15 August 2005

Keyword News: [discount]


Monday, August 15, 2005 9:19 AM PDT
Your Keyword News Alert for [discount]
matched the following stories:

SanLuisObispo.com, Mon, 15 Aug 2005 7:18 AM PDT
Arbitration panel clears former Kmart CEO of wrongdoing in civil suit http://www.sanluisobispo.com/mld/sanluisobispo/business/12385388.htm
TROY, Mich. - Former Kmart Chairman and CEO Charles Conaway has been cleared of civil accusations that he squandered millions as the discount retailer slid into bankruptcy, according to a published report.

Detroit Now, Mon, 15 Aug 2005 6:05 AM PDT
Arbitration Panel Clears Former Kmart CEO In Civil Suit http://www.detnow.com/wxyz/nw_local_news/article/0,2132,WXYZ_15924_4003464,00.html
TROY, Mich. - Former Kmart Chairman and CEO Charles Conaway has been cleared of civil accusations that he squandered millions as the discount retailer slid into bankruptcy, according to published reports.

FutureSource.com, Mon, 15 Aug 2005 8:53 AM PDT
DJ MARKET TALK:CME Midday Hogs Up Sharply, Bellies Limit Up http://www.futuresource.com/news/story.jsp?i=i4587601267972702272
1047 EDT [Dow Jones] CME lean hog futures are sharply higher on October's discount to CME's index, fund buying and buy stops. Bull spreading out of the back months into actively traded October and December contracts contributed to front-month gains. October is 150 points higher at 60.02 cents a pound.

FutureSource.com, Mon, 15 Aug 2005 6:53 AM PDT
DJ CME Pork Outlook: Hogs, Bellies Called Steady-Firm http://www.futuresource.com/news/story.jsp?i=i4587584908441944128
CHICAGO (Dow Jones)--Chicago Mercantile Exchange lean hog futures are expected to open steady to 30 points higher Monday on carryover buying and October's steep discount to CME's two-day cash hog index.

Augusta Gazette, Mon, 15 Aug 2005 7:26 AM PDT
Oriole FB card on the market http://www.augustagazette.com/articles/2005/08/15/news/news02.txt
The 2005-06 discount card sold to the public by members of the Augusta High School Oriole Football Team are on the market. The cards entitling the holder to special discounts and pricing for products and services from local and area stores cost $10 each.

Bloomberg.com, Mon, 15 Aug 2005 9:09 AM PDT
Icahn, Partners Own Time Warner Shares Worth $2.2 Bln (Update5) http://quote.bloomberg.com/apps/news?pid=10000006&sid=ak7BJMUIgenI
Aug. 15 (Bloomberg) -- Shareholder activist Carl Icahn said he is leading a group of Time Warner Inc. investors with a $2.2 billion stake that plans to demand the company buy back $20 billion of shares and spin off its cable business.

AP via Yahoo! Finance, Mon, 15 Aug 2005 5:33 AM PDT
Brascan Corp. Sells Falconbridge Stake http://biz.yahoo.com/ap/050815/brascan_sale.html?.v=1
Brascan Corp., an asset management company focused on property, power and other infrastructure projects, on Monday said it sold about 73.1 million common shares of Canadian mining company Falconbridge Ltd. to Swiss mining company Xstrata PLC for roughly $2 billion Canadian dollars .

Bloomberg.com, Mon, 15 Aug 2005 8:02 AM PDT
Icahn, Partners Own Time Warner Shares Worth $2.2 Bln (Update4) http://www.bloomberg.com/apps/news?pid=10000087&sid=a4vnwP4B2jRE
Aug. 15 (Bloomberg) -- Billionaire investor Carl Icahn is leading a group that has amassed a stake in Time Warner Inc. and plans to demand the company spin off its cable business and buy back $20 billion of shares.

Bloomberg.com, Mon, 15 Aug 2005 6:39 AM PDT
Icahn, Partners Own Time Warner Shares Worth $2.2 Bln (Update2) http://quote.bloomberg.com/apps/news?pid=10000006&sid=aC7QZbR7vmy4
Aug. 15 (Bloomberg) -- Billionaire investor Carl Icahn and three other investors have amassed a combined stake of more than 120 million shares in Time Warner Inc. and plan to pressure the company to buy back $20 billion in stock and spin off the cable business.

Broadcasting and Cable, Mon, 15 Aug 2005 9:16 AM PDT
Icahn Wants Time Warner Buyback, Cable Sale - 8/15/2005 12:10:00 PM - Broadcasting & Cable - CA634900 http://www.broadcastingcable.com/article/CA634900?display=Breaking+News
The group— Icahn Partners and Icahn Partners Master Fund, Franklin Mutual Advisors, JANA Partners and S.A.C. Capital Advisors— doesn’t actually own much of Time Warner’s stock. On Monday the group disclosed it controls shares worth $2.2 billion, just 2.6% of Time Warner’s outstanding stock.

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