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IN BRIEF.(TO THE POINT)

Investor's Business Daily

| July 02, 2004 | COPYRIGHT 2004 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

Ceradyne will pay $136 mil for Wacker Ceramics, which is known as ESK and makes the boron carbide powder used in Ceradyne's body and helicopter armor. Shares rose 8% to 38.67.

Hooker Furniture shares rose 5% to 21.14 after news that the firm's Q2 profit of 47 cents a share beat views by 7 cents and the year-ago quarter by 34%.

Maytag reached a tentative settlement with the union representing striking workers at an Iowa plant. Shares fell 1.5% to 24.11.

Goldman Sachs will pay $2 mil to the SEC to settle proceedings involving some IPOs during '99-'00. ...

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