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BUSINESS BRIEFS.(A)
FINANCE
Quattrone faces ban for no-show
Credit Suisse First Boston broker Frank Quattrone faces an NASD ban and being fired after not appearing for an NASD hearing last week, sources said. Quattrone didn't want to hurt himself amid criminal probes. NASD wants to know if he urged workers to trash records, since the firm was being probed.
HSBC: '03 looks "hard to predict'
The global bank, which is buying credit card firm Household Int'l, says Mideast uncertainty, corporate cost cuts and rising health care and pension costs will dampen borrowing. For '02, it earned a pretax profit of $9.65 bil, short of views but up 20%. HSBC raised its '02 dividend 10.4% to 50 cents and plans to switch to quarterly dividends.
TRANSPORTATION
United says fare cuts are working
- Exelon makes $6.2-bil. bid for NRG.(Briefs)
- Magazine article from: Crain's Chicago Business October 27, 2008 700+ words
Exelon CEO John Rowe is undertaking a potentially hostile acquisition of Princeton, N.J., power generator NRG Energy, which rejected an overture by Exelon last month. The $6.2-billion, all-stock bid would create the largest U.S. power company. NRG urged its shareholders to take no action until the
- P&G's $7 bil bid for Wella seen as wise; As Clairol struggles, move could make...
- Magazine article from: Advertising Age March 24, 2003 700+ words
Byline: JACK NEFF Even as P&G proposes to acquire Germany's mainly overseas Wella hair-care and fragrance business for $7 billion, the company continues to struggle with U.S. declines in Clairol brands it acquired 16 months ago. Both analysts and P&G, however, view $3.7 billion Wella as
- NBC's Gold Wins Olympics; $2 Bil Bid Takes 2010/2012 Games, Includes Broadband...
- Magazine article from: TelevisionWeek Greppi, Michele June 9, 2003 700+ words
Byline: Michele Greppi NBC has won the American media rights to the 2010 and 2012 Olympics with a bid that adds up to more than $2.2 billion. That represents an increase of some 47 percent over the $1.5 billion pre-emptive deal with which NBC secured the U.S. rights to the three Olympic Games
- Exelon alternating currents in IP deal; $2.5-bil. bid reverses Rowe's stance on...
- Magazine article from: Crain's Chicago Business September 29, 2003 700+ words
Byline: STEVE DANIELS Exelon Corp.'s $2.5-billion bid for Illinois Power Co. is aimed less at profiting from today's electricity markets than at influencing the power-regulation landscape in Illinois three years from now. John W. Rowe, chairman and CEO of Exelon, parent of Commonwealth Edison Co.,
- Trib eyes Minneapolis paper: competing against media rivals with $1-bil. bid....
- Magazine article from: Crain's Chicago Business Borden, Jeff November 10, 1997 700+ words
Tribune Co., which began as a newspaper company and has evolved into a diversified media concern with a score of TV and radio stations, is mounting a strong bid for the parent of Minneapolis' Star-Tribune. The offer is expected to top $1 billion, based on the high multiples that profitable
- Media maven sets digital drive ; Hong Kong's Li makes brash $1.5 bil bid to...
- Magazine article from: Advertising Age Madden, Normandy July 17, 2000 700+ words
[hong kong] Gutsy Hong Kong media entrepreneur Richard Li is challenging the might of Western media giants such as Time Warner and News Corp. to dominate digital media. On July 4 in London, he launched Network of the World, a converged broadband Internet and TV portal (now.com) billed as an
- Kraft borrows InBev model in plotting play for Cadbury; Food giant uses similar...
- Magazine article from: Advertising Age Mullman, Jeremy York, Emily Bryson September 14, 2009 700+ words
Byline: JEREMY MULLMAN and EMILY BRYSON YORK If kraft foods' aggressive PR strategy behind its unsolicited $16.8 billion bid for Cadbury looks familiar, it's because the marketer is pulling from a successful playbook: InBev's takeover of Anheuser-Busch. Undeterred that its initial bid was turned
- Business Briefs: 165 Guiding Principles from the World's Sharpest Minds.
- Magazine article from: Entrepreneur Phillips, Debra January 1, 1997 700+ words
...surely appreciate the straightforwardness of Russ Wild's Business Briefs: 165 Guiding Principles From the World's Sharpest Minds...there's enough entrepreneurial information provided to make Business Briefs worthwhile.
