Autos
ArvinMeritor Inc., the No. 1 maker of axles for commercial trucks, offered $2.2 billion in cash for Dana Corp. in a hostile bid for the global leader in axles for sport utility vehicles, pickups and minivans.
July 9, 2003
Business
ArvinMeritor Inc. said it had ended its $2.67-billion takeover bid for rival auto parts supplier Dana Corp. after Dana’s board unanimously rejected its recently sweetened offer.
Nov. 25, 2003
Technology and the Internet
‘Forces come together’ to produce a flurry of takeover offers. Some analysts are cautious.
* Ingram Micro Inc., the Santa Ana-based computer-products distributor, named Thomas Madden as chief financial officer, replacing Michael Grainger, who was promoted earlier this year to president and chief operating officer.
July 21, 2001
Meritor Automotive said it is buying Arvin Industries in a deal that will create a new auto parts company with a market value of about $1.6 billion.
April 7, 2000
Global markets tumble. But analysts say some of Wall Street’s slide was in reaction to a gloomy outlook for the holiday season from Toys R Us.
Nov. 18, 2003
Entertainment & Arts
News Corp., the media company controlled by Rupert Murdoch, said Wednesday that its fiscal first-quarter profit fell 10% because of lower audience ratings at Fox Television Network.
Nov. 9, 2000
* Lucent Technologies Inc. said it won a contract worth as much as $1 billion to upgrade Sprint Corp.’
July 23, 2003
Major Stock Indexes End the Week on Top Despite a midweek swoon and continuing doubts about the health of the U.S. economy, stocks managed to pull off a second straight winning week.
July 13, 2003
Shares of Eastman Kodak Co. and Polaroid Corp. took a beating Tuesday after the shine on the industry’s “digital halo” was tarnished by an earnings surprise and euro worries.
Sept. 27, 2000