Den 29 april 1995 var en lördag under stjärntecknet ♉. Det var 118 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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29th of April 1995 News
Nyheter som framträdde på New York Times framsida den 29 april 1995
Newsday's Circulation Decline Is Largest of New York Papers'
Date: 29 April 1995
By William Glaberson
William Glaberson
Newsday and New York Newsday both lost circulation sharply during the six-month period that ended on March 31, according to data supplied yesterday by the newspapers' publisher. Newsday's total weekday circulation declined by 50,613, to 669,739, down 7 percent from the comparable six-month period a year earlier. New York Newsday's average weekday circulation declined by 31,652, or 12.8 percent, to 216,043.
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Hems and Haws
Date: 30 April 1995
By Max Frankel
Max Frankel
IF YOU'VE EVER THROWN OUT A RACK OF skirts because they suddenly looked too short or a collection of ties because they suddenly seemed too wide, you have been, depending on your attitude about shopping, either a beneficiary or victim of fashion. If you have wondered about the source of those periodic changes of taste, you also qualify as a student of fashion. Responding to these urges, hundreds of journals and newspapers deem it their duty to instruct you in the vagaries of dress and the musings of designers; indeed, some exist mainly to harvest the advertisements that flourish in such manuals. But they rarely teach you what is really going on. The best of the fashion magazines, like Vogue and Harper's Bazaar, satisfy a lust for fantasy, the imaginary try-on of clothes you couldn't afford, fit into or dare to wear. The better newspapers report colorfully on the semiannual runway romps in Paris, Milan and New York. That is where the most famous designers advertise themselves by draping unnaturally thin, beautiful women in outrageous or sumptuous ways and exhort the public with novelties of style that might stimulate the sale of mass-produced imitations.
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Murdoch Finances New Forum for Right
Date: 30 April 1995
By Richard L. Berke
Richard Berke
A group of prominent conservative writers and strategists is starting a weekly national magazine on politics and policy that will be financed by Rupert Murdoch, the global media executive. William Kristol, an influential Republican strategist who was chief of staff to Vice President Dan Quayle, will be the editor and publisher of the Washington-based magazine, to be called The Standard.
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International Briefs; Slowing Sales at Reuters
Date: 29 April 1995
By Bloomberg News
Bloomberg News
Reuters Holdings P.L.C., the international information company, said yesterday that sales of its terminals would slow this quarter, the second such warning this year. Reuters, which is based in London, has already said it expects 1995 orders to fall as banks and brokerage firms, battered by falling bond prices last year, seek to cut costs. Sales growth slowed to 22 percent in the first quarter from 25 percent in the third and fourth quarters of 1994 and from a peak of 27 percent in last year's second quarter, the company said. First-quarter sales were $:628 million ($1.02 billion), compared with $:513 million a year earlier. Excluding the effect of acquisitions, sales rose 16 percent, the company said.
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International Briefs; Belgium Sets Terms For Sabena Stake
Date: 29 April 1995
By Bloomberg News
Bloomberg News
The Belgian Government says it has decided terms for selling 49 percent of Sabena S.A. to Swissair A.G. and expects an agreement within the next two weeks. Swissair, the Swiss national airline, and the Belgian Government have been negotiating since December 1993 over ways to reduce Sabena's labor costs and raise its capital.
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Ex-Bond Trader At Kidder Sues
Date: 29 April 1995
By Bloomberg News
Bloomberg News
Joseph Jett, the former bond trader at Kidder, Peabody & Company, has filed a lawsuit accusing Kidder; its former parent company, the General Electric Company, and others of libel and slander. Kidder dismissed Mr. Jett last April, charging that he had created $350 million in phony profits for the firm and himself. The trading scandal for which Mr. Jett has been blamed helped precipitate G.E.'s decision to sell the firm's assets to the Paine Webber Group.
Full Article
Reichman and Soros Are Parting Ways
Date: 29 April 1995
By Bloomberg News
Bloomberg News
The financier George Soros and the Canadian real estate developer Paul Reichmann are parting ways after a two-year relationship. Mr. Soros is seeking a buyer for the $600 million stake held by his investors in the Quantum North American Realty Fund, which he established jointly with Reichmann International Inc. in 1993. At its founding, Quantum was to be the fund's adviser and Reichmann International -- 50 percent owned by Mr. Soros -- its manager.
Full Article
Kerkorian Ready for Chrysler Proxy Fight
Date: 29 April 1995
By Bloomberg News
Bloomberg News
The financier Kirk Kerkorian has hired a top proxy solicitation company to seek support from the Chrysler Corporation's shareholders, setting the stage for a proxy fight over his hostile $22.8 billion bid for the auto maker. Mr. Kerkorian is expected to ask Chrysler shareholders to give him their proxies to vote against re-electing all of the company's 13 corporate directors.
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AETNA LIFE AND CASUALTY CO. (AET,N)
Date: 29 April 1995
By Bloomberg News
Bloomberg News
The Aetna Life and Casualty Company reported yesterday that its first-quarter earnings more than tripled on increased premiums and fewer catastrophe claims. The Hartford-based company, the largest publicly traded American life insurer, said that after a $7 million loss from the sale of investments, it had net income of $160.8 million, or $1.42 a share. In the year-earlier quarter, a $7 million loss from investment sales led to net income of $45.7 million, or 40 cents.
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Dow Rises 6.57 to a Record After Recouping Early Loss
Date: 29 April 1995
By Bloomberg News
Bloomberg News
Blue-chip stocks recovered from early losses yesterday to push the Dow Jones industrial average to another record high. The rally was led by big cylical companies like General Motors, Alcoa and Caterpillar on expectations that interest rates would remain stable.
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