Den 17 oktober 2002 var en torsdag under stjärntecknet ♎. Det var 289 e dagen i året. Förenta staternas president var George W. Bush.
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17th of October 2002 News
Nyheter som framträdde på New York Times framsida den 17 oktober 2002
Revelation Elicits Ire And Disdain In Seoul
Date: 18 October 2002
By Don Kirk
Don Kirk
News that North Korea has admitted to having nuclear weapons program unsettles many South Koreans after months of glowing reports of warming relations between two Koreas; but prospect of armed confrontation has become increasingly remote, and many South Koreans wonder whether there is any option to pursuing engagement with North Korea; there is sense that whole debate would blow over in flurry of statements, diplomatic missions and newpaper editorials, as have numerous other confrontations with North Korea over years (M)
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Woods Suggests Sides Bend a Little on Augusta
Date: 17 October 2002
By Clifton Brown
Clifton Brown
Tiger Woods, after avoiding topic with media, acknowledeges that both sides in battle over female membership at Augusta National Golf Club are justified in their positions, but should meet face to face; photos (M)
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STARBUCKS GIVES POST TO EXECUTIVE OF PATHMARK
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Starbucks Corp names James L McDonald, chief executive of Pathmark Stores, president of North American business as of Nov 1, succeeding Howard Behar, who will remain on board; Pathmark says Eileen Scott will become chief executive and Frank G Vitrano president (S)
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DELIA'S, A CLOTHING RETAILER, HIRES ADVISORY FIRM
Date: 17 October 2002
By Bloomberg News
Bloomberg News
Delia's Corp, retailer of clothing and accessories for teenagers and young women, hires Peter J Solomon Co as adviser as company considers alternatives including sale (S)
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READER'S DIGEST REVISES PLAN AFTER LAWSUITS
Date: 17 October 2002
By Bloomberg News
Bloomberg News
Reader's Digest Association Inc revises stock-conversion plan that was opposed by some investors; plan, which would replace two classes of shares with single class, calls for Reader's Digest to buy 4.6 million Class B shares from its main shareholders, Lila Wallace-Reader's Digest Fund and DeWitt Wallace-Reader's Digest Fund; company will pay $21.75 per share, or $100 million (S)
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ASBESTOS-RELATED COSTS INCREASE AT GEORGIA-PACIFIC
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Georgia-Pacific Corp says costs of asbestos-related lawsuits this year were 63 percent more than it expected; discloses costs as it reports third-quarter profit of $66 million, up from loss of $167 million year earlier; sales fell to $6.15 billion from $6.31 billion; expects to pay about $132 million to settle lawsuits instead of $81 million (S)
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COLGATE REPORTS PROFIT INCREASE AND 3 PROMOTIONS
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Colgate-Palmolive reports 12 percent increase in quarterly profit and fastest rise in sales in five years; net income climbed to $330.7 million from $296.2 million; sales increased 3.3 percent, to $2.38 billion; promotes Lois D Juliber, Javier G Teruel and Ian M Cook in advance of eventual retirement of chairman Reuben Mark (S)
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CROWN CORK LOWERS ESTIMATED TOTAL FOR STOCK SALE
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Crown Cork and Seal expects to raise as much as $216 million by selling stock in unit Constar International, which makes plastic soda bottles, or $24 million less than estimate released in September; lowers number of shares to offered to 12 million from 16 million; raises anticipated per-share price to $15 to $18, from $12 to $15 (S)
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PIEDMONT IS BUYING 2 VENTURES FROM PROGRESS ENERGY
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Piedmont Natural Gas agrees to pay $425 million to Progress Energy North Carolina gas distribution subsidiary and Progress's stake in EasternNC, joint venture with Albemarle Pamlico Economic Development Corp; Piedmont's revenue is expected to increase 29 percent, to $1.43 billion, after purchase (S)
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ATLAS AIR TO RESTATE 2001 AND 2002 RESULTS AFTER AUDIT
Date: 17 October 2002
By Bloomberg News
Bloomberg News
Atlas Air Worldwide Holdings Inc says it will restate results for last two years, reducing profit in period by as much as $65 million, based on discussions with new auditors Ernst & Young; Atlas Air fired Arthur Andersen as auditors in April (S)
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