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BRIEFCASE COUNTRYWIDE SET TO EXPAND CENTERS.


Byline: - Staff and Wire Services

CALABASAS - Countrywide Bank announced plans on Thursday to expand its financial centers in Florida. The five centers are located in Orlando, Naples, Clearwater, New Port Richey and Lake Mary Lake Mary may refer to:
  • Lake Mary, Florida, a town in Florida
  • Lake Mary Township, Minnesota, a township in Douglas County, Minnesota
  • Lake Mary (Arizona), a reservoir south east of Flagstaff, Arizona
  • Lake Mary, a lake in McLeod County, Minnesota
.

Countrywide Bank launched into banking more than a year ago. It is a division of Treasury Bank, N.A., owned by Countrywide Financial Countrywide Financial Corporation (NYSE: CFC) is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses.  Corporation.

Griffin eyes sale of Beverly Hilton

Entertainment mogul Merv Griffin says he is working on a deal that could result in the sale of his Beverly Hilton hotel, site of countless Hollywood award shows.

Griffin said Wednesday that he has been in discussions with Beverly Hills real estate developer Probity PROBITY. Justice, honesty. A man of probity is one who loves justice and honesty, and who dislikes the contrary. Wolff, Dr. de la Nat. Sec. 772.  International Corp. The hotel would retain its name if sold, Griffin and Probity said.

No other details of the discussions were disclosed.

Probity has developed a number of commercial and residential properties in the Los Angeles area and is the managing partner of the Peninsula Beverly Hills hotel The Beverly Hills Hotel is a hotel in Beverly Hills, CA, at 9641 Sunset Boulevard. It was opened on May 12, 1912 and started by Margaret J. Anderson and her son, Stanley S. Anderson, who had been managing the Hollywood Hotel. .

PeopleSoft refund promise revealed

SAN FRANCISCO - Business software maker PeopleSoft Inc. disclosed Thursday that its second-quarter deals could saddle Oracle Corp. with customer refunds totaling $354 million if the spurned spurn  
v. spurned, spurn·ing, spurns

v.tr.
1. To reject disdainfully or contemptuously; scorn. See Synonyms at refuse1.

2. To kick at or tread on disdainfully.

v.
 suitor SUITOR. One who is a party to a suit or action in court. One who is a party to an action. In its ancient sense, suitor meant one Who was bound to attend the county court, also, one who formed part of the secta. (q.v.)  prevails in a hostile-takeover bid.

The unusual refund promises, detailed in a Securities and Exchange Commission filing, would wipe out most of PeopleSoft's second-quarter revenue, which the company expects to range between $490 million and $500 million.

Seeking to reassure customers uncertain about the company's future, PeopleSoft offered to return two to five times the sales amount if it's acquired and there are dramatic changes to its products or services during the next two years.

Wal-Mart union recruiting upheld

LITTLE ROCK, Ark. - The Arkansas Supreme Court The Arkansas Supreme Court is the highest court in the U.S. state of Arkansas. It consists of a Chief Justice and six Associate Justices. The Justices are elected in a non-partisan election for a term of eight years.  on Thursday overturned a ruling that had barred a union from recruiting members inside Wal-Mart and Sam's Club stores nationwide.

In a 6-1 decision, the high court threw out an injunction issued by an Arkansas state judge, saying the world's largest retailer failed to show that the union organizing caused irreparable harm. Two of the justices also criticized the judge for reaching beyond the state and imposing a coast-to-coast ban.

Wal-Mart Stores Inc. spokeswoman Sarah Clark said the Bentonville, Ark.-based company remains ``committed to protecting our stores, associates and customers from aggressive and unsolicited actions.''

Wal-Mart, which has waged battles against unions across the country, sued after organizers went to about 300 Supercenters around the nation in 1999. The company said the union representatives were trespassing and harassing workers.

Dell is shelving recycling vendor

DALLAS - Dell Computer Corp. said Thursday that it will stop using a recycling vendor that relies on prison labor and has hired two new contractors to perform the work.

The computer giant has been under intense pressure since last week to sever ties with UNICOR UNICOR Federal Prison Industries, Inc.
UNICOR UNIque Corporation
, a government-run corporation that uses federal prison inmates for a variety of moneymaking ventures.

Last week, the Silicon Valley Toxics Coalition, an environmental group in California, accused Dell of running a ``primitive'' recycling system that exposed inmates to dangerous chemicals as they took apart computers and plucked out the reusable parts.

Enquirer En`quir´er

n. 1. See Inquirer.

Noun 1. enquirer - someone who asks a question
asker, inquirer, querier, questioner
 owner aims at Latinos

MIAMI Miami, cities, United States
Miami (mīăm`ē, –ə).

1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896.
 - The Boca Raton publisher of The National Enquirer and other tabloids has launched a division to create magazines and books for the growing Hispanic-American market.

AMI's new department, AMI Latino Magazine Group, arrives as the Florida publisher is making headway to launch Shape en espaol in October. The company also just acquired the Spanish-language license to its Men's Fitness title from the Ideas Publishing Group of Miami.
COPYRIGHT 2003 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Jul 4, 2003
Words:577
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