Pension Costs Widen Loss at Delta Air
Date: 15 February 2007
By Bloomberg News
Bloomberg News
Delta Air Lines, preparing to exit bankruptcy on April 30, said yesterday its fourth-quarter net loss widened to $2 billion on the cost of ending its pilots’ pension plan.
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Profit Falls at Coca-Cola as Sales Slow but Costs Rise
Date: 15 February 2007
By Bloomberg News
Bloomberg News
The Coca-Cola Company said yesterday that profit fell 22 percent after its largest bottler wrote down the value of its North American unit on reduced soda sales and higher raw material costs.
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Masco to Cut Jobs After Quarterly Loss
Date: 15 February 2007
By Bloomberg News
Bloomberg News
The Masco Corporation, the maker of Behr paint and Delta faucets, posted its first loss in five years and is laying off about 16 percent of its work force as a result of a slump in the housing market.
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Euronext Deal Is Approved
Date: 15 February 2007
By Bloomberg News
Bloomberg News
The Securities and Exchange Commission’s approval removed the last regulatory hurdle to the creation of a trans-Atlantic stock exchange.
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Applebee’s Explores a Sale of the Company
Date: 14 February 2007
By Bloomberg News
Bloomberg News
Applebee’s International, the operator of almost 2,000 restaurants, mainly in North America, said yesterday it might sell the company after its third-biggest shareholder accused management of failing to increase sales and cut costs.
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Italy: Finalists in Bidding for Alitalia
Date: 14 February 2007
By Bloomberg News
Bloomberg News
Five companies were picked by the government as finalists in the bidding for its stake in Alitalia, the ailing state-controlled carrier. The bidders include the Texas Pacific Group, the private equity firm; UniCredit, the bank; as well as financier Carlo De Benedetti’s Management and Capitali, MatlinPatterson Global Advisers; and Carlo Toto, owner of Italy’s No. 2 carrier, Air One, the finance ministry said. They have until mid-April to submit preliminary offers. Italy decided in December to sell its stake in the country’s largest airline after the government abandoned turnaround efforts. Alitalia last reported a profit in 2002 and has forecast a loss in 2006.
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Charles Gibson’s ‘World News’ Gets Rare Ratings Victory
Date: 14 February 2007
By Jacques Steinberg
Jacques Steinberg
For the first time since the network newscasts led by Brian Williams, Charles Gibson and Katie Couric began competing in September, Mr. Gibson on ABC was the most watched of the three.
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NBA: Amaechi calls reaction positive to news he's gay - Sports - International Herald Tribune
Date: 14 February 2007
By Liz Robbins
Liz Robbins
Since the news broke last week that John Amaechi, a retired center, had become the first NBA player to disclose he is gay, he has been overwhelmed by the mostly positive responses, Amaechi said in an interview this week.
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News Analysis: For Bush and Kim, a welcome nuclear accord - Asia - Pacific - International Herald Tribune
Date: 14 February 2007
By David E. Sanger
David Sanger
WASHINGTON — It is hard to imagine that either George W. Bush or Kim Jong Il would have agreed even a year ago to the kind of deal they have now approved.
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News Analysis: Doubts on dismantling N. Korea's arsenal - Asia - Pacific - International Herald Tribune
Date: 15 February 2007
By Donald Greenlees
Donald Greenlees
HONG KONG — For decades, North Korea badgered its communist allies to supply it with a nuclear reactor and the technical know-how that could have allowed it to build a nuclear bomb. It eventually achieved both.
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