12 Şubat 1999, Cuma yıldız işaretinin altında bir ♒ idi. Yılın 42 günüydü. Amerika Birleşik Devletleri Başkanı William J. (Bill) Clinton idi.
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12th of February 1999 News
Haber New York Times'ın ön sayfasında 12 Şubat 1999 olarak çıktı
The Fallout Of the Trial
Date: 13 February 1999
By R. W. Apple Jr
R. Apple
R W Apple Jr news analysis on whether or not failed impeachment trial of Pres Clinton will turn out to be Much Ado About Nothing, at least as far as country and its political institutions are concerned; former Sen Howard Baker doubts any longterm impact on anyone except Clinton himself; historian Arthur Schlesinger Jr differs, recalling how failed impeachment of Andrew Johnson weakened Presidency for many years; events of past year have certainly coarsened political discourse, as if Clinton's own habit of pushing the limits infected behavior of other major players; Kenneth Starr's conduct drew so much opprobrium that Congress may not renew independent counsel law; news media has developed ravenous appetite for salacious scandal about politicians; Clinton's credibility is severely damaged, which could prove serious handicap in negotiating with Congress (US)
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At Last, Trial Gains Sense Of Gravity
Date: 13 February 1999
By Caryn James
Caryn James
Comment on television coverage of Pres Clinton's impeachment trial in Senate (S)
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PIRELLI AND COOPER TIRE COMPANIES FORM AN ALLIANCE
Date: 13 February 1999
By Bloomberg News
Bloomberg News
Pirelli forms alliance with Cooper Tire for sales of Pirelli tires in North America (S)
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APPLEBEE'S IS SELLING RIO BRAVO RESTAURANTS TO CHEVY'S
Date: 12 February 1999
By Bloomberg News
Bloomberg News
Applebee's International Inc., an operator of casual-dining restaurants, said yesterday that it had agreed to sell its Rio Bravo Cantina restaurants to the closely held Chevy's Inc. for $53 million in cash, plus $6 million in assumed debt. Chevy's expects to spend $6 million more to bring Rio Bravo franchisees into its network of almost 100 Fresh Mex restaurants. Applebee's said it would take a $5.04 million charge against first-quarter earnings for selling the Rio Bravos and four other restaurants. Its shares rose $1.9375, to $25.8125.
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SPECTRASITE BUYING 2,000 TOWERS FROM NEXTEL
Date: 12 February 1999
By Bloomberg News
Bloomberg News
Nextel Communications, which offers wireless phone services to businesses, agreed yesterday to sell more than 2,000 towers to Spectrasite Communications for $560 million in cash and a 17 percent stake in the closely held Spectrasite. In addition, Spectrasite said it would receive $490 million to build 1,700 new towers within five years, including more than 1,000 this year. Equity investors including the investment firm Welsh, Carson, Anderson & Stowe committed $400 million in cash to Spectrasite to complete the transaction. Shares of Nextel rose $1.625, to $32.125.
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CHANCELLOR MEDIA INTENSIFIES ITS SEARCH FOR A BUYER
Date: 12 February 1999
By Bloomberg News
Bloomberg News
The Chancellor Media Corporation, soon to be the No. 1 owner of radio stations in the United States, said yesterday that it had heightened its search for a buyer for all or part of the company by hiring additional Wall Street advisers. Chancellor said it had hired Morgan Stanley Dean Witter & Company, Goldman, Sachs & Company, Chase Securities Inc. and Greenhill & Company. Hicks, Muse, Tate & Furst Inc., the Dallas buyout firm that will own about 25 percent of Chancellor after the completion of pending purchases, will also advise it. Chancellor also said yesterday that it had a fourth-quarter loss of $26.6 million, or 23 cents a diluted share, 3 cents more than Wall Street had expected. It attributed the loss mostly to expenses relating to a series of acquisitions dating to 1996. Chancellor shares rose $1.375, to $50.75.
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AMERICAN AXLE AGREES TO BUY COLFOR MANUFACTURING
Date: 13 February 1999
By Bloomberg News
Bloomberg News
American Axle & Manufacturing will buy closely-held auto-parts maker Colfor Manufacturing Inc for as much as $170 million in cash (S)
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UNITRIN IN $130 MILLION DEAL FOR FUND AMERICAN UNIT
Date: 12 February 1999
By Bloomberg News
Bloomberg News
Unitrin Inc., an insurance and consumer finance company, said yesterday that it had agreed to pay Fund American Enterprises Inc. $130 million for its Valley Group Inc. unit, adding to its property and casualty insurance holdings. Fund American, an insurer and mortgage banker based in Hanover, N.H., is also to receive an $85 million dividend from Valley Group before the sale closes. The purchase would give Unitrin, based in Chicago, a business with 1998 premium revenue of $161 million, mainly in the Pacific Northwest, California, Texas and New England. Unitrin shares rose 50 cents, to $67, while Fund American was unchanged at $139.
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FIELD GROUP ACCEPTS SWEETENED BID FROM CHESAPEAKE
Date: 13 February 1999
By Bloomberg News
Bloomberg News
Field Group PLC, British maker of paper packaging, accepts sweetened takeover bid of $405 million from Chesapeake Corp, which has been involved in bidding war with Shorewood Packaging Corp (S)
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CBS SAYS IT HAS RAISED ITS STAKE IN SPORTSLINE TO 18%
Date: 12 February 1999
By Bloomberg News
Bloomberg News
The CBS Corporation said yesterday that it had increased its stake in Sportsline USA Inc. to 18 percent and extended its marketing accord with the on-line sports news company for five years. CBS had owned 12.5 percent of Sportsline as part of an alliance that began in March 1997. Under the agreement, which lasts until 2006, CBS receives warrants to buy more Sportsline common shares and may increase its stake to about 27 percent. CBS will also spend about $100 million to promote their joint Web site, cbs.sportsline.com. Sportsline rose $5.25, to $40.125, while CBS shares rose $1.0625, to $36.50.
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