BUSINESS NOTES NETZERO TO OBTAIN R.I.'S SIMPLI.COM.NetZero Inc., the nation's third-largest Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , is purchasing Rhode Island-based Simpli.com for $22.4 million in stock and cash in an effort to enhance its target-marketing ability. Westlake Village-based NetZero will issue 2.5 million shares of stock and pay $2.6 million in cash for the privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. and its SimpliFind technology. Shares of NetZero closed at $7.94 Thursday, a decrease of 44 cents. - Daily News CPK CPK creatine kinase. CPK creatine phosphokinase. restaurant chain files for IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. Los Angeles-based California Pizza Kitchen California Pizza Kitchen (NASDAQ: CPKI, known within the food industry as CPK) is a casual dining restaurant chain that specializes in California-style pizza. The restaurant was started in 1985 by attorneys Rick Rosenfield and Larry Flax in Beverly Hills, California, Inc. said Thursday that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering. Banc of America Securities LLC, Deutsche Bank Alex. Brown Deutsche Bank Alex. Brown is the private client services division of Deutsche Bank Securities, the U.S. corporate and investment arm of German banking colossus Deutsche Bank. It is the organization successor to the 200 year-old investment bank Alex. and Robertson Stephens are the underwriters. When available, copies of the preliminary prospectus can be obtained from Banc of America Securities LLC, 600 Montgomery St., San Francisco, CA 94111, (415) 627-2000; or Deutsche Banc Alex. Brown, 1 South St., Baltimore, MD 21202, (410) 727-1700. California Pizza Kitchen is a casual dining restaurant chain founded in 1985. There are 81 full-service restaurants and 19 fast-food locations throughout the United States and in three foreign countries. - Daily News DirectTV to add network channels El Segundo-based DirectTV Inc. said Thursday that it has signed Retransmission Consent Agreements with 11 station groups in preparation to expanding its local channel offerings. This will eventually add channels KTLA KTLA KCBS TV in Los Angeles (Channel 5), KCAL (Channel 9) and KCOP (Channel 13) to the local mix in the Los Angeles area. DirectTV already offers channels KCBS KCBS Kansas City Barbecue Society KCBS Korea Christian Book Service (now called KCB; Seoul, Korea) KCBS Kerala Catholic Bible Society (Kerala, India) (Channel 2), KNBC KNBC Kings Norton Bowling Club (Channel 4), KABC (Channel 7) and KTTV (Channel 11). A fifth local channel could be offered sometime this summer or in the fall, the company said. - Daily News WB Store recalls Tweety products WASHINGTON - Warner Bros. Studio Store is recalling about 3,800 rattles and 1,000 pairs of sandals that bear the image of the cartoon character Tweety because small parts of each product can detach and pose a choking hazard to young children. The company, based in Burbank, has received three reports of parents removing detached parts from their babies' mouths, the Consumer Product Safety Commission said Thursday. No injuries have been reported. The rattle is sold as part of a Tweety Bib, Rattle and Spoon Set. The rattle, which is covered with a yellow cloth and is about 5 inches long, looks like Tweety wearing a small blue and white bib. The bib can detach, posing a choking hazard. The Tweety sandals are girls' swimwear sandals made of transparent pink plastic with embedded sparkles and a picture on the inside soles of Tweety sitting on flowers. The sandals, sold in infant sizes from 3 to 15 months, have three detachable round plastic flowers on the top surface. - Associated Press Top hospital chain changes its name NASHVILLE, Tenn. - Columbia/HCA Healthcare Corp., the nation's largest hospital chain that's battling to restore its credibility amid billing fraud charges, is changing its name to HCA HCA, n.pr See acid, hydroxycitric. - The Healthcare Company, effective immediately. The change announced Thursday is the latest attempt by the Nashville, Tenn.-based company to break with its checkered past. Last week, HCA agreed to pay a $745 million fine to the federal government to partially settle allegations it routinely overbilled Medicare and other health programs. ``We have restructured this company based on the principles on which the company was originally founded and our name reflects that change,'' said Chief Executive Thomas Frist Jr. - Associated Press |
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