News Corp. Cutting Costs
Date: 18 February 1999
By Bloomberg News
Bloomberg News
News Corp ordered 3 percent cut in operating costs in January to tighten its budget and increase profits; no job reductions are expected (S)
18. února 1999 bylo čtvrtek pod hvězdičkou ♒. Byl 48 den v roce. Prezidentem Spojených států byl William J. (Bill) Clinton.
Pokud jste se narodili v tento den, je vám 27 let. Vaše poslední narozeniny byly středa 18. února 2026 před 112 dny. Vaše další narozeniny jsou čtvrtek 18. února 2027, za 252 dní. Žili jste 9 974 dní nebo přibližně 239 392 hodin nebo přibližně 14 363 545 minut nebo přibližně 861 812 700 sekund.
Date: 18 February 1999
By Bloomberg News
Bloomberg News
News Corp ordered 3 percent cut in operating costs in January to tighten its budget and increase profits; no job reductions are expected (S)
Date: 19 February 1999
By Leslie Wayne
Leslie Wayne
General Dynamics Corp, nation's largest military shipbuilder, stuns defense industry by making unsolicited $1.4 billion bid for rival Newport News Shipbuilding Inc, in face of changing Government policy that has discouraged such consolidations; deal is surprising for two reasons: Government, in reversal of policy, has been halting military industry mergers, and this deal would create only one supplier of nuclear-powered submarines and put four of nation's six defense shipyards in hands of one company; merger throws in question Newport News's $470 million friendly takeover of Avondale Industries, nation's number 4 military shipbuilder; that merger was announced last month and has not yet closed; neither Defense Department nor Justice Department comment on offer (M)
Date: 18 February 1999
By Alessandra Stanley
Alessandra Stanley
Vatican closes its investigation into killing of commander of Swiss Guards by one of his junior officers, but scandal is not laid to rest; grieving relatives of Lieut Col Alois Estermann and his wife, Gladys Meza Romero, who was killed at his side, issue letter imploring Italian media to stop printing rumors about the couple's marriage and speculating on love triangle including Corporal Cedric Tornay, who killed himself after committing murders (M)
Date: 19 February 1999
By Bloomberg News
Bloomberg News
Gold Fields Mineral Services Ltd will gain control of some of South Africa's best gold mines by merging with Driefontein Consolidated, and buying stake held by Anglogold Ltd (S)
Date: 19 February 1999
By Bloomberg News
Bloomberg News
Providian Financial Corp, nation's biggest issuer of credit cards backed by deposits, acquires Getsmart.com, which operates Internet site where consumers can apply for loans, for $33 million in cash (S)
Date: 19 February 1999
By Bloomberg News
Bloomberg News
Duke Energy Corp offers more than $2.1 billion for 51 percent stake in Chilean electric utility Empresa Nacional de Electricidad SA (S)
Date: 18 February 1999
By Bloomberg News
Bloomberg News
American Express Co says in Securities and Exchange Commission filing that it has acquired 14 percent stake, or 1.3 million class B common shares, of Ticketmaster Online-Citysearch Inc; Ticketmaster's class B stock is 83.9 percent owned by USA Networks (S)
Date: 19 February 1999
By Bloomberg News
Bloomberg News
Charter Communications Corp, cable-television company owned by Microsoft co-founder Paul G Allen, will buy cable system in Massachusetts from closely held Greater Media Inc, its fourth acquisition this year; financial terms undisclosed; acquisition value is estimated to be $605 million (S)
Date: 18 February 1999
By Bloomberg News
Bloomberg News
Aptargroup Inc acquires Emson Research Inc for $150 million in cash, debt and stock (S)
Date: 19 February 1999
By Bloomberg News
Bloomberg News
Jackport Enterprises Inc acquires CRC Holdings Inc for about $56 million in stock and debt (S)