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Adidas
launches 400 mn euro convertible bond
Frankfurt: Adidas-Salomon said on Wednesday it
was launching a 400-million euro ($435 million) bond convertible
into around four million of its shares to help improve
its debt situation and financing terms.
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CA
agrees to settle accounting suits
San Fransisco: Business software maker Computer
Associates International on Monday said it agreed to settle
all outstanding litigation related to claims about its
past accounting issues, and would take a related charge
of about 17 cents per diluted share in its current quarter.
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Fox
News drops trademark suit against Penguin
New York: Fox News dropped its trademark infringement
lawsuit against Al Franken and his publisher, Penguin
Group that aimed to stop sales of the liberal satirist's
new book but instead turned it into a top seller.
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