2. oktober 1993 var en lørdag under stjernetegnet for ♎. Det var 274 dag på året. Præsident for USA var William J. (Bill) Clinton.
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2nd of October 1993 News
Nyheder, som de udkom på forsiden af New York Times på 2. oktober 1993
For 3 Tabloid Papers, Some More Tightrope
Date: 03 October 1993
By Robert D. McFadden
Robert
With the successful completion of Rupert Murdoch's long struggle to buy back The New York Post, newspaper analysts and executives say New York City's three money-losing tabloid newspapers appear to be poised on the brink of a strange new era of resilient nonprosperity. It is shaping up, these experts say, as an extended period of unaccustomed stability for The Post, The Daily News and New York Newsday, based on the deep pockets of their owners -- a period of labor peace and financial security that seemed highly unlikely even a few months ago.
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Sale of Post To Murdoch Is Completed
Date: 02 October 1993
By William Glaberson
William Glaberson
Rupert Murdoch formally bought The New York Post yesterday and, ignoring the lone striking union, planned to force its members to apply for their jobs. With the striking New York Newspaper Guild clearly defeated and appearing near surrender after Mr. Murdoch and The Post's production unions joined together on Thursday, the guild's only remaining choices appeared to be among various forms of damage control.
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Pages Of Their Own?
Date: 03 October 1993
By Betsy Israel
Betsy Israel
DEEP inside a Trump Tower suite, from behind a desk the size of a city sidewalk, Steven Hoffenberg, debt-collection magnate and fledgling publisher, held forth about Women and Journalism. "The New York Post is wrong about women," he said as he put several incoming calls on hold. "You put a picture of a dead body on the cover? Disgusting! Women stop buying your paper."
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Death Benefits
Date: 03 October 1993
By Malcolm W. Browne
Malcolm Browne
LOOKING BACK OVER a career, I wonder whether perhaps the opportunity to come to terms with death was not a major fringe benefit of my calling. I'm not among the few journalists who grew rich on news, nor among the fewer still who enjoy the public esteem accorded to entertainment stars. But I wouldn't have traded journalism for another calling; our trade is nearly always fun, it is often enlightening and it is occasionally uplifting. More to the point, journalism helps its practitioners accept the ubiquity of death, permitting us to enter the heathen equivalent of a state of grace: a gift not to be scorned.
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From Defiance to Defeat: Union's Struggle Ends in Bitterness
Date: 03 October 1993
By Steven Lee Myers
Steven Myers
Reporters, editors and advertising workers at The New York Post voted yesterday to end their bitter weeklong strike, but it remained uncertain whether they would have jobs to return to as the paper's new owner, Rupert Murdoch, planned to force them to reapply. At the headquarters of their union, the Newspaper Guild of New York, the workers who had defiantly walked off the job on Monday, shutting down The Post for three days, voted to take down their picket line at noon on Monday and acquiesce to Mr. Murdoch's demand. The vote followed an emotional, at times angry, 90-minute meeting yesterday.
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PRATT & LAMBERT IN TALKS TO ACQUIRE COMPANY
Date: 02 October 1993
By Bloomberg News
Bloomberg News
Pratt & Lambert Inc. said yesterday that it was in merger talks with a producer of architectural finishes whose identity it would not disclose. Pratt & Lambert said terms of the proposed agreement call for it to acquire all of the company for cash and common stock. Pratt & Lambert's stock fell $1.125 a share, to $18.50, on the American Stock Exchange. The company, based in Buffalo, is a paint, coatings and adhesives manufacturer.
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ARMCO TO SELL WORLDWIDE GRINDING FOR $113 MILLION
Date: 02 October 1993
By Bloomberg News
Bloomberg News
Armco Inc. of Parsippany, N.J., agreed yesterday to sell its Worldwide Grinding Systems assets for $113 million and will take a $205 million charge in the third quarter to cover losses associated with the unit. Worldwide Grinding, based in Kansas City, Mo., will be sold for $80 million to Bain Capital, a Boston investment firm. Additionally, Armco said it had sold its 50 percent interest in several of Worldwide Grinding's wire-drawing mills to Leggett & Platt Inc. of Carthage, Mo., for $33 million.
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FISCHER & PORTER SHARES UP 71% ON SALE POSSIBILITY
Date: 02 October 1993
By Bloomberg News
Bloomberg News
Shares of the Fischer & Porter Company surged 71 percent yesterday after the company said it would explore a sale of the company. The maker of measurement and control devices said it had hired CS First Boston Group to advise it on strategic alternatives, including a sale. Fischer & Porter shares jumped $6.125, to $14.75, on the American Stock Exchange.
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SUN MICROSYSTEMS FALLS 7.8% OVER SHIPMENT CONCERNS
Date: 02 October 1993
By Bloomberg News
Bloomberg News
The stock of Sun Microsystems fell 7.8 percent yesterday after an analyst predicted shipments of Sun work stations would fall short of her expectations. Sun's stock declined $1.875, to $22.125, on volume of more than 12.8 million shares, making it the most actively traded issue in the United States. The decline in Sun's stock was set off by Laura Conigliaro, an analyst at Prudential Securities, who cut her earnings forecast for Sun's first quarter and fiscal year. "The evidence we have gathered leads us to conclude that Sun is likely to fall shy of our shipments target for the September quarter," Ms. Conigliaro said. Sun officials refused to comment.
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EMERSON RADIO FILES FOR BANKRUPTCY UNDER CHAPTER 11
Date: 02 October 1993
By Bloomberg News
Bloomberg News
The Emerson Radio Corporation has filed for protection from its creditors under Chapter 11 of the United States Bankruptcy Code. The filing late Wednesday came after the electronics company, based in North Bergen, N.J., reached a preliminary agreement with some of its creditors to restructure more than $220 million of debt. Not all creditors have endorsed the reorganization plan. The filing was approved at a special meeting of Emerson's board on Tuesday, according to court records. Under the agreement announced Sept. 14, current shareholders will be given the chance to buy up to 30 percent of the reorganized company. Emerson Radio reported assets of $208.3 million and liabilities totaling $254.3 million.
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