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Daily Archives: March 18, 2002

Travelocity urges approval of Sabre merger

Travelocity.com Inc. today urged shareholders to accept a $420 million cash takeover bid from Sabre Holdings Corp. after the travel reservations giant sweetened its offer by 22 percent. The proposed merger would create one of the world’s most far-reaching travel ...

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Putnam to close, merge mutual funds

Mutual fund firm Putnam Investments, reeling from plunging stock portfolios over the past two years, confirmed today it would merge or close 11 funds to simplify its offerings and improve performance, Reuters reported. The No. 4 U.S. fund company is ...

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Dell sees no computer industry rebound

Michael Dell, head of PC maker Dell Computer Corp, today said he has not seen signs of a strong recovery in the industry. The computer industry had one of its worst years in 2001. Dell was speaking in Singapore.

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Israel plans pull out of Palestinian areas

Israel planned to pull its army out of reoccupied Palestinian areas today in a move that could hasten a cease-fire sought by U.S. Middle East envoy Anthony Zinni, Reuters reported.

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Global Crossing execs to testify on Hill

Global Crossing Ltd.’s CEO and chief financial officer will testify before the House of Representatives this week about how the company’s bankruptcy has affected workers, investors and financial markets. CEO John Legere and CFO Dan Cohrs are slated to appear ...

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Two groups to get antitrust funds

More than 100 health, nutrition and agriculture groups across the state, including two in Rochester, will share $18.5 million as part of a $225 million settlement with vitamin manufacturers. Attorney General Eliot Spitzer said the payout stems from a historic ...

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Xerox confirms Mulcahy-Goff meeting

Xerox Corp. today confirmed that Chairman and CEO Anne Mulcahy met with Rochester civil rights activist Rev. Norvel Goff in January to discuss the document company’s treatment of minorities. Goff previously told the Rochester Business Journal that he had been ...

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Harris Interactive’s Clemm to retire

A top executive at Harris Interactive Inc. plans to retire. David Clemm, vice chairman for global operations and Internet research development, will leave the post on April 1. He plans to continue as a director on Harris Interactive’s board. Clemm’s ...

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Monro plans acquisition; stock jumps

Rochester-based Monro Muffler Brake Inc. today said it plans to acquire 34 auto-repair shops in Maryland and Virginia. The acquisitions are expected to grow Monro’s base to some 550 locations and increase annual sales by more than 10 percent to ...

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Monro plans acquisition; stock jumps

Monro Muffler Brake Inc. Monday said it plans to acquire 34 auto-repair shops in Maryland and Virginia. The deal is expected to grow Monro’s base to some 550 locations and increase annual sales by more than 10 percent to approximately ...

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Harris Interactive’s Clemm to retire

David Clemm, Harris Interactive Inc. vice chairman for global operations and Internet research development, will leave the post on April 1 but continue as a director. Clemm (see photo), 56, joined the firm in the mid-1980s and played a key ...

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Xerox confirms Mulcahy-Goff meeting

Xerox Corp. Monday confirmed that Chairman and CEO Anne Mulcahy met with Rochester civil rights activist Rev. Norvel Goff in January to reiterate “both the company’s and her own unwavering commitments to diversity.” Goff (see photo) previously told the Rochester ...

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Two groups to get antitrust funds

More than 100 health, nutrition and agriculture groups across the state, including two in Rochester, will share $18.5 million as part of a $225 million antitrust settlement with vitamin manufacturers. New York was the lead state in negotiations, alleging that ...

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Global Crossing execs to testify on Hill

Global Crossing Ltd.’s CEO and chief financial officer will testify before the House of Representatives this week. CEO John Legere and CFO Dan Cohrs are slated to appear Thursday. On Sunday, state Comptroller Carl McCall said his office plans to ...

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FRIDAY, MARCH 22 RochesterTraining.com—“The Dynamics of Executive Leadership II”—Presenter: Michael A. Knaus & Associates—$595—9 a.m. – 4 p.m.—Location TBA—Call Claire Kenney, program manager, at 263-3656 to register. Rochester Women’s Network Program—“View From the Hill: A Conversation with Louise Slaughter”—$25 members, ...

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