Cendant's earnings drop 13% as growth slows in some areas

Article Abstract:

Cendant Corp. of the United States posted a 13 percent net income fall to $514 million and revenue increased 12 percent to $5.05 billion. The investment company is planning to break into four divisions to increase share price. Financial projections for the fourth quarter and the fiscal year are forecast to be weaker than expected.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Company Profile, CD, Avis Budget Group Inc.

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London exchange holder is biding his time: Heyman adopts passive approach in weighing bid from Nasdaq; investor's firm owns 8.8% stake

Article Abstract:

American investor Samuel Heyman, whose firm owns an 8.8% stake in the London Stock Exchange, is taking a nonagressive approach to Nasdaq's acquisition bid. Nasdaq, which already owns approximately 29% of the London Stock Exchange, needs the support of the London Stock Exchange's board in order to increase its bid.

Acquisitions & mergers, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, United Kingdom, Mergers, acquisitions and divestments, Company acquisition/merger, Securities industry, London Stock Exchange PLC, Nasdaq Stock Market Inc., NDAQ, Heyman, Samuel J.

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Tech bust galvanizes a billionaire

Article Abstract:

Microsoft co-founder Paul Allen restructures his investment firm, Vulcan Inc., over a period of three years, during which his younger sister Jody Patton replaced investment chief William Savoy. The retool occurred in the wake of the technology market collapse.

HOLDING AND OTHER INVESTMENT OFFICES, Appointments, resignations and dismissals, Allen, Paul (American entrepreneur), Patton, Jody, Savoy, William, Vulcan Inc.

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