NEWS SUMMARY: FRIDAY, JUNE 26, 1987
Date: 26 June 1987
LEAD: International A2-8
Replay Donnerstag, 25. Juni 1987
Der 25. Juni 1987 war ein Donnerstag unter dem Sternzeichen ♋. Es war der 175. Tag des Jahres. Präsident der Vereinigten Staaten war Ronald Reagan.
Wenn Sie an diesem Tag geboren wurden, sind Sie 39 Jahre alt. Ihr letzter Geburtstag war am Donnerstag, 25. Juni 2026, vor 8 Tagen. Ihr nächster Geburtstag ist am Freitag, 25. Juni 2027 in 356 Tagen. Sie haben 14.253 Tage gelebt oder ungefähr 342.093 Stunden oder ungefähr 20.525.622 Minuten oder ungefähr 1.231.537.320 Sekunden.
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25th of June 1987 News
Nachrichten, wie sie auf der Titelseite der New York Times am 25. Juni 1987 erschienen
A.M.C. Expects To Give Bonuses
Date: 26 June 1987
Special to the New York Times
LEAD: The chief executive of the American Motors Corporation said the company might be able to give bonuses to its executives for the first time since 1979 because of what he said would be a record profit in the second quarter.
Wickes Stock
Date: 26 June 1987
Special to the New York Times
LEAD: The Wickes Companies said it planned a 1-for-5 reverse stock split, which would reduce its outstanding common stock in August to 47.8 million shares, from 239 million. The company said it would also seek a listing on the New York Stock Exchange.
NBD Bancorp
Date: 26 June 1987
Special to the New York Times
LEAD: NBD Bancorp, the parent company of the National Bank of Detroit, said it had agreed to buy the State National Corporation of Evanston, Ill., for approximately $103 million. The merger must be approved by SNC shareholders, state regulators and the Comptroller of the Currency. The agreement would entitle State National shareholders to exchange each share for $25 in cash or an equivalent package of cash and NBD stock.
Fleet Financial
Date: 26 June 1987
LEAD: The Fleet Financial Corporation said its Fleet National Bank subsidiary would form a new investment banking unit. The new unit, Fleet Asssociates, will handle corporate finance, mortgage banking and real estate lending transactions. Richard A. Higginbotham, executive vice president of the bank, will head the division.
Computerland Sale
Date: 25 June 1987
Special to the New York Times
LEAD: The Computerland Corporation of Oakland, Calif., said it had sold Computerland Japan Ltd. to the Catena Corporation, an office computer automation company. Catena, which is based in Tokyo, has been Computerland's Japanese operating company, operating 36 stores, nine of which Catena owned. Retail sales for the group for 1986 were 6 billion yen, or about $33.8 million, Computerland said.
The Bad Trade News Behind the Good
Date: 26 June 1987
LEAD: At last! The 40 percent decline in the dollar is finally evident in improved trade statistics. That's the good news. But without further painful actions, the present $160 billion trade deficit will level off in a few years at about $100 billion. At that point, Washington, Bonn and Tokyo will still have to make all of the unpleasant economic decisions they've been putting off for a decade - above all, to act on the reality that the world is one economy.
Intel Chip Pact
Date: 26 June 1987
Special to the New York Times
LEAD: The Intel Corporation, which is based in Santa Clara, Calif., said it would market dynamic random access memory chips, or D-RAM's, manufactured by Samsung Semiconductor, a South Korean company. According to the agreement, Samsung will supply pre-packaged and tested 64k, 256k and 12-megabit D-RAM's, which Intel will sell to distributors under its own label.
Joy Manufacturing To Go Private
Date: 25 June 1987
AP
LEAD: Shareholders of the Joy Manufacturing Company have approved a $620 million proposal to take the company private through a leveraged buyout, the company said. Under the plan, each Joy common share would be exchanged for 1.75 shares of redeemable preferred stock in the new company, which will be called Joy Technologies Inc.