3. januar 2000 var en mandag under stjernetegnet for ♑. Det var 2 dag på året. Præsident for USA var William J. (Bill) Clinton.
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3rd of January 2000 News
Nyheder, som de udkom på forsiden af New York Times på 3. januar 2000
OCCIDENTAL AND EOG RESOURCES SWAP PROPERTIES
Date: 04 January 2000
By Bloomberg News
Bloomberg News
The Occidental Petroleum Corporation and EOG Resources Inc. said yesterday that they had exchanged oil and natural-gas fields in the United States to cut costs and increase production. Occidental, the ninth-biggest United States oil company, received fields in California that produce about 12 million cubic feet of gas a day. It also got properties in the western Gulf of Mexico that produce 26 million cubic feet of gas equivalent a day. They are adjacent to fields Occidental already owns. EOG received properties in eastern Texas that are next to fields it owns. Occidental's shares fell 81.25 cents, to $20.8125, on the New York Stock Exchange, while EOG, formerly the Enron Oil and Gas Company, fell $2.0625, to $15.50.
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EDO AGREES TO BUY AIL TECHNOLOGIES FOR $88.4 MILLION
Date: 04 January 2000
By Bloomberg News
Bloomberg News
The Edo Corporation, a maker of electronic systems for the military industry, agreed to buy the closely held Ail Technologies Inc. for about $88.4 million in cash, stock and debt to add military and aerospace technologies. Edo will issue about 6.55 million shares, pay about $13.1 million and assume about $35.2 million in debt from Ail Technologies, based in Deer Park, N.Y. Edo said the companies' combined revenue could reach $240 million. Edo, based in New York, makes electronic optical products, including undersea sonar systems. Ail's products include defensive electronics on the B-1B bomber and aircraft, marine and satellite antennas
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Cable Company Blocking Fox Programs
Date: 04 January 2000
By Bloomberg News
Bloomberg News
Cox Communications Inc., the fifth largest cable operator in the United States, has blocked 500,000 customers from seeing local programming from News Corporation's Fox Entertainment Group Inc. after the two companies failed to reach a new distribution agreement. Cox customers in Cleveland; Dallas; Houston; Austin, Tex., and Fairfax County, Va., have been unable to view Fox programming, including National Football League games and local news, since Jan. 1 unless they have an antenna or satellite.
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Calpine Buys Gas Reserves
Date: 04 January 2000
By Bloomberg News
Bloomberg News
The Calpine Corporation said today that it had bought 90 billion cubic feet of natural gas reserves from Vintage Petroleum Inc. for $71.5 million to reduce fuel costs for its gas-powered generators. Calpine said it had bought the 58 percent interest in the Rio Vista field that it did not already own.
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GERMAN ROOFING UNIT SOLD
Date: 04 January 2000
By Bloomberg News
Bloomberg News
The world's biggest maker of roofing materials, Lafarge S.A., said it bought the remaining shares in its German roofing unit, Lafarge Braas, for 740 million euros, or about $748 million. It paid for the 43.5 percent it did not own with 5.7 million shares and 81 million euros in cash.
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LLOYDS INTERNET SERVICES
Date: 04 January 2000
By Bloomberg News
Bloomberg News
Britain's second-largest bank, Lloyds TSB Group P.L.C., will offer services over the Internet on continental Europe to expand outside Britain, where more than 90 percent of the bank's profits are generated. Lloyds, Europe's most profitable bank, will be gambling it can make money in a business where others have not.
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SOUTH KOREA'S TRADE SURPLUS
Date: 04 January 2000
By Bloomberg News
Bloomberg News
South Korea's trade surplus widened 17 percent in December, as more shipments of semiconductors, automobiles and computers drove exports to a record for a third month. The trade surplus reached $2.9 billion from $2.5 billion in November, the Commerce, Industry and Energy Ministry said. The export boom -- fueled partly by the devaluation of the won in 1997 -- has allowed South Korea to rebound from its worst-ever recession in 1998. The trade surplus for all of 1999 fell to $24.5 billion from $39 billion in 1998.
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CURRENCY TRADING LOSS
Date: 04 January 2000
By Bloomberg News
Bloomberg News
The world's top maker of household appliances by sales, Electrolux, said it might lose about 240 million kronor, or $28 million, because of unauthorized currency trades by an employee. Many companies use currency transactions to protect earnings made overseas from fluctuations in foreign exchange. The employee, whom Electrolux declined to identify, was ''outside his authority'' because he was betting on the direction of many currencies, said Lars Goran Johansson, a spokesman. Electrolux, a Swedish concern, became aware of the trades last week.
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THOMSON DEAL RUMORED
Date: 04 January 2000
By Bloomberg News
Bloomberg News
The shares of Europe's largest military electronics maker, Thomson-CSF, rose to a four-month high on a report that it was preparing to bid for Racal Electronics P.L.C. of Britain. Thomson-CSF shares rose 1.21 euros, to 34 euros, after The Sunday Times in London said, citing no sources, that the French maker of radars, missiles and electronics would buy its rival for $:2 billion, or $3.2 billion. The companies did not comment. The Paris-based company is seeking to challenge BAE Systems P.L.C.'s dominance at home.
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Investigation Of Adac Results
Date: 04 January 2000
By Bloomberg News
Bloomberg News
Adac Laboratories, a leading maker of nuclear imaging equipment used in medical diagnosis, said today that the Securities and Exchange Commission was investigating the company's restatement of financial results for the fiscal years 1996 through 1998. Adac shares fell $1.6875 each, or more than 15 percent, to $9.0625. The S.E.C.'s formal investigation was disclosed by Adac in a filing with the agency. An S.E.C. spokesman declined to comment.
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