6. juli 1995 var en torsdag under stjernetegnet for ♋. Det var 186 dag på året. Præsident for USA var William J. (Bill) Clinton.
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6th of July 1995 News
Nyheder, som de udkom på forsiden af New York Times på 6. juli 1995
Russian Press Free, Free to Go Broke
Date: 06 July 1995
By Steven Erlanger
Steven Erlanger
The arc of Vitaly Tretyakov's career sparked high in the electric days of perestroika and the new press freedoms that followed the demise of the Soviet Union. But in the marketplace of a new Russia that is more interested in commerce than in big ideas, that is turning away from liberal democratic notions back toward corrupt bureaucratic management, Mr. Tretyakov and his newspaper, Nezavisimaya Gazeta -- which was once as important to the intellectual and political elite as harsh cigarettes and thick black coffee -- have had a mighty tumble.
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Bert Hardy, 82, Photographer Of British Life
Date: 07 July 1995
By Roberta Smith
Roberta Smith
Bert Hardy, a photographer whose images of life in England during and after World War II are considered classics of British photojournalism, died on Monday in Oxted, south of London. He was 82. The cause was a heart attack, his family said.
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GIBSON GREETINGS TO EXPLORE SALE OF COMPANY
Date: 07 July 1995
By Bloomberg News
Bloomberg News
Gibson Greetings Inc. said yesterday that it would begin discussions on a possible sale of the company, and a rival, the American Greetings Corporation, quickly emerged as a potential buyer. Gibson, the nation's No. 3 greeting card company, said it had received preliminary expressions of interest in the company. "We are interested," American Greetings said in a statement. "We have formally expressed our interest to Gibson." Gibson, based in Cincinnati, reported a loss in 1994 and also lost market share to the industry leader, the privately held Hallmark Cards Inc., and to American Greetings, the No. 2 greeting card company. Shares of Gibson rose $2 yesterday, to $14.50, in Nasdaq trading of almost 1.5 million shares.
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SYMANTEC IS EXPECTED TO MAKE AN OFFER FOR DELRINA
Date: 06 July 1995
By Bloomberg News
Bloomberg News
The Symantec Corporation, a software company based in Cupertino, Calif., is expected to make a stock offer for the Delrina Corporation of Toronto today for as much as $1.06 billion (Canadian), or $774 million (United States), analysts said yesterday. Symantec would pay $40 to $44 (Canadian) a share for Delrina, which is known for its Winfax program, the analysts said. Trading in Delrina's stock, which was unusually heavy yesterday, was halted after rising $2.375, to $21.25, on the Toronto Stock Exchange. Symantec officials refused to comment. Delrina said it was in merger negotiations and expected to announce a definitive transaction shortly. Analysts said they had received separate notices from the two companies about conference calls to be held today. Both companies provided analysts with the same telephone number.
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CREDIT LYONNAIS AND BANKERS TRUST FORM ALLIANCE
Date: 06 July 1995
By Bloomberg News
Bloomberg News
Credit Lyonnais and Bankers Trust said yesterday that they were forming an alliance for their global custody businesses for French and international securities. Global custody involves providing back-office support for processing transactions and valuing the investments of large investors. Credit Lyonnais said it looked after assets of about 360 billion francs ($75 billion) for its customers. Bankers Trust is among the top 10 banks in the world involved in global custody, dealing with about $1.4 trillion of customers' assets.
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NEW CHIEF EXECUTIVE IS NAMED AT HILLS STORES
Date: 07 July 1995
By Bloomberg News
Bloomberg News
The Hills Stores Company said yesterday that it had named E. Jackson Smailes president and chief executive, succeeding Michael Bozic, who resigned yesterday with five other senior managers after they lost a takeover battle for Hills. They were defeated by Dickstein Partners Inc., an investment firm run by Mark Dickstein. Hills Stores, based in Canton, Mass., named Robert Stevenish senior executive vice president and chief operating officer. Both Mr. Stevenish and Mr. Smailes will be appointed to the company's board. Mr. Bozic and the five senior managers who left Hills will collect $32 million in severance. Mr. Dickstein was named chairman yesterday a week after his slate of candidates was elected to the board.
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SHARES OF LEGATO SYSTEMS JUMP ON FIRST DAY OF TRADING
Date: 07 July 1995
By Bloomberg News
Bloomberg News
Shares of Legato Systems Inc. rose sharply on their first day of trading as investors pursued the only high-tech stock offering of the week. Shares of Legato were issued at $19 each and climbed as high as $29.50 within minutes of the start of trading. The company's shares closed at $27 in Nasdaq trading of almost 2.6 million shares. Legato, based in Palo Alto, Calif., develops software that backs up data storage for computer networks. The company originally filed to sell two million shares at $15 to $17 each, but the lead underwriter, Robertson, Stephens & Company, eventually priced the offer at $19 a share.
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GRAND CASINOS TO BUY 2 MINNEAPOLIS GAMING COMPANIES
Date: 07 July 1995
By Bloomberg News
Bloomberg News
Grand Casinos Inc. said yesterday that it had signed letters of intent to acquire Gaming Corporation of America and the Grand Gaming Corporation for stock worth about $182 million. The three companies, all based in Minneapolis, are jointly developing a casino in Tunica County, Miss., about 15 miles south of Memphis. Grand Casinos and Gaming Corporation each own 39 percent of Grand Gaming, whose sole business is the Mississippi casino. Shares of Grand Casinos rose $1.25 cents, to $37.50, on the New York Stock Exchange. The acquisitions are subject to a definitive agreement and approvals from regulators and shareholders.
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America Online's Growth
Date: 06 July 1995
By Bloomberg News
Bloomberg News
America Online Inc., the on-line services company, said today that it now had more than three million subscribers. Its subscribers have grown from 300,000 two years ago, the company said. In May, the company had 2.5 million subscribers. Shares of the company, based here, rose $2.25, to $46.50, in Nasdaq trading today.
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Warburg Seeks Buyer for Unit
Date: 06 July 1995
By Bloomberg News
Bloomberg News
S B C Warburg, the company created when the Swiss Bank Corporation recently took over S. G. Warburg Group P.L.C., is trying to sell Warburg's United States government bond unit, a company official said. The most likely buyers are banks seeking to increase their securities businesses, the Warburg executive said.
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