Den 13 februari 1995 var en måndag under stjärntecknet ♒. Det var 43 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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13th of February 1995 News
Nyheter som framträdde på New York Times framsida den 13 februari 1995
World News Briefs; Hard-Line Islamic Paper Is Banned by Iran
Date: 13 February 1995
The Iranian Government has banned a hard-line Islamic newspaper owned by the brother of Iran's religious leader for violating laws that prohibit publishing articles deemed offensive to Islam, the official press reported today. The editors of Jahan Islam, which is owned by Hojatolislam Hadi Khamenei, brother of Ayatollah Ali Khamenei, said the paper's license was revoked on Thursday by the Ministry of Culture and Islamic Guidance.
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The Road Not Taken
Date: 13 February 1995
By William Glaberson
William Glaberson
Who knows what makes a newspaper a success? An editor's vision? A publisher's plan? Luck? Some newspaper people were reflecting on such questions last week when the country's oldest business newspaper, The Journal of Commerce, was sold by Knight-Ridder Inc. The publisher of The Economist magazine paid $115 million for the daily paper, which has been publishing since 1827.
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Rights Group Issues Criticism Of Arafat Rule
Date: 13 February 1995
By Clyde Haberman
Clyde Haberman
Human rights are in a "perilous state" under Palestinian self-rule, threatening the prospects for regional peace, the United States-based Human Rights Watch/Middle East said today. In a 50-page report, the monitoring group accused Yasir Arafat's police force in the Gaza Strip of arbitrarily rounding up political opponents and mistreating some of them. Press freedoms have also been violated, it said, and the Palestinian Authority, which administers self-rule, has failed in its first nine months to show "a commitment to installing a rule of law."
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New President For Banc One
Date: 14 February 1995
By Bloomberg News
Bloomberg News
The Banc One Corporation said today that Donald L. McWhorter would retire as president and chief operating officer, effective April 18. Banc One, a bank holding company based here, said Richard Lehmann, 50, chairman and chief executive of Bank One Arizona, had been selected to replace Mr. McWhorter, 59, as president.
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SYBASE COMPLETES PURCHASE OF POWERSOFT
Date: 14 February 1995
By Bloomberg News
Bloomberg News
Sybase Inc. completed the largest acquisition in the history of the software industry yesterday by buying the Powersoft Corporation for about $875 million in a stock transaction. Under terms of the agreement, Sybase, based in Emeryville, Calif., gave 1.6 Sybase common stock shares to Powersoft shareholders for each Powersoft share. Sybase issued about 17.8 million common shares, the company said. Sybase writes database-management programs that let companies keep track of and manipulate huge volumes of business information, like customers' names and buying habits. Powersoft, based in Concord, Mass., writes programs that makes it easier for corporate programmers to write other programs for entering and searching through this data.
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NATIONAL GYPSUM REJECTS ANOTHER DELCOR BID
Date: 14 February 1995
By Bloomberg News
Bloomberg News
The National Gypsum Company has rejected a two-week-old sweetened takeover bid from a group led by the North Carolina investor C. D. Spangler Jr., its chairman and largest shareholder. A special committee of its board "rejected the proposal as being inadequate," National Gypsum, the nation's second-largest maker of wallboard after the USG Corporation, said in a letter delivered yesterday to Mr. Spangler. Delcor Inc., an investor arm of the Spangler family, said this bid was its final offer. It was a recapitalization that valued the company at about $925 million, or $44 a share, analysts said.
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PEPSICO MAY SELL MORE RESTAURANTS TO FRANCHISES
Date: 14 February 1995
By Bloomberg News
Bloomberg News
Pepsico Inc. may sell more of its company-owned restaurants to franchisees to reduce its exposure in the restaurant industry, the company's chief executive, Wayne Calloway, said yesterday. Pepsico owns more than 60 percent of the restaurants in its Pizza Hut, Taco Bell and KFC chains, and poor restaurant results have depressed profits. Last week, Pepsi said its quarterly restaurant operating profit fell for the first time in 15 years.
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GENERAL MILLS SEES CHARGES OF UP TO $170 MILLION
Date: 14 February 1995
By Bloomberg News
Bloomberg News
General Mills Inc. said yesterday that it would take as much as $170 million in charges during the third quarter to trim inefficient food and restaurant assets. The company said it would take up to $110 million in charges in its food operation, which produces Betty Crocker spreads and Wheaties and Cheerios cereals, among others. Company executives told analysts that they hoped for annual savings of $20 million from the food charge. The company also said it would take a charge of as much as $60 million in its restaurant operations, producing savings of as much as $12 million annually. General Mills' third quarter ends next month.
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CONAGRA TO BUY BACK UP TO 10 PERCENT OF SHARES
Date: 14 February 1995
By Bloomberg News
Bloomberg News
Conagra Inc. said yesterday that it would buy back as many as 25 million common shares and could purchase at least 14.4 million during 1995. The 25 million shares, to be purchased over several years, represent about 10 percent of Conagra's outstanding common stock. The repurchase authorization is the largest in the company's history, a spokeswoman said. Conagra, the nation's No. 2 food company in sales after the Philip Morris Companies, said the repurchased stock could be used to replace shares issued for acquisitions, meet its obligations to employee incentive and benefit plans and cover possible conversion of class E preferred stock. In New York Stock Exchange trading yesterday, Conagra shares closed up 50 cents, at $32.875.
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Utah Parent Bank Is Breaking Up Discount Corp.
Date: 14 February 1995
By Bloomberg News
Bloomberg News
The Discount Corporation of New York, a venerable United States bond trading firm, will end 77 years on Wall Street in the wake of a $3 million trading loss. The Zions Bancorporation, a Salt Lake City banking company that bought Discount in August 1993, said yesterday that it had decided to close the firm's New York office and drop the Discount name after uncovering the loss on United States Government and agency securities.
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