Der 16. September 1993 war ein Donnerstag unter dem Sternzeichen ♍. Es war der 258. Tag des Jahres. Präsident der Vereinigten Staaten war William J. (Bill) Clinton.
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16th of September 1993 News
Nachrichten, wie sie auf der Titelseite der New York Times am 16. September 1993 erschienen
News Devotes Front Page To an Attack on Holtzman
Date: 17 September 1993
By Robert D. McFadden
Robert
In a departure from usual journalistic practice and its own traditions, The Daily News yesterday devoted its front page to an editorial calling on Comptroller Elizabeth Holtzman to withdraw from her runoff race for re-election. "Daily News to Liz Holtzman: Time to Go," declared a large headline over a picture of the embattled Comptroller and excerpts from an editorial, published in full on the editorial page, criticizing Ms. Holtzman for taking a $450,000 campaign loan from a bank she later approved as an underwriter of city bonds.
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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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AMOSKEAG WILL SELL BANGOR & AROOSTOOK RAILROAD
Date: 17 September 1993
By Bloomberg News
Bloomberg News
The Amoskeag Company said yesterday that it had agreed to sell the Bangor & Aroostook Railroad Company for $28.8 million to a group formed by Ironhorse Ventures Inc. and W. Wallace McDowell Jr., a former chairman of the Illinois Central Corporation. Amoskeag, a holding company that owns transportation, housing and real estate development companies, said it expected to close the purchase by the end of the year. Bangor & Aroostook hauls freight in northern and eastern Maine.
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BAXTER NEGOTIATES COMPENSATION IN H.I.V. CASES
Date: 17 September 1993
By Bloomberg News
Bloomberg News
Baxter International said yesterday that it was being asked to pay hundreds of millions of dollars to compensate hemophiliacs who contracted H.I.V., the virus that causes AIDS, through use of the company's anti-clotting products. A spokesman said Baxter and other pharmaceutical companies had been in negotiations regarding the amount of compensation to H.I.V.-infected hemophiliacs and their families.
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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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HEINZ PAID $90 MILLION FOR FROZEN FOOD BRANDS
Date: 17 September 1993
By Bloomberg News
Bloomberg News
The H. J. Heinz Company paid $90 million for the Moore's and Domani frozen foods brands of the Clorox Company when the acquisition was completed in July, the company's latest quarterly financial report showed. The report also showed that Heinz received $39 million from the sale of its Chico-San rice cake business to the Quaker Oats Company, based in Chicago, in May. The acquisition of Moore's and Domani beefed up Heinz's $1.4 billion-a-year food-service business. Moore's, based in Fort Atkinson, Wis., makes onion rings, breaded cheeses and other appetizers. Domani makes frozen pasta products at its Bloomsburg, Pa., plant. Clorox, based in Oakland, Calif., sold the units to Ore-Ida Food Inc., a Heinz subsidiary in Boise, Idaho, that dominates the frozen potato market.
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Cable TV Purchase
Date: 17 September 1993
By Bloomberg News
Bloomberg News
The Cablevision Systems Corporation said today that its Rainbow Programming Holdings unit had agreed to purchase the Liberty Media Corporation's 50 percent stake in American Movie Classics, a cable television channel. Terms of the transaction were not disclosed. The transaction will give Rainbow Programming 75 percent of the channel. NBC owns the other 25 percent. American Movie Classics, a nine-year-old company based in Woodbury, broadcasts films from the 1930's through the 1970's. Liberty Media is a cable television programmer based in Cheyenne, Wyo.
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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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ITT Sheraton Gets President
Date: 16 September 1993
By Bloomberg News
Bloomberg News
The ITT Corporation said yesterday that it had named Daniel P. Weadock president and chief operating officer of its ITT Sheraton Corporation hotel unit. Mr. Weadock, 54, replaces John Giovenco, who left in mid-July after just five months on the job because of "irreconcilable differences," ITT said in a statement at the time.
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S.E.C. Files Complaint
Date: 16 September 1993
By Bloomberg News
Bloomberg News
The former chairman of the Boston Company has been accused by the Securities and Exchange Commission of helping to misrepresent the firm's earnings. The S.E.C. contended in an administrative complaint that George W. Phillips helped to overstate the Boston Company's pretax profits during 1988. Mr. Phillips was the firm's chairman and chief executive as well as vice chairman and director of its then-parent company, Shearson Lehman Brothers Holdings Inc.,
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