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IN BRIEF.(TO THE POINT)

Investor's Business Daily

| December 03, 2002 | COPYRIGHT 2002 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

Highfields Capital, a big Stilwell Financial holder, has raised its stake in the parent of Janus mutual funds and hired the Blackstone Group to scrutinize Stilwell's reorganization plan and look at options.

GE Capital will sell $4 bil of five- and 10-year global bonds Tuesday, sources said. The GE unit has $262 bil of debt.

Disney may create a "presiding director" post today to lead board sessions when no managers are present, reports say. Other firms have created similar positions.

Fiat's labor talks will fail, resulting in more strikes, said the leader of Italy's largest ...

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