Unnatural Habitat
Date: 16 June 1996
By David Brooks
David Brooks
Feeding the Beast The White House Versus the Press. By Kenneth T. Walsh. 339 pp. New York: Random House. $25.
15 Haziran 1996, Cumartesi yıldız işaretinin altında bir ♊ idi. Yılın 166 günüydü. Amerika Birleşik Devletleri Başkanı William J. (Bill) Clinton idi.
Bu günde doğduysanız, 30 yaşındasınız. Son doğum gününüz 15 Haziran 2026 Pazartesi, 10 gün önceydi. Bir sonraki doğum gününüz 15 Haziran 2027 Salı gün sonra, 354 günü. 10.967 gün veya yaklaşık 263.209 saat veya yaklaşık 15.792.577 dakika veya yaklaşık 947.554.620 saniye yaşadınız.
Date: 16 June 1996
By David Brooks
David Brooks
Feeding the Beast The White House Versus the Press. By Kenneth T. Walsh. 339 pp. New York: Random House. $25.
Date: 15 June 1996
Reuters
Two independent journalists went on trial today accused of defaming President Franjo Tudjman in a case that has helped sour Croatia's relations with Western Europe. Viktor Ivancic and Marinko Culic, editor and lead writer of the satirical weekly Feral Tribune, were indicted under the criminal code that outlaws defamation of state leadership. They face up to three years in jail if convicted.
Date: 16 June 1996
By Max Frankel
Max Frankel
TWENTY-FIVE YEARS AGO TODAY, reporters, editors and owners of The Times stood accused in Federal court of treasonous defiance of the United States. We had begun to publish a 10-part series about the Pentagon Papers, a 7,000-page study of how four Administrations became entrapped in Vietnam -- progressively more committed and more frustrated than they dared at every stage to admit to the public. Although the documents were historical and lacking any operational value, they were stamped "Top Secret" and therefore withheld, like trillions of other Government papers, from public, press, Congress and even Executive officials not duly "cleared" into the priesthood of "national security." We now know that President Nixon at first enjoyed this enormous leak. The papers covered none of his actions; they mostly belabored his Democratic predecessors, Kennedy and Johnson. Indeed, the scoop inspired Nixon to search the files for other secrets that he could leak to sully Democrats during his re-election campaign.
Date: 15 June 1996
Dow Jones
Dow Jones
American Rice Inc. agreed yesterday to buy the Campbell Soup Company's ripe and green olive businesses, including the Durkee and Early California trademarks. Financial terms were not disclosed. After news of the deal, American Rice stock jumped $1.25, or 76 percent, to $2.875, in Nasdaq trading. Campbell's stock fell $1.125, to $62.50, on the New York Stock Exchange. American Rice, of Houston, said the operations had annual sales of about $100 million. Included in the purchase are olive-processing and canning plants in Visalia, Calif., and Seville, Spain, as well as olive inventories.
Date: 15 June 1996
Reuters
The Regions Financial Corporation, a banking company based in Birmingham, Ala., said yesterday that it had agreed to acquire Allied Bankshares Inc. in a $136.3 million stock swap. Regions will offer 0.226 share of its common stock for each Allied share, or a total of about 2.9 million shares, in a tax-free pooling of interests. The acquisition, including four others that are pending, would raise Regions' total assets to about $18.8 billion, with $4.6 billion in Georgia. Regions operates 355 banking offices and has assets of $562 million.
Date: 15 June 1996
Dow Jones
Dow Jones
Falcon Holding Group L.P. agreed yesterday to buy Falcon Cable Systems Co., a cable operating partnership in which Falcon Holding holds a minority state, for about $247.4 million. The privately held cable operator will make the purchase through an affiliate. Falcon Cable's partnership agreement provides for a distribution of all of its assets if the partnership is sold. Falcon Holding said the amount of the distribution would be set after the deal and the assets were appraised. The company said based on an appraisal at March 31, the distribution would be $9.17 a partnership unit based on 6.4 million units outstanding. On the American Stock Exchange, Falcon Cable units were down 37.5 cents at $9 each. Falcon Cable owns cable systems in California and western Oregon.
Date: 15 June 1996
Bloomberg Business News
Bloomberg News
Shares of In Focus Systems Inc. fell 33 percent on worry that the company faces competition from Sony Electronics for equipment that lets users display computer-generated information on overhead projectors. On Thursday Sony said its new line of projection-display equipment would be available in August. New projection products were also introduced at the Infocomm trade show in Philadelphia by Panasonic, Sanyo and Sharp. In Focus fell $16.0625, to $31.75, in Nasdaq trading.
Date: 15 June 1996
Bloomberg Business News
Bloomberg News
The Cityscape Financial Corporation said yesterday that it had bought Heritable Finance Group, a British mortgage company, for about $66 million. The transaction was mostly in cash, with less than 5 percent in stock. Cityscape, a mortgage banking based in Elmsford, N.Y., said it would operate Heritable as part of its British subsidiary, the City Mortgage Corporation Ltd. Heritable was a subsidiary of Heritable Group P.L.C., which is 50.1 percent owned by the Philadelphia-based Corestates Financial Corporation. Cityscape's shares jumped $4.375, to $50, in Nasdaq trading. Heritable, based in Reading, England, had a loan portfolio of L130 million ($199 million) at the end of March.