Shareholders push D&B sale

Article Abstract:

Dun and Bradstreet Co of Murray Hill, NJ, may be put up for sale after Harris Associates of Chicago, IL, sought the possibility of seeking for a buyer. The company publishes the Moody's Investors Service for bond ratings and is a major provider of business-credit information to direct marketers. Harris Associates, the firm's largest shareholder with a 12.5% stake, said that recent trends in the acquisition of business-information companies suggest the Dun and Bradsreeet should be worth more than its current stock price of $26 per share.

Investment Advisory Services, Investment Advice, Investment advisers, Dun and Bradstreet Co.

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Paul Harris puts J. Peterman on the block

Article Abstract:

Indianapolis, In-based women's apparel store chain Paul Harris Stores Inc has put up its J. Peterman Co division up for sale. The 300-store Indiana retailer, which had acquired J. Peterman from a bankruptcy proceeding for roughly $10 million in 1999, wants to focus on its core business, which is the sale of moderately priced women's ready-to-wear apparel. The company expects a quick sale because of interest in the brand and the approaching holiday season.

Women's Ready-to-Wear Stores, Women's Clothing Stores, Indiana, J. Peterman Co.

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E-mail solution smoothes workload, cuts baclogs

Article Abstract:

Online personal insurance marketer Electric Insurance Co of Beverley, CA, has integrated a new technology into its call center that would allow its telephone representatives to answer e-mail inquiries. The company has a system called eQuote that enables customers to obtain quotes for auto insurance by filling out online forms and contact agents by phone or e- mail. Electric Insurance expects e-mail inquiries to increase from 70,0000 to 100,000 in 1999.

General services, Insurance, Insurance Carriers and Related Activities, Electric Insurance Co.

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