Corning to Meet with Investors on the West Coast and in Boston
Business Wire - July 30, 2003
Business Editors
CORNING, N.Y.--(BUSINESS WIRE)--July 30, 2003
Corning Incorporated (NYSE:GLW) today announced that it will meet with investors on the West Coast and in Boston, Mass., over the next week. Corning Vice Chairman and Chief Financial Officer James B. Flaws... (Read More)
Odd fellows
The Daily Deal - July 28, 2003
Byline: Douglas McCollam
Cats and Dogs. Oil and Water. J-Lo and Puffy. Some things just don't go together. Yet somewhere along the tortured path traveled this summer by Sen. Orrin Hatch's (R-Utah) asbestos trust fund legislation, formally known as the Fairness in Asbest... (Read More)
ACE Limited Reports Second Quarter Results
Business Wire - July 28, 2003
Business Editors
HAMILTON, Bermuda--(BUSINESS WIRE)--July 28, 2003
ACE Limited (NYSE:ACE) today reported the results of operations for the quarter ended June 30, 2003. Highlights for the quarter are as follows:
-- Net income for the quarter was $371 million compare... (Read More)
BNS Co. Announces Shareholder Approval for Sale of Rhode Island Property
Business Wire - July 28, 2003
Business Editors
NORTH KINGSTOWN, R.I.--(BUSINESS WIRE)--July 28, 2003
At the annual shareholder meeting held today at its North Kingstown headquarters, BNS Co. (OTCBB:BNSXA) announced the shareholder approval of the sale of the company's North Kingstown, RI property ... (Read More)
Halliburton gets another stay
The Daily Deal - July 23, 2003
Byline: Author Here
A bankruptcy judge on Tuesday gave Halliburton Co. yet another restraining order against asbestos lawsuits, but the court set a hard deadline for the company to put some of its own subsidiaries, including Dresser, into bankruptcy.
The U.S. Bankrupt... (Read More)
Halliburton seeks to extend stay on asbestos suits
The Daily Deal - July 22, 2003
Byline: Soma Biswas
Halliburton Co. will troop into court Tuesday and ask for yet another extension on a stay blocking asbestos lawsuits against the company.
Halliburton and asbestos lawyers suing the company have agreed on numerous other extensions of the stay before... (Read More)
Corning Reports Second-Quarter Results
Business Wire - July 21, 2003
Business Editors/High-Tech Writers
CORNING, N.Y.--(BUSINESS WIRE)--July 21, 2003
Corning Incorporated (NYSE:GLW) today announced that its second-quarter sales were $752 million and that it incurred a net loss of $22 million or $0.02 per share. This net loss includes $... (Read More)
The asbestos mirage
The Daily Deal - July 17, 2003
Byline: Soma Biswas
Companies with asbestos liabilities decided to get tough three years ago. Instead of cowering in the face of a growing mountain of asbestos lawsuits, the new breed wasn't going to take the tried-and-true Johns Manville Corp. strategy and come to a se... (Read More)
PPG Reports on Second Quarter
Business Wire - July 17, 2003
Business Editors
PITTSBURGH--(BUSINESS WIRE)--July 17, 2003
PPG Industries reported today second quarter net income of $152 million, or 89 cents a share, which includes aftertax charges of $7 million, or 4 cents a share, to reflect the net increase in the current valu... (Read More)
ABB asbestos plan OK'd
The Daily Deal - July 11, 2003
Byline: Soma Biswas
A Delaware visiting judge on Thursday, July 10, approved the reorganization plan for bankrupt Combustion Engineering that paves the way for its Swiss parent, ABB Ltd., to isolate its asbestos liabilities as well as sell assets so it can raise cash fo... (Read More)
CNA Makes Cargo Insurance More Accessible to Freight Forwarders
Business Wire - July 11, 2003
Business Editors
CHICAGO--(BUSINESS WIRE)--July 11, 2003
CNA insurance companies has integrated the OMMni.com cargo system of its marine operations with Fountainhead International LLC's CargoWise(R) software solution to provide an integrated cargo insurance solution f... (Read More)
Letter from Delaware
The Daily Deal - July 10, 2003
Byline: Soma Biswas, with staff reports
WorldCom Inc. creditors trying to get ahead of the pack have gained a formidable ally in Winston & Strawn partner Dan Webb, the legal heavyweight who defended Microsoft Corp. in the federal government's antitrust lawsuit. Webb als... (Read More)
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