Der 11. Juli 1996 war ein Donnerstag unter dem Sternzeichen ♋. Es war der 192. Tag des Jahres. Präsident der Vereinigten Staaten war William J. (Bill) Clinton.
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11th of July 1996 News
Nachrichten, wie sie auf der Titelseite der New York Times am 11. Juli 1996 erschienen
Inside Photography
Date: 12 July 1996
By Margarett Loke
Margarett Loke
The images are startlingly beautiful, given the horrific subject. One, by Galina Sanko, shows the fine boots on a snow-covered German soldier lying alongside the frozen head and shoulders of a fallen comrade. An impressionistic photograph by Georgi Zelma showing a tank churning up swirls of snow in the heart of Stalingrad predates by a year the Robert Capa picture of an American soldier swimming to shore on D-Day. Yet another picture, by Yakov Ryumkin, with members of the Red Army racing past rubble and up the steps of a devastated Reichstag in Berlin, would be darkly theatrical if it were not about war. The names Sanko, Zelma and Ryumkin, and those of many fellow Soviet photojournalists who covered the war on the Eastern Front, are generally unfamiliar in the West. Most of the war photographs used in Soviet newspapers and magazines carried no credit lines, and as long as the Iron Curtain was in place, there was little access to the actual prints themselves.
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NEWS SUMMARY
Date: 12 July 1996
International A2-11
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NEWS SUMMARY
Date: 11 July 1996
International A3-9
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COMPANY NEWS;ROCKEFELLER CENTER PROPERTIES IS SOLD TO INVESTORS
Date: 11 July 1996
Bloomberg Business News
Bloomberg News
Rockefeller Center Properties Inc. said yesterday that a group of investors led by Goldman, Sachs & Company and David Rockefeller had completed their $1.2 billion purchase of the company. The company holds the $1.3 billion mortgage on New York landmark Rockefeller Center. Under the terms of the acquisition, the Goldman-Rockefeller group is paying about $8 a share and assuming $870 million in debt. Rockefeller Center is home to the NBC television network's broadcast studios and Radio City Music Hall.
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COMPANY NEWS;MCCOWN BUYS TRANSKRIT FOR $86 MILLION
Date: 12 July 1996
Bloomberg Business News
Bloomberg News
McCown De Leeuw & Company, a closely held investment firm, said yesterday that its National Fiberstok Corporation had bought the Transkrit Corporation for $86 million from Rogers Communications Inc. of Toronto. Transkrit, based in Roanoke, Va., makes and markets mailers. National Fiberstok, based in Atlanta, makes envelopes, direct mail products and pressure sensitive labels. McCown, which has offices in New York and Menlo Park, Calif., manages about $450 million in capital and specializes in buying and building middle-market companies in partnership with management.
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COMPANY NEWS;GT INTERACTIVE ACQUIRES HUMONGOUS ENTERTAINMENT
Date: 11 July 1996
Bloomberg Business News
Bloomberg News
The GT Interactive Software Corporation said yesterday that it had acquired Humongous Entertainment Inc., a developer and publisher of children's software based in Woodinville, Wash., for four million shares, or about $76 million. It was GT Interactive's third acquisition in two weeks. Last week, it acquired Formgen, publisher of the Duke Nukem 3D computer game, and the Wizard Works Group. GT Interactive's shares fell 50 cents, to $19, in Nasdaq trading. GT Interactive, based in New York, produces interactive software. Its best-selling titles include Doom II and Mortal Kombat 3.
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COMPANY NEWS;ITALIAN OVEN'S CHIEF RELINQUISHES RESPONSIBILITIES
Date: 11 July 1996
Dow Jones
Dow Jones
Italian Oven's chairman and chief executive, James A. Frye, relinquished his responsibilities but will remain on the board, the company said in a statement yesterday. As reported last month, Mr. Frye, who founded the restaurant chain in 1989 and is its largest shareholder, turned over control to Cornerstone Capital Advisors Ltd., the company's temporary manager. In a cost-cutting effort, Italian Oven also suspended or laid off 10 employees, more than 25 percent of the corporate staff, at its Latrobe, Pa., headquarters. The company also said that Wheat First Butcher Singer Inc. has agreed to help it explore financing options and potential partnerships.
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COMPANY NEWS;BARRICK GOLD MAKES OFFER FOR AREQUIPA
Date: 12 July 1996
Bloomberg Business News
Bloomberg News
The Barrick Gold Corporation, which is based in Toronto, offered yesterday to buy Arequipa Resources Inc., a Canadian gold mining company, for $668 million (United States). The bid is the second huge takeover effort in recent years by Barrick, the world's largest gold miner outside South Africa. In 1994, it acquired Lac Minerals for $1.6 billion. Arequipa has never mined any ore, but the company has promising gold and copper properties in Peru. On the Toronto Stock Exchange, shares of Arequipa surged above Barrick's offer of $27 (Canadian), or $36.94 (United States), closing at $28.60, up $6.60.
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COMPANY NEWS;LOCKHEED MARTIN TO DELIVER SATELLITE TO CHINA IN 1997
Date: 12 July 1996
Reuters
The Lockheed Martin Corporation will deliver a telecommunications satellite to a Chinese company in September 1997 in the first commercial launch cooperation between China and the United States, the New China News Agency said early today. Lockheed and China first announced an agreement on a communications satellite in August 1995. The satellite will be equipped with 48 36-megahertz transmitters, equal to the number of satellite transmitters China now has, and will cover the whole of China and most of Asia, the press agency said. China resumed its launch program last week, after delays caused when a rocket blew up within seconds of liftoff in February.
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COMPANY NEWS;BOEING IS PLANNING AN EMPLOYEE STOCK FUND
Date: 12 July 1996
Reuters
The Boeing Company said yesterday that it was establishing an unusual $1 billion stock fund for its 108,000 employees that could lead to big bonuses for workers in the next decade. Under the plan, Boeing would establish an investment trust fund of 11.3 million shares of its stock, about 7.8 million of which would be purchased on the open market in the next few months. Returns over an average 3 percent a year, including appreciation and reinvested dividends, would be distributed to employees every two years beginning in 1998. An average annual total stock return of 15 percent would result in a pre-tax distribution of $1,150 in stock for each worker in 1998 and an additional $2,750 in 2000, according to figures provided by the company.
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