By CBS MarketWatch
Manor Care , a large, nationwide operator of nursing homes, was the subject of a CBS News report on allegations of poor care amid lawsuits in California.
Mattel /zigman2/quotes/209819189/composite MAT +0.57% , the maker of Barbie and other toys, said late Friday that investors should disregard a Bloomberg News report from a Mattel executive who forecast rising sales for its fashionable doll. Mattel said it is the company's policy not to predict results.
News Corp. /zigman2/quotes/204787942/composite NWS -1.62% said late Friday that it had completed its $430 million sale of the Los Angeles Dodgers baseball team to real estate developer Frank McCourt. See full story.
The Pantry , a chain of convenience stores, said late Friday that it completed pricing on $250 million of 7.75 percent notes due 2014, with proceeds of $243.3 million expected when the deal closes on Feb. 19. The Pantry said it is redeeming 10.25 percent notes due in 2007 and also paying down some of its senior credit facility.
Pepsico /zigman2/quotes/208744353/composite PEP +0.24% , the soft drink and snack maker, had its long-term debt rating raised late Friday by Moody's, which cited strong brand names and successful restructuring since the mid-1990s.
Performance Food Group /zigman2/quotes/203676744/composite PFGC -3.32% , which distributes food to institutions such as schools and hospitals, said late Friday that it reached agreement with the Securities and Exchange Commission on accounting errors by a subsidiary. The accord, which does not admit SEC findings, does not require a fine, the company said.
Roche Holding /zigman2/quotes/206948568/delayed RHHVF +3.79% , the Swiss pharmaceutical giant, completed its acquisition Friday of IGEN International /zigman2/quotes/206421852/delayed IGEN 0.00% , whose holders will receive $47.25 in cash and one share of BioVeris share for each share they hold. Igen ceased trading separately.
Timeline , which makes financial software compatible with Microsoft's Windows, said late Friday that Cognos had settled a patent infringement suit. Cognos will pay $1.75 million to Timeline and license some patents without admitting liability, Timeline said. Separately, Timeline said it expects to report a fiscal fourth-quarter profit that would erase $471,000 in losses during the previous nine months.
Trump Hotels & Casinos /zigman2/quotes/210598063/realtime DJT -2.21% looks increasingly like a low-roller, according to Barron's. The company that is majority held by Donald Trump, is awash in debt, with $1.3 billion in mortgage bonds coming due in 2006 and annual payments of about $215 million, Barron's says. A $400 million rescue plan offered last week by DLJ Merchant Banking Partners faces an uncertain reception from bondholders, who would be asked to take as little as 85 cents on the dollar instead of seizing control of the company's Atlantic City hotels and casinos.
UnitedGlobalCom , a broadband service provider, said late Friday that a rights offering will bring in about $1 billion as an oversubscribed plan sells about 83 million Class A shares, 2.3 million Class B shares and about 85 million Class C shares.