Press Gallery Named To Honor Journalist
Date: 14 November 1999
By Donna Greene
Donna Greene
Westchester County (NY) Board of Legislators, celebrating its 30th anniversary, honors Journal News reporter Milton Hoffman's 50-year career by naming press gallery in his honor (M)
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BURNHAM PURSUING 'STRATEGIC ALTERNATIVES'
Date: 13 November 1999
By Bloomberg News
Bloomberg News
Burnham Pacific Properties Inc is exploring 'full range of strategic alternatives'; declines to elaborate (S)
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CHRIS-CRAFT IN TALKS ON TV STATION OWNERSHIPS
Date: 13 November 1999
By Bloomberg News
Bloomberg News
Chris-Craft Industries, owner of 10 television stations in US, says it is in talks about possible transactions after rules governing ownership of multiple stations in large cities are relaxed; hires investment bank Allen & Co as adviser (S)
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PLACER DOME TO BUY 50% OF CHILEAN COPPER MINE
Date: 13 November 1999
By Bloomberg News
Bloomberg News
Placer Dome Inc agrees to buy 50 percent of Chilean copper mine that it does not own from Finnish venture partner Outokumpu Oy for $251 million, its first acquisition under its new president Jay Taylor; agreement comes nine months after Canadian miner Aur Resources Inc withdrew its $265 million bid for stake, partly because of low copper prices; copper has since risen about 19 percent (S)
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Muni Offering on Web Pays Off
Date: 14 November 1999
By Bloomberg News
Bloomberg News
Pittsburgh officials report receiving twice as many bidders as expected for sale of $55 million in general obligation bonds offered directly to investors online (S)
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GERMAN RETAIL DECLINE
Date: 13 November 1999
By Bloomberg News
Bloomberg News
German retail sales unexpectedly declined in September, providing further evidence that growth in Europe's largest economy is lagging behind that of other countries in 11-nation euro region; sales fell 4.5 percent in the month, second decline in three months, and 2.7 percent from year earlier (S)
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NEW CHIEF AT ABN AMRO
Date: 13 November 1999
By Bloomberg News
Bloomberg News
ABN Amro Holding names Rijkman Groenink as new chairman and chief executive, replacing Jan Kalff, who will retire in May (S)
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TRAINMAKER CUTS JOBS
Date: 13 November 1999
By Bloomberg News
Bloomberg News
DaimlerChrysler AG will cut 16 percent of work force at its Adtranz unit, halving production capacity, in another effort to turn around unit, which is world's biggest train maker; company will take charge of ($197 million) against earnings this year to carry out plan (S)
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G.M. to Take Quarterly Charge
Date: 13 November 1999
By Bloomberg News
Bloomberg News
General Motors will take $444 million fourth-quarter charge to reflect increased retiree pension costs of contract it reached with United Automobile Workers in September; GM agreed to raise wages of about 150,000 hourly workers by 3 percent in each of next four years and pay each a $1,350 signing bonus (S)
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Ferrari in Deal to Buy Rest of Maserati
Date: 13 November 1999
By Bloomberg News
Bloomberg News
Ferrari SpA acquires 50 percent stake of Maserati that it does not already own, as Ferrari prepares for Maserati's return to US market in coming year; Ferrari buys stake held in Maserati by Fiat SpA; financial details undisclosed (S)
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