Den 11 september 1995 var en måndag under stjärntecknet ♍. Det var 253 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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11th of September 1995 News
Nyheter som framträdde på New York Times framsida den 11 september 1995
TV Interview Adds a Few Pieces to Powell Puzzle
Date: 12 September 1995
By Elizabeth Kolbert
Elizabeth Kolbert
Gen. Colin L. Powell favors abortion rights, affirmative action and gun control. He opposes organized prayer in the schools and objects to the Clinton Administration's lack of consistency in foreign policy. He still does not know whether he wants to run for President and, if he does, whether he should do so as a Republican, an independent or even as a Democrat. Those are the among the disclosures that General Powell makes to Barbara Walters in an interview scheduled to be broadcast on Friday night on the ABC News program "20/20." Highlights from the interview were made public today by ABC News.
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Helicopters Carry Papers in Detroit Strike
Date: 11 September 1995
By James Bennet
James Bennet
In the decades since labor started organizing itself here, the tools of the adversaries in strikes have remained remarkably consistent and basic: backbone, propaganda, dollars and fists. But late Saturday and early this morning, the managers of Detroit's two daily newspapers rummaged in their war chest and came up with an unusual weapon.
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KODAK TO APPEAL JAPANESE INVALIDATION OF VCR PATENT
Date: 12 September 1995
By Bloomberg News
Bloomberg News
The Eastman Kodak Company is planning to appeal a decision by Japan's patent office to invalidate its 1993 patent on VCR technology. The disputed patent covers part of the technology used to record images onto magnetic tape. Kodak, which is based in Rochester, said it believed that the Japanese decision -- that the technology was already in public use before the patent claim was filed -- was at odds with a United States Patent Office decision on the same issue. Kodak shares fell $1 yesterday, to $58.75 on the New York Stock Exchange.
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POTASH TO PAY $280 MILLION FOR OCCIDENTAL UNIT
Date: 12 September 1995
By Bloomberg News
Bloomberg News
The Potash Corporation of Saskatchewan Inc. said yesterday that it would buy a fertilizer production subsidiary from the Occidental Petroleum Corporation for $280 million. Potash would acquire White Springs Agricultural Chemicals Inc., which operates two mines and chemical plants. It also has a bulk terminal in Jacksonville, Fla. Other assets would include a feed plant in Davenport, Iowa, and ammonia terminals in Savannah, Ga., and in Houston. Potash, based in Saskatoon, Saskatchewan, is the world's largest producer of potash, which is used to make fertilizer. Its shares were up $5.50 yesterday, at $62.50, on the New York Stock Exchange.
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CYRIX SHARES DROP 8% AFTER DENIAL OF TAKEOVER
Date: 12 September 1995
By Bloomberg News
Bloomberg News
The shares of the Cyrix Corporation fell 8 percent yesterday after the company, a computer chip designer, denied it was a takeover target. Shares of Cyrix, based in Richardson, Tex., fell $4.1875, to $44, on Nasdaq trading of 3.9 million shares. "Cyrix flatly denies that the company is the target of a takeover," the company said in a statement. Cyrix shares had risen 43 percent since Sept. 1, partly on speculation that the company was about to be bought by a large computer company or an Asian electronics company.
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AMSCO SAYS STOCK-SWAP MERGER IS BEING DISCUSSED
Date: 12 September 1995
By Bloomberg News
Bloomberg News
Amsco International Inc. said yesterday that it was in preliminary discussions with another publicly traded company, which it would not name, about a possible stock-swap merger. The company did not say whether it would be the buyer or seller in such a transaction. Amsco shares were at $19.75, down 87.5 cents, at midafternoon when trading was halted on the New York Stock Exchange pending its announcement. The shares did not open again. Shares of the Pittsburgh-based maker of sterilizing and surgical equipment for hospitals had been rising on speculation it could be an acquisition target, analysts said.
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Raytheon Agrees to 3-Year Union Pact
Date: 11 September 1995
By Bloomberg News
Bloomberg News
The Raytheon Company agreed today to a tentative three-year contract with its unionized electrical workers that keeps wages unchanged. Joseph Kelleher, business manager of the local union, said the union's 5,000 members overwhelmingly ratified the contract on Saturday in a voice vote.
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Chief Quits Post At Oppenheimer
Date: 12 September 1995
By Bloomberg News
Bloomberg News
Jon Fossel said yesterday that he was stepping down as chief executive of the Oppenheimer Management Corporation on Sept. 30. He will continue to serve as its chairman. Bridget Macaskill, the company's president, will succeed Mr. Fossel, who plans to continue to serve as the chairman of the mutual fund trade group, the Investment Company Institute.
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S.&L.'s Report Higher Profits
Date: 12 September 1995
By Bloomberg News
Bloomberg News
The nation's savings and loan industry reported higher earnings in the second quarter, the Office of Thrift Supervision said today. Savings institutions earned $1.35 billion in the second quarter, compared with $1.17 billion in the first three months of the year, the office said. Earnings were $2.5 billion in the first six months of 1995 compared with about $2 billion in the first half of 1994.
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Semiconductor Index Dropped in August
Date: 12 September 1995
By Bloomberg News
Bloomberg News
The Semiconductor Industry Association's closely watched book-to-bill ratio fell to 1.18 in August from a revised 1.23 in July. The trade group's ratio measures the strength of the semiconductor industry in North America by comparing new orders with the number of chips shipped each month. A ratio of 1.18 means that for every $100 of orders shipped by chip makers, they received $118 in new orders.
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