Der 15. September 1993 war ein Mittwoch unter dem Sternzeichen ♍. Es war der 257. Tag des Jahres. Präsident der Vereinigten Staaten war William J. (Bill) Clinton.
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15th of September 1993 News
Nachrichten, wie sie auf der Titelseite der New York Times am 15. September 1993 erschienen
Murdoch Plan to Buy The Post Wins a Judge's Approval
Date: 15 September 1993
By William Glaberson
William Glaberson
Despite opposition from a union and the creditors of the bankrupt New York Post, a bankruptcy judge yesterday approved Rupert Murdoch's plan to purchase the newspaper. The ruling opened the way for Mr. Murdoch to complete his purchase by Sept. 30, ending a long period of instability for the newspaper founded in 1801. A series of near-death experiences that drew national attention began for the newspaper last winter, when The Post's last owner, Peter S. Kalikow, backed away from ownership because of financial problems.
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Video-Phone Sales
Date: 16 September 1993
By Bloomberg News
Bloomberg News
A.T.& T. has sold 20,000 to 22,000 video phones, which went on sale earlier this year, Robert M. Kavner, vice president for multimedia, said today at a research conference here. The video phone has a screen that allows telephone users to view one another while talking.
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TEJAS GAS TO COMPLETE PURCHASE OF EXXON PIPELINES
Date: 15 September 1993
By Bloomberg News
Bloomberg News
The Tejas Gas Corporation expects to complete today its $380 million purchase of almost all the Exxon Company U.S.A.'s natural gas pipeline systems in Texas and Louisiana. The transaction, announced in May, would roughly double the size of Tejas Gas, which operates 3,200 miles of pipelines that transport about 1.3 billion cubic feet a day of natural gas. The gas pipelines of the Exxon Corporation division in the two states transport 1.6 billion cubic feet daily through 2,200 miles of pipeline. Tejas Gas, based in Houston, also said yesterday that it was considering an equity offering to help offset debt from the Exxon purchase.
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REDUCED DAMAGE AWARD HELPS SHARES OF ELJER
Date: 15 September 1993
By Bloomberg News
Bloomberg News
The stock of Eljer Industries rose 18.6 percent yesterday after a ruling reduced the potential damages the company faced in a product lawsuit. Eljer's shares closed at $6.375, up $1, on the New York Stock Exchange. In April, a state jury in San Diego ordered the Shell Oil Company, the United States Brass unit of Eljer and the Hoechst Celanese Corporation to pay $48.3 million in punitive damages for producing leaky plastic plumbing that flooded some homes. The rubbery gray polybutylene tubing was widely used instead of metal pipes in the early 1980's home-building boom. Shell and Celanese made the plastic; U.S. Brass made the finished pipe and fittings. On Monday, a state judge in San Diego cut the damage award to $2 million.
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JWP SELLS ITS JAPAN INFORMATION SERVICES UNIT
Date: 16 September 1993
By Bloomberg News
Bloomberg News
JWP Inc. completed the sale yesterday of its Japan Information Services unit to Acsys Inc. for an undisclosed price. The sale is part of JWP's plan to divest itself of noncore assets; the company wants to focus on mechanical and electrical construction and maintenance services. The Japanese unit had sales of $7.4 million in 1992. Acsys, a unit of AMP Inc., is a network systems product and services company.)
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APPLIED MAGNETICS SEES WEAK REVENUE; SHARES FALL
Date: 15 September 1993
By Bloomberg News
Bloomberg News
Shares of the Applied Magnetics Corporation dropped almost 15.7 percent after the company said continuing problems in the disk drive industry would pull fourth-quarter revenue down about 10 percent from the $97.4 million that was reported for the third quarter. In the first quarter of the 1994 fiscal year, the company, based in Goleta, Calif., expects a similar decline in revenue from the current quarter. Applied Magnetics shares fell $1.625, to $8.75, on the New York Stock Exchange.
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NORWEST SIGNS DEAL TO ACQUIRE BANK OF MONTANA SYSTEM
Date: 15 September 1993
By Bloomberg News
Bloomberg News
The Norwest Corporation of Minneapolis signed a definitive agreement yesterday to acquire the closely held Bank of Montana System. Terms of the agreement were not disclosed. Bank of Montana, based in Great Falls, Mont., has 29 branches in 25 Montana communities and total assets of about $793 million. Norwest has eight Montana locations with $855 million in assets. Norwest provides banking, insurance, investment and other financial services through 2,116 locations in 50 states, all 10 Canadian provinces and other countries. It has $47.8 billion in assets.
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FORD TO EXTEND BUYER REBATES ON SOME '94 MODELS
Date: 15 September 1993
By Bloomberg News
Bloomberg News
The Ford Motor Company said yesterday that it would extend buyer rebates to some 1994-model cars and trucks. The offer expires on Jan. 10. In many cases, however, the rebate is lower.
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TYCO TOYS TO OFFER $1.6 BILLION IN DISCOUNT COUPONS
Date: 15 September 1993
By Bloomberg News
Bloomberg News
Tyco Toys Inc. said yesterday that it would try to promote sales by distributing $1.6 billion worth of coupons for discounts on its toys. Tyco, the nation's third-largest toy maker, is seeking to halt a decline in sales. For the first half of the year, Tyco's sales fell 12.2 percent, to $247 million, from a year earlier. The company reported a loss of $16.5 million, compared with a profit of $10.5 million the year earlier. Tyco's promotion will include dolls, motorized trucks and other toys.
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2 Exchanges' Clearing Pact
Date: 16 September 1993
By Bloomberg News
Bloomberg News
The Chicago Mercantile Exchange and the New York Mercantile Exchange have agreed to develop a system to process the $60 trillion in futures contracts that trade on the two exchanges each year. The exchanges will spend $19.35 million on a clearing system that will be phased in over the next two years. The system will save millions for the exchanges and the firms that trade there, exchange officials said this week.
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