ISS backs HP Compaq merger despite investor split
The influential ISS urged Hewlett Packard investors to approve the 22 billion Compaq takeover. The recommendation, noted by HP chief executive Carly Fiorina, could shift votes as more than 20 percent of HP shares oppose the deal and Barclays holds influence. HP and Compaq stock movements followed the report.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Hewlett-Packard Co
Compaq Computer Corp
Walter Hewlett
Institutional Shareholder Services
Rockville
ISS
Momen
Hewlett
Fiorina
Barclays Global Investors
Barclays
Patricia Dunn
New York Stock Exchange
Compaq
Accounting industry opposes restrictions on auditing firms
Washington AP accounting sector launches a lobbying push against Enron related bills to bar auditors from providing consulting and other services to audit clients. The effort targets 3,000 federal key persons, with no Arthur Andersen involvement. Proposals may also require auditor rotation every few years.
MENTIONED IN THIS ARTICLE
Washington
Enron
Congress
Arthur Andersen
Enron Corp
American Institute of Certified Public Accountants
Federal
AICPA
Joel Allegretti
New York
Securities and Exchange Commission
Energy Trading Company
Andersen
Poultry Industry Watches U S Russia Trade Clash
North Carolina poultry interests warn a prolonged U S Russia dispute over feed chemicals could depress prices and sales. Russia bans U S chicken and turkey imports, affecting NC exports worth about 100 million out of 1.4 billion in chicken sales, with potential ripple effects on producers, towns, and feed suppliers.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina
Russia
U.S
Britt Cobb
State Department of Agriculture
National Chicken Council
Tyson Foods Inc
Monroe
Wilkesboro
Perdue Farms Inc
Northrop Grumman challenges Ohio anti take over laws
Northrop Grumman seeks to halt Ohio bid laws in a federal suit aimed at boosting its 5.9 billion hostile offer for TRW Corp. TRW counters in U S District Court seeking to uphold the statutes. The Ohio Attorney General’s office plans defense as analysts note Ohio’s otherwise tough takeover regime.
MENTIONED IN THIS ARTICLE
Northrop Grumman
Columbus
Ohio
Cleveland
Ries
TRW
Northrop
U.S. District Court
Bret Crow
Eral
Betty Montgomery
Douglas Cole
Ohio State University
Bush imposes 30 percent steel tariffs amid global protest
President Bush announced broad 30 percent tariffs on slab steel with a 5.4 million ton exemption, aiming to shield U S steel workers as imports hit 20-year lows and many mills seek bankruptcy protection. EU officials warned of a WTO challenge while experts warned prices would rise for autos, appliances and tools. The plan exempts Canada Mexico Israel and Jordan and takes effect March 20, with mixed reactions from lawmakers and industry groups.
MENTIONED IN THIS ARTICLE
America
Bush
White House
United States
Reagan
U.S
European Union
Pascal Lamy
Robert Zoellick
Consuming Industry Trade Action Coalition
Conservative Heritage Foundation
Aaron Schavey
Dick Cheney
Clinton
West Virginia
Ohio
Pennsylvania
Ing
Canada
Mexico
Israel
Jordan
New Orleans
Gary la Grange
U.S. International Trade Commission
Also Mentioned on This Page
Associated Press
Palo Alto
Don H. Bumgardner
Townsends Inc
Chatham County
Chuck Dix
Townsends
Ural
Yekaterinburg
Moscow
vSteel
House
Dick Gephardt
D-Mo
Senate
Tom Daschle
D-S.d
Ampa Lan aLea Ss
BCBS
PHCS
United Health Care
Cigna
Kanawha - American Health Group
Dana Wix
Medicaid
MAMSI
Alliance
Robinwood Road
Gastonia
Eckerds
Union Ra
Uy Pepe Fel ‘i Rae
OSIM
Gazette
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