ANACOMP COMPLETES A CHAPTER 11 RESTRUCTURING
Date: 04 January 2002
By Bloomberg News
Bloomberg News
Anacomp Inc completes Chapter 11 bankruptcy restructuring that gives bondholders nearly all stock in company (S)
Replaying Friday, January 4, 2002
The January 4, 2002 was a Friday under the star sign of ♑. It was the 3 day of the year. President of the United States was George W. Bush.
If you were born on this day, you are 24 years old. Your last birthday was on the Sunday, January 4, 2026, 168 days ago. Your next birthday is on Monday, January 4, 2027, in 196 days. You have lived for 8,934 days, or about 214,424 hours, or about 12,865,489 minutes, or about 771,929,340 seconds.
Some people who share this birthday:
4th of January 2002 News
News as it appeared on the front page of the New York Times on January 4, 2002
GREENPOINT TO CLOSE MOBILE-HOME LENDING UNIT
Date: 04 January 2002
By Bloomberg News
Bloomberg News
GreenPoint Financial will close its mobile-home lending business, second largest in nation, because loan defaults have surge; bank plans to lay off 400 people and post loss for 2001 as it shuts unit; chief executive Thomas S Johnson comments (S)
PPL PLANS TO CUT SPENDING ON NEW POWER PLANTS
Date: 05 January 2002
By Bloomberg News
Bloomberg News
PPL Corp plans to cut its spending on new power plants by $1.3 billion and reduce its earnings forecasts because of lower electricity prices; chief executive William F Hecht comments (S)
JUDGE APPROVES CHAPTER 11 PLAN FOR CARMIKE CINEMAS
Date: 04 January 2002
By Bloomberg News
Bloomberg News
Carmike Cinemas wins judge's approval of Chapter 11 recovery plan that restructures about $650 million in debt and allows company to come out of bankruptcy independently (S)
STORE CHAIN WILL CLOSE THREE OF ITS LAZARUS STORES
Date: 05 January 2002
By Bloomberg News
Bloomberg News
Federated Department Stores will close three Lazarus stores in Indiana and Ohio, affecting 190 jobs (S)
VERIZON WINS RHODE ISLAND PHONE SERVICE BID
Date: 05 January 2002
By Bloomberg News
Bloomberg News
Verizon Communications Inc wins backing of Justice Department to sell long-distance service in Rhode Island, market worth more than $300 million annually (S)/
DOW CHEMICAL SAYS IT WON'T MEET EARNINGS ESTIMATES
Date: 04 January 2002
By Bloomberg News
Bloomberg News
Dow Chemical says it has failed to meet its fourth-quarter earnings estimate of 10 to 20 cents per share; will report full results on Jan 31 (S)
BANK OF NEW YORK AGREES TO BUY A UNIT OF WEISS, PECK
Date: 04 January 2002
By Bloomberg News
Bloomberg News
Bank of New York agrees to buy stock-and-bond clearing unit of money manager Weiss, Peck & Greer for undisclosed amount; Weiss, Peck is unit of Rabobank Group of Netherlands (S)
Jobless Claims Climb Sharply; Building Is Up
Date: 04 January 2002
By Bloomberg News
Bloomberg News
Labor Department reports jobless claims increased by 36,000 during week ended Dec 29 to 447,000, highest level in month; claims prior week were 411,000, more than 392,000 reported earlier; Commerce Department says building spending in November rose 0.8 percent, to annual rate of $865.1 billion, matching October increase; graphs; photo (M)
Technology Briefing | Telecommunications: Bellsouth D.S.L. Growth Exceeds Forecasts
Date: 04 January 2002
By Bloomberg News
Bloomberg News
BellSouth says it has almost tripled number of customers for its fast Internet access in 2001, ending year with higher-than-expected 620,500 users (S)
Sandler O'Neill to Start Nasdaq Trading
Date: 04 January 2002
By Bloomberg News
Bloomberg News
Sandler O'Neill & Partners LP, investment bank that had its headquarters in World Trade Center, says it will resume trading Nasdaq stocks on Jan 22; firm expects to move in January into new offices in Midtown Manhattan; firm lost 66 of its 171 employees on Sept 11 and has hired 44 employees since then (S)
World Business Briefing | Europe: Airlines Report Smaller Decline In Travel
Date: 05 January 2002
By Bloomberg News
Bloomberg News
British Airways says December passenger traffic fell 10 percent compared to 18 percent decline in November; KLM Royal Dutch Airlines says December passenger traffic showed decrease of 10 percent from year-earlier month, compared with decline of 18 percent in November; graph (S)