Article)
August 2, 2001... Melbourne, Australia mining giant Rio Tinto Ltd. said Wednesday it reached an agreement to purchase the Three Springs talc mine and processing plant in Western Australia from WMC Ltd., also of Melbourne, for $27.8 million cash. Closing is...

Rococo Software.(Brief Article)
August 2, 2001... Dublin-based startup Rococo Software raised 2.5 million Irish pounds ($2.8 million) in first-round financing to fund the final development, marketing and sales of its wireless applications product. The product, Impronto, is a Java-based tool...

Scale Eight.(Brief Article)
August 2, 2001... Data storage solution provider Scale Eight Inc. of San Francisco has secured $23 million in third-round funding. Oak Investment Partners led the round, with support from new investor STAR Ventures and existing shareholders InterWest Partners,...

Tembec acquires Jager Industries.(Brief Article)
August 2, 2001... Citing greater demand for specialized lumber products, Montreal forest products company Tembec Inc. said Wednesday it has acquired the building systems division of Calgary, Alberta-based Jager Industries Inc. for C$75 million ($49 million). The...

UbiCall Communications.(Brief Article)
August 2, 2001... Brussels-based UbiCall Communications Inc., a voice over the Web services provider, said Wednesday it has raised an additional [Euro]764,000 ($658,000) from angel investors. Institutional investors include ProSeed Capital Holdings, CD Technicom...

Xtend Networks.(Brief Article)
August 2, 2001... Israeli startup Xtend Networks, a maker of cable transmission technology, has raised $10 million from Syntek Capital and Giza Venture Capital, Israel Business Arena reported Wednesday. Syntek, a European venture capital fund, invested $9...

Inchon could be Hanbo's second suitor.(Inchon Iron and Steel Company Ltd., Hanbo Steel Co.)(Brief Article)
August 2, 2001... Byline: Michael Baker SEOUL -- Inchon Iron & Steel Co. is interested in acquiring the bankrupt Hanbo Iron & Steel Co. and thus could compete with AK Capital BV, Hanbo's only publicly declared suitor until now. Hanbo presaged South...

Winstar DIP pricing, fees attest to struggles.(Winstar Communications Inc. debtor in position, Blackstone Group)
August 2, 2001... Byline: Jonathan Berke It is hardly surprising that bankrupt Winstar Communications Inc. has told Blackstone Group to shop the company, since the wireless telecom provider's three-month battle to land enough debtor-in-possession financing...

Rhythms NetConnections faces liquidation.(Brief Article)
August 2, 2001... Byline: Leon Lazaroff Rhythms NetConnections, an Englewood, Colo.-based provider of high-speed Internet access, filed for Chapter 11 bankruptcy protection Aug. 2, setting up a likely liquidation of the company's assets. The...

MetaMarkets to close mutual funds.(Brief Article)
August 2, 2001... Byline: David Weidner MetaMarkets.com, the San Francisco-based asset manager that tried to distinguish itself by giving investors full disclosure of its holdings, is closing its two mutual funds, the company announced Thursday. In an...

WGI widens charges against Raytheon.(Washington Group International)(Brief Article)
August 2, 2001... Byline: Charles Sisk WASHINGTON -- Washington Group International Inc. broadened its legal claim against Raytheon Co. accusing the Lexington, Mass.-based defense company Aug. 2 of transferring more than $475 million from a construction...

ICN may rework restructuring plan again.(ICN Pharmaceuticals Inc.)(Brief Article)
August 2, 2001... Byline: Kevin DeGeeter Plans to split ICN Pharmaceuticals Inc. into three publicly traded companies by year's end are on track, but ICN executives now suggest that the company's capital structure may be different than they originally...

APP details trouble in China, Indonesia.(Brief Article)
August 2, 2001... Byline: Padraic Cassidy Heavily indebted Asia Pulp & Paper Co., a Singapore-based company whose shares are listed on the New York Stock Exchange, Thursday said its subsidiaries in China and Indonesia lost $939 million last year. The...

Layoff watch: week of July 30.(Brief Article)
August 2, 2001... Byline: Kurt Schulitz Although the number of dot-coms going out of business declined from June to July, employees of new and old economy companies still are being laid off in droves. Palo Alto, Calif.-based Hewlett-Packard Co. said...

Global Switch set to list by reverse merger.(Brief Article)
August 2, 2001... Byline: Nicola Hobday LONDON -- Faced with a cratered IPO market for technology-related companies, Global Switch SarL has opted to go public through a different route -- a reverse merger. The Luxembourg-based group, which provides...

No Bunge jump, shares flat on first day.(Bunge Ltd.)(Brief Article)
August 2, 2001... Byline: Heidi Nasr Agriculture company Bunge Ltd., a spinoff of Bermuda-based Bunge International Ltd., turned in a disappointing first-day performance Thursday. The 17.6 million shares on offer were priced at $16 by co-lead managers...