GENERAL DYNAMICS IS BUYING ALVIS OF BRITAIN
Date: 12 March 2004
By Bloomberg News
Bloomberg News
General Dynamics agrees to buy London-based Alvis, maker of Challenger II battle tank, for 309 million pounds ($556 million) (S)
Replaying Thursday, March 11, 2004
The March 11, 2004 was a Thursday under the star sign of ♓. It was the 70 day of the year. President of the United States was George W. Bush.
If you were born on this day, you are 22 years old. Your last birthday was on the Wednesday, March 11, 2026, 115 days ago. Your next birthday is on Thursday, March 11, 2027, in 249 days. You have lived for 8,150 days, or about 195,622 hours, or about 11,737,334 minutes, or about 704,240,040 seconds.
Some people who share this birthday:
11th of March 2004 News
News as it appeared on the front page of the New York Times on March 11, 2004
$575 MILLION INSURANCE PAYMENT TO HALLIBURTON
Date: 11 March 2004
By Bloomberg News
Bloomberg News
Federal Bankruptcy Judge Judith K Fitzgerald rules Halliburton Co can receive $575 million from Equitas to settle asbestos-related insurance claims against underwriters at Lloyd's of London (S)
NASD FINES AMERITRADE AND TWO UNITS $10 MILLION
Date: 12 March 2004
By Bloomberg News
Bloomberg News
Ameritrade Holding, biggest discount brokerage firm, and units Datek Online Financial Services and iClearing are fined $10 million by NASD for improperly extending credit to clients; Ameritrade's units allowed clients to make purchases using funds from sales that were not completed (S)
CANADIAN COMPANY TO BUY U.S. BUSINESS FOR $858 MILLION
Date: 11 March 2004
By Bloomberg News
Bloomberg News
CGI Group, one of Canada's biggest computer services companies, acquires American Management Systems for $858 million; CACI International will buy US assets of American Management's military and intelligence unit for $415 million as part of transaction; undetermined number of jobs cuts are expected (S)
FARM EQUIPMENT MAKER SAYS S.E.C. DROPS INQUIRY
Date: 11 March 2004
By Bloomberg News
Bloomberg News
Farm equipment maker Agco Corp says Securities and Exchange Commission has ended informal inquiry into company's accounting and sales practices over last two years (S)
CONSECO SAYS IT HAS SETTLED S.E.C. ACCOUNTING INQUIRY
Date: 11 March 2004
By Bloomberg News
Bloomberg News
Conseco, which emerged from bankruptcy protection in September, says it has settled Securities and Exchange Commission probe into accounting practices at its former Conseco Finance unit (S)
TITAN REDUCES PROFIT TO SAVE MONEY FOR POSSIBLE FINES
Date: 11 March 2004
By Bloomberg News
Bloomberg News
Titan Corp, maker of military communications equipment, reduces its fourth-quarter and 2003 profit to set aside cash for potential fines related to reported improper payments to foreign officials; net income last year was $29.1 million instead of $32.1 million; SEC and Justice Department are investigating whether Titan consultants made payments after receiving money from company; Lockheed Martin Corp, which is buying Titan, is reviewing whether payments to consultants are accurately reflected on Titan's books (S)
SIX FLAGS TO SELL TWO OF ITS DIVISIONS FOR $345 MILLION
Date: 11 March 2004
By Bloomberg News
Bloomberg News
Six Flags sells its two worst-performing businesses for $345 million; sells its European division to undisclosed company in London for $200 million and Six Flags Worlds of Adventure, near Cleveland, to Cedar Fair for $145 million (S)
BARR SAYS SOME ANALYST FORECASTS MAY BE TOO HIGH
Date: 11 March 2004
By Bloomberg News
Bloomberg News
Barr Pharmaceuticals says fiscal 2004 profit might fall short of some analysts' forecasts as it spent more to market Seasonale oral contraceptive (S)
E*TRADE SAYS OUSTED CHIEF PAID BACK $4.6 MILLION
Date: 12 March 2004
By Bloomberg News
Bloomberg News
E*Trade Financial's former chief executive Christos M Cotsakos, ousted after receiving $77 million as company lost money, gives back $4.6 million of unapproved gifts and travel during his seven-year tenure (S)