Mr. Vinken is chairman of Elsevier N.V. , the Dutch publishing group .
Rudolph Agnew , 55 years old and former chairman of Consolidated Gold Fields PLC , was named *-1 a nonexecutive director of this British industrial conglomerate .
PropBank: -----
*-2 Urging LIN directors *-3 to conduct `` a fair auction on a level [rel playing] field , '' McCaw asked how well the public interest would be served *-1 *T*-4 `` with the Bell operating companies controlling over 94 % of all cellular -LCB- potential customers -RCB- in the nation 's top 10 markets .
*-2 Urging LIN directors *-3 to conduct `` a fair auction on a level playing field , '' McCaw asked how well the public interest would be served *-1 *T*-4 `` with the Bell [rel operating] companies controlling over 94 % of all cellular -LCB- potential customers -RCB- in the nation 's top 10 markets .
Just this past week , a leading Japanese [ARG0 bank] asked for a meeting with the machinists ' union leaders 0 * to determine where the union would stand *T*-2 if another bid or recapitalization became possible *T*-1 .
McCaw Cellular Communications Inc. said 0 it sent a letter *ICH*-1 to LIN Broadcasting Corp. clarifying its revised tender offer for LIN and asking LIN to conduct `` a fair auction . ''
LIN Broadcasting Corp. said 0 it wo n't take a position on a revised tender offer *ICH*-1 by McCaw Cellular Communications Inc. * to buy LIN and has asked for clarification of the offer .
He is n't convinced , though , that the price decline reflects falling [ARG0 demand] because the world economy remains relatively strong .
Late in the afternoon , several big purchases by Bear , Stearns , particularly a block of 200,000 shares at 2:43 p.m. at $ 150 *U* a share , triggered a buying [ARG0 spree] that *T*-1 took UAL up more than 18 points in the final hour of trading .
It has also rattled Federal 's strongly anti-union management , which *T*-1 is already contending with *-2 melding far-flung operations and with falling [ARG0 profits] .
Texaco , like many other oil companies , has been struggling *-1 to replace its falling [ARG0 oil] and gas reserves .
Texaco , like many other oil companies , has been struggling *-1 to replace its falling oil and [ARG0 gas] reserves .
Texaco , like many other oil companies , has been struggling *-1 to replace its falling oil and gas [ARG0 reserves] .
`` So when there 's talk and concern about the economy *T*-1 , it *EXP*-2 's not unreasonable for a portion of the buying [ARG0 public] to defer purchases . ''
Some traders said 0 the popularity of issues that *T*-1 gained yesterday wo n't last long , as investors will rotate their buying [ARG0 choices] over the short term .
Georgia Gulf Corp. , hurt * by declining sales and falling [ARG0 chemical] prices , said 0 third-quarter earnings fell 13 % to $ 46.1 million *U* from $ 53.1 million *U* in the year-earlier period .
Georgia Gulf Corp. , hurt * by declining sales and falling chemical [ARG0 prices] , said 0 third-quarter earnings fell 13 % to $ 46.1 million *U* from $ 53.1 million *U* in the year-earlier period .
But its auditor , Ernst & Young , said 0 Enviropact 's financial situation raises `` substantial doubt about its ability * to continue as a going [ARG0 concern] . ''
His life , including his skirmishes with a competing [ARG0 sketch] artist , seems carefree .
His life , including his skirmishes with a competing sketch [ARG0 artist] , seems carefree .
Then an announcer interjects : `` It was Douglas Wilder who *T*-78 introduced a bill 0 *T*-1 to force rape victims age 13 and younger to be interrogated *-2 about their private lives by lawyers for accused rapists .
*-2 Confronted *-1 , Mrs. Yeargin admitted 0 she had given the questions and answers two days before the examination to two low-ability geography classes .
The resulting company would be the largest forest-products concern in the world with combined sales of more than $ 13 billion *U* .
An attempted [ARG1 buy-out] led * by [ARG0 John J. McCabe] , chief operating officer , never materialized , and a stream of what one staff member dismissed *T*-1 as `` tire-kickers and lookee-loos '' had filed through since .
The combined processes may significantly raise the current-carrying capacity of multi-crystal samples .
Dunkin' has set Nov. 10 as the deadline for the receipt of any competing [ARG0 bids] .
The machine uses a single processor , which *T*-139 makes it easier 0 * to program *T*-1 than competing [ARG0 machines] using several processors .
The combined company would have had 1988 sales of $ 13.1 billion *U* .
The result is that all sides resort to sleight of hand * to make room for competing [ARG0 housing] and environmental programs , and the commitments now will drive excess spending into fiscal 1991 .
The result is that all sides resort to sleight of hand * to make room for competing housing and environmental [ARG0 programs] , and the commitments now will drive excess spending into fiscal 1991 .
Oregon 's Mr. Hyman has investigated claims of flying cats , apparitions and bouncing [ARG0 chandeliers] and has come up with a plausible explanation , he says , for every one .
`` It was the confirming [ARG0 evidence] *ICH*-2 0 we all needed *T*-1 that -LCB- gene -RCB- losses were critical to the development of a common tumor , '' says *T*-3 Ray White at Howard Hughes Medical Institute in Salt Lake City .
Already two major pharmaceutical companies , the Squibb unit of Bristol-Myers Squibb Co. and Hoffmann-La Roche Inc. , are collaborating with gene hunters *-1 to turn the anticipated cascade of discoveries into predictive tests and , maybe , new therapies .
Douglas Stoneman , vice president of Shell Canada , noted that producers would prefer *-2 to avoid hearings into competing [ARG0 proposals] that *T*-1 would lengthen the regulatory review process and bog down development .
The settlement stemmed from a lawsuit 0 the dealers filed *T*-1 in 1982 when the Times began its own competing direct delivery [ARG0 service] *T*-2 .
The settlement stemmed from a lawsuit 0 the dealers filed *T*-1 in 1982 when the Times began its own competing direct delivery [ARG0 service] *T*-2 .
Mr. Sugarman has in turn contended that the other major shareholder group -- whose interests *T*-2 are represented *-1 by three other directors connected * to trusts in the name of the children of the company 's founder , James Patterson -- has ties to a competing fast food [ARG0 chain] , Wendy 's International Inc .
Mr. Sugarman has in turn contended that the other major shareholder group -- whose interests *T*-2 are represented *-1 by three other directors connected * to trusts in the name of the children of the company 's founder , James Patterson -- has ties to a competing fast food [ARG0 chain] , Wendy 's International Inc .
The combined operations had 1988 revenue of about $ 100 million *U* .
About 70,000 people attended the anti-government rally , at which leaders of the banned African National Congress refused *-2 to renounce violence 0 * to end apartheid *T*-3 *T*-1 .
Analysts questioned whether Georgia-Pacific will ultimately prevail , *-1 saying 0 other paper concerns may make competing [ARG0 bids] .
When it announced the planned breakup in May *T*-1 , Cray Research said 0 development costs of several competing [ARG0 projects] were squeezing its earnings growth .
In September , Kellogg Co. launched a competing psyllium-fortified [ARG0 cereal] called * Heartwise .
The other came in 1974-75 from the combined shock of world recession and a severe local stock market crash .
The bolstered cellular agreement between BellSouth Corp. and LIN Broadcasting Corp. carries heightened risks and could fail *-1 to fend off McCaw Cellular Communications Inc. , the rival suitor for LIN .
Conservatives , embarrassed * by Republican influence-peddling scandals at the Department of Housing and Urban Development , have used the issue in an effort * to shift blame onto a Democratic-controlled Congress .
Mr. Dorfman provides confirming [ARG0 evidence] of this phenomenon when he reports that your staff of dart throwers would have accumulated only $ 112,383 *U* by * randomly selecting four new stocks 0 *T*-2 to be held *-1 in a portfolio each month *T*-3 .
The presence of so many people , cars and competing [ARG0 businesses] is evidence of a healthy economy in a place where people want *-1 to live *T*-2 .
They transferred some $ 28 million *U* from the Community Development Block Grant program designated * largely for low - and moderate-income projects and funneled it into such items as : -- $ 1.2 million *U* for a performing-arts center in Newark , -- $ 1.3 million *U* for `` job retention '' in Hawaiian sugar mills . -- $ 400,000 *U* for a collapsing [ARG0 utility] tunnel in Salisbury , -- $ 500,000 *U* for `` equipment and landscaping 0 *T*-1 to deter crime and aid police surveillance '' at a Michigan park . -- $ 450,000 *U* for `` integrated urban data based * in seven cities . '' No other details . -- $ 390,000 *U* for a library and recreation center at Mackinac Island , Mich .
They transferred some $ 28 million *U* from the Community Development Block Grant program designated * largely for low - and moderate-income projects and funneled it into such items as : -- $ 1.2 million *U* for a performing-arts center in Newark , -- $ 1.3 million *U* for `` job retention '' in Hawaiian sugar mills . -- $ 400,000 *U* for a collapsing utility [ARG0 tunnel] in Salisbury , -- $ 500,000 *U* for `` equipment and landscaping 0 *T*-1 to deter crime and aid police surveillance '' at a Michigan park . -- $ 450,000 *U* for `` integrated urban data based * in seven cities . '' No other details . -- $ 390,000 *U* for a library and recreation center at Mackinac Island , Mich .
Meanwhile , the Duke , who *T*-1 set the original scheme in motion , appears on the scene *-2 disguised *-3 as a friar and becomes involved in a series of intrigues that *T*-4 has everyone fearing the worst possible outcome until the Duke arranges a last minute reprieve for all [rel concerned] .
A competing [ARG0 version] of EPO is being developed *-1 by Genetics Institute Inc. in Cambridge , Mass .
Common shareholders would end up *-1 owning about 6.4 % of the combined company .
Competing asset-allocation [ARG0 firms] march to their own computer models , so some have been partly or fully invested in stocks this year while Renaissance has sat on the sidelines .
It [rel blames] [ARG1 most of these] on [ARG2-on Fatah] .
Credit policy should separate these two competing [ARG0 objectives] and eliminate aspects that *T*-1 provide the subsidy .
They would both give part of their combined $ 50 million *U* in common equity in SCI TV to holders of SCI TV 's $ 488 million *U* of junk bonds , as a carrot 0 *T*-2 to persuade them *-3 to accept new bonds that *T*-1 might reduce the value of their claims on the company .
The combined buying rallied the Dow into a small gain , before * closing at a slight loss .
Fireman 's Fund property-liability subsidiaries reported a 120.7 % combined underwriting ratio for the nine months , up from 108.4 % for the year-ago period .
The mining , metal and specialty-chemical concern said 0 combined revenue for asbestos and coal was about $ 40 million *U* of the company 's total revenue in 1988 of $ 1.98 billion *U* .
Some individuals went to some lengths on their own *-1 to avoid the anticipated [ARG1 gridlock] .
Combined revenue for the latest quarter of Time Warner was $ 2.2 billion *U* , compared with the year-ago Time revenue of $ 1.1 billion *U* .
The schools ' central mission , * educating children , became subsumed *-1 by the competing [ARG0 interests] of bureaucrats , politicians and unions .
Unfortunately , his mother had tickets for a recital by Itzhak Perlman the same night , and she was adamant about his [rel attending] .
Three days later , Mr. Lesk was named *-1 president and chief executive officer of Olga Co. , a competing intimate apparel [ARG0 division] of Warnaco Inc .
Three days later , Mr. Lesk was named *-1 president and chief executive officer of Olga Co. , a competing intimate [ARG0 apparel] division of Warnaco Inc .
On Sept. 7 , I wrote on these pages about the killing and capturing of [ARG1 10,000 Ethiopian soldiers] by [ARG0 Eritrean and Tigrean guerrillas] .
Over the past year there have been only one burglary , three thefts of or from autos , no purse-snatchings , and one [rel attempted] [ARG1 robbery] [ARGM-LOC in the mall , which *T*-2 opened in late 1981] .
`` When they are buying back stock at 10 times earnings *T*-1 , they are suggesting that the rate of return on competing internal [ARG0 projects] is below '' returns on the stock .
Eventually , the money funds ' success forced relaxation of curbs on bank interest rates 0 *T*-1 to allow banks to offer competing [ARG0 yields] .
Nonperforming loans will make up only about 0.5 % of the combined banks ' total loans outstanding , he said 0 *T*-1 .
As rescuers pressed their efforts after *-1 finding a survivor in a collapsed freeway , the San Francisco Bay area girded for hundreds of thousands of commuters seeking * to avoid routes ravaged * by last Tuesday 's tremor .
Nelson Bunker Hunt 's [rel attempted] [ARG1 corner] on silver [ARGM-TMP a decade ago] is still haunting the market in this metal .
He correctly says 0 he has been down on Noriega for some time , hence his criticism of administration mishandling of the attempted [ARG1 coup] .
But against that combined increase of 12 % in students chosen * by academic criteria , the plan eliminates a large category in which admissions now are based *-1 on grades , test scores and `` supplemental points '' for factors such as high-school curriculum , English-language proficiency and an essay *T*-2 .
He said 0 Rorer sold the drugs for `` nice prices '' and will record a combined , pretax gain on the sales of $ 20 million *U* .
Your Oct. 12 editorial `` Pitiful , Helpless Presidency ? '' correctly states that I was critical of the Bush administration 's failure * to have any plan *ICH*-1 in place * to respond in a timely fashion to the opportunities * to oust Manuel Noriega presented * by the attempted military [ARG1 coup] [ARGM-TMP on Oct. 3] .
One fan , seated * several rows in front of the open , upper-deck auxiliary press section where I was stationed *-2 *T*-3 , faced the assembled newsies and laughingly shouted , `` We arranged that just for you guys ! ''
His client , Mr. Davis , used just such a letter from Citicorp in *-1 pursuing UAL ; Citicorp later agreed *-2 to work with a competing UAL buy-out [ARG0 group] .
His client , Mr. Davis , used just such a letter from Citicorp in *-1 pursuing UAL ; Citicorp later agreed *-2 to work with a competing UAL [ARG0 buy-out] group .
His client , Mr. Davis , used just such a letter from Citicorp in *-1 pursuing UAL ; Citicorp later agreed *-2 to work with a competing [ARG0 UAL] buy-out group .
Current quotations would reflect the combined financial judgment of all market participants -- not just those of intermediaries who *T*-1 become extremely risk-averse during times of crisis .
Universal Studios was working on a competing [ARG0 film] , but the studio and its producers ultimately agreed *-1 to co-produce the film with Guber Peters and Warner .
Within 15 minutes of the quake itself , I was able *-1 to see pictures of the collapsed section of the Bay Bridge .
The primary subsidiary will be the combined banking operations of the two companies and will be known *-1 as Banco Popular de Puerto Rico .
Giant yellow cranes were wheeled up alongside the collapsed segment , *-1 preparing *-2 to lift off chunks of the debris .
The defendants were indicted *-1 two years ago on charges that they conspired *-2 to defraud five thrifts of more than $ 130 million *U* through a complicated scheme * to inflate the price of land and condominium construction along Interstate 30 , east of Dallas .
According to several ad-agency sources , newcomers to the Texas banking market are spending a combined $ 50 million *U* this year *-1 to woo Texans .
The district , built * on landfill , suffered heavy quake damage , including collapsed buildings .
Anglo American Corp. of South Africa Ltd. said 0 the third-quarter combined profit of its six gold mines dropped 8.5 % from the previous quarter .
For the nine months , Storage had net of $ 25.5 million *U* , or 98 cents a share , including an $ 11.3 million *U* extraordinary gain for the anticipated proceeds from * liquidating an Irish unit .
It would bring 13 gas fields into production at a combined rate of about 1.2 billion cubic feet a day .
The pillars of apartheid may be trembling in the rest of South Africa , with Johannesburg opening its public facilities to all races , blacks storming the all-white beaches of the Cape and the government releasing seven leaders of the banned African National Congress .
During 1988 , the Datatronic subsidiaries had combined sales in excess of $ 200 million *U* .
The Federal Election Commission clears corporate plans * to donate to an employee 's chosen charity in exchange for the worker 's gift to the company political action committee .
According to figures from the International Air Transport Association , they carried a combined 1.8 million tons of freight last year .
Federal Express and Flying Tiger , as separate companies , carried a combined 2.6 million tons .
George Bush 's continued support of the tax dam sustains this strategy of * pressuring Congress to make choices among competing [ARG0 priorities] , rather than *-2 just saying yes to all the grateful special-interest constituencies that *T*-1 fill the PAC trough .
Under Northern Trust 's plan , shareholders were issued *-1 rights that , in the event of certain attempted [ARG1 takeovers] , *T*-2 allow holders to buy shares in the company at half price .
He left his last two jobs at Republic Airlines and Flying Tiger with combined stock-option gains of about $ 22 million *U* , and UAL gave him a $ 15 million *U* bonus when it hired him *T*-1 .
That came to a combined $ 37.7 million *U* under the $ 300-a-share *U* buy-out , but just $ 21.3 million *U* at yesterday 's close .
Of the combined $ 114.4 million *U* 0 the two men were scheduled *-1 to reap *T*-2 under the buy-out , they agreed *-3 to invest in the buy-out just $ 15 million *U* *T*-5 , * angering many of the thousands of workers asked * *-4 to make pay concessions so the buy-out would be a success .
Some competing [ARG0 forest-products] firms have recently reported improved results due to strong pulp and paper business .
Some competing forest-products [ARG0 firms] have recently reported improved results due to strong pulp and paper business .
A `` concerning '' [ARG0 item] 0 the analyst cited *T*-2 was the 10 % jump in expenses , which the bank attributes *T*-1 to costs of * expanding both its consumer credit-card operations and its overseas branch business .
Their combined stake consists of 880,500 CACI common shares , including 86,500 shares bought * in the past 60 days at $ 2.3125 to $ 2.4375 *U* a share .
Sale of the solution in concentrated form to Communist countries is prohibited *-1 by Japanese law and by international agreement .
BroadBeach Associates Inc. , the Los Angeles investment partnership whose $ 62-a-share *U* bid for McGill Manufacturing Co. *T*-2 was topped *-1 recently by a competing [ARG0 offer] from a Swedish concern , disclosed that it sold its entire 7 % McGill stake .
Instead , the creditors say 0 *T*-1 , the loan fell victim to nervousness about China 's political turmoil , as well as to concern about [ARG0-about the loan 's security] .
UAL 's board could reject the new price as too low , especially since there are n't any competing [ARG0 bids] .
The complicated language in the huge new law has muddied the fight .
The collapsed plan * to acquire UAL Corp. , parent of United Airlines , spurred quick action on the legislation , introduced * Wednesday and approved * by the subcommittee on a voice vote yesterday .
Among other issues , the group 's letter said 0 it has `` concerns as to whether Dow Jones 's offer meets the applicable requirements of procedural fairness . ''
United Biscuits said 0 the combined group , which *T*-1 will include businesses such as McVities biscuits and Terry 's confectionery , will have annual sales of more than # 1.5 billion *U* -LRB- $ 2.35 billion *U* -RRB- and trading profit of more than # 160 million *U* -LRB- $ 251 million *U* -RRB- .
Mr. Farley said 0 the sale of three of Cluett 's four main divisions plus other `` anticipated '' West Point-Pepperell asset [ARG1 sales] by December , should bring in a total of about $ 700 million *U* .
The Bush administration has sent conflicting signals about its export-control policies , * reflecting unhealed divisions among several competing [ARG0 agencies] .
Mr. Rocha Garza said that he , Clarendon Group Ltd. , Biscayne , Lahus II , and Lahus III are all affiliated and hold a combined stake of 1,234,100 shares , or 9.33 % .
Combined foreign exchange and bond trading profits dipped 24 % against last year 's third quarter , to $ 38.2 million *U* from $ 50.5 million *U* .
Still , it said 0 it expects sales for all of 1989 to be on the order of 20 billion francs , * reflecting anticipated billings for two large contracts in the second half of the year .
It must also evaluate the real-estate market in the chosen location from a new perspective .
The thrift holding [ARG0 company] said 0 it expects *-1 to obtain regulatory approval and complete the transaction by year-end .
The thrift [rel holding] company said 0 it expects *-1 to obtain regulatory approval and complete the transaction by year-end .
He factors that into the market yield *-1 to get an adjusted yield of about 3.6 % .
Quotron is n't profitable on Citicorp 's books because of the interest charges 0 the New York bank holding company incurred *T*-1 in *-3 buying the financial-data concern for $ 680 million *U* , says 0 *T*-2 Ronald I. Mandle , analyst for Sanford C. Bernstein & Co .
Seasonally [rel adjusted] figures for August were n't available because of a recent strike that *T*-1 has disrupted the ministry 's data collection .
So two weeks ago , thousands of Brooks Brothers charge customers -- customers conditioned * *-1 to wait for twice-yearly clearance sales -- got a surprise : an invitation * to come in and buy any one item for 25 % off .
While domestic orders climbed an adjusted 8 % and a nominal 11 % in September , foreign orders declined 4 % after inflation and 1 % on a nominal basis .
The convertible preferred will pay dividends at 7.875 % and be convertible into shares of Citizens First at a rate equal to 20 % above the average closing [ARG1 price] of the stock during a 20-day period prior to the transaction 's completion .
A loss -- after insurance recoveries -- is deductible only to the extent that it exceeds $ 100 *U* and that the year 's total losses exceed 10 % of adjusted gross income ; victims may pick the year when income is lower and deductions higher *T*-3 .
Georgia Gulf stock rose $ 1.75 *U* a share yesterday *-1 to close at $ 51.25 *U* a share , while NL shares closed unchanged at $ 22.75 *U* and Valhi rose 62.5 cents to $ 15 *U* , all in New York Stock Exchange composite [rel trading] .
Georgia Gulf stock rose $ 1.75 *U* a share yesterday *-1 to close at $ 51.25 *U* a share , while NL shares closed unchanged at $ 22.75 *U* and Valhi rose 62.5 cents to $ 15 *U* , all in New York Stock Exchange composite [rel trading] .
Georgia Gulf stock rose $ 1.75 *U* a share yesterday *-1 to close at $ 51.25 *U* a share , while NL shares closed unchanged at $ 22.75 *U* and Valhi rose 62.5 cents to $ 15 *U* , all in New York Stock Exchange composite [rel trading] .
Georgia Gulf stock rose $ 1.75 *U* a share yesterday *-1 to close at $ 51.25 *U* a share , while NL shares closed unchanged at $ 22.75 *U* and Valhi rose 62.5 cents to $ 15 *U* , all in New York Stock Exchange composite [rel trading] .
It *EXP*-1 is n't clear , however , who *T*-2 would win a waiting [ARG0 game] .
Each $ 5,000 *U* bond carries one warrant *ICH*-2 , exercisable from Nov. 30 through Nov. 2 , 1993 , * to buy company shares at an expected premium of 2 1\/2 % to the closing [ARG0 share] price when terms are fixed *-162 Tuesday *T*-1 .
Each $ 5,000 *U* bond carries one warrant *ICH*-2 , exercisable from Nov. 30 through Nov. 2 , 1993 , * to buy company shares at an expected premium of 2 1\/2 % to the closing share [ARG0 price] when terms are fixed *-162 Tuesday *T*-1 .
Each $ 5,000 *U* bond carries one warrant *ICH*-2 , exercisable from Nov. 30 through Nov. 2 , 1994 , * to buy company shares at an expected premium of 2 1\/2 % to the closing [ARG0 share] price when terms are fixed *-163 Monday *T*-1 .
Each $ 5,000 *U* bond carries one warrant *ICH*-2 , exercisable from Nov. 30 through Nov. 2 , 1994 , * to buy company shares at an expected premium of 2 1\/2 % to the closing share [ARG0 price] when terms are fixed *-163 Monday *T*-1 .
But [rel increasing] [ARG1 volatility] [ARGM-LOC in the sector] has exhausted investors who *T*-71 try *-1 to follow its dips and swings .
In a statement , the company said : `` Both parts can only realize their full potential and be appropriately valued *-1 by the market if they are separately [rel quoted] [ARG1 companies] .
*-3 To confirm Mr. Guy 's identification , Sotheby 's and IFAR exchanged photos by fax , and the waiting [ARG0 man] , *-2 apparently innocent of knowledge that the kylix was stolen *-1 , agreed *-2 to release it .
`` We are advising a lot of our clients *-2 to make moves that *T*-1 make sense to them , rather than *-4 waiting until the last minute , because things have been so volatile , '' said *T*-3 William Sulya , head of OTC [rel trading] at A.G. Edwards & Sons in St. Louis .
Among the other actively [rel traded] blue-chip [ARG1 issues] , Imperial Chemical Industries dropped 11 to # 10.86 *U* , Hanson skidded 9.5 to 200.5 , and British Telecom fell 10 to 250 .
If the heavy outflows continue , fund managers will face increasing [ARG1 pressure] [ARGM-PRD * to sell off some of their junk *-1 to pay departing investors in the weeks ahead] .
But GM 's results also illustrate the increasing [ARG0 diversity] of its operations .
While this indicates continued strong demand for the company 's desk-top computers , Sun faces increasing [ARG1 competition] from Digital Equipment Corp. and Hewlett-Packard Co .
Call [ARGM-MNR at par] [ARGM-TMP after two years] [ARGM-DIS and] [ARGM-TMP thereafter] [ARGM-MNR at par] [ARGM-TMP every six months] .
The company said 0 its shipments declined as a result of a reduction in inventories by service centers , a lackluster automotive market and increasing competitive [ARG1 pressures] in the construction market .
With Japan running enormous trade surpluses against much of the world , they think that Japan should meet the increased domestic [ARG1 demand] by *-1 importing more .
In addition , USX 's giant steel segment , representing 34 % of its 1988 sales , is facing softening demand and slipping prices as well as increasing [ARG1 competition] from foreign steelmakers and low-cost minimills .
The United Nations , which *T*-1 is distributing farm tools to returning [ARG0 refugees] in Namibia , is rethinking a plan * to hand out machetes because of the tense political climate during preparations for independence from South Africa .
In New York Stock Exchange composite [rel trading] yesterday , Johnson & Johnson shares fell 37.5 cents to $ 54.625 *U* .
In New York Stock Exchange composite [rel trading] yesterday , Johnson & Johnson shares fell 37.5 cents to $ 54.625 *U* .
In New York Stock Exchange composite [rel trading] yesterday , Johnson & Johnson shares fell 37.5 cents to $ 54.625 *U* .
In New York Stock Exchange composite [rel trading] yesterday , Johnson & Johnson shares fell 37.5 cents to $ 54.625 *U* .
The convertible preferred will pay dividends at 7.875 % and be convertible into shares of Citizens First at a rate equal to 20 % above the average [rel closing] price of the stock during a 20-day period prior to the transaction 's completion .
The convertible preferred will pay dividends at 7.875 % and be convertible into shares of Citizens First at a rate equal to 20 % above the average closing [ARG0 price] of the stock during a 20-day period prior to the transaction 's completion .
Through a separate agreement between Peter Dauchy , president , and a group of selling [ARG0 shareholders] , the company said 0 *T*-1 , Mr. Dauchy will on Oct. 30 buy 231,405 shares from the group , * boosting his stake to about 717,000 shares , or 50.7 % of the total after the buy-back .
`` Stop-close-only orders '' are stop orders that *T*-1 only become active during the closing [ARG0 minutes] of trading .
`` There 's no more growth in the tax business -LCB- except -RCB- for increasing [ARG1 prices] , '' the money manager added *T*-1 .
The Japanese company said 0 the waiting [ARG0 period] under the Hart-Scott-Rodino antitrust act for the $ 3.4 billion *U* bid for Columbia and the $ 200 million *U* offer for Guber-Peters expired Monday .
After *-2 gaining strength during a brief run-up when trading began *T*-1 , the Nasdaq Composite Index weakened under selling [ARG0 pressure] .
Institutions -- who *T*-1 now account for most trading -- count on * being able * to buy and [rel sell] [ARG1 big blocks of stock] [ARGM-MNR at an eye-blink] .
`` I believe that the perception that legislation in this area may be hastily approved *-1 contributed to the collapse of the UAL transaction , and the resulting [ARG0 disruption] in the financial markets experienced * this past Friday , '' Mr. Trump wrote members of Congress *T*-2 .
In composite trading on the New York Stock Exchange , CMS Energy closed at $ 34.375 *U* a share , down 62.5 cents , from the closing [ARG0 price] of $ 37.375 *U* a share on Thursday , before Friday 's plunge .
At 2:43 p.m. EDT , came the sickening news : The Big Board was halting trading [ARG1 in UAL] , `` pending news . ''
Mr. Vinken is chairman of Elsevier N.V. , the Dutch publishing group .
Mr. Vinken is chairman of Elsevier N.V. , the Dutch publishing [ARG0 group] .
Rudolph Agnew , 55 years old and former chairman of Consolidated Gold Fields PLC , was named *-1 a nonexecutive director of this British industrial conglomerate .
When it 's time for their biannual powwow *T*-1 , the nation 's manufacturing [ARG0 titans] typically jet off to the sunny confines of resort towns like Boca Raton and Hot Springs .
From January to October , the nation 's accumulated exports increased 4 % from the same period last year to $ 50.45 billion *U* .
John Rowe , president *RNR*-1 and chief executive officer *RNR*-1 of New England Electric , said 0 the company 's return on equity could suffer if it made a higher bid and its forecasts related * to PS of New Hampshire -- such as growth in electricity demand and improved operating efficiencies -- did n't come true .
They succeed Daniel M. Rexinger , retired Circuit City executive vice president , and Robert R. Glauber , U.S. Treasury undersecretary , on the 12-member board .
Mr. Stronach , founder and controlling [ARG0 shareholder] of Magna , resigned as chief executive officer last year *-1 to seek , unsuccessfully , a seat in Canada 's Parliament .
Unlike traditional open-end mutual funds , most of these one-country portfolios are the `` closed-end '' type , *-1 issuing a fixed number of shares that *T*-38 trade publicly .
And many emerging markets have outpaced more mature markets , such as the U.S. and Japan .
In another reflection that the growth of the economy is leveling off , the government said that orders for manufactured goods and spending on construction failed *-1 to rise in September .
The Toronto-based real estate concern said 0 each bond warrant entitles the holder to buy C$ 1,000 *U* principal amount of debentures at par plus accrued interest to the date of purchase .
His life , including his skirmishes with a competing sketch [ARG0 artist] , seems carefree .
His life , including his skirmishes with a competing [ARG0 sketch] artist , seems carefree .
*-2 Confronted *-1 , Mrs. Yeargin admitted 0 she had given the questions and answers two days before the examination to two low-ability geography classes .
Mr. Jennison said 0 Northeast Bancorp also fared well because takeover stocks have returned to favor among investors .
Mr. Sonnett said that clients who *T*-130 pay cash may include alleged drug dealers who *T*-131 do n't have domestic bank accounts .
But in the letters sent * in recent days , Christopher J. Lezovich of the IRS computing center in Detroit , told attorneys that `` * failing *-1 to voluntarily submit the requested information could result in summons enforcement action being initiated *-2 . ''
The report is subject to review by the State Commission on Judicial Conduct , which *T*-138 is empowered *-1 to impose sanctions .
`` We would like *-2 to apologize for *-3 having caused huge trouble , '' Fujitsu President Takuma Yamamoto , read *T*-1 from a prepared statement as he stood before a packed news conference at his company 's downtown headquarters .
In September , the custom-chip maker said 0 excess capacity and lagging [ARG0 billings] would result in an estimated $ 2 million to $ 3 million *U* net loss for the third quarter .
The managers ' index , which *T*-147 measures the health of the manufacturing [ARG0 sector] , stood at 47.6 % *ICH*-1 in October , above September 's 46 % , and also above average forecasts for the index of 45.3 % .
Some dealers said 0 the dollar was pressured *-1 slightly because a number of market participants had boosted their expectations in the past day and were looking for an index above 50 , which *T*-148 indicates an expanding [ARG0 manufacturing] economy .
Some dealers said 0 the dollar was pressured *-1 slightly because a number of market participants had boosted their expectations in the past day and were looking for an index above 50 , which *T*-148 indicates an expanding manufacturing [ARG0 economy] .
`` We 're willing *-2 to negotiate , '' says *T*-1 Dennis Gillespie , executive vice president of marketing .
In May , the two companies , through their jointly [rel owned] holding company , Temple , offered $ 50 *U* a share , or $ 777 million *U* , for Sea Containers .
The reduced dividend is payable Jan. 2 to stock of record Dec. 15 .
Integra-A Hotel & Restaurant Co. said 0 its planned rights offering 0 *T*-1 to raise about $ 9 million *U* was declared *-103 effective and the company will begin *-2 mailing materials to shareholders at the end of this week .
The securities 0 *T*-1 to be sold *-107 next week will raise about $ 10 billion *U* in cash and redeem $ 20 billion *U* in maturing [ARG0 notes] .
But advancing [ARG0 issues] on the New York Stock Exchange were tidily ahead of declining stocks , 847 to 644 .
Last year , Mitsubishi International Corp. , the New York-based arm of Mitsubishi Corp. , bought controlling [ARG0 interest] in the glass company in a joint venture with Ronald Bodner , a glass industry executive and Mitsubishi consultant .
These vertically integrated combines , some of which *T*-1 got their start in Japan 's feudal period , deal globally in commodities , construction and [rel manufacturing] .
The theory : Such individuals , many with young children , are in their prime borrowing years -- and , *-1 having borrowed from the bank , they may continue *-1 to use it for other services in later years .
Performing [ARG0 loans] .
The Merc said that its existing 30-minute , 12-point [ARG0 limit] on S&P 500 stock-index futures trading -LRB- equal to about 100 points on the Dow Jones industrials -RRB- , which *T*-1 was triggered *-127 Oct. 13 , will remain in effect .
`` *-1 To ring for even one service at this tower , we have *-1 to scrape , '' says *T*-2 Mr. Hammond , a retired water-authority worker .
Your Oct. 13 page-one story on the renewed plight of Western Union says that Western Union had lost its chance * to be in the telephone business by *-1 turning down Alexander Graham Bell 's offer to it of his invention , because it supposedly felt that voice communication would never replace the telegraph .
First Securities Group of California and a principal of the firm , Louis Fernando Vargas of Marina del Rey , Calif. , were jointly fined *-1 $ 15,000 *U* and expelled *-1 for alleged violations of reporting requirements on securities sales .
The resulting company would be the largest forest-products concern in the world with combined sales of more than $ 13 billion *U* .
These fiscal pressures are also a factor in * shaping the Poland package , and while more ambitious authorizing [ARG0 legislation] is still pending , the appropriations bill in conference will be more decisive on U.S. aid to Eastern Europe .
`` They got us thinking 0 maybe we should be helping U.S. companies improve existing [ARG0 products] rather than *-1 always developing new ones . ''
The Labor Department cited USX Corp. for numerous health and safety violations at two Pennsylvania plants , and proposed $ 7.3 million *U* in fines , the largest penalty ever proposed * for alleged workplace violations by an employer .
The department 's Occupational Safety and Health Administration proposed fines of $ 6.1 million *U* for alleged violations at the company 's Fairless Hills , Pa. , steel mill ; that was a record for proposed penalties at any single facility .
OSHA cited nearly 1,500 alleged violations of federal electrical , crane-safety , record-keeping and other requirements .
A second citation covering the company 's Clairton , Pa. , coke works involved more than 200 alleged violations of electrical-safety and other requirements , for which OSHA proposed $ 1.2 million *U* in fines *T*-1 .
Before the USX case , OSHA 's largest proposed fine for one employer was $ 4.3 million *U* for alleged safety violations at John Morrell & Co. , a meatpacking subsidiary of United Brands Co. , Cincinnati .
Some of the surge in the stock 's price appeared *-1 to be linked *-39 to revived takeover speculation , which *T*-28 has contributed to volatility of Campbell shares in recent months .
Mr. Harper , a veteran of several manufacturing companies who *T*-30 joined Campbell in 1986 , will take charge of all overseas operations as well as Pepperidge .
In recent months , Mr. Dorrance 's children and other family members have pushed for improved profitability and higher returns on their equity .
In August , the company took a $ 343 million *U* pretax charge against fiscal 1989 earnings when it announced a world-wide restructuring plan *T*-1 .
The company 's prepared statement quoted him as *-1 saying , `` The CEO succession is well along and I 've decided for personal reasons *-2 to take early retirement . ''
These rate indications are n't directly comparable ; lending [ARG0 practices] vary widely by location .
The language of the appropriations rider implies that any nomination to any position of a rejected nominee will result in the president being denied *-55 funding 0 * to pay that person 's salary *T*-1 .
There is something inherently suspect about Congress 's prohibiting the executive from *-1 even studying whether public funds are being wasted *-57 in some favored program or other .
An attempted buy-out led * by John J. McCabe , chief operating officer , never materialized , and a stream of what one staff member dismissed *T*-1 as `` tire-kickers and lookee-loos '' had filed through since .
These 3.8 million people also are eligible *-1 to get one percentage point off GMAC 's advertised finance rates , which *T*-56 start at 6.9 % for two-year loan contracts .
Defending their ramparts are *T*-1 Wall Street 's Old Guard -- the traditional , stock-picking money managers , tens of thousands of stock brokers , the New York Stock Exchange 's listed companies and the clannish floor traders , known * as specialists , who *T*-65 make markets in their stocks .
Program trading money managers have gained control over a big chunk of the invested funds in this country , and the pressures *ICH*-2 on such money managers * to produce consistent profits has wedded them to the ability * to move rapidly in and out the market that program trading gives them *T*-1 .
Its entrenched 49 stock specialists firms are fighting tooth and nail against programs .
*-2 Unable *-3 to unload UAL and other airline shares , takeover-stock speculators , or risk arbitragers , dumped every blue-chip stock 0 they had *T*-1 .
All arguments against program trading , even those pressed * without fact , conclude with three expected results after `` reforms '' are implemented *-1 : 1 -RRB- reduced volatility , 2 -RRB- a long-term investment focus , and 3 -RRB- a level playing field for the small investor .
Could rising [ARG0 volatility] possibly be related to uncertainty about the economics of stocks , instead of the evil deeds of program-trading goblins ?
In * using program trading as a whipping boy , fundamentalist investors stand *-1 to gain the high ground in * wooing small investors for their existing stock-selection [ARG0 products] .
The offsetting [ARG0 fees] would apply to filings made * under the Hart-Scott-Rodino Act .
The Underwood family said that holders of more than a majority of the stock of the company have approved the transaction by written consent .
The combined processes may significantly raise the current-carrying capacity of multi-crystal samples .
50 million Swiss francs of privately placed convertible notes due March 31 , 1994 , with a fixed 0.25 % coupon at par via Yamaichi Bank -LRB- Switzerland -RRB- .
Put option March 31 , 1992 , at a fixed 107 7\/8 * to yield 3.43 % .
60 million Swiss francs of privately placed convertible notes due Dec. 31 , 1993 , with a fixed 0.25 % coupon at par via Union Bank of Switzerland .
Put option on Dec. 31 , 1991 , at a fixed 106 7\/8 * to yield 3.42 % .
Stadiums tend *-1 to redistribute existing [ARG0 wealth] within a community , not create more of it .
Whereas conventional securities financings are structured *-3 to be sold *-1 quickly , Wall Street 's new penchant for leveraged buy-outs and junk bonds is resulting in long-term lending commitments that *T*-2 stretch out for months or years .
In addition , Shearson 's [rel listed] [ARG1 $ 2 billion] *U* of capital is overstated *-1 , according to the rating concerns , because it includes $ 1.7 billion *U* of goodwill .
Most recently , Mr. Veraldi , 59 years old , has been vice president of product and manufacturing [ARG0 engineering] at Ford Motor Co .
The government reported that orders for manufactured goods were essentially unchanged in September while construction spending was slightly lower .
A reading below 50 % indicates that the manufacturing [ARG0 sector] is slowing while a reading above 50 % suggests that the industry is expanding .
The issue could be relaunched *-1 , possibly in a restructured form , as early as next week , according to the lead underwriter .
Stock-index arbitrage -- * Buying or selling baskets of stocks while at the same time *-1 executing offsetting [ARG0 trades] in stock-index futures or options .
Uptick -- An expression signifying that a transaction in a listed security occurred at a higher price than the previous transaction in that security .
Dunkin' has set Nov. 10 as the deadline for the receipt of any competing [ARG0 bids] .
While renewed optimism about the outlook for takeover activity boosted several so-called deal stocks , traders said 0 profit-taking weighed on the market , with blue-chips bearing the brunt of the selling .
Advancing [ARG0 stocks] led decliners on the New York Stock Exchange by 847 to 644 .
An index of economic activity drawn * from the survey stood last month at 47.6 % ; a reading above 50 % would have indicated that the manufacturing [ARG0 sector] was improving .
Other rumored takeover and restructuring candidates 0 *T*-2 to attract buyers included Woolworth , which *T*-1 went up 1 3\/4 to 59 1\/2 ; Avon Products , up 1 3\/4 to 29 1\/4 ; Paramount Communications , up 2 to 57 7\/8 , and Ferro , up 2 5\/8 to 28 3\/4 .
New York-based POP Radio provides , through a national , in-store network , a customized music , information and advertising [ARG0 service] which *T*-1 simulates live radio .
New York-based POP Radio provides , through a national , in-store network , a customized music , information and [rel advertising] service which *T*-1 simulates live radio .
New York-based POP Radio provides , through a national , in-store network , a customized music , information and [rel advertising] service which *T*-1 simulates live radio .
The bulk of the pretax charge is a $ 62 million *U* write-off of capitalized servicing at the mobile home financing subsidiary , which the company said 0 *T*-1 had been a big drain on earnings .
While he reaffirmed support for the country 's Feb. 25 elections , Ortega indicated that renewed U.S. military aid to the Contras could thwart the balloting .
Died : James A. Attwood , 62 , retired chairman and president of Mutual Life Insurance Co. of New York , Tuesday , in New York City , of an acute anemic condition .
Sony 's planned acquisition of Guber\/Peters Entertainment Co. for $ 200 million *U* is scheduled *-1 to close Monday .
Komatsu Ltd. , a large integrated maker of construction machinery , posted a 32 % unconsolidated gain in first-half pretax profit .
But in recent days , Columbia has edged up , *-1 closing at 5 1\/4 , up 3\/8 , yesterday on revived speculation that the thrift might restructure .
`` Feeding Frenzy '' -LRB- Henry Holt , 326 pages , $ 19.95 *U* -RRB- , a highly [rel detailed] account of the Wedtech scandal , begins on a reassuring note .
Bribe by bribe , Mr. Sternberg and his co-author , Matthew C. Harrison Jr. , lead us along the path 0 Wedtech traveled *T*-1 , from its inception as a small manufacturing company to the status of full-fledged defense contractor , entrusted * with the task of * producing vital equipment for the Army and Navy .
It *EXP*-1 is n't clear , however , who *T*-2 would win a waiting [ARG0 game] .
USX Corp. posted a 23 % drop in third-quarter profit , as improved oil results failed *-1 to offset weakness in steel and natural gas operations .
In New York Stock Exchange composite trading yesterday , USX shares closed up $ 1.25 *U* , at $ 34.625 *U* , as the reported earnings exceeded projections by some analysts who *T*-1 had n't expected as great a volume of asset sales .
Nomura , the world 's biggest securities company largely by virtue of its protected home field , and Industrial Bank of Japan , Japan 's most innovative and aggressive bank in capital markets abroad , captain the opposing [ARG0 sides] .
After all , he says 0 *T*-1 , `` *-2 Even to make love , you need experience .
After all , he says 0 *T*-1 , `` *-2 Even to make love , you need experience .
Advancing [ARG0 issues] outnumbered decliners 542 to 362 , while 208 issues were unchanged .
First , he said 0 *T*-1 , domestic interest rates are likely *-2 to stay at higher levels as increased anticipation of inflation followed rising [ARG0 consumer] prices reported * last week .
Contributing to the market 's reserved stance was *T*-1 the release later in the day of new data on the health of the U.S. economy , in the form of the U.S. index of leading [ARG0 indicators] .
The move strengthens the existing [ARG0 links] between the Agnellis and the Aga Khan , the head of the world 's Ismaili Moslems who *T*-119 is a longtime family friend and *-1 frequently goes sailing with Mr. Agnelli .
Giovanni Agnelli & Co. , which *T*-1 was formed *-86 in January 1987 as a way of * keeping the Agnellis ' controlling [ARG0 stake] in Fiat together despite an ever-growing family tree , has been playing a more active role in the Agnelli group of late .
Capital requirements will be declining and no new generating facilities will be required *-90 for several years , Moody 's said 0 *T*-1 .
Several components that *T*-131 track the health of the manufacturing [ARG0 sector] of the economy turned down in September .
The Control Data deal is a boon for Mips because it gives the the five-year-old company one more ally as it battles more established electronic concerns such as Sun , Hewlett-Packard Co. , Motorola Inc. and Intel Corp. for the emerging [ARG0 market] for RISC machines .
The machine uses a single processor , which *T*-139 makes it easier 0 * to program *T*-1 than competing [ARG0 machines] using several processors .
Pennzoil 's poison pill covers five years in order * to give current management enough time 0 * to put these proceeds to [rel work] [ARGM-MNR in a prudent manner] *T*-1 .
Enfield is a holding company with interests in manufacturing [ARG0 concerns] .
Meanwhile , at home , Mitsubishi has control of some major projects .
But at a time of mounting [ARG0 concern] over alcohol abuse , some liquor marketers consider Seagram 's frequent buyer promotion risky .
The U.S. has charged that the Marcoses ' alleged crimes involved bank accounts in the Philippines , Hong Kong , the U.S. and other countries .
The merged firm will carry Norris McLaughlin 's name .
One group of middle-aged manufacturing men from the company 's Zama plant outside Tokyo was supposed *-1 to check out a trendy restaurant in the city .
Western analysts say that , given the meeting 's setting at sea , Gorbachev is unlikely *-1 to pass up the opportunity * to press once again for negotiated cuts in the navies of both the North Atlantic Treaty Organization and the Warsaw Pact .
Unfortunately , according to Webster 's Biographical Dictionary , `` His policies went beyond his control and resulted ... in riots and disturbances '' and later a renewed campaign of civil disobedience `` resulted in rioting and a second imprisonment . ''
After a flat second quarter tied * largely to lower newsprint earnings , Kimberly-Clark attributed the gain to improved results in its consumer businesses in North America , Brazil and Korea .
About 800 have crossed the picket lines and returned to [rel work] .
The general public may not know his name , but he 's famous -- * make that infamous -- in advertising circles : *-1 A marketing [ARG0 consultant] , he pioneered *-1 slashing ad agency commissions , to the delight of advertising clients and the dismay of agencies .
Mr. Spielvogel said 0 Mr. Achenbaum will work with clients *-1 to determine the mix of promotion , merchandising , publicity and other marketing outlets , and to integrate those services .
*-1 Unable *-2 to get a new law through a congress with a strong leftist bloc , Mexico jury-rigged the existing [ARG0 law] 's regulations .
Together with the 3.6 million shares currently controlled * by management , subsidiaries and directors , the completed tender offer would give Sea Containers a controlling [ARG0 stake] .
The Senate Banking Committee will begin hearings *ICH*-1 next week on their proposal * to expand existing federal housing [ARG0 programs] .
The Senate Banking Committee will begin hearings *ICH*-1 next week on their proposal * to expand existing federal [ARG0 housing] programs .
Ocean Drilling said 0 it wo n't hold any shares of the new company after the restructuring .
This involves trade-offs and -LCB- it -RCB- cuts against the grain of existing consumer and even [ARG0 provider] conceptions of what *T*-1 is ` necessary . ' ''
This involves trade-offs and -LCB- it -RCB- cuts against the grain of existing consumer and even provider [ARG0 conceptions] of what *T*-1 is ` necessary . ' ''
This involves trade-offs and -LCB- it -RCB- cuts against the grain of existing [ARG0 consumer] and even provider conceptions of what *T*-1 is ` necessary . ' ''
Stelco Inc. said 0 it plans *-1 to shut down three Toronto-area plants , *-1 moving their fastener operations to a leased facility in Brantford , Ontario .
He said 0 the new facility will employ 500 of the existing 600 [ARG0 employees] .
The combined company would have had 1988 sales of $ 13.1 billion *U* .
Advancing [ARG0 issues] on the Big Board surged ahead of decliners 1,111 to
Advancing OTC [ARG0 stocks] outpaced decliners by 1,120 to 806 .
Advancing [ARG0 OTC] stocks outpaced decliners by 1,120 to 806 .
`` They are always the first 0 *T*-2 to be sold *-1 when people are taking profits *T*-3 , because people are most scared of the high-technology stocks , '' said *T*-4 Robin West , director of research for Ladenburg Thalmann 's Lanyi division , which *T*-69 specializes in emerging [ARG0 growth] stocks .
The result is that all sides resort to sleight of hand * to make room for competing housing and environmental [ARG0 programs] , and the commitments now will drive excess spending into fiscal 1991 .
The result is that all sides resort to sleight of hand * to make room for competing [ARG0 housing] and environmental programs , and the commitments now will drive excess spending into fiscal 1991 .
The Dallas oil and gas concern said that $ 10 million *U* of the facility would be used *-1 *-3 to consolidate the company 's $ 8.1 million *U* of existing bank [ARG0 debt] , to repurchase 4 million of its 4.9 million shares outstanding of Series D convertible preferred stock , and to purchase a 10 % net-profits interest in certain oil and gas properties from one of its existing lenders , National Canada Corp .
The Dallas oil and gas concern said that $ 10 million *U* of the facility would be used *-1 *-3 to consolidate the company 's $ 8.1 million *U* of existing [ARG0 bank] debt , to repurchase 4 million of its 4.9 million shares outstanding of Series D convertible preferred stock , and to purchase a 10 % net-profits interest in certain oil and gas properties from one of its existing lenders , National Canada Corp .
The Dallas oil and gas concern said that $ 10 million *U* of the facility would be used *-1 *-3 to consolidate the company 's $ 8.1 million *U* of existing bank debt , to repurchase 4 million of its 4.9 million shares outstanding of Series D convertible preferred stock , and to purchase a 10 % net-profits interest in certain oil and gas properties from one of its existing [ARG0 lenders] , National Canada Corp .
The Treasury plans *-1 to raise $ 2.3 billion *U* in new cash with the sale Monday of about $ 16 billion *U* in short-term bills * to redeem $ 13.71 billion *U* in maturing [ARG0 bills] .
The Credit Lyonnais purchase , for 33,000 regular common shares and 10,000 newly [rel created] shares , is valued *-1 at about slightly more than 80 million French francs .
The company attributed the decrease in part to the exclusion of the company 's British sales from the current year 's figures as a result of the subsidiary 's status as a proposed discontinued operation and , in part , to lower sales in certain key foreign and domestic accounts .
Cilcorp will also assume $ 22 million *U* of Hunter 's existing [ARG0 debt] .
Cilcorp will also assume $ 22 million *U* of Hunter 's [rel existing] debt .
Separately , Cilcorp said 0 it plans *-1 to purchase as many as 1.4 million shares , or 10 % of its common stock outstanding from time to time on the open market and through privately [rel negotiated] transactions .
The company , which currently *T*-121 has 13.5 million common shares outstanding , said 0 it has no specific plans for the shares .
In stock-index arbitrage , traders buy and sell large amounts of stock with offsetting [ARG0 trades] in stock-index futures *-1 to profit from fleeting price discrepancies between the two markets .
And we 'll raise it through existing [ARG0 shareholders] '' as well as through junk bonds , said *T*-1 Anthony Simonds-Gooding , the private consortium 's chief executive .
But Mr. Simonds-Gooding said 0 he is n't talking to any studios about investing .
In London trading , Courtaulds , a chemicals and textiles company , increased 15 pence to 362 after it disclosed plans * to spin off its textiles operations into a separately [rel listed] company *PPA*-1 on Jan. 1 .
Courtaulds PLC announced plans * to spin off its textiles operations to existing [ARG0 shareholders] in a restructuring * to boost shareholder value .
The Upper Saddle River , N.J. , communications firm said 0 it is considering alternatives to the restructuring of the senior secured notes because of changes in the high-yield market .
The two-part issue consists of $ 200 million *U* of senior subordinated reset notes maturing in 1997 and $ 150 million *U* of subordinated floating [ARG0 rate] notes also maturing in 1997 .
The Chicago-based food and consumer goods concern was acquired *-1 in April 1986 in a $ 6.2 billion *U* leveraged buy-out engineered * by Kohlberg Kravis Roberts & Co .
Chugai agreed then *-1 to fund certain associated research and development costs .
Mr. Bologna said 0 the sale would allow Gen-Probe to speed up the development of new technology , and to more quickly apply existing [ARG0 technology] to an array of diagnostic products 0 the company wants *-3 to offer *T*-2 .
By 1988 , when only 10 genetic probe-based tests of diagnostic infectious diseases of humans had been approved *-2 for marketing by the Food and Drug Administration *T*-3 , eight of them had been developed and sold *-4 by Gen-Probe .
Kobe Steel Ltd. adopted Soviet casting technology in 1966 and used it for 14 years until it developed its own system .
MAY 1 , 1975 , SIGNALED A DISTRESSFUL May Day for securities houses , which *T*-1 were forced *-2 to end 183 years of * charging fixed commissions .
Within three weeks of the 1975 end to fixed rates there were all-out price wars among brokers fighting for institutional business , with rate slashes of 35 % to 60 % *U* below pre-May 1 levels .
Foreign stock markets , with which the U.S. is entwined *-2 , also have ended fixed commissions in recent years .
Paris is currently phasing out fixed commissions under its `` Le Petit Bang '' plan .
Concerning your Sept. 29 article `` Retailers Face Cutbacks , Uncertain Future '' : The outcome of our leveraged buyout is looking very positive .
Oregon 's Mr. Hyman has investigated claims of flying cats , apparitions and bouncing [ARG0 chandeliers] and has come up with a plausible explanation , he says , for every one .
Any hiring is confined *-1 to retail sales .
The supply of experienced civil engineers , though , is tighter .
The Democratic leadership agreed *-1 to allow a floor vote on the issue *ICH*-2 before the end of the year -- a debate certain * to focus on the alleged racial inequality of death sentencing .
Amid the swirl of punitive rhetoric surrounding the issue , one critical question involves whether a federal death penalty , on top of existing [ARG0 state] laws , would deter any would-be criminals .
Amid the swirl of punitive rhetoric surrounding the issue , one critical question involves whether a federal death penalty , on top of existing state [ARG0 laws] , would deter any would-be criminals .
Judith Elkin , lawyer for the creditors , said 0 the creditors group is challenging certain accounting entries on the parent company 's books and estimates that the receivable owed the steel company * could be as much as $ 40 million *U* .
The lawyers went to [rel work] [ARGM anyway] , *-1 duly noting that the proceeding was taking place during a major earthquake .
It *EXP*-1 was Revco 's huge debt from its $ 1.3 billion *U* leveraged buy-out in 1986 that *T*-2 forced it to seek protection under Chapter 11 of the federal Bankruptcy Code .
Its problem , they say *T*-1 , is that management paid too much in the leveraged buy-out and the current $ 515 million *U* debt load is keeping Revco in the red .
`` At the end of the third quarter , there was still no evidence of renewed home building in response to the midyear decline of mortgage rates , '' Mr. Christie said *T*-1 .
Contracting for non-residential buildings rose 10 % in September to an annualized $ 100.8 billion *U* .
And Japan 's management system makes it *EXP*-1 hard * to impose a single , integrated computer system corporatewide .
And because general retail centers such as ComputerLand have little presence in Japan , sales remain in the iron grip of established computer makers .
`` For a woman whose period *T*-487 is late , * using RU-486 means no waiting , no walking past picket lines at abortion clinics , and no feet up in stirrups for surgery , '' burbles *T*-1 health writer Laura Fraser .
The monthly `` trade deficit '' figure is limited *-1 to traditional merchandise trade : manufactured goods and raw materials .
At the New York Stock Exchange , which *T*-2 has been buffeted *-1 by complaints from angry individual investors and the exchange 's own listed companies , Chairman John J. Phelan Jr. held an emergency meeting with senior partners of some of the Big Board 's 49 stock specialist firms .
The program-trading outcry was taken *-1 to a new level when giant Contel Corp. said 0 it and 20 or more of the Big Board 's listed companies are forming an unprecedented alliance *-3 to complain about the exchange 's role in program trading *T*-2 .
In stock-index arbitrage , traders buy and sell large amounts of stocks with offsetting [ARG0 trades] in stock-index futures and options .
*-3 To confirm Mr. Guy 's identification , Sotheby 's and IFAR exchanged photos by fax , and the waiting [ARG0 man] , *-2 apparently innocent of knowledge that the kylix was stolen *-1 , agreed *-2 to release it .
He sold them well below market value *-2 to raise cash `` *-3 to pay off mounting [ARG0 credit-card] debts , '' incurred * * to buy presents for his girlfriend , his attorney , Philip Russell , told IFAR 0 *T*-1 .
For owners who *T*-1 have followed the recommended oil maintenance schedule , Mazda will extend to five years or 60,000 miles the warranty term for engine damage due to abnormal engine oil deterioration .
In September 1987 , it ordered LTV *-1 to reassume liability and funding for the three original plans .
At Nissan , `` we felt 0 we wanted *-2 to do something *-3 to help them gather money , and we had this airtime on Monday Night Football , '' explains 0 *T*-1 Brooke Mitzel , a Nissan advertising creative [ARG0 manager] .
At Nissan , `` we felt 0 we wanted *-2 to do something *-3 to help them gather money , and we had this airtime on Monday Night Football , '' explains 0 *T*-1 Brooke Mitzel , a Nissan [rel advertising] creative manager .
Western Union had offered *-1 to swap each $ 1,000 *U* face amount of the notes for six shares of common stock and two new debt issues : a $ 500 *U* note paying an interest rate starting at 16.75 % annually and rising in later years , due in 1992 , and a $ 500 *U* note , due in 1997 , paying a fixed rate of 17 % and including rights protecting a holder against a decline in the trading price of the bond .
A third-quarter charge of $ 3.5 million *U* related * to planned restaurant closings resulted in a net loss for the quarter .
An emerging [ARG0 understanding] of the genes is expected *-1 to produce an array of new strategies for future cancer treatment and prevention .
He assumed 0 the missing [ARG0 piece] contained a gene or genes whose loss *T*-1 had a critical role in * setting off the cancer .
`` It was the confirming [ARG0 evidence] *ICH*-2 0 we all needed *T*-1 that -LCB- gene -RCB- losses were critical to the development of a common tumor , '' says *T*-3 Ray White at Howard Hughes Medical Institute in Salt Lake City .
There also are reports from several labs , as yet unpublished * , of missing [ARG0 p53] genes in tissue taken * from kidney , brain and skin cancers .
Already two major pharmaceutical companies , the Squibb unit of Bristol-Myers Squibb Co. and Hoffmann-La Roche Inc. , are collaborating with gene hunters *-1 to turn the anticipated cascade of discoveries into predictive tests and , maybe , new therapies .
Michael Foods has attracted a good many short-sellers , the people who *T*-1 sell borrowed shares in a bet that a stock price will drop and allow the return of cheaper shares to the lender .
But the transaction is just Mr. Peladeau 's latest step in a larger design : * to build Quebecor through acquisitions into an integrated paper , publishing and printing concern with a reach throughout North America .
The new , as yet unnamed , subsidiary will combine Quebecor 's [rel existing] printing unit and Maxwell Graphics .
The new , as yet unnamed , subsidiary will combine Quebecor 's existing [ARG0 printing] unit and Maxwell Graphics .
The new , as yet unnamed , subsidiary will combine Quebecor 's existing printing [ARG0 unit] and Maxwell Graphics .
The New York suit was filed *-1 on behalf of Justice Isaac Rubin , whose appointment to the state appellate division *T*-2 expires at year end , and all other judges hurt * by the alleged age discrimination .
The suit , assigned * to federal Judge Kimba Wood , seeks a permanent injunction , back pay for judges who *T*-1 have been forced *-2 to retire , reinstatement of retired judges and `` other affirmative relief necessary * to eradicate the effects of -LRB- New York 's -RRB- unlawful employment practices . ''
But Mr. Smith said 0 Sony intends *-1 to prove that the oral agreement did in fact exist , and that even the existing written [ARG0 contract] does n't preclude the producers from *-2 taking executive posts at another studio .
Warner , which *T*-2 is in the process of * being acquired *-1 by New York-based Time Warner Inc. , also said 0 it paid the two producers a fixed annual salary of $ 3 million *U* .
Douglas Stoneman , vice president of Shell Canada , noted that producers would prefer *-2 to avoid hearings into competing [ARG0 proposals] that *T*-1 would lengthen the regulatory review process and bog down development .
The Federal Reserve Board said 0 it is delaying approval of First Union Corp. 's proposed $ 849 million *U* acquisition of Florida National Banks of Florida Inc. , pending the outcome of an examination into First Union 's lending [ARG0 practices] in low-income neighborhoods .
The settlement stemmed from a lawsuit 0 the dealers filed *T*-1 in 1982 when the Times began its own competing direct delivery [ARG0 service] *T*-2 .
The settlement stemmed from a lawsuit 0 the dealers filed *T*-1 in 1982 when the Times began its own competing direct [ARG0 delivery] service *T*-2 .
Bancroft Convertible Fund Inc. , New York , likely will reject a renewed offer *ICH*-1 from Florida investor Robert I. Green * to buy Bancroft for $ 18.95 *U* a share .
Mr. Sugarman has in turn contended that the other major shareholder group -- whose interests *T*-2 are represented *-1 by three other directors connected * to trusts in the name of the children of the company 's founder , James Patterson -- has ties to a competing fast [ARG0 food] chain , Wendy 's International Inc .
Mr. Sugarman has in turn contended that the other major shareholder group -- whose interests *T*-2 are represented *-1 by three other directors connected * to trusts in the name of the children of the company 's founder , James Patterson -- has ties to a competing fast food [ARG0 chain] , Wendy 's International Inc .
The combined operations had 1988 revenue of about $ 100 million *U* .
Proceeds of the loan agreement , together with funds from Vitro , will permit the purchase of all shares outstanding of Anchor and the payment of all related costs and expenses .
Vitro said 0 the definitive agreements require that Anchor obtain a waiver from its bank lenders of existing [ARG0 covenant] defaults under its bank facilities .
Vitro said 0 the definitive agreements require that Anchor obtain a waiver from its bank lenders of existing covenant [ARG0 defaults] under its bank facilities .
About 70,000 people attended the anti-government rally , at which leaders of the banned African National Congress refused *-2 to renounce violence 0 * to end apartheid *T*-3 *T*-1 .
Analysts questioned whether Georgia-Pacific will ultimately prevail , *-1 saying 0 other paper concerns may make competing [ARG0 bids] .
When it announced the planned breakup in May *T*-1 , Cray Research said 0 development costs of several competing projects were squeezing its earnings growth .
Mr. Bixby said that early signs point to improved earnings and revenue in the first quarter of fiscal 1990 .
By contrast , Value Line said 0 Georgia-Pacific `` is in a comparatively good position * to deal with weakening paper markets , '' because its production is concentrated *-1 not in the Northwest but in the South , where it should be able *-2 to avoid some of the cost pressures from rising [ARG0 wood-chip] prices *T*-3 .
The company , which *T*-1 makes integrated circuits and other electronic parts , now has about 47 million common shares outstanding .
Before that , he was an executive with a manufacturing [ARG0 concern] .
In September , Kellogg Co. launched a competing psyllium-fortified [ARG0 cereal] called * Heartwise .
Nashua , whose major business *T*-1 is * selling copiers , facsimile machines and related supplies , said 0 Reiss & Co . B.V. of the Netherlands filed a request *ICH*-2 with the Federal Trade Commission under the Hart-Scott-Rodino Act for permission * to buy more than $ 15 million *U* of Nashua 's stock but less than 25 % .
Seasonally [rel adjusted] figures for August were n't available because of a recent strike that *T*-1 has disrupted the ministry 's data collection .
In a July analysis titled * `` From Euphoria to Despair , '' W.I. Carr -LRB- Far East -RRB- Ltd. , another securities firm , said that eroding [ARG0 confidence] might undermine future economic development .
The other came in 1974-75 from the combined shock of world recession and a severe local stock market crash .
*-1 Bowing to a mounting [ARG0 public] outcry , three more major securities firms -- Bear , Stearns & Co. Inc. , Morgan Stanley & Co. and Oppenheimer & Co. -- announced Friday 0 they would suspend stock-index arbitrage trading for their own accounts .
Stock-index funds frequently use the futures markets as a hedging tool , but that is a far less aggressive strategy than stock-index arbitrage , in which traders buy and sell big blocks of stocks with offsetting [ARG0 trades] in stock-index futures *-2 to profit from price differences *T*-1 .
As Brooks Brothers jumps into the fashion fray , it will be playing catch up .
While *-2 admitting 0 such a move would be `` devastating '' to most creditors , Judge Abramson told a courtroom filled * with nearly two dozen attorneys that he was concerned *-1 about the toll 0 mounting legal [ARG0 bills] will take *T*-3 on Mr. Hunt 's shrinking estate and about the fact that , following voting by creditors , none of the reorganization plans appeared *-4 to be viable in their present form .
The Manufacturers Hanover Corp. unit , which *T*-1 is seeking repayment of a $ 36 million *U* loan , has asked the court *-3 to give its claim priority over that of Minpeco , which *T*-2 won a $ 132 million *U* judgment against Mr. Hunt , his brother Nelson Bunker Hunt and other defendants last year in a case stemming from their alleged attempts * to corner the silver market in
Although the polyester and rayon markets remain mostly bleak , Akzo has high hopes for some emerging fiber [ARG0 businesses] , such carbon fibers and aramid , extremely strong fibers used * *-1 to reinforce tires and metals and to make such products as bullet-proof vests .
There are the strict monetarists , who *T*-1 believe that floating [ARG0 exchange] rates free an economy to stabilize its price level by *-2 stabilizing the monetary aggregates .
There are the supply-side globalists , who *T*-1 seek *-2 to spread the advantages of a common currency through fixed exchange rates .
While *-1 no doubt agreeing with Mr. Lawson on everything else , Sir Alan is a dyed-in-the-wool monetarist , inclined * to defend floating [ARG0 rates] to the death .
By accounting [ARG0 definitions] , this had *-1 to produce a sudden trade deficit .
Perhaps the fiscal shock of tax cuts is after all best absorbed *-1 by floating [ARG0 rates] , though of course in the event Mr. Lawson resigned over whether * to support a weak pound , not restrain a strong one .
In particular , * `` shadowing '' a currency is anything but fixing ; it is an open announcement that the exchange rate target has no credibility .
The company 's earnings before interest , taxes and depreciation , which bondholders use *T*-1 a measurement of the chain 's ability * to pay its existing [ARG0 debt] , increased 11 % in fiscal 1989 to $ 926.1 million *U* from $ 833.6 million *U* .
The government and the ANC , the bitterest of enemies , are engaged *-1 in an elaborate mating dance designed * *-2 to entice each other to the negotiating [ARG0 table] .
Analysts agree , *-1 predicting that the revived market could significantly boost Westinghouse 's bottom line in coming years .
Despite shutdowns of the company 's Lester and East Pittsburgh plants , the company believes 0 it has sufficient capacity 0 * to meet near-term demand with its much smaller and more efficient manufacturing [ARG0 facilities] in North Carolina *T*-1 .
Still , Westinghouse acknowledges that demand from independent producers could evaporate if prices for fuel such as natural gas or oil rise sharply or if utilities , which *T*-2 have been pressured by regulators *-1 to keep down rates , are suddenly freed *-3 to add significant generating capacity .
A cross-functional team at Union Carbide 's Tonawanda , N.Y. , facility , which *T*-1 produces air-separation plants , followed a similar path *-2 to reduce manufacturing [ARG0 cycle] time .
He achieved this in part with an uncanny talent for *-1 getting his foot peacefully in the door of established European companies .
Mr. Rey bought a controlling [ARG0 stake] in Inspectorate for 18 million Swiss francs in 1982 , *-1 building up the little-known engineering company with European and U.S. acquisitions .
But after restructuring [ARGM-LOC under new management] , the profits began rolling in .
And , just recently , Merrill Lynch cut the recommended bondholdings back to 50 % .
And Mr. Straszheim conceded after a recent drop in manufacturing [ARG0 jobs] that `` it *EXP*-3 may prove *-2 to be the case that we got whipsawed *-1 -- that we pulled the recession forecast at just the wrong time . ''
Edouard Balladur , the finance minister at the time , was sold on the tax-cut policy but was concerned that his government would be criticized *-1 as anti-European for *-1 disturbing the linked European currency relationship .
Consequently , Mr. Lawson saddled Mrs. Thatcher with a record trade deficit , renewed inflation and high interest rates -- three political failures in a row .
This change in the British capital account required an offsetting [ARG0 change] in the trade account , a change that *T*-2 could not be prevented *-1 by * pegging the currency .
Mr. Perlman , who *T*-1 is also acting [ARG0 chief] financial officer and the odds-on favorite 0 *T*-2 to become the next chief executive , said 0 the company is achieving `` modest positive cash flow from operations , and we expect that to continue into 1990 . ''
Accrued interest on the refund was about $ 18 million *U* as of Oct. 25 .
Polly Peck , a fast-growing British conglomerate , will pay 15.6 billion yen -LRB- $ 110 million *U* -RRB- for 39 million new shares of Sansui , a well-known maker of high-fidelity audio equipment that *T*-1 failed *-2 to adjust to changing [ARG0 market] conditions .
Polly Peck , a fast-growing British conglomerate , will pay 15.6 billion yen -LRB- $ 110 million *U* -RRB- for 39 million new shares of Sansui , a well-known maker of high-fidelity audio equipment that *T*-1 failed *-2 to adjust to changing market [ARG0 conditions] .
The bolstered cellular agreement between BellSouth Corp. and LIN Broadcasting Corp. carries heightened risks and could fail *-1 to fend off McCaw Cellular Communications Inc. , the rival suitor for LIN .
Moreover , the amended pact shows how McCaw 's persistence has pushed LIN and BellSouth into a corner *T*-1 , *-2 forcing huge debt on the proposed new company .
In response to BellSouth 's amended pact , the Kirkland , Wash. , company extended its own offer * to buy 22 million LIN shares for $ 125 *U* apiece , which *T*-1 would give McCaw a 50.3 % controlling interest .
In response to BellSouth 's amended pact , the Kirkland , Wash. , company extended its own offer * to buy 22 million LIN shares for $ 125 *U* apiece , which *T*-1 would give McCaw a 50.3 % controlling [ARG0 interest] .
Stock-index arbitrage -- the computer-guided buying and selling of stocks with offsetting [ARG0 trades] in stock-index futures 0 *T*-1 to profit from fleeting price discrepancies -- affects the OTC market directly through the 31 stocks included * in Standard & Poor 's 500-stock index .
And *-2 to protect their reduced capital investment from *-4 eroding further , market makers became quicker *-2 to lower price quotes when sell programs are in progress *T*-3 .
Ortega cited renewed attacks by the U.S.backed rebels .
The talks in New York are the first since Bush and Soviet Foreign Minister Shevardnadze unveiled proposals *ICH*-1 in September * to scrap existing [ARG0 weapons] .
Authorities in Hawaii said 0 the wreckage of a missing [ARG0 commuter] plane with 20 people aboard was spotted *-1 in a remote valley on the island of Molokai .
But industry watchers expect them to blend the methodical marketing strategies 0 they use *T*-1 for more mundane products with the more intuitive approach typical of cosmetics companies .
Likely changes include more emphasis on research , soaring advertising budgets and aggressive pricing .
Without P&G 's backing , Noxell might not have been able *-1 to spend the estimated $ 5 million to $ 7 million *U* needed * * to accomplish that without *-2 scrimping on its existing [ARG0 brands] .
Intelligence Committee Chairman David Boren -LRB- D. , Okla . -RRB- and Vice Chairman William Cohen -LRB- R. , Maine -RRB- , for their part , angrily accused the White House of *-3 selectively leaking classified documents and trying unfairly *-2 to shift the blame *ICH*-1 to Congress for the bungled attempt * to topple Gen. Noriega .
Several of the New York Stock Exchange 's own listed companies , led * by giant Contel Corp. , are joining for the first time *-1 to complain about program trading and the exchange 's role in it .
One intended customer of the new basket product is index arbitragers , according to the exchange .
`` They wo n't fight the listed companies .
He succeeds the retiring [ARG0 James] W. Wilcock .
First Capital Holdings Corp. , proposed offering of $ 275 million *U* of floating [ARG0 rate] senior notes , via Shearson Lehman Hutton Inc .
`` Lion Nathan has a concluded contract with Bond and Bell Resources , '' said *T*-1 Douglas Myers , chief executive of Lion Nathan .
The British government , which *T*-1 owned Jaguar until 1984 , still holds a controlling `` golden [ARG0 share] '' in the company .
Specific terms are subject to review and a final agreement with debt holders , the company said 0 *T*-1 .
Also , debt holders would be offered *-2 an equity position in Leaseway , which in total *T*-3 would represent a controlling [ARG0 interest] in the company .
In a filing with the Securities and Exchange Commission , DPC Acquisition said 0 it expects 0 it will need about $ 215 million *U* *-1 to buy the shares and pay related fees and expenses .
The sale of the extrusion division is subject to audit adjustments for working capital changes through the closing .
Mutual funds , for example , are said *-1 to be selling existing municipal [ARG0 bonds] *-2 to raise cash 0 * to buy new issues *T*-3 .
Instead , the Dunde ice-core record shows increasing temperatures from 1900 through the early 1950s , decreasing [ARG0 temperatures] from the late 1950s through the mid-1970s , then higher temperatures again through last year .
The fiscal 1990 measure builds on a pattern set * earlier this year by House and Senate defense [rel authorizing] committees , and -- at a time of retrenchment for the military and concern about the U.S. 's standing in the world economy -- overseas spending is most vulnerable .
Conservatives , embarrassed * by Republican influence-peddling scandals at the Department of Housing and Urban Development , have used the issue in an effort * to shift blame onto a Democratic-controlled Congress .
In particular , advisers say 0 *T*-2 , investors may want *-3 to look at securities that *T*-1 reduce the risk that CD holders are confronting *T*-5 right now , of * having *-4 to reinvest the proceeds of maturing short-term [ARG0 certificates] at lower rates .
With average maturities of a month or so , money funds offer fixed share prices and floating [ARG0 returns] that *T*-1 track market interest rates , with a slight lag .
Nippon Air Brake Co . -LRB- Japan -RRB- -- 140 million Swiss francs of privately placed convertible notes due March 31 , 1994 , with fixed 0.25 % coupon at par , via Yamaichi Bank -LRB- Switzerland -RRB- .
Eight people , including a supervisor of Security Pacific National Bank 's central vault , were arrested *-1 in an investigation of an alleged drug money-laundering operation .
Mr. Dorfman provides confirming [ARG0 evidence] of this phenomenon when he reports that your staff of dart throwers would have accumulated only $ 112,383 *U* by * randomly selecting four new stocks 0 *T*-2 to be held *-1 in a portfolio each month *T*-3 .
Like other foreign banks establishing a presence here , the family describes its move as a calculated decision * to set up a financial services outlet in Europe 's largest economy ahead of the integration of European Community markets after 1992 .
As program trading comes under renewed attack for * causing stock market gyrations , a few people on Wall Street say 0 it is time 0 * to consider extreme measures *T*-1 .
Futures `` do n't need defending , '' says *T*-2 Andrew Yemma , a spokesman for the Chicago Mercantile Exchange , which *T*-1 trades the S&P 500 , by far the largest stock-index futures contract .
But an all-out bidding war between the world 's top auto giants for Britain 's leading [ARG0 luxury-car] maker seems unlikely .
Ford might succeed because many shareholders are speculators keen for a full bid or institutional investors unhappy over Jaguar management 's [rel handling] of its current financial difficulties .
Wholesale prices would be divided *-1 into three categories : raw materials sold * at fixed prices close to world levels ; government-set procurement prices for a small number of key products ; and free prices for everything else * to be determined *-2 by contracts between suppliers and purchasers .
Analysts said 0 the announcement , the latest in a series of divestitures and restructuring moves , is aimed *-1 at * improving Southam 's earnings before the expiration *ICH*-2 in June of a standstill pact with Torstar Corp .
Renewed efforts * to fight drugs and crime will be costly .
This morning as I drove the 13 miles to my law office and endured the routine heavy traffic during that twice-daily journey , I thought of how fortunate it *EXP*-2 was *T*-4 that we made the decision * to be residents of an expanding [ARG0 community] with so many opportunities and where so much is happening *T*-3 .
The presence of so many people , cars and competing [ARG0 businesses] is evidence of a healthy economy in a place where people want *-1 to live *T*-2 .
Finnish government officials are negotiating with creditors of Waertsilae Marine Oy , a major shipyard that *T*-2 filed for bankruptcy protection this week , amid confusion and mounting [ARG0 doubts] that collapse of the nation 's entire shipbuilding industry can be averted *-1 .
People familiar with Monday 's board meeting said 0 it was the state 's refusal * to explicitly reaffirm the credit guarantees that *T*-1 led Union Bank and Postipankki to halt lending to Waertsilae Marine .
But since the member countries of the International Monetary Fund agreed to the `` Guidelines to Floating '' in 1974 , such difficulties have been avoided *-1 .
`` It 's going *-1 to be the leading [ARG0 edge] technology in personal computers for the next few years .
Congress 's ham-handed treatment of the existing [ARG0 structure] of junk-bond holdings reminds us of a story in the Journal earlier this year about the Baby Bell companies ' desire * to have the court-ordered bans *ICH*-2 lifted *-1 on * offering information services .
Until the building is completed *-1 , Exxon will rent part of an existing office [ARG0 tower] .
Until the building is completed *-1 , Exxon will rent part of an existing [ARG0 office] tower .
Currently , they stand at $ 12,000 *U* for speculators , who *T*-1 are typically individuals and non-member traders , and $ 6,000 *U* for hedgers , which *T*-2 are usually institutions and have offsetting [ARG0 positions] in the underlying stocks .
That bill , proposed * by the SEC last year , would require brokerage firms to disclose the financial positions of their holding companies , mandate large traders ' reporting of program or block trades , and improve clearing and settlement of trades between the futures and stock markets .
One of the most prominent features is the requirement that in three years all exchanges have in place a system that *T*-1 records all trades by a source independent of the executing [ARG0 broker] .
They transferred some $ 28 million *U* from the Community Development Block Grant program designated * largely for low - and moderate-income projects and funneled it into such items as : -- $ 1.2 million *U* for a performing-arts center in Newark , -- $ 1.3 million *U* for `` job retention '' in Hawaiian sugar mills . -- $ 400,000 *U* for a collapsing [ARG0 utility] tunnel in Salisbury , -- $ 500,000 *U* for `` equipment and landscaping 0 *T*-1 to deter crime and aid police surveillance '' at a Michigan park . -- $ 450,000 *U* for `` integrated urban data based * in seven cities . '' No other details . -- $ 390,000 *U* for a library and recreation center at Mackinac Island , Mich .
Following a tripling of earnings , to $ 3.9 million *U* , on a doubling of revenue , to $ 116 million *U* , over four years , earnings in the company 's fiscal first quarter , which *T*-1 ended June 30 , plunged 90 % to $ 45,000 *U* .
Telos responded by *-1 combining three of its five divisions *-2 to reduce expenses and `` bring more focus to potentially fewer bidding opportunities , '' says *T*-3 Lin Conger , Telos chairman and controlling [ARG0 shareholder] .
The company not only merged three military-electronics [rel manufacturing] operations , but also closed an unrelated plant that *T*-1 makes ordnance devices used * in fighter planes and missiles .
From there , he set up his finance company and rapidly expanded from lending to investment in real estate to * building golf courses .
If this pattern continues , the Labor Department said 0 *T*-3 , 1989 will be the first year that the measure has shown an increase *T*-1 since 1981 when the department started *-2 comparing expiring [ARG0 contracts] with those that *T*-5 replaced them *T*-4 .
The gross proceeds from the sale of the notes , which *T*-1 will be due on Nov. 1 , 2004 , will be used *-2 * to reduce existing [ARG0 debt] and for general corporate purposes , the company said 0 *T*-3 .
Meanwhile , the Duke , who *T*-1 set the original scheme in motion , appears on the scene *-2 disguised *-3 as a friar and becomes involved in a series of intrigues that *T*-4 has everyone fearing the worst possible outcome until the Duke arranges a last minute reprieve for all concerned .
During the third quarter , Compaq purchased a former Wang Laboratories [rel manufacturing] facility in Stirling , Scotland , which *T*-2 will be used *-1 for international service and repair operations .
Mr. Swavely said 0 the new space will allow Compaq to increase the manufacturing [ARG0 capacity] of its plant in Erskine , Scotland .
For there is an emerging [ARG0 protocol] -- indeed , an etiquette -- to it .
The former $ 3 million-a-year *U* lobbyist now frequents shelters for the homeless and devotes a third of his time *-1 counseling other recovering alcoholics .
He is also a recovering workaholic , *-2 relaxing with his family and creating topiary , or garden-shrub sculpture , a fashionable pursuit for which he developed a passion *T*-1 during his three-year legal ordeal .
Richard Secord , the retired Air Force general felled * in the Iran-Contra scandal , is all but ruined -- *-1 forced *-2 to sell his Virginia home and pull his kids out of college , according to a recent fund-raising appeal sent * out on his behalf .
He adds that with communism collapsing and Mr. Gorbachev scrambling *-2 to rejuvenate the Soviet economy , `` Our interest lies in a controlled transformation , a contained nuclear reaction , so we need *-1 to help him , and not just with words . ''
He adds that with communism collapsing and Mr. Gorbachev scrambling *-2 to rejuvenate the Soviet economy , `` Our interest lies in a controlled transformation , a contained nuclear reaction , so we need *-1 to help him , and not just with words . ''
Mr. Schwarz also said 0 costs associated * with U.S. Trust 's planned move to midtown Manhattan from Wall Street will continue *-1 to be a drag on earnings through 1990 .
But problems in manufacturing , * forecasting demand and * getting the bugs out of a new management information system made it *EXP*-1 extremely difficult for Sun to meet demand for its newest computers well into the summer .
A competing [ARG0 version] of EPO is being developed *-1 by Genetics Institute Inc. in Cambridge , Mass .
That 's an emerging [ARG0 business] in which computer makers or consultants provide turnkey communications and computing services to major corporations *T*-1 .
The Fed has let interest rates slip slightly , but whether the main reason was dollar intervention , the gloomy reports on manufacturing [ARG0 employment] , or the Friday 13 market drop , only Mr. Greenspan and his associates know *T*-1 .
Mr. Manzanec , who *T*-1 succeeds retiring [ARG0 Richard] C. Dixon , will be responsible for gas supply , regulatory affairs , and marketing and transportation and exchange for Panhandle Eastern Pipe Line Co. , Trunkline Gas Co. , Texas Eastern Transmission Corp. and Algonquin Gas Transmission Co .
The U.S. argues that its plan would ease the transition to freer agriculture trade by *-3 converting certain non-tariff barriers into tariffs that *T*-1 , together with existing [ARG0 tariffs] , then would be phased *-2 out over 10 years .
The finance unit attributed the decline to higher borrowing costs compared with a year earlier .
GMAC said 0 its automotive financing and [rel leasing] business rose 35 % in the U.S. , largely because of dealer and customer incentives used * * to boost sales .
Common shareholders would end up *-1 owning about 6.4 % of the combined company .
Existing suspension [ARG0 systems] try *-1 to absorb bounces , but active suspension provides power * to counter the jolts .
Existing [ARG0 suspension] systems try *-1 to absorb bounces , but active suspension provides power * to counter the jolts .
Under its revised fleet plan , PWA said 0 it will also increase its existing [ARG0 fleet] of eight Boeing 767-300ER aircraft to 18 by 1994 , and add four more Boeing 747-400s by 1994 to the two units that it previously planned *-2 to add *T*-1 by next year .
The first five leased units were *-2 to be delivered *-1 in 1991 .
But advancing [ARG0 issues] on the Big Board were ahead of decliners 784 to 700 .
The adoption agency insists on *-1 introducing the adopting [ARG0 parents] to the birth mother , so Linda and Michael pay for pregnant Lucy 's -LRB- Ms. Masterson -RRB- bus ticket from Ohio .
This picture is about a middle-aged son who *T*-1 makes sure that his delayed bond with his father will last by *-3 waiting *-2 to cement it until just before the old man dies .
Finally , there is one family movie that *T*-1 quite eloquently explores the depth of human emotion -- only its stars are bears .
Westinghouse Electric Corp. , *-2 capitalizing on a major restructuring program , expects operating margins of more than 10 % and double-digit per-share earnings growth next year , top officers told securities analysts here 0 *T*-1 .
Company officials also said that any gain from the sale of Westinghouse 's 55 % stake in its transmission and distribution venture with the Swiss firm of Asea Brown Boveri will be offset *-1 by a restructuring charge in the fourth quarter .
In many of these deals , `` venture capitalists had the inside track , '' says 0 *T*-1 Lawrence Bock of Avalon Ventures , La Jolla , Calif .
Competing asset-allocation [ARG0 firms] march to their own computer models , so some have been partly or fully invested in stocks this year while Renaissance has sat on the sidelines .
Last Monday , Qintex Australia announced a restructuring plan and said 0 it would sell off assets .
MGM Grand Inc. has agreed *-1 to pay $ 93 million *U* and nearly 1.8 million common shares *-2 to buy 117 acres of land along the Las Vegas , Nev. , Strip as a site for its planned movie-studio and theme-park resort .
Of the total purchase price , $ 50 million *U* cash and $ 30 million *U* in stock -LRB- nearly 1.8 million shares -RRB- *T*-1 would be paid *-2 * to buy the existing 700-room [ARG0 Marina] Hotel & Casino from Southwest Securities , a Nevada limited partnership .
Of the total purchase price , $ 50 million *U* cash and $ 30 million *U* in stock -LRB- nearly 1.8 million shares -RRB- *T*-1 would be paid *-2 * to buy the existing 700-room Marina Hotel & [ARG0 Casino] from Southwest Securities , a Nevada limited partnership .
Of the total purchase price , $ 50 million *U* cash and $ 30 million *U* in stock -LRB- nearly 1.8 million shares -RRB- *T*-1 would be paid *-2 * to buy the existing 700-room Marina [ARG0 Hotel] & Casino from Southwest Securities , a Nevada limited partnership .
The purchase price was disclosed *-1 in a preliminary prospectus issued * in connection with MGM Grand 's planned offering of six million common shares .
Many small investors are facing a double whammy this year : They got hurt *-1 by *-1 investing in the highly risky junk bond market , and the pain is worse because they did it with borrowed money .
In a typical leverage strategy , a fund tries *-2 to capture the spread between what it costs *T*-1 * to borrow and the higher return on the bonds 0 it buys *T*-3 with the borrowed money .
He says 0 the fund , which *T*-1 is 40 % leveraged , has maintained a `` substantial cushion '' between its borrowing [ARG0 costs] and the yields of the portfolio 's bonds .
These rate indications are n't directly comparable ; lending [ARG0 practices] vary widely by location .
One would force brokerage houses to provide the SEC detailed information about loans made * by their holding companies .
K mart runs 2,200 K mart stores , primarily in leased facilities .
Democrats asked in * this week for discussions with President Bush have suggested ways of * `` tinkering '' with the Packwood-Roth proposal , *-3 suggesting an interest in * looking for a modified version 0 they can back *T*-1 , one official said 0 *T*-2 .
While his company 's hotel is building a retail complex in Beverly Hills style and redoing existing [ARG0 rooms] , it has decreased the number of its rooms .
They immediately termed the proposal inadequate and said 0 the restructuring would not solve the company 's problems .
At the same time , investors estimate 0 the restructuring would cut the company 's annual cash interest bill from about $ 90 million *U* to $ 85 million *U* .
People on fixed incomes get a break at Espre ; over 55 wins a 45 % discount at Anaheim Imperial Health Spa .
Mr. Hickey added that the stones found * in Hong Kong are thought *-1 to carry double the U.S. radiation limit , although he noted that double or even triple the U.S. limit is `` still in the range of safe levels . ''
The move is the biggest salvo yet in the renewed outcry against program trading , with Kemper putting its money -- the millions of dollars in commissions 0 it generates *T*-1 each year -- where its mouth is *T*-2 .
`` It 's all 0 anybody wants *-3 to talk about *T*-2 , '' says *T*-1 Richard Posner , executive vice president for Credit Exchange Inc. , a leading [ARG0 credit] service .
However , its equity in the net income of National Steel declined to $ 6.3 million *U* from $ 10.9 million *U* as a result of softer demand and lost orders following prolonged labor talks and a threatened strike .
Just this past week , a leading Japanese [ARG0 bank] asked for a meeting with the machinists ' union leaders 0 * to determine where the union would stand *T*-2 if another bid or recapitalization became possible *T*-1 .
Michael T. Carr , advertising [ARG0 director] of Playboy magazine , was named *-1 publisher of National Lampoon and Heavy Metal magazines , *-1 succeeding George Agoglia .
Anheuser-Busch Cos. said 0 it plans *-1 to aggressively discount its major beer brands , *-2 setting the stage for a potentially bruising price war as the maturing [ARG0 industry] 's growth continues *-3 to slow .
Mr. Thompson noted that the disappointing earnings , which *T*-1 fell five cents a share short of his own projections , contributed to the sell-off by an edgy and currently unforgiving investing [ARG0 public] .
Other losing issues included Showa Shell , which *T*-1 fell 40 to 1,520 .
The emergency assistance would n't be counted *-1 against a state 's normal allocation of annual highway funds , and the bill circumvents existing [ARG0 restrictions] that *T*-2 otherwise would prevent the use of federal aid * to repair a toll road , such as the San Francisco-Oakland Bay Bridge damaged * in last week 's earthquake .
Already , many of the Big Board 's own floor traders are warning that the ESP baskets are risky and not in the best interests of the investing [ARG0 public] .
This modification , apparently , would permit the French merchant to deliver this cocoa , if necessary , against existing short [ARG0 positions] .
Earlier this month IMA , an investment group that *T*-1 includes Chicago 's Pritzker family and First Boston Corp. , submitted a reduced bid for American Medical after it could n't finance its initial offer .
But advancing [ARG0 issues] topped decliners by 784 to 700 on the Big Board despite the late sell programs , resulting from stock-index arbitrage .
Sasebo Heavy Industries Co. , a medium-sized shipbuilder , expects its sales to increase 30 % this year , largely because of rising [ARG0 demand] for oil tankers .
Initially , the company said 0 it will close its commercial real-estate [rel lending] division , and stop *-2 originating new leases at its commercial lease subsidiary *T*-1 .
Baker offered *-1 to review Israel 's `` suggested changes '' to his proposal for direct Israeli-Palestinian talks .
`` Nine to Five , '' a Cleveland-based office workers organization that *T*-1 supports the beeper bill , six months ago started a privacy hot line 0 *T*-2 to receive reports of alleged monitoring abuses .
For the more than 43 million Americans with disabilities , the 1989 Americans With Disabilities Act provides the missing [ARG0 piece] .
Will he try *-2 to gain a seat on *RNR*-1 or control of *RNR*-1 the board and force a radical split of USX into separate oil and steel companies ?
It [rel blames] [ARG2 most of these] on [ARG1-on Fatah] .
*-2 Made *-1 of sand , it receives around-the-clock maintainence against the battering [ARG0 waves] .
Credit policy should separate these two competing objectives and eliminate aspects that *T*-1 provide the subsidy .
Simple policy prescriptions in this case would be * to improve debt collection -LRB- * taking the gloves off contracted collection agencies -RRB- and * to deny new credit to defaulters .
* Establishing these practices would permit earlier identification of emerging financial [ARG0 crises] , provide better information for loan sales and budgeting decisions , and reduce fraud .
Malcolm S. Todt was named *-1 vice president and senior officer in charge of equipment [rel leasing] to municipalities , a new effort of this bond insurer .
*-1 To encourage more competition among exporting [ARG0 countries] , the U.S. is proposing that export subsidies , including tax incentives for exporters , be phased *-2 out in five years .
Generally , a short seller expects a fall in a stock 's price and aims *-5 to profit by *-6 selling borrowed shares that *T*-3 are *-7 to be replaced *-1 later ; the short seller hopes 0 the replacement shares bought * later will cost less than those that *T*-4 were sold *-2 .
By a lopsided 401-18 margin , the chamber rejected an effort * to waive Gramm-Rudman for purposes of * addressing the two disasters , and budget analysts estimate 0 the increased appropriations will widen the fiscal 1990 deficit by at least $ 1.44 billion *U* unless offsetting [ARG0 spending] cuts or new revenues are found *-19 by Congress .
The United Nations , which *T*-1 is distributing farm tools to returning [ARG0 refugees] in Namibia , is rethinking a plan * to hand out machetes because of the tense political climate during preparations for independence from South Africa .
But despite mounting [ARG0 recession] fears , government data do n't yet show