LYCOS RETRIEVER 
October 2003
built 177 days ago
On 3 October 2003, a number of heavy explosions occur in Bucharest, Ploiesti and Pitesti. All these explosions are claimed by a terrorist group ... threatening with following-on actions. The National Security Council decides to put the security forces at a higher state of alert, also in view of the "127 International Football Tournament" to be is held in Romania from 5 to 10 October 2003.
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The October 2003 issue of Wired features the article "The Fast-Forward, On-Demand, Network-Smashing Future of Television," all about how recent technical advances are changing networks' business models and what the future may hold for them. There's ... an interesting sidebar article about a theme covered here again and again: the shaky future of TiVo as a company.
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In October 2003, the company was acquired by Phoenix Footwear. Sales for Royal Robbins in calendar year 2006 were approximately $30 million. The transaction is expected to close by early July. Kellwood is purchasing Royal Robbins for approximately $40 million. The Company does not anticipate the acquisition will significantly impact 2007 results. Kellwood was represented by Financo, Inc. and Phoenix Footwear by Kurt Salmon Associates Capital Advisors, Inc.
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Aero Lloyd, [T]he biggest independent German charter carrier with 12% of the market, unexpectedly filed for insolvency on October 17, 2003. The collapse came after its main creditor and 66% shareholder, Bavarian state bank BayernLB, withdrew support and declined to provide financing for a management-proposed restructuring of the struggling airline. Flight operations ceased at 6 a.m. local time, stranding 8,500 passengers, including 4,500 outside Germany, who scrambled to find new flights from travel agencies or carriers operating for TUI and Thomas Cook. BayernLB acquired its 66% stake in Aero Lloyd in 1987; the rest is owned by private investors. The airline had 1,400 employees, 1,000 of them in Germany. With its fleet of 21 A320-200s and A321-200s it flew to 60 medium-range tourist destinations in 13 countries.
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During October, the U.S. welcomed 2.9 million international visitors, a one percent increase over last year, marking the first positive growth since January 2003. The growth of inbound travel contributed to the lessening of the year-to-date decline that now stands at less than six percent. Year-to-date arrivals totaled over 28.7 million visitors. To some extent the declines in March were partially offset by the gains in April due to the different dates in the occurrence of Easter (March 31, 2002 vs. April 20, 2003)
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Motion made by Trustee Coughlin and seconded by Trustee Krieg granting permission for the Freeburg Woman’s Club to hold their annual Halloween Parade on October 31, 2003 starting at 6 p.m. Motion Carried. (5 ayes; 0 nay; 1 absent).
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