Viewing a Year Both Tragic and Joyful
Date: 27 September 1996
By Margarett Loke
Margarett Loke
Margarett Loke reviews Eyewitness 1996, an exhibition of best photojournalism of 1995, as selected by World Press Photo Foundation, at World Financial Center, NYC; photo (L)`
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DOW WINS APPEAL IN BREAST-IMPLANT LAWSUITS
Date: 27 September 1996
By Bloomberg News
Bloomberg News
California Court of Appeal upholds decision dismissing Dow Chemical Co and Corning Inc from 1,800 breast-implant lawsuits; court says two companies could not be held liable for actions of their Dow Corning Corp joint venture (S)
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BURLINGTON SHARES DROP ON POOR EARNINGS FORECAST
Date: 27 September 1996
By Bloomberg News
Bloomberg News
Burlington Industries' shares fall 21 percent after company says earnings for its fourth quarter this year and first half of 1997 will be hurt by excess inventory of denim among companies it supplies (S)
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WATSON TO ACQUIRE ANOTHER DRUG CONCERN
Date: 27 September 1996
By Bloomberg News
Bloomberg News
Watson Pharmaceuticals Inc agrees to acquire Oclassen Pharmaceuticals Inc for $135 million in stock (S)
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PRAXAIR TO SELL STATIA FOR $210 MILLION
Date: 26 September 1996
By Bloomberg News
Bloomberg News
Praxair Inc says it will sell its Statia Terminals business for $210 million to investor group formed by Castle Harlan Partners II LP and Statia's managers (S)
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BASF and Daimler Cut Workers' Sick Pay
Date: 26 September 1996
By Bloomberg News
Bloomberg News
BASF AG joins Daimler-Benz AG in cutting sick pay for 264,000 German employees; unions threaten strikes and court action to fight reductions, which top list of deregulatory measures that industry and government say are needed to increase Germany's appeal to business (S)
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Checkpoint Systems' Shares Tumble 23%
Date: 26 September 1996
By Bloomberg News
Bloomberg News
Shares of Checkpoint Systems Inc plunge 23 percent after company says its third-quarter profit would fall below expectations (S)
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Chairman of Jardine Fleming Steps Down
Date: 27 September 1996
By Bloomberg News
Bloomberg News
Alan H Smith, chairman of Jardine Fleming Group, announces his retirement in wake of investigation that found its star fund manager was cheating clients; Henry C T Strutt, managing director, will succeed Smith and set up 10-member supervisory board as part of shuffling of top management (S)
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Corn Prices Fall as Weather Eases Fears of Frost Damage
Date: 27 September 1996
By Bloomberg News
Bloomberg News
Corn prices fall sharply on Chicago Board of Trade as forecasts for warmer weather ease outlook for frost damage; gold prices fall (M)
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Invesco Talks With AIM About Merger
Date: 27 September 1996
By Bloomberg News
Bloomberg News
Invesco PLC and AIM Management Group Inc say they are talking about merger that could result in creation of international fund manager with $144 billion in assets; those involved say it would be merger of equals, but transaction would most likely be structured in way that AIM would assume managing control of Invesco's mutual fund operation and perhaps whole company (M)
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