Cantor Fitzgerald says 9/11 fund undercompensates victims
Cantor Fitzgerald charges the federal 9/11 Victims Fund undercompensates most Cantor families. The firm cites biased awards based on after tax income and a three year earnings average. The report criticizes the fund's limits and lack of discretion, urging changes and equal standards with civil litigation.
MENTIONED IN THIS ARTICLE
New York
Cantor Fitzgerald
World Trade Center
Cantor
Twin Towers
Ite
Kenneth Feinberg
One World Trade Center
Famies
Condi Fitzgerald
Lee Kreindler
Department of Justice OP
Speai
Moistyr
McDonalds profits fall as stock hits seven year low
McDonalds Corp cut its 2002 earnings forecast citing weak U S and European sales. Shares dropped to a seven year low after the update. The plan includes a dollar menu, two $1 sandwiches, service improvements, and slower overseas restaurant openings.
MENTIONED IN THIS ARTICLE
Chicago
McDonald's Corp
United States
Europe
Hamburger Giant
McDonald's
McDonald’s
Lane Bryant HQ stays in Ohio as distribution moves to Maryland
Charming Shoppes will keep Lane Bryant headquarters in central Ohio at the Limited Brands campus but relocate the distribution center from Reynoldsburg to White Marsh Maryland in 2004. The new $17.2 million facility will support an expansion from 655 to 1,000 stores and affect about 225 office workers. Lane Bryant was acquired from Limited Brands in August 2001 for 335 million dollars in cash and stock.
MENTIONED IN THIS ARTICLE
Columbus
Charming Shoppes
Lane Bryant
Ohio
Maryland
Limited Brands
Reynoldsburg
White Marsh
Baltimore
Women Boost Your Sexual Appetite With Vixen
An all natural supplement branded as Vixen promises to boost female libido and arousal. Claims include improved sexual desire and intimacy, with testimonials from women praising stronger desire and closer relationships.
Department stores evolve with new formats and layouts
Department stores are testing new locations and services to win back shoppers. Hecht's plans a Greensboro store in a strip center, Federated debuts a "store of the future" in Columbus, and chains like J.C. Penney and Sears add accessible cashiers and wider aisles. Analysts say stores will persist offering high priced goods to core middle class shoppers.
MENTIONED IN THIS ARTICLE
Dina Elroghdady
the Washington Pos
I.C. Penney
Hecht’s
Greensboro
N.C
Federated Department Stores
Macy’s
Bloomingdale’s
Columbus
Sears, Roebuck and Co
Frank Gazzetta
Service Industry Research Systems Inc
Home Electron
Ics
Theresa Williams
Center For Retailing
Indiana University
Business School
Williams
McDonalds warning drags down stocks as Dow sinks
Profit warning from McDonalds and weak production data spark renewed investor exit. Dow Jones falls 172.63 to 8,207.55 while Nasdaq slips to 1,259.94 and S&P 500 drops to 873.52 amid wary market sentiment and Iraq war fears.
MENTIONED IN THIS ARTICLE
New York
McDonald's
Dow Jones
Arthur Hogan
Jefferies & Co
Hogan
Dow
Standard & Poor
Dollar strengthens as gold slips in European trading
The dollar rose versus major currencies in Europe while gold prices fell. Euro at 96.29 cents, yen 123.03, Swiss franc 1.5268, Canadian dollar 1.5772, pound $1.5290. London gold fixed at $315.30 per ounce, Zurich $314.90, Hong Kong close $315.45. Market notes weak U.S. data and Iraq uncertainty weighing on sentiment. McDonald’s and AMG warned of weaker profits. Kroger missed earnings.
MENTIONED IN THIS ARTICLE
Oak Brook
Thomson Financial
First Call
Wall Street
McDonald's
New York Stock Exchange
London
Zurich
Hong Kong
Iraq
U.N
Wcludel
AMG Natges
Kroger
Also Mentioned on This Page
Congress
Myse
Feinberg
Kreindler
Jack Greenberg
Cee Miwa
Bento
Siernece Ee
Viren
Y. Jennings
WM. Graffam
Aires
Mer
Feedawcc Mbm
Tah Pray
Federal Reserve
Barry Berman
Robert W. Baird & Co
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