21700001@unknown@formal@none@1@S@Is an American Secretary of State seriously suggesting that the Khmer Rouge should help govern Cambodia?@@@@1@16@@oe@2-2-2013 21700002@unknown@formal@none@1@S@Apparently so.@@@@1@2@@oe@2-2-2013 21700003@unknown@formal@none@1@S@There are no easy choices in Cambodia, but we can't imagine that it benefits the U.S. to become the catalyst for an all-too-familiar process that could end in another round of horror in Cambodia.@@@@1@34@@oe@2-2-2013 21700004@unknown@formal@none@1@S@Now that Vietnam appears to have pulled out its occupation army, the State Department is talking again about accepting an "interim" coalition government in the Cambodian capital of Phnom Penh.@@@@1@30@@oe@2-2-2013 21700005@unknown@formal@none@1@S@The coalition would include the current Vietnamese-backed Hun Sen regime, the two non-communist resistance groups led by Son Sann and Prince Sihanouk, and the Khmer Rouge.@@@@1@26@@oe@2-2-2013 21700006@unknown@formal@none@1@S@The aim would be to end the guerrilla war for control of Cambodia by allowing the Khmer Rouge a small share of power.@@@@1@23@@oe@2-2-2013 21700007@unknown@formal@none@1@S@The State Department says that any Khmer Rouge participation would have to be "minimal."@@@@1@14@@oe@2-2-2013 21700008@unknown@formal@none@1@S@The usual problem with including communists in "interim" coalition governments is that their ideology and methods require they squeeze out everyone else.@@@@1@22@@oe@2-2-2013 21700009@unknown@formal@none@1@S@Recall that Nicaragua's Sandinistas came into Managua as partners in a coalition government with anti-Somoza moderates.@@@@1@16@@oe@2-2-2013 21700010@unknown@formal@none@1@S@Within two years, the moderates were exiled or in prison, Nicaragua had gone communist, and the Sandinistas were building one of the biggest armies in Latin America and threatening their neighbors.@@@@1@31@@oe@2-2-2013 21700011@unknown@formal@none@1@S@In Laos, when the Western powers bowed to pressure for such a coalition it turned out they were opening the door to communist domination.@@@@1@24@@oe@2-2-2013 21700012@unknown@formal@none@1@S@Even Mao Tse-tung's China began in 1949 with a partnership between the communists and a number of smaller, non-communist parties.@@@@1@20@@oe@2-2-2013 21700013@unknown@formal@none@1@S@What complicates the scene in Cambodia is that the current regime is already communist, as are its Vietnamese overseers back in Hanoi, as are the Khmer Rouge -- who are the strongest of the three guerrilla groups.@@@@1@37@@oe@2-2-2013 21700014@unknown@formal@none@1@S@It's not clear which crew of communists might prevail in a coalition government, but the one good bet is that the non-communists would disappear.@@@@1@24@@oe@2-2-2013 21700015@unknown@formal@none@1@S@That would leave Hun Sen and the Khmer Rouge.@@@@1@9@@oe@2-2-2013 21700016@unknown@formal@none@1@S@The Hun Sen regime has sent thousands of conscript laborers to die of malaria and malnourishment while building Cambodia's equivalent of the Berlin Wall near the Thai border.@@@@1@28@@oe@2-2-2013 21700017@unknown@formal@none@1@S@The Khmer Rouge, however, carry an unsurpassed record for Cambodian tyranny.@@@@1@11@@oe@2-2-2013 21700018@unknown@formal@none@1@S@These utopians caused the deaths -- by starvation, disease or execution -- of well over one million Cambodians.@@@@1@18@@oe@2-2-2013 21700019@unknown@formal@none@1@S@The Cambodian horror was so bad that the Vietnamese occupation in 1978 was a perverse form of relief.@@@@1@18@@oe@2-2-2013 21700020@unknown@formal@none@1@S@The world might want to believe that the Khmer Rouge can't still be such bad guys, just as in the late 1970s it was reluctant to credit the reports of genocide then taking place.@@@@1@34@@oe@2-2-2013 21700021@unknown@formal@none@1@S@But there is no solid evidence that the Khmer Rouge have changed.@@@@1@12@@oe@2-2-2013 21700022@unknown@formal@none@1@S@Some of our sources in Thailand say the notorious old Khmer Rouge leader, Pol Pot, has been holed up this summer in Khmer Rouge camps near the Thai-Cambodian border.@@@@1@29@@oe@2-2-2013 21700023@unknown@formal@none@1@S@So it's difficult to swallow the notion that Mr. Baker is willing to accept conditions that would help the Khmer Rouge set up shop again in Phnom Penh.@@@@1@28@@oe@2-2-2013 21700024@unknown@formal@none@1@S@True, Prince Sihanouk backs the idea of such a coalition, at least for this week.@@@@1@15@@oe@2-2-2013 21700025@unknown@formal@none@1@S@But Prince Sihanouk has backed all sorts of ideas over the years, and done rather better by himself than by Cambodia.@@@@1@21@@oe@2-2-2013 21700026@unknown@formal@none@1@S@Nor should the U.S. worry much about offending China, which still aids the Khmer Rouge.@@@@1@15@@oe@2-2-2013 21700027@unknown@formal@none@1@S@It's time the State Department recognized that China does not play by gentlemen's rules.@@@@1@14@@oe@2-2-2013 21700028@unknown@formal@none@1@S@For the U.S. to lend even the slightest support to the most infamous killers on Indochina's bleak scene could only disturb America's allies elsewhere.@@@@1@24@@oe@2-2-2013 21700029@unknown@formal@none@1@S@It would be entirely rational for communist insurgents in countries such as the Philippines or Peru to conclude the following: Fight viciously enough and the U.S., under the banner of pragmatism, might eventually help negotiate your way to victory.@@@@1@39@@oe@2-2-2013 21700030@unknown@formal@none@1@S@U.S. diplomacy has done it before, and it will likely do it again.@@@@1@13@@oe@2-2-2013 21700031@unknown@formal@none@1@S@The administration and Congress have lately tangoed around the idea of sending military aid to Cambodia's non-communists.@@@@1@17@@oe@2-2-2013 21700032@unknown@formal@none@1@S@But now the possibility of "diplomatic movement" (Vietnam's withdrawal, the Baker initiative) has put that plan on hold, with the proviso that if the going got rough, the U.S. would then rearm the opposition.@@@@1@34@@oe@2-2-2013 21700033@unknown@formal@none@1@S@Why the timidity?@@@@1@3@@oe@2-2-2013 21700034@unknown@formal@none@1@S@At the very least, the odds are heavily weighted against the prospects of preventing the Khmer Rouge and Cambodia's communists from ultimately moving against their opponents.@@@@1@26@@oe@2-2-2013 21700035@unknown@formal@none@1@S@When that day comes, it would be particularly awful to know that the United States sat on military aid and deprived these people of the means to settle their fate with at least a little honor.@@@@1@36@@oe@2-2-2013 21701001@unknown@formal@none@1@S@Michael F. Harris, 53, was named executive vice president, North America, for the Financial Times, the business newspaper published by this company that also has interests in book publishing, fine china, oil services and investment banking.@@@@1@36@@oe@2-2-2013 21701002@unknown@formal@none@1@S@Mr. Harris had been vice president for the newspaper's advertising in New York.@@@@1@13@@oe@2-2-2013 21701003@unknown@formal@none@1@S@He takes additional responsibility for newspaper sales and distribution of the Financial Times in North America.@@@@1@16@@oe@2-2-2013 21701004@unknown@formal@none@1@S@Laurance V. Allen, 44, who had been director for North America, resigned to pursue other business interests and do some consulting.@@@@1@21@@oe@2-2-2013 21702001@unknown@formal@none@1@S@Cipher Data Products Inc. posted a net loss of $14.2 million, or 97 cents a share, for its fiscal first quarter, compared with net income of $3.8 million, or 27 cents a share, a year ago.@@@@1@36@@oe@2-2-2013 21702002@unknown@formal@none@1@S@Revenue for the quarter ended Sept. 30 fell 20%, to $41.3 million from $51.9 million in the year-earlier period.@@@@1@19@@oe@2-2-2013 21702003@unknown@formal@none@1@S@Cipher Data, a San Diego maker of magnetic tape peripherals and optical disc drives, said the loss included reserves of $3.8 million related to a corporate restructuring.@@@@1@27@@oe@2-2-2013 21702004@unknown@formal@none@1@S@The restructuring calls for a 24% reduction in its work force over the next two months, affecting about 525 jobs, Cipher Data said.@@@@1@23@@oe@2-2-2013 21702005@unknown@formal@none@1@S@It is eliminating the positions of president and chief operating officer, formerly held by Edward L. Marinaro.@@@@1@17@@oe@2-2-2013 21702006@unknown@formal@none@1@S@Cipher Data said Mr. Marinaro consequently has resigned from those posts and from the company's board.@@@@1@16@@oe@2-2-2013 21702007@unknown@formal@none@1@S@Mr. Marinaro couldn't immediately be reached for comment.@@@@1@8@@oe@2-2-2013 21703001@unknown@formal@none@1@S@FileNet Corp., Costa Mesa, Calif., said it expects to report a third-quarter loss of about $1.8 million, or 17 cents a share, because of a $2.5 million reserve to be taken against potential losses on a contract with the state of California.@@@@1@42@@oe@2-2-2013 21703002@unknown@formal@none@1@S@Revenue is estimated at $18.6 million.@@@@1@6@@oe@2-2-2013 21703003@unknown@formal@none@1@S@The maker of document image processing equipment said the state procurement division had declared FileNet in default on its contract with the secretary of state uniform commercial code division.@@@@1@29@@oe@2-2-2013 21703004@unknown@formal@none@1@S@FileNet said it doesn't believe the state has a valid basis of default and is reviewing its legal rights under the contract, but said it can't predict the outcome of the dispute.@@@@1@32@@oe@2-2-2013 21703005@unknown@formal@none@1@S@The disagreement centers on testing deadlines and other issues involving a FileNet system installed earlier this year.@@@@1@17@@oe@2-2-2013 21703006@unknown@formal@none@1@S@State officials couldn't be reached for comment late yesterday.@@@@1@9@@oe@2-2-2013 21703007@unknown@formal@none@1@S@FileNet noted that it had cash and marketable securities totaling $22.5 million on Sept. 30, and stockholders' equity is $60.1 million.@@@@1@21@@oe@2-2-2013 21703008@unknown@formal@none@1@S@The company made the announcement after the close of the markets, where its stock finished at $10.75, up 25 cents, in over-the-counter trading.@@@@1@23@@oe@2-2-2013 21704001@unknown@formal@none@1@S@Clinton Gas Systems Inc. said it received a contract from Timken Co., Canton, Ohio, to manage the natural gas purchasing, scheduling and transportation activities for Timken's seven Ohio and two Pennsylvania plants.@@@@1@32@@oe@2-2-2013 21704002@unknown@formal@none@1@S@Clinton and Timken agreed not to disclose the value of the contract.@@@@1@12@@oe@2-2-2013 21704003@unknown@formal@none@1@S@Timken, a producer of bearings and specialty steel, already buys gas from Clinton.@@@@1@13@@oe@2-2-2013 21704004@unknown@formal@none@1@S@Clinton said in Columbus, Ohio, that its Clinton Gas Marketing unit wants to line up a number of such gas management contracts.@@@@1@22@@oe@2-2-2013 21704005@unknown@formal@none@1@S@Manufacturers frequently don't have anyone who is a specialist in natural gas, Clinton said, and a specialist such as Clinton can save them substantial amounts of money.@@@@1@27@@oe@2-2-2013 21705001@unknown@formal@none@1@S@The scene opens with pinstripe-suited executives -- Easterners, obviously -- glued to cellular phones and hightailing it out of town in chauffeur-driven limousines.@@@@1@23@@oe@2-2-2013 21705002@unknown@formal@none@1@S@"The carpetbaggers," snorts the narrator with a Texas twang, "have packed their bags and went."@@@@1@15@@oe@2-2-2013 21705003@unknown@formal@none@1@S@But, he continues, "They're forgetting we're all Texans.@@@@1@8@@oe@2-2-2013 21705004@unknown@formal@none@1@S@The Lone Star is on the rise again."@@@@1@8@@oe@2-2-2013 21705005@unknown@formal@none@1@S@As the music swells, viewers discover they're watching a commercial for Lone Star Beer, the pride of Texas, a product of G. Heileman Brewing Co., a La Crosse, Wis., unit of Bond Corp.@@@@1@33@@oe@2-2-2013 21705006@unknown@formal@none@1@S@As the ad's tone implies, the Texas spirit is pretty xenophobic these days, and Lone Star isn't alone in trying to take advantage of that.@@@@1@25@@oe@2-2-2013 21705007@unknown@formal@none@1@S@From Chevy trucks to Lipton iced tea to a host of battling banks, the state has been inundated with broadcast commercials and print advertising campaigns celebrating Texans and castigating outsiders.@@@@1@30@@oe@2-2-2013 21705008@unknown@formal@none@1@S@While advertisers have long appealed to Texans' state pride and prejudices, the latest trend has been sparked, in part, by the state's recent hard economic times.@@@@1@26@@oe@2-2-2013 21705009@unknown@formal@none@1@S@That has taken some of the swagger out of natives who like to brag that Texas is the only state that was once a nation, but it has increased their legendary resentment of outsiders.@@@@1@34@@oe@2-2-2013 21705010@unknown@formal@none@1@S@In the past, writes Houston Chronicle columnist Jim Barlow, outlanders were accepted only after passing a series of tests to prove they had the "right" Texas attitudes and "of course they had to be dipped for parasites."@@@@1@37@@oe@2-2-2013 21705011@unknown@formal@none@1@S@There is no small irony in the fact that some of the most-jingoistic advertising comes courtesy of -- you guessed it -- outsiders.@@@@1@23@@oe@2-2-2013 21705012@unknown@formal@none@1@S@Lone Star's Bond Corp. parent, for instance, hails from Perth, Australia.@@@@1@11@@oe@2-2-2013 21705013@unknown@formal@none@1@S@North Carolinians, New Yorkers, Californians, Chicagoans and Ohioans own Texas banks.@@@@1@11@@oe@2-2-2013 21705014@unknown@formal@none@1@S@All kinds of landmark Texas real estate has been snapped up by out-of-staters.@@@@1@13@@oe@2-2-2013 21705015@unknown@formal@none@1@S@Even the beloved Dallas Cowboys were bought by an Arkansas oil man.@@@@1@12@@oe@2-2-2013 21705016@unknown@formal@none@1@S@"Texas has lost its distinctiveness, leaving Texans with a hunger to feel proud about themselves," says Stephen Klineberg, a sociology professor at Rice University, Houston.@@@@1@25@@oe@2-2-2013 21705017@unknown@formal@none@1@S@"This plays right into the hands of the advertising agencies."@@@@1@10@@oe@2-2-2013 21705018@unknown@formal@none@1@S@For example, the iced-tea radio campaign for Thomas J. Lipton Co., an Englewood Cliffs, N.J., unit of Anglo-Dutch Unilever Group, emphatically proclaims: "Real Texans do not wear dock-siders -- ever.@@@@1@30@@oe@2-2-2013 21705019@unknown@formal@none@1@S@Real Texans don't play paddleball, at least I hope not.@@@@1@10@@oe@2-2-2013 21705020@unknown@formal@none@1@S@This is football country.@@@@1@4@@oe@2-2-2013 21705021@unknown@formal@none@1@S@And another thing -- real Texans drink Lipton iced tea."@@@@1@10@@oe@2-2-2013 21705022@unknown@formal@none@1@S@In developing that theme at Interpublic Group of Cos.' Lintas: New York unit, account supervisor Lisa Buksbaum says she made a "couple of phone calls" to Dallas ad friends and reported her "findings" to a team of writers.@@@@1@38@@oe@2-2-2013 21705023@unknown@formal@none@1@S@Her findings?@@@@1@2@@oe@2-2-2013 21705024@unknown@formal@none@1@S@"You know," she says, "stereotypical stuff like armadillos, cowboys and football."@@@@1@11@@oe@2-2-2013 21705025@unknown@formal@none@1@S@Not exactly sophisticated market research, but who cares as long as the campaigns work.@@@@1@14@@oe@2-2-2013 21705026@unknown@formal@none@1@S@And ad agencies insist that they do.@@@@1@7@@oe@2-2-2013 21705027@unknown@formal@none@1@S@Stan Richards of Richards Group Inc., Dallas, tells of the Texan who saw the agency's tear-jerking commercial for First Gibraltar Bank F.S.B. -- complete with the state's anthem -- and promptly invested $100,000 in the thrift's CDs.@@@@1@37@@oe@2-2-2013 21705028@unknown@formal@none@1@S@Never mind that First Gibraltar is one of the failed Texas thrifts taken over by outsiders -- in this case, an investor group headed by New York financier Ronald Perelman.@@@@1@30@@oe@2-2-2013 21705029@unknown@formal@none@1@S@The North Texas Chevy Dealers recently had a record sales month after the debut of ad campaign that thumbs its nose at elite Easterners.@@@@1@24@@oe@2-2-2013 21705030@unknown@formal@none@1@S@And deposits at NCNB Texas National Bank, a unit of NCNB Corp., Charlotte, N.C., have increased $2 billion since last year after heavy advertising stressing commitment to Texas.@@@@1@28@@oe@2-2-2013 21705031@unknown@formal@none@1@S@"Obviously, pride sells in Texas," says a spokeswoman for Bozell Inc., Omaha, Neb., which represents@@@@1@15@@oe@2-2-2013 21705032@unknown@formal@none@1@S@The ad campaigns usually follow one of three tracks -- stressing the company's `Texasness,' pointing out the competition's lack thereof, or trying to be more Texan than Texans.@@@@1@28@@oe@2-2-2013 21705033@unknown@formal@none@1@S@Ford trucks may outsell Chevy trucks in places like "Connecticut and Long Island," sniffs a commercial for Chevrolet, a division of General Motors Corp.@@@@1@24@@oe@2-2-2013 21705034@unknown@formal@none@1@S@The commercial, created by Bateman, Bryan & Galles Inc., of Dallas, adds derisively: "I bet it takes a real tough truck to haul your Ivy League buddies to the yacht club."@@@@1@31@@oe@2-2-2013 21705035@unknown@formal@none@1@S@Because they want a truck that is "Texas tough," the commercial concludes, "Texans drive Chevy."@@@@1@15@@oe@2-2-2013 21705036@unknown@formal@none@1@S@J.C. Penney Co., which relocated from New York to suburban Dallas two years ago, gently wraps itself in Texas pride through a full-page magazine ad: "Taking the long-range view to conserve what is of value to future generations is part of the Lone Star lifestyle," the ad reads.@@@@1@48@@oe@2-2-2013 21705037@unknown@formal@none@1@S@"It's part of our style, too."@@@@1@6@@oe@2-2-2013 21705038@unknown@formal@none@1@S@According to several ad-agency sources, newcomers to the Texas banking market are spending a combined $50 million this year to woo Texans.@@@@1@22@@oe@2-2-2013 21705039@unknown@formal@none@1@S@Meanwhile, surviving Texas banking institutions are busily pitching themselves as the only lenders who truly care about the state.@@@@1@19@@oe@2-2-2013 21705040@unknown@formal@none@1@S@The most-strident anti-outsider sentiment among bankers comes from the Independent Bankers Association of Texas, although it's hard to tell from previews of the $5 million "The I's of Texas" TV campaign.@@@@1@31@@oe@2-2-2013 21705041@unknown@formal@none@1@S@Commercials will highlight heart-rending scenes of Texas and chest-swelling, ain't-it-great-to-be-a-Texan music.@@@@1@11@@oe@2-2-2013 21705042@unknown@formal@none@1@S@Supporting banks will sign a "Texas Declaration of Independents."@@@@1@9@@oe@2-2-2013 21705043@unknown@formal@none@1@S@But in introductory material for the campaign, the trade group urges members to "arm" for a "revolution" against big, out-of-state bank-holding companies.@@@@1@22@@oe@2-2-2013 21705044@unknown@formal@none@1@S@A video sent to association members, featuring shots of the Alamo, cowboys, fajitas and a statue of Sam Houston, doesn't mince words.@@@@1@22@@oe@2-2-2013 21705045@unknown@formal@none@1@S@"Texans can sniff a phony a mile away," the narrator warns outsiders.@@@@1@12@@oe@2-2-2013 21705046@unknown@formal@none@1@S@"So, don't come and try to con us with a howdy y'all or a cowboy hat."@@@@1@16@@oe@2-2-2013 21705047@unknown@formal@none@1@S@Young & Rubicam's Pact@@@@1@4@@oe@2-2-2013 21705048@unknown@formal@none@1@S@Young & Rubicam, fighting charges that it bribed Jamaican officials to win the Jamaica Tourist Board ad account in 1981, said it will no longer create the tourist board's advertising.@@@@1@30@@oe@2-2-2013 21705049@unknown@formal@none@1@S@In a statement, Alex Kroll, Young & Rubicam's chairman, said "under the present circumstances {we} have agreed that it is prudent to discontinue that contract."@@@@1@25@@oe@2-2-2013 21705050@unknown@formal@none@1@S@Young & Rubicam has pleaded innocent to the charges.@@@@1@9@@oe@2-2-2013 21705051@unknown@formal@none@1@S@The board wouldn't comment on its impending search for a new ad agency to handle its estimated $5 million to $6 million account.@@@@1@23@@oe@2-2-2013 21705052@unknown@formal@none@1@S@Ad Notes. . . .@@@@1@5@@oe@2-2-2013 21705053@unknown@formal@none@1@S@NEW ACCOUNT:@@@@1@2@@oe@2-2-2013 21705054@unknown@formal@none@1@S@Sunshine Biscuits Inc., Woodbridge, N.J., awarded its estimated $5 million account to Waring & LaRosa, New York.@@@@1@17@@oe@2-2-2013 21705055@unknown@formal@none@1@S@The account had been at Della Femina McNamee WCRS, New York.@@@@1@11@@oe@2-2-2013 21705056@unknown@formal@none@1@S@MEDIA POLICY:@@@@1@2@@oe@2-2-2013 21705057@unknown@formal@none@1@S@MacNamara Clapp & Klein, a small New York shop, is asking magazine ad representatives to tell it when major advertising inserts will run in their publications.@@@@1@26@@oe@2-2-2013 21705058@unknown@formal@none@1@S@It says it may pull its clients' ads from those magazines.@@@@1@11@@oe@2-2-2013 21705059@unknown@formal@none@1@S@COKE ADS:@@@@1@2@@oe@2-2-2013 21705060@unknown@formal@none@1@S@Coca-Cola Co. said it produced a new version of its 1971 "I'd like to teach the world to sing" commercial.@@@@1@20@@oe@2-2-2013 21705061@unknown@formal@none@1@S@The ad is part of Classic Coke's 1990 ad campaign, with the tag line, "Can't beat the Real Thing."@@@@1@19@@oe@2-2-2013 21705062@unknown@formal@none@1@S@Basketball star Michael Jordan and singer Randy Travis have also agreed to appear in ads.@@@@1@15@@oe@2-2-2013 21706001@unknown@formal@none@1@S@Dell Computer Corp., squeezed by price pressure from its larger competitors and delays in its new product line, said its per-share earnings for fiscal 1990 will be half its previous forecasts.@@@@1@31@@oe@2-2-2013 21706002@unknown@formal@none@1@S@Although the personal computer maker said it expects revenue to meet or exceed previous projections of $385 million for the year ending Jan. 28, 1990, earnings are expected to be 25 cents to 35 cents a share, down from previous estimates of 50 cents to 60 cents.@@@@1@47@@oe@2-2-2013 21706003@unknown@formal@none@1@S@Earnings for fiscal 1989 were $14.4 million, or 80 cents a share, on sales of $257.8 million.@@@@1@17@@oe@2-2-2013 21706004@unknown@formal@none@1@S@Results for the third quarter ending Oct. 31, are expected to be released the third week of November, according to Michael Dell, chairman and chief executive officer.@@@@1@27@@oe@2-2-2013 21706005@unknown@formal@none@1@S@Mr. Dell said he doesn't expect a loss in either the third or fourth quarter, but said third-quarter earnings could be as low as four cents a share.@@@@1@28@@oe@2-2-2013 21706006@unknown@formal@none@1@S@In the third quarter last year, Dell had net income of $5 million, or 26 cents a share, on sales of $75.2 million.@@@@1@23@@oe@2-2-2013 21706007@unknown@formal@none@1@S@Mr. Dell attributed the earnings slide to new product delays, such as a laptop scheduled for September that won't be introduced until early November.@@@@1@24@@oe@2-2-2013 21706008@unknown@formal@none@1@S@Some delays have been caused by a shortage of micoprocessors -- notably Intel Corp.'s newest chip, the 486 -- but others apparently have been caused by Dell's explosive growth and thinly stretched resources.@@@@1@33@@oe@2-2-2013 21706009@unknown@formal@none@1@S@"They've got a lot of different balls in the air at the same time," observes Jim Poyner, a computer securities analyst with Dallas-based William K. Woodruff & Co.@@@@1@28@@oe@2-2-2013 21706010@unknown@formal@none@1@S@Mr. Dell, meanwhile, concedes the company was "definitely too optimistic" in its expectations.@@@@1@13@@oe@2-2-2013 21706011@unknown@formal@none@1@S@Product delays, however, have left Dell buffeted by harsher competition in its bread-and-butter line of desktop computers, as powerhouse competitors Compaq Computer Corp. and International Business Machines Corp. price their PCs more aggressively.@@@@1@33@@oe@2-2-2013 21706012@unknown@formal@none@1@S@The result has been thinner margins, which have been further eroded by an ambitious research and development effort and rapid overseas expansion.@@@@1@22@@oe@2-2-2013 21706013@unknown@formal@none@1@S@Analyst James Weil of the Soundview Financial Group believes Dell's response has been to place increased emphasis on product quality, "in an effort to rise above some of that price pressure."@@@@1@31@@oe@2-2-2013 21706014@unknown@formal@none@1@S@But that has been the key to Compaq's success, he adds, whereas Dell carved out its market niche as a direct seller of low-cost but reliable computers -- and it might be too late in the game for a shift in strategy.@@@@1@42@@oe@2-2-2013 21706015@unknown@formal@none@1@S@In national over-the-counter trading, Dell closed yesterday at $6 a share, down 87.5 cents.@@@@1@14@@oe@2-2-2013 21707001@unknown@formal@none@1@S@TransAtlantic Holdings PLC, a British-based, South African-controlled financial services investment group, and France's Societe Centrale Union des Assurances de Paris reached an accord effectively reducing chances of an unfriendly takeover for Sun Life Assurance Society PLC.@@@@1@36@@oe@2-2-2013 21707002@unknown@formal@none@1@S@In a joint statement, the two companies, whose combined holdings equal 52.7% of Sun Life's ordinary shares, said their agreement is aimed at reducing "the uncertainty and instability for Sun Life that has resulted from two major shareholders owning" a controlling interest in the company.@@@@1@45@@oe@2-2-2013 21707003@unknown@formal@none@1@S@TransAtlantic, whose Transol Investments Ltd. unit owns the largest minority stake in Sun Life, has agreed not to make a takeover bid for the British life insurer without the prior consent of the French company, known as UAP.@@@@1@38@@oe@2-2-2013 21707004@unknown@formal@none@1@S@In return, the agreement would force UAP to buy TransAtlantic's 29.8% holding in Sun Life or sell its 22.9% stake to TransAtlantic at a price set by Transatlantic.@@@@1@28@@oe@2-2-2013 21708001@unknown@formal@none@1@S@Pride Petroleum Services Inc. said it agreed to buy well-servicing assets of two companies and expects to report higher third-quarter revenue and earnings.@@@@1@23@@oe@2-2-2013 21708002@unknown@formal@none@1@S@In the year-earlier quarter, the well-servicing contractor had net income of $319,000, or 3 cents a share, on revenue of about $15 million.@@@@1@23@@oe@2-2-2013 21708003@unknown@formal@none@1@S@Results for the earlier quarter included a $100,000 restructuring charge.@@@@1@10@@oe@2-2-2013 21708004@unknown@formal@none@1@S@Separately, the Houston concern said it signed letters of intent for the cash and stock purchases of a total of 29 well-servicing rigs from two concerns located in New Mexico and California.@@@@1@32@@oe@2-2-2013 21708005@unknown@formal@none@1@S@It didn't disclose specifics but said it expects to complete the purchases by Nov. 1.@@@@1@15@@oe@2-2-2013 21709001@unknown@formal@none@1@S@Schlumberger Ltd., New York, reported third-quarter net income edged up as growth in its oil-field services sector offset a decline in interest income.@@@@1@23@@oe@2-2-2013 21709002@unknown@formal@none@1@S@The lower interest income occurred because Schlumberger spent $1.2 billion buying back its stock last year.@@@@1@16@@oe@2-2-2013 21709003@unknown@formal@none@1@S@Net for the oil-field services and electronic measurements and systems concern rose to $114.2 million, or 48 cents a share, from $112.2 million, or 42 cents a share, a year earlier.@@@@1@31@@oe@2-2-2013 21709004@unknown@formal@none@1@S@Per-share earnings advanced 14% because of the buy-back.@@@@1@8@@oe@2-2-2013 21709005@unknown@formal@none@1@S@Revenue declined 6.3% to $1.11 billion from $1.18 billion.@@@@1@9@@oe@2-2-2013 21709006@unknown@formal@none@1@S@But excluding businesses acquired or sold, revenue was flat at about $1.24 billion.@@@@1@13@@oe@2-2-2013 21709007@unknown@formal@none@1@S@Nine-month net fell 9.5% to $323.4 million, or $1.36 a share, from $357.2 million, or $1.32 a share, a year earlier.@@@@1@21@@oe@2-2-2013 21709008@unknown@formal@none@1@S@Revenue dropped 5.4% to $3.48 billion from $3.68 billion.@@@@1@9@@oe@2-2-2013 21709009@unknown@formal@none@1@S@This year's nine-month results include gains of $13 million, or five cents a share, from the sale of Schlumberger's defense systems business, and $22 million, or nine cents a share, from an award by the IranU.S. Claims Tribunal.@@@@1@38@@oe@2-2-2013 21709010@unknown@formal@none@1@S@The year-earlier nine months include a gain of $35 million, or 13 cents a share, from sale of the company's Electricity Control & Transformers division.@@@@1@25@@oe@2-2-2013 21710001@unknown@formal@none@1@S@NEW ENGLAND CRITICAL CARE Inc. offered $35 million in convertible subordinated debentures through Morgan Stanley & Co. and Prudential-Bache Capital Funding.@@@@1@21@@oe@2-2-2013 21710002@unknown@formal@none@1@S@The debentures, due in 2014, have a coupon of 7 3/4%, payable semiannually.@@@@1@13@@oe@2-2-2013 21710003@unknown@formal@none@1@S@The debentures may be converted into common stock of the Westborough, Mass., home health care concern at $52.50 a share.@@@@1@20@@oe@2-2-2013 21710004@unknown@formal@none@1@S@Proceeds will be used for working capital and general corporate purposes, including expansion of the company's operations.@@@@1@17@@oe@2-2-2013 21711001@unknown@formal@none@1@S@The French building group Dumez S.A. said profit jumped 70% in the first half of 1989, partly on the strength of nonrecurring gains from a share issue by its Canadian unit.@@@@1@31@@oe@2-2-2013 21711002@unknown@formal@none@1@S@Dumez said group profit after payments to minority interests rose to 252 million francs ($40.1 million) from 148 million a year earlier.@@@@1@22@@oe@2-2-2013 21711003@unknown@formal@none@1@S@Revenue rose 40% to 13.32 billion francs from 9.53 billion.@@@@1@10@@oe@2-2-2013 21711004@unknown@formal@none@1@S@The group noted that 75 million francs of the advance reflected a one-time gain from the June offering by its United Westburne unit in Canada.@@@@1@25@@oe@2-2-2013 21711005@unknown@formal@none@1@S@It didn't say if its year-earlier results were influenced significantly by nonrecurring elements.@@@@1@13@@oe@2-2-2013 21711006@unknown@formal@none@1@S@For all of 1988, Dumez had group profit of 452 million francs after payment to minority interests.@@@@1@17@@oe@2-2-2013 21711007@unknown@formal@none@1@S@Revenue was 21.98 billion francs.@@@@1@5@@oe@2-2-2013 21711008@unknown@formal@none@1@S@The group hasn't forecast full-year earnings for 1989, although it said that its first-half results aren't a good indication because of one-time elements and the seasonal nature of its operations.@@@@1@30@@oe@2-2-2013 21712001@unknown@formal@none@1@S@Tuesday's earthquake will depress local real-estate values in the short term and force companies to reconsider expanding in or relocating to the Bay Area and California, real-estate and relocation specialists said.@@@@1@31@@oe@2-2-2013 21712002@unknown@formal@none@1@S@Few specialists said they expect the quake to have much of an effect on most California property values.@@@@1@18@@oe@2-2-2013 21712003@unknown@formal@none@1@S@But real-estate experts and brokers said the quake undoubtedly will drag down prices in neighborhoods built on less stable ground, especially in the Bay Area.@@@@1@25@@oe@2-2-2013 21712004@unknown@formal@none@1@S@"California prices were already coming down.@@@@1@6@@oe@2-2-2013 21712005@unknown@formal@none@1@S@This isn't going to help," said Kenneth T. Rosen, chairman of the Center for Real Estate and Urban Economics at the University of California at Berkeley.@@@@1@26@@oe@2-2-2013 21712006@unknown@formal@none@1@S@State housing prices, at a median $201,028, have declined in recent months because of potential buyers' inability to afford homes.@@@@1@20@@oe@2-2-2013 21712007@unknown@formal@none@1@S@Mr. Rosen, among others, suggested that the quake, the strongest since the 1906 temblor that struck San Francisco, will in the short term create a two-tier price system for quake-prone communities, with dwellings built on sturdy ground likely to demand higher prices.@@@@1@42@@oe@2-2-2013 21712008@unknown@formal@none@1@S@One San Francisco neighborhood likely to test Mr. Rosen's theory soon is the city's fashionable Marina district, which boasts some of the highest home prices in the state.@@@@1@28@@oe@2-2-2013 21712009@unknown@formal@none@1@S@The district, built on landfill, suffered heavy quake damage, including collapsed buildings.@@@@1@12@@oe@2-2-2013 21712010@unknown@formal@none@1@S@Yesterday, the city demolished two dwellings in the district because of severe structural damage and said as many as 19 of the district's 350 dwellings might have to be razed.@@@@1@30@@oe@2-2-2013 21712011@unknown@formal@none@1@S@Brokers agreed with the two-tier price theory.@@@@1@7@@oe@2-2-2013 21712012@unknown@formal@none@1@S@"My gut feeling is that the Marina properties will be affected," said Grace Perkins, senior vice president at Grubb & Ellis Residential Brokerage Inc.@@@@1@24@@oe@2-2-2013 21712013@unknown@formal@none@1@S@Neither she nor other real-estate executives and brokers could project how much less Marina properties might bring, but she said the two-tier price structure would affect prices "for a while."@@@@1@30@@oe@2-2-2013 21712014@unknown@formal@none@1@S@Mr. Rosen said the quake will revive consumer interest in a little-publicized 1972 state law that requires brokers to disclose to potential buyers how close a property sits to a fault line.@@@@1@32@@oe@2-2-2013 21712015@unknown@formal@none@1@S@Because of the size of the California market, few relocation specialists expect a widespread corporate flight in the quake's aftermath.@@@@1@20@@oe@2-2-2013 21712016@unknown@formal@none@1@S@But they said the quake will force some companies to relocate or expand part or all of their operations outside the state.@@@@1@22@@oe@2-2-2013 21712017@unknown@formal@none@1@S@"What you're going to get is 'We don't want to put all of our eggs in one basket' theory," said James H. Renzas, president of Location Management Services Inc., a Palo Alto, Calif., relocation concern.@@@@1@35@@oe@2-2-2013 21712018@unknown@formal@none@1@S@Mr. Renzas, among others, said the quake will prod companies in certain industries, like semiconductors, computers and aerospace, to consider moving operations that involve particularly sensitive machinery to locations outside California.@@@@1@31@@oe@2-2-2013 21712019@unknown@formal@none@1@S@Because of the quake threat, "some firms have evaluated what the cost is to shore up their buildings and compared it with the cost of building it elswehere," he said.@@@@1@30@@oe@2-2-2013 21712020@unknown@formal@none@1@S@One Southern California aerospace firm, for example, two months ago asked Location Management to compare the costs of reinforcing its current building against earthquakes with the cost of building a new structure elsewhere.@@@@1@33@@oe@2-2-2013 21712021@unknown@formal@none@1@S@A new dwelling would cost $21 million, Location Management found, compared with $22 million to make the present building earthquake-proof.@@@@1@20@@oe@2-2-2013 21712022@unknown@formal@none@1@S@The company, Mr. Renzas said, hasn't yet determined what to do.@@@@1@11@@oe@2-2-2013 21713001@unknown@formal@none@1@S@NATIONWIDE HEALTH PROPERTIES, Pasadena, Calif., said it wouldn't pay its fourth-quarter dividend, despite a 44% increase in third-quarter earnings, to $3.5 million, or 42 cents a share.@@@@1@27@@oe@2-2-2013 21713002@unknown@formal@none@1@S@Net income included a gain of $708,000 on asset sales, the real estate investment trust said.@@@@1@16@@oe@2-2-2013 21713003@unknown@formal@none@1@S@A year earlier, Nationwide Health earned $2.4 million, or 29 cents a share.@@@@1@13@@oe@2-2-2013 21713004@unknown@formal@none@1@S@Revenue rose 3% to $9 million from $8.8 million.@@@@1@9@@oe@2-2-2013 21713005@unknown@formal@none@1@S@Nationwide Health said that although it has the cash to cover the 25-cent-a-share dividend, its banks have denied the company's request to pay it because the trust hasn't met certain terms.@@@@1@31@@oe@2-2-2013 21713006@unknown@formal@none@1@S@Nationwide Health said it has "numerous financing activities" under way to remedy the problem and will make up the dividend payment later if possible.@@@@1@24@@oe@2-2-2013 21714001@unknown@formal@none@1@S@Aussedat Rey S.A., a French paper producer, said it concluded an agreement with Japan's Fuji Photo Film Co. that will allow Aussedat Rey to manufacture and sell thermal paper using Fuji technology.@@@@1@32@@oe@2-2-2013 21714002@unknown@formal@none@1@S@Aussedat Rey is a leading French maker of copying and electronic printing paper.@@@@1@13@@oe@2-2-2013 21714003@unknown@formal@none@1@S@Thermal paper is used in facsimile machines.@@@@1@7@@oe@2-2-2013 21714004@unknown@formal@none@1@S@Terms of the agreement weren't disclosed.@@@@1@6@@oe@2-2-2013 21714005@unknown@formal@none@1@S@Aussedat Rey's move follows similar technology-licensing agreements between Japanese producers of thermal paper and European paper groups.@@@@1@17@@oe@2-2-2013 21715001@unknown@formal@none@1@S@W.R. Grace & Co., New York, said its earnings for the third quarter nearly doubled as a result of a $114.4 million pre-tax gain from restructuring its energy operations and other adjustments.@@@@1@32@@oe@2-2-2013 21715002@unknown@formal@none@1@S@Net income rose to $97.9 million, or $1.15 a share, from $50.5 million, or 60 cents a share, a year earlier.@@@@1@21@@oe@2-2-2013 21715003@unknown@formal@none@1@S@Sales increased 7% to $1.49 billion from $1.39 billion.@@@@1@9@@oe@2-2-2013 21715004@unknown@formal@none@1@S@The gain resulted from the sale of Grace Equipment Co., the initial public offering of a one-sixth interest in Grace Energy Corp. and an adjustment in the carrying value of certain natural resource assets not part of Grace Energy.@@@@1@39@@oe@2-2-2013 21715005@unknown@formal@none@1@S@The international specialty chemical company's earnings were hurt by an accrual for stock-appreciation rights that reflected a 19% increase in the stock price, and higher interest expenses.@@@@1@27@@oe@2-2-2013 21716001@unknown@formal@none@1@S@Anglo American Corp. of South Africa Ltd. said the third-quarter combined profit of its six gold mines dropped 8.5% from the previous quarter.@@@@1@23@@oe@2-2-2013 21716002@unknown@formal@none@1@S@Total net income fell to 471.6 million rand ($178.0 million) from 515.4 million rand in the June quarter.@@@@1@18@@oe@2-2-2013 21716003@unknown@formal@none@1@S@Total gold production by all six mines rose 4% to 63,971 kilograms from 61,493 kilograms in the previous quarter.@@@@1@19@@oe@2-2-2013 21717001@unknown@formal@none@1@S@Doman Industries Ltd. said it increased its stake in Western Forest Products Ltd. to 56% from 22%, through a two-step transaction valued at 137 million Canadian dollars ($US116.7 million).@@@@1@29@@oe@2-2-2013 21717002@unknown@formal@none@1@S@Doman is based in Duncan, British Columbia.@@@@1@7@@oe@2-2-2013 21717003@unknown@formal@none@1@S@The company, founded and controlled by Harbanse Doman, its chairman and president, said the purchase would make it Canada's 10th largest forest products company.@@@@1@24@@oe@2-2-2013 21717004@unknown@formal@none@1@S@Under terms of the transaction, which was proposed in June, Doman said it acquired International Forest Products Ltd.'s 22% stake in Western Forest, and Western Forest, in a related transaction, bought back a 22% interest in the company from Fletcher Challenge Canada Ltd.@@@@1@43@@oe@2-2-2013 21717005@unknown@formal@none@1@S@The Fletcher Challenge Canada stake was then canceled, Doman said, raising Doman's interest in Western Forest to 56%.@@@@1@18@@oe@2-2-2013 21717006@unknown@formal@none@1@S@Doman said it was also granted an option to acquire the remaining 44% interest in Western Forest, which is currently held by two Canadian banks.@@@@1@25@@oe@2-2-2013 21717007@unknown@formal@none@1@S@International Forest, Western Forest, and Fletcher Challenge Canada are Vancouver-based forest products concerns.@@@@1@13@@oe@2-2-2013 21718001@unknown@formal@none@1@S@The Canadian government introduced in the House of Commons legislation to extend federal regulatory authority over provincial government-owned telephone utilities in Alberta, Saskatchewan and Manitoba.@@@@1@25@@oe@2-2-2013 21718002@unknown@formal@none@1@S@The legislation would open the way for more telephone services and more competition in the telephone business in the three provinces, federal officials said.@@@@1@24@@oe@2-2-2013 21718003@unknown@formal@none@1@S@The federal government initiative follows a recent Canadian Supreme Court decision that held that the major telephone companies in Alberta, Saskatchewan and Manitoba and in the Atlantic coast provinces were interprovincial undertakings and subject to federal legislative authority.@@@@1@38@@oe@2-2-2013 21718004@unknown@formal@none@1@S@Prior to the ruling the federal government had regulated only the telephone companies in Quebec, Ontario, British Columbia and the Northwest Territories.@@@@1@22@@oe@2-2-2013 21718005@unknown@formal@none@1@S@The governments of Alberta, Saskatchewan and Manitoba have strongly opposed federal regulation of their telephone companies.@@@@1@16@@oe@2-2-2013 21718006@unknown@formal@none@1@S@The extension of federal regulatory authority over telephone utilities in the Atlantic provinces hasn't required special legislation because they are investor-owned.@@@@1@21@@oe@2-2-2013 21719001@unknown@formal@none@1@S@Amdura Corp. said its bank group, led by Chicago-based Continental Bank, agreed to extend its $40 million bridge loan until March 31, 1990, and gave it a new $30 million credit line.@@@@1@32@@oe@2-2-2013 21719002@unknown@formal@none@1@S@Under terms of the loan agreement, Amdura said it will omit the next quarterly dividends on its Series A, B, C and D preferred shares, which are due Nov. 15.@@@@1@30@@oe@2-2-2013 21719003@unknown@formal@none@1@S@Since the preferred stock is cumulative, Amdura said it will pay all omitted dividends, which range from $1.19 to $4.88 a share, when debt-reduction requirements have been met.@@@@1@28@@oe@2-2-2013 21719004@unknown@formal@none@1@S@Amdura's bridge loan, part of the financing for Amdura's acquisition of CoastAmerica in December 1988, was to come due next Friday.@@@@1@21@@oe@2-2-2013 21719005@unknown@formal@none@1@S@The company's new management, which took control of Amdura's board after a consent solicitation last month, wanted to extend the loan while it tries to sell two units.@@@@1@28@@oe@2-2-2013 21719006@unknown@formal@none@1@S@Proceeds from those sales will be used to reduce debt.@@@@1@10@@oe@2-2-2013 21719007@unknown@formal@none@1@S@Amdura, a Denver hardware and automotive distributor, said the new credit agreement will provide the working capital needed to meet ongoing requirements.@@@@1@22@@oe@2-2-2013 21720001@unknown@formal@none@1@S@Three savings-and-loan institutions in Kansas and Texas were added to the Resolution Trust Corp.'s conservatorship program after federal regulators declared the thrifts insolvent and named the RTC their receiver.@@@@1@29@@oe@2-2-2013 21720002@unknown@formal@none@1@S@The deposits, assets and certain liabilities of the three thrifts were transferred to newly chartered federal mutual institutions.@@@@1@18@@oe@2-2-2013 21720003@unknown@formal@none@1@S@The three institutions are: Mid Kansas Federal Savings & Loan Association, Wichita, which had $830.5 million in assets; Valley Federal Savings & Loan Association of McAllen, McAllen, Texas, with $582.6 million in assets; and Surety Savings Association, El Paso, with $309.3 million in assets.@@@@1@44@@oe@2-2-2013 21720004@unknown@formal@none@1@S@The three insolvent thrifts will maintain normal business hours and operations under RTC-appointed managing agents, while the RTC tries to negotiate permanent resolutions.@@@@1@23@@oe@2-2-2013 21720005@unknown@formal@none@1@S@Separately, Century Bank, Phoenix, Ariz., was closed by Arizona banking officials.@@@@1@11@@oe@2-2-2013 21720006@unknown@formal@none@1@S@The Federal Deposit Insurance Corp. approved the assumption of Century's deposits and fully secured liabilities by a newly chartered subsidiary of Valley Capital Corp., Las Vegas.@@@@1@26@@oe@2-2-2013 21720007@unknown@formal@none@1@S@The new institution is also called Century Bank, and the failed bank's five offices will reopen today.@@@@1@17@@oe@2-2-2013 21720008@unknown@formal@none@1@S@The failed bank had assets of about $129.6 million.@@@@1@9@@oe@2-2-2013 21720009@unknown@formal@none@1@S@The newly chartered bank will assume about $125.7 million in 10,300 deposit accounts and pay the FDIC a purchase premium of $2.9 million.@@@@1@23@@oe@2-2-2013 21720010@unknown@formal@none@1@S@It also will buy about $91.7 million of assets, and the FDIC will advance $31.8 million to the assuming bank.@@@@1@20@@oe@2-2-2013 21721001@unknown@formal@none@1@S@Lonrho PLC of Britain is to come to the rescue of the French distribution group Societe Commerciale de l'Ouest Africaine in an operation that has been engineered with the Paribas financial group, Societe Commerciale's main shareholder.@@@@1@36@@oe@2-2-2013 21721002@unknown@formal@none@1@S@The announcement came as Societe Commerciale, a trading company with activities in more than 40 countries, reported a loss of 320.5 million francs ($51 million) for the first six months of this year, partly because of provisions on future losses.@@@@1@40@@oe@2-2-2013 21721003@unknown@formal@none@1@S@The rescue operation will consist of a capital boost for Societe Commerciale of one billion francs through issues of new shares and convertible bonds.@@@@1@24@@oe@2-2-2013 21721004@unknown@formal@none@1@S@Cie. Financiere de Paribas said it intends to transfer its 30% shareholding in Societe Commerciale to a new company which will be jointly owned with Lonrho.@@@@1@26@@oe@2-2-2013 21721005@unknown@formal@none@1@S@This will give Paribas and Lonrho joint control of Societe Commerciale.@@@@1@11@@oe@2-2-2013 21721006@unknown@formal@none@1@S@Paribas said Lonrho will participate in the forthcoming capital boost for Societe Commerciale.@@@@1@13@@oe@2-2-2013 21722001@unknown@formal@none@1@S@International Business Machines Corp. and MCA Inc. said they agreed to sell their Discovision Associates joint venture to U.S. units of Pioneer Electronic Corp. for $200 million.@@@@1@27@@oe@2-2-2013 21722002@unknown@formal@none@1@S@The joint venture licenses a portfolio of about 1,400 patents and patent applications relating to optical-disk recording technology.@@@@1@18@@oe@2-2-2013 21722003@unknown@formal@none@1@S@IBM and MCA formed Discovision in 1979 to make laser-read optical products.@@@@1@12@@oe@2-2-2013 21722004@unknown@formal@none@1@S@But the partners didn't believe the market for the systems was developing as rapidly as they had hoped.@@@@1@18@@oe@2-2-2013 21722005@unknown@formal@none@1@S@After reportedly investing $100 million in the business, Discovision ceased manufacturing operations in 1982 and sold many of its assets to Tokyo-based Pioneer, among others.@@@@1@25@@oe@2-2-2013 21722006@unknown@formal@none@1@S@Discovision now has world-wide license agreements with major manufacturers covering CD audio disks, audio disk players, videodisks and videodisk players.@@@@1@20@@oe@2-2-2013 21722007@unknown@formal@none@1@S@It also licenses optically based data storage and retrieval devices.@@@@1@10@@oe@2-2-2013 21722008@unknown@formal@none@1@S@James N. Fiedler, president of Discovision and a vice president of MCA, said that IBM and MCA hadn't planned to sell the joint venture, which is now profitable, but that Pioneer approached Discovision earlier this year.@@@@1@36@@oe@2-2-2013 21722009@unknown@formal@none@1@S@He said it isn't certain whether Discovision's current management will remain when Pioneer buys the company.@@@@1@16@@oe@2-2-2013 21722010@unknown@formal@none@1@S@The agreement is contingent on certain government approvals and should be completed later this year.@@@@1@15@@oe@2-2-2013 21723001@unknown@formal@none@1@S@Tokyo stocks closed higher in moderately active but directionless trading as the recent anxiety in world stock markets continued to fade.@@@@1@21@@oe@2-2-2013 21723002@unknown@formal@none@1@S@London shares also closed firmer in thin trading driven largely by technical factors and support from a new Wall Street rally.@@@@1@21@@oe@2-2-2013 21723003@unknown@formal@none@1@S@Prices also rose on almost every other major exchange in Europe, Asia and the Pacific.@@@@1@15@@oe@2-2-2013 21723004@unknown@formal@none@1@S@Tokyo's Nikkei index of 225 issues, which gained 111.48 points Wednesday, climbed 266.66, or 0.76%, to 35374.22.@@@@1@17@@oe@2-2-2013 21723005@unknown@formal@none@1@S@Volume on the first section was estimated at 800 million shares, compared with 841 million Wednesday.@@@@1@16@@oe@2-2-2013 21723006@unknown@formal@none@1@S@Winners outnumbered losers 645-293, with 186 issues unchanged.@@@@1@8@@oe@2-2-2013 21723007@unknown@formal@none@1@S@In early trading in Tokyo Friday, the Nikkei index rose 170.65 points, to 35544.87.@@@@1@14@@oe@2-2-2013 21723008@unknown@formal@none@1@S@On Thursday, the Tokyo Stock Price Index of all issues listed in the first section, which gained 0.24 point Wednesday, was up 22.78, or 0.86%, at 2665.66.@@@@1@27@@oe@2-2-2013 21723009@unknown@formal@none@1@S@The morning session was dominated by individuals and dealers, but some institutions participated in the afternoon, encouraged by the market's firmness, traders said.@@@@1@23@@oe@2-2-2013 21723010@unknown@formal@none@1@S@Sentiment was helped by the small gain made by New York stocks Wednesday despite anxiety over possible effects of the major earthquake that struck northern California Tuesday.@@@@1@27@@oe@2-2-2013 21723011@unknown@formal@none@1@S@Having survived both last Friday's 6.9% Wall Street plunge and the immediate aftermath of the San Francisco Bay area earthquake, Tokyo market participants expressed relief that trading had returned to normal.@@@@1@31@@oe@2-2-2013 21723012@unknown@formal@none@1@S@Hiroyuki Murai, general manager of the stock trading division at Nikko Securities, said that after looking at the reasons for Friday's Wall Street plunge, participants realized that the Tokyo and New York markets have different economic fundamentals.@@@@1@37@@oe@2-2-2013 21723013@unknown@formal@none@1@S@This conclusion, he said, restored the credibility of Tokyo stocks.@@@@1@10@@oe@2-2-2013 21723014@unknown@formal@none@1@S@Yoshiaki Mitsuoka, head of the investment information department at Daiwa Investment Trust & Management, said that if New York stocks just fluctuate in or near their current range, the Tokyo market will remain firm with a moderately upward trend for the rest of the year.@@@@1@45@@oe@2-2-2013 21723015@unknown@formal@none@1@S@But traders said the market lacks a base on which to set long-term buying strategy, as the future direction of U.S. interest rates remains unclear.@@@@1@25@@oe@2-2-2013 21723016@unknown@formal@none@1@S@"Investor interest switches back and forth ceaselessly as they are unable to shift their weight to one side for sure," Mr. Mitsuoka of Daiwa Investment Trust said.@@@@1@27@@oe@2-2-2013 21723017@unknown@formal@none@1@S@Many of Wednesday's winners were losers yesterday as investors quickly took profits and rotated their buying to other issues, traders said.@@@@1@21@@oe@2-2-2013 21723018@unknown@formal@none@1@S@Pharmaceuticals made across-the-board advances.@@@@1@4@@oe@2-2-2013 21723019@unknown@formal@none@1@S@Fujisawa Pharmaceutical gained 130 to 1,930 yen ($13.64) a share, Mochida Pharmaceutical was up 150 at 4,170, and Eisai advanced 60 to 2,360.@@@@1@23@@oe@2-2-2013 21723020@unknown@formal@none@1@S@Housing issues were boosted by a report that Daiwa House expects to post 43% higher earnings for its latest fiscal year, traders said.@@@@1@23@@oe@2-2-2013 21723021@unknown@formal@none@1@S@Daiwa House advanced 100 to 2,610, Misawa Homes was up 60 at 2,940, and Sekisui House gained 100 to 2,490.@@@@1@20@@oe@2-2-2013 21723022@unknown@formal@none@1@S@Leading construction companies also attracted interest for their strong earnings outlooks, traders said.@@@@1@13@@oe@2-2-2013 21723023@unknown@formal@none@1@S@They and many other major Japanese corporations will issue results soon for the fiscal first half ended Sept. 30.@@@@1@19@@oe@2-2-2013 21723024@unknown@formal@none@1@S@Ohbayashi was up 60 to close at 1,680, Shimizu gained 50 to 2,120, and Kumagai-Gumi advanced 40 to 1,490.@@@@1@19@@oe@2-2-2013 21723025@unknown@formal@none@1@S@Other winners included real estate issues Mitsubishi Estate, which closed at 2,500, up 130, and Mitsui Real Estate Development, which gained 100 to 2,890.@@@@1@24@@oe@2-2-2013 21723026@unknown@formal@none@1@S@Steel shares fell back after advancing for three days.@@@@1@9@@oe@2-2-2013 21723027@unknown@formal@none@1@S@Kawasaki Steel was down 11 at 788, Kobe Steel lost 5 to 723, and Nippon Steel slipped 6 to 729.@@@@1@20@@oe@2-2-2013 21723028@unknown@formal@none@1@S@Mitsubishi Rayon, a leading advancer Wednesday, fell 44 to 861 as investors grabbed profits.@@@@1@14@@oe@2-2-2013 21723029@unknown@formal@none@1@S@London's Financial Times-Stock Exchange 100-share index finished 19.2 points higher at 2189.3.@@@@1@12@@oe@2-2-2013 21723030@unknown@formal@none@1@S@The Financial Times 30-share index ended 13.6 higher at 1772.1.@@@@1@10@@oe@2-2-2013 21723031@unknown@formal@none@1@S@Volume continued to ease from the active dealings at the start of the week.@@@@1@14@@oe@2-2-2013 21723032@unknown@formal@none@1@S@Turnover was 382.9 million shares, compared with 449.3 million Wednesday.@@@@1@10@@oe@2-2-2013 21723033@unknown@formal@none@1@S@Dealers said the market was underpinned by a squeeze in FT-SE 100 stocks, particularly among market-makers seeking shares that had been hit hard in recent weeks, such as retailers and building-related concerns.@@@@1@32@@oe@2-2-2013 21723034@unknown@formal@none@1@S@But despite the flurry of interest in those shares, dealers said, the market remains nervous about Wall Street's volatility and high U.K. interest rates.@@@@1@24@@oe@2-2-2013 21723035@unknown@formal@none@1@S@U.K. money supply figures for September, released yesterday, showed continued growth in corporate and personal lending, which will keep pressure on the government to maintain tight credit.@@@@1@27@@oe@2-2-2013 21723036@unknown@formal@none@1@S@Among the stocks featured in the market-makers' squeeze was Sears, which closed at 107 pence ($1.70) a share, up 3.@@@@1@20@@oe@2-2-2013 21723037@unknown@formal@none@1@S@General Universal Stores, another top-tier stock hit recently by concerns over retail demand in the face of high interest rates, gained 20 to #10.44.@@@@1@24@@oe@2-2-2013 21723038@unknown@formal@none@1@S@Storehouse gained 2 to@@@@1@4@@oe@2-2-2013 21723039@unknown@formal@none@1@S@Another active FT-SE 100 stock was clothing and furniture retailer Burton, which gained 6 to 196.@@@@1@16@@oe@2-2-2013 21723040@unknown@formal@none@1@S@Insurers recovered ground again on market-maker demand and speculative buying linked to talk of mergers in the industry before the European Community's planned market unification in@@@@1@26@@oe@2-2-2013 21723041@unknown@formal@none@1@S@Royal Insurance was the sector's hottest issue, ending 15 higher at 465.@@@@1@12@@oe@2-2-2013 21723042@unknown@formal@none@1@S@Sun Alliance fell 1 to close at 289, and General Accident jumped 10 to #10.13.@@@@1@15@@oe@2-2-2013 21723043@unknown@formal@none@1@S@B.A.T Industries surged in afternoon dealings after its shareholders approved a plan to dispose of its U.S. and U.K. retailing operations to fend off Hoylake Investment's #13.4 billion ($21.33 billion) hostile bid.@@@@1@32@@oe@2-2-2013 21723044@unknown@formal@none@1@S@With the company also exercising a plan to buy back as many as 10% of its shares outstanding, B.A.T closed at 783, up 27.@@@@1@24@@oe@2-2-2013 21723045@unknown@formal@none@1@S@Turnover was 6.8 million shares, including about four million shares traded in the afternoon after the shareholders' meeting.@@@@1@18@@oe@2-2-2013 21723046@unknown@formal@none@1@S@B.A.T said it purchased 2.5 million shares at 785.@@@@1@9@@oe@2-2-2013 21723047@unknown@formal@none@1@S@In other European markets, shares closed sharply higher in Stockholm, Frankfurt, Zurich and Paris and higher in Milan, Amsterdam and Brussels.@@@@1@21@@oe@2-2-2013 21723048@unknown@formal@none@1@S@South African gold stocks closed firmer.@@@@1@6@@oe@2-2-2013 21723049@unknown@formal@none@1@S@Prices also closed higher in Singapore, Sydney, Taipei, Wellington, Hong Kong and Manila but were lower in Seoul.@@@@1@18@@oe@2-2-2013 21723050@unknown@formal@none@1@S@Here are price trends on the world's major stock markets, as calculated by Morgan Stanley Capital International Perspective, Geneva.@@@@1@19@@oe@2-2-2013 21723051@unknown@formal@none@1@S@To make them directly comparable, each index is based on the close of 1969 equaling 100.@@@@1@16@@oe@2-2-2013 21723052@unknown@formal@none@1@S@The percentage change is since year-end.@@@@1@6@@oe@2-2-2013 21724001@unknown@formal@none@1@S@The federal response to California's earthquake crisis was marred by coast-to-coast name-calling between the White House and San Francisco's Mayor Art Agnos.@@@@1@22@@oe@2-2-2013 21724002@unknown@formal@none@1@S@Mr. Agnos complained that he was "ticked off" that Vice President Dan Quayle, who toured the earthquake site Wednesday, didn't schedule a private meeting with him.@@@@1@26@@oe@2-2-2013 21724003@unknown@formal@none@1@S@The mayor said the Quayle visit was "a publicity stunt."@@@@1@10@@oe@2-2-2013 21724004@unknown@formal@none@1@S@The White House said Mr. Quayle's staff had invited the mayor to two meetings of the vice president and groups of local officials and had offered to dispatch a helicopter to pick him up.@@@@1@34@@oe@2-2-2013 21724005@unknown@formal@none@1@S@Mr. Agnos declined the invitations, the White House said.@@@@1@9@@oe@2-2-2013 21724006@unknown@formal@none@1@S@Marlin Fitzwater, White House press secretary, also asserted that Mr. Agnos had failed to return telephone calls from John Sununu, White House chief of staff.@@@@1@25@@oe@2-2-2013 21724007@unknown@formal@none@1@S@"We regret very much that the mayor of San Francisco has decided not to cooperate with us on this matter in making sure that there is adequate federal support for the disaster in his city," Mr. Fitzwater said.@@@@1@38@@oe@2-2-2013 21724008@unknown@formal@none@1@S@By late yesterday, both sides appeared prepared to bury the hatchet.@@@@1@11@@oe@2-2-2013 21724009@unknown@formal@none@1@S@The White House announced that Mr. Agnos, along with the mayors of Oakland and Alameda, are to accompany President Bush on a tour of the earthquake area today.@@@@1@28@@oe@2-2-2013 21724010@unknown@formal@none@1@S@And one White House official reported that Mr. Agnos had been "very helpful" in making arrangements for Mr. Bush's hastily scheduled trip to California.@@@@1@24@@oe@2-2-2013 21725001@unknown@formal@none@1@S@Gold and silver broker Preston Semel asked a federal court to halt the Commodity Exchange from imposing a record $550,000 fine on his firm.@@@@1@24@@oe@2-2-2013 21725002@unknown@formal@none@1@S@The suit, filed in federal court in Manhattan, also asks that the Comex's nine-month suspension of Mr. Semel be lifted, pending the broker's appeal of the disciplinary measures.@@@@1@28@@oe@2-2-2013 21725003@unknown@formal@none@1@S@The fine and suspension, announced in August, are the stiffest sanctions the Comex has ever ordered against one of its members.@@@@1@21@@oe@2-2-2013 21725004@unknown@formal@none@1@S@The Comex accused the 39-year-old Mr. Semel of "fraudulent conduct" and improper trading.@@@@1@13@@oe@2-2-2013 21725005@unknown@formal@none@1@S@The disciplinary proceedings stem from trading in April 1987.@@@@1@9@@oe@2-2-2013 21725006@unknown@formal@none@1@S@Mr. Semel and his firm, Semel & Co., have appealed the Comex decision and the sanctions to the Commodity Futures Trading Commission.@@@@1@22@@oe@2-2-2013 21725007@unknown@formal@none@1@S@The commission denied Mr. Semel's request that the fine and suspension be delayed pending the appeal.@@@@1@16@@oe@2-2-2013 21725008@unknown@formal@none@1@S@The lawsuit states that unless the sanctions are halted pending an appeal, the broker and his firm "will be irreparably injured and their business will be totally and permanently destroyed."@@@@1@30@@oe@2-2-2013 21725009@unknown@formal@none@1@S@Already the firm has paid $211,666 of the fine, the suit said, and it will have to liquidate additional assets in order to pay the rest.@@@@1@26@@oe@2-2-2013 21725010@unknown@formal@none@1@S@A spokesman for the Comex couldn't be reached to comment.@@@@1@10@@oe@2-2-2013 21726001@unknown@formal@none@1@S@The Federal National Mortgage Association said 39 lenders across the U.S. have agreed to offer home loans under Fannie Mae's pilot program for elderly people.@@@@1@25@@oe@2-2-2013 21726002@unknown@formal@none@1@S@Fannie Mae, a federally chartered and shareholder-owned company, said the lenders include Prudential Home Mortgage Co., a unit of Prudential Insurance Co. of America that operates in every state.@@@@1@29@@oe@2-2-2013 21726003@unknown@formal@none@1@S@Prudential Insurance is based in Newark, N.J.@@@@1@7@@oe@2-2-2013 21726004@unknown@formal@none@1@S@Fannie Mae has agreed to buy as much as $100 million of loans under its Seniors' Housing Opportunities pilot program, which offers four types of loans to people 62 years of age or older to help them maintain their home or obtain housing.@@@@1@43@@oe@2-2-2013 21726005@unknown@formal@none@1@S@The loans can be for accessory apartments, for cottages built in a relative's yard, for home-sharing or for sale-lease-back transactions.@@@@1@20@@oe@2-2-2013 21726006@unknown@formal@none@1@S@Fannie Mae makes a secondary market in home loans.@@@@1@9@@oe@2-2-2013 21726007@unknown@formal@none@1@S@It buys loans from lenders, packages some into securities for sale to investors and holds the remainder in a portfolio.@@@@1@20@@oe@2-2-2013 21727001@unknown@formal@none@1@S@Robert M. Gintel, senior partner of a Greenwich, Conn., investment firm, said he plans to launch a proxy fight against the board of Boston-based Xtra Corp.@@@@1@26@@oe@2-2-2013 21727002@unknown@formal@none@1@S@Mr. Gintel, head of Gintel & Co., said he plans to conduct a proxy contest to elect a majority of Xtra's board at the next annual stockholders meeting.@@@@1@28@@oe@2-2-2013 21727003@unknown@formal@none@1@S@Xtra, a transportation leasing company, said in a statement it would have no comment on Mr. Gintel's plans until "further information has been disclosed by him."@@@@1@26@@oe@2-2-2013 21727004@unknown@formal@none@1@S@The company also said its 1990 annual meeting has not been scheduled.@@@@1@12@@oe@2-2-2013 21727005@unknown@formal@none@1@S@Mr. Gintel owns 300,000 of the company's 6.3 million common shares outstanding.@@@@1@12@@oe@2-2-2013 21727006@unknown@formal@none@1@S@Xtra said it recently bought back approximately 55,000 of its shares pursuant to its existing authorization to acquire as many as 650,000 shares.@@@@1@23@@oe@2-2-2013 21727007@unknown@formal@none@1@S@Mr. Gintel has filed suit in Delaware Chancery Court, seeking to block Xtra's anti-takeover tactic.@@@@1@15@@oe@2-2-2013 21727008@unknown@formal@none@1@S@In a filing with the Securities and Exchange Commission, Mr. Gintel said Xtra "has pursued business strategies that aren't in the best interest of stockholders.@@@@1@25@@oe@2-2-2013 21728001@unknown@formal@none@1@S@STOCKS AND BONDS SURGED on the second anniversary of Black Monday as a favorable inflation report prompted speculation of lower interest rates.@@@@1@22@@oe@2-2-2013 21728002@unknown@formal@none@1@S@The Dow Jones industrials closed up 39.55, at 2683.20, after rising over 60 points in mid-afternoon.@@@@1@16@@oe@2-2-2013 21728003@unknown@formal@none@1@S@The rally brought the gain so far this week to about 114 points.@@@@1@13@@oe@2-2-2013 21728004@unknown@formal@none@1@S@The dollar finished mixed, while gold declined.@@@@1@7@@oe@2-2-2013 21728005@unknown@formal@none@1@S@Consumer prices climbed a moderate 0.2% in September, mostly due to higher clothing costs.@@@@1@14@@oe@2-2-2013 21728006@unknown@formal@none@1@S@Energy prices continued to fall at the retail level, but economists worried about a big rise in wholesale energy costs.@@@@1@20@@oe@2-2-2013 21728007@unknown@formal@none@1@S@British Airways dropped out of the current bidding for United Air's parent, leaving a UAL management-pilots group without a key partner.@@@@1@21@@oe@2-2-2013 21728008@unknown@formal@none@1@S@British Air's move raised new questions about the buy-out group's efforts to revive a stalled bid for UAL.@@@@1@18@@oe@2-2-2013 21728009@unknown@formal@none@1@S@A capital-gains tax-cut plan was dropped by Senate Democrats under pressure from their leadership.@@@@1@14@@oe@2-2-2013 21728010@unknown@formal@none@1@S@The move is a setback for Bush, who needs Democratic support to pass a capital-gains cut in the Senate.@@@@1@19@@oe@2-2-2013 21728011@unknown@formal@none@1@S@Other tax breaks also are likely to be restored or created in the coming months as special interest groups try to undo the 1986 tax overhaul.@@@@1@26@@oe@2-2-2013 21728012@unknown@formal@none@1@S@Many retailers are worried that a price war could erupt this Christmas if cash-strapped firms such as Campeau slash prices to spur sales.@@@@1@23@@oe@2-2-2013 21728013@unknown@formal@none@1@S@AT&T unveiled a sweetened early retirement plan for management that the company hopes will save it $450 million in the next year.@@@@1@22@@oe@2-2-2013 21728014@unknown@formal@none@1@S@Also, profit rose 19% in the third quarter.@@@@1@8@@oe@2-2-2013 21728015@unknown@formal@none@1@S@Chrysler will idle a Toledo assembly plant temporarily due to slowing sales of its profitable Jeep Cherokee and Wagoneer sport utility vehicles.@@@@1@22@@oe@2-2-2013 21728016@unknown@formal@none@1@S@Digital Equipment's profit fell 32% in the latest quarter, prompting forecasts of weaker results ahead.@@@@1@15@@oe@2-2-2013 21728017@unknown@formal@none@1@S@Analysts were troubled by signs of flat U.S. orders at the computer maker.@@@@1@13@@oe@2-2-2013 21728018@unknown@formal@none@1@S@IBM plans to unveil over 50 software products on Tuesday to try to end some of the problems in computerizing manufacturing operations.@@@@1@22@@oe@2-2-2013 21728019@unknown@formal@none@1@S@The TV units of Paramount and MCA are exploring offering prime-time programming to independent stations two nights a week.@@@@1@19@@oe@2-2-2013 21728020@unknown@formal@none@1@S@BankAmerica's profit jumped 34% in the third quarter.@@@@1@8@@oe@2-2-2013 21728021@unknown@formal@none@1@S@The rapid recovery continued to be fueled by growth in consumer loans, higher interest margins and only minor loan losses.@@@@1@20@@oe@2-2-2013 21728022@unknown@formal@none@1@S@Big Board short interest fell 4.2% for the month ended Oct. 13, the second decline in a row.@@@@1@18@@oe@2-2-2013 21728023@unknown@formal@none@1@S@Borrowed shares on the Amex rose to another record.@@@@1@9@@oe@2-2-2013 21728024@unknown@formal@none@1@S@Bell Atlantic posted a strong earnings gain for the third quarter, as did Southern New England Telecommunications.@@@@1@17@@oe@2-2-2013 21728025@unknown@formal@none@1@S@But Nynex, Pacific Telesis and U S West had lower profits.@@@@1@11@@oe@2-2-2013 21728026@unknown@formal@none@1@S@B.A.T Industries won shareholder approval for a defensive restructuring to fend off Sir James Goldsmith.@@@@1@15@@oe@2-2-2013 21728027@unknown@formal@none@1@S@American Express's profit climbed 21% in the quarter, aided by a surge in its travel business and despite a big rise in Third World loan reserves.@@@@1@26@@oe@2-2-2013 21728028@unknown@formal@none@1@S@Markets --@@@@1@2@@oe@2-2-2013 21728029@unknown@formal@none@1@S@Stocks: Volume 198,120,000 shares.@@@@1@4@@oe@2-2-2013 21728030@unknown@formal@none@1@S@Dow Jones industrials 2683.20, up 39.55; transportation 1263.51, up 15.64; utilities 215.42, up 1.45.@@@@1@14@@oe@2-2-2013 21728031@unknown@formal@none@1@S@Bonds: Shearson Lehman Hutton Treasury index 3398.65, up@@@@1@8@@oe@2-2-2013 21728032@unknown@formal@none@1@S@Commodities: Dow Jones futures index 130.13, up 0.23; spot index 130.46, up 0.10.@@@@1@13@@oe@2-2-2013 21728033@unknown@formal@none@1@S@Dollar: 141.70 yen, up 0.25; 1.8470 marks, off 0.0015.@@@@1@9@@oe@2-2-2013 21729001@unknown@formal@none@1@S@Computer Sciences Corp., El Segundo, Calif., said the National Aeronautics and Space Administration will negotiate details of a contract valued at about $170 million to provide software for the Ames Research Center.@@@@1@32@@oe@2-2-2013 21729002@unknown@formal@none@1@S@Included in the three-year contract are options for two one-year renewals.@@@@1@11@@oe@2-2-2013 21729003@unknown@formal@none@1@S@NASA awarded the contract to CSC in November but an appeal by Sterling Software Inc. of Dallas sent the contract to the General Services Administration Board of Contract Appeals and the board required NASA to re-evaluate bidders' proposals.@@@@1@38@@oe@2-2-2013 21729004@unknown@formal@none@1@S@Sterling had completed a five-year contract for NASA but lost its bid for renewal.@@@@1@14@@oe@2-2-2013 21729005@unknown@formal@none@1@S@As directed by the board, NASA completed the evaluation and again chose CSC.@@@@1@13@@oe@2-2-2013 21729006@unknown@formal@none@1@S@For its fiscal year ended March 31, CSC had revenue of $1.3 billion.@@@@1@13@@oe@2-2-2013 21730001@unknown@formal@none@1@S@AFTERSHOCKS RATTLED Northern California amid an earthquake cleanup.@@@@1@8@@oe@2-2-2013 21730002@unknown@formal@none@1@S@As power and commuters returned to much of downtown San Francisco for the first time since Tuesday's temblor in the Bay area, three strong aftershocks, one measuring 5.0 on the Richter scale, jolted the region.@@@@1@35@@oe@2-2-2013 21730003@unknown@formal@none@1@S@Serious injuries or damages weren't reported.@@@@1@6@@oe@2-2-2013 21730004@unknown@formal@none@1@S@Californians, meanwhile, tried to cope with still-limited services, blocked roadways and water shortages in the aftermath of the tremor that left scores dead and injured.@@@@1@25@@oe@2-2-2013 21730005@unknown@formal@none@1@S@Thousands remained homeless.@@@@1@3@@oe@2-2-2013 21730006@unknown@formal@none@1@S@Bush is to visit the area today, and officials in Washington estimated that emergency assistance would total at least $2.5 billion.@@@@1@21@@oe@2-2-2013 21730007@unknown@formal@none@1@S@A series of earthquakes struck northern China, killing at least 29 people, injuring hundreds and razing about 8,000 homes, the Xinhua News Agency said.@@@@1@24@@oe@2-2-2013 21730008@unknown@formal@none@1@S@The Senate rejected a constitutional amendment sought by Bush to prohibit desecration of the U.S. flag.@@@@1@16@@oe@2-2-2013 21730009@unknown@formal@none@1@S@While the proposal won a slight majority, the 51-48 vote was well short of the two-thirds needed to approve changes in the Constitution.@@@@1@23@@oe@2-2-2013 21730010@unknown@formal@none@1@S@It was considered a victory for Democratic leaders, who favor a law barring flag burning.@@@@1@15@@oe@2-2-2013 21730011@unknown@formal@none@1@S@The House approved an $837 million aid package for Poland and Hungary, nearly double what Bush had requested.@@@@1@18@@oe@2-2-2013 21730012@unknown@formal@none@1@S@The vote of 345-47 sent the measure to the Senate.@@@@1@10@@oe@2-2-2013 21730013@unknown@formal@none@1@S@Britain's chief justice quashed the murder convictions of four people for Irish Republican Army bombings that killed seven people in 1974.@@@@1@21@@oe@2-2-2013 21730014@unknown@formal@none@1@S@The reversal came after the government conceded that investigators may have faked evidence.@@@@1@13@@oe@2-2-2013 21730015@unknown@formal@none@1@S@The "Guildford Four," three Irishmen and an Englishwoman, have been imprisoned since 1975.@@@@1@13@@oe@2-2-2013 21730016@unknown@formal@none@1@S@The Nobel Prize in literature was won by Camilo Jose Cela, a Spanish writer.@@@@1@14@@oe@2-2-2013 21730017@unknown@formal@none@1@S@His 1942 novel "The Family of Pascual Duarte" is considered the most popular work of fiction in Spanish since Cervantes's "Don Quixote" was published 400 years ago.@@@@1@27@@oe@2-2-2013 21730018@unknown@formal@none@1@S@The Swedish Academy in Stockholm cited the 73-year-old Cela for "rich and intensive prose."@@@@1@14@@oe@2-2-2013 21730019@unknown@formal@none@1@S@The editor of Pravda was dismissed and succeeded by a confidant of Soviet leader Gorbachev.@@@@1@15@@oe@2-2-2013 21730020@unknown@formal@none@1@S@The action at the Communist Party daily, viewed as the Soviet Union's most authoritative newspaper, was considered the most significant development in a week of Kremlin wrangling over the press, including sharp criticism from Gorbachev.@@@@1@35@@oe@2-2-2013 21730021@unknown@formal@none@1@S@East Germany's new leader met with Lutheran Church officials to discuss a growing opposition movement demanding democratic freedoms.@@@@1@18@@oe@2-2-2013 21730022@unknown@formal@none@1@S@As they conferred near East Berlin, a pro-democracy protest erupted in the Baltic city of Greifswald, and activists threatened further rallies against leader Krenz's expected hard-line policies.@@@@1@27@@oe@2-2-2013 21730023@unknown@formal@none@1@S@Police in Prague raided an international meeting on human rights, detaining Czechoslovakia's former foreign minister, Jiri Hajak, and 14 other activists.@@@@1@21@@oe@2-2-2013 21730024@unknown@formal@none@1@S@A leading U.S. human-rights monitor also was briefly held.@@@@1@9@@oe@2-2-2013 21730025@unknown@formal@none@1@S@Dissident playwright Vaclav Havel reportedly escaped the crackdown, the fourth against activists in recent days.@@@@1@15@@oe@2-2-2013 21730026@unknown@formal@none@1@S@Bush met in Washington with Spain's Prime Minister Gonzalez and discussed what the president called "the unique role" that Madrid can play in furthering democracy in Eastern Europe and Latin America.@@@@1@31@@oe@2-2-2013 21730027@unknown@formal@none@1@S@Gonzalez, who pledged to help monitor voting in Nicaragua, was said to be carrying proposals for free elections in Panama.@@@@1@20@@oe@2-2-2013 21730028@unknown@formal@none@1@S@The Galileo spacecraft sped unerringly toward the planet Jupiter, while five astronauts aboard the space shuttle Atlantis measured the Earth's ozone layer.@@@@1@22@@oe@2-2-2013 21730029@unknown@formal@none@1@S@The robot probe was dispatched Wednesday by the shuttle crew, which is to conduct a series of medical and other experiments before their scheduled landing Monday in California.@@@@1@28@@oe@2-2-2013 21730030@unknown@formal@none@1@S@Argentina and Britain agreed to resume diplomatic and economic relations, seven years after the two nations battled over the Falkland Islands.@@@@1@21@@oe@2-2-2013 21730031@unknown@formal@none@1@S@The announcement, in which they said hostilities had ceased, followed a two-day meeting in Madrid.@@@@1@15@@oe@2-2-2013 21730032@unknown@formal@none@1@S@Rebel artillerists bombarded the capital of Afghanistan, killing at least 12 people, as the Soviet Union was reported to be airlifting arms and food to Kabul's forces.@@@@1@27@@oe@2-2-2013 21730033@unknown@formal@none@1@S@Fighting also was reported around the strategic town of Khost, near the Pakistani border.@@@@1@14@@oe@2-2-2013 21730034@unknown@formal@none@1@S@Saudi Arabia's foreign minister met in Damascus with President Assad to develop a plan for the withdrawal of Syria's 40,000 troops from Lebanon as part of a settlement of that nation's 14-year-old civil war.@@@@1@34@@oe@2-2-2013 21730035@unknown@formal@none@1@S@The talks came as Lebanese negotiations on political changes appeared deadlocked.@@@@1@11@@oe@2-2-2013 21730036@unknown@formal@none@1@S@GOP Sen. Specter of Pennsylvania said he would vote to acquit federal Judge Alcee Hastings in his impeachment trial on charges of perjury and bribery conspiracy.@@@@1@26@@oe@2-2-2013 21730037@unknown@formal@none@1@S@Specter, the vice chairman of the Senate's evidence panel, said there was "insufficient evidence to convict" the Miami jurist.@@@@1@19@@oe@2-2-2013 21731001@unknown@formal@none@1@S@After slipping on news of a smaller-than-expected U.S. inflation figure, the dollar rebounded later in the trading day.@@@@1@18@@oe@2-2-2013 21731002@unknown@formal@none@1@S@The U.S. unit dipped to a session low against the mark just after the release of the U.S. consumer price index.@@@@1@21@@oe@2-2-2013 21731003@unknown@formal@none@1@S@The report showed that September consumer prices rose just 0.2%, a smaller increase than expected.@@@@1@15@@oe@2-2-2013 21731004@unknown@formal@none@1@S@The market had anticipated a 0.4% rise in the price index.@@@@1@11@@oe@2-2-2013 21731005@unknown@formal@none@1@S@The September index fueled speculation, damaging to the dollar, that the Federal Reserve soon will ease monetary policy further.@@@@1@19@@oe@2-2-2013 21731006@unknown@formal@none@1@S@But foreign-exchange dealers said the dollar staged a quick comeback, prompted by a round of short covering and some fresh buying interest later in the trading day.@@@@1@27@@oe@2-2-2013 21731007@unknown@formal@none@1@S@Traders said that a nearly 40-point gain in the Dow Jones Industrial Average, fueled in part by news of a lower-than-expected price index, had little influence on the dollar's moves.@@@@1@30@@oe@2-2-2013 21731008@unknown@formal@none@1@S@"The market is beginning to disassociate itself from Wall Street," said one New York trader.@@@@1@15@@oe@2-2-2013 21731009@unknown@formal@none@1@S@In late New York trading yesterday, the dollar was quoted at 1.8470 marks, down from 1.8485 marks late Wednesday, and at 141.70 yen, up from 141.45 yen late Wednesday.@@@@1@29@@oe@2-2-2013 21731010@unknown@formal@none@1@S@Sterling was quoted at $1.5990, up from $1.5920 late Wednesday.@@@@1@10@@oe@2-2-2013 21731011@unknown@formal@none@1@S@In Tokyo Friday, the U.S. currency opened for trading at 141.93 yen, up from Thursday's Tokyo close of 141.55 yen.@@@@1@20@@oe@2-2-2013 21731012@unknown@formal@none@1@S@Some analysts said the consumer price index reflects a more significant slowdown in the U.S. economy than earlier indicated.@@@@1@19@@oe@2-2-2013 21731013@unknown@formal@none@1@S@They point out that September's producer-price index showed a 0.9% increase.@@@@1@11@@oe@2-2-2013 21731014@unknown@formal@none@1@S@They noted that because the consumer price index, known as the CPI, is a more comprehensive measure of inflation and is rising less rapidly than the producer-price index, or PPI, it could signal further easing by Fed.@@@@1@37@@oe@2-2-2013 21731015@unknown@formal@none@1@S@Others suggested, however, that the Fed will hold any changes in monetary policy in check, leaving fed funds at around 8 3/4%, down from the 9% level that prevailed from July through September.@@@@1@33@@oe@2-2-2013 21731016@unknown@formal@none@1@S@Kevin Logan, chief economist with the Swiss Bank Corp., said that both PPI and CPI climbed around 4 1/2% year-to-year in September.@@@@1@22@@oe@2-2-2013 21731017@unknown@formal@none@1@S@He argued that both CPI and PPI have in fact decelerated since spring.@@@@1@13@@oe@2-2-2013 21731018@unknown@formal@none@1@S@"The Fed won't be stampeded into easing," Mr. Logan said, predicting that for now, interest rates will stay where they are.@@@@1@21@@oe@2-2-2013 21731019@unknown@formal@none@1@S@A four-day matched sale-purchase agreement, a move to drain liquidity from the system, was viewed as a technical move, rather than an indication of tightening credit.@@@@1@26@@oe@2-2-2013 21731020@unknown@formal@none@1@S@Market participants note that the mark continues to post heftier gains against its U.S. counterpart than any other major currency, particularly the yen.@@@@1@23@@oe@2-2-2013 21731021@unknown@formal@none@1@S@"There's a bottomless pit of dollar demand" by Japanese investors, said Graham Beale, managing director of foreign exchange at Hongkong & Shanghai Banking Corp. in New York, adding that purely speculative demand wouldn't hold the dollar at its recent levels against the Japanese currency.@@@@1@44@@oe@2-2-2013 21731022@unknown@formal@none@1@S@Mr. Beale commented that the mark remains well bid against other currencies as well.@@@@1@14@@oe@2-2-2013 21731023@unknown@formal@none@1@S@Robert White, manager of corporate trading at First Interstate of California, called the market "psychologically pro-mark," noting that the U.S. remains a "veritable grab bag" for Japanese investors which accounts for the unabated demand for U.S. dollars.@@@@1@37@@oe@2-2-2013 21731024@unknown@formal@none@1@S@On the Commodity Exchange in New York, gold dropped $1.60 to $367.10 an ounce in moderate trading.@@@@1@17@@oe@2-2-2013 21731025@unknown@formal@none@1@S@Estimated volume was three million ounces.@@@@1@6@@oe@2-2-2013 21731026@unknown@formal@none@1@S@In early trading in Hong Kong Friday, gold was at about $366.85 an ounce.@@@@1@14@@oe@2-2-2013 21732001@unknown@formal@none@1@S@Hotel Investors Trust and its affiliate, Hotel Investors Corp., said the companies plan to sell all of the hotels the companies own and operate, except for two hotel-casinos in Las Vegas, Nev.@@@@1@32@@oe@2-2-2013 21732002@unknown@formal@none@1@S@The hotels and management interests will be sold at an auction, said John Rothman, president and chief executive officer of the trust and a director of the corporation.@@@@1@28@@oe@2-2-2013 21732003@unknown@formal@none@1@S@Value of the properties and management interests wasn't disclosed.@@@@1@9@@oe@2-2-2013 21732004@unknown@formal@none@1@S@In all, the Los Angeles-based trust plans to sell its interests in 36 hotels, while the corporation will sell its management interests in 32 of those properties.@@@@1@27@@oe@2-2-2013 21732005@unknown@formal@none@1@S@Excluded from the sale are the interests of the trust and the corporation in two Las Vegas hotel-casinos.@@@@1@18@@oe@2-2-2013 21732006@unknown@formal@none@1@S@After completing the sale and paying debts, the trust and corporation will consider a number of options including a stock repurchase, payment of special dividend or investment in more gaming properties.@@@@1@31@@oe@2-2-2013 21732007@unknown@formal@none@1@S@The companies will retain their current regular quarterly dividend of 25 cents during the sale process, Mr. Rothman said.@@@@1@19@@oe@2-2-2013 21732008@unknown@formal@none@1@S@For the first six months, the trust and corporation had a net loss of $244,000.@@@@1@15@@oe@2-2-2013 21733001@unknown@formal@none@1@S@Baxter International Inc., citing cost-cutting moves and increased sales of its home-care products and dialysis treatments, posted a 20% rise in third-quarter net income on a 5.9% sales boost.@@@@1@29@@oe@2-2-2013 21733002@unknown@formal@none@1@S@The Deerfield, Ill., medical products and services company posted net of $102 million, or 34 cents a share, compared with $85 million, or 28 cents a share, a year ago.@@@@1@30@@oe@2-2-2013 21733003@unknown@formal@none@1@S@Sales totaled $1.81 billion up from $1.71 billion the previous year.@@@@1@11@@oe@2-2-2013 21733004@unknown@formal@none@1@S@For the nine-month period, Baxter said net rose 15% to $307 million, or $1.02 a share, from $267 million, or 89 cents a share, during the year-ago period.@@@@1@28@@oe@2-2-2013 21733005@unknown@formal@none@1@S@Sales for the nine months were up 8% to $5.44 billion from $5.04 billion in the same period in 1988.@@@@1@20@@oe@2-2-2013 21733006@unknown@formal@none@1@S@In New York Stock Exchange composite trading, Baxter closed at $22.25 a share, down 12.5 cents.@@@@1@16@@oe@2-2-2013 21734001@unknown@formal@none@1@S@A group bidding for American Medical International Inc., New York, said it formally received the final financing needed for a $3 billion bid for about 86% of the hospital operator's stock.@@@@1@31@@oe@2-2-2013 21734002@unknown@formal@none@1@S@The offer from IMA Acquisition Corp., for as many as 63 million shares, is set to expire Wednesday.@@@@1@18@@oe@2-2-2013 21734003@unknown@formal@none@1@S@Earlier this month, IMA said it had received about $1 billion of senior debt financing from Chemical Bank and six other banks; Chemical Bank said it was "highly confident" it could arrange the balance of about $509 million.@@@@1@38@@oe@2-2-2013 21734004@unknown@formal@none@1@S@In addition, the $3 billion bid includes $1 billion of debt that will be assumed by IMA, $600 million of high-yield junk bonds that will be sold by First Boston Corp. and $285 million of equity.@@@@1@36@@oe@2-2-2013 21734005@unknown@formal@none@1@S@In New York Stock Exchange composite trading yesterday, American Medical closed at $23.625, up $1.875.@@@@1@15@@oe@2-2-2013 21734006@unknown@formal@none@1@S@American Medical has agreed to the offer, but earlier this month said it had received new "expressions of interest" from two previous bidders.@@@@1@23@@oe@2-2-2013 21734007@unknown@formal@none@1@S@American Medical said it would pursue the inquiries from the companies, but wouldn't identify them unless they make firm offers.@@@@1@20@@oe@2-2-2013 21735001@unknown@formal@none@1@S@H&R Block is one of the great success stories of U.S. business.@@@@1@12@@oe@2-2-2013 21735002@unknown@formal@none@1@S@Oddly enough, this presents a problem for the stock.@@@@1@9@@oe@2-2-2013 21735003@unknown@formal@none@1@S@Some money managers are disenchanted with H&R Block because they suspect the company's glory days are past, or at least passing.@@@@1@21@@oe@2-2-2013 21735004@unknown@formal@none@1@S@Block's tax-preparation business is mature, they say, and some of its diversifications are facing tough competition.@@@@1@16@@oe@2-2-2013 21735005@unknown@formal@none@1@S@It's no secret that Block dominates the mass-market tax-preparation business.@@@@1@10@@oe@2-2-2013 21735006@unknown@formal@none@1@S@The Street knows all about the predictability of its earnings, which are headed for a ninth consecutive yearly increase.@@@@1@19@@oe@2-2-2013 21735007@unknown@formal@none@1@S@The company has consistently earned more than a 20% annual return on its net worth while many companies would be happy with 15%.@@@@1@23@@oe@2-2-2013 21735008@unknown@formal@none@1@S@But the tax-preparation business simply has no more room to grow, says Mark Cremonie, director of research for Capital Supervisors Inc., a Chicago firm that manages $6.5 billion.@@@@1@28@@oe@2-2-2013 21735009@unknown@formal@none@1@S@"You go to any medium-sized town in the U.S. and you're going to see H&R Block tax services."@@@@1@18@@oe@2-2-2013 21735010@unknown@formal@none@1@S@Mr. Cremonie's firm once held about 4.8% of H&R Block.@@@@1@10@@oe@2-2-2013 21735011@unknown@formal@none@1@S@That was before the 1986 tax "reform" made taxes more complex than ever.@@@@1@13@@oe@2-2-2013 21735012@unknown@formal@none@1@S@"One thing you can bet on," he says, "is that Congress will do stupid things with the Tax Code."@@@@1@19@@oe@2-2-2013 21735013@unknown@formal@none@1@S@But Capital Supervisors sold the last of its H&R Block holdings earlier this year.@@@@1@14@@oe@2-2-2013 21735014@unknown@formal@none@1@S@"They're thrashing around for diversification," he says.@@@@1@7@@oe@2-2-2013 21735015@unknown@formal@none@1@S@"I think a lot of their businesses are just so-so."@@@@1@10@@oe@2-2-2013 21735016@unknown@formal@none@1@S@Last week the stock hit an all-time high of 37 1/4 before getting roughed up in the Friday-the-13th minicrash.@@@@1@19@@oe@2-2-2013 21735017@unknown@formal@none@1@S@It closed yesterday at 34 3/4.@@@@1@6@@oe@2-2-2013 21735018@unknown@formal@none@1@S@To be sure, the stock still has a lot of fans.@@@@1@11@@oe@2-2-2013 21735019@unknown@formal@none@1@S@"If you invested $10,000 in the initial public offering in 1962, it would be worth well over $5 million today," says Fredric E. Russell, a Tulsa, Okla., money manager.@@@@1@29@@oe@2-2-2013 21735020@unknown@formal@none@1@S@"I don't know what the risk is {of holding the stock}.@@@@1@11@@oe@2-2-2013 21735021@unknown@formal@none@1@S@Taxes are not going out of business."@@@@1@7@@oe@2-2-2013 21735022@unknown@formal@none@1@S@Many of his peers feel the same way.@@@@1@8@@oe@2-2-2013 21735023@unknown@formal@none@1@S@The number of big institutions that own H&R Block shares is 207 and growing, according to a midyear tally by CDA Investment Technologies.@@@@1@23@@oe@2-2-2013 21735024@unknown@formal@none@1@S@Brokerage houses are sweet on H&R Block, too.@@@@1@8@@oe@2-2-2013 21735025@unknown@formal@none@1@S@Zacks Investment Research counts five brokerage houses that consider the stock a buy, and four that call it a hold.@@@@1@20@@oe@2-2-2013 21735026@unknown@formal@none@1@S@None dare say to sell it.@@@@1@6@@oe@2-2-2013 21735027@unknown@formal@none@1@S@But some money managers are doing just that.@@@@1@8@@oe@2-2-2013 21735028@unknown@formal@none@1@S@Eugene Sit, president of Sit Investment Associates in Minneapolis, says, "When we bought it, we thought the growth rate was going to accelerate" because of computerized tax filing and instant refunds (the customer gets a refund immediately but pays extra to the tax preparer, which waits for Uncle Sam's check).@@@@1@50@@oe@2-2-2013 21735029@unknown@formal@none@1@S@But neither of those developments did much to juice up growth, Mr. Sit says.@@@@1@14@@oe@2-2-2013 21735030@unknown@formal@none@1@S@He figures Block earnings are now growing at about a 10% annual rate (down from about 14% the past five years) and will grow at an 8%-10% rate in the future.@@@@1@31@@oe@2-2-2013 21735031@unknown@formal@none@1@S@That's "not bad," Mr. Sit says, but it sure doesn't justify Block shares being priced at 15 to 16 times estimated earnings for fiscal 1990.@@@@1@25@@oe@2-2-2013 21735032@unknown@formal@none@1@S@He wants stocks whose price/earnings ratio is less than their growth rate; as he figures it, H&R Block doesn't even come close.@@@@1@22@@oe@2-2-2013 21735033@unknown@formal@none@1@S@Two other money managers, in explaining why they have sold large amounts of H&R Block stock this year, spoke on the condition they not be named.@@@@1@26@@oe@2-2-2013 21735034@unknown@formal@none@1@S@"The stock was going no place and the earnings were so-so," said one.@@@@1@13@@oe@2-2-2013 21735035@unknown@formal@none@1@S@(In the past two years, the stock almost stalled out.@@@@1@10@@oe@2-2-2013 21735036@unknown@formal@none@1@S@It was above 33, adjusted for a subsequent split, in 1987, and hasn't gotten much higher since.)@@@@1@17@@oe@2-2-2013