18. september 1993 var en lørdag under stjernetegnet for ♍. Det var 260 dag på året. Præsident for USA var William J. (Bill) Clinton.
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18th of September 1993 News
Nyheder, som de udkom på forsiden af New York Times på 18. september 1993
Lights, Camera, Write 'Em!
Date: 19 September 1993
By Degen Pener
Degen Pener
It seems hard to find a New York journalist who isn't lusting after a role in Ron Howard's movie "The Paper," which has been shooting in New York for the last two months. The film, which stars Glenn Close, Michael Keaton, Marisa Tomei, Robert Duvall and Randy Quaid, is set inside a fictional tabloid. So far, Pete Hamill, Jeannie Williams of USA Today, Kurt Loder of MTV, Bob Costas of NBC and Graydon Carter (right, bottom), the editor in chief of Vanity Fair, have all shot cameos. Mr. Carter's wife, Cynthia, got one, too.
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Columnist Injured in Car Crash
Date: 19 September 1993
By Garry Pierre-Pierre
Garry Pierre-Pierre
Mike McAlary, a columnist who has worked for all of New York's three tabloid newspapers, was in critical condition yesterday after the car he was driving smashed into a concrete divider on the Franklin D. Roosevelt Drive. Mr. McAlary, 35, suffered injuries to his chest, abdomen and head, said a spokeswoman for Bellevue Hospital, where he underwent surgery.
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Unshackle the Press in Slovakia
Date: 18 September 1993
In Slovakia, which split from the Czech Republic earlier this year, democracy is skin-deep and its party bosses thin-skinned. Even the slightest mention of a Slovak blemish in the local or foreign press inevitably provokes finger-wagging lectures from Prime Minister Vladimir Meciar and his deputies on the "responsibility" of the press or, when that seems too mild, accusations that a wicked press is out to crush the infant republic. The problem is not, of course, unique to Slovakia. A combination of governmental ham-handedness and near-zero understanding of an independent press has choked off free discussion in many former Communist states, including many of the recent breakaways from the former Soviet Union. But despite the country's highly literate population, Slovakia's politicians -- most of whom are recycled apparatchiks from the bad old days -- seem particularly uptight and hellbent on chilling even the mildest criticism.
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JHM MORTGAGE FALLS 20% AS ITS DIVIDEND IS SLASHED
Date: 18 September 1993
By Bloomberg News
Bloomberg News
Shares of JHM Mortgage Securities L.P. fell 20 percent yesterday on news that the company had slashed its quarterly dividend 48 percent and expects a loss for the third quarter. After the close of trading on Thursday, JHM, which invests in mortgage-related securities and assets, said it expected to write down the value of its mortgage servicing portfolio. JHM blamed the year-and-half-long drop in mortgage interest rates to record lows, which prompted a record number of homeowners to refinance and prepay their mortgages. As a result, JHM said, it expects to post a loss of between $4 million and $6 million for the third quarter. The company also said it had cut its quarterly dividend to 10 cents a unit from the 21 cents it paid for the previous two quarters. The units closed down $1.375, at $5.50, on the New York Stock Exchange.
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ANTEC'S SHARES CLIMB BY 39% IN FIRST DAY OF TRADING
Date: 18 September 1993
By Bloomberg News
Bloomberg News
The Antec Corporation rose as much as 39 percent from their initial public offering price in the first day of trading as a public company. Antec, which was wholly owned by the Itel Corporation, sold 8.15 million shares at $18 through an underwriting group led by the Donaldson, Lufkin & Jenrette Securities Corporation. The stock closed at $24 in Nasdaq trading of almost 7.5 million shares, making it the most active United States issue. The stock traded as high as $25 earlier in the session. The Rolling Meadows, Ill., company makes equipment for the cable television industry. Antec sold 5.4 million shares and Itel sold 2.75 million shares in the offering.
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KELLOGG SET TO BUY BACK $100 MILLION OF ITS SHARES
Date: 18 September 1993
By Bloomberg News
Bloomberg News
The Kellogg Company said yesterday that its board had approved a plan to buy back an additional $100 million of its common stock. Early this year, the cereal maker bought back $300 million of its stock. Then, in April, it approved a plan to repurchase another $200 million. The company said that to date it had bought back about $160 million under that plan. Neil G. Nyberg, a company spokesman, said Kellogg thinks its shares are cheap. "We think current market conditions provide an excellent opportunity to buy more shares," he said. Kellogg's stock has dropped almost 29 percent from its record high at $75.375 last October. The shares were down 75 cents yesterday, at $53, on the New York Stock Exchange.
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A Consumer Index Is Flat
Date: 18 September 1993
By Bloomberg News
Bloomberg News
The University of Michigan's preliminary consumer sentiment index was essentially flat in September, edging up to 77.4, from 77.3 in August, people with access to the survey said yesterday. The tiny gain was below economists' expectations. They expected the index to rise to between 77.5 and 79, said Fred Leiner, market strategist for Continental Bank in Chicago.
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Paris to Sell Bank Shares
Date: 18 September 1993
By Bloomberg News
Bloomberg News
The French Government plans to sell a 40 percent stake in Banque Nationale de Paris by Dec. 20 if market conditions allow, the Economy Ministry said today. Banque Nationale is the first of 21 state-controlled companies the Government plans to convert to shareholder ownership in the next five years. Some 72 million shares will be sold, after a 2-for-1 stock split takes effect, the Government said in a statement.
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Lower Demand in London Pushes Down Copper Prices
Date: 18 September 1993
By Bloomberg News
Bloomberg News
Copper prices plunged yesterday to the lowest levels in four months as heavy demand for copper for immediate delivery suddenly eased on the London Metals Exchange. In London, demand for delivered copper had pushed prices above those paid for future delivery, a situation that traders call a "backwardation." But that demand eased yesterday, traders said.
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NEWS SUMMARY
Date: 19 September 1993
International 3-20 CLINTON MAY FACE BOSNIA DECISION
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