22059039@unknown@formal@none@1@S@Can a security analyst call an investment banker to make certain that a seemingly improbable rumor is in fact false?@@@@1@20@@oe@2-2-2013
22059040@unknown@formal@none@1@S@In the past, not only would reputable professionals have rushed to check out such rumors with the company, but companies listed on the major stock exchanges were encouraged by the exchanges to respond openly to such inquiries from securities analysts.@@@@1@40@@oe@2-2-2013
22059041@unknown@formal@none@1@S@Today, after Mr. Freeman's plea, there is an uncertainty that is both unfair and inefficient.@@@@1@15@@oe@2-2-2013
22059042@unknown@formal@none@1@S@In this light, the comparative advantages of legislative law-making become clear: (1) Before it acts, the legislature typically will hear the views of representatives of all those affected by its decision, not just the immediate parties before the court; and (2) the legislature can frame "bright line" standards that create less uncertainty than the fact-bound decisions of courts.@@@@1@58@@oe@2-2-2013
22059043@unknown@formal@none@1@S@Although legislative lines can result in under-inclusion (which explains why the SEC has long resisted a legislative definition of insider trading), judicial lawmaking inevitably creates uncertainty because of the shadowy outer edges and implications of most judicial decisions.@@@@1@38@@oe@2-2-2013
22059044@unknown@formal@none@1@S@At least when the stakes are high, uncertainty in turn results in overinclusion, as individuals do not dare to approach an uncertain line closely.@@@@1@24@@oe@2-2-2013
22059045@unknown@formal@none@1@S@The federal mail and wire fraud statutes provide even better illustrations of the rapid evolution of a federal common law of white-collar crime.@@@@1@23@@oe@2-2-2013
22059046@unknown@formal@none@1@S@In 1987, the Supreme Court attempted in McNally v. U.S. to halt the inexorable expansion of these statutes by adopting a rule of strict construction for ambiguous criminal statues.@@@@1@29@@oe@2-2-2013
22059047@unknown@formal@none@1@S@Yet, late last year, Congress effectively reversed this decision by enacting a one-sentence statute that defined fraud to include any scheme to deprive another of "the intangible right of honest services."@@@@1@31@@oe@2-2-2013
22059048@unknown@formal@none@1@S@At a stroke, this may criminalize all fiduciary breaches (and possibly all misrepresentations by an agent or employee).@@@@1@18@@oe@2-2-2013
22059049@unknown@formal@none@1@S@Such a statute illustrates the fundamental problem: Congress finds it is easier to pass sweepingly moralistic prohibitions, which the courts must thereafter interpret, than to engage in the difficult line-drawing distinctions that are inherently its responsibility.@@@@1@36@@oe@2-2-2013
22059050@unknown@formal@none@1@S@We are confronted less with a judicial power grab than with a legislative giveaway.@@@@1@14@@oe@2-2-2013
22059051@unknown@formal@none@1@S@Predictably, when confronted with morally dubious behavior, prosecutors will exploit the latitude such openended statutes give them.@@@@1@17@@oe@2-2-2013
22059052@unknown@formal@none@1@S@Over the long run, however, sleazy cases will make bad law.@@@@1@11@@oe@2-2-2013
22059053@unknown@formal@none@1@S@Mr. Coffee is a professor at Columbia Law School.@@@@1@9@@oe@2-2-2013
22060001@unknown@formal@none@1@S@Corning Inc. posted a 38% decline in third-quarter net income to $76.5 million, or 80 cents a share, from $123.9 million, or $1.37 a share, a year earlier.@@@@1@28@@oe@2-2-2013
22060002@unknown@formal@none@1@S@The year-earlier figure included a one-time gain of $59.9 million from the sale of Corning's stakes in Japanese businesses.@@@@1@19@@oe@2-2-2013
22060003@unknown@formal@none@1@S@Without the gain, operating profit was $64 million, or 71 cents a share.@@@@1@13@@oe@2-2-2013
22060004@unknown@formal@none@1@S@The telecommunications, specialty glass, ceramic products and laboratory-services concern said the latest quarter included a tax-loss carry-forward of $600,000.@@@@1@19@@oe@2-2-2013
22060005@unknown@formal@none@1@S@A year earlier, net included a $700,000 taxlow carry-forward.@@@@1@9@@oe@2-2-2013
22060006@unknown@formal@none@1@S@Sales rose 14% to $715 million from $625.4 million.@@@@1@9@@oe@2-2-2013
22060007@unknown@formal@none@1@S@Corning's chairman and chief executive officer, James R. Houghton, said operating performance continued to be strong in the telecommunications and health and science segments.@@@@1@24@@oe@2-2-2013
22060008@unknown@formal@none@1@S@But the specialty-material segment slowed somewhat and consumer products continued below expectations.@@@@1@12@@oe@2-2-2013
22060009@unknown@formal@none@1@S@As for joint ventures, Mr. Houghton said profit was "essentially flat" due primarily to a slow recovery at Samsung-Corning Co. in Korea following a strike at a major customer and the disruption of shipments to China.@@@@1@36@@oe@2-2-2013
22060010@unknown@formal@none@1@S@Also, profit was hurt by the strength of the dollar overseas which negatively affected the company's currency-exchange rate.@@@@1@18@@oe@2-2-2013
22060011@unknown@formal@none@1@S@In New York Stock Exchange composite trading, Corning closed at $38.50, down 75 cents.@@@@1@14@@oe@2-2-2013
22061001@unknown@formal@none@1@S@UAL, the hair-trigger stock that exploded Friday's market bombshell, briefly traumatized traders again yesterday.@@@@1@14@@oe@2-2-2013
22061002@unknown@formal@none@1@S@Within 10 minutes after an 11:13 a.m. trading halt in UAL, parent of United Airlines, the Dow Jones Industrial Average plunged nearly 27 points to a 60.25-point deficit.@@@@1@28@@oe@2-2-2013
22061003@unknown@formal@none@1@S@Computer-guided buying then kicked in, and the industrials regained 27 points in five minutes.@@@@1@14@@oe@2-2-2013
22061004@unknown@formal@none@1@S@The lightning moves show that the stock market remains fragile and volatile -- ready to jump at the slightest rumor -- a few days after its shocking 190.58-point plunge.@@@@1@29@@oe@2-2-2013
22061005@unknown@formal@none@1@S@Nervous investors continued to limit their buying to blue-chip stocks while dumping takeover-related issues.@@@@1@14@@oe@2-2-2013
22061006@unknown@formal@none@1@S@The industrial average closed down 18.65, to 2638.73.@@@@1@8@@oe@2-2-2013
22061007@unknown@formal@none@1@S@New York Stock Exchange volume was a heavy 224,070,000 shares.@@@@1@10@@oe@2-2-2013
22061008@unknown@formal@none@1@S@Decliners on the Big Board outnumbered advancers, 931 to 658.@@@@1@10@@oe@2-2-2013
22061009@unknown@formal@none@1@S@UAL was watched closely and traded heavily.@@@@1@7@@oe@2-2-2013
22061010@unknown@formal@none@1@S@The stock tumbled 24 7/8 to 198 on volume of 2.8 million shares.@@@@1@13@@oe@2-2-2013
22061011@unknown@formal@none@1@S@The market is still very touchy about rumors and news on pending takeovers.@@@@1@13@@oe@2-2-2013
22061012@unknown@formal@none@1@S@UAL, which is trying to reconstruct a buy-out bid that banks wouldn't finance, represents the future of one of the most powerful ingredients in the bull market-corporate restructuring.@@@@1@28@@oe@2-2-2013
22061013@unknown@formal@none@1@S@An important element of this phenomenon -- the now-shaky market for junk bonds, used often to finance restructurings and takeovers -- continued to cast a pall over stocks.@@@@1@28@@oe@2-2-2013
22061014@unknown@formal@none@1@S@"It was a very nervous day," said John Geary, partner of the Big Board specialist firm Ziebarth, Geary.@@@@1@18@@oe@2-2-2013
22061015@unknown@formal@none@1@S@The volatility won't end soon.@@@@1@5@@oe@2-2-2013
22061016@unknown@formal@none@1@S@This Friday brings the "double witching hour," Wall Street's nickname for the monthly simultaneous expiration of a variety of stock index futures, index options and options on individual stocks.@@@@1@29@@oe@2-2-2013
22061017@unknown@formal@none@1@S@Traders are already buckling their seat belts.@@@@1@7@@oe@2-2-2013
22061018@unknown@formal@none@1@S@Previous monthly expirations of the Major Market Index futures and Standard & Poor's 100-stock index options have produced spectacular volatility.@@@@1@20@@oe@2-2-2013
22061019@unknown@formal@none@1@S@"We are in one of those phases where you are going to get a lot of volatile expiration action," said Donald Selkin, head of stock-index research at Prudential-Bache Securities.@@@@1@29@@oe@2-2-2013
22061020@unknown@formal@none@1@S@Investors were buying yesterday, but they were running scared to premier blue chips such as Procter & Gamble, which jumped 3 3/8 to 127.@@@@1@24@@oe@2-2-2013
22061021@unknown@formal@none@1@S@Investors "are buying stocks that have predictable earnings," said Edward J. Laux, head of block trading at Kidder Peabody.@@@@1@19@@oe@2-2-2013
22061022@unknown@formal@none@1@S@Along the way, investors dumped takeover stocks and shares of banks that have leveraged-buy-out debt and risky real estate loans on their books.@@@@1@23@@oe@2-2-2013
22061023@unknown@formal@none@1@S@"These loans are more of a focus than lesser-developed-country debt now," said William Bee, senior block trader at Prudential-Bache Securities.@@@@1@20@@oe@2-2-2013
22061024@unknown@formal@none@1@S@Chase Manhattan, which sold 14 million additional shares at 40 1/8 Monday through an underwriting group led by Goldman Sachs, closed down 1/8 to 40.@@@@1@25@@oe@2-2-2013
22061025@unknown@formal@none@1@S@Citicorp fell 1/2 to 32, and Manufacturers Hanover slipped 3/8 to 40 1/4.@@@@1@13@@oe@2-2-2013
22061026@unknown@formal@none@1@S@Chase and Citicorp's Citibank are involved in the UAL buy-out financing.@@@@1@11@@oe@2-2-2013
22061027@unknown@formal@none@1@S@Both Citicorp and Manufacturers Hanover reported earnings yesterday.@@@@1@8@@oe@2-2-2013
22061028@unknown@formal@none@1@S@In the first hour of trading, about one million shares a minute changed hands on the Big Board as big stock-index arbitrage sell programs pushed prices lower.@@@@1@27@@oe@2-2-2013
22061029@unknown@formal@none@1@S@(In stock-index arbitrage, traders buy or sell big baskets of stocks against offsetting positions in futures.)@@@@1@16@@oe@2-2-2013
22061030@unknown@formal@none@1@S@Traders said many of the sell programs are positions being established ahead of this Friday's expiration.@@@@1@16@@oe@2-2-2013
22061031@unknown@formal@none@1@S@Aside from computer-guided selling, airline stocks took a beating as well.@@@@1@11@@oe@2-2-2013
22061032@unknown@formal@none@1@S@The Dow Jones Transportation Average fell 49.96 to close at 1254.27.@@@@1@11@@oe@2-2-2013
22061033@unknown@formal@none@1@S@AMR, the parent of American Airlines, continued to retreat in the wake of New York developer Donald Trump's decision to withdraw his $120-a-share takeover bid.@@@@1@25@@oe@2-2-2013
22061034@unknown@formal@none@1@S@The stock fell 3 1/4 to 73 1/4 on 3.4 million shares.@@@@1@12@@oe@2-2-2013
22061035@unknown@formal@none@1@S@Delta Air Lines fell 1 7/8 to 67 7/8, USAir Group dropped 3/4 to 40 1/4, Southwest Airlines dipped 1/2 to 25 and Alaska Air Group slid 3/8 to 24 1/4.@@@@1@31@@oe@2-2-2013
22061036@unknown@formal@none@1@S@But Texas Air, the owner of Continental and Eastern airlines, bucked the group's decline by rising 7/8 to 14 5/8 in American Stock Exchange trading.@@@@1@25@@oe@2-2-2013
22061037@unknown@formal@none@1@S@Eastern said it is ahead of schedule in resuming its operations after filing earlier this year for Chapter 11 bankruptcy protection, from which it expects to emerge early next year.@@@@1@30@@oe@2-2-2013
22061038@unknown@formal@none@1@S@Philip Morris, the most active Big Board issue for the second consecutive session, was unchanged at 43 1/4 on 3.9 million shares.@@@@1@22@@oe@2-2-2013
22061039@unknown@formal@none@1@S@Other blue-chip consumer issues also fared relatively well: PepsiCo rose 1 3/8 to 58 1/2; Coca-Cola Co. was unchanged at 66 3/4; McDonald's also closed unchanged at 30 1/2, and Merck rose 1/2 to 75 1/4.@@@@1@36@@oe@2-2-2013
22061040@unknown@formal@none@1@S@Broader averages also fell.@@@@1@4@@oe@2-2-2013
22061041@unknown@formal@none@1@S@Standard & Poor's 500-stock index fell 1.69 to 341.16, and the New York Stock Exchange Composite Index fell 0.88 to 188.89.@@@@1@21@@oe@2-2-2013
22061042@unknown@formal@none@1@S@Among the takeover-related stocks that sold off yesterday were Disney, which closed down 2 1/8 to 121 1/4.@@@@1@18@@oe@2-2-2013
22061043@unknown@formal@none@1@S@Philips Industries tumbled 3/8 to 22 7/8; Hilton Hotels fell 2 1/2 to 92 and Holiday Corp. fell 2 1/8 to 69 7/8.@@@@1@23@@oe@2-2-2013
22061044@unknown@formal@none@1@S@Among other blue chips, Exxon gained 1/8 to 45 1/2.@@@@1@10@@oe@2-2-2013
22061045@unknown@formal@none@1@S@International Paper fell 1 3/8 to 51 1/2, Union Carbide eased 7/8 to 25, Chevron gained 1/8 to 64, and Eastman Kodak closed down 3/4 to 44 1/4.@@@@1@28@@oe@2-2-2013
22061046@unknown@formal@none@1@S@The only industry group to show a gain from the industrial average's record high on Oct. 9 is restaurants.@@@@1@19@@oe@2-2-2013
22061047@unknown@formal@none@1@S@Among the three worst-performing groups, with declines of 10% to 20%, are airlines, casinos and securities brokers.@@@@1@17@@oe@2-2-2013
22061048@unknown@formal@none@1@S@Trading also was heavy in the over-the-counter market.@@@@1@8@@oe@2-2-2013
22061049@unknown@formal@none@1@S@The Nasdaq composite index closed down 1.05 to 459.93 on volume of 161.5 million shares.@@@@1@15@@oe@2-2-2013
22061050@unknown@formal@none@1@S@"The environment is a lot more trading-oriented," said Gary Rosenbach, manager of equity trading at the OTC stock firm Needham & Co. in New York.@@@@1@25@@oe@2-2-2013
22061051@unknown@formal@none@1@S@"Because there is a lot more volatility now, if guys see that they can make a quick 10% or 15% profit, they'll take it."@@@@1@24@@oe@2-2-2013
22061052@unknown@formal@none@1@S@Compaq Computer gained 2 1/8 to 103 3/4 on two million shares, reflecting market optimism about the prospects for its newly introduced notebook-sized computer.@@@@1@24@@oe@2-2-2013
22061053@unknown@formal@none@1@S@B.F. Goodrich dropped 1 3/8 to 49 1/8.@@@@1@8@@oe@2-2-2013
22061054@unknown@formal@none@1@S@The company's third-quarter earnings were below both analysts' forecasts and the year-earlier level.@@@@1@13@@oe@2-2-2013
22061055@unknown@formal@none@1@S@Blue Arrow added 1/2 to 17 1/4.@@@@1@7@@oe@2-2-2013
22061056@unknown@formal@none@1@S@The British company plans to change its name to Manpower, the name of its U.S. unit, and write off part of nearly $1.2 billion in good will as a possible prelude to reincorporating in the U.S.@@@@1@36@@oe@2-2-2013
22061057@unknown@formal@none@1@S@Dravo rose 5/8 to 16 1/8.@@@@1@6@@oe@2-2-2013
22061058@unknown@formal@none@1@S@Shearson Lehman Hutton began its coverage of the company with favorable ratings.@@@@1@12@@oe@2-2-2013
22061059@unknown@formal@none@1@S@Intertan jumped 2 1/4 to 56 7/8.@@@@1@7@@oe@2-2-2013
22061060@unknown@formal@none@1@S@The company reported that earnings from operations for the September quarter were up about 25% from a year earlier.@@@@1@19@@oe@2-2-2013
22061061@unknown@formal@none@1@S@Bay Financial, which said it may be forced to file under Chapter 11 if it can't reach an agreement with its lenders to relieve its debt burden, plunged 1 3/8 to 2 1/8.@@@@1@33@@oe@2-2-2013
22061062@unknown@formal@none@1@S@The Amex Market Value Index fell 1.25 to 375.16.@@@@1@9@@oe@2-2-2013
22061063@unknown@formal@none@1@S@Volume totaled 16,800,000 shares.@@@@1@4@@oe@2-2-2013
22061064@unknown@formal@none@1@S@Among active Amex issues, the American depositary receipts of B.A.T Industries fell 1/4 to 11 3/4 on turnover of 885,800.@@@@1@20@@oe@2-2-2013
22061065@unknown@formal@none@1@S@Investment bankers and retailers said the turmoil on Wall Street may benefit managers who plan to bid for U.S. retailing units of the British firm because takeover prices may not be as high as before the recent correction.@@@@1@38@@oe@2-2-2013
22061066@unknown@formal@none@1@S@Fruit of the Loom slipped 1/8 to 12 3/8 on 501,200 shares.@@@@1@12@@oe@2-2-2013
22061067@unknown@formal@none@1@S@DWG Corp. jumped 1 1/4 to 15 on 454,100 shares.@@@@1@10@@oe@2-2-2013
22061068@unknown@formal@none@1@S@Carnival Cruise Lines Class A dropped 1 to 21 1/8 on 331,400 shares.@@@@1@13@@oe@2-2-2013
22061069@unknown@formal@none@1@S@Amex issues with big percentage price gains included two Eastern Air Lines preferred stocks, reacting to the news about improved recovery in flight schedules after the company filed for bankruptcy protection.@@@@1@31@@oe@2-2-2013
22061070@unknown@formal@none@1@S@Eastern's Class F preferred rose 12%, or 1 1/4, to 11 3/4; the Class E preferred gained 7%, or 5/8, to 10 1/4.@@@@1@23@@oe@2-2-2013
22061071@unknown@formal@none@1@S@The biggest percentage gainer on the Amex was Enviropact, which jumped 23%, or 5/8, to 3 3/8 on volume of 29,000 shares.@@@@1@22@@oe@2-2-2013
22061072@unknown@formal@none@1@S@On Monday, the company, a provider of environmental consulting services, reported a wider fiscal fourth-quarter loss and predicted a loss for its fiscal 1990 first quarter, but said a profit is expected for all of fiscal 1990.@@@@1@37@@oe@2-2-2013
22061073@unknown@formal@none@1@S@But its auditor, Ernst & Young, said Enviropact's financial situation raises "substantial doubt about its ability to continue as a going concern."@@@@1@22@@oe@2-2-2013
22061074@unknown@formal@none@1@S@Mission Resource Partners advanced 8%, or 1 3/8, to 18 7/8.@@@@1@11@@oe@2-2-2013
22061075@unknown@formal@none@1@S@Sonja Steptoe and David Wilson contributed to this article.@@@@1@9@@oe@2-2-2013
22062001@unknown@formal@none@1@S@ONE LIBERTY PROPERTIES Inc. declared a dividend of 40 cents a share on its $16.50 cumulative convertible preferred stock, payable Jan. 2 to stock of record Dec. 8.@@@@1@28@@oe@2-2-2013
22062002@unknown@formal@none@1@S@But directors of the Great Neck, N.Y., real estate investment trust didn't act on the common stock dividend.@@@@1@18@@oe@2-2-2013
22062003@unknown@formal@none@1@S@And they won't consider such a dividend, the trust added, before results are available for the first quarter of 1990.@@@@1@20@@oe@2-2-2013
22062004@unknown@formal@none@1@S@In part, the trust cited the need to retain cash for possible acquisitions.@@@@1@13@@oe@2-2-2013
22062005@unknown@formal@none@1@S@According to a spokesman, One Liberty will have paid out as dividends the required amount of its taxable income to maintain its legal status as a real estate investment trust.@@@@1@30@@oe@2-2-2013
22063001@unknown@formal@none@1@S@Banks are continuing to go after individual investors, despite falling interest rates.@@@@1@12@@oe@2-2-2013
22063002@unknown@formal@none@1@S@Yields on small-denomination certificates of deposit fell at about half the rate of so-called jumbo CDs this week, according to Banxquote Money Markets, an information service based here.@@@@1@28@@oe@2-2-2013
22063003@unknown@formal@none@1@S@Investors can get slightly higher yields on deposits below $50,000 than they can on deposits of $90,000 and up.@@@@1@19@@oe@2-2-2013
22063004@unknown@formal@none@1@S@"Banks want to remain competitive," said Norberto Mehl, chairman of Banxquote.@@@@1@11@@oe@2-2-2013
22063005@unknown@formal@none@1@S@"October is a big rollover month and perhaps they anticipate greater demand . . . among people leaving the stock market."@@@@1@21@@oe@2-2-2013
22063006@unknown@formal@none@1@S@Some bankers are reporting more inquiries than usual about CDs since Friday.@@@@1@12@@oe@2-2-2013
22063007@unknown@formal@none@1@S@"Reports from branches are that there has been greater interest in the last day or so," said Steven Braitman, a vice president at Chemical Bank in New York.@@@@1@28@@oe@2-2-2013
22063008@unknown@formal@none@1@S@Chemical said deposits Monday were about $5 million higher than usual and it expects more activity as investors receive the proceeds from sales of stock.@@@@1@25@@oe@2-2-2013
22063009@unknown@formal@none@1@S@"This is no time to be playing in the street . . .@@@@1@13@@oe@2-2-2013
22063010@unknown@formal@none@1@S@the Dow has more ups and downs than an elevator," proclaimed an advertisement Monday in New York newspapers, touting Lincoln Savings Bank's one-year CD.@@@@1@24@@oe@2-2-2013
22063011@unknown@formal@none@1@S@Harold Jones, Lincoln's chief retail banking officer, said there hasn't yet been "a discernible response," although the ad included a coupon that could arrive later in the week.@@@@1@28@@oe@2-2-2013
22063012@unknown@formal@none@1@S@Friday's market rout came smack in the middle of the heaviest month for CD rollovers, when a number of banks and thrifts already have promotions under way.@@@@1@27@@oe@2-2-2013
22063013@unknown@formal@none@1@S@First National Bank of Boston, for example, is offering certain new depositors an extra quarter of a percentage point on six-month and 12-month CDs.@@@@1@24@@oe@2-2-2013
22063014@unknown@formal@none@1@S@Some banks actually boosted yields on the shortest term CDs in the latest week.@@@@1@14@@oe@2-2-2013
22063015@unknown@formal@none@1@S@New York's Citibank, for instance, increased the yield on small-denomination three-month CDs to 8% from 7.9%.@@@@1@16@@oe@2-2-2013
22063016@unknown@formal@none@1@S@On average, however, three-month CDs at major banks are yielding a tenth of a percentage point less than they were a week ago.@@@@1@23@@oe@2-2-2013
22063017@unknown@formal@none@1@S@Average yields on CDs aimed at individual investors fell less than half as much as yields on Treasury bills sold at Monday's auction.@@@@1@23@@oe@2-2-2013
22063018@unknown@formal@none@1@S@Six-month CDs of $50,000 and less yielded an average 8.02% in the week ended Tuesday, down from 8.10%, according to Banxquote.@@@@1@21@@oe@2-2-2013
22063019@unknown@formal@none@1@S@The yield on six-month T-bills fell to 7.82% on Monday, from 8.01% the week before.@@@@1@15@@oe@2-2-2013
22063020@unknown@formal@none@1@S@Meanwhile, the average yield on six-month CDs of more than $90,000 fell to 7.93% in the latest week, according to Banxquote, from 8.10% the week before.@@@@1@26@@oe@2-2-2013
22063021@unknown@formal@none@1@S@Mr. Mehl noted that actual rates are almost identical on small and large-denomination CDs, but yields on CDs aimed at the individual investor are boosted by more frequent compounding.@@@@1@29@@oe@2-2-2013
22063022@unknown@formal@none@1@S@CDs sold by major brokerage houses, which like jumbo CDs tend to closely follow interest rate trends, also posted larger drops in yields.@@@@1@23@@oe@2-2-2013
22063023@unknown@formal@none@1@S@A six-month, broker-sold CD, for example, was yielding an average 8.09% in the latest week, a fifth of a percentage point lower than the week before.@@@@1@26@@oe@2-2-2013
22063024@unknown@formal@none@1@S@In late April, when interest rates were at their recent highs, short-term CDs sold by brokers were offering yields half a percentage point or more higher than banks.@@@@1@28@@oe@2-2-2013
22063025@unknown@formal@none@1@S@CD yields are generally expected to fall further in coming weeks.@@@@1@11@@oe@2-2-2013
22063026@unknown@formal@none@1@S@"What happened in the stock market and the bigger trade deficit" reported yesterday "make it unlikely that short-term interest rates will rise" any time soon, said Mr. Mehl of Banxquote.@@@@1@30@@oe@2-2-2013
22063027@unknown@formal@none@1@S@"Even before the market drop, rates were down about half a percentage point," said Robert J. Hutchinson, senior vice president for retail marketing at Manufacturers Hanover Trust Co. in New York.@@@@1@31@@oe@2-2-2013
22063028@unknown@formal@none@1@S@"That puts pressure on CD rates.@@@@1@6@@oe@2-2-2013
22064001@unknown@formal@none@1@S@Conservatives have an important decision to make this fall.@@@@1@9@@oe@2-2-2013
22064002@unknown@formal@none@1@S@At the recent meetings of the World Bank and International Monetary Fund, the Bush administration announced its intention to decide by yearend the size of the next increase in the IMF's capital base.@@@@1@33@@oe@2-2-2013
22064003@unknown@formal@none@1@S@While the U.S. share of the increase probably will not reach the $12 billion or more implicit in the IMF's request for a doubling of its $90 billion capital, the administration probably will agree to a multibillion-dollar increase.@@@@1@38@@oe@2-2-2013
22064004@unknown@formal@none@1@S@This would be consistent with its unwavering support for the Brady Plan and G-7 exchange-rate intervention, and with its financial commitment to Mexico, Poland and others.@@@@1@26@@oe@2-2-2013
22064005@unknown@formal@none@1@S@The IMF has several reasons for requesting the increase.@@@@1@9@@oe@2-2-2013
22064006@unknown@formal@none@1@S@Its role in the economies of developing countries has grown steadily since the 1970s.@@@@1@14@@oe@2-2-2013
22064007@unknown@formal@none@1@S@The size and pace of disbursements will accelerate further under the Brady Plan, which promises larger and earlier disbursements to approved countries.@@@@1@22@@oe@2-2-2013
22064008@unknown@formal@none@1@S@At least three other factors have encouraged the IMF to insist on increased capital.@@@@1@14@@oe@2-2-2013
22064009@unknown@formal@none@1@S@First, it argues that its capital base must be increased in order to maintain its size relative to world financial markets, for which it feels some responsibility.@@@@1@27@@oe@2-2-2013
22064010@unknown@formal@none@1@S@Second, the World Bank's recent $75 billion capital increase -- $14 billion from the U.S. -- has left the IMF feeling less than first fiddle among international financial institutions.@@@@1@29@@oe@2-2-2013
22064011@unknown@formal@none@1@S@Third, the IMF would like to meet Japan's request for increased ownership (currently 4.5%).@@@@1@14@@oe@2-2-2013
22064012@unknown@formal@none@1@S@Japan has supported a larger role for the IMF in developing-country debt issues, and is an important financial resource for IMF-guided programs in developing countries.@@@@1@25@@oe@2-2-2013
22064013@unknown@formal@none@1@S@While international politics may argue for the capital increase, there is a clear economic case against it.@@@@1@17@@oe@2-2-2013
22064014@unknown@formal@none@1@S@Opponents of the increase argue that the IMF practices central planning while supporting ineffective governments.@@@@1@15@@oe@2-2-2013
22064015@unknown@formal@none@1@S@They question whether the IMF has any role in developing countries, given its original mandate to assist industrial countries in balance-of-payments emergencies.@@@@1@22@@oe@2-2-2013
22064016@unknown@formal@none@1@S@Opponents show that there are already more funds available than commendable reform efforts.@@@@1@13@@oe@2-2-2013
22064017@unknown@formal@none@1@S@They worry that new IMF funding of developing countries will simply end up substituting IMF debt for reschedulable commercial bank debt, a bad trade all around.@@@@1@26@@oe@2-2-2013
22064018@unknown@formal@none@1@S@They believe microeconomics, which addresses the problems of markets, investment climate and management practices, is the key to developing-country growth, not the IMF's Keynesian focus on trade deficits, quarterly targets and government debt.@@@@1@33@@oe@2-2-2013
22064019@unknown@formal@none@1@S@They point at the numerous developing-country governments that have inflated, taxed and regulated themselves into despair under successive IMF programs.@@@@1@20@@oe@2-2-2013
22064020@unknown@formal@none@1@S@Decisions on increases in the IMF's capital base traditionally are made by the administration, with subsequent authorization by Congress.@@@@1@19@@oe@2-2-2013
22064021@unknown@formal@none@1@S@The last U.S. congressional authorization, in 1983, was a political donnybrook and carried a $6 billion housing program along with it to secure adequate votes.@@@@1@25@@oe@2-2-2013
22064022@unknown@formal@none@1@S@The politics of the 1990 congressional authorization are likely to be similar to those of previous authorizations.@@@@1@17@@oe@2-2-2013
22064023@unknown@formal@none@1@S@Liberals may support the stabilizing, quasi-governmental role of the IMF on two conditions: that the administration give assurances that liberal Democrats' support will not be used against them in congressional re-election campaigns; and that the legislation address -- with dollars -- social and environmental concerns.@@@@1@45@@oe@2-2-2013
22064024@unknown@formal@none@1@S@Conservative Republicans will be given the choice of supporting or fighting their party's popular president in an election year.@@@@1@19@@oe@2-2-2013
22064025@unknown@formal@none@1@S@A U.S. decision to refuse the IMF its capital increase, or limit it to 25%, would bring a major change in international economic policy, and could not be taken lightly.@@@@1@30@@oe@2-2-2013
22064026@unknown@formal@none@1@S@Commentators would fret over the implications for the G-7 coordination process and the stability of world financial markets.@@@@1@18@@oe@2-2-2013
22064027@unknown@formal@none@1@S@Because commercial banks and the developing-country governments believe they will get a piece of any capital increase, a scaled-down IMF mission would leave both feeling shortchanged.@@@@1@26@@oe@2-2-2013
22064028@unknown@formal@none@1@S@Furthermore, a U.S. rejection of the capital increase (and transfer of shares to Japan) would give Japan an argument against future calls for economic burden-sharing.@@@@1@25@@oe@2-2-2013
22064029@unknown@formal@none@1@S@On the other hand, a decision to increase the IMF's capital would reinforce the central economic role of multilateral institutions in developing countries.@@@@1@23@@oe@2-2-2013
22064030@unknown@formal@none@1@S@With the increase, even more developing-country energy and talent would be diverted from creating profitable economic systems to setting up economic planning ministries that generate IMF-approved economic plans.@@@@1@28@@oe@2-2-2013
22064031@unknown@formal@none@1@S@Upping the ante could slow economic development even further, as countries delay market-opening steps in anticipation of richer multilateral support.@@@@1@20@@oe@2-2-2013
22064032@unknown@formal@none@1@S@Conservatives should take a position prior to the administration's year-end deadline.@@@@1@11@@oe@2-2-2013
22064033@unknown@formal@none@1@S@The issues are too important to be left to the financial and budget ministries fighting over the size of the capital increase, rather than its purpose.@@@@1@26@@oe@2-2-2013
22064034@unknown@formal@none@1@S@If conservatives don't support an increase in the IMF's capital, then it is incumbent on them to speak up now and explain the alternative.@@@@1@24@@oe@2-2-2013
22064035@unknown@formal@none@1@S@Mr. Malpass directs the Republican staff of the Joint Economic Committee of Congress.@@@@1@13@@oe@2-2-2013
22065001@unknown@formal@none@1@S@The Chicago Mercantile Exchange fined and suspended two commodities traders accused of making prearranged trades with each other that allegedly cheated a customer.@@@@1@23@@oe@2-2-2013
22065002@unknown@formal@none@1@S@Merc officials said Gary N. Roberts was disciplined following the exchange's investigation of his trading in several commodities pits from July to November 1988.@@@@1@24@@oe@2-2-2013
22065003@unknown@formal@none@1@S@The Merc said Mr. Roberts withheld from the market certain orders in cooperation with another trader, David Stein.@@@@1@18@@oe@2-2-2013
22065004@unknown@formal@none@1@S@The Merc fined Mr. Roberts $15,000 and suspended his trading membership for three years.@@@@1@14@@oe@2-2-2013
22065005@unknown@formal@none@1@S@Also, he and Mr. Stein were ordered to make restitution of $35,000 to a customer.@@@@1@15@@oe@2-2-2013
22065006@unknown@formal@none@1@S@Mr. Stein was fined $25,000 and suspended for three years.@@@@1@10@@oe@2-2-2013
22065007@unknown@formal@none@1@S@Messrs. Roberts and Stein couldn't be reached for comment.@@@@1@9@@oe@2-2-2013
22065008@unknown@formal@none@1@S@The Merc said that as part of the disciplinary settlement, neither man admitted, nor denied the alleged violations.@@@@1@18@@oe@2-2-2013
22065009@unknown@formal@none@1@S@Neither was among the 46 traders indicted last August in a federal investigation of traders at both the Merc and the Chicago Board of Trade.@@@@1@25@@oe@2-2-2013
22066001@unknown@formal@none@1@S@In a move that could pose a new competitive challenge to Time Warner Inc.'s powerful Home Box Office, cable giant Tele-Communications Inc. agreed to buy half of Showtime Networks Inc. from Viacom Inc. for $225 million.@@@@1@36@@oe@2-2-2013
22066002@unknown@formal@none@1@S@The purchase comes after nearly three years of on-again off-again talks between TCI and Viacom, which has also discussed the sale of an interest in Showtime with other cable operators.@@@@1@30@@oe@2-2-2013
22066003@unknown@formal@none@1@S@Showtime is a distant No. 2 to Home Box Office, and in May filed a $2.5 billion antitrust suit against Time Warner, charging the company and its HBO and American Television cable units with conspiring to monopolize the pay TV business.@@@@1@41@@oe@2-2-2013
22066004@unknown@formal@none@1@S@HBO has close to 24 million subscribers to its HBO and Cinemax networks, while Showtime and its sister service, The Movie Channel, have only about 10 million, according to Paul Kagan Associates, a Carmel, Calif., research firm.@@@@1@37@@oe@2-2-2013
22066005@unknown@formal@none@1@S@For TCI, the investment in Showtime puts it in an unusual position; as the largest cable operator, with control of close to 12 million of the nation's 52 million cable subscribers, TCI is HBO's largest customer.@@@@1@36@@oe@2-2-2013
22066006@unknown@formal@none@1@S@But TCI President John Malone has long been concerned about HBO's dominance of the pay TV business, and has been eager to keep Showtime as a healthy competitor.@@@@1@28@@oe@2-2-2013
22066007@unknown@formal@none@1@S@"It is important to the cable industry that we have a vibrant and competitive pay-television marketplace," Mr. Malone said in a statement.@@@@1@22@@oe@2-2-2013
22066008@unknown@formal@none@1@S@In a telephone interview, Robert Thomson, TCI senior vice president, said Showtime's suit against HBO "doesn't involve us, and nothing we're doing here bears any relationship to that."@@@@1@28@@oe@2-2-2013
22066009@unknown@formal@none@1@S@He added, "We don't intend to be drawn into it," noting that TCI won't play any active role in the management of Showtime.@@@@1@23@@oe@2-2-2013
22066010@unknown@formal@none@1@S@Linking up Showtime with the largest cable operator in the U.S. could sharply boost its subscribers.@@@@1@16@@oe@2-2-2013
22066011@unknown@formal@none@1@S@TCI said it may bring in other cable operators as investors, a practice it has employed in the past with investments in other cable networks, such as The Discovery Channel.@@@@1@30@@oe@2-2-2013
22066012@unknown@formal@none@1@S@Additional cable partners could boost subscribers even further.@@@@1@8@@oe@2-2-2013
22066013@unknown@formal@none@1@S@Time Warner declined comment.@@@@1@4@@oe@2-2-2013
22066014@unknown@formal@none@1@S@In addition to owning HBO, Time Warner owns American Television & Communications Inc., the nation's second largest cable operator after TCI.@@@@1@21@@oe@2-2-2013
22066015@unknown@formal@none@1@S@Viacom also owns cable systems, but it is the 14th largest operator of such systems, with less than one million subscribers.@@@@1@21@@oe@2-2-2013
22066016@unknown@formal@none@1@S@The TCI investment is a big victory for Viacom's chief executive officer, Frank Biondi, and Winston H. Cox, president of the Showtime unit.@@@@1@23@@oe@2-2-2013
22066017@unknown@formal@none@1@S@"This takes any question of Showtime's viability and puts it away once and for all," Mr. Biondi said in a telephone interview.@@@@1@22@@oe@2-2-2013
22066018@unknown@formal@none@1@S@The fight between HBO and Showtime is particularly acrimonious because Mr. Biondi is the former chief executive of HBO, and Mr. Cox served as chief of marketing for the service.@@@@1@30@@oe@2-2-2013
22066019@unknown@formal@none@1@S@They were both hired by Sumner Redstone, the Boston billionaire who took control of Viacom three years ago in a leveraged buy-out.@@@@1@22@@oe@2-2-2013
22066020@unknown@formal@none@1@S@Time Warner has vigorously denied all of Viacom's allegations.@@@@1@9@@oe@2-2-2013
22067001@unknown@formal@none@1@S@Boeing Co., already struck by its Machinists union, briefly called off contract talks with its engineers and labeled their demands "grossly excessive."@@@@1@22@@oe@2-2-2013
22067002@unknown@formal@none@1@S@Later, however, the company agreed to meet on Monday with the Seattle Professional Engineering Employees Association after a federal mediator intervened, according to the union.@@@@1@25@@oe@2-2-2013
22067003@unknown@formal@none@1@S@A spokesman for the engineers said the company asked the union to reduce its demands, which included a 19% pay hike in the first year and 8% in the second and third years.@@@@1@33@@oe@2-2-2013
22067004@unknown@formal@none@1@S@The union represents about 28,000 engineers and technical workers.@@@@1@9@@oe@2-2-2013
22067005@unknown@formal@none@1@S@Its contract expires Dec. 1.@@@@1@5@@oe@2-2-2013
22067006@unknown@formal@none@1@S@Meanwhile, a federal mediator is scheduled to meet today with Boeing officials and representatives of 55,000 striking Machinists.@@@@1@18@@oe@2-2-2013
22067007@unknown@formal@none@1@S@"It will take several meetings to resolve this," said a spokesman for the Machinists union.@@@@1@15@@oe@2-2-2013
22067008@unknown@formal@none@1@S@"We don't want to bring back something the members will reject."@@@@1@11@@oe@2-2-2013
22067009@unknown@formal@none@1@S@Machinists already have rejected a package that would have provided a 10% pay raise plus bonuses over the three-year life of the contract.@@@@1@23@@oe@2-2-2013
22067010@unknown@formal@none@1@S@It also would have reduced mandatory overtime.@@@@1@7@@oe@2-2-2013
22068001@unknown@formal@none@1@S@Investor Asher Edelman increased his stake in Intelogic Trace Inc. and cleared the way for additional purchases.@@@@1@17@@oe@2-2-2013
22068002@unknown@formal@none@1@S@It wasn't clear, however, whether the actions were related to a battle between the corporate raider and New York attorney Martin Ackerman for control of Datapoint Corp., a San Antonio, Texas-based data-processing systems maker.@@@@1@34@@oe@2-2-2013
22068003@unknown@formal@none@1@S@Intelogic Trace, a computer services company, was spun off to Datapoint holders in 1985, after Mr. Edelman gained control.@@@@1@19@@oe@2-2-2013
22068004@unknown@formal@none@1@S@After Mr. Ackerman announced he was soliciting consents from shareholders in order to wrest control of Datapoint from Mr. Edelman, the corporate raider purchased 30% of Datapoint's shares.@@@@1@28@@oe@2-2-2013
22068005@unknown@formal@none@1@S@In a Securities and Exchange Commission filing, Mr. Edelman said from Sept. 29 to Oct. 13, he acquired 309,500 shares of Intelogic common shares for $2.25 to $2.375 each.@@@@1@29@@oe@2-2-2013
22068006@unknown@formal@none@1@S@The purchases increased his stake to 16.2% of the shares outstanding.@@@@1@11@@oe@2-2-2013
22068007@unknown@formal@none@1@S@The filing also said certain provisions which apply to persons acquiring 20% or more of Intelogic common stock, were waived by Intelogic for Mr. Edelman, who is chairman of the company.@@@@1@31@@oe@2-2-2013
22068008@unknown@formal@none@1@S@Mr. Edelman couldn't be reached for comment.@@@@1@7@@oe@2-2-2013
22069001@unknown@formal@none@1@S@The federal government should make free, voluntary testing for the AIDS virus the cornerstone of an expanded campaign to stop the spread of acquired immune deficiency syndrome, the Hudson Institute recommended.@@@@1@31@@oe@2-2-2013
22069002@unknown@formal@none@1@S@"By encouraging massive, routine, voluntary testing we can enable society to voluntarily segregate itself sexually into two groups: those who carry the virus and those who do not," the Indianapolis research organization said in a new report.@@@@1@37@@oe@2-2-2013
22069003@unknown@formal@none@1@S@The report takes a more alarmed view of AIDS and recommends a more sweeping response than many other analyses.@@@@1@19@@oe@2-2-2013
22069004@unknown@formal@none@1@S@It warns that the AIDS epidemic "may reduce the rate of growth of the work force, curb productivity gains and slow economic growth."@@@@1@23@@oe@2-2-2013
22069005@unknown@formal@none@1@S@It contends that current government policy is failing to stem the AIDS epidemic because it suggests the use of condoms can make sex "safe."@@@@1@24@@oe@2-2-2013
22069006@unknown@formal@none@1@S@But the report says: "The only safe sex is sex between uninfected partners," and testing is the only way to learn of infection.@@@@1@23@@oe@2-2-2013
22069007@unknown@formal@none@1@S@Hudson's researchers estimated that it would cost less than $650 million a year to test the entire population between the ages of 12 and 65 years old.@@@@1@27@@oe@2-2-2013
22069008@unknown@formal@none@1@S@In addition, the report recommends that federal and state governments provide free treatment to all who test positive.@@@@1@18@@oe@2-2-2013
22070001@unknown@formal@none@1@S@An unexpectedly sharp widening in the U.S. trade gap for August dragged the dollar lower Tuesday, but profit-taking on short positions helped the currency rebound to close mixed against major counterparts.@@@@1@31@@oe@2-2-2013
22070002@unknown@formal@none@1@S@While the market kept careful tabs on Wall Street's gyrations, it shrugged off a modest downturn in equities to bid the dollar well above the day's lows.@@@@1@27@@oe@2-2-2013
22070003@unknown@formal@none@1@S@Soon after the release of the U.S. trade figures, the dollar plunged to an intraday low of 140.95 yen.@@@@1@19@@oe@2-2-2013
22070004@unknown@formal@none@1@S@It also declined against the mark but didn't reach its intraday low of 1.8435 marks until two hours later.@@@@1@19@@oe@2-2-2013
22070005@unknown@formal@none@1@S@The unit stabilized about midday New York time at around 1.85 marks and 141 yen, prompting unconfirmed rumors that the U.S. Federal Reserve had intervened to blunt the unit's tumble.@@@@1@30@@oe@2-2-2013
22070006@unknown@formal@none@1@S@The dollar finished at its intraday highs.@@@@1@7@@oe@2-2-2013
22070007@unknown@formal@none@1@S@Dealers noted that the foreign exchange market's initial bearish reaction to the U.S. trade figures was tempered later by a "calmer reassessment of the data."@@@@1@25@@oe@2-2-2013
22070008@unknown@formal@none@1@S@The U.S. Commerce Department reported a $10.77 billion deficit in August, compared with a revised July deficit of $8.24 billion.@@@@1@20@@oe@2-2-2013
22070009@unknown@formal@none@1@S@Economists had expected a $9.1 billion gap.@@@@1@7@@oe@2-2-2013
22070010@unknown@formal@none@1@S@The August figure reflected a 6.4% rise in imports and a 0.2% drop in exports.@@@@1@15@@oe@2-2-2013
22070011@unknown@formal@none@1@S@Marc M. Goloven, an economist with Manufacturers Hanover Trust in New York, said that while the figures appear to indicate a sadly deteriorating U.S. trade performance, there's still enough positive news in the data to justify buying dollars.@@@@1@38@@oe@2-2-2013
22070012@unknown@formal@none@1@S@He said that while the U.S. trade gap with Canada has widened significantly, the trade deficit with Western Europe and Japan continues to narrow.@@@@1@24@@oe@2-2-2013
22070013@unknown@formal@none@1@S@And he added that manufactured goods exports are still rising.@@@@1@10@@oe@2-2-2013
22070014@unknown@formal@none@1@S@The dollar's near-term path remains foggy, according to currencny analysts, who characterize the market as "bewildering."@@@@1@16@@oe@2-2-2013
22070015@unknown@formal@none@1@S@In late New York trading yesterday, the dollar was quoted at 1.8667 marks, down from 1.8685 marks late Monday, and at 142.75 yen, up from 141.85 yen late Monday.@@@@1@29@@oe@2-2-2013
22070016@unknown@formal@none@1@S@Sterling was unchanged at $1.5753.@@@@1@5@@oe@2-2-2013
22070017@unknown@formal@none@1@S@In Tokyo Wednesday, the U.S. currency opened for trading at 142.55 yen, unchanged from Tuesday's Tokyo close.@@@@1@17@@oe@2-2-2013
22070018@unknown@formal@none@1@S@Later, the U.S. currency fell to about 142.25 yen on news reports of the San Francisco earthquake.@@@@1@17@@oe@2-2-2013
22070019@unknown@formal@none@1@S@Some analysts remain bullish and point out that the dollar continues to be well bid despite key rate increases in Europe and Japan, several weeks of aggressive dollar sales by the world central banks -- some traders estimate that the barrage of sales topped $12 billion -- and a 190-point plunge on the New York Stock Exchange.@@@@1@57@@oe@2-2-2013
22070020@unknown@formal@none@1@S@They note that the U.S. unit is trading at the upper end of the presumed target zones established by the Group of Seven trading partners.@@@@1@25@@oe@2-2-2013
22070021@unknown@formal@none@1@S@The G-7 comprises West Germany, the U.S., France, the U.K., Italy, Canada and Japan.@@@@1@14@@oe@2-2-2013
22070022@unknown@formal@none@1@S@The so-called Louvre accord was seen to have set ranges of 1.70 marks to 1.90 marks and 120 yen to 140 yen.@@@@1@22@@oe@2-2-2013
22070023@unknown@formal@none@1@S@They say that the recent injection of liquidity into the U.S. banking system has been modest, and they don't anticipate significant easing by the U.S. Federal Reserve.@@@@1@27@@oe@2-2-2013
22070024@unknown@formal@none@1@S@The Fed arranged $1.5 billion of customer repurchase agreements Tuesday, the second repurchase agreement in two days.@@@@1@17@@oe@2-2-2013
22070025@unknown@formal@none@1@S@The move, which injects capital into the system, is seen as an effort to reassure the finanicial markets that the U.S. central bank is ready to provide the ample liquidity.@@@@1@30@@oe@2-2-2013
22070026@unknown@formal@none@1@S@But other analysts contend that while the Fed's move to loosen credit hasn't been aggressive, it nevertheless sends a clear signal that, at least for now, the Fed has relaxed its grip on credit.@@@@1@34@@oe@2-2-2013
22070027@unknown@formal@none@1@S@They add that the Fed has allowed the key federal funds interest rate to dip to about 8 5/8% from its levels of just below 9% last week.@@@@1@28@@oe@2-2-2013
22070028@unknown@formal@none@1@S@The federal funds rate is the overnight lending rate that banks charge each other.@@@@1@14@@oe@2-2-2013
22070029@unknown@formal@none@1@S@Market participants said that the mark continues to post the most significant gains against the dollar.@@@@1@16@@oe@2-2-2013
22070030@unknown@formal@none@1@S@On the Commodity Exchange in New York, gold for current delivery settled at $367.40 an ounce, up 10 cents.@@@@1@19@@oe@2-2-2013
22070031@unknown@formal@none@1@S@Estimated volume was a moderate 3.5 million ounces.@@@@1@8@@oe@2-2-2013
22070032@unknown@formal@none@1@S@In early trading in Hong Kong Wednesday, gold was at $366.55 an ounce.@@@@1@13@@oe@2-2-2013
22071001@unknown@formal@none@1@S@National Semiconductor Corp. said it settled a four-year-old patent infringement case against Linear Technology Corp. by accepting a $3 million payment from Linear in exchange for granting Linear irrevocable licenses for all products involved.@@@@1@34@@oe@2-2-2013
22071002@unknown@formal@none@1@S@The two companies also agreed to settle any future property rights issues over the next 10 years through binding arbitration, both companies said.@@@@1@23@@oe@2-2-2013
22071003@unknown@formal@none@1@S@The products are so-called analog integrated circuits that have applications in the consumer electronics, automobile and electronic instrumentation markets.@@@@1@19@@oe@2-2-2013
22071004@unknown@formal@none@1@S@Linear Technology, Milpitas, Calif., called the settlement "positive," since products covered by the disputed patents account for about 20% of its annual sales.@@@@1@23@@oe@2-2-2013
22071005@unknown@formal@none@1@S@The electronics concern said it already has paid $2 million of the settlement to National Semiconductor, Santa Clara, Calif., and will pay the remaining $1 million in equal installments over the next eight quarters.@@@@1@34@@oe@2-2-2013
22071006@unknown@formal@none@1@S@The payments aren't expected to have an impact on coming operating results, Linear added.@@@@1@14@@oe@2-2-2013
22072001@unknown@formal@none@1@S@NBC's winning streak has been canceled.@@@@1@6@@oe@2-2-2013
22072002@unknown@formal@none@1@S@The National Broadcasting Co., a unit of General Electric Co., had its record-breaking 68-week reign as the prime-time ratings leader snapped yesterday by ABC-TV, a subsidiary of Capital Cities/ABC Inc.@@@@1@30@@oe@2-2-2013
22072003@unknown@formal@none@1@S@In the ratings compiled by the A.C. Nielsen Co., ABC, which broadcast the World Series, topped the competition with a 14.8 rating and 25 share.@@@@1@25@@oe@2-2-2013
22072004@unknown@formal@none@1@S@NBC was second with a 13.9 rating and 24 share followed by CBS Inc.'s television network with a 12.5 rating and 21 share.@@@@1@23@@oe@2-2-2013
22072005@unknown@formal@none@1@S@(A ratings point represents 904,000 television households; shares indicate the percentage of sets in use.)@@@@1@15@@oe@2-2-2013
22072006@unknown@formal@none@1@S@The first two games of the World Series between the Oakland Athletics and San Francisco Giants didn't finish in the top 10; instead they landed in 16th and 18th place.@@@@1@30@@oe@2-2-2013
22072007@unknown@formal@none@1@S@The highest-rated show continues to be ABC's "Roseanne."@@@@1@8@@oe@2-2-2013
22072008@unknown@formal@none@1@S@NBC had five of the top 10 shows; ABC had four and CBS had one.@@@@1@15@@oe@2-2-2013
22072009@unknown@formal@none@1@S@CBS held the previous record for consecutive No. 1 victories -- 46 weeks -- during the 1962-63 season.@@@@1@18@@oe@2-2-2013
22073001@unknown@formal@none@1@S@Procter & Gamble Co., Cincinnati, expanding its presence in the food service market, said it acquired Maryland Club Foods, a coffee supplier, from an investor group led by F. Philip Handy of Winter Park, Fla.@@@@1@35@@oe@2-2-2013
22073002@unknown@formal@none@1@S@Terms weren't disclosed.@@@@1@3@@oe@2-2-2013
22073003@unknown@formal@none@1@S@Houston-based Maryland Club Foods, which had sales of about $200 million last year, sells coffee under the Maryland Club and Butter-Nut brands to restaurants, hotels, offices and airlines.@@@@1@28@@oe@2-2-2013
22073004@unknown@formal@none@1@S@The acquisition "gives us additional production capacity for the food service coffee business and a stronger distribution network," a P&G spokesman said.@@@@1@22@@oe@2-2-2013
22073005@unknown@formal@none@1@S@P&G already sells its Folgers ground roast coffee to food service concerns, but not to as many markets as Maryland Club.@@@@1@21@@oe@2-2-2013
22073006@unknown@formal@none@1@S@For example, P&G up until now hasn't sold coffee to airlines and does only limited business with hotels and large restaurant chains.@@@@1@22@@oe@2-2-2013
22073007@unknown@formal@none@1@S@Maryland Club also distributes tea, which fits well with P&G's Tender Leaf brand, and hot cocoa products.@@@@1@17@@oe@2-2-2013
22073008@unknown@formal@none@1@S@The company said the acquisition has been completed and reviewed by the Federal Trade Commission.@@@@1@15@@oe@2-2-2013
22073009@unknown@formal@none@1@S@The purchase includes a coffee-roasting plant in Omaha, Neb., and a leased facility in Houston.@@@@1@15@@oe@2-2-2013
22074001@unknown@formal@none@1@S@MACMILLAN BLOEDEL Ltd. said it borrowed 215 million Dutch guilders (US$102 million) from a group of Dutch institutional investors.@@@@1@19@@oe@2-2-2013
22074002@unknown@formal@none@1@S@MacMillan Bloedel, a Vancouver, British Columbia, forest products concern, said the 8.1% loan is due Oct. 16, 1996.@@@@1@18@@oe@2-2-2013
22074003@unknown@formal@none@1@S@Funds will be used to repay existing short-term debt and to finance capital spending, it said.@@@@1@16@@oe@2-2-2013
22075001@unknown@formal@none@1@S@President Bush will veto a bill funding the Departments of Labor, Education and Health and Human Services because it would allow federal funding of abortions for victims of rape and incest, the White House said.@@@@1@35@@oe@2-2-2013
22075002@unknown@formal@none@1@S@Mr. Bush had threatened a veto previously.@@@@1@7@@oe@2-2-2013
22075003@unknown@formal@none@1@S@But he put off a firm decision while his aides and legislators searched for a compromise that would tighten requirements for such abortions in a way acceptable to the president.@@@@1@30@@oe@2-2-2013
22075004@unknown@formal@none@1@S@White House Press Secretary Marlin Fitzwater said negotiations between Bush aides and lawmakers ended Monday without success.@@@@1@17@@oe@2-2-2013
22075005@unknown@formal@none@1@S@Most lawmakers think it will be extremely difficult for Mr. Bush's opponents on the abortion issue to round up the votes needed to override the veto.@@@@1@26@@oe@2-2-2013
22075006@unknown@formal@none@1@S@But there still may be prolonged debate and political maneuvering that holds up the $156.7 billion funding bill for the fiscal year that began Oct. 1.@@@@1@26@@oe@2-2-2013
22075007@unknown@formal@none@1@S@Mr. Bush has said he personally approves of abortions in the cases of rape, incest and danger to the life of the mother.@@@@1@23@@oe@2-2-2013
22075008@unknown@formal@none@1@S@But he has opposed Medicaid funding of abortions for poor women who say they are victims of rape and incest, arguing that those exceptions are enforced so loosely that they open the way for abortions for other women.@@@@1@38@@oe@2-2-2013
22076001@unknown@formal@none@1@S@NEWSPAPERS:@@@@1@1@@oe@2-2-2013
22076002@unknown@formal@none@1@S@Media General Inc. intends to sell two of its West Coast weekly newspaper chains, Golden West Publishing Inc. and Highlander Publications, which together comprise 31 papers.@@@@1@26@@oe@2-2-2013
22076003@unknown@formal@none@1@S@Media General said it has had inquiries from potential buyers and expects to complete a sale in 1989.@@@@1@18@@oe@2-2-2013
22076004@unknown@formal@none@1@S@It wouldn't discuss a price.@@@@1@5@@oe@2-2-2013
22076005@unknown@formal@none@1@S@Lee Dirks & Associates is to sell the chains.@@@@1@9@@oe@2-2-2013
22077001@unknown@formal@none@1@S@J.P. Morgan & Co., New York, will help the statutory managers of DFC New Zealand Ltd. to evaluate the failed investment bank's condition.@@@@1@23@@oe@2-2-2013
22077002@unknown@formal@none@1@S@Earlier this month, the Reserve Bank of New Zealand, the country's central bank, appointed the managers to run the investment bank and pay creditors.@@@@1@24@@oe@2-2-2013
22077003@unknown@formal@none@1@S@DFC asked the central bank to appoint managers after it revised loan-loss provisions to around the same level of shareholders' funds of 180 million New Zealand dollars (US$105.4 million).@@@@1@29@@oe@2-2-2013
22077004@unknown@formal@none@1@S@DFC is held 80% by National Provident Fund, New Zealand's largest pension fund, and 20% by Salomon Brothers Inc., the investment-bank and securities-firm subsidiary of Salomon Inc. in New York.@@@@1@30@@oe@2-2-2013
22077005@unknown@formal@none@1@S@A spokeswoman for J.P. Morgan, parent of the bank Morgan Guaranty Trust Co., confirmed its appointment to assist the managers but declined to elaborate.@@@@1@24@@oe@2-2-2013
22077006@unknown@formal@none@1@S@The managers said in a brief statement yesterday that Morgan will help evaluate DFC's position and help determine alternatives.@@@@1@19@@oe@2-2-2013
22077007@unknown@formal@none@1@S@The managers don't expect to complete the evaluation until Nov. 30.@@@@1@11@@oe@2-2-2013
22078001@unknown@formal@none@1@S@An experimental vaccine can alter the immune response of people infected with the AIDS virus, a prominent U.S. scientist said.@@@@1@20@@oe@2-2-2013
22078002@unknown@formal@none@1@S@However, that doesn't mean they can benefit from the vaccine.@@@@1@10@@oe@2-2-2013
22078003@unknown@formal@none@1@S@Its effectiveness can't be determined until a large clinical trial is undertaken by the Army in January, according to Robert Redfield, chief of acquired immune deficiency syndrome research at Walter Reed Army Institute of Research.@@@@1@35@@oe@2-2-2013
22078004@unknown@formal@none@1@S@Dr. Redfield's report on early experiments using an AIDS vaccine made by MicroGeneSys Inc. of West Haven, Conn., came at a meeting of AIDS vaccine researchers in Florida late Monday.@@@@1@30@@oe@2-2-2013
22078005@unknown@formal@none@1@S@The vaccine, VaxSyn HIV-1, has been safely given to 14 people, some of whom are experiencing substantial increases in certain antibodies.@@@@1@21@@oe@2-2-2013
22078006@unknown@formal@none@1@S@"The conventional wisdom used to be that you couldn't modify the immune response of an infected individual" by innoculating them with synthetic viral proteins, Dr. Redfield said.@@@@1@27@@oe@2-2-2013
22078007@unknown@formal@none@1@S@"We've demonstrated that you can."@@@@1@5@@oe@2-2-2013
22078008@unknown@formal@none@1@S@He said certain volunteers developed kinds of antibodies associated with early AIDS.@@@@1@12@@oe@2-2-2013
22078009@unknown@formal@none@1@S@Other antibodies sparked by the preparation are of a sort rarely present in large quantities in infected or ill individuals, he added.@@@@1@22@@oe@2-2-2013
22078010@unknown@formal@none@1@S@One of the mysteries of AIDS remains why infected people produce large quantities of antibodies, but deteriorate nonetheless.@@@@1@18@@oe@2-2-2013
22079001@unknown@formal@none@1@S@Cross & Trecker Corp. said it reached an agreement to sell its Wiedemann division to recently created Murata Wiedemann Inc., a U.S. affiliate of Murata Machinery Ltd. of Kyoto, Japan.@@@@1@30@@oe@2-2-2013
22079002@unknown@formal@none@1@S@The agreement also includes the purchase of Cross & Trecker's Warner & Swasey (Switzerland) AG unit by a European affiliate of Murata Machinery.@@@@1@23@@oe@2-2-2013
22079003@unknown@formal@none@1@S@Cross & Trecker is also selling its equity interest in a Japanese joint venture, Murata Warner Swasey, to Murata Machinery.@@@@1@20@@oe@2-2-2013
22079004@unknown@formal@none@1@S@Cross & Trecker, a Bloomfield Hills, Mich., machine-tool maker, said the net sales price of the total transaction is $24 million.@@@@1@21@@oe@2-2-2013
22079005@unknown@formal@none@1@S@The Wiedemann division was one of three businesses put up for sale in Cross & Trecker's restructuring program announced in July.@@@@1@21@@oe@2-2-2013
22079006@unknown@formal@none@1@S@Cross & Trecker said negotiations are under way for the sale of another company, RobertsCorp.@@@@1@15@@oe@2-2-2013
22080001@unknown@formal@none@1@S@The average interest rate fell to 8.292% at Citicorp's $50 million weekly auction of 91-day commercial paper, or corporate IOUs, from 8.483% at last week's sale.@@@@1@26@@oe@2-2-2013
22080002@unknown@formal@none@1@S@Bids totaling $465 million were submitted, and accepted bids were at 8.292%.@@@@1@12@@oe@2-2-2013
22080003@unknown@formal@none@1@S@Citicorp also said that the average rate fell to 7.986% at its $50 million auction of 182-day commercial paper from 8.1255% at last week's sale.@@@@1@25@@oe@2-2-2013
22080004@unknown@formal@none@1@S@Bids totaling $415 million were submitted, and accepted bids were at 7.986%.@@@@1@12@@oe@2-2-2013
22080005@unknown@formal@none@1@S@The bank holding company will auction another $50 million of commercial paper in each maturity next Tuesday.@@@@1@17@@oe@2-2-2013
22081001@unknown@formal@none@1@S@Matra S.A. reported its 1989 first-half profit soared 88%, and indicated that its previous estimate of a 50% rise in earnings for all of 1989 will be exceeded by a wide margin.@@@@1@32@@oe@2-2-2013
22081002@unknown@formal@none@1@S@The French electronics and defense group said attributable consolidated net profit for the first six months of 1989 totaled 244 million francs ($38.4 million), compared with 130 million francs ($20.5 million) in the corresponding period of@@@@1@36@@oe@2-2-2013
22081003@unknown@formal@none@1@S@Operating profit climbed 51%, to 572 million francs from 378 million in the first half of 1988.@@@@1@17@@oe@2-2-2013
22081004@unknown@formal@none@1@S@Matra said the sharp improvement in net profit partly reflected a decline of 59 million francs in the group's net loss from nonrecurring items in the first half of this year to 104 million francs from 163 million a year earlier.@@@@1@41@@oe@2-2-2013
22081005@unknown@formal@none@1@S@There was also a decline in the group's net financial costs to 25 million francs from 50 million a year before.@@@@1@21@@oe@2-2-2013
22081006@unknown@formal@none@1@S@These movements were offset, however, by a steep rise in corporate income tax payments to 199 million francs from 35 million in the first six months of 1988.@@@@1@28@@oe@2-2-2013
22081007@unknown@formal@none@1@S@Matra said the sharp rise in its first-half earnings was based on a 15% gain in consolidated revenue to 10.16 billion francs from 8.85 billion a year earlier.@@@@1@28@@oe@2-2-2013
22082001@unknown@formal@none@1@S@Rep. Lee Hamilton (D., Ind.) said he and Rep. Byron Dorgan (D., N.D.) are backing away from their proposal to make the Treasury Secretary a voting member of the Federal Reserve panel that sets monetary policy.@@@@1@36@@oe@2-2-2013
22082002@unknown@formal@none@1@S@Rep. Hamilton said the bill will be modified substantially to call for two meetings each year between the Fed's open market committee and the Treasury Secretary, the chairman of the Council of Economic Advisers and the director of the Office of Management and Budget.@@@@1@44@@oe@2-2-2013
22082003@unknown@formal@none@1@S@The original bill was strongly opposed by the Fed and publicly criticized by friends of the Fed as an attempt to undermine the central bank's independence.@@@@1@26@@oe@2-2-2013
22082004@unknown@formal@none@1@S@Fed critics, however, hailed it as a long overdue attempt to bring a measure of openness and democracy to the setting of monetary policy.@@@@1@24@@oe@2-2-2013
22082005@unknown@formal@none@1@S@Rep. Hamilton said the purpose of the meetings would be to "improve communications and perhaps coordination between the executive branch and the Fed."@@@@1@23@@oe@2-2-2013
22082006@unknown@formal@none@1@S@Fed Chairman Alan Greenspan meets regularly for lunch with Treasury Secretary Nicholas Brady and talks frequently with Budget Director Richard Darman and Michael Boskin, chairman of the Council of Economic Advisers.@@@@1@31@@oe@2-2-2013
22082007@unknown@formal@none@1@S@The administration officials don't ordinarily meet with the entire membership of the open market committee.@@@@1@15@@oe@2-2-2013
22083001@unknown@formal@none@1@S@B.F. Goodrich Co. said third-quarter profits dropped 34% because of lower prices for polyvinyl chloride materials, the company's largest product group.@@@@1@21@@oe@2-2-2013
22083002@unknown@formal@none@1@S@Net fell to $40.1 million, or $1.50 a share, from $60.7 million, or $2.32 a share, a year earlier.@@@@1@19@@oe@2-2-2013
22083003@unknown@formal@none@1@S@Sales for the quarter slipped 2.7% to $601.3 million from $618.1 million.@@@@1@12@@oe@2-2-2013
22083004@unknown@formal@none@1@S@Polyvinyl chloride capacity "has overtaken demand and we are experiencing reduced profit margins as a result," said John D. Ong, chairman and chief executive.@@@@1@24@@oe@2-2-2013
22083005@unknown@formal@none@1@S@Prices for general-purpose PVC resin have dropped more than 15% since last December, he said.@@@@1@15@@oe@2-2-2013
22083006@unknown@formal@none@1@S@The plastic resin is used in a wide range of products, including siding, pipe and electrical wire insulation.@@@@1@18@@oe@2-2-2013
22083007@unknown@formal@none@1@S@Goodrich's vinyl-products segment reported operating profit for the quarter of $30.1 million, less than half the $64.1 million of the year-earlier quarter.@@@@1@22@@oe@2-2-2013
22083008@unknown@formal@none@1@S@Third-quarter operating profit of the specialty-chemicals group declined slightly to $24.3 million from $24.9 million.@@@@1@15@@oe@2-2-2013
22083009@unknown@formal@none@1@S@But operating profit from aerospace products rose nearly 50% to $15 million from $10.1 million.@@@@1@15@@oe@2-2-2013
22083010@unknown@formal@none@1@S@In New York Stock Exchange composite trading, shares of the Akron, Ohio-based company fell $1.375 to $49.125.@@@@1@17@@oe@2-2-2013
22084001@unknown@formal@none@1@S@Fiat S.p.A., Italy's leading industrial group, is conducting "concrete" talks with West Germany's Daimler-Benz AG on a series of projects in the aerospace sector, Fiat officials said.@@@@1@27@@oe@2-2-2013
22084002@unknown@formal@none@1@S@However, the officials said it was too early to disclose the nature of the proposed projects or indicate when the talks might be concluded.@@@@1@24@@oe@2-2-2013
22084003@unknown@formal@none@1@S@Daimler-Benz Chairman Edzard Reuter told Milan's financial daily Il Sole 24 Ore that talks are taking place between both companies' aerospace units.@@@@1@22@@oe@2-2-2013
22084004@unknown@formal@none@1@S@"While Mr. Reuter's comments please us very much, there currently are no talks in progress regarding the automotive industry," a Fiat spokeswoman said.@@@@1@23@@oe@2-2-2013
22084005@unknown@formal@none@1@S@In the interview, Mr. Reuter said he is thinking foremost of cooperation in the truck sector, but "in the long run, I don't want to rule out that we can also come a bit closer in personal cars."@@@@1@38@@oe@2-2-2013
22084006@unknown@formal@none@1@S@Roberto Morelli, Italy analyst for County Natwest Securities in London, said that right now "the market isn't being influenced by that kind of news," referring to the conditional nature of the talks mentioned by Mr. Reuter and by the uncertainty surrounding world stock exchanges this week.@@@@1@46@@oe@2-2-2013
22085001@unknown@formal@none@1@S@Paul Tanner was named president, chief executive officer and chairman of this oil and natural gas company.@@@@1@17@@oe@2-2-2013
22085002@unknown@formal@none@1@S@He succeeds John A. Boudreau, who resigned for personal reasons.@@@@1@10@@oe@2-2-2013
22085003@unknown@formal@none@1@S@Mr. Tanner had been president of Penn Pacific's National Southwest Capital Group subsidiary.@@@@1@13@@oe@2-2-2013
22085004@unknown@formal@none@1@S@Mr. Boudreau will remain with Penn Pacific as a director and a member of the executive committee.@@@@1@17@@oe@2-2-2013
22085005@unknown@formal@none@1@S@He has also agreed to become president of a new subsidiary to be formed to make future acquisitions, the company said.@@@@1@21@@oe@2-2-2013
22086001@unknown@formal@none@1@S@Spooked investors, despite their stampede to dump takeover stocks, should hold on tight to their Jaguar shares.@@@@1@17@@oe@2-2-2013
22086002@unknown@formal@none@1@S@That's the view of some analysts here who argue that Britain's leading maker of luxury cars still may have two U.S. auto giants battling for it.@@@@1@26@@oe@2-2-2013
22086003@unknown@formal@none@1@S@Yesterday, Ford Motor disclosed that it has raised its holding in Jaguar to 10.4% from 5%.@@@@1@16@@oe@2-2-2013
22086004@unknown@formal@none@1@S@Both Ford and its rival General Motors recently set their sights on grabbing significant minority stakes in the British company.@@@@1@20@@oe@2-2-2013
22086005@unknown@formal@none@1@S@Ford's latest move increases the pressure on GM to complete its current talks with Jaguar quickly.@@@@1@16@@oe@2-2-2013
22086006@unknown@formal@none@1@S@GM is likely to reach the cooperative operating pact it has been seeking in about two weeks, knowledgeable individuals say.@@@@1@20@@oe@2-2-2013
22086007@unknown@formal@none@1@S@At that point investors may face a long, bumpy ride.@@@@1@10@@oe@2-2-2013
22086008@unknown@formal@none@1@S@A victor in the fight for Jaguar may not emerge until after the expiration late next year of British government takeover restrictions.@@@@1@22@@oe@2-2-2013
22086009@unknown@formal@none@1@S@The curbs prevent a buyer from purchasing more than 15% of Jaguar shares without permission.@@@@1@15@@oe@2-2-2013
22086010@unknown@formal@none@1@S@"This is an exceptionally odd takeover battle," says London analyst Christopher Will of Shearson Lehman Hutton.@@@@1@16@@oe@2-2-2013
22086011@unknown@formal@none@1@S@Jaguar's American depositary receipts were up 3/8 yesterday in a down market, closing at 10 3/8.@@@@1@16@@oe@2-2-2013
22086012@unknown@formal@none@1@S@(Jaguar's ADRs make the company one of the most widely held United Kingdom stocks in the U.S., with more than one-fourth of its shares owned there.)@@@@1@26@@oe@2-2-2013
22086013@unknown@formal@none@1@S@Jaguar topped the most-active list for the U.S. over-the-counter market Monday.@@@@1@11@@oe@2-2-2013
22086014@unknown@formal@none@1@S@And on London's Stock Exchange Monday, 18.5 million shares were traded, far above the usual volume.@@@@1@16@@oe@2-2-2013
22086015@unknown@formal@none@1@S@Ford's share purchases undoubtedly accounted for much of Monday's heavy trading.@@@@1@11@@oe@2-2-2013
22086016@unknown@formal@none@1@S@Last week, many Jaguar shareholders took their money and ran.@@@@1@10@@oe@2-2-2013
22086017@unknown@formal@none@1@S@Fears that Ford's ardor might be cooling put Jaguar shares into reverse after GM confirmed its friendly negotiations with Jaguar.@@@@1@20@@oe@2-2-2013
22086018@unknown@formal@none@1@S@But yesterday's announcement indicates that Ford hasn't lost interest.@@@@1@9@@oe@2-2-2013
22086019@unknown@formal@none@1@S@Both Shearson's Mr. Will and Stephen Reitman, European auto analyst at the London brokerage firm UBS-Phillips & Drew, recently switched their Jaguar recommendations to hold from buy.@@@@1@27@@oe@2-2-2013
22086020@unknown@formal@none@1@S@"Sit tight" through the coming volatility, Mr. Reitman suggests, though he concedes that many small investors will find Jaguar's zigzags "too hard to swallow."@@@@1@24@@oe@2-2-2013
22086021@unknown@formal@none@1@S@But a crucial point is how Ford reacts when GM, the world's largest auto maker, firms up its proposed deal with Jaguar.@@@@1@22@@oe@2-2-2013
22086022@unknown@formal@none@1@S@At the moment, Ford executives will say little beyond reiterating their desire to raise Ford's Jaguar stake to about 15%.@@@@1@20@@oe@2-2-2013
22086023@unknown@formal@none@1@S@GM is expected to inject roughly #200 million ($316 million) by acquiring some Jaguar shares, and then win Jaguar management's promise of an eventual 30% stake.@@@@1@26@@oe@2-2-2013
22086024@unknown@formal@none@1@S@Analysts believe the car makers also will create joint ventures to develop new executive models, doubling Jaguar's yearly output of 50,000 cars.@@@@1@22@@oe@2-2-2013
22086025@unknown@formal@none@1@S@Jaguar shareholders would have to bless such a far-reaching accord.@@@@1@10@@oe@2-2-2013
22086026@unknown@formal@none@1@S@Ford might challenge the proposal by offering a full bid if holders and the U.K. government agreed to drop the anti-takeover barrier early.@@@@1@23@@oe@2-2-2013
22086027@unknown@formal@none@1@S@"I think Ford is going to come out with full guns blazing," Mr. Reitman says.@@@@1@15@@oe@2-2-2013
22086028@unknown@formal@none@1@S@"Ford wants {Jaguar} very much."@@@@1@5@@oe@2-2-2013
22086029@unknown@formal@none@1@S@U.S. takeover-stock speculators, who may own between 20% and 30% of Jaguar, could give Ford enough votes to block the GM deal.@@@@1@22@@oe@2-2-2013
22086030@unknown@formal@none@1@S@GM might counterbid.@@@@1@3@@oe@2-2-2013
22086031@unknown@formal@none@1@S@Then, Mr. Will says, "you get a bidding war between two very rich, very determined international companies."@@@@1@17@@oe@2-2-2013
22086032@unknown@formal@none@1@S@He believes Jaguar's share price could zoom to between #8 and #10 ($12.60 to $15.80).@@@@1@15@@oe@2-2-2013
22086033@unknown@formal@none@1@S@"There's quite a bit of value left in the {Jaguar} shares here even though they have run up" lately, says Doug Johnson, a fund manager for Seattle-based Safeco Asset Management.@@@@1@30@@oe@2-2-2013
22086034@unknown@formal@none@1@S@At the moment, he intends to keep the firm's 180,000 Jaguar shares.@@@@1@12@@oe@2-2-2013
22086035@unknown@formal@none@1@S@The risk is that Jaguar's share price could slump if GM's agreement with Jaguar effectively locks out its U.S. rival.@@@@1@20@@oe@2-2-2013
22086036@unknown@formal@none@1@S@"Ford's appetite to attack {Jaguar} could gradually wane over time, particularly if Saab is a reasonably attractive proposition," says John Lawson, an auto analyst at London's Nomura Research Institute.@@@@1@29@@oe@2-2-2013
22086037@unknown@formal@none@1@S@He thinks Saab-Scania AB on Friday will announce the sale of 50% of its car division to Ford; the companies have been discussing closer cooperation for months.@@@@1@27@@oe@2-2-2013
22086038@unknown@formal@none@1@S@Clifford Stahl, president and chief investment officer of C-S Capital Advisors Inc., two weeks ago sold his Cincinnati firm's 107,100 Jaguar ADRs at about 10 each, making a tidy profit on a holding purchased at 4 7/8 in early May.@@@@1@40@@oe@2-2-2013
22086039@unknown@formal@none@1@S@"I thought the probabilities of {a bidding war} happening were less," he says.@@@@1@13@@oe@2-2-2013
22086040@unknown@formal@none@1@S@Of course, that was before Ford's latest move.@@@@1@8@@oe@2-2-2013
22086041@unknown@formal@none@1@S@Jaguar (OTC; Symbol: JAGRY)@@@@1@4@@oe@2-2-2013
22086042@unknown@formal@none@1@S@Business: Luxury cars@@@@1@3@@oe@2-2-2013
22086043@unknown@formal@none@1@S@Year ended Dec. 31, 1988:@@@@1@5@@oe@2-2-2013
22086044@unknown@formal@none@1@S@Revenue: $1.71 billion@@@@1@3@@oe@2-2-2013
22086045@unknown@formal@none@1@S@Net income: $44.9 million; or 25 cents a share@@@@1@9@@oe@2-2-2013
22086046@unknown@formal@none@1@S@First half ended, June 30, 1989:@@@@1@6@@oe@2-2-2013
22086047@unknown@formal@none@1@S@Net loss: $1.7 million vs. net income: $21.2 million; or 12 cents a share@@@@1@14@@oe@2-2-2013
22086048@unknown@formal@none@1@S@Averae daily trading volume: Ordinary shares outstanding: 182.9 million@@@@1@9@@oe@2-2-2013
22086049@unknown@formal@none@1@S@NOTE: All figures are translated into U.S. dollars based on current exchange rates.@@@@1@13@@oe@2-2-2013
22087001@unknown@formal@none@1@S@A.F. Sloan, 60 years old, announced that he will retire next April as chairman and chief executive officer of this snack food and bakery products maker.@@@@1@26@@oe@2-2-2013
22087002@unknown@formal@none@1@S@No replacement was immediately named.@@@@1@5@@oe@2-2-2013
22087003@unknown@formal@none@1@S@Mr. Sloan plans to remain on the board until his current term expires in April 1991, a Lance spokesman said.@@@@1@20@@oe@2-2-2013
22088001@unknown@formal@none@1@S@Newport Electronics Inc. of Santa Ana, Calif., said Milton B. Hollander, who holds a 49.4% stake, requested a special shareholders' meeting next Wednesday to remove four current directors and elect an alternative slate.@@@@1@33@@oe@2-2-2013
22088002@unknown@formal@none@1@S@Mr. Hollander's High Technology Holding Co. of Stamford, Conn., acquired most of its stake last August in an $11-a-share tender offer for Newport, a maker of electronic-measuring devices.@@@@1@28@@oe@2-2-2013
22088003@unknown@formal@none@1@S@Newport said Mr. Hollander is asking shareholders to retain only one director, James R. Lees, a Newport vice president.@@@@1@19@@oe@2-2-2013
22088004@unknown@formal@none@1@S@The board isn't proposing a slate of its own and the other four current directors don't want to serve beyond the special meeting date, Newport said.@@@@1@26@@oe@2-2-2013
22088005@unknown@formal@none@1@S@Mr. Hollander "is the new owner and wants to exercise control," said Barret B. Weekes, Newport's chairman.@@@@1@17@@oe@2-2-2013
22089001@unknown@formal@none@1@S@Sandoz AG, a major Swiss chemical and pharmaceutical group, said that its group sales rose 25% to 9.482 billion francs ($5.80 billion) in the first nine months of this year, with strong gains in all divisions.@@@@1@36@@oe@2-2-2013
22089002@unknown@formal@none@1@S@A year earlier sales totaled 7.567 billion francs.@@@@1@8@@oe@2-2-2013
22089003@unknown@formal@none@1@S@Positive currency rates and strong sales growth led to a substantial rise in consolidated profit in the period, although the company didn't provide figures, as is customary with Swiss companies.@@@@1@30@@oe@2-2-2013
22089004@unknown@formal@none@1@S@Sandoz said it expects a "substantial increase" in consolidated profit for the full year, barring major currency rate changes.@@@@1@19@@oe@2-2-2013
22090001@unknown@formal@none@1@S@Amstrad PLC, a British maker of computer hardware and communications equipment, posted a 52% plunge in pretax profit for the latest year.@@@@1@22@@oe@2-2-2013
22090002@unknown@formal@none@1@S@The #76.6 million ($120.6 million) in pretax profit for the 12 months to June 30 was down from #160 million ($252 million) a year earlier and below market expectations of #80 million and #90 million.@@@@1@35@@oe@2-2-2013
22090003@unknown@formal@none@1@S@The slump in profit, which came despite steady sales, was attributed to increased costs for parts and problems with model introductions.@@@@1@21@@oe@2-2-2013
22090004@unknown@formal@none@1@S@Amstrad's profit after taxes fell a similarly steep 51%, to #51.1 million from #105 million a year earlier.@@@@1@18@@oe@2-2-2013
22090005@unknown@formal@none@1@S@Sales edged up fractionally to #626.3 million from #625.4 million a year earlier.@@@@1@13@@oe@2-2-2013
22091001@unknown@formal@none@1@S@Microsoft Corp.'s earnings growth continued to outstrip that of most of its competitors and customers in the personal-computer industry, as it reported a 36% jump in fiscal first-quarter earnings on a 33% revenue gain.@@@@1@34@@oe@2-2-2013
22091002@unknown@formal@none@1@S@The Redmond, Wash. company, a bellwether provider of operating systems and software for personal-computer makers and users, reported net income for the quarter ended Sept. 30 of $49.6 million, or 87 cents a share, up from $36.6 million, or 65 cents a share, in the year-ago period.@@@@1@47@@oe@2-2-2013
22091003@unknown@formal@none@1@S@Revenue rose to $235.2 million, from $176.4 million.@@@@1@8@@oe@2-2-2013
22091004@unknown@formal@none@1@S@Microsoft previously indicated it would have a strong quarter by forecasting its revenue gain on Oct. 4, causing a $6.50 a share jump in its stock.@@@@1@26@@oe@2-2-2013
22091005@unknown@formal@none@1@S@But its stock jumped again yesterday as it disclosed surprisingly strong margins on those sales.@@@@1@15@@oe@2-2-2013
22091006@unknown@formal@none@1@S@Microsoft's stock rose $2.875 a share in national over-the-counter trading to $78.625.@@@@1@12@@oe@2-2-2013
22091007@unknown@formal@none@1@S@The stock had hit a high of $81 a share early last week but collapsed to $73.50 in the Friday stock plunge.@@@@1@22@@oe@2-2-2013
22091008@unknown@formal@none@1@S@The company had been experiencing softening margins because of increased sales of software applications, which have lower margins than do operating systems.@@@@1@22@@oe@2-2-2013
22091009@unknown@formal@none@1@S@But the company said that trend was offset in the first quarter by better economies of scale and efficiencies in manufacturing.@@@@1@21@@oe@2-2-2013
22091010@unknown@formal@none@1@S@As a result, Microsoft's cost of goods, as a percentage of sales, fell 17% from the year-ago quarter and 13% from the previous period.@@@@1@24@@oe@2-2-2013
22091011@unknown@formal@none@1@S@The trend drove up the aftertax margin -- net income as a percentage of revenues -- to 21.1% in the quarter, compared with 20.7% a year earlier.@@@@1@27@@oe@2-2-2013
22091012@unknown@formal@none@1@S@Microsoft officials said the strong results also reflected continuing high demand for its software applications and operating systems.@@@@1@18@@oe@2-2-2013
22091013@unknown@formal@none@1@S@While it has predicted that overall growth in unit sales of personal computers is slowing to about a 10% yearly rate, its own products are selling at a much faster rate because many are geared to the high-performance end of the market.@@@@1@42@@oe@2-2-2013
22091014@unknown@formal@none@1@S@That segment continues to post strong quarter-to-quarter gains, while the low-end, or commodity segment, of the industry is experiencing sluggish growth or even sales declines.@@@@1@25@@oe@2-2-2013
22091015@unknown@formal@none@1@S@Compared with its previous quarter, the final period of its 1989 fiscal year, net rose 9%, and sales rose 7%.@@@@1@20@@oe@2-2-2013
22092001@unknown@formal@none@1@S@Control Data Corp., Minneapolis, signed a joint development agreement with MIPS Computer Systems Inc. to incorporate an emerging computing architecture in future machines.@@@@1@23@@oe@2-2-2013
22092002@unknown@formal@none@1@S@MIPS is a leader in what is known as reduced-instruction set computing, or RISC, a technology combining microprocessors and sophisticated software.@@@@1@21@@oe@2-2-2013
22092003@unknown@formal@none@1@S@In joining MIPS, Control Data follows several competitors in embracing RISC as a new design approach.@@@@1@16@@oe@2-2-2013
22092004@unknown@formal@none@1@S@Digital Equipment Corp., Tandem Computers Inc., NEC Corp. and Group Bull, among others, have similar arrangements with MIPs, based in Sunnyvale, Calif.@@@@1@22@@oe@2-2-2013
22092005@unknown@formal@none@1@S@Control Data said it expects its first RISC-based mainframe machine to be introduced next year.@@@@1@15@@oe@2-2-2013
22092006@unknown@formal@none@1@S@The accord with MIPS calls for Control Data to share its expertise in data storage, the companies said.@@@@1@18@@oe@2-2-2013
22092007@unknown@formal@none@1@S@Control Data also said it is developing what it called a "supermainframe" computer, the Cyber 2000, intended for scientists, engineers and other users of generalpurpose high-performance computers.@@@@1@27@@oe@2-2-2013
22093001@unknown@formal@none@1@S@UAL'S STOCK SKIDDED an additional $24.875, to $198, as British Airways indicated it may balk at any hastily revised version of the aborted $6.79 billion buy-out of United Air's parent.@@@@1@30@@oe@2-2-2013
22093002@unknown@formal@none@1@S@UAL has fallen $87.25, or 31%, in the three trading days since disclosure of the buy-out's collapse jolted the stock market.@@@@1@21@@oe@2-2-2013
22093003@unknown@formal@none@1@S@Meanwhile, investor Marvin Davis said he remains interested in UAL, but he dropped his earlier $300-a-share back-up bid.@@@@1@18@@oe@2-2-2013
22093004@unknown@formal@none@1@S@Stock prices fell broadly in heavy trading, dominated by futures-related program selling and further declines by UAL and other airline stocks.@@@@1@21@@oe@2-2-2013
22093005@unknown@formal@none@1@S@The Dow Jones industrials closed off 18.65 points, at 2638.73, after plunging over 60.25 points in the morning.@@@@1@18@@oe@2-2-2013
22093006@unknown@formal@none@1@S@Bond prices ended lower after an early rally, while the dollar was mixed.@@@@1@13@@oe@2-2-2013
22093007@unknown@formal@none@1@S@The U.S. trade deficit swelled to $10.77 billion in August, prompting worries that the nation's export drive had stalled.@@@@1@19@@oe@2-2-2013
22093008@unknown@formal@none@1@S@Exports declined for the second month in a row, while imports rose to a record.@@@@1@15@@oe@2-2-2013
22093009@unknown@formal@none@1@S@An analyst called it one of the worst trade reports since the dollar bottomed out in@@@@1@16@@oe@2-2-2013
22093010@unknown@formal@none@1@S@Industrial output fell 0.1% in September, the latest sign manufacturing is slowing.@@@@1@12@@oe@2-2-2013
22093011@unknown@formal@none@1@S@An analyst cited weaker capital spending and exports.@@@@1@8@@oe@2-2-2013
22093012@unknown@formal@none@1@S@Bankers Trust added $1.6 billion to reserves for Third World loans, the latest big bank to take such a step.@@@@1@20@@oe@2-2-2013
22093013@unknown@formal@none@1@S@It expects a $1.42 billion quarterly loss.@@@@1@7@@oe@2-2-2013
22093014@unknown@formal@none@1@S@Citicorp posted a 9% drop in quarterly profit.@@@@1@8@@oe@2-2-2013
22093015@unknown@formal@none@1@S@Manufacturers Hanover had a loss due to a big reserve addition.@@@@1@11@@oe@2-2-2013
22093016@unknown@formal@none@1@S@Bank of New England plans to sell some operations and lay off 4% of its work force after a year of weak earnings and mounting loan problems.@@@@1@27@@oe@2-2-2013
22093017@unknown@formal@none@1@S@Eastern Airlines' creditors have begun exploring alternative approaches to a Chapter 11 reorganization because they are unhappy with the carrier's latest proposal.@@@@1@22@@oe@2-2-2013
22093018@unknown@formal@none@1@S@Tele-Communications agreed to buy half of Showtime Networks from Viacom for $225 million.@@@@1@13@@oe@2-2-2013
22093019@unknown@formal@none@1@S@The move could pose a new challenge to Time Warner's Home Box Office.@@@@1@13@@oe@2-2-2013
22093020@unknown@formal@none@1@S@The CFTC plans to curb dual trading on commodities markets, in which traders buy and sell both for their own account and for clients.@@@@1@24@@oe@2-2-2013
22093021@unknown@formal@none@1@S@The move is likely to anger traders.@@@@1@7@@oe@2-2-2013
22093022@unknown@formal@none@1@S@FDIC Chairman Seidman said that Lincoln Savings & Loan of California should have been seized in 1986 to contain losses he estimated will cost taxpayers as much as $2 billion.@@@@1@30@@oe@2-2-2013
22093023@unknown@formal@none@1@S@A $67 billion spending bill was approved by House-Senate conferees that includes major provisions affecting the federal mortgage market.@@@@1@19@@oe@2-2-2013
22093024@unknown@formal@none@1@S@Hooker's U.S. unit is expected to agree in principle this week to sell its Merksamer Jewelers chain to management, according to executives.@@@@1@22@@oe@2-2-2013
22093025@unknown@formal@none@1@S@The deficit-reduction bill became snagged over efforts to streamline the House version of the legislation in advance of a House-Senate conference.@@@@1@21@@oe@2-2-2013
22093026@unknown@formal@none@1@S@Integrated Resources said talks have ended with another potential buyer of its core businesses.@@@@1@14@@oe@2-2-2013
22093027@unknown@formal@none@1@S@Three big drug makers posted robust third-quarter earnings.@@@@1@8@@oe@2-2-2013
22093028@unknown@formal@none@1@S@Merck's profit climbed 25%, Warner-Lambert's 22% and Eli Lilly's 24%.@@@@1@10@@oe@2-2-2013
22093029@unknown@formal@none@1@S@Markets --@@@@1@2@@oe@2-2-2013
22093030@unknown@formal@none@1@S@Stocks: Volume 224,070,000 shares.@@@@1@4@@oe@2-2-2013
22093031@unknown@formal@none@1@S@Dow Jones industrials 2638.73, off 18.65; transportation 1254.27, off 49.96; utilities 214.54, off 0.19.@@@@1@14@@oe@2-2-2013
22093032@unknown@formal@none@1@S@Bonds: Shearson Lehman Hutton Treasury index 3377.43, off@@@@1@8@@oe@2-2-2013
22093033@unknown@formal@none@1@S@Commodities: Dow Jones futures index 129.72, unchanged; spot index 129.97, off 0.19.@@@@1@12@@oe@2-2-2013
22093034@unknown@formal@none@1@S@Dollar: 142.75 yen, up 0.95; 1.8667 marks, off 0.0018.@@@@1@9@@oe@2-2-2013
22094001@unknown@formal@none@1@S@Paul Ely, general partner of Alpha Partners, a venture-capital firm based in Menlo Park, Calif., was named a director of this computer company.@@@@1@23@@oe@2-2-2013
22094002@unknown@formal@none@1@S@Mr. Ely, 57 years old, temporarily increases the board to seven members.@@@@1@12@@oe@2-2-2013
22094003@unknown@formal@none@1@S@However, director Thomas O'Rourke has said he won't seek re-election at the company's annual meeting next month.@@@@1@17@@oe@2-2-2013
22095001@unknown@formal@none@1@S@BroadBeach Associates Inc., the Los Angeles investment partnership whose $62-a-share bid for McGill Manufacturing Co. was topped recently by a competing offer from a Swedish concern, disclosed that it sold its entire 7% McGill stake.@@@@1@35@@oe@2-2-2013
22095002@unknown@formal@none@1@S@McGill, a Valparaiso, Ind., ball-bearing manufacturer, had rebuffed BroadBeach's proposal.@@@@1@10@@oe@2-2-2013
22095003@unknown@formal@none@1@S@It has since asked holders not to immediately tender their shares under a recent $72-a-share, or $104 million, bid from AB SKF of Sweden, until McGill directors have completed their evaluation.@@@@1@31@@oe@2-2-2013
22095004@unknown@formal@none@1@S@In a Securities and Exchange Commission filing, BroadBeach said it sold the 101,000 McGill shares for $7.3 million in a private transaction on Oct. 12.@@@@1@25@@oe@2-2-2013
22095005@unknown@formal@none@1@S@BroadBeach didn't identify the buyer of the shares, but the date of the selloff followed by one day the Swedish concern's tender offer, and the indicated price of the shares sold equals SKF's $72-a-share tender offer price.@@@@1@37@@oe@2-2-2013
22095006@unknown@formal@none@1@S@A BroadBeach spokeswoman said the company sold the stock in the open market and thus couldn't identify the buyer or buyers.@@@@1@21@@oe@2-2-2013
22096001@unknown@formal@none@1@S@Luis Nogales, 45 years old, has been elected to the board of this brewer.@@@@1@14@@oe@2-2-2013
22096002@unknown@formal@none@1@S@Mr. Nogales, former president of United Press International and the Univision Spanish-language network, most recently co-founded Nogales Castro Partners, a California-based media acquisition firm.@@@@1@24@@oe@2-2-2013
22096003@unknown@formal@none@1@S@Mr. Nogales, the first Hispanic person to serve as a Coors director, is an addition to the board, increasing its membership to nine.@@@@1@23@@oe@2-2-2013
22097001@unknown@formal@none@1@S@Hachette S.A., a European media and publishing group, reported a small rise in its attributable first-half group profit, excluding exceptional items, to 133.8 million francs ($21.1 million) from 130.1 million francs a year earlier.@@@@1@34@@oe@2-2-2013
22097002@unknown@formal@none@1@S@The Paris-based group said its earlier projection -- that group profit for all of 1989 would be close to the 322.7 million francs posted for 1988 -- remains valid.@@@@1@29@@oe@2-2-2013
22097003@unknown@formal@none@1@S@Taking into account nonrecurring gains and losses, Hachette's group net income for the first six months of this year totaled 246.6 million francs, practically double the year-earlier figure of 124.5 million francs.@@@@1@32@@oe@2-2-2013
22097004@unknown@formal@none@1@S@Analysts said Hachette's earnings in the second half might be boosted by a capital gain from the sale of the Paris headquarters of a newspaper-delivery company that is 49% owned by Hachette.@@@@1@32@@oe@2-2-2013
22098001@unknown@formal@none@1@S@Oncor Inc., Gaithersburg, Md., said it received approval from the U.S. Food and Drug Administration to market a genetic test that will assist in diagnosis and treatment of leukemia and lymph cancer.@@@@1@32@@oe@2-2-2013
22098002@unknown@formal@none@1@S@The B/T gene rearrangement test is more accurate than existing tests for diagnosing the type of cancer, whether it has spread or whether there is a recurrence following treatment, said Oncor President Stephen Turner.@@@@1@34@@oe@2-2-2013
22098003@unknown@formal@none@1@S@Mr. Turner said the test initially will be used in conjunction with biopsies and other tests, but eventually might become the benchmark for tumor analysis.@@@@1@25@@oe@2-2-2013