BRIEFCASE DOLE LOWERS DEBT BY $167 MILLION.Byline: - Staff and Wire Services WESTLAKE VILLAGE - Dole Food Co. announced Wednesday that it has reduced its debt by $167 million from the $459 million total outstanding under the fruit grower's senior secured credit facility. During the second quarter 2003, the company repaid $476 million of principal under the facility from the proceeds of an additional senior note offering. NeoStem names exec from Amgen AGOURA HILLS - NeoStem, a new company committed to pioneering adult stem cell Adult stem cells are undifferentiated cells found throughout the body that divide to replenish dying cells and regenerate damaged tissues. Also known as somatic (from Greek Σωματικóς, of the body therapeutics, announced Wednesday that former Amgen financial executive Larry A. May was named chief financial officer. May brings to NeoStem more than 30 years of experience in corporate finance, executive management and business leadership in the biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. sector. For the last 20 years, May has worked in the areas of life science and biotechnology. Most recently, he was chief financial officer of Saronyx Inc., a company that develops productivity tools and secure communication systems for research scientists. AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner plays name game NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - AOL and Time Warner got married at the height of the Internet boom, and now they seem ready to acknowledge that it's time for a separation - in name, at least. Today, AOL Time Warner Inc.'s board will vote on a proposal to drop ``AOL'' from the company's name, according to a source familiar with the matter who spoke on condition of anonymity. The measure was expected to pass. Northrop names board chairman Northrop Grumman Corp. said Wednesday that Ronald D. Sugar, the defense contractor's president and chief executive, has been named board chairman. Sugar, 55, will take over Oct. 1 from Kent Kresa, who retires on that date after serving as chairman since 1990. Kresa stepped down as president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. in April. Sugar was named president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. in 2001 after Northrop bought Litton Industries, where Sugar was president. Water caps pose hazard to children WASHINGTON - An Atlanta company is recalling 3.2 million bottles of water after receiving 10 complaints of caps unexpectedly coming off and posing a choking hazard to young children. CCDA CCDA Cisco Certified Design Associate CCDA Christian Community Development Association CCDA California Career Development Association CCDA Central Coast Dressage Association CCDA Cape Cod Dressage Association (Massachusetts) Waters LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control - a joint venture of Coca-Cola, Groupe Danone and Danone Holdings - has received no reports of injuries from the push-pull caps, the Consumer Product Safety Commission said Wednesday. The water was sold singly and in multipacks in 8-oz., 8.5-oz. and .33- liter sizes under the brand names Dannon Fluoride to Go, Pure American, Enon Springs, Alhambra Junior Sport Drinking Water and Sparkletts Junior Sport Drinking Water. Consumers can return the water to the store of purchase for a refund. Firm's pacifiers are being recalled WASHINGTON - A Minnesota company is recalling some 154,000 pacifiers because the product may fall apart and pose a choking hazard to infants and small children. Silicone and latex pacifiers from Apothecary apothecary /apoth·e·cary/ (ah-poth´e-kar?e) pharmacist. a·poth·e·car·y n. pl. a·poth·e·car·ies Abbr. ap. 1. Products of Burnsville, Minn., were sold nationwide at Kroger-owned stores, which would include Ralphs and Food 4 Less stores in Southern California, from August 2002 to August 2003 for about $3.50 to $5. The recalled pacifiers have model numbers 35826, 35827, 35828 and 35829. Pacifiers can be returned to Kroger stores for a full refund. |
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