DAMAGED BY TRIAL, SENATE'S STANDING SINKS IN NEW POLL
Date: 03 February 1999
By Richard L. Berke With Janet Elder
Richard Berke
Latest New York Times/CBS News Poll finds most Americans now condemn Senate for its handling of Pres Clinton's impeachment trial as much as they did House of Representatives, and Republican fortunes have sagged so much that half of even conservative Republicans say party's prospects for 2000 elections have been damaged; public views entire matter more as Republican drive to undermine Pres Clinton than as honest investigation of possible crimes; majority says House impeachment was enough, Senate does not need witnesses and such Americans would be just as happy if matter was dropped without any final vote; one Republican respondent says Republicans have 'cooked their goose on this one,' that many members have been in Congress too long, and have been trying to 'hang the President from Day 1'; Pres Clinton now has 68 percent job-approval rating; table of findings (M)
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Cover Article On Daughter Irks Clintons
Date: 04 February 1999
By David Stout
David Stout
Pres Clinton and his wife, Hillary, say they are 'profoundly saddened' by People magazine's decision to run cover article on their daughter, Chelsea, titled 'Grace Under Fire'; Clintons say they have tried to shield daughter from media glare for last six years; Carol Wallace, managing editor of People, says Chelsea, who is nearly 19, is 'valid journalistic subject' because she is witness to 'family drama' and important historical events--clear reference to impeachment trial (M)
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PEROT SYSTEMS' SHARES SOAR ON THEIR FIRST DAY
Date: 03 February 1999
By Bloomberg News
Bloomberg News
Shares in Perot Systems Corp, computer services company founded by Texas billionaire H Ross Perot, more than double in stock's first day of trading, rising $27.50, to $43.50; chairman Perot owns about 38 percent of company, a stake worth about $1.38 bilion at close of trading (S)
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HILTON IN TALKS TO ACQUIRE SUMMERFIELD SUITES CHAIN
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Hilton Hotels Corp is in talks to buy Patriot American Hospitality Inc's Summerfield Suites chain and several other hotels for as much as $1 billion; Hilton is also discussing equity investment of as much as $350 million in Patriot (S)
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FEDERAL EXPRESS PILOTS EXPECTED TO APPROVE CONTRACT
Date: 03 February 1999
By Bloomberg News
Bloomberg News
FDX Corp's pilots are expected to approve first labor contract at Federal Express (S)
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QWEST WINS $1 BILLION CONTRACT WITH TREASURY
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Qwest Communications International Inc wins $1 billion contract to provide phone services to Treasury Department; Qwest will be subcontractor in larger agreement between Treasury and TRW Inc; Qwest reports fourth-quarter profit of $10.4 million, reversing loss in period a year earlier (S)
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$1.8 BILLION BID FOR CELLULAR COMMUNICATIONS ACCEPTED
Date: 03 February 1999
By Bloomberg News
Bloomberg News
Olivetti SpA and Mannesmann AG will increase their share of profit in Omnitel-Pronto Italia SpA after winning control of 10.3 percent stake for $1.8 billion; Olivetti and Mannesmann say investors accepted their bid for Cellular Communications International Inc, whose sole asset is Omnitel stake (S)
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IRVINE APARTMENT ACCEPTS HIGHER OFFER FROM DEVELOPER
Date: 03 February 1999
By Bloomberg News
Bloomberg News
Irvine Apartment Communities Inc accepts higher buyout bid from Irvine Co, company run by its chairman, billionaire Donald Bren, after some investors and analysts say Bren's initial offer was too low; Irvine reaches agreement to sell 83 percent of company not owned by Bren for $569 million; new price is 4.6 percent higher than Bren's initial offer (S)
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SEAGRAM WEIGHS SALE OF FILM COMPANY TO A SAUDI PRINCE
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Seagram Co is in talks to sell remaining assets of Polygram Filmed Entertainment to Saudi Arabian Prince Muhammad bin Bandur Abdul Aziz for as much as $600 million in cash and assumed debt (S)
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EXPECTED CISCO SYSTEMS STOCK SPLIT FAILS TO APPEAR
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Shares of Cisco Systems Inc fall 1.1 percent after company says fiscal second-quarter earnings topped forecasts by a penny and company fails to introduce stock split, as some investors expected (S)
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