July 2005
Crain's New York Business;7/25/2005, Vol. 21 Issue 30, p1
This article presents news briefs related to various businesses in New York City. Shares of intimate-apparel firm Maidenform Inc. surged more than 20% on their first day of public trading, while Genco Shipping Ltd.'s stock sank after an initial public offering priced below its estimated range. Nextel Communications Inc. will fight a lawsuit filed last week by the City's Department of Consumer Affairs accusing it and two other carriers of deceptive advertising. Longtime New York television executive Dennis Swanson is a candidate to succeed Fred Reynolds as president of Viacom Television Stations Group. Conway's is closing its 28,000-square-foot store at 675 Third Avenue, at 45th Street, by July 29, 2005 to make room for a financial services company that is expected to lease 11,000 square feet on the ground floor.


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