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companies in the news

K.C. Neel

COX COMMUNICATIONS (NYSE: COX)

Cox Business Services launched Cox Carrier Services, a local telephone service, in 22 of its markets for telecommunications carriers.

AOL TIME WARNER (NYSE: AOL)

AOL Time Warner spent nearly $1 billion in the third quarter to buy back about 22.2 million shares of its stock. The purchase is part of its $5 billion, two-year buyback program.

GEMSTAR-TV GUIDE (NASDAQ: GMST)

Gemstar plans to launch an interactive program guide in Japan. The IPG is expected to be deployed on analog and satellite TV set-tops, as well as other devices.

AT&T CORP. (NYSE: T)

Meeting strong investor demand, AT&T upped the size of its bond offering to over $10 billion. The sale, expected last Thursday, was a combination of 10- and 30-year bonds.

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