Il 2 agosto 1994 era una martedì sotto il segno zodiacale del ♌. Era il 213 ° giorno dell'anno. Il presidente degli Stati Uniti era William J. (Bill) Clinton.
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2nd of August 1994 News
Notizie come è apparso sulla prima pagina del New York Times il 2 agosto 1994
Haiti Attacks Critics and Restricts Civil Rights
Date: 03 August 1994
By Larry Rohter
Larry Rohter
In separate attacks that came hours after a state of siege was declared here, Government security forces shot and wounded a critic of military rule on Monday and beat and arrested several other people who were applying for refuge in the United States, witnesses and diplomats said today. The military-dominated Government nominally headed by President Emile Jonassaint, which ordered the state of siege in a television broadcast early Monday, has also announced the first official restrictions on civil liberties under the decree: It warned radio and television stations here that their licenses may be rescinded if their news coverage is deemed unpatriotic.
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Love Story
Date: 03 August 1994
Somewhere above reality -- somewhere, let us say, between the earth and the ether -- there lies a land whose only manifestation is in those fabulous tabloids that greet supermarket shoppers just before they reach the cash register. The checkout line becomes a reading room. In this land, 99-year-old women give birth almost every day. Some of these women have 15-year-old boyfriends. Others were partnered, if only temporarily, by gentlemen who are not only out of this world but out of this species.
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SHARES OF FIRSTAR FALL ON PURCHASE PLAN NEWS
Date: 02 August 1994
By Bloomberg News
Bloomberg News
Shares of the Firstar Corporation fell yesterday after the company said over the weekend that it planned to buy the First Colonial Bankshares Corporation of Chicago for $314 million in stock. First Colonial shares also declined. Firstar's shares closed down $1.25, to $33.375, in trading on the New York Stock Exchange. First Colonial traded down 37.5 cents, to $23.75, in Nasdaq trading. Under terms of the stock-swap agreement announced on Sunday, First Colonial shareholders would receive 0.7725 of a share of Firstar for every First Colonial share. Since falling to a 52-week low of $15.75 last October, First Colonial's shares had risen, in part on speculation that the company would be acquired.
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AUTOMOTIVE PLASTICS BUSINESS SOLD TO CAMBRIDGE
Date: 03 August 1994
By Bloomberg News
Bloomberg News
The Rockwell International Corporation said yesterday that it had completed the sale of its automotive plastics business to Cambridge Industries Holdings Inc. for an undisclosed price. Cambridge, a maker of plastic components for the auto industry, said it had also completed a recapitalization to increase its debt capacity. Cambridge, based in Dearborn, Mich., said it would have annual revenue of about $300 million with the addition of the Rockwell business. The deal includes three plants which have about 1,700 workers.
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Carter-Wallace Share Price Plunges
Date: 02 August 1994
By Bloomberg News
Bloomberg News
Carter-Wallace Inc.'s shares plummeted yesterday, losing nearly a third of their value, after the company warned doctors to quit treating patients with an epilepsy drug linked to two deaths. The health care products company, which is based in New York, said it had sent letters to about 240,000 doctors recommending that patients discontinue taking the drug, Felbatol, after reports that 10 people had contracted aplastic anemia, a rare and frequently fatal blood disorder in which the bone marrow stops making blood cells. Two of those people died.
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USAIR PLANS LAYOFFS AT ALLEGHENY COMMUTER
Date: 03 August 1994
By Bloomberg News
Bloomberg News
Trying to pare costs, USAir Group Inc. will lay off about 400 workers at Allegheny Commuter Airlines and sell a big portion of the unit's assets to Mesa Airlines Inc. of Farmington, N.M., an independent carrier that offers some of its flights under the banner of USAir Express. Mesa said the deal would raise its annual revenue, which totaled $353.6 million last year, by about 10 percent. Floridagulf Airlines, Mesa's East Coast unit, will get the exclusive right to operate as a USAir Express carrier to 22 midsized cities in the Northeast. Mesa will buy Allegheny's maintenance and office facility in Reading, Pa., and will purchase aircraft, spare parts, tools and support equipment. USAir will lay off about 400 of Allegheny's 1,436 employees. Mesa says it will look to these workers as it seeks to fill 200 jobs created by the expansion.
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OFFER IS RAISED FOR BRITISH FUNERAL HOME COMPANY
Date: 03 August 1994
By Bloomberg News
Bloomberg News
Service Corporation International, the world's largest funeral home company, raised its cash offer yesterday for Great Southern Group P.L.C. by 14 percent. Great Southern said its board would meet soon to consider the offer. Great Southern, the third-largest funeral home operator in Britain, is controlled by a family trust, J. D. Field & Sons Ltd. The new bid by Service Corporation, which is based in Houston, values Great Southern at about $:99.1 million ($152 million), up from $:87.4 million in the original bid on June 9. J. D. Field said the earlier offer was inadequate. The new bid expires on Aug. 20.
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FIRST UNION COMPLETES BANCFLORIDA FINANCIAL PURCHASE
Date: 02 August 1994
By Bloomberg News
Bloomberg News
The First Union Corporation completed the acquisition yesterday of the BancFlorida Financial Corporation for about $181 million in common stock. As part of the transaction, First Union said it had agreed to redeem all $15.2 million of BancFlorida's 9 percent convertible subordinated debentures due 2003. Under the agreement, each common share of BancFlorida, Naples, will be exchanged for 0.665 share of First Union common. Jeep Bryant, a spokesman for First Union, said most of BancFlorida's employees would be integrated into the company. First Union is a bank holding company whose assets, including BancFlorida, total $74.2 billion. It has about 33,000 employees.
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TEXAS INSTRUMENTS AND HITACHI FORM JOINT VENTURE
Date: 02 August 1994
By Bloomberg News
Bloomberg News
Texas Instruments Inc. and Hitachi Ltd. said yesterday that they would form a joint semiconductor manufacturing venture in the United States. The two companies plan to build a $500 million wafer fabrication factory in the United States, beginning in the first half of 1995. The companies said their preferred site is in Richardson, Tex., and the plant is expected to employ more than 500 people when it becomes operational by late 1996. The facility will be used to manufacture 16-megabit and 64-megabit dynamic random-access memory chips. These chips are used to store data in a variety of electronic and consumer products, including computers and telecommunications equipment. All semiconductors produced by the joint venture will go directly to Texas Instruments and Hitachi.
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HEWLETT-PACKARD CUTS PRICES OF ITS COMPUTERS
Date: 02 August 1994
By Bloomberg News
Bloomberg News
Responding to lower production costs and heated competition, the Hewlett-Packard Company introduced new models yesterday and announced lower prices for a range of computers and networking gear, cutting some prices by as much as 35 percent. The company, based in Palo Alto, Calif., said it was adding two new models to its Vectra line of personal computers while cutting the price of advanced Vectra models by as much as 15 percent. The company also introduced an advanced palmtop computer, the 200LX-2MB, at a price $50 less than a comparable model introduced 14 months ago. Hewlett-Packard also cut the prices of its Advancestack line of networking products by as much as 35 percent to become more competitive with its rivals.
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