News Organizations Taking A More Cautious Approach
Date: 31 July 1998
By Robin Pogrebin
Robin Pogrebin
News organizations are proceeding as usual in reporting developments in Monica Lewinsky-Pres Clinton story, plastering story on front pages and leading their television reports with news about case, but are also seen taking a more cautious approach (M)
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Observer; Toads and Wonders
Date: 31 July 1998
By Russell Baker
Russell Baker
Russell Baker Op-Ed column muses on some developments he's seen in the news, including cloning and politicians' sudden interest in ailing people; wonders what exactly this generation has a rendezvous with (S)
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HOLLAND CHEMICAL ACQUIRES TAB CHEMICALS
Date: 01 August 1998
By Bloomberg News
Bloomberg News
Holland Chemical International acquires closely-held Tab Chemicals Inc for undisclosed price (S)
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GROUP BUYS REMAINING 49% OF DUCATI MOTOR
Date: 01 August 1998
By Bloomberg News
Bloomberg News
Investors including Texas Pacific Group and Italian unit of Deutsche Bank acquire remaining 49 percent stake in Ducati Motor SpA, Italian motorcycle maker; price undisclosed (S)
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UNITED PLACES BILLION-DOLLAR ORDER WITH AIRBUS
Date: 31 July 1998
By Bloomberg News
Bloomberg News
United Airlines approves purchase of 22 Airbus Industrie planes worth up to $1.05 billion, completing plan to build up airline's fleet (S)
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STOCK OF USA NETWORKS UP 11.3% AS LOSSES NARROW
Date: 31 July 1998
By Bloomberg News
Bloomberg News
Shares of USA Networks Inc rise 11.3 percent after company says that second-quarter loss narrowed more than expected and that it plans to buy back as many 10 million shares in next year; company has pro forma loss of $1.3 million compared with $10.5 million a year earlier; revenue rise 15 percent, to $689.9 million from $601.1 million (S)
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HEWLETT-PACKARD ASKS 2,400 MANAGERS TO TAKE PAY CUT
Date: 31 July 1998
By Bloomberg News
Bloomberg News
Hewlett-Packard Co is asking 2,400 mid- to upper-level managers worldwide to take 5 percent cut in pay for three months as company tries to cut costs; also says it plans to close offices worldwide for four days in late December (S)
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AFTER EARNINGS FALL SHORT, ORION PLANS TO SELL A UNIT
Date: 31 July 1998
By Bloomberg News
Bloomberg News
Orion Capital Corp plans to sell its Colorado Casualty unit after disappointing second-quarter earnings; Orion says profit rose 15 percent, to $23.4 million from $20.3 million in year-earlier quarter (S)
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P.& G.'s Profit Rises 12%, but Stock Falls
Date: 31 July 1998
By Bloomberg News
Bloomberg News
Procter & Gamble Co says profit rose 12 percent in fiscal fourth quarter ended June 30; net income rose to $686 million from $611 million in year-earlier quarter; revenue increased 3.7 percent, to $9.28 billion from $8.95 billion (S)
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Metro Business; Graham-Field Resignation
Date: 31 July 1998
By Bloomberg News
Bloomberg News
Irwin Selinger resigns as chairman and chief executive of Graham-Field Health Products; Rodney Price is named as his successor (S)
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