BRIEFCASE H&R BLOCK CFO SAYS HE WILL QUIT.Byline: - Staff and Wire Services KANSAS CITY, Mo. - H&R Block Inc. chief financial officer Frank J. Cotroneo has decided to leave the company, the Kansas City-based tax preparer said Thursday. Cotroneo, 44, decided to leave H&R Block ``to pursue other opportunities,'' company spokeswoman Linda McDougall said, calling his departure ``amicable.'' In a statement released by H&R Block, Cotroneo, who joined the company as CFO See Chief Financial Officer. in February 2000, said he would stay until the end of October to assist in the transition to a new chief financial officer. Announcement awaited on store THOUSAND OAKS - City officials were still awaiting word - an announcement had been expected Thursday - that a Nordstrom department store would be opening in The Oaks shopping center. ``We are optimistic that Nordstrom and Macerich will come to terms and reach an agreement,'' said Scott Mitnick, assistant city attorney. Randy Brant brant or brant goose, common name for a species of wild sea goose. The American brant, Branta bernicla, breeds in the Arctic and winters along the Atlantic coast. , who brokers lease agreements for the Santa Monica-based Macerich Co., which owns The Oaks as well 56 other malls in the Southwest, declined to comment on any negotiations with the upscale department store. Miami firm opens Newhall Land deal VALENCIA - National home-builder Lennar Corp. officially opened the deal to buy The Newhall Land and Farming Company The Newhall Land and Farming Company is a land management company based in Valencia, California, United States. The company is responsible for the master community planning of Valencia, as well as the management of farm land elsewhere in the state. , placing $25 million in escrow, the companies announced Thursday. Lennar has completed its due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. in connection with the acquisition, but the billion-dollar deal still needs the approval of Newhall Land's stockholders, company spokeswoman Marlee Lauffer said. A vote is anticipated by the end of the year. Miami-based Lennar Corp. and a spinoff, LNR LNR Local Nature Reserve (United Kingdom) LNR Last Number Redial LNR London News Radio LNR Left/Node/Right (in order binary tree traversal in computer programming) LNR Local Negotiated Rate Property Corp., announced July 21 they had formed a joint venture to buy the Valencia-based Newhall Land, the fast-growing Santa Clarita Valley's pioneer developer. Lennar expects to close the deal in mid-2004. Feds to exclude Tenet Healthcare SANTA BARBARA - The federal government is moving to exclude Tenet Healthcare's Redding Redding, city (1990 pop. 66,462), seat of Shasta co., N central Calif., on the Sacramento River; inc. 1872. A principal tourist center for a mountain and lake region, it also has lumbering, food-processing, and diverse manufacturing. Medical Center from participation in Medicare and other federal health care programs, the company said Thursday. The hospital in Northern California received the exclusion notice Wednesday from the Office of Inspector General Noun 1. Office of Inspector General - the investigative arm of the Federal Trade Commission OIG independent agency - an agency of the United States government that is created by an act of Congress and is independent of the executive departments of the U.S. Department of Health and Human Services Noun 1. Department of Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Health and Human Services, HHS . The Northern California facility will supply investigators with documents in an effort to demonstrate the exclusion is unwarranted, Tenet said in a statement on Thursday. Goldman Sachs indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted. by feds NEW YORK - Goldman Sachs & Co. made millions in illegal profits with the help of a Wall Street consultant who attended Treasury Department news conferences and then rushed to pass on sensitive, advance information about the bond market to the firm, the government charged Thursday. Those who attend Treasury Department news conferences on the bond market must agree to abide by To stand to; to adhere; to maintain. See also: Abide an embargo - meaning they cannot release the information ahead of a set time. The embargoes are designed to make sure all investors get critical market news at the same time, so that no one can gain an edge. But the consultant, Peter Davis, frantically worked his cell phone to get the information to Goldman senior economist John Youngdahl minutes ahead of its public release on Oct. 31, 2001, according to the federal indictment. The call gave Goldman Sachs an eight-minute edge on the rest of the market - enough time to turn a $3.8 million profit, the indictment said. Creditors approve WorldCom plan NEW YORK - WorldCom Inc.'s bankruptcy reorganization plan received broad approval from its creditors, according to a court filing unsealed Thursday. The company, which has renamed itself MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. in the aftermath of a massive accounting fraud exposed last summer, reported that creditors holding about $23.4 billion in WorldCom debt had voted on the plan. Nearly 97 percent of that amount had been cast in favor of the plan. A hearing is scheduled for Monday to consider whether the judge handling the case should approve the reorganization plan. |
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