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Investor's Business Daily

| June 04, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

COCA-COLA named ex-Kodak CEO Daniel Palumbo its chief marketer. He replaces Stephen Jones, who quit in March.

AHOLD wants to sell all or part of U.S. Foodservice, the Financial Times reported. The unit is at the center of the Dutch grocer's accounting scandal. It has several suitors, but the price is likely to be a fraction of the $3.6 bil Ahold paid in '00.

DAIMLERCHRYSLER sees its Chrysler unit losing $1.17 bil in Q2, due to lower sales and higher incentives. The automaker cut ...

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