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BUSINESS BRIEFS.(TO THE POINT)
INTERNET
USA offers to buy out three units
Barry Diller's USA Interactive offered $4.5 bil to buy out its majority-owned Expedia, Ticketmaster and Hotels.com units to build up its e-commerce business. USA offered a 7.5% premium over its Friday close. It'll pay in stock, and will adjust the share ratios depending on USA's share price. Expedia and Ticketmaster rose 3%, Hotels.com gained 2%. They're mulling the offer. USA said the deal isn't dilutive, but it slid 13%.
Napster files for bankruptcy
The once popular song-swap service listed $7.9 mil in assets and about $101 mil of debt . The filing is part of a plan by German media giant Bertelsmann to take over what's left of Napster for $8 mil. Napster, which owes Bertelsmann $91 mil, has been offline since July.
ICANN panel offers Web reforms
The group set up by the Internet Corporation for Assigned Names and Numbers, which oversees the Web's traffic system, moved closer to a complete overhaul. The panel recommended making the controversial body run more ...
- Wolf Haldenstein Adler Freeman and Herz LLP Commences Knight Trading Group,...
- Press release article from: PR Newswire July 22, 2002 700+ words
...behalf of purchasers of the common stock of Knight Trading Group, Inc. ("Knight Trading" or the "Company") between February...the "Class Period") against defendants Knight Trading and Kenneth D. Pasternak. The case name...
- Fruchter & Twersky, LLP Announces Filing of Class Action Complaint Against...
- Press release article from: Business Wire July 10, 2002 700+ words
...LLP announced today that it has filed a class action complaint against Knight Trading Group, Inc. ("Knight Trading" or the "Company"), and former Knight Trading Chief Executive Officer Kenneth D. Pasternak alleging that defendants...
- Knight Trading Group Announces Management Promotions To Lead Its Nasdaq/OTC and...
- Press release article from: PR Newswire September 10, 2001 700+ words
...Knight Securities, L.P., Knight Trading Group's Nasdaq and OTC Market...Market-Making Subsidiary of Knight Trading Group JERSEY CITY, N.J., Sept. 10 /PRNewswire/ -- Knight Trading Group, Inc. (Nasdaq: NITE...
- Hoffman & Edelson, LLC Announces Class Action Lawsuit Against Knight Trading...
- Press release article from: Business Wire July 23, 2002 700+ words
...behalf of purchasers of the common stock of Knight Trading Group, Inc. ("Knight Trading" or the "Company") (NASDAQ: NITE...Class Period"), against defendants Knight Trading and Kenneth D. Pasternak. The Complaint...
- Zacks Buy List Highlights: Hovnanian, Knight Trading Group, CNET Networks, and...
- Press release article from: Business Wire September 10, 2003 700+ words
...Hovnanian Enterprises (NYSE:HOV) and Knight Trading Group, Inc. (NASDAQ:NITE). Further...may want to look toward Hovnanian. Knight Trading Group, Inc. (NASDAQ:NITE) is...equity options. In mid-August, Knight Trading reported that average daily U.S...
- Class Action Lawsuit Commenced Against Knight Trading Group Inc. (NITE) By...
- Press release article from: PR Newswire November 21, 2000 700+ words
...the publicly-traded securities of Knight Trading Group, Inc. (Nasdaq: NITE) ("Knight Trading" or the "Company"), between July...as defendants in the complaint are Knight Trading, Kenneth Pasternak (President and...
- Buy List Highlights: Maxtor Corporation, Knight Trading Group, Scientific...
- Press release article from: Business Wire October 8, 2003 700+ words
...Maxtor Corporation (NYSE:MXO) and Knight Trading Group, Inc. (NASDAQ:NITE). Further...so too should the stock's price. Knight Trading Group, Inc. (NASDAQ:NITE) is...equity options. Earlier this week, Knight Trading Group announced that it expects to...
- Knight Trading Group Directors Elect Thomas C. Lockburner to Board.
- Press release article from: PR Newswire February 26, 2004 700+ words
Knight Trading Group, Inc. today announced that...Executive Officer and President of Knight Trading Group. "He has applied his knowledge...distinguished career. The Board of Knight Trading Group welcomes him heartily." Biography...
- Knight Trading Group Promotes Peter Santoro to Lead Options Market-Making Unit...
- Press release article from: PR Newswire March 21, 2002 700+ words
JERSEY CITY, N.J. -- Knight Trading Group, Inc. today announced...market-making subsidiary of Knight Trading Group. Mr. Santoro was Senior...Interim Chief Executive Officer of Knight Trading Group. "Peter also has the...
- Zacks Buy List Highlights: Knight Trading Group, Stanley Works, Archer Daniels...
- Press release article from: Business Wire May 12, 2004 700+ words
...highlight the following companies: Knight Trading Group, Inc. (NASDAQ:NITE) and...to 5% of all the stocks we rank: Knight Trading Group, Inc. (NASDAQ:NITE) is...equity options. For its first quarter, Knight Trading Group reported earnings of 26 cents...