Lockheed Martin's astronautics unit plans to cut 600 jobs, or 12 percent of the work force at its southern Jefferson County operation, by the end of the year.
42.
Metallgesellschaft AG said its MG Handel & AMP; Beteiligungen AG trading unit plans to buy Chemag AG, a German trader of chemicals, from BASF AG for an undisclosed amount.
43.
The concessions unit plans to concentrate on expanding its business in stadiums and arenas, and on pursuing new contracts overseas, said Brian Bethers, chief financial officer at the unit.
44.
Cable giant Tele-Communications Inc .'s Tempo unit plans to bid, as does number-two long distance provider MCI Communications Corp ., which pledged to offer at least $ 175 million.
45.
Morgan Stanley's asset-management unit plans to trim seven retail mutual funds from its lineup, with most of the cuts coming from its municipal-bond fund offerings, according to regulatory filings.
46.
And this year, the Global Services unit plans to hire some 11, 000 new people, a mix of consultants, engineers and managers with experience in software design and implementation.
47.
In a bid to squeeze every smidgen of revenue from its cable wires, the AOL Time Warner-owned unit plans to let customers personalize what they see on their TV screens.
48.
The Daimler-Benz AG car, truck and bus unit plans to invest 1 billion marks to convert part of its existing production site into a new engine plant for general motors.
49.
Santos Ltd ., an Australian oil and gas producer, said its international business unit plans to sell its United Kingdom assets to concentrate on petroleum exploration in the United States.
50.
Its Adam Opel AG unit plans to introduce a new car every six months for the next five years, at a cost of 10 billion euros ( dlrs 8.7 billion ).
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