Wal-Mart board member resigns amid internal probe
Bentonville Ark senior Wal-Mart director Thomas Coughlin resigned after an internal investigation into personal reimbursements billing and company gift cards. Three Wal-Mart employees including a company officer were dismissed. no adverse financial impact expected. Coughlin, a 28 year veteran, was previously vice chairman and headed Wal-Mart Stores Division and Sam's Club USA. He also sits on ChoicePoint Inc board.
MENTIONED IN THIS ARTICLE
Bentonville
Ark
Wal-Mart Stores Inc
Thomas Coughlin
Wal-Mart
Coughlin
Sam’s Club
USA
ChoicePoint Inc
Krispy Kreme Extends Credit Deadline Again
Krispy Kreme Doughnuts Inc extends the debt deadline after lenders push back a potential default on its $150 million credit line. The company negotiates with an unnamed group to replace the line and delivers quarterly results by April 11. Shares closed at $8.76, down 39 cents on Thursday.
MENTIONED IN THIS ARTICLE
Charlotte
N.C
Krispy Kreme Doughnuts Inc
Krispy Kreme
New York Stock Exchange
Harmony Brands recalls condoms and pregnancy tests nation‑wide
Harmony Brands announces a national recall of Lover brand latex condoms and B Sure brand one step home pregnancy test kits sold in retail outlets including dollar and convenience stores. Consumers with unused products should return them to the place of purchase for a refund. more information is available on harmonybrands.com.
MENTIONED IN THIS ARTICLE
Washington
Harmony Brands
Oak Park
Mich
Harmonybrands.com
Blockbuster drops bid for Hollywood Entertainment
Blockbuster Inc abandons its hostile bid for Hollywood Entertainment Corp amid FTC scrutiny and Hollywood directors opposition. Movie Gallery Inc is expected to acquire Hollywood, creating a larger No. 2 rental chain behind Blockbuster with about 4,500 stores and $2.6 billion in revenue.
MENTIONED IN THIS ARTICLE
Dallas
Blockbuster Inc
Hollywood Entertainment Corp
Hollywood
Movie Gallery Inc
Blockbuster
John Antioco
Movie Gallery
Federal Trade Commission
FTC
Washington
Larry Denedy
U.S
Thomas Johnson
Johnson
Air France eyes Boeing 777 freighter fleet upgrade
Air France plans to replace eight aging Boeing 747-200s with the new Boeing 777 freighter but declined to confirm if it will be the launch customer. Boeing and Air France cited interest though no firm launch decision was announced. The 777 freighter would carry 222,000 pounds over 6,400 miles and enter service by 2008.
MENTIONED IN THIS ARTICLE
Seattle
Air France
Boeing Co
Boeing
Marc Birtel
Jean- Claude Couturier
Airbus Sas
Richard Aboulafia
Teal Group
FDA approves monthly pill to treat osteoporosis
The FDA approved Boniva, a 150 milligram ibandronate sodium tablet from GlaxoSmithKline and Roche, to treat and prevent postmenopausal osteoporosis. Trials over three years reduced new vertebral fractures and increased bone density. a patient support program will aid adherence. Side effects include abdominal pain and upset stomach.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
Boniva
Ronald Emkey
Radiant Research
Reading
GlaxoSmithKline Plv
Roche Holding AG
Chocolate crosses enter mainstream Easter market in U S
Russell Stover Candies begins selling a 6 inch milk chocolate cross in about 5000 stores nationwide this Easter. The cross features a floral bouquet and caramel goat milk center aimed at devout Christians including Hispanics, though some Catholic officials say it is inappropriate to eat.
MENTIONED IN THIS ARTICLE
Kansas City
Russell Stover Candies Inc
Lisbeth Echeandia
Candy Information Service
Joseph McAleer
Bridgeport
Conn
Pangburn
Russell Stover
Mexico
Latin America
Tom Ward
Clay Gordon
Chocophile.com
Also Mentioned on This Page
Hollywood Entertainment
FDA
THE
Associated Press
Real Estate
Comey
LTT
de Feyey
ELS
Middletown Journal
MiddletownJournal.com
Middletownlaw.com
Daily News
MiddletownJournal
Dee AT
Mio
Eye
Ema
Credit Gard
Consumer Safe
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