Journalists Aren't the Only Risky C.I.A. Cover
Date: 21 March 1996
To the Editor: Re "No Press Card for Spies" (editorial, March 18):
S'està reproduint dimecres, 20 de març de 1996
El 20 de març de 1996 era un dimecres sota el signe estrella de ♓. Era el 79 dia de l'any. El president dels Estats Units era William J. (Bill) Clinton.
Si vas néixer aquest dia, tens 30 anys. El teu darrer aniversari va ser el divendres, 20 de març de 2026, fa 84 dies. El teu proper aniversari és el dissabte, 20 de març de 2027, d'aquí a 280 dies. Heu viscut durant 11.041 dies, o unes 264.999 hores, o uns 15.899.997 minuts, o uns 953.999.820 segons.
Algunes persones que comparteixen aquest aniversari:
20th of March 1996 News
Notícies tal com van aparèixer a la portada del New York Times el 20 de març de 1996
COMPANY NEWS;Messier May Face Suspension
Date: 21 March 1996
Mark Messier, the Ranger captain and leading goal scorer with 43, could be suspended for an incident during Tuesday night's game in which he hit Edmonton's Dave Roberts in the face with his stick. Messier was given a two-minute roughing penalty during the third period of the Rangers' 4-1 loss. Roberts suffered a fractured left nasal cavity and a possible fractured left cheek bone.
COMPANY NEWS;CATERPILLAR TO CLOSE PLANT IN PENNSYLVANIA
Date: 20 March 1996
Dow Jones
Dow Jones
Caterpillar Inc. said yesterday that it would close its Precision Barstock Products unit in York, Pa., because the plant was not competitive. Caterpillar said it would begin closing the plant in the next few weeks and would complete the shutdown in two or three years. All of the 1,100 employees will be affected. Caterpillar, based in Peoria, Ill., said it recorded a reserve in 1991 for the cost of the closing, so the shutdown would not have a significant impact on its current results. The company said it had made contract offers to the United Automobile Workers that would have allowed the plant to stay open. Union members at the plant ended a 17-month strike in December, returning to work despite rejecting the company's proposal for a six-year contract.
COMPANY NEWS;UNSPECIFIED AMOUNT OF STOCK TO BE BOUGHT BACK
Date: 21 March 1996
Dow Jones
Dow Jones
The BellSouth Corporation said yesterday that it planned to buy back stock, but it did not specify an amount. The board of BellSouth, the regional phone company based in Atlanta, was leaving the amount to the discretion of management, said Al Schweitzer, a BellSouth spokesman. The company said it would buy back the shares on the open market. BellSouth has more than 994 million shares outstanding, and they closed at $39 yesterday, up 50 cents, on the New York Stock Exchange.
COMPANY NEWS;CAREMARK SETTLES WITH INSURERS FOR $65.6 MILLION
Date: 20 March 1996
AP
Caremark International Inc. will spend $65.6 million to settle disputes with insurers arising from a Government fraud investigation of kickbacks that the company, a health services concern, paid physicians for patient referrals. The settlement announced yesterday "resolves good-faith business disputes" stemming from the investigation and is not an admission of wrongdoing, said C. A. Lance Piccolo, Caremark's chairman and chief executive. The money will be deducted from Caremark's 1996 first-quarter profits. It is more than three times the $21.4 million Caremark earned in the first quarter of last year. Caremark, based in Northbrook, Ill., pleaded guilty last year to Federal fraud charges and agreed to pay $161 million in civil and criminal fines.
COMPANY NEWS;LLOYD'S INVESTORS WIN A NEGLIGENCE LAWSUIT
Date: 20 March 1996
Bloomberg Business News
Bloomberg News
A group of 1,092 investors at Lloyd's of London won the main points yesterday in a negligence case against agents of the insurance market, dealing a blow to efforts by Lloyd's to settle litigation and refinance after five years of losses. The British High Court ruled that the underwriter for the Rose Thomson Young syndicate 255/258 in 1988 and 1989 acted incompetently in assessing and managing the insurance risk on these syndicates and that his incompetence was allowed by the syndicates' managing agents. The victory was the latest in a series of legal victories for Lloyd's investors. The Lloyd's market, suffering from five years of losses and facing lawsuits from 40 percent of its investors, has proposed a settlement of L2.8 billion, or $4.3 billion, and a debt relief package to end the litigation; Lloyd's investors have said that the sum must be increased to sway them from pursuing damages through the courts. Exact damages and an interim payment in yesterday's case are to be determined later.
COMPANY NEWS;MORRISON KNUDSEN TO TRIM STAKE IN McCONNELL DOWELL
Date: 20 March 1996
Bloomberg Business News
Bloomberg News
The Morrison Knudsen Corporation said yesterday that it would sell about half its stake in the McConnell Dowell Corporation of Australia for $9.3 million to Paul Y-ITC Construction Holdings Ltd., a Hong Kong construction company. Morrison Knudsen, based in Boise, Idaho, has been short of cash since it discovered in early 1995 cost overruns on transit-car projects. Morrison Knudsen, which owns 43 percent of the ordinary shares of McConnell Dowell, said it would sell 8.27 million shares, retaining a stake of about 23 percent. McConnell Dowell makes pipelines for the construction industry.
COMPANY NEWS;HOLLYWOOD PARK TO BUY BOOMTOWN, A CASINO CONCERN
Date: 21 March 1996
Bloomberg Business News
Bloomberg News
Hollywood Park Inc. agreed yesterday to buy Boomtown Inc., a casino and riverboat owner based in Verdi, Nev., for $56.2 million in stock. Hollywood Park, an owner of greyhound and thoroughbred race tracks that is based in Inglewood, Calif., said it would exchange each share of Boomtown common stock for 0.625 share of Hollywood Park stock. Based on the closing price of Hollywood Park shares on Tuesday, the agreement values Boomtown's 9.23 million shares at $6.09 each. The shares of Boomtown dropped 50 cents yesterday, to $6.25. Hollywood Park stock rose 75 cents, to $10.125. The purchase will add Boomtown's four casinos to the four race tracks and one casino that Hollywood Park owns.