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ISG Executives to Hold Key Positions at New Mittal Steel
Tuesday, October 26, 2004ROTTERDAM, The Netherlands -- Following completion of Ispat International N.V.'s acquisition of LNM Holdings N.V. announced yesterday, the company will be renamed Mittal Steel Co. N.V. The new company includes International Steel Group Inc., whose merger with Ispat International also was announced yesterday. The two top ISG executives will hold key positions in the new company.The combined Mittal Steel will be the largest and most global steel company in the world and will be listed on the New York Stock Exchange and Euronext Amsterdam, officials said.
"U.S. Markets, Economy Face Serious Challenges Post-Election"
Monday, October 25, 2004"NEW YORK -- Regardless of who wins the U.S. presidential election on Nov. 2, the new administration will face an enormous challenge, according to analysts at Standard & Poor's.The United States is running a current account deficit of more than 5% of Gross Domestic Product, attributable in part to a diminishing personal savings rate, which has declined to around 1% of GDP from high single digits a decade ago and a loosening fiscal stance during the past four years.
"When Bush Touches Down, Ask These Questions"
Monday, October 25, 2004"By Dennis LaRueYOUNGSTOWN, Ohio -- Because U.S. Reps. Tim Ryan and Ted Strickland can't direct questions to George W. Bush when he visits tomorrow, they urge area reporters to ask their questions for them.
International Steel Group to Merge with Ispat
Monday, October 25, 2004RICHFIELD, Ohio -- International Steel Group Inc. today announced a merger agreement with Ispat InternationalN.V., a transaction that will create the largest steel company in theworld. The new company will be named Mittal Steel, ISG said. But additional details about the merger were not disclosed in today's news release, which instead focused on third-quarter earnings.IStG reported third quarter net income of $256.4 million, or $2.51 per diluted share, and net income of $421.4 million, or $4.15 per diluted share, for the nine months ended Sept.
Planning is Key to Accountability in Advertising Campaigns
Monday, October 25, 2004This article is new this week in The Business Journal's small business how-to section. To see what else is new, click here or click on the "how-to" tab at the top of The Daily Business Journal Online home page.CAMP HILL, Pa. -- To significantly improve the efficiency and effectiveness of any advertising or public relations campaign, strategy must be driven by clearly researched goals and performance outcome evaluation throughout the campaign process, says communications consultant Victoria Radabaugh. "You have to build in accountability as you go," she says.
Public Attitudes Shifting About War in Iraq
Monday, October 25, 2004ROCHESTER, N.Y. -- For the past few months, the American public's attitudes to a number of key issues on Iraq have remained remarkably stable. Most U.S. adults, it seemed, had made up their minds and neither the recent news from Iraq nor the campaign rhetoric has had much impact on their opinion. However, that has changed in the past month, according to Harris Interactive.
Key Equipment Finance to Acquire American Express Unit
Monday, October 25, 2004CLEVELAND -- Key Equipment Finance, the equipment leasing and an affiliate of KeyCorp, will acquire American Express Business Finance Corp., the equipment leasing unit of American Express' small business division, officials announced recently.With a portfolio of approximately $1.5 billion at Sept. 30, AEBF is a commercial finance company that provides capital for small and middle market businesses, principally in the healthcare, information technology, office products and commercial vehicles/construction, and industrial segments.
Higher Education Progress Stalled Despite High School Gains
Monday, October 25, 2004This report is new this week in The Business Journal's small business how-to section. To see what else is new, click here or click on the "how-to" tab at the top of The Daily Business Journal Online home page.SAN JOSE, Calif. -- Although more high school graduates are prepared for college, most states, and the nation as a whole, have made few gains in college enrollment and completion over the last decade, according to the National Center for Public Policy and Higher Education.
NRLB Dismisses Steelworkers' Charges Against RMI Titanium
Monday, October 25, 2004NILES, Ohio-- Charges brought by the United Steelworkers of America against RMI Titanium Co. have been dismissed by the National Labor Relations Board, officials of RMI parent RTI International Metals Inc.
America's Voters Splitting Hairs in Presidential Race
Monday, October 25, 2004BOSTON -- The race for President may be decided by a hair. For nearly 100 years, Americans have been electing clean-shaven presidents, a trend that continues with this year's candidates. And when it comes to best Presidential coif, George W. Bush is leading by a hair.To date, 79% of all U.S. Presidents have been clean-shaven, and the last President with a moustache or beard was William Howard Taft, who left the White House in 1913, according to a survey conducted on behalf of Gillette M3Power. In addition, an overwhelming majority of historical figures whose portraits are immortalized on U.S.