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BRIEFCASE DOLE RANKED NO. 2 IN CUSTOMER CARE.


Byline: - Staff and Wire Services

WESTLAKE VILLAGE - Dole Food Co. announced Friday that it is second among the 31 companies in the food, beverage and tobacco sector as ranked by The Customer Respect Group in its Winter 2003 Customer Respect Study.

The Customer Respect Group is an international research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 that focuses on how corporations treat their customers online based on 25 different attributes that create the online customer experience. Dole's Customer Respect Index was 8.9, while the average for the sector was 6.2.

Agilent to trim 4,000 more jobs

SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
 - Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  Inc., a leading maker of test and measurement equipment, will cut another 4,000 jobs, or more than 11 percent of its work force, after posting a wider fiscal first-quarter loss Friday.

The Palo Alto-based company, which eliminated 2,500 jobs in November and 8,000 jobs in late 2001, said uncertainty in the economy has continued to weaken demand for its products.

``Our first-quarter results were disappointing,'' said Ned Barnholt, Agilent's chairman and chief executive. ``Orders were weaker than expected due to a general climate of uncertainty. ... Based on these results, we are taking additional aggressive cost-cutting actions to return Agilent to profitability during the second half of this year.''

The company, which was spun off from Hewlett-Packard Co. in 1999, had 35,000 employees before the cuts.

McDonald's debt gets downgraded

CHICAGO - Moody's Investors Service Moody's Investors Service

A leading global credit rating, research and risk analysis firm.


Moody's Investors Service

A leading firm engaged in credit rating, risk analysis, and research of fixed-income securities and their issuers.
 downgraded McDonald's Corp.'s long-term senior unsecured debt Unsecured debt

Debt that does not identify specific assets that the debtholder is entitled to in case of default.
 on Friday, citing the company's second consecutive year of sliding same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. .

Moody's said the downgrade of the world's largest fast-food restaurant chain to A2 from Aa3 - still investment grade - also reflects a lower return on the company's assets. The rating agency also said it expects efforts to restore McDonald's vitality will take two years or more.

Last month, McDonald's posted its first-ever quarterly loss - $344 million - acknowledging complications from its fast expansion pace and complaints about speed and food quality in its U.S. restaurants.

US Airways' plan for pilots in peril

ALEXANDRIA, Va. - US Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways.  told a bankruptcy judge Friday that the company faces almost imminent liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts.

A type of proceeding pursuant to federal Bankruptcy
 if it is not permitted to terminate the pension plan for its 6,000 pilots.

The bankrupt airline faces a $1.6 billion gap over the next seven years between its pension assets and its liabilities, the company said Friday. Resolution of the issue is the last major hurdle it faces to meet its goal of emerging from bankruptcy by the end of March.
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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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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Feb 22, 2003
Words:417
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