SHARES OF HEALTHSOUTH DECLINE AS MUCH AS 42%
Date: 11 September 1999
By Bloomberg News
Bloomberg News
Shares of Healthsouth Corp fall as much as 42 percent after company says profit margins are shrinking and it will take charges of $250 million to $300 million this year; company also postpones plan to spin off its inpatient operations to shareholders (S)/
Full Article
POTASH, FERTILIZER MAKER, CUTS EARNINGS FORECAST
Date: 11 September 1999
By Bloomberg News
Bloomberg News
Potash Corp has biggest one-day drop since it began trading 10 years ago after it says it will close two US nitrogen plants and reduce by half its third-quarter earnings estimate because of falling prices and weak demand (S)
Full Article
ILLINOIS TOOL IN $3.4 BILLION DEAL FOR PREMARK
Date: 10 September 1999
By Bloomberg News
Bloomberg News
Illinois Tool Works Inc to buy Premark International Inc for $3.4 billion in stock (S)
Full Article
ST. JUDE'S STOCK FALLS AFTER ACQUISITION REPORT
Date: 11 September 1999
By Bloomberg News
Bloomberg News
Shares of St Jude Medical Inc fall as much as 20 percent after it says it will acquire Vascular Science Inc for about $100 million (S)
Full Article
GENERAL ELECTRIC IS CUTTING 1,400 JOBS AT INDIANA PLANT
Date: 10 September 1999
By Bloomberg News
Bloomberg News
General Electric Co to cut 1,400 jobs at refrigerator plant in Bloomington, Ind, or 44 percent of the plant's employees, and move some of the work to Mexico (S)
Full Article
MAPLE LEAF FOODS AGREES TO BUY LANDMARK GROUP
Date: 11 September 1999
By Bloomberg News
Bloomberg News
Maple Leaf Foods Inc acquires Landmark Group
Full Article
WRESTLING FEDERATION SETS ITS NET WORTH AT $1 BILLION
Date: 11 September 1999
By Bloomberg News
Bloomberg News
World Wrestling Federation Entertainment Inc plans to premier on Wall Street as $1 billion company; discloses terms of its initial public offering, saying it plans to sell 10 million class A shares for $14 to $16 each (S)
Full Article