Ahold's net rose 41% in quarter

Article Abstract:

Ahold NV posted an improvement of 41% in its net profits for the second-quarter of 1999. Ahold is one of the largest retailers in the world. The company's net profits were helped by the strength of its operations in the US. Ahold posted 172.9 million euros in the period. During the same period in 1998, the company reported 123 million euros. Analysts predicted between 160.6 million euros to 171.4 million euros.

Comment:

Posts improvement of 41% in net profits for second-quarter of 1999

Sales, profits & dividends, Supermarkets and Other Grocery (except Convenience) Stores, Supermarkets, Finance, Koninklijke Ahold N.V.

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VNU plans to make bid for ratings firm Nielsen

Article Abstract:

VNU NV announced that it is planning to make a $2.5 billion (2.37 billion euros) offer to acquire Nielsen Media Research Inc. VNU would also assume responsibility for $200 million in debt if the sale pushes through. Nielsen is a television-ratings service based in the US. VNU is a media firm based in the Netherlands. VNU would have one of the most famous media firms in the US if its deal is successful.

United States, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Printing & Publishing, Publishing industry, Mergers, acquisitions and divestments, Nielsen Media Research Inc., The Nielsen Co. (Haarlem, Netherlands)

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Amsterdam Exchange tightens listing rules

Article Abstract:

The Amsterdam stock exchange institutes stricter listing policies for new economy start-ups after the mess of World Online NV's initial public offering.

Securities and Commodity Exchanges, Government regulation (cont), Telegraph & other communications, Security and commodity exchanges, Securities Exchanges, High technology industry, Laws, regulations and rules, Internet service providers, Stock-exchange, Stock exchanges, Exchanges, Securities industry, Securities, World Online International B.V.

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