Den 14 augusti 1995 var en måndag under stjärntecknet ♌. Det var 225 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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14th of August 1995 News
Nyheter som framträdde på New York Times framsida den 14 augusti 1995
Rome Journal; Hot Off the Presses: Videos, Combs, Necklaces
Date: 14 August 1995
By Celestine Bohlen
Celestine Bohlen
Movie buffs pick up L'Unita on Saturdays, when the old Communist Party newspaper virtually gives away videos of Italian movie classics. Hypochondriacs prefer La Repubblica, which for months offered installments from an illustrated medical encyclopedia. Corriere della Sera, the Milan-based grand old lady of Italian journalism, scored a big hit this year with a world atlas that came wrapped inside the paper. This is what newspaper competition in Italy is all about these days -- gifts, games and gimmicks, anything to increase circulation in a country where newspaper readership, historically low compared with most of Europe, is on the wane.
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DIGITAL EQUIPMENT'S OFFICER JOINS MICROSOFT RESEARCH
Date: 15 August 1995
By Bloomberg News
Bloomberg News
The Microsoft Corporation said yesterday that Gordon Bell, a former head of research and development at the Digital Equipment Corporation, had joined its research team. Mr. Bell, 60, is credited as the inventor of the VAX minicomputer and one of the architects of the Internet. He will will help Microsoft explore the use of video and high-speed networks in video conference technology, the company said. Bell also will help Microsoft develop software for large computer networks.
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MOTOROLA CUTTING JOBS IN WIRELESS DATA GROUP
Date: 15 August 1995
By Bloomberg News
Bloomberg News
The Motorola Corporation said it was cutting jobs in its wireless data group amid slow demand for its personal digital assistants, the Envoy and the Marco. Personal digital assistants are hand-held computers that allow users to send electronic mail and access information from a data base while traveling. Mil Ovan, director of marketing for the wireless data group at Motorola, declined to say how many jobs would be cut, but The Wall Street Journal reported yesterday that about 180 employees, or 20 percent, of the wireless data group staff would be cut.
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ARCSYS TO PAY $290 MILLION FOR INTEGRATED SILICON
Date: 15 August 1995
By Bloomberg News
Bloomberg News
Arcsys Inc. agreed yesterday to acquire Integrated Silicon Systems Inc. of Durham, N.C., for about $290 million of stock, a transaction that would combine two growing companies that specialize in software for design engineers. Integrated's stock soared $14.875 yesterday, closing at $61.625. Terms call for Arcsys, of Sunnyvale, Calif., to issue 1.5 of its shares for each of Integrated's 4.24 million shares outstanding. The deal was initially valued at about $284 million, or $67.125 for each Integrated Silicon share, based on the Arcsys closing stock price on Friday of $44.75. The per-share price rose yesterday to $61.625 as shares of Arcsys rose 87.5 cents, to $45.625.
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CORAM SHARES FALL 45% ON UNEXPECTED QUARTERLY LOSS
Date: 15 August 1995
By Bloomberg News
Bloomberg News
Shares of the Coram Healthcare Corporation lost more than 45 percent of their value yesterday after an unexpected second-quarter loss led some investors to question the company's ability to survive several recent missteps. The net loss of $66.3 million put Coram in violation of some agreements governing its $419.8 million of debt, although banks have agreed to relax covenants until the company can restructure its borrowings, Coram said. Shares of Coram fell $4.50 yesterday, to $5.25, on the New York Stock Exchange. About 8.2 million shares changed hands, making it the most actively traded stock in the country. Earlier this month, Coram's president, Patrick Fortune, and Olav Bergheim, an executive vice president in charge of field operations, were ousted.
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Business-Travel Study
Date: 15 August 1995
By Bloomberg News
Bloomberg News
Business-travel costs are expected to increase 5 percent next year, according to a study by the Runzheimer International consulting firm.
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Stocks Rise in Japan
Date: 14 August 1995
By Bloomberg News
Bloomberg News
Japanese stocks were trading higher here today. Midway through the afternoon session, the Nikkei index of 225 issues was up 181.79 points, or 1.1 percent, to stand at 16,974.13. On Friday, the Nikkei rose 63.37 points.
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I.B.M.'s Share In China Grows
Date: 14 August 1995
By Bloomberg News
Bloomberg News
I.B.M. said that 30 percent of personal computers sold in China in the first half of 1995 were made by I.B.M., the China Daily reported today. That was up from a share of about 25 percent last year. The International Business Machines Corporation plans to step up the promotion of its products in department stores and to open specialty shops in Shanghai, the paper said.
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Comcast Reports Settling Complaints
Date: 14 August 1995
By Bloomberg News
Bloomberg News
Comcast Cable Communications Inc. said last week that it had settled outstanding cable programming service-rate complaints with the Federal Communications Commission. The agreement relates to complaints filed through the middle of 1994 regarding 22 cable systems owned by Comcast, which is based in Philadelphia. Under the agreement, Comcast agreed to provide credits of $6.6 million, plus interest, to subscribers on related cable systems.
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Corestates Branch Sales
Date: 15 August 1995
By Bloomberg News
Bloomberg News
The Corestates Financial Corporation said it was selling 10 branch offices in New Jersey and Pennsylvania to three different banks. Terms of the sales were not disclosed. Completion of the sales is expected in the fourth quarter. The company said the sales were part of a restructuring program, announced in March, in which Corestates would close 37 branches and cut about 2,800 jobs. The sales will leave the company with 335 remaining branches. Corestates is selling four branches in Cumberland and Burlington counties, in New Jersey, to Sun Bancorp Inc. Three branches in Hunterdon County, N.J., will be sold to Little Falls Savings Bank. Two branches in central and eastern Pennsylvania will be sold to Bank of Lancaster County.
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