18 Ocak 1996 Perşembe Tekrar oynatılıyor

Beijing Clarification On Financial News

Date: 19 January 1996

Reuters

China said today that its plan to monitor foreign financial news services would also include on-line trading systems. It added that the services, which will be subject to the approval of the official New China News Agency, would not be permitted to upgrade their technical systems for the time being. The clarification about delivery of economic information by foreign vendors in China was issued by the agency two days after Beijing announced that all such vendors must distribute their information through New China. The moves primarily affect the Reuters and Dow Jones business news services.

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Mayor Compares Sharpton To a Former Klan Leader

Date: 19 January 1996

By Steven Lee Myers

Steven Myers

After first trying to brush aside new questions about his relationship with the Rev. Al Sharpton, Mayor Rudolph W. Giuliani instead escalated his criticisms yesterday, comparing Mr. Sharpton to David Duke, the former leader of the Ku Klux Klan who ran unsuccessfully for Governor of Louisiana and the United States Senate. The Mayor accused Mr. Sharpton of conning New Yorkers -- and the news media -- by continuing to draw attention to the controversy that began on Monday, when the police prevented Mr. Sharpton from using the roadway of the Brooklyn Bridge for a march to honor the Rev. Dr. Martin Luther King Jr.

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NEWS SUMMARY

Date: 18 January 1996

International A3-11

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NEWS SUMMARY

Date: 19 January 1996

International A3-11

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China Says Moves Won't Impede News

Date: 18 January 1996

By Kevin Murphy, International Herald Tribune

Kevin Murphy

A Chinese officialdenied Wednesday that an edict establishing tighter control of business news in China would affect the "real- time" information upon which financial markets and some news agencies depend...But with scant official clar

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COMPANY NEWS;CHAIRMAN RESIGNS AT MICRON TECHNOLOGY

Date: 19 January 1996

Bloomberg Business News

Bloomberg News

Micron Technology Inc. of Boise Idaho, a leading chip maker, said yesterday that Steve Appleton had resigned as chairman, chief executive, president and director, a little more than a year after he assumed control. Mr. Appleton was replaced by Tyler Lowrey, formerly the vice chairman and chief technical officer. Mr. Appleton's resignation comes after Micron shares skidded 66 percent from a high of $94.375 in September as prices fell for the company's dynamic random access memory chips. Micron shares closed at $32, down 25 cents, yesterday. Mr. Appleton was named chairman in September 1994 after Micron's biggest shareholder, the Idaho potato magnate J. R. Simplot, grew disenchanted with previous management's cautious approach to expansion.

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COMPANY NEWS;HELENE CURTIS TO CONSIDER SEEKING A BUYER

Date: 19 January 1996

Bloomberg Business News

Bloomberg News

The shares of Helene Curtis Industries rose yesterday after its directors said they would consider the recommendation of Shamrock Holdings of California Inc. that the personal-care products company seek a buyer. Shamrock, the investment manager for members of the family of Walt Disney, made the recommendation in a letter to Helene Curtis dated on Tuesday. Shamrock, which holds a 7.6 percent stake in Helene Curtis, also called for the dismantling of the company's dual-class shareholder structure. Shares of Helene Curtis, the maker of Suave shampoos and Degree deodorant, closed up $1.25 at $42, and have risen 38 percent in the last week.

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COMPANY NEWS;LOWER EARNINGS EXPECTED BECAUSE OF SLOW SALES

Date: 18 January 1996

Bloomberg Business News

Bloomberg News

The Minnesota Mining and Manufacturing Company said yesterday that it expected earnings for the fourth quarter to be lower than a year earlier, even before a charge related to the spinoff of some operations, because of weak sales in December. The company's shares fell $3.50, to $63.75, on the New York Stock Exchange. The businesses to be spun off, including the computer floppy-disk manufacturing operation, were among those with the weakest sales, the company, known as 3M, said. The continuing operations, which include Post-It Notes, Scotch adhesive tapes and Thinsulate insulating fabric, are expected to have been about as profitable as a year earlier.

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COMPANY NEWS;FOUNDATION HEALTH TO BUY MANAGED HEALTH NETWORK

Date: 19 January 1996

Bloomberg Business News

Bloomberg News

The Foundation Health Corporation signed an agreement yesterday to buy the closely held Managed Health Network Inc. in a stock-swap valued at about $45 million. Foundation Health, a managed health care company, said it did not expect the acquisition to have any impact on its 1996 earnings. Los Angeles-based Managed Health has branches in 12 states and annual revenue of about $44.4 million. The company provides employee-assistance and behavioral-health programs to more than 350 corporate, government and union clients. Foundation Health, based in Rancho Cordova, Calif., will combine Managed Health's operations with its own behavioral health unit.

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COMPANY NEWS;FILENET AGREES TO BUY TWO SOFTWARE MAKERS

Date: 19 January 1996

Dow Jones

Dow Jones

The Filenet Corporation of Costa Mesa, Calif., agreed yesterday to acquire the Saros Corporation, a privately held supplier of document management and Internet software, for stock valued at about $102 million. Filenet, a maker of client-server and document imaging software, will exchange 2.2 million shares, which will include directly issued shares and options to purchase Filenet stock. Saros, based in Bellevue, Wash., will operate as a Filenet business unit. Separately, Filenet said it had agreed to acquire the New York-based software developer International Financial Systems Ltd. for an undisclosed amount of cash. Filenet shares were up $2, at $48.125, in Nasdaq trading.

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