NEWS SUMMARY
Date: 06 March 1996
International A3-12
Replay Dienstag, 5. März 1996
Der 5. März 1996 war ein Dienstag unter dem Sternzeichen ♓. Es war der 64. Tag des Jahres. Präsident der Vereinigten Staaten war William J. (Bill) Clinton.
Wenn Sie an diesem Tag geboren wurden, sind Sie 30 Jahre alt. Ihr letzter Geburtstag war am Donnerstag, 5. März 2026, vor 99 Tagen. Ihr nächster Geburtstag ist am Freitag, 5. März 2027 in 265 Tagen. Sie haben 11.056 Tage gelebt oder ungefähr 265.363 Stunden oder ungefähr 15.921.834 Minuten oder ungefähr 955.310.040 Sekunden.
Einige Personen, die an diesem Tag Geburtstag haben:
5th of March 1996 News
Nachrichten, wie sie auf der Titelseite der New York Times am 5. März 1996 erschienen
Journal;Mixed Media Message
Date: 06 March 1996
By Frank Rich
Frank Rich
As the nation's most powerful show-biz moguls posed for their V-chip photo op with President Clinton at the White House last Thursday, the opposite end of America's media food chain gathered at the Miyako Hotel in Japantown here. Some 650 representatives of the alternative print and electronic press, from Mother Jones to the Columbus (Ohio) Guardian to Dyke TV, had gathered for the first annual Media and Democracy Congress, and there wasn't a network suit in sight. "I feel like these are all the people I marched on the Pentagon with 20 years ago," said one fellow boomer -- though if my own fading memory serves, it was more like 30 years ago. Appropriately enough, Noam Chomsky's ruminations were available on CD downstairs by the Cyber Cafe, but it was a free Xeroxed handout that really explained why people from 32 states might come together and share a rancor once targeted at the military-industrial complex.
Business Travel;If you're headed to New York later in the year, there is hope for getting a hotel room.
Date: 06 March 1996
By Edwin McDowell
Edwin McDowell
NEW YORK hotels were so filled late last year that many business travelers were forced to stay in the suburbs and exurbs. At a hotel industry reception last November, the president of one large chain told of nine business travelers from the Washington-Baltimore area who flew to New York that morning for a company meeting and had to fly back home that night because they could not get hotel rooms -- then had to turn around and do it again the next day. Those travelers might have saved time and money if they had known of the New York Peak Season Hotel Hot Line, which was offered for the first time from October through December, and will be offered the same time again this year.
THE MEDIA BUSINESS;News Corp. Ends Contract For Satellite
Date: 05 March 1996
By Geraldine Fabrikant
Geraldine Fabrikant
The Comsat Corporation said yesterday that the News Corporation had canceled its contract to transmit programming from a satellite that Comsat plans to launch this week. The five-year deal was valued at $100 million.
COMPANY NEWS;AMERICAN GREETINGS AGAIN BIDS FOR GIBSON
Date: 06 March 1996
Bloomberg Business News
Bloomberg News
The American Greetings Corporation said today that it had made another offer to buy Gibson Greetings Inc., this time for $18 a share, or a total of $292.9 million. American Greetings, the nation's No. 2 maker of greeting cards, said Gibson, the No. 3 card maker, had declined to meet with it to discuss the offer. Hallmark Cards Inc. is No. 1. Gibson spurned an earlier offer last July, citing antitrust complications. The two companies together would have more than 50 percent of the United States market. In July, Gibson, which is based in Cincinnati, had said that it might put itself up for sale after it lost market share to American Greetings and Hallmark, posted its first annual loss since going public in 1982 and lost several key executives. The shares of Gibson closed yesterday at $14.50, down 12.5 cents. American Greetings stock rose 37.5 cents, to $28.25.
COMPANY NEWS;EXCEL INDUSTRIES TO BUY ANDERSON INDUSTRIES
Date: 06 March 1996
Bloomberg Business News
Bloomberg News
Excel Industries signed a definitive agreement yesterday to buy the closely held Anderson Industries for an undisclosed amount. Anderson Industries is a holding company based in Rockford, Ill., whose main asset is Atwood Industries, a maker of equipment such as gas ranges, water heaters, furnaces, air-conditioners for recreational vehicles and housing. Excel, based in Elkhart, Ind., said Atwood's sales were expected to be about $375 million this year. Atwood has about 3,700 employees at 13 plants in the United States, one plant in Mexico and one in Italy. Excel makes window and door systems for manufacturers of cars, vans, trucks and buses.
COMPANY NEWS;LESLIE FAY IS WARNED BY BANKRUPTCY JUDGE
Date: 05 March 1996
Bloomberg Business News
Bloomberg News
United States Bankruptcy Judge Tina Brozman threatened yesterday to liquidate the Leslie Fay Companies if it did not file a revised bankruptcy plan by April 17. Judge Brozman said she would consider converting the company's Chapter 11 bankruptcy reorganization case to a Chapter 7 liquidation or simply throw it out of bankruptcy court if the plan was not filed by the deadline. If the case is thrown out of court, creditors would then be free to divide the assets among themselves. The apparel company filed for bankruptcy protection from creditors in April 1993. Since then, Leslie Fay has struggled to reorganize. The most recent obstacle to its emergence from bankruptcy has been its inability to sell Sassco Fashions, its most profitable division.
COMPANY NEWS;RAYTHEON AGREES TO SELL XYPLEX TO WHITTAKER
Date: 05 March 1996
AP
The Raytheon Company has agreed to sell Xyplex Inc. to the Whittaker Corporation of Simi Valley, Calif., for $117.5 million in cash and stock, the companies said yesterday. Xyplex, which is based in Boxborough, Mass., has 500 employees and makes data communications products for computer networks. Raytheon bought Xyplex in October 1994 for about $171 million, which included about $35 million in Xyplex cash. Xyplex has about $100 million in annual sales. Whittaker has sales of $160 million. Under the agreement, Whittaker is to pay $67.5 million in cash and $50 million in Whittaker stock for the company.