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The company's ability to respond to energy needs world-wide will be enhanced through a recently announced venture with Mitsubishi Heavy Industries, Mr. Lego said. He said the independent power segment could grow to provide as much as 50% of near-term generation capacity, adding: "We expect to supply a significant share of this market." | {
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Acquisition has launched a suit in a Delaware court seeking the withdrawal of Dunkin's poison pill rights and employee stock ownership plans, which it claims were put in place to deter bidders. Acquisition said 2.2 million shares, or about 38.5% of the shares outstanding, have been tendered under its offer. | {
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Still, stock-index funds are expected to continue launching big programs through the market. Several Big Board firms are organizing to complain about program trading and the exchange's role in it. | {
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She said the move would result in a after-tax charge of less than $4 million to be spread over the next three quarters. By comparison, for the first nine months, Xerox earned $492 million, or $4.55 a share, on revenue of $12.97 billion. | {
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The latest results include some unusual write-downs, which had an after-tax impact of $4.9 million. Those included costs associated with the potential Valley Federal Savings and Loan Association acquisition, which was terminated on Sept. 27, 1989. | {
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For nearly forty years, the United States has said categorically it would not tolerate totalitarian rule in its own backyard. It is the US economic and political embargo which has kept Cuba in a box. | {
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Both companies are allies of Navigation Mixte in its fight against a hostile takeover bid launched last week by Cie. Financiere de Paribas at 1,850 French francs ($297) a share. Navigation Mixte's chairman had suggested that friendly institutions were likely to buy its stock as soon as trading opened Monday. | {
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And just last month, an off duty policeman is killed when a bomb explodes at another abortion clinic. Location, Birmingham, Alabama. | {
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In a joint statement with Tourism Minister Andrew Thomson, it said two new flights would leave Bombay on Monday and Tuesday nights from March 30, with the third departing each Thursday from August 6. This will add nearly 700 seats a week on the route. | {
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"question": "What will happen after the statement was made by Andrew Thomson?"
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"question": "What will happen after two new flights leave Bombay?"
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The predominantly Moslem nation of Bangladesh said today its troops would join multinational forces in Saudi Arabia. The size of the contingent was not disclosed. | {
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But, he notes, "If everything crumbles totally, that won't be such a problem." American officials staunchly disavow any interest in driving through Iraq toward Baghdad, either in pursuit of Saddam Hussein himself or to set up some American-controlled government inside Iraq. | {
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Billions of investors' dollars are pouring out of the nation's junk-bond mutual funds, undermining a pillar of support in the already reeling junk market. Last week alone, an eye-popping $1.6 billion flowed out of the junk funds, or nearly 5% of their total assets, according to estimates by Dalbar Financial Services Inc., a Boston research firm. | {
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The 32% state-owned DSM had eight million guilders of extraordinary charges in the latest quarter, mainly to reflect one-time losses in connection with the disposal of some operations. The charges were offset in part by a gain from the sale of the company's construction division. | {
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Once triggered, the rights allow holders to buy additional shares at 50% of the then current market price or, at the board's discretion, to receive securities or assets. Separately, Dominion Textile posted net income of 4.7 million Canadian dollars ($4 million), or 12 Canadian cents a share, for the fiscal-first quarter ended Sept. 30. | {
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] |
Israel has publicly declared that it will respond to an Iraqi attack on Jordan because it won't allow Iraq's dangerous army to take control of Jordan's long border with Israel. Iraq's third attack option would be to start an undeclared war on the U.S. and other Western nations through terrorism. | {
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``We have covered the entire list of questions and discussed how we will be tackling them,'' Yeltsin was quoted as saying by the ITAR-Tass news agency. ``I must say there are no unsettled problems any more. | {
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U.S. Trust, a 136-year-old institution that is one of the earliest high-net worth banks in the U.S., has faced intensifying competition from other firms that have established, and heavily promoted, private-banking businesses of their own. As a result, U.S. Trust's earnings have been hurt. | {
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WASHINGTON _ The economy created jobs at a surprisingly robust pace in January, the government reported on Friday, evidence that America's economic stamina has withstood any disruptions caused so far by the financial tumult in Asia. The Bureau of Labor Statistics said the economy added 358,000 jobs last month, far above the 235,000 forecast by economists. | {
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MOSCOW (AP)_ Presidents Leonid Kuchma of Ukraine and Boris Yeltsin of Russia signed an economic cooperation plan Friday, and Yeltsin claimed they resolved even more nagging problems. Russia and Ukraine share similar cultures and languages, and Ukraine was ruled from Moscow for centuries. | {
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Pretax profit fell 3.7% to #128 million from #133 million and was below analysts' expectations of #130 million to #135 million, but shares rose 6 pence to 388 pence in early trading yesterday in London. Reed is paying an interim dividend of 4.6 pence, up 15% from 4 pence a year earlier. | {
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Courtaulds' restructuring is among the largest thus far in Britain, though it is dwarfed by B.A.T Industries PLC's plans to spin roughly off #4 billion in assets to help fend off a takeover bid from Anglo-French financier Sir James Goldsmith. The divested Courtaulds textile operations had operating profit of #50 million on #980 million in revenue in the year ended March 31. | {
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The bulk of the pretax charge is a $62 million write-off of capitalized servicing at the mobile home financing subsidiary, which the company said had been a big drain on earnings. The company said the one-time provision would substantially eliminate all future losses at the unit. | {
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They also worry that if the government applies asset-forfeiture laws broadly, the best defense lawyers will be unwilling to take criminal cases unless they are assured of being paid. | {
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Gen. Schwarzkopf said that some early reports that chemical weapons were used against allied troops turned out to be "bogus." Iraq is believed to have the ability to deliver chemical weapons in artillery shells or, perhaps, atop Soviet-made Frog7 missiles. | {
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Secretary of State James Baker, speaking on ABC News' "This Week," said the Kuwaiti request gives the U.S. and other countries "a legal basis for stopping the export of oil and that sort of thing." The U.S. maintains that under the U.N. charter, the Kuwaiti request triggers steps for the collective enforcement of international sanctions. | {
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Pastor James Allmen of the fellowship church and school in Ashburn has led the anti-Saudi campaign. James Allmen says he has no problem with a privately funded academy, but he has a big problem with a Saudi funded school. | {
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The offer is being launched pursuant to a previously announced agreement between the companies. | {
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Iraq now controls 20 percent of the world's oil reserves with its conquest of Kuwait. Only Saudi Arabia has more oil reserves. | {
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MCA holds half of Cineplex's equity and 33% of its voting rights through restricted voting shares, while Bronfman interests hold about 24% of the company's equity. Ms. Kolber said the committee had received other bids. | {
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Nhek Bunchhay said he now believed Howes had been killed within a week of his capture by a Khmer Rouge faction loyal to Pol Pot, then the guerrilla group's leader. Pol Pot is considered responsible for the radical policies that led to the deaths of as many as 1.7 million Cambodians when the communist group held power in the late 1970s. | {
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The agency quoted witnesses as saying tanks and armored cars are patrolling the streets of Baghdad. There was no independent confirmation of the report by the government-run news agency, which did not say when the reported attempt occurred. | {
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Though Mr. Packer has since sold his stake, Courtaulds is moving to keep its institutional shareholders happy. Even without a specific takeover threat, Courtaulds is giving shareholders "choice and value," said Julia Blake, an analyst at London stockbrokers Barclays de Zoete Wedd. | {
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The GM move follows Tuesday's declaration by Ford, which holds an unwelcome 12.45% stake in Jaguar, that it is prepared to bid for the entire company. GM is close to completing a friendly deal with Jaguar that is likely to involve an eventual 30% stake and joint manufacturing ventures. | {
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Even though this city is in Afghanistan, most people here speak a dialect of the Persian language, and have long standing cultural ties with neighboring Iran. Think you got it? | {
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First of America said some of the managers will take other jobs with First of America. But it said that severance payments to those executives not staying with the company will reduce First of America's operating results for 1989 by $3 million to $4 million, or 15 cents to 20 cents a share. | {
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Confrontations among Catholic protesters, Protestant marchers and the police have provoked widespread violence in Northern Ireland for the past three summers. The crucible is Portadown, 30 miles (50 kms) southwest of Belfast, where Orangemen march each July from their rural church back downtown _ through the town's main Catholic area. | {
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Issuance of those warrants will be at the rate of one-third warrant for each warrant exercised. | {
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Anheuser-Busch announced its plan at the same time it reported third-quarter net income rose a lower-than-anticipated 5.2% to $238.3 million, or 83 cents a share, from $226.5 million, or 78 cents. Third-period sales were $2.49 billion, up from last year's $2.34 billion. | {
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In London at mid-afternoon yesterday, Ratners's shares were up 2 pence (1.26 cents), at 260 pence ($1.64). The sweetened offer has acceptances from more than 50% of Weisfield's shareholders, and it is scheduled for completion by Dec. 10. | {
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``No one should doubt our staying power or determination,'' he said. The U.S. military buildup in Saudi Arabia continued at fever pace, with Syrian troops now part of a multinational force camped out in the desert to guard the Saudi kingdom from any new thrust by Iraq. | {
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Mr. McNealy said the issues that hurt Sun's performance earlier this year are now " largely" behind the firm, and he indicated that Sun's profitability should increase throughout the fiscal year. Sun also reported a record backlog of orders. | {
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And right across from the Cuban revolutionary icon Che Guevara, they now have a giant portrait of Jesus. Above it in Spanish, Jesus, in you we believe. | {
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Afghanistan has been at war for twenty years, leaving a large part of the country's male population dead or in exile. The United Nations says women and children make up about seventy-five percent of the Afghan population. | {
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Quarterly net income this year has risen just over comparable periods in 1988, when year-end net was below the 1987 level. In this year's third quarter, for example, net was $10.5 million, or $1.05 a share, compared with $10.3 million, or $1.02 a share, a year earlier. | {
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An Iraqi official, speaking on customary condition of anonymity, said Ritter would not try to visit any of the eight presidential sites that Baghdad had placed off-limits to U.N. weapons inspectors. The official said these sites could only be visited by a special team of U.N. monitors and diplomats as laid down by the Feb. 23 accord signed by U.N. Secretary-General Kofi Annan and Iraqi Deputy Prime Minister Tariq Aziz. | {
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On Tuesday, the United States and Soviet Union conferred in Washington on putting an anti-Iraq naval blockade under a United Nations umbrella. The United States has provided most of the naval vessels so far to block Iraqi trade, with Britain, West Germany and Australia among the other nations lending support at sea. | {
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The combined effect of these changes is expected to save the company about $4 million in interest expenses next year, or six cents a share. Shoney's said the latest restructuring affected bank indebtedness that was incurred to finance $585 million of the company's $728 million recapitalization that took place in 1988. | {
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Chairman Theodore Cooper called the program part of the company's two-year strategy to implement budget constraints and "an effective headcount-control program." But some analysts questioned how much of an impact the retirement package will have, because few jobs will end up being eliminated. | {
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Police confirmed Friday that the body found along a highway in this municipality 15 miles south of San Juan belonged to Jorge Hernandez, 49. Hernandez was kidnapped from his small, neighborhood store in the town of Trujillo Alto at 10 p.m. Wednesday, police said. | {
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And while Polly Peck isn't jettisoning the existent top-management structure of Sansui, it is bringing in a former Toshiba Corp. executive as executive vice president and chief operating officer. Such risk taking is an everyday matter for the brash Mr. Nadir, who is 25% owner of Polly Peck as well as its chairman. | {
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In New York Stock Exchange composite trading yesterday, Intelogic shares rose 37.5 cents to close at $2.75. Mr. Edelman declined to specify what prompted the recent moves, saying they are meant only to benefit shareholders when "the company is on a roll." | {
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President Bush on Tuesday said the United States may extend its naval quarantine to Jordan's Red Sea port of Aqaba to shut off Iraq's last unhindered trade route. In another mediation effort, the Soviet Union said today it had sent an envoy to the Middle East on a series of stops to include Baghdad. | {
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Kellogg is based in Battle Creek, Mich., a city that calls itself the breakfast capital of the world. Another analyst, John C. Maxwell Jr. of Wheat, First Securities in Richmond, Va., recently went to a "sell" recommendation on Kellogg stock, which closed Friday at $71.75, down 75 cents, in New York Stock Exchange composite trading. | {
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The Soviet Foreign Ministry said Soviet women, children and invalids would be permitted to leave Iraq. Spokesman Yuri Gremitskikh said the first group of 230 evacuees was assembling in Baghdad today, but evacuation plans were hampered by desert heat and lack of transportation. | {
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In their joint statement issued after the talks, Yeltsin and Kuchma called for the fastest possible ratification of the treaty, saying it would create a ``strong legal foundation'' for bilateral ties and help stability in Europe. Kuchma assured Yeltsin that Ukraine would not join NATO, Yeltsin's spokesman Sergei Yastrzhembsky said, according to the Interfax news agency. | {
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QVC agreed to pay $19 and one-eighth QVC share for each of CVN's 20 million fully diluted shares. The acquisition brings together the two largest competitors to Home Shopping Network Inc., which now reaches more viewers than any other company in the video shopping industry. | {
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Even as Saddam Hussein was searching for a ploy to ease his isolation, though, the international pressure against him clicked up another notch. The White House yesterday disclosed that Kuwait's ousted government has formally asked the U.S. to enforce the total trade embargo the United Nations has imposed on Iraq, allowing the U.S. and other nations to immediately begin stopping ships carrying Iraqi goods. | {
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Secretary of State James Baker, speaking on ABC News' "This Week," said the Kuwaiti request gives the U.S. and other countries "a legal basis for stopping the export of oil and that sort of thing." The U.S. maintains that under the U.N. charter, the Kuwaiti request triggers steps for the collective enforcement of international sanctions. | {
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The $1.5 billion Fidelity High Income Fund has had a net outflow of about $150 million in the past two months. About $60 million streamed out last week alone, double the level of the week following last month's Campeau Corp. credit squeeze. | {
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In the first nine months, profit rose 10% to $313.2 million, or $3.89 a share, from $283.9 million, or $3.53 a share. Sales rose 6.7% to $4.27 billion from $4 billion. | {
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The unpredictability of Iraq's leader is a principal reason the U.S. is going to such great lengths to build a mammoth force in and around Saudi Arabia. Pentagon officials say the goal is to put 40,000 troops in the region by the end of the month. | {
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"There are a lot more downward revisions of earnings forecasts than upward revisions," said Abby Joseph Cohen, a market strategist at Drexel Burnham Lambert. "People are questioning corporate profits as a pillar of support for the equity market." | {
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People are reading the boxes and deciding they want something that's `healthy' for you -- oats, bran." Mr. Maxwell said he wouldn't be surprised if, over the next two years or so, General Mills' share increased to 30% or more. | {
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NEW YORK _ A Brooklyn woman who was watching her clothes dry in a laundromat was killed Thursday evening when two would-be robbers emptied their pistols into the store, the police said. The men appeared in the store at 469 Vermont St. in Brownsville around 7:15 p.m., after the victim, Linda Sanders, 35, had finished her cleaning and was waiting for her clothes to dry, detectives said. | {
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The fine is twice the donation, as provided for under German party financing laws. Party spokesman Bernd Droese said the People's Union would challenge the fine in court. | {
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Other Bush administration officials said that the international naval force in the area -- consisting of American, British, French, Canadian, Soviet, German and Australian ships -- may be used both to stop oil exports from leaving Iraq and Kuwait and to stop shipments of food and other goods from going in. President Bush implied as much yesterday when reporters asked whether the interdiction would apply to food. | {
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Last year, the company earned $480.4 million, or $3.90 a share, on sales of $4.3 billion. As expected, Kellogg reported lower third-quarter earnings. | {
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The acquisition of 87-store Weisfield's raises Ratners's U.S. presence to 450 stores. About 30% of Ratners's profit already is derived from the U.S. | {
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The company said it currently holds about 4.2 million of Innopac's 13.8 million common shares outstanding, which have an aggregate market value of about 137.8 million Canadian dollars (US$117.3 million). Separately, Innopac reported a fourth-quarter loss of about C$2.6 million, or 18 Canadian cents a share, reflecting inventory write-downs. | {
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The Van Nuys, Calif., thrift had net income of $132,000, or three cents a share, a year ago. The bulk of the pretax charge is a $62 million write-off of capitalized servicing at the mobile home financing subsidiary, which the company said had been a big drain on earnings. | {
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These results compare with net income of $1.8 million, or 44 cents a share, for the corresponding period last year. This quarter's loss includes pretax charges of $4.9 million on the proposed discontinuation of the company's troubled British subsidiary, and $3.7 million of other write-offs the company said were non-recurring and principally related to inventory, publishing advances and pre-publication costs. | {
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At least 50,000 U.S. troops are expected to be committed to Desert Shield within weeks, including Marines, Army air assault forces, paratroopers and infantry. Iraq said it invaded Kuwait because of disputes over oil and money. | {
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QVC Network Inc. said it completed its acquisition of CVN Cos. for about $423 million. QVC agreed to pay $19 and one-eighth QVC share for each of CVN's 20 million fully diluted shares. | {
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Three other carriers and their escort vessels already are stationed within striking distance of Iraq or are steaming toward the area. But unless the military situation changes drastically, military officials say, the most likely plan will be for the Kennedy to eventually replace the carrier Dwight D. Eisenhower, which has been on patrol since March and was scheduled to return to port before hostilities erupted in Kuwait. | {
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Ralston Purina Co. reported a 47% decline in fourth-quarter earnings, reflecting restructuring costs as well as a more difficult pet food market. The St. Louis company earned $45.2 million, or 65 cents a share, compared with $84.9 million, or $1.24 a share, a year earlier. | {
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Then the Baghdad government stopped providing Ritter's team with escorts, making it impossible for him to enter any site. Iraq alleged Ritter was an American spy whose team had a disproportionately high number of Americans and Britons. | {
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Speculative investors, betting on an imminent clash between Ford and GM, pushed up Jaguar's share price five pence (eight U.S. cents) to a near-record 720 pence ($11.60) in late trading on London's stock exchange yesterday. Since Tuesday, the shares have gained nearly 4%. | {
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In Washington, Pentagon spokesman Pete Williams said Iraq has continued to increase its armed forces in Kuwait and they now number about 160,000. Saddam has been under international quarantine since his Aug. 2 power-grab, or what he calls an ``eternal merger'' with Kuwait. | {
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BellSouth's revised proposal surprised many industry analysts, especially because of the company's willingness to accept some dilution of future earnings. William O. McCoy, president of the company's BellSouth Enterprises Inc. unit, said the revised agreement with LIN would dilute BellSouth earnings by about 9% in both 1990 and 1991 and by significantly less thereafter. | {
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The British chemical and textile company's plan, which requires shareholder approval, would create a new, listed U.K. stock with a probable market capitalization between #300 million ($473 million) and #400 million, analysts said. The establishment of the separate company, to be called Courtaulds Textiles, could be effective as early as next year's first quarter. | {
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Bethlehem Steel Corp., hammered by higher costs and lower shipments to key automotive and service-center customers, posted a 54% drop in third-quarter profit. Separately, two more of the nation's top steelmakers -- Armco Inc. and National Intergroup Inc. -- reported lower operating earnings in their steel businesses, marking what is generally believed to be the end of a two-year boom in the industry. | {
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Despite these early successes, the mere fact that a ground campaign has begun almost guarantees that the Bush administration will face fresh problems growing out of the military situation. There are likely to be additional American prisoners of war taken, and there are signs that President Hussein is taking Kuwaiti hostages. | {
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The board said Mr. Drabinsky and Vice Chairman Myron Gottlieb are negotiating financing before offering C$16.40 a share to acquire all of Cineplex's shares outstanding. The directors added that the two executives haven't reached a final decision to proceed with a bid and that until an offer is made the board will continue seeking higher offers from other bidders. | {
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Shares of Coors, the company's sole publicly traded major competitor, fell $1.50 apiece to $19.125 in national over-the-counter trading, apparently on investor concerns over potential fallout from the coming pricing struggle. Anheuser noted that "beer industry sales volume is 1989 is following the trend that has characterized the last half of the '80s, with sales volume being essentially flat" while consolidation creates fewer, bigger players. | {
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Russia and Ukraine share similar cultures and languages, and Ukraine was ruled from Moscow for centuries. But while the two Slavic neighbors see themselves as natural partners, their relations since the breakup of the Soviet Union have been bedeviled by a number of disputes _ Black Sea naval bases, border problems and Ukraine's natural gas debts. | {
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``We don't just arrive,'' said four-star Gen. John Dailey, assistant commandant of the U.S. Marine Corps. ``We're there to stay for a fairly lengthy period.'' | {
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State, county and local law-enforcement officials have expressed concerns in recent months about a possible pattern of murdered women and a disproportionate number of unsolved cases. Citing an example, Sgt. | {
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We in fact have seen hate group numbers dropping through the nineties, uh but this year they jumped up uh twenty percent, quite a dramatic rise. Mark Potach says over four hundred hate groups have been identified and many are becoming increasingly successful at recruiting younger members through the use of Internet web pages and the promotion of racist rock music. | {
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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. Those gains came from higher prices, particularly for disposable diapers and tissue products, and from increased sales, primarily for feminine-care products, the company said. | {
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Currently, Avon, based in Santa Monica, Calif., has 3.3 million common shares outstanding. About 1.1 million Class C warrants were issued, the company said. | {
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The main negative is the risk that the Pope's visit will persuade a great many more Cubans to break loose of the Cuban government. If so, then the Pope's visit would really open up a new chapter in the government's relations with its own society. | {
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NEW YORK _ A Brooklyn woman who was watching her clothes dry in a laundromat was killed Thursday evening when two would-be robbers emptied their pistols into the store, the police said. The men appeared in the store at 469 Vermont St. in Brownsville around 7:15 p.m., after the victim, Linda Sanders, 35, had finished her cleaning and was waiting for her clothes to dry, detectives said. | {
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Courtaulds' spinoff reflects pressure on British industry to boost share prices beyond the reach of corporate raiders. Courtaulds' restructuring is among the largest thus far in Britain, though it is dwarfed by B.A.T Industries PLC's plans to spin roughly off #4 billion in assets to help fend off a takeover bid from Anglo-French financier Sir James Goldsmith. | {
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Milton Roy recently fended off unsolicited overtures from Thermo Electron Corp., a Waltham, Mass., maker of biomedical products. Milton Roy disclosed in May that it was approached for a possible acquisition by Thermo Electron, which agreed to purchase Milton Roy's liquid-chromatography line for $22 million in February. | {
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So the impact on the $950 billion mutual fund industry as a whole probably will be slight. But tremors are likely in the junk-bond market, which has helped to finance the takeover boom of recent years. | {
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JERUSALEM (AP)_ Top Israeli officials sent strong new signals Sunday that Israel wants to withdraw from southern Lebanon, where a costly war of attrition has been steadily claiming soldiers' lives. Prime Minister Benjamin Netanyahu told his Cabinet on Sunday that Israel was willing to withdraw from southern Lebanon provided Israel's northern frontier could be secured. | {
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The insurance concern said all conversion rights on the stock will terminate on Nov. 30. Until then, Conseco said the stock remains convertible into common stock at the rate of 1.439 shares of common stock for each share of preferred stock, which is equivalent to a conversion price of $17.50 a common share. | {
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Besides British Gas, British Steel skidded 1.74 to 123.5 on turnover of 11 million shares. British Petroleum fell 5 to 286 on 14 million shares traded. | {
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AVON RENT-A-CAR amp TRUCK Corp. said it declared a dividend of one warrant for each three shares of common stock. Currently, Avon, based in Santa Monica, Calif., has 3.3 million common shares outstanding. | {
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] |
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