Visits to News Sites Decline, For Understandable Reasons
Date: 26 November 1998
By Matt Richtel
Matt Richtel
Media Metrix says decline in popularity of on-line sites of major news organizations in October seems large because it follows sharp rise in September, which had been fueled by publication of Starr report (S)
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XTRA CALLS OFF SALE TO INTERPOOL AND APOLLO
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Xtra Corp says its sale to Interpool Inc and Apollo Management LP has been terminated and it is renegotiating transaction (S)
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LUCENT TO BUY 80% OF WAVE ACCESS FOR $50 MILLION
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Lucent Technologies Inc agrees to buy remaining 80 percent of Wave Access Ltd for $50 million in cash (S)1
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FORD CREDIT PLANS TO BUY THE PRIVATELY HELD AMI LEASING
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Ford Credit Co, financing arm of Ford Motor Co, agrees to buy AMI Leasing Group; terms undisclosed (S)
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Buyback Plan Resumed
Date: 26 November 1998
By Bloomberg News
Bloomberg News
UST Inc will purchase as many as 20 million of its shares, resuming buyback program suspended in June 1997; repurchase plan is worth about $620 million (S)
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Blockbuster in Hong Kong
Date: 27 November 1998
By Bloomberg News
Bloomberg News
Blockbuster Entertainment Corp enters Hong Kong's video-rental market, agreeing to take control of territory's largest rental chain, KPS Retail Stores Ltd, which is bankrupt (S)
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Investor Cancels Pact For Bouygues Stake
Date: 26 November 1998
By Bloomberg News
Bloomberg News
French executive Vincent Bollore cancels year-old pact to buy shares in Bouygues SA; Bollore's exit is seen as removing obstacle for other investors interested in buying into company (S)
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Nippon Life Cuts Japan Holdings
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Japan's Nippon Life Insurance Co reduces its holdings of domestic securities in favor of higher returns abroad; company says it wants to cut its stock holdings and that interest rates are too low to increase domestic bond investment (S)
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Mortgage Buyers Lift Size Limits
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Federal Home Loan Mortgage Corp and Federal National Mortgage Assn say they will increase limit on size of single-family mortgages they will buy in 1999 by 5.66 percent, to $240,000 from $227,150; increase is in line with change in average price of home for year ended in October, which was $175,200; companies will also increase limit on two-family properties to $307,100 from $290,650 (S)6
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Denmark's Central Bank Cuts Rates Again
Date: 27 November 1998
By Bloomberg News
Bloomberg News
Danish central bank cuts interest rates again because three reductions in last seven weeks failed to weaken nation's currency (S)
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