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Date: 20 April 1999
By Bill Carter
Bill Carter
CNN says it has reached financial settlement with Peter Arnett, its onetime leading foreign correspondent, that will end Arnett's 18-year career at CNN; no specific terms of deal are disclosed; Arnett has two and a half years remaining on five-year contract; both sides say agreement is amicable (M)
Date: 20 April 1999
By Bloomberg News
Bloomberg News
Infogrames Entertainment SA acquires Accolade Inc for $50 million (S)
Date: 20 April 1999
By Bloomberg News
Bloomberg News
Blount International Inc says Lehman Brothers investment partnership has agreed to acquire it for $1.16 billion in cash and assume $190 million of its debt (S)
Date: 20 April 1999
By Bloomberg News
Bloomberg News
Dominion Resources Inc says it will not top Columbia Energy Group's bid of $9 billion for Consolidated Natural Gas Co (S)
Date: 19 April 1999
By Bloomberg News
Bloomberg News
Finance Ministers of the European Union nations agreed Saturday to close European financial markets on Dec. 31 to prevent potential computer problems from disrupting trading during the changeover to the year 2000. The Finance Ministers decided that financial contracts in euros ''shall neither, as on a public holiday, become due nor enforceable'' on New Year's Eve.
Date: 20 April 1999
By Bloomberg News
Bloomberg News
Starter Corp files for Chapter 11 bankruptcy protection (S)
Date: 20 April 1999
By Bloomberg News
Bloomberg News
IBM wins $200 million contract to install new mainframes and software for British Telecom PLC, bolstering IBM's service business (S)
Date: 20 April 1999
By Bloomberg News
Bloomberg News
Caldor Corp, which is going out of business, is selling nine more store sites for $17.3 million (S)
Date: 20 April 1999
By Bloomberg News
Bloomberg News
Nasdaq stock market may extend trading hours to 9 PM as early as this summer (S)
Date: 20 April 1999
By Bloomberg News
Bloomberg News
Volvo AB, world's second-largest maker of heavy trucks, says first-quarter profit, excluding earnings from cars, rose 15 percent from period year earlier; operating profit rose to 1.215 billion kronor ($146 million) from 1.061 billion in first quarter of 1998; net income rose to 27.557 billion kronor from 1.581 billion (S)