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yesterday carnival said a new company has been formed in finland that will carry on waertsilae 's shipbuilding operations |
carnival said it will be an N N shareholder in the new company |
carnival said the fantasy a <unk> ship that was slated to be delivered this month will be delivered in january |
a second ship is now expected to be delivered late next year or early in N |
carnival had expected that ship to be delivered next fall |
a planned third ship still may be built in the finnish shipyard or may be built elsewhere carnival said |
valley federal savings & loan association took an $ N million charge as it reported a third-quarter loss of $ N million or $ N a share |
the van <unk> calif. thrift had net income of $ N or three cents a share a year ago |
the bulk of the pretax charge is a $ N million write-off of capitalized <unk> at the mobile home financing subsidiary which the company said had been a big drain on earnings |
the company said the one-time provision would substantially eliminate all future losses at the unit |
valley federal also added $ N million to <unk> loan reserves and eliminated $ N million of good will |
the thrift said that after these charges and assuming no dramatic <unk> in interest rates the association expects to achieve near record earnings in N |
valley federal is currently being examined by regulators |
new loans continue to slow they were $ N million in the quarter compared with $ N million a year ago |
the thrift has assets of $ N billion |
first of america bank corp. said it completed its acquisition of midwest financial group inc. for about $ N million |
first of america which now has N banks and $ N billion in assets announced an agreement to acquire the <unk> ill. bank holding company in january |
midwest financial has $ N billion in assets and eight banks |
the midwest financial subsidiary banks will continue to operate under their current names until early N when each will adopt the first of america name |
<unk> <unk> first of america said it will eliminate the N management positions of the former midwest financial parent company |
first of america said some of the managers will take other jobs with first of america |
but it said that severance payments to those executives not staying with the company will reduce first of america 's operating results for N by $ N million to $ N million or N cents to N cents a share |
<unk> industries inc. a once <unk> toy maker whose stock peaked at $ N a share in the early 1980s filed a chapter N reorganization plan that provides just N cents a share for common stockholders |
under the plan unsecured creditors who are owed about $ N million would receive about $ N million or N cents for each dollar they are owed |
in addition they will receive stock in the <unk> company which will be named <unk> industries inc |
after these payments about $ N will be available for the N million common shares outstanding |
the avon conn. company 's stock hit a high in N after it unveiled its <unk> home computer but the product was plagued with <unk> and the company 's fortunes plunged |
but <unk> bounced back with the introduction of the <unk> patch <unk> whose sales hit $ N million in N |
but as the craze died <unk> failed to come up with another winner and filed for bankruptcy-law protection in july N |
the plan was filed jointly with unsecured creditors in federal bankruptcy court in new york and must be approved by the court |
ortega ended a truce with the contras and said elections were threatened |
the nicaraguan president citing attacks by the <unk> rebels suspended a <unk> cease-fire and accused bush of promoting death |
while he <unk> support for the country 's feb. N elections ortega indicated that renewed u.s. military aid to the contras could thwart the balloting |
he said u.s. assistance should be used to <unk> the rebels |
a white house spokesman <unk> the truce suspension as <unk> but brushed off talk of renewing military funding for the <unk> |
the contra military command in a statement from honduras said sandinista troops had launched a major offensive against the rebel forces |
east german leader krenz called the protests in his country a good sign saying that many of those <unk> for democratic freedoms were showing support for the <unk> for socialism |
the communist party chief in moscow for talks with soviet officials also said east germany would follow gorbachev 's restructuring plans |
thousands of east germans fled to czechoslovakia after the east berlin government lifted travel restrictions |
the ban on cross-border movement was imposed last month after a massive exodus of <unk> to west germany |
also a communist official for the first time said the future of the berlin wall could be open to discussion |
health officials plan to extend a <unk> on federal funding of research involving fetal-tissue transplants |
the assistant hhs secretary said the ban should be continued indefinitely |
while researchers believe such transplants could help treat diseases like <unk> 's anti-abortionists oppose the research |
rep. dingell of michigan plans to unveil today a proposal that would break with bush 's clean-air bill on the issue of emissions that lead to acid rain |
the democrat 's proposal is described by government sources and lobbyists as significantly weaker than the president 's plan to cut utility emissions |
house-senate conferees approved major portions of a package for more than $ N million in economic aid for poland |
the plan relies heavily on $ N million in credit and loan guarantees in fiscal N in hopes of <unk> future trade and investment |
south africa accused armed <unk> <unk> guerrillas of crossing from bases in neighboring <unk> violating <unk> peace plans for the territory 's independence from pretoria |
south african troops were placed on alert |
guerrilla leaders said pretoria was attempting to sabotage next week 's elections in namibia |
<unk> in lebanon <unk> a saudi <unk> embassy employee and the <unk> <unk> <unk> took responsibility for the <unk> to <unk> the <unk> of N <unk> by <unk> 's government in september |
also in <unk> a <unk> group vowed to kill americans if the u.s. <unk> a policy to seize suspects abroad |
nixon concluded five days of private talks with chinese leaders in beijing but apparently failed to ease <unk> in <unk> ties caused by china 's crackdown against pro-democracy protesters in june |
beijing 's <unk> complained to the former president about u.s. <unk> in china 's domestic affairs |
mexico 's president salinas said the country 's recession had ended and the economy was growing again |
in his first state of the nation address salinas pledged to continue his program of modernization and warned opposition politicians that <unk> progress could cost them popular support |
pakistan 's <unk> defeated the first <unk> motion in the nation 's <unk> history surviving the vote that could have brought down her <unk> government |
the prime minister 's opponents claimed the balloting N votes short of a majority in <unk> 's <unk> assembly was <unk> |
the white house said the <unk> meetings next month between bush and soviet leader gorbachev will take place in the waters off <unk> |
the location was disclosed as the u.s. began planning the issues to be discussed at the dec. N <unk> |
bush unveiled a package of trade initiatives to help establish economic alternatives to drug trafficking in the <unk> nations of south america |
the president 's plan includes a commitment to help negotiate a new international coffee agreement |
pan am has <unk> several government agencies including the cia and fbi to determine whether they were warned that a bomb had been planted aboard a jet that exploded over scotland last december killing N people |
the airline is attempting to show that israel and west germany warned the u.s. about the impending attack |
died james a. <unk> N retired chairman and president of mutual life insurance co. of new york tuesday in new york city of an <unk> <unk> condition |
sony corp. completed its tender offer for columbia pictures entertainment inc. with columbia shareholders <unk> N N of all common shares outstanding by the tuesday deadline |
sony columbia acquisition corp. formed for the columbia deal will formally take ownership of the movie studio later this month a spokesman said |
sony is paying $ N a share or $ N billion cash and is assuming $ N billion of long-term debt |
still <unk> is sony 's effort to hire producers jon peters and peter guber to run the studio |
sony 's planned acquisition of <unk> entertainment co. for $ N million is scheduled to close monday |
<unk> has been locked in litigation with warner communications inc. in an attempt to get out of an exclusive production contract with warner |
both sides are in talks to settle the dispute |
xerox corp. has told employees in its <unk> & <unk> personal insurance operations that it is laying off about N people or N N of the staff |
a spokeswoman for <unk> & <unk> said employees were told early this week that numerous staff functions for the personal insurance lines were going to be <unk> as a cost-cutting move |
she said the move would result in a after-tax charge of less than $ N million to be spread over the next three quarters |
by comparison for the first nine months xerox earned $ N million or $ N a share on revenue of $ N billion |
earnings at xerox 's financial-services operations actually rose slightly but that was largely because capital gains at <unk> & <unk> offset hurricane hugo payments and the reserves set up to cover future payments |
property\/casualty insurance has been a tough business in recent quarters as pricing has been <unk> and natural disasters such as hurricane hugo and the california earthquake have resulted in huge payments |
<unk> ltd. a large integrated maker of construction machinery posted a N N unconsolidated gain in first-half pretax profit |
for the period ended <unk> it earned N billion yen us$ N million up from N billion yen the year before |
sales rose N N to N billion yen from N billion yen |
net income surged N N to N billion yen from N billion yen |
per-share net rose to N yen from N yen |
brisk domestic demand due to increasing capital investment pushed up sales sharply in construction and industrial machinery divisions |
domestic sales of construction machinery such as power <unk> and <unk> rose to N billion yen from N billion yen |
demand from europe and southeast asia also grew but due to increasing production at local plants overseas sales edged down N N |
<unk> predicted that for the fiscal year ending march N sales will climb to N billion yen from N billion yen pretax profit was forecast at N billion yen up from N billion yen in fiscal N |
net is expected to rise to N billion yen from N billion yen a year earlier |
economic growth appears to be <unk> off latest reports suggest |
factory orders and construction outlays were largely flat in september while purchasing agents said manufacturing shrank further in october |
still many economists are n't predicting a recession anytime soon |
the fed is coming under pressure to cut short-term interest rates due to the apparent slowing of the economy |
but it is n't clear yet whether the central bank will make such a move |
campbell soup forced out its president and chief executive r. gordon mcgovern the strongest indication yet that the dorrance family plans to take charge of <unk> the troubled food company |
campbell 's stock rose $ N to $ N in reaction |
the chicago merc plans an additional circuit breaker to stem sharp drops in the market |
also big board chairman phelan said he would support sec halts of program trading during market crises but not any revival of a collar on trading |
georgia gulf received a new takeover bid from investor harold simmons and nl industries of $ N a share or about $ N billion |
the offer which follows a $ <unk> bid that was rejected in september steps up pressure on the chemicals concern |
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