Den 8 december 1994 var en torsdag under stjärntecknet ♐. Det var 341 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
Om du föddes den här dagen är du 31 år gammal. Din sista födelsedag var den måndag 8 december 2025, 211 dagar sedan. Din nästa födelsedag är den tisdag 8 december 2026, om 153 dagar. Du har bott i 11 534 dagar, eller cirka 276 833 timmar, eller cirka 16 610 017 minuter, eller cirka 996 601 020 sekunder.
Date: 08 December 1994
By Bloomberg News
Bloomberg News
First Alert Inc. has canceled a $125.4 million stock offering by its largest shareholder because of recent bad publicity and a drop in its stock price. The company said it would withdraw the offering of 6.6 million shares by the Thomas H. Lee Company of Boston because of market conditions.
Date: 09 December 1994
By Bloomberg News
Bloomberg News
Shares of British Sky Broadcasting Group P.L.C. and SGS-Thomson Microelectronics N.V. were heavily traded yesterday in their initial offerings, which began in New York and Europe. British Sky, a profitable satellite television service whose biggest shareholder is the News Corporation, sold a 20 percent stake. The company's American depository shares, each of which represents six common shares, opened at $25 on the New York Stock Exchange and closed at $24.625.
Date: 08 December 1994
By Bloomberg News
Bloomberg News
Shares of VSEL P.L.C. tumbled almost 13 percent here today after the British Government announced that its antitrust agency would investigate rival bids for the company. The move means there will be a cease-fire in the takeover battle between British Aerospace P.L.C. and the General Electric Company of Britain, or G.E.C., until the agency, the Monopolies and Mergers Commission, delivers its report on the bids in March.
Date: 08 December 1994
By Bloomberg News
Bloomberg News
Keycorp, the latest Midwest banking casualty of rising interest rates, said today that it would take $100 million in charges against its earnings in the fourth quarter and next year's first quarter. The nation's 11th-largest banking company said the charges would reduce its vulnerability to rising rates, which squeezed profits on its fixed-rate loans and complicated its merger with the Society Corporation earlier this year.
Date: 09 December 1994
By Bloomberg News
Bloomberg News
Shares of the Church & Dwight Company fell 11 percent yesterday after the company said its 1994 earnings would be below analysts' expectations. The company's stock fell $2.125, to $17.875, on the New York Stock Exchange, a low for the year. Church & Dwight, citing lower-than-expected sales, said it expected earnings before restructuring charges of 50 cents to 60 cents a share, compared with analysts' expectations of 90 cents to $1. The company, based in Princeton, N.J., is the maker of Arm & Hammer products. It also said it would increase a previously announced restructuring charge to $6.8 million from $5.3 million to cover the cost of modifying a laundry detergent formula.
Date: 08 December 1994
By Bloomberg News
Bloomberg News
Colonial Properties Trust said yesterday that it had agreed to acquire the Rime Companies, which owns 10 apartment properties, in a transaction valued at $190.7 million. The purchase would increase the number of apartment units Colonial Property owns by 4,953 units, or 84 percent, to 10,873. It would also make the company, which is based in Orlando, Fla., the largest owner of apartments in Alabama. Under the agreement, Colonial Property will pay for the properties by issuing 3.6 million units of Colonial Realty L.P., a partnership in which it has a majority stake and is the general partner, and by assuming $111.7 million of debt and $900,000 of other costs.
Date: 08 December 1994
By Bloomberg News
Bloomberg News
Property Trust of America, a large apartment-oriented real estate investment trust, agreed yesterday to buy the Security Capital Pacific Corporation in a transaction valued at $267 million. The acquisition would increase the number of apartment properties Property Trust owns, controls or is developing by about 19 percent, to 48,582 units. Property Trust's shares were down 25 cents, at $16.125, in New York Stock Exchange trading. Property Trust will issue $139 million of stock at $16.375 in exchange for the shares of closely held Security Capital and assume $128 million of its debt. Security Capital Pacific owns or controls 19 apartment properties containing a total of 5,967 units and another 1,698 units under development.
Date: 08 December 1994
By Bloomberg News
Bloomberg News
SmithKline Beecham Clinical Laboratories and Electronic Data Systems announced a strategic alliance yesterday that would give hospitals and other health care providers direct electronic links with clinical laboratories. SmithKline Beecham Clinical Laboratories, based in Collegeville, Pa., a unit of SmithKline Beecham P.L.C. in London, and E.D.S., a General Motors subsidiary based in Plano, Tex., would sell access to a broad array of electronic data over telecommunications links. Financial terms of the agreement were not disclosed. The companies said they would provide electronic commerce services, laboratory reference services and information storage to hospitals, managed-care providers and others.
Date: 09 December 1994
By Bloomberg News
Bloomberg News
Cisco Systems Inc. agreed yesterday to acquire the Lightstream Corporation for $120 million in cash. Lightstream, which makes asynchronous mode transfer (ATM) switches for computer networks, is a joint venture of Bolt Beranek & Newman Inc. and UB Networks, a unit of the Tandy Corporation. Cisco, based in San Jose, Calif., will buy UB Networks' stake in the company. ATM switches represent the latest technology for the high-speed transfer of computer data. Shares of Bolt Beranek dropped $4.875, to $14.625, on the New York Stock Exchange. Shares of Cisco fell $1.25, to $30.875, in Nasdaq trading.
Date: 08 December 1994
By Bloomberg News
Bloomberg News
Iberia, Spain's ailing national airline, said yesterday that it planned to cut one-fifth of its work force and sell assets in an effort to avert bankruptcy. The assets to be evaluated for sale include its Latin American holdings, some domestic routes and its lucrative handling operations. Iberia's management is dropping its original plan to seek authorization from the European Union for a $1 billion bailout. Iberia will ask four investment banks to begin evaluating its holdings in preparation for their sale, said officials at Teneo, the Government holding company that controls 99 percent of Iberia. Salomon Brothers, Goldman, Sachs, Bankers Trust and Morgan Stanley are the four banks being consulted.. The carrier had reached a cost-cutting agreement with most of its workers, but the pilots, who earn an average of $140,000 a year, refused their support.