The Riches of Cable
Date: 14 October 1996
By Mark Landler
Mark Landler
Analysis of Giuliani administration's battle to force Time Warner to carry Rupert Murdoch's Fox News Channel on New York City cable television system; discusses entry into fray of other cable networks (M)
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Political Ads Leap From the TV Landscape
Date: 14 October 1996
By James Bennet
James Bennet
Advertising war between two Presidential campaigns seems to overwhelm generally perfunctory reports on Presidential race on local television news; although political advertisements account for tiny proportion of total commercial traffic, their nasty edge makes them stick out among commercials; Clinton and Dole campaigns are buying about equal amounts of television time in Philadelphia, Pa; each has bought enough time to insure that every television viewer will see one of their commercials at least 10 times this week; critics say messages of political advertisements contradict each other, and may even cancel each other out in some viewers' minds (M)
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Technology And Travails Of Dow Jones
Date: 14 October 1996
By Steve Lohr
Steve Lohr
Dow Jones & Co is hurt by troubles at its Telerate unit; Telerate faces increasing competition in its core business of supplying government bond prices to traders and lags behind both Reuters Holdings PLC and Bloomberg LP in making investments in new computer software that enables dealers to quickly convert market data into analytic programs used to spot trading opportunities; Telerate's troubles loom large at Dow Jones because it has become far more important to the company's performance than its flagship newspaper, The Wall Street Journal, whose earnings are rising now along with those of other newspapers (M)
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SEACOR HOLDINGS TO BUY 49 VESSELS FOR $141 MILLION
Date: 15 October 1996
By Bloomberg News
Bloomberg News
Seacor Holdings Inc says it will buy Smit Internationale NV's fleet of 49 vessels used to supply offshore oil exploration operations for about $141 million in cash, stock and debt (S)
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COMMERCE BANCORP EXPANDS INTO NORTHERN NEW JERSEY
Date: 15 October 1996
By Bloomberg News
Bloomberg News
Commerce Bancorp says it reached preliminary agreement to acquire Independence Bancorp for $76 million, in move to expand into northern New Jersey (S)
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H & R BLOCK NAMES ACTING LEADER ITS NEW CHIEF
Date: 15 October 1996
By Bloomberg News
Bloomberg News
H & R Block Inc names Frank Salizzoni president and chief executive of corporation and chairman of its Compuserve Corporation unit (S)
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Japanese Stocks Lower
Date: 14 October 1996
By Bloomberg News
Bloomberg News
Japanese stocks traded lower here early today. At midday, the Nikkei index of 225 issues was down 56.40 points -- a ittle more than one-quarter of 1 percent -- at 20,911.76. On Friday, the Nikkei gained 97.33 points.
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Bay Networks' Chief Leaves as Profits Lag
Date: 15 October 1996
By Bloomberg News
Bloomberg News
Bay Networks Inc reports fiscal first-quarter earnings of $5.63 million, compared with $63.2 million in first quarter of last year; company's chief executive, Andrew Ludwick, resigns as promised (S)
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Mexican Stocks Fall Sharply After a Rise In Interest Rates
Date: 15 October 1996
By Bloomberg News
Bloomberg News
Bolsa index plunges 47.77, to 3,287.83, as Mexican shares drop for third session; decline follows Bank of Mexico decision to raise interest rates to defend the peso after the currency plunges to 10-month low; weaker peso makes Mexican stocks worth less and may force central bank to raise interest rates further to stifle possible rise in inflation in Tuesday's weekly auction of treasury bills (S)
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New Fighting in Northern Iraq Causes a Jump in Oil Prices
Date: 15 October 1996
By Bloomberg News
Bloomberg News
Crude oil prices surge on New York Mercantile Exchange as renewed fighting between Kurdish factions in northern Iraq spark concern that broader military conflict may threaten Persian Gulf exports; crude oil for Nov delivery gains 96 cents, to $25.62 a barrel; activity in other futures markets also discussed (M)
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