Den 1 februari 1995 var en onsdag under stjärntecknet ♒. Det var 31 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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1st of February 1995 News
Nyheter som framträdde på New York Times framsida den 1 februari 1995
Moyers Joins NBC As News Analyst
Date: 01 February 1995
By Lawrie Mifflin
Lawrie Mifflin
Bill Moyers, whose 25-year television career has swung back and forth between the public and commercial networks, will join NBC News this month to deliver commentaries three nights a week on the "NBC Nightly News." Mr. Moyers said he would continue to produce and be the host of documentaries for the Public Broadcasting Service. "My agreement with NBC expressly stipulates that I can do for PBS what I've done before," he said. "I just won't do as much."
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A Leak in Ulster Peace Plan Stirs a Storm
Date: 02 February 1995
By John Darnton
John Darnton
Prospects for peace negotiations in Northern Ireland hit a snag today when details of a British-Irish plan to guide the talks were leaked to the press and published, provoking a storm of protest from unionist politicians of Ulster. The Protestant unionists, who want Northern Ireland to remain part of Britain, said the plan went too far in giving the Irish republic a role in running the affairs of the six counties of the north. In particular, they objected to a proposed joint north-south Irish authority that would have strong executive powers in certain areas and would deal directly with the European Union.
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OFFER IS SWEETENED FOR NATIONAL GYPSUM
Date: 02 February 1995
By Bloomberg News
Bloomberg News
Delcor Inc., the largest shareholder of the National Gypsum Company of Charlotte, N.C., has sweetened its bid to acquire control of the company, offering $46 a share in cash for 75 percent of the company's stock. Delcor, controlled by C. D. Spangler Jr., the chairman of National Gypsum, is offering shareholders cash and a one-third stake in the company once the transaction is completed. National Gypsum, the country's second-largest wallboard maker, in December rejected Delcor's bid of $43.50 a share as too low and too conditional. Shares of National Gypsum were up $1.75, at $41.50, in Nasdaq trading.
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ZIEBART INTERNATIONAL IS SOLD TO ITS EMPLOYEES
Date: 02 February 1995
By Bloomberg News
Bloomberg News
The Ziebart International Corporation, known for its auto rustproofing, has been sold to employees through a stock ownership plan. The closely held company, based in Troy, Mich., has more than 700 franchise sites in 41 countries. Ziebart, started in 1959 in Detroit, has more than $155 million of annual revenue. It will be headed by Thomas Wolfe, 50, former president and chief operating officer. He succeeds E. Jan Hartmann, who is retiring after serving as chief executive since 1970. Rustproofing, Ziebart's original service, now accounts for less than one-third of its revenue. The company has diversified into other forms of car protection, car accessories and paint detailing.
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NORWEST TO BUY $15 BILLION IN LOAN SERVICING
Date: 02 February 1995
By Bloomberg News
Bloomberg News
The Norwest Corporation of Minneapolis said yesterday that it had agreed to buy the rights to service $15 billion in mortgage loans from Barclays American/Mortgage, a unit of Barclays Bank P.L.C. The terms of the deal, which also includes a document processing center, were not disclosed. The acquisition will be made by Norwest Mortgage Inc., a Norwest unit based in Des Moines. Norwest Mortgage is the country's largest mortgage originator, lending $24.9 billion in mortgages last year. It also owns the rights to service $71.5 billion in loans.
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I.B.M. AND TOSHIBA CUTTING NOTEBOOK COMPUTER PRICES
Date: 02 February 1995
By Bloomberg News
Bloomberg News
I.B.M. and Toshiba said yesterday that they were cutting prices on notebook computers, adding to a price war in the fastest-growing segment of the computer market. The International Business Machines Corporation said it would cut prices on four of its Thinkpad portable computer models by up to 24 percent, while the Toshiba Corporation announced price cuts of up to 22 percent on some portables. The reductions followed moves by the Compaq Computer Corporation and the Dell Computer Corporation. Compaq lowered notebook prices by 11 percent to 18 percent, while Dell said it would cut prices on some notebooks by 11 percent to 16 percent.
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SHARES OF REEBOK FALL AFTER EARNINGS REPORT
Date: 02 February 1995
By Bloomberg News
Bloomberg News
Shares of Reebok International Ltd. fell 7.2 percent yesterday after the company reported fourth-quarter earnings that fell short of Wall Street expectations. Reebok's stock closed down $2.75, to $35.25, on volume of 1.78 million shares on the New York Stock Exchange. Late Monday, Reebok, the No. 2 maker of athletic shoes, said earnings had risen 4.6 percent, to $53.0 million, or 64 cents a share, from $50.7 million, or 59 cents a share, in the corresponding period a year earlier. Wall Street was expecting the company to earn 67 cents a share, according to the mean estimate of seven analysts surveyed by Zacks Investment Research. Edward Johnson, an analyst with Lynch, Jones & Ryan, said the company had higher costs because of advertising and a new computer system.
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STORAGE TECHNOLOGY TRANSFERS CHIEF FINANCIAL OFFICER
Date: 02 February 1995
By Bloomberg News
Bloomberg News
The Storage Technology Corporation said yesterday that it had transferred its chief financial officer, Gregory A. Tymn, to "special assignment status," effective immediately. The move came less than a week after the company's fourth-quarter earnings disappointed Wall Street. On Friday, the company, based in Louisville, Colo., reported earnings of $28.1 million, or 56 cents a share, lower than estimates running from 85 cents to $1.10 a share. The results had prompted some analysts to call for management changes. Mr. Tymn will be replaced by David Lacey, vice president and controller, until a successor is chosen. "We mutually agreed a change would be in the best interests of the company, its shareholders and Greg," said Ryal R. Poppa, the company's chairman, president and chief executive. Mr. Tymn will be involved with corporate development projects and the company's leasing subsidiary. The announcement came after the New York Stock Exchange closed. Earlier, shares of Storagetek rose 62.5 cents, to $21.75.
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AMGEN INC. (AMGN,NNM)
Date: 02 February 1995
By Bloomberg News
Bloomberg News
Amgen Inc., Thousand Oaks, Calif., said yesterday that net income fell 94.7 percent, to $4.8 million, or 3 cents a share, in the fourth quarter of 1994 from $91.1 million, or 64 cents, for the corresponding period in 1993, after a charge of $116 million, or 84 cents a share, related to last fall's purchase of Synergen Inc. On an operating basis, however, earnings increased 21 percent, to $121 million, or 87 cents a share, thanks to strong sales of its leading drugs, Neupogen and Epogen.
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Dollar Drops Despite Rise In Interest Rates by the Fed
Date: 02 February 1995
By Bloomberg News
Bloomberg News
The dollar fell against most leading currencies yesterday after the Federal Reserve raised interest rates by half a percentage point, a move many currency dealers had expected. "It was a case of 'Buy the rumor, sell the news,' and the selling was completed quickly," said Jerry Egan, managing director of foreign exchange at the MTB Bank in New York.
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