5. december 1995 var en tirsdag under stjernetegnet for ♐. Det var 338 dag på året. Præsident for USA var William J. (Bill) Clinton.
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5th of December 1995 News
Nyheder, som de udkom på forsiden af New York Times på 5. december 1995
COMPANY NEWS;GOODYEAR CHOOSES A NEW CHIEF EXECUTIVE
Date: 06 December 1995
Bloomberg Business News
Bloomberg News
The Goodyear Tire and Rubber Company said yesterday that Samir F. Gibara, its president and chief operating officer, would become chief executive, effective on Jan. 1. Mr. Gibara, 55, will take over from Stanley C. Gault, who is also chairman of the Akron-based tire company. Mr. Gault, 69, will remain chairman until June 30. The company's board said it intended to name Mr. Gibara chairman next June. Mr. Gibara was named president and chief operating officer April 10. Mr. Gibara, a Harvard M.B.A. born in Cairo and fluent in several languages, is a 30-year Goodyear veteran whose experience includes executive posts with Goodyear in Canada and Europe.
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COMPANY NEWS;HUTCHINSON OF FRANCE TO BUY DANAHER UNIT
Date: 06 December 1995
Bloomberg Business News
Bloomberg News
The Danaher Corporation said yesterday that it would sell its Fayette Tubular Products Inc. unit to Hutchinson S.A. of France for $155 million. Fayette, which had revenue of $175 million in 1994, makes air-conditioning equipment for automobiles. Danaher, which is based in Washington, makes tools, environmental controls and transportation products. The company had sales of about $1.3 billion last year. Hutchinson, which has annual revenue of roughly $1.6 billion, makes rubber and other materials for the automotive, industrial and consumer markets. It is a subsidiary of Total S.A., which is based in Paris. Danaher announced the deal after the close of stock trading.
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COMPANY NEWS;AT&T OFFERS NEW SERVICES ON CELLULAR PHONES
Date: 05 December 1995
Bloomberg Business News
Bloomberg News
The AT&T Corporation started a new wireless technology that plans to offer services to businesses and consumers over their cellular phones that they can get with regular phones -- including caller ID and written messages. "The IS-136 technology will allow our customers to truly rely on their portable devices and control their communications," said Nicolas Kauser, chief technology officer for AT&T Wireless Services. Perot Systems, a data-processing company in Dallas owned by billionaire Ross Perot, is AT&T's first customer for the new technology. No financial details were available. IS-136 is expected to become widely available elsewhere in 1996, AT&T said.
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COMPANY NEWS;PRAXAIR TO REVIEW CONFIDENTIAL INFORMATION ABOUT CBI
Date: 06 December 1995
Bloomberg Business News
Bloomberg News
Praxair Inc. signed a confidentiality agreement yesterday with CBI Industries that grants Praxair the right to review certain nonpublic information about CBI. Praxair, which is based in Danbury, Conn., said the agreement provided that neither Praxair nor any of its affiliates could acquire any CBI securities before Jan. 15, 1996, except under special conditions. Praxair proposed buying CBI in October after CBI, which is based in Oak Brook, Ill., broke off merger talks between the companies. Praxair began a $2.1 billion hostile tender offer on Nov. 3, and it said that as of Friday, holders of 1.6 million of CBI's 38 million shares outstanding had accepted the offer. Praxair and CBI both make industrial gases.
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COMPANY NEWS;PLAINS RESOURCES TO BUY ASSETS FROM MARATHON OIL
Date: 06 December 1995
Bloomberg Business News
Bloomberg News
Plains Resources Inc. agreed yesterday to buy oil and gas assets in Illinois, Missouri and Indiana from the Marathon Oil Company for $46 million in cash and stock. Plains Resources, based in Houston, said the purchase included three oilfields operated by Marathon, which produce about 4,500 barrels of oil a day, and other oil and gas interests. Plains will pay $41 million in cash and $5 million in stock for the assets, which include Marathon's geological, geophysical and engineering data base for the region. Marathon, the Houston-based oil unit of the USX Corporation, will retain all of its refinery, retail distribution, pipeline and trucking assets, Plains said.
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ABC Reported To Have Plans For Cable News
Date: 05 December 1995
By Bill Carter
Bill Carter
ABC is expected to announce plans today to begin a 24-hour all news cable service to compete with CNN, executives familiar with the decision said last night. Robert A. Iger, the president of Capital Cities/ABC, is expected to make the formal announcement of the channel at a news conference today. ABC executives declined to comment on the announcement last night.
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ABC and NBC Look Ahead To Rival All-News Channels
Date: 06 December 1995
By Bill Carter
Bill Carter
After 15 years as the only all-news television network, CNN is suddenly attracting a host of competitors. On the same day that ABC officially announced plans to start a competing 24-hour cable news service in early 1997 in partnership with its local and affiliated stations, NBC executives sent word to that network's affiliates that NBC would announce a 24-hour all-news channel "in the near future" to be "rolled out in 1996."
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COMPANY NEWS;URS SHARES GAIN ON NEWS OF GREINER ACQUISITION
Date: 05 December 1995
Dow Jones
Dow Jones
The URS Corporation said yesterday that it would acquire Greiner Engineering Inc. for about $72.8 million in cash and stock. URS, a San Francisco-based design and construction management concern, said the combined company would have revenues of more than $330 million and would be the fifth-largest transportation engineering company in the United States. Shares of Greiner, based in Irving Tex., rose $3.625, or 39 percent, to $12.875 yesterday. URS's shares were up 12.5 cents, to $7, on the New York Stock Exchange. URS said it did not expect the acquisition to have a significant impact on its 1996 earnings.
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COMPANY NEWS;TRIMBLE NAVIGATION STOCK FALLS ON HALT OF SHIPMENTS
Date: 06 December 1995
Dow Jones
Dow Jones
The stock of Trimble Navigation Ltd. fell yesterday on news that the company had temporarily halted shipments of a satellite navigation system to the American Mobile Satellite Corporation. Trimble, which is based in Sunnyvale, Calif., said late on Monday that the halt was caused by delays in American Mobile's development of a gateway used to send data from Trimble's Galaxy/GPS land mobile satellite communications terminals to American Mobile's satellite systems. Trimble's terminals are used by trucking companies, railroads and others for tracking their fleets by satellite. The halting of shipments will cut Trimble's earnings in the fourth quarter by about 12 cents a share, the company said. Last year, earnings in the period were 15 cents a share. The shares of Trimble fell $2.875 yesterday, to $17.875, in Nasdaq trading.
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NEWS SUMMARY
Date: 06 December 1995
International A3-14
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