El 21 d’octubre de 1995 era un dissabte sota el signe estrella de ♎. Era el 293 dia de l'any. El president dels Estats Units era William J. (Bill) Clinton.
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21st of October 1995 News
Notícies tal com van aparèixer a la portada del New York Times el 21 d’octubre de 1995
Senator Urged AT&T to Drop Commercials Opposing a Bill
Date: 21 October 1995
By Edmund L. Andrews
Edmund Andrews
Cable News Network, which on Thursday refused to carry commercials opposing a bill to deregulate the communications industry, had an important ally in Congress who wanted to squelch the ads as well. Senator Larry Pressler, Republican of South Dakota and a sponsor of the bill, said today that he met with the head of the AT&T Corporation on Thursday and tried to persuade him to drop the ads on the ground that they were "misleading."
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JERSEY;Extra, Extra! Get Yer Loyal Opposition
Date: 22 October 1995
By Joe Sharkey
Joe Sharkey
O.K., maybe The Elizabeth Reporter has been a bit rough on the city's Mayor, J. Christian Bollwage. Earlier this year, for example, Mayor Bollwage was furious when he was called a "kraut" in the weekly paper. "Allegedly, he was called a kraut," Bob Griffith, a staff reporter, and also a former City Council President, protested. "Actually, the word was used in a letter to the editor." Apparently, the offensive term slipped through on deadline.
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COMPANY NEWS;
Date: 21 October 1995
By Bloomberg News
Bloomberg News
Citicorp says it has spent $800 million buying its own stock since announcing a $3 billion buyback program in June. According to a filing with the Securities and Exchange Commission, Citicorp has bought back 12.3 million shares since the authorization. That includes 11.3 million shares at a cost of $750 million bought back during the third quarter. The repurchased shares represent about 3 percent of the 414 million shares outstanding of the nation's biggest bank company.
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UNOCAL TO SIGN PACT WITH TURKMENISTAN
Date: 21 October 1995
By Bloomberg News
Bloomberg News
The Unocal Corporation said yesterday that it would sign an agreement with the former Soviet republic of Turkmenistan as a first step in an $18 billion project to transport natural gas and oil across Afghanistan to Pakistan. The company, which is also involved in an $8 billion oil development in nearby Azerbaijan, said the project would unlock huge gas reserves in Turkmenistan that the republic developed and has not sold. Unocal and its partner, Delta Oil Company of Saudi Arabia, will spend $10 million during the next year on engineering and marketing studies to determine where a pipeline could be built and who would buy the gas. An agreement on that will be signed with the Government today in New York. But analysts noted that the project faced many risks. There is no agreement with Afghanistan, and the country's mountainous territory would make building a pipeline difficult.
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DIRECTORS APPROVE THE REPURCHASE OF COMMON STOCK
Date: 21 October 1995
By Bloomberg News
Bloomberg News
The directors of Reebok International Ltd. have approved an additional repurchase of up to $200 million in common stock. The repurchase, approved on Thursday, will be conducted in the open market or in privately negotiated transactions, Reebok, the Stoughton, Mass.-based maker of athletic shoes, said yesterday. The company said it had repurchased 41.1 million shares, for $939.3 million, since its repurchase program started in 1991. With the new authorization, there now is a total of about $257 million approved for share purchases.
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CORDIS ASKS DELAY ON JOHNSON & JOHNSON OFFER
Date: 21 October 1995
By Bloomberg News
Bloomberg News
The Cordis Corporation urged shareholders yesterday not to make any decision about Johnson & Johnson's unsolicited $1.6 billion tender offer until it had reviewed the proposal. Cordis said it would consider the offer "in due course" and would announce a decision no later than Nov. 2. Johnson & Johnson announced the offer on Thursday, noting that the Miami-based maker of medical devices to treat heart disease had rebuffed its advances.
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DIME BANCORP APPROVES MEASURES TO BAR A TAKEOVER
Date: 21 October 1995
By Bloomberg News
Bloomberg News
Dime Bancorp Inc., parent company of the Dime Savings Bank of New York, said yesterday that its board had approved a "poison pill," a measure that can make a hostile takeover prohibitively expensive. Dime, the fifth-biggest savings institution in the United States, said it did not take the action in response to any proposed takeover. "It was designed to deter any abusive takeover tactics that might be used in the future," said James Large Jr., Dime chairman. The plan would let Dime shareholders, except a would-be acquirer, buy additional shares at a discount, diluting a hostile acquirer's stake.
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CHEVRON TO TAKE $170 MILLION CHARGE ON ITS EARNINGS
Date: 21 October 1995
By Bloomberg News
Bloomberg News
The Chevron Corporation said yesterday that it would take a third-quarter charge of $170 million related to the decision to sell its real estate operations. Chevron said it was in exclusive talks to sell a major portion of its real estate properties to a group consisting of an affiliate of Morgan Stanley Real Estate Fund II L.P. and Paclaco Inc., a California company led by Christopher Gibbs, a developer. The talks involve 18,000 acres of land for residential and commercial development and 1.7 million square feet of income-producing properties, all in California. The oil company, based in San Francisco, will report third-quarter earnings Tuesday.
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NEW PLAN REALTY TO PURCHASE 9 SHOPPING CENTERS
Date: 21 October 1995
By Bloomberg News
Bloomberg News
New Plan Realty Trust said yesterday that it would buy nine shopping centers for $126 million, including $88 million in cash, from several sellers. Seven of the centers are in Michigan, including one each in Lansing, Farmington, Saginaw, Flint, Shelby, Rochester Hills and Westland. The others are in Middletown, N.Y., and Elyria, Ohio, according to a filing with the Securities and Exchange Commission. The real estate investment trust, based in New York, said the transaction involved centers that have a combined total of about 1.7 million square feet of retail space. The acquisition will increase the holdings of New Plan to 149 properties in 21 states, the company said.
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Goldman Withdraws Suit
Date: 21 October 1995
By Bloomberg News
Bloomberg News
Goldman, Sachs & Company has withdrawn a breach-of-contract lawsuit that it had filed two weeks ago against Christopher Whittle, the media entrepreneur, and his company, Whittle Communications. Goldman had negotiated with Mr. Whittle to buy half of his "Channel One" commercial news program for schools last summer. Mr. Whittle instead sold it to the K-III Communications Corporation in October.
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