PROFIT RISES 34% AT PRUDENTIAL FINANCIAL
Date: 06 August 2003
By Bloomberg News
Bloomberg News
Prudential Financial reports quarterly net income rose 34 percent, to $127 million, up from $95 miillion in 2002 period (S)
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Date: 06 August 2003
By Bloomberg News
Bloomberg News
Prudential Financial reports quarterly net income rose 34 percent, to $127 million, up from $95 miillion in 2002 period (S)
Date: 05 August 2003
By Bloomberg News
Bloomberg News
Fruit of the Loom Inc, underwear maker owned by Berkshire Hathaway Inc, to close at end of year Harlingen, Tex, plant that employs 791 workers because of competition with Asian imports (S)
Date: 06 August 2003
By Bloomberg News
Bloomberg News
Costco Wholesale warns earnings for fourth quarter ending Aug 31 will fall (S)
Date: 05 August 2003
By Bloomberg News
Bloomberg News
General Electric to sell Financial Guaranty Insurance Co, bond insurance unit, for $1.9 billion to group led by PMI Group Inc; will keep $260 million of unit's profit as part of sale (S)
Date: 05 August 2003
By Bloomberg News
Bloomberg News
Merck & Co's Medco Health Solutions unit says federal judge gave premilinary approval to $42.5 million settlement of class-action suit charging plaintiffs did not get maximum savings they had been promised through Medco; accord requires changes in way Medco notifies subscribers of coverage (S)
Date: 05 August 2003
By Bloomberg News
Bloomberg News
Lincoln National Corp, life insurer, says it will cut up to 1,000 jobs, about 17 percent of its work force, after combining its life insurance and annuities businesses (S)
Date: 06 August 2003
By Bloomberg News
Bloomberg News
Vanguard Group to start selling six new funds in fourth quarter that invest in mix of stocks and bonds suited to person's planned retirement date; so-called age-based funds are capturing record deposits this year (S)
Date: 05 August 2003
By Bloomberg News
Bloomberg News
Northrop Grumman Corp gets $1.93 billion Navy contract to design, build and demonstrate updated version of E-2 Hawkeye spy plane (S)
Date: 05 August 2003
By Bloomberg News
Bloomberg News
Fidelity Investments splits off Geode Capital Management, index fund manager and test-bed for new investment strategies, as separate company that can now solicit customers outside of Fidelity (S)
Date: 06 August 2003
By Bloomberg News
Bloomberg News
Merck & Co says it will spin off Medco Health Solutions, pharmacy-benefits manager unit, Aug 19 (S)