Business Briefs

Reported by Star-Bulletin staff & wire

Friday, December 11, 1998

HMSA signs deal with doctor group

The Hawaii Medical Services Association has signed an agreement with the Hawaii Independent Physicians Association allowing HMSA managed-care members to see its physicians. Hawaii IPA, one of the state's largest doctor-run organizations for independent physicians, links more than 300 specialists and primary care providers on Oahu. Oahu HMSA members will be able to select Hawaii IPA in their next open enrollment period.

Coke adds brands to overseas lineup

ATLANTA -- Coca-Cola Co. is buying overseas rights to the Dr Pepper, Crush and other brands from Cadbury Schweppes for about $1.85 billion but expects to disappoint Wall Street with its fourth-quarter earnings.

In other news . . .

Gannett Co., owner of 74 daily newspapers, including the Honolulu Advertiser, said it expects operating profits per share this year to be slightly below analysts' expectations because of weak advertising sales . . . The Japan government and Prime Minister Keizo Obuchi's ruling party have decided to cut income taxes by 20 percent across the board next fiscal year, Japanese newspapers reported today.





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