Spending Increase Forecast
Date: 31 July 1997
By Bloomberg News
Bloomberg News
Veronis, Suhler & Associates, New York investment firm, predicts that total spending on entertainment and media products in the United States will rise 44 percent by 2001 (S)
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Nine 'Nightline' Awards
Date: 31 July 1997
News Emmy Award nominations for 1996 are announced by National Academy of Television Arts and Sciences; ABC News program Nightline, anchored by Ted Koppel, earns 9 of 128 nominations, more than any other program (S)
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Hypocrisy and a $10,000 Fine
Date: 31 July 1997
BY Mike Wise
Mike Wise
Mike Wise column criticizes New Jersey Nets for fining forward Jayson Williams $10,000 for verbally attacking Coach John Calipari and organization, but not fining Calipari for making racially insensitive remarks to reporter covering team; photo (M)
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WHIRLPOOL CONSIDERS ALLIANCES FOR FINANCIAL UNIT
Date: 01 August 1997
By Bloomberg News
Bloomberg News
Whirlpool Corp says it is exploring 'strategic business options' for its Whirlpool Financial Corp unit, including possible alliances or partnerships; Whirlpool expects to continue relationship with its financial unit regardless of study's outcome (S)
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PHILLIPS-VAN HEUSEN TO CLOSE 150 OUTLET STORES
Date: 01 August 1997
By Bloomberg News
Bloomberg News
Phillips-Van Heusen Corp says it will take $55 million second-quarter charge to close about 150 retail outlet stores and focus more on its branded apparel business; company will also leave sweater-making business, which accounted for $2 million in losses this year (S)
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CAPITAL BANCORP OF MIAMI SAYS IT IS IN ACQUISITION TALKS
Date: 01 August 1997
By Bloomberg News
Bloomberg News
Shares of Capital Bancorp jump 9 percent after bank says it is talking with several companies about possible acquisition (S)
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MONTGOMERY WARD TO CLOSE SPECIALTY STORES
Date: 01 August 1997
By Bloomberg News
Bloomberg News
Montgomery Ward Holding Corp says it will close 44 Lechmere, Home Image and Electric Avenue and More stores and cut 3,900 jobs in first significant step of its plan to emerge from bankruptcy (S)
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SHARES OF 3COM SLIDE AFTER IT FORECASTS LOWER PROFIT
Date: 31 July 1997
By Bloomberg News
Bloomberg News
Company News**Shares of 3Com Corp fall in heavy Nasdaq trading on July 30, to $55.75, following forecast of low second-quarter earnings (S)
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WESTERN RESOURCES IN DEAL FOR 80% OF PROTECTION ONE
Date: 31 July 1997
By Bloomberg News
Bloomberg News
Western Resources Inc will exchange $320 million and its own security operations for 80.1 percent of Protection One Inc (S)
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ACCESS BEYOND AND HAYES SET 'REVERSE ACQUISITION'
Date: 31 July 1997
By Bloomberg News
Bloomberg News
Access Beyond will issue $267 million in stock for closely held Hayes Microcomputer Products Inc in 'reverse acquisition' that would give Hayes shareholders 79 percent of merged company (S)
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