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Medicine Hat News in Medicine Hat, Alberta

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 24, 2000

Page

10

Royal admits stock manipulation breach at RT Capital

The Royal Bank said four RT Capital employees including two senior managers manipulated stock values in 1998 1999 to inflate portfolios. The bank cooperates with the Ontario Securities Commission which is conducting a broad probe into high closing trading.

Toronto Royal Bank Canada RT Capital The Royal Ontario Securities Commission David Moorcroft Moorcroft RT Capital Management Inc OSC Frank Switzer Commission

ConAgra to acquire International Home Foods for 1.6 billion

ConAgra Inc of Omaha plans to buy International Home Foods of Parsippany for 1.6 billion dollars in cash and stock. The deal values IH Foods at 22 dollars per share with a 43 percent premium and includes assuming 1.3 billion dollars of debt.

Parsippany N.J ConAgra Inc International Home Foods Inc Omaha ConAgra Hunt's Butterball Healthy Choice Orville Redenbacher International Home Foods Madison New York Stock Exchange AP Photo Food Neb New Jersey

Shareholders approve AOL Time Warner merger in New York

Shareholders of America Online Inc and Time Warner Inc overwhelmingly approved a 122 billion dollar merger. The deal still awaits regulatory clearance from U S and European authorities amid consumer concerns over media concentration and access to merged cable lines. Regulators including the FCC FTC and the European Commission are conducting reviews.

NEW Yorkhareholders America Online Inc Time Warner Inc U.S AOL Time Warner Walt Disney Co ABC European Commission Federal Communications Commission Federal Trade Commission Washington

Goodyear and Michelin Plan Airless Tire Venture

Goodyear Tire & Rubber Co. and The Michelin Group announce a joint research effort to develop airless tires. The Netherlands will host the venture. Akron based Goodyear employs about 105000 people.

Cleveland Goodyear Tire & Rubber Co Michelin Group Goodyear and Michelin Netherlands Goodyear

Bank Rates Indicate Currency Drafts and Wires

Indicative mid morning selling rates for foreign currency drafts and wire payments are provided by BMO Nesbitt Burns Capital Markets in Toronto. Inquiries at branches recommended for cash rates.

Toronto BMO Nesbitt Burns

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