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17:31 ET MICROSOFT TO U.S. JUDGE: NO BREAK-UP
WASHINGTON, May 10 (UPI) -- Microsoft Corp., locked in mortal combat with the Justice Department, asked a U.S. judge Wednesday to reject a recommendation that it be broken in two. Instead, the company is proposing lesser safeguards to protect against antitrust behavior. Full Story

17:31 ET WRAP: MOTOROLA SHARES FALL 13% AFTER SALOMON DOWNGRADE
By Bridge News New York--May 10--Shares of Motorola Inc., one of the world's largest mobile phone makers, fell more than 13% on Wednesday after a key Wall Street analyst cut his price target for the company's stock price by 40%. Motorola shares were down $14.25, or 13.7%, to $90.25 in midday trading on the Full Story

17:31 ET WRAP: HAIN FOOD SHARES PLUNGE 20% ON Q3 PRODUCTION SHORTAGES
By Lyle Niedens, Bridge News Kansas City--May 10--Suffering from too much success with its organic food brands, Hain Food Group Inc. plunged more than 20% Wednesday after it reported production shortages and production capacity limitations in its fiscal third quarter. Shares of the specialty food Full Story

17:31 ET NIKE TO RETAIL ELECTRONICS
May 10, 2000 (Tech Web - CMP via COMTEX) -- Nike, the athletic shoe manufacturer known for putting the spring in the step of athletes like Michael Jordan, is getting into electronics. Full Story

17:31 ET 10 BESTFOODS SHAREHOLDERS SUE OVER REJECTED UNILEVER BID
By Lyle Niedens, Bridge News Kansas City--May 10--Ten Bestfoods shareholders have filed lawsuits against the maker of Hellmann's mayonnaise and Knorr soups, over the company's rejection of a $66-per-share takeover bid from European consumer conglomerate Unilever. In a quarterly filing with the Securities and Full Story

14:16 ET WRAP: INTERNATIONAL PAPER, UPM-KYMMENE RAISE BIDS FOR CHAMPION
By BridgeNews New York--May 10--International Paper Company, the world's largest producer of forestry and paper products, and its Finnish rival UPM-Kymmene have both raised their offers for control of Champion International Corp., the Connecticut-based forestry products manufacturer, though International Paper's Full Story

14:16 ET FEDERATED BREEZES BY ESTIMATES
New York, May 10, 2000 (123Jump via COMTEX) -- Today Federated Department Stores (FD) released earnings for the first quarter 2000 ended April 29. The company posted net income of $89 million, or diluted earnings per share of $.41, a 2% increase over first quarter 1999. In the first quarter of 1999, the company Full Story

14:16 ET STINNES REPORTS STRONG 1Q2000 RESULTS REVENUES INCREASE BY EIGHT PERCENT TO NEARLY EUR3 BILLION, CONSOLIDATED NET INCOME GROWS BY 231.9 PERCENT TO EUR222.7 MILLION
MUELHEIM AN DER RUHR, Germany, May 10, 2000 /PRNewswire via COMTEX/ -- Stinnes AG, one of Europe's leading providers of logistics services to industrial customers, today announced improved financial results for the three months ended March 31, 2000. Full Story




 
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