BRIEFCASE GUESS, FOSSIL MULL GLOBAL WATCH DEAL.Byline: - Staff and Wire Services Guess? Inc. and Fossil Inc. announced Friday that they are in ``advanced negotiations'' for a 10-year global license agreement in which Fossil would produce and distribute Guess and Guess Collection watches. The proposed license agreement, which would have an option to renew, would begin in January 2007. Fossil officials plan to form a separate company for the Guess business and utilize Fossil's worldwide network to expand the distribution of Guess and Guess Collection watches globally. Current worldwide wholesale sales of Guess and Guess Collection watches are $150 million. The parties plan to base minimum royalties on wholesale sales of $1.36 billion for the initial 10-year term. Warner Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . gets soccer licensing BURBANK - Warner Bros. Consumer Products signed a long-term strategic licensing agreement with the Union of European Football Association. The company has been appointed UEFA's exclusive worldwide licensing representative for UEFA UEFA Union of European Football Associations UEFA n abbr (= Union of European Football Associations) → U.E.F.A. EURO 2008. The UEFA European Football Championship will be held in Austria and Switzerland during the summer of 2008. As part of the agreement, announced Friday, WBCP WBCP Wild Bird Club of the Philippines also has the rights to other competitions that are part of the UEFA EUROTOP program. The UEFA European Football Championship is held every four years and is the largest European football event, in which Europe's top 16 national football teams battle it out on the field for the championship. Terms of the licensing agreement were not disclosed. Vioxx settlements could be reached TRENTON, N.J. - Merck & Co. will consider settling a limited number of lawsuits over its withdrawn painkiller Vioxx, a spokesman said Friday. The drug's link to heart attacks and strokes has spawned thousands of lawsuits and last week's $253 million jury verdict in Texas. As recently as Wednesday, company lawyers were still saying they planned to fight each personal-injury lawsuit. On Thursday morning, Merck said that as of Aug. 15 it faced nearly 5,000 lawsuits alleging that patients were harmed by the drug - almost 600 more cases than in its prior update five weeks earlier. The total includes about 150 potential class-action suits that could include many plaintiffs. Kent Jarrell, spokesman for the company's legal team, said Merck could decide to fight some cases aggressively and settle others. Oil prices drop, but worries linger 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 - Oil prices fell more than $1 a barrel Friday as traders took profits from recent record highs, but concerns lingered that Hurricane Katrina  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. might disrupt supplies of refined fuels from the Gulf Coast. Light, sweet crude for October delivery fell $1.36 to settle at $66.13 a barrel on the New York Mercantile Exchange New York Mercantile Exchange (NYMEX) The world's largest physical commodity futures exchange. after rising as high as $67.95. The contract settled Thursday at a record $67.49, the highest closing price since oil began trading on Nymex in 1983, after touching $68 earlier in the day. 'Net phone callers still have service WASHINGTON - A deadline has been extended that could have left tens of thousands of people without Internet phone service See VoIP. next week. The Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. said Friday that it would delay a Monday deadline for providers of Internet-based phone calls to obtain acknowledgments that their customers understand the problems they may encounter when dialing 911 in an emergency. Providers of the phone service, known as Voice over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. or ``VoIP,'' had been told by the FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. that they should disconnect service by Tuesday to people who had not responded. The agency extended the deadline to Sept. 28. If by that time a provider still has not received confirmation, then the company should disconnect a customer's phone service, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the FCC order. IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) secures No. 1 rank in Unix sales AUSTIN, Texas - IBM Corp. captured its first No. 1 ranking in Unix computer sales in the second quarter in years, capping nearly a decade of work led by researchers in Austin. IBM captured 31 percent of the $4.3 billion in Unix server sales in the quarter, edging out Hewlett-Packard Co. and Sun Microsystems Inc., which recorded 30 percent and 29.5 percent, respectively, research firm IDC said Friday. IBM, which launched its new Power 5 processor family of computers last year, saw its Unix market share climb 6.9 percentage points from the same quarter a year ago. Unix servers are favored by many corporations for running business networks. It was the first top ranking for IBM since the mid-1990s. Sun still ranked well ahead of IBM in unit shipments of Unix computers. |
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