BRIEFCASE HUGHES NOW GOES BY DIRECTV NAME.Byline: - Staff and Wire Services EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and - Hughes Electronics Corp. announced that, effective Tuesday, its company name was changed to The DirecTV Group Inc. In addition, the company has changed its ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. to ``DTV'' from the current ``HS'' symbol and will commence trading under the new name and symbol beginning today. In conjunction with its name change, The DirecTV Group will have a new corporate logo, and its Web site URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. has been changed to ``directv.com.'' Prosecutor: Tyco looted by execs 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 - Ex-Tyco chief Dennis Kozlowski Leo Dennis Kozlowski (born November 16 1946, Newark, New Jersey) is a former CEO of Tyco International, convicted of misappropriating more than $400 million of the company's funds. He is currently serving at least eight years and four months in prison. treated Tyco as his ``personal ATM'' and abused the trust of company directors, prosecutors said in closing arguments yesterday. Kozlowski used Tyco money for a $5 million wedding ring, $30,000 worth of opera glasses and half the tab for a $2 million Roman-themed birthday bash in Sardinia, prosecutor Ann Donnelly told jurors. Kozlowski and co-defendant Mark Swartz are accused of stealing $170 million from Tyco and obtaining $430 million by pumping Tyco shares to investors and them dumping them at inflated prices. CalPERS rate plan advances with OK SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - CalPERS, the country's largest public pension fund, moved closer on Tuesday to charging its 1.2 million members different rates for their health coverage depending on where they live. In an effort to keep members from leaving its health program, the health committee of the California Public Employees' Retirement System approved a plan to divide its membership into five regions - four for California residents and one for members who live outside the state. While Tuesday's action does not lock the board into approving regional pricing, it allows the directors to find out what premiums could be charged in different regions. Under the proposal, it is expected that an area such as San Francisco would have higher premiums than Southern California, where greater competition among hospitals keeps costs lower. |
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