|
|
Enron Mail |
======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Wednesday, May 30, 2001 benjamin.rogers@enron.com ================================================================= IN THIS ISSUE --------------------- - TOP STORY: Alcatel, Lucent Call It Off http://www.fool.com/m.asp?i=417136 - NEWS TO GO: Sun Microsystems, Coke, and Tyco http://www.fool.com/m.asp?i=417137 - HOT TOPICS: Microsoft, AMD, and IRA/401(k) limits http://www.fool.com/m.asp?i=417138 ================================================================= SPONSORED BY: IBD Learn to invest Foolishly by using Investor's Business Daily. Get an online Fool tutorial with your FREE two-week subscription to IBD. http://www.lnksrv.com/m.asp?i=417139 "Things do not change; we change." -- Henry David Thoreau ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- ALCATEL, LUCENT CALL IT OFF In a short joint statement that nevertheless said it all, Alcatel (NYSE: ALA) and Lucent (NYSE: LU) said last night that ongoing merger talks between the companies were terminated. <<FULL STORY: http://www.fool.com/m.asp?i=417140 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- Computer networking equipment maker Sun Microsystems (Nasdaq: SUNW) lowered fiscal fourth-quarter (ending June 30) financial forecasts, saying it expects to earn $0.02 to $0.04 per share, missing First Call's $0.06 consensus estimate, as revenues come in between $3.8 billion and $4 billion. A U.S. district judge yesterday approved Coca-Cola's (NYSE: KO) proposed $192.5 million settlement for a race discrimination lawsuit filed by 2,200 black employees. Coca-Cola had denied the charges in the lawsuit, which included discrimination in promotion and compensation. The settlement, according to Reuters, is the largest ever for a race discrimination case. Diversified manufacturing company Tyco International (NYSE: TYC) agreed to buy medical products company C.R. Bard (NYSE: BCR) in a $3.2 billion stock swap expected to value the company at $60 per share, or about a 30% premium to last night's close. C.R. Bard's revenue in 2000 was $1.1 billion and makes equipment used in vascular, urological, and oncological diagnosis, among other products. Consumer electronics retailer Radio Shack (NYSE: RSH) announced that slower-than-expected Q2 sales will result in EPS from $0.25 to $0.27, missing Wall Street's $0.34 consensus projection and last year's $0.38. Same-store sales look to come in flat year-over-year. Internet career search giant TMP Worldwide (Nasdaq: TMPW), which operates the Monster.com site, said it bought the FlipDog.com job site from WhizBang! Labs on May 25. Terms of the deal were not disclosed. Athletic footwear company K-Swiss (Nasdaq: KSWS) formed a joint venture with Rugged Shark to develop and market a line of National Geographic-inspired outdoor and casual footwear. K-Swiss expects it'll cost $1 million to get the line up and ready for a fall 2002 launch. K-Swiss will own 75% of the venture. ----------------------------------------------------------------- HOT TOPICS ----------------------------------------------------------------- MICROSOFT GOES AOL HUNTING Microsoft has its sights on AOL's customers. Be vewy vewy quiet. http://www.fool.com/m.asp?i=417141 ANALYZING AMD "So if the market does start to head south, I think AMD has quite a bit farther to fall than Intel." Fools on the AMD board debate. http://www.fool.com/m.asp?i=417142 NEW LIMITS ON IRAS AND 401(K)S Living Below Your Means Fools discuss how things have changed. http://www.fool.com/m.asp?i=417143 <<MORE HOT TOPICS: http://www.fool.com/m.asp?i=417144 ================================================================= SPONSORED BY: IBD Learn to invest Foolishly by using Investor's Business Daily. Get an online Fool tutorial with your FREE two-week subscription to IBD. http://www.lnksrv.com/m.asp?i=417145 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=417146 My Discussion Boards: http://www.fool.com/m.asp?i=417147 FAST AND FREE Grab your Member Benefits and check out what's new for you this week. http://www.fool.com/m.asp?i=417148 WE SAVE OUR BEST INVESTING IDEAS... for our new research service, The Motley Fool Select. Only $4.99 per month for subscribers. http://www.fool.com/m.asp?i=417149 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=417150 UNSUBSCRIBE Here's how to unsubscribe or change your settings. http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers@enron.com _________________________________________________________________ © Copyright 2001, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. MsgId: msg-12530-2001-05-30_9-15-23-333236_2_Plain_MessageAddress.msg-09:21:56(5-30-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com
|