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CNN19980227.2130.0067_2 | Documents Creation Time: <t92>19980227</t92> This time a <ei2005>bomb</ei2005> at an abortion clinic. More people are <ei2006>hurt</ei2006>. And just <t97>last month</t97>, an off duty policeman is <ei2007>killed</ei2007> when a bomb <ei2008>explodes</ei2008> at another abortion clinic. Location, Birmingham, Alabama. This man, Eric Rudolph has already been <ei2009>charged</ei2009> in the Birmingham <ei2010>bombing</ei2010>. | [
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CNN19980227.2130.0067_3 | Documents Creation Time: <t92>19980227</t92> This man, Eric Rudolph has already been <ei2009>charged</ei2009> in the Birmingham <ei2010>bombing</ei2010>. <t178>Now</t178> officials are <ei2011>investigating</ei2011> whether, Rudolph, who remains at large, is <ei2012>linked</ei2012> to all three <ei2013>attacks</ei2013>. The reason, authorities have <ei2014>discovered</ei2014> tantalizing new evidence. Steel plates <ei2015>recovered</ei2015> at the Olympic park bombing <ei2016>appear</ei2016> to <ei2017>match</ei2017> those <ei2018>found</ei2018> at the abortion clinic <ei2019>bombing</ei2019> in Atlanta. Those plates may have <ei2020>come</ei2020> from a machine shop in north Carolina, where a friend of Rudolph <ei2021>worked</ei2021>. | [
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CNN19980227.2130.0067_4 | Documents Creation Time: <t92>19980227</t92> Those plates may have <ei2020>come</ei2020> from a machine shop in north Carolina, where a friend of Rudolph <ei2021>worked</ei2021>. And nails <ei2022>found</ei2022> in the Atlanta abortion clinic <ei2023>bombing</ei2023> are identical to those <ei2024>discovered</ei2024> at Rudolph's storage shed in north Carolina. A senior law enforcement source <ei2025>tells</ei2025> CNN, there is a lot of circumstantial <ei2026>evidence</ei2026> and it would be <ei2027>extraordinary</ei2027> to <ei2028>have</ei2028> all these bits and pieces and there not be a <ei2029>connection</ei2029>. And law enforcement sources <ei2030>say</ei2030> they ca n't <ei2031>ignore</ei2031> letters penned under the name army of god. Army of god is a secret organization that hates abortion providers, homosexuals and the US government. | [
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CNN19980227.2130.0067_5 | Documents Creation Time: <t92>19980227</t92> Army of god is a secret organization that hates abortion providers, homosexuals and the US government. Army of god letters <ei2032>claim</ei2032> <ei2033>responsibility</ei2033> for the Atlanta abortion clinic <ei2034>bombing</ei2034>, a <t107>nineteen ninety-seven</t107> <ei2035>attack</ei2035> on a gay lounge and the Birmingham <ei2036>assault</ei2036>. An intense <ei2037>manhunt</ei2037> conducted by the FBI and the bureau of alcohol, tobacco and firearms <ei2038>continues</ei2038> for Rudolph in the wilderness of western north Carolina. And <t108>this week</t108>, FBI director Louie Freeh <ei2039>assigned</ei2039> more agents to the <ei2040>search</ei2040>. Freeh also <ei2041>ordered</ei2041> the <ei2042>investigation</ei2042> consolidate information under the Atlanta task force, another indication officials <ei2043>suspect</ei2043> a <ei2044>link</ei2044> between all the <ei2045>bombings</ei2045>. | [
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CNN19980227.2130.0067_6 | Documents Creation Time: <t92>19980227</t92> Freeh also <ei2041>ordered</ei2041> the <ei2042>investigation</ei2042> consolidate information under the Atlanta task force, another indication officials <ei2043>suspect</ei2043> a <ei2044>link</ei2044> between all the <ei2045>bombings</ei2045>. Privately, authorities <ei2046>say</ei2046> Rudolph has <ei2047>become</ei2047> a focus of their <ei2048>investigation</ei2048>. Publicly, they are <ei2049>unwilling</ei2049> to <ei2050>make</ei2050> any sweeping <ei2051>assertion</ei2051>. The reason, they <ei2052>remember</ei2052> Richard Jewell. pierre thomas, CNN, Washington. | [
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CNN19980126.1600.1104_0 | Documents Creation Time: <t31>19980126</t31> Major job <ei254>cuts</ei254> at AT and T. The long distance giant <ei255>slashing</ei255> up to eighteen thousand jobs, <ei256>freezing</ei256> executive salaries and <ei257>shaking</ei257> up management. The <ei258>changes</ei258> are part of a one point six billion dollar cost <ei259>cutting</ei259> <ei260>initiative</ei260> to <ei261>revitalize</ei261> its position in the telecommunications business. Earlier AT and T also <ei262>announced</ei262> an eighteen percent <ei263>drop</ei263> in <ei264>profits</ei264> for <t32>the fourth quarter</t32>. The company's sales force <ei265>applauded</ei265> the <ei287>shake</ei287> up. It's not something we're not <ei288>used</ei288> to in the industry. | [
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CNN19980126.1600.1104_1 | Documents Creation Time: <t31>19980126</t31> It's not something we're not <ei288>used</ei288> to in the industry. But I <ei268>think</ei268> right <t34>now</t34>, for AT and T and the people here, it's fairly <ei269>intense</ei269> as you might w- well imagine. I mean look at the stock. You know, since he's been <ei273>here</ei273> the stock <ei274>skyrocketed</ei274> so, Yeah I <ei275>think</ei275> he's <ei276>doing</ei276> the right thing. I <ei277>think</ei277> it's a good thing that they 're finally going to be <ei279>downsizing</ei279> you know some management because there is a whole lot of <ei280>waste</ei280>. | [
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CNN19980126.1600.1104_2 | Documents Creation Time: <t31>19980126</t31> I <ei277>think</ei277> it's a good thing that they 're finally going to be <ei279>downsizing</ei279> you know some management because there is a whole lot of <ei280>waste</ei280>. Good <ei281>news</ei281> for AT and T <t33>today</t33>. I <ei282>think</ei282> it's <ei283>excellent</ei283> for the company. But investors are <ei284>approaching</ei284> the <ei285>changes</ei285> with caution shares of AT and T <ei286>down</ei286> nearly four at sixty-one and a half. | [
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WSJ910225-0066_0 | Documents Creation Time: <t432>02/25/91</t432> With the ground <ei1176>battle</ei1176> to <ei1177>liberate</ei1177> Kuwait <ei1178>proceeding</ei1178> with surprising speed and success, Bush administration officials are optimistic the Persian Gulf <ei1179>war</ei1179> can <ei1180>begin</ei1180> <ei1181>winding</ei1181> down in a matter of days. The enormous ground <ei1182>offensive</ei1182> by U.S. Marines and Army troops, at least during its first 24 hours, <ei1183>met</ei1183> only sporadic Iraqi <ei1184>resistance</ei1184> as it quickly <ei1185>penetrated</ei1185> deep into Kuwait and parts of Iraq, military officials <ei1186>said</ei1186>. According to press pool <ei1187>reports</ei1187>, U.S. Marines are already <ei1525>on</ei1525> the outskirts of Kuwait City. "So far, the <ei1189>offensive</ei1189> is <ei1190>progressing</ei1190> with dramatic success," <ei1191>said</ei1191> a buoyant Gen. Norman Schwarzkopf, commander of U.S. forces. Similarly, while <ei1192>cautioning</ei1192> about the <ei1522>uncertainty</ei1522> of early <ei1193>battle</ei1193> <ei1194>reports</ei1194>, White House spokesman Marlin Fitzwater <ei1195>said</ei1195> <t451>late yesterday</t451> that "the <ei1196>operation</ei1196> has been very successful." | [
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WSJ910225-0066_1 | Documents Creation Time: <t432>02/25/91</t432> Similarly, while <ei1192>cautioning</ei1192> about the <ei1522>uncertainty</ei1522> of early <ei1193>battle</ei1193> <ei1194>reports</ei1194>, White House spokesman Marlin Fitzwater <ei1195>said</ei1195> <t451>late yesterday</t451> that "the <ei1196>operation</ei1196> has been very successful." Amid <ei1197>reports</ei1197> that thousands of Iraqi soldiers had <ei1198>surrendered</ei1198>, administration aides were also upbeat in private, with one even <ei1199>talking</ei1199> of <ei1200>victory</ei1200> within a week. But even <ei1201>continued</ei1201> military success <ei1202>carries</ei1202> political and diplomatic <ei1203>risks</ei1203> for President Bush and the U.S. The allied <ei1204>rejection</ei1204> of the last-minute Soviet-led diplomatic <ei1205>effort</ei1205> to <ei1206>avoid</ei1206> the ground <ei1207>war</ei1207> <ei1208>enabled</ei1208> Mr. Bush to <ei1209>seize</ei1209> the initiative from an Iraq seemingly bent on <ei1210>dictating</ei1210> peace terms. But it has <ei1211>offended</ei1211> some, especially in Arab countries, who now <ei1212>believe</ei1212> that Mr. Bush's real <ei1213>objectives</ei1213> are the <ei1214>demise</ei1214> of Saddam Hussein and the <ei1215>destruction</ei1215> of the Iraqi military, not just the <ei1216>liberation</ei1216> of Kuwait. | [
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WSJ910225-0066_2 | Documents Creation Time: <t432>02/25/91</t432> But it has <ei1211>offended</ei1211> some, especially in Arab countries, who now <ei1212>believe</ei1212> that Mr. Bush's real <ei1213>objectives</ei1213> are the <ei1214>demise</ei1214> of Saddam Hussein and the <ei1215>destruction</ei1215> of the Iraqi military, not just the <ei1216>liberation</ei1216> of Kuwait. "Why have a <ei1217>war</ei1217>?" <ei1218>asked</ei1218> Abdul Latif Shekar, a customs officer in Egypt, a country <ei1219>participating</ei1219> in the <ei1220>attack</ei1220> on Iraqi troops. "I <ei1221>think</ei1221> the Gorbachev plan was a <ei1526>good</ei1526> one. Iraq was ready to <ei1222>withdraw</ei1222>." | [
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WSJ910225-0066_3 | Documents Creation Time: <t432>02/25/91</t432> Iraq was ready to <ei1222>withdraw</ei1222>." Now, he <ei1223>says</ei1223>, "it <ei1224>looks</ei1224> like the West just <ei1225>wants</ei1225> to <ei1226>destroy</ei1226> Iraq." Despite the early <ei1227>indications</ei1227> of success, the allied forces could still <ei1228>suffer</ei1228> greater <ei1229>casualties</ei1229> and <ei1230>become</ei1230> <ei1231>bogged</ei1231> down militarily , especially when they <ei1232>encounter</ei1232> the tough Republican Guard, which is <ei1233>entrenched</ei1233> along the Iraq-Kuwait border. If so, and if it <ei1234>appears</ei1234> that the American <ei1235>goal</ei1235> actually is to <ei1236>destroy</ei1236> the Iraqi <ei1237>regime</ei1237> even at the cost of badly <ei1238>hurting</ei1238> Iraqi society, "the lingering cost of that could be high," <ei1239>worries</ei1239> former national security adviser Zbigniew Brzezinski. But, he <ei1240>notes</ei1240>, "If everything <ei1241>crumbles</ei1241> totally, that won't be such a problem." | [
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WSJ910225-0066_4 | Documents Creation Time: <t432>02/25/91</t432> But, he <ei1240>notes</ei1240>, "If everything <ei1241>crumbles</ei1241> totally, that won't be such a problem." American officials staunchly <ei1242>disavow</ei1242> any interest in <ei1243>driving</ei1243> through Iraq toward Baghdad, either in <ei1244>pursuit</ei1244> of Saddam Hussein himself or to <ei1245>set</ei1245> up some American-controlled government inside Iraq. The Americans <ei1246>say</ei1246> their battle plans <ei1247>call</ei1247> for <ei1248>operating</ei1248> against forces inside Iraq as far north as the city of Basra, about 30 miles north of Kuwait, but <ei1249>say</ei1249> there is n't any <ei1250>plan</ei1250> to <ei1251>drive</ei1251> beyond that. Indeed, French President Francois Mitterrand <ei1252>said</ei1252> <t463>yesterday</t463> that some allied forces are <ei1253>crossing</ei1253> Iraqi territory as part of a "pincer" <ei1254>movement</ei1254> to <ei1255>trap</ei1255> the soldiers <ei1256>occupying</ei1256> Kuwait, but <ei1257>insisted</ei1257>, "The <ei1258>purpose</ei1258> isn't to <ei1259>invade</ei1259> Iraqi territory, that's not the <ei1260>aim</ei1260>, that isn't the <ei1261>mandate</ei1261>." Nevertheless, American officials over <t472>the weekend</t472> <ei1262>became</ei1262> more <ei1263>open</ei1263> in <ei1264>declaring</ei1264> that by <ei1265>destroying</ei1265> Saddam Hussein's military machine they <ei1266>hope</ei1266> to <ei1267>destroy</ei1267> his <ei1268>regime</ei1268> -- a <ei1269>goal</ei1269> likely to be <ei1270>supported</ei1270> by most Americans. | [
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WSJ910225-0066_5 | Documents Creation Time: <t432>02/25/91</t432> Nevertheless, American officials over <t472>the weekend</t472> <ei1262>became</ei1262> more <ei1263>open</ei1263> in <ei1264>declaring</ei1264> that by <ei1265>destroying</ei1265> Saddam Hussein's military machine they <ei1266>hope</ei1266> to <ei1267>destroy</ei1267> his <ei1268>regime</ei1268> -- a <ei1269>goal</ei1269> likely to be <ei1270>supported</ei1270> by most Americans. In a pre-attack <ei1271>message</ei1271>, Lt. Gen. Walter Boomer, the top Marine in the Persian Gulf, <ei1272>told</ei1272> U.S. Marines that their <ei1273>goal</ei1273> is to " <ei1274>restore</ei1274> {Kuwait} to its citizens." He <ei1275>went</ei1275> on to <ei1276>add</ei1276> that "in so <ei1277>doing</ei1277> you not only <ei1278>return</ei1278> a nation to its people, but you will <ei1279>destroy</ei1279> the war machine of a ruthless dictator." Secretary of State James Baker <ei1280>said</ei1280> on ABC-TV's "This Week With David Brinkley" that the series of United Nations <ei1281>resolutions</ei1281> <ei1282>condemning</ei1282> Iraq's <ei1283>invasion</ei1283> of Kuwait "<ei1284>imply</ei1284> that the <ei1285>restoration</ei1285> of <ei1286>peace</ei1286> and <ei1287>stability</ei1287> in the Gulf would be a heck of a lot <ei1523>easier</ei1523> if he and that <ei1288>leadership</ei1288> were not in power in Iraq." Of course, it is still far too <ei1527>early</ei1527> to <ei1290>assume</ei1290> that the military <ei1291>situation</ei1291> on the ground will <ei1292>stay</ei1292> as smooth for allied forces as it <ei1293>appears</ei1293> to have been so far. | [
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WSJ910225-0066_6 | Documents Creation Time: <t432>02/25/91</t432> Of course, it is still far too <ei1527>early</ei1527> to <ei1290>assume</ei1290> that the military <ei1291>situation</ei1291> on the ground will <ei1292>stay</ei1292> as smooth for allied forces as it <ei1293>appears</ei1293> to have been so far. Iraq still <ei1295>has</ei1295> the potential to <ei1296>cause</ei1296> significant <ei1297>problems</ei1297> by <ei1298>using</ei1298> forces and weapons that don't yet <ei1299>seem</ei1299> fully <ei1300>engaged</ei1300>. For one thing, Iraq still apparently has n't <ei1301>unleashed</ei1301> its stockpile of chemical weapons. Gen. Schwarzkopf <ei1302>said</ei1302> that some early <ei1303>reports</ei1303> that chemical weapons were <ei1304>used</ei1304> against allied troops <ei1305>turned</ei1305> out to be "bogus." Iraq is <ei1306>believed</ei1306> to <ei1307>have</ei1307> the ability to <ei1308>deliver</ei1308> chemical weapons in artillery shells or, perhaps, atop Soviet-made Frog7 missiles. | [
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WSJ910225-0066_7 | Documents Creation Time: <t432>02/25/91</t432> Iraq is <ei1306>believed</ei1306> to <ei1307>have</ei1307> the ability to <ei1308>deliver</ei1308> chemical weapons in artillery shells or, perhaps, atop Soviet-made Frog7 missiles. Perhaps more important, it <ei1309>appears</ei1309> that allied troops have n't yet fully <ei1310>engaged</ei1310> Iraq's vaunted Republican Guard, which has been <ei1311>sitting</ei1311> just north of the Iraq-Kuwait border and is <ei1312>considered</ei1312> the most potent element in the Iraqi <ei1313>defense</ei1313>. It <ei1314>remains</ei1314> to be <ei1315>seen</ei1315> how much <ei1316>damage</ei1316> the allied air <ei1317>campaign</ei1317> was <ei1318>able</ei1318> to <ei1319>inflict</ei1319> on the Guard, and whether President Hussein will <ei1320>commit</ei1320> his most valued troops to a fight-to-the-death <ei1321>finish</ei1321>. Certainly Saddam Hussein <ei1322>continues</ei1322> to <ei1323>implore</ei1323> his country to <ei1324>fight</ei1324> on. "<ei1325>Fight</ei1325> them," he <ei1326>urged</ei1326> Iraqis in a radio <ei1327>address</ei1327>. | [
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WSJ910225-0066_8 | Documents Creation Time: <t432>02/25/91</t432> "<ei1325>Fight</ei1325> them," he <ei1326>urged</ei1326> Iraqis in a radio <ei1327>address</ei1327>. "All Iraqis, <ei1328>fight</ei1328> them with all the power you <ei1329>have</ei1329>, and all <ei1330>struggle</ei1330> for everything." American war planners have long <ei1331>assumed</ei1331> that the early stage of the ground <ei1332>attack</ei1332>, in which American forces would <ei1333>use</ei1333> their speed to <ei1334>sweep</ei1334> around Iraqi defenses and their strength to <ei1335>punch</ei1335> through the relatively weak Iraqi front line, would be the <ei1528>easiest</ei1528> part. Despite these early successes, the mere fact that a ground <ei1336>campaign</ei1336> has <ei1337>begun</ei1337> almost <ei1338>guarantees</ei1338> that the Bush administration will <ei1339>face</ei1339> fresh <ei1340>problems</ei1340> <ei1341>growing</ei1341> out of the military <ei1342>situation</ei1342>. There are likely to be additional American prisoners of war taken, and there are <ei1343>signs</ei1343> that President Hussein is <ei1344>taking</ei1344> Kuwaiti hostages. | [
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WSJ910225-0066_9 | Documents Creation Time: <t432>02/25/91</t432> There are likely to be additional American prisoners of war taken, and there are <ei1343>signs</ei1343> that President Hussein is <ei1344>taking</ei1344> Kuwaiti hostages. U.S. and Kuwaiti officials <ei1345>say</ei1345> there are <ei1346>reports</ei1346> that large numbers of civilians from Kuwait City are being <ei1347>rounded</ei1347> up and <ei1348>held</ei1348> by Iraqi troops, apparently either for <ei1349>use</ei1349> as human shields or for <ei1350>use</ei1350> later in <ei1351>bargaining</ei1351> once the <ei1352>war</ei1352> is over. President Bush's political <ei1353>argument</ei1353> for <ei1354>going</ei1354> to a ground <ei1355>war</ei1355> has been <ei1356>strengthened</ei1356> by the growing stream of <ei1357>reports</ei1357> of wanton Iraqi <ei1358>destruction</ei1358> inside Kuwait. U.S. officials <ei1359>say</ei1359> that hundreds of Kuwaiti oil wells now may have been <ei1360>set</ei1360> <ei1361>afire</ei1361>. And Robert Gates, Mr. Bush's deputy national security adviser, <ei1362>asserted</ei1362> in an <ei1363>interview</ei1363> on the Cable News Network that Iraqi troops have <ei1364>set</ei1364> <ei1365>fire</ei1365> to "large sections" of Kuwait City. | [
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WSJ910225-0066_10 | Documents Creation Time: <t432>02/25/91</t432> And Robert Gates, Mr. Bush's deputy national security adviser, <ei1362>asserted</ei1362> in an <ei1363>interview</ei1363> on the Cable News Network that Iraqi troops have <ei1364>set</ei1364> <ei1365>fire</ei1365> to "large sections" of Kuwait City. Mr. Bush and his aides were <ei1366>leaning</ei1366> toward a military <ei1367>conclusion</ei1367> of the <ei1368>crisis</ei1368> even before the latest <ei1369>reports</ei1369> of Iraqi <ei1370>atrocities</ei1370> in Kuwait <ei1371>came</ei1371> to light. The president and his top aides tentatively <ei1372>decided</ei1372> on <t494>Feb. 11</t494> that a ground <ei1373>war</ei1373> would be <ei1529>necessary</ei1529>. The <ei1375>decision</ei1375> was <ei1376>made</ei1376> after Defense Secretary Dick Cheney and Gen. Colin Powell, chairman of the Joint Chiefs of Staff, <ei1377>returned</ei1377> from a <ei1378>visit</ei1378> with military commanders in Saudi Arabia, administration officials <ei1379>say</ei1379>. Then, <t496>a week or so ago</t496>, Gen. Schwarzkopf secretly <ei1380>picked</ei1380> <t498>Saturday night</t498> as the optimal time to <ei1381>start</ei1381> the <ei1382>offensive</ei1382>. | [
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WSJ910225-0066_11 | Documents Creation Time: <t432>02/25/91</t432> Then, <t496>a week or so ago</t496>, Gen. Schwarzkopf secretly <ei1380>picked</ei1380> <t498>Saturday night</t498> as the optimal time to <ei1381>start</ei1381> the <ei1382>offensive</ei1382>. <t499>The date</t499> was <ei1383>unaffected</ei1383> by the last-ditch Soviet peace <ei1384>initiative</ei1384>. The real <ei1385>problem</ei1385> with the Soviet <ei1386>proposals</ei1386>, U.S. officials now <ei1387>say</ei1387>, was that they all would have <ei1388>required</ei1388> <ei1389>lifting</ei1389> economic <ei1390>sanctions</ei1390> against Iraq. The Bush administration <ei1391>considers</ei1391> the <ei1392>sanctions</ei1392> essential to <ei1393>keeping</ei1393> Saddam Hussein under <ei1394>control</ei1394> should he <ei1395>survive</ei1395> the <ei1396>war</ei1396>. Mr. Bush <ei1397>forestalled</ei1397> further diplomatic <ei1398>maneuvering</ei1398> by <ei1399>issuing</ei1399> an <ei1400>ultimatum</ei1400> on behalf of the allies <ei1401>demanding</ei1401> that Iraq <ei1402>withdraw</ei1402> <t505>within a week</t505>, <ei1403>starting</ei1403> at <t507>noon Saturday.</t507> | [
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WSJ910225-0066_12 | Documents Creation Time: <t432>02/25/91</t432> Mr. Bush <ei1397>forestalled</ei1397> further diplomatic <ei1398>maneuvering</ei1398> by <ei1399>issuing</ei1399> an <ei1400>ultimatum</ei1400> on behalf of the allies <ei1401>demanding</ei1401> that Iraq <ei1402>withdraw</ei1402> <t505>within a week</t505>, <ei1403>starting</ei1403> at <t507>noon Saturday.</t507> Administration aides <ei1404>said</ei1404> that the idea of the <ei1405>ultimatum</ei1405> was Gen. Powell's. He <ei1406>argued</ei1406> <ei1407>setting</ei1407> an explicit deadline for Saddam Hussein to <ei1408>break</ei1408> would, when it was <ei1409>broken</ei1409>, <ei1410>give</ei1410> the U.S. military a clear green light to <ei1411>proceed</ei1411>. In <ei1412>setting</ei1412> out his final <ei1413>challenge</ei1413> to Saddam Hussein, Mr. Bush <ei1414>continued</ei1414> the intensive personal <ei1415>diplomacy</ei1415> he <ei1416>began</ei1416> after the <ei1417>invasion</ei1417> l<t508>last August</t508>. After <ei1418>cabling</ei1418> world leaders about his <ei1419>intention</ei1419> to <ei1420>give</ei1420> Saddam Hussein a final deadline to <ei1421>exit</ei1421> Kuwait, he <ei1422>offered</ei1422> him <t518>a week</t518> to <ei1423>withdraw</ei1423> fully , instead of <t519>the four days</t519> he originally <ei1424>considered</ei1424>, because of <ei1425>objections</ei1425> from some European partners that four days <ei1426>seemed</ei1426> punitive and unrealistic. | [
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WSJ910225-0066_13 | Documents Creation Time: <t432>02/25/91</t432> After <ei1418>cabling</ei1418> world leaders about his <ei1419>intention</ei1419> to <ei1420>give</ei1420> Saddam Hussein a final deadline to <ei1421>exit</ei1421> Kuwait, he <ei1422>offered</ei1422> him <t518>a week</t518> to <ei1423>withdraw</ei1423> fully , instead of <t519>the four days</t519> he originally <ei1424>considered</ei1424>, because of <ei1425>objections</ei1425> from some European partners that four days <ei1426>seemed</ei1426> punitive and unrealistic. And when he and President Gorbachev <ei1427>spoke</ei1427> about the <ei1428>decision</ei1428> in a <ei1429>talk</ei1429> lasting <t520>nearly an hour</t520>, the President <ei1430>took</ei1430> pains to <ei1432>listen</ei1432> to what his counterpart had to <ei1434>say</ei1434>, although he already had <ei1435>decided</ei1435> that the Soviet alternative to the allied deadline was <ei1530>unacceptable</ei1530>. Finally, when Iraq <ei1437>failed</ei1437> to <ei1438>respond</ei1438> to the U.S. <ei1439>ultimatum</ei1439>, Mr. Bush <ei1440>let</ei1440> the ground <ei1441>offensive</ei1441> <ei1442>begin</ei1442> as previously <ei1443>planned</ei1443> <t514>Saturday night</t514>. The <ei1444>attack</ei1444> was lightning quick, as allied forces <ei1445>punched</ei1445> through tall sand berms on the border and <ei1446>pushed</ei1446> forward into Iraq and Kuwait. U.S. Marines were <ei1447>said</ei1447> to have <ei1448>breached</ei1448> troublesome mine fields along the Iraqi lines but Pentagon officials <ei1449>said</ei1449> no amphibious <ei1450>assault</ei1450> on Kuwait's beaches had <ei1451>begun</ei1451>. | [
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WSJ910225-0066_14 | Documents Creation Time: <t432>02/25/91</t432> U.S. Marines were <ei1447>said</ei1447> to have <ei1448>breached</ei1448> troublesome mine fields along the Iraqi lines but Pentagon officials <ei1449>said</ei1449> no amphibious <ei1450>assault</ei1450> on Kuwait's beaches had <ei1451>begun</ei1451>. Long columns of Iraqi prisoners of war could be <ei1452>seen</ei1452> <ei1453>trudging</ei1453> through the desert toward the allied rear. U.S. commanders <ei1454>said</ei1454> 5,500 Iraqi prisoners were <ei1455>taken</ei1455> in the first hours of the ground <ei1456>war</ei1456>, though some military officials later <ei1457>said</ei1457> the total may have <ei1458>climbed</ei1458> above 8,000. The U.S. <ei1459>hopes</ei1459> its troops will <ei1460>drive</ei1460> Iraqi forces out of Kuwait quickly , <ei1461>leaving</ei1461> much of Iraq's offensive military equipment <ei1462>destroyed</ei1462> or <ei1463>abandoned</ei1463> in Kuwait. It <ei1464>expects</ei1464> that tens of thousands of Iraqi soldiers will <ei1465>surrender</ei1465> to the U.S. and its allies over the <t517>the next few days.</t517> | [
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WSJ910225-0066_15 | Documents Creation Time: <t432>02/25/91</t432> It <ei1464>expects</ei1464> that tens of thousands of Iraqi soldiers will <ei1465>surrender</ei1465> to the U.S. and its allies over the <t517>the next few days.</t517> If the allies <ei1466>succeed</ei1466>, Saddam Hussein will have <ei1467>plunged</ei1467> his country first into a fruitless <t521>eight-year</t521>-long <ei1468>war</ei1468> against Iran and then into a humiliating <ei1469>war</ei1469> against the U.S. and the allies to <ei1470>defend</ei1470> his <ei1471>conquest</ei1471> of Kuwait, <ei1472>leaving</ei1472> much of his country's military <ei1473>establishment</ei1473> and modern infrastructure in ruins. Meanwhile, the U.S. <ei1474>hopes</ei1474>, economic <ei1475>sanctions</ei1475> and an international arms <ei1476>embargo</ei1476> will <ei1477>remain</ei1477> in effect until Iraq <ei1478>pays</ei1478> war <ei1479>reparations</ei1479> to Kuwait to <ei1480>cover</ei1480> war <ei1481>damages</ei1481>. That would <ei1482>undermine</ei1482> any chances of <ei1483>rebuilding</ei1483> either Iraq or its armed forces in short order as long as Saddam Hussein <ei1484>remains</ei1484> in power. The American hope is that someone from within Iraq, perhaps from the army's professional ranks, will step forward and push Saddam Hussein aside so that the country can begin recovering from the disaster. | [
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WSJ910225-0066_16 | Documents Creation Time: <t432>02/25/91</t432> The American hope is that someone from within Iraq, perhaps from the army's professional ranks, will step forward and push Saddam Hussein aside so that the country can begin recovering from the disaster. Outside analysts think Saddam Hussein's position is indeed precarious. "I <ei1485>think</ei1485> frankly Saddam is <ei1486>finished</ei1486>, no matter what <ei1487>happens</ei1487>," <ei1488>says</ei1488> Christine Helms, a Middle East scholar who has <ei1489>written</ei1489> extensively about Iraq. "These guys simply do n't <ei1490>retire</ei1490> to condos over the Euphrates." Despite the lack of any obvious successors, the Iraqi leader's internal power base <ei1491>appeared</ei1491> to be <ei1492>narrowing</ei1492> even before the <ei1493>war</ei1493> <ei1494>began</ei1494>. | [
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WSJ910225-0066_17 | Documents Creation Time: <t432>02/25/91</t432> Despite the lack of any obvious successors, the Iraqi leader's internal power base <ei1491>appeared</ei1491> to be <ei1492>narrowing</ei1492> even before the <ei1493>war</ei1493> <ei1494>began</ei1494>. Some analysts <ei1495>say</ei1495> he <ei1496>appeared</ei1496> to be <ei1497>relying</ei1497> on a smaller and smaller circle of close advisers and relatives. If that's true, the narrowing of his <ei1498>support</ei1498> would <ei1499>make</ei1499> it easier for someone to <ei1500>push</ei1500> him aside from within. Yet, paradoxically, the perception that the U.S. <ei1501>wants</ei1501> to <ei1502>destroy</ei1502> Iraq may <ei1503>increase</ei1503> Saddam Hussein's <ei1504>support</ei1504> within the Iraqi military. And the U.S. now will <ei1505>face</ei1505> sharper questions in the Arab world since it did n't <ei1506>back</ei1506> the peace <ei1507>proposals</ei1507> worked out in Moscow. | [
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WSJ910225-0066_18 | Documents Creation Time: <t432>02/25/91</t432> And the U.S. now will <ei1505>face</ei1505> sharper questions in the Arab world since it did n't <ei1506>back</ei1506> the peace <ei1507>proposals</ei1507> worked out in Moscow. "We <ei1508>looked</ei1508> to the United States, we <ei1509>expected</ei1509> you to <ei1510>have</ei1510> the moral edge," <ei1511>says</ei1511> Nasser Tahboub, a Jerusalem-born Jordanian who <ei1512>has</ei1512> an American wife and a doctorate in political science from Duke University. "Now we <ei1513>see</ei1513> that edge <ei1514>eroded</ei1514>. For me, it is a great <ei1515>tragedy</ei1515>. For the first time in history, the U.S. has <ei1516>gone</ei1516> to <ei1517>war</ei1517> with an Arab and Muslim nation, and we <ei1518>know</ei1518> a peaceful <ei1519>solution</ei1519> was in <ei1520>reach</ei1520>." | [
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WSJ910225-0066_19 | Documents Creation Time: <t432>02/25/91</t432> For the first time in history, the U.S. has <ei1516>gone</ei1516> to <ei1517>war</ei1517> with an Arab and Muslim nation, and we <ei1518>know</ei1518> a peaceful <ei1519>solution</ei1519> was in <ei1520>reach</ei1520>." --- Geraldine Brooks in Amman, Jordan, and Craig Forman in Cairo, Egypt, contributed to this article. | [
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wsj_0324_0 | Documents Creation Time: <t9>11/01/89</t9> QVCN CAVN TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) MEDIA, PUBLISHING, BROADCASTING, ELECTRONIC PUBLISHING (MED) RETAILING (RET) QVC Network Inc. <ei1990>said</ei1990> it <ei1991>completed</ei1991> its <ei1992>acquisition</ei1992> of CVN Cos. for about $423 million. QVC <ei1993>agreed</ei1993> to <ei1994>pay</ei1994> $19 and one-eighth QVC share for each of CVN's 20 million fully diluted shares. The <ei1995>acquisition</ei1995> <ei1996>brings</ei1996> together the two largest competitors to Home Shopping Network Inc., which <t49>now</t49> <ei1997>reaches</ei1997> more viewers than any other company in the video shopping industry. Among them, Home Shopping, QVC and CVN already <ei1998>control</ei1998> most of that young and fast-growing market, which <t64>last year</t64> <ei1999>had</ei1999> <ei2000>sales</ei2000> of about $1.4 billion. | [
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wsj_1006_0 | Documents Creation Time: <t140>10/26/89</t140> T.PGI WNEWS TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) MONTREAL In a stunning <ei1989>shift</ei1989> in direction, Provigo Inc. <ei1990>said</ei1990> it will <ei1991>sell</ei1991> all its non-food operations to <ei1992>concentrate</ei1992> solely on its retail and wholesale grocery business. The non-food operations <ei1993>accounted</ei1993> for about 27% of Provigo's 7.38 billion Canadian dollars (US$6.3 billion) in sales in <t177>the latest fiscal year</t177>. In a related <ei1994>move</ei1994>, Pierre Lortie, chairman and chief executive, <ei1995>resigned</ei1995>. Mr. Lortie <ei1996>joined</ei1996> Provigo in <t141>1985</t141> and <ei1997>spearheaded</ei1997> the company's <ei1998>drive</ei1998> to <ei1999>grow</ei1999> outside its traditional food business. He could n't be <ei2000>reached</ei2000> for <ei2001>comment</ei2001>. | [
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wsj_1006_1 | Documents Creation Time: <t140>10/26/89</t140> He could n't be <ei2000>reached</ei2000> for <ei2001>comment</ei2001>. Bertin Nadeau, newly <ei2002>appointed</ei2002> chairman and interim chief executive of Provigo, would n't <ei2003>say</ei2003> if Mr. Lortie was <ei2004>asked</ei2004> to <ei2005>leave</ei2005>. "Mr. Lortie <ei2006>felt</ei2006> less pertinent," Mr. Nadeau <ei2007>said</ei2007>, given the <ei2009>decision</ei2009> to <ei2010>dump</ei2010> Provigo's non-food operations. "At this stage it was <ei2011>felt</ei2011> I was perhaps more pertinent as chief executive." Mr. Nadeau also is chairman and chief executive of Unigesco Inc., Provigo's <ei2012>controlling</ei2012> shareholder. | [
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wsj_1006_2 | Documents Creation Time: <t140>10/26/89</t140> Mr. Nadeau also is chairman and chief executive of Unigesco Inc., Provigo's <ei2012>controlling</ei2012> shareholder. At a news conference, Mr. Nadeau <ei2013>said</ei2013> the <ei2014>sale</ei2014> of the three non-food businesses, which <ei2015>account</ei2015> for nearly half the company's C$900 million in assets, should be <ei2016>completed</ei2016> in a "matter of months." The three units are a nationwide pharmaceutical and health-products distributor, a small sporting-goods chain, and a combination catalog showroom and toy-store chain. Investors and analysts <ei2017>applauded</ei2017> the <ei2018>news</ei2018>. Provigo was the most active industrial stock on the Montreal Exchange, where it <ei2019>closed</ei2019> at <ei2020>C$9.75</ei2020> (<ei2021>US$8.32</ei2021>), up 75 Canadian cents. | [
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wsj_1006_3 | Documents Creation Time: <t140>10/26/89</t140> Provigo was the most active industrial stock on the Montreal Exchange, where it <ei2019>closed</ei2019> at <ei2020>C$9.75</ei2020> (<ei2021>US$8.32</ei2021>), up 75 Canadian cents. "I <ei2022>think</ei2022> it's a pretty positive <ei2023>development</ei2023>," <ei2024>said</ei2024> Ross Cowan, a financial analyst with Levesque Beaubien Geoffrion Inc., of the <ei2025>decision</ei2025> to <ei2026>concentrate</ei2026> on groceries. Mr. Lortie's <ei2027>departure</ei2027>, while sudden, was <ei2028>seen</ei2028> as <ei2029>inevitable</ei2029> in light of the <ei2030>shift</ei2030> in strategy. "The non-food operations were largely Mr. Lortie's creation {and} his strategy did n't <ei2031>work</ei2031>," <ei2032>said</ei2032> Steven Holt, a financial analyst with Midland Doherty Ltd. Provigo's profit record over <t147>the past two years</t147> <ei2033>tarnished</ei2033> the company's and Mr. Lortie's reputations. For <t148>the six months</t148> <ei2034>ended</ei2034> <t149>Aug. 12</t149>, Provigo <ei2035>posted</ei2035> net income of C<ei2074>$6.5</ei2074> million, or eight Canadian cents a share, compared with C<ei2071>$18.1</ei2071> million, or 21 Canadian cents a share, <t150>a year earlier</t150>. | [
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wsj_1006_4 | Documents Creation Time: <t140>10/26/89</t140> For <t148>the six months</t148> <ei2034>ended</ei2034> <t149>Aug. 12</t149>, Provigo <ei2035>posted</ei2035> net income of C<ei2074>$6.5</ei2074> million, or eight Canadian cents a share, compared with C<ei2071>$18.1</ei2071> million, or 21 Canadian cents a share, <t150>a year earlier</t150>. Sales were C<ei2072>$4.2</ei2072> billion compared with C<ei2073>$3.7</ei2073> billion. <t151>Last month</t151>, Canadian Bond Rating Service <ei2040>downgraded</ei2040> Provigo's commercial paper and debentures because of its lackluster <ei2041>performance</ei2041>. Analysts are <ei2042>skeptical</ei2042> Provigo will be able to <ei2043>sell</ei2043> the non-food businesses as a group for at least book value, and are <ei2044>expecting</ei2044> <ei2045>write-downs</ei2045>. Mr. Nadeau <ei2046>said</ei2046> he could n't yet <ei2047>say</ei2047> if the sale prices would <ei2048>match</ei2048> book values. | [
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wsj_1006_5 | Documents Creation Time: <t140>10/26/89</t140> Mr. Nadeau <ei2046>said</ei2046> he could n't yet <ei2047>say</ei2047> if the sale prices would <ei2048>match</ei2048> book values. He <ei2049>said</ei2049> all three non-food operations are <ei2050>profitable</ei2050>. Mr. Nadeau <ei2051>said</ei2051> <ei2052>discussions</ei2052> are <ei2075>under</ei2075> way with potential purchasers of each of the units. He <ei2054>declined</ei2054> to <ei2055>confirm</ei2055> or <ei2056>deny</ei2056> <ei2057>reports</ei2057> that Provigo executive Henri Roy is <ei2058>trying</ei2058> to <ei2059>put</ei2059> together a management <ei2060>buy-out</ei2060> of the catalogue showroom unit. Mr. Roy could n't be <ei2061>reached</ei2061>. | [
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wsj_1006_6 | Documents Creation Time: <t140>10/26/89</t140> Mr. Roy could n't be <ei2061>reached</ei2061>. Yvon Bussieres was <ei2062>named</ei2062> senior executive vice president and chief operating officer of Provigo, a new position. Mr. Bussieres was president and chief operating officer of Provigo's Quebec retail and wholesale grocery unit. Mr. Nadeau <ei2065>said</ei2065> he <ei2066>intends</ei2066> to <ei2067>remain</ei2067> Provigo's chief executive only until the non-food businesses are <ei2068>sold</ei2068>, after a which a new chief executive will be <ei2069>named</ei2069>. | [
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wsj_0132_0 | Documents Creation Time: <t33>11/02/89</t33> EUROP N.DSM EARNINGS (ERN) N.V. DSM <ei1989>said</ei1989> net income in <t36>the third quarter</t36> <ei1990>jumped</ei1990> 63% as the company <ei1991>had</ei1991> substantially lower extraordinary <ei1992>charges</ei1992> to <ei1993>account</ei1993> for a restructuring program. The Dutch chemical group <ei1994>said</ei1994> net income <ei1995>gained</ei1995> to <ei2017>235</ei2017> million guilders ($113.2 million), or 6.70 guilders a share, from <ei2018>144</ei2018> million guilders, or 4.10 guilders a share, <t43>a year ago</t43>. The 32% state-owned DSM <ei1998>had</ei1998> eight million guilders of extraordinary <ei1999>charges</ei1999> in <t45>the latest quarter</t45>, mainly to <ei2000>reflect</ei2000> one-time <ei2001>losses</ei2001> in connection with the <ei2002>disposal</ei2002> of some operations. The <ei2003>charges</ei2003> were <ei2004>offset</ei2004> in part by a <ei2005>gain</ei2005> from the <ei2006>sale</ei2006> of the company's construction division. <t49>Last year</t49>, DSM <ei2007>had</ei2007> 71 million guilders of extraordinary <ei2008>charges</ei2008> for the restructuring program and other transactions. | [
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wsj_0132_1 | Documents Creation Time: <t33>11/02/89</t33> <t49>Last year</t49>, DSM <ei2007>had</ei2007> 71 million guilders of extraordinary <ei2008>charges</ei2008> for the restructuring program and other transactions. The earnings <ei2009>growth</ei2009> also was <ei2010>fueled</ei2010> by the company's ability to <ei2011>cut</ei2011> net financing spending by half to around <ei2019>15</ei2019> million guilders. Also, substantially lower Dutch corporate tax rates <ei2013>helped</ei2013> the company <ei2014>keep</ei2014> its tax outlay flat relative to earnings growth, the company <ei2015>added</ei2015>. Sales, however , were little <ei2016>changed</ei2016> at 2.46 billion guilders, compared with 2.42 billion guilders. | [
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wsj_0127_0 | Documents Creation Time: <t23>11/02/89</t23> U.REE EARNINGS (ERN) Reed International PLC <ei2151>said</ei2151> that net <ei2152>income</ei2152> for <t31>the six months</t31> <ei2153>ended</ei2153> <t25>Oct. 1</t25> <ei2154>slipped</ei2154> 5% to #89.7 million ($141.9 million), or 16 pence a share, from #94.8 million ($149.9 million), or 17.3 pence a share. The British paper, packaging and publishing concern, <ei2155>said</ei2155> profit from continuing lines <ei2156>fell</ei2156> 10% to #118 million from #130.6 million. While there were no one-time <ei2157>gains</ei2157> or <ei2158>losses</ei2158> in <t26>the latest period</t26>, there was a one-time <ei2159>gain</ei2159> of #18 million in the <t27>1988</t27> period. And while there was no <ei2160>profit</ei2160> <t28>this year</t28> from discontinued <ei2161>operations</ei2161>, <t29>last year</t29> they <ei2162>contributed</ei2162> #34 million, before <ei2163>tax</ei2163>. Pretax profit <ei2164>fell</ei2164> 3.7% to #128 million from #133 million and was <ei2165>below</ei2165> analysts' expectations of #130 million to #135 million, but shares <ei2166>rose</ei2166> 6 pence to 388 pence in early <ei2167>trading</ei2167> <t30>yesterday</t30> in London. | [
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wsj_0127_1 | Documents Creation Time: <t23>11/02/89</t23> Pretax profit <ei2164>fell</ei2164> 3.7% to #128 million from #133 million and was <ei2165>below</ei2165> analysts' expectations of #130 million to #135 million, but shares <ei2166>rose</ei2166> 6 pence to 388 pence in early <ei2167>trading</ei2167> <t30>yesterday</t30> in London. Reed is <ei2168>paying</ei2168> an interim dividend of 4.6 pence, <ei2169>up</ei2169> 15% from 4 pence <t2127>a year earlier</t2127>. Sales <ei2170>fell</ei2170> 20% to #722 million. Earnings were <ei2171>hurt</ei2171> by <ei2172>disposal</ei2172> of operations in its <ei2173>restructuring</ei2173>, Reed <ei2174>said</ei2174>. | [
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NYT19980206.0466_0 | Documents Creation Time: <t28>02/06/1998 22:29:00</t28> Following are <ei509>statements</ei509> <ei510>made</ei510> <t30>Friday</t30> and <t31>Thursday</t31> by Lawrence Wechsler, a lawyer for the White House secretary, Betty Currie; the White House; White House spokesman Mike McCurry, and President Clinton in response to an <ei511>article</ei511> in The New York Times on <t32>Friday</t32> about her <ei512>statements</ei512> regarding a <ei513>meeting</ei513> with the president: Wechsler on <t33>Thursday</t33> ``Without <ei514>commenting</ei514> on the <ei515>allegations</ei515> <ei516>raised</ei516> in this article, to the extent that there is any <ei518>implication</ei518> or <ei519>suggestion</ei519> that Mrs. Currie was <ei520>aware</ei520> of any legal or ethical <ei521>impropriety</ei521> by anyone, that <ei522>implication</ei522> or <ei523>suggestion</ei523> is entirely <ei524>inaccurate</ei524>.'' White House on <t34>Thursday</t34> ``For <t35>the past few weeks</t35> we 've been <ei525>subjected</ei525> to false <ei526>leaks</ei526> <ei527>designed</ei527> to <ei529>mislead</ei529> both reporters and the American public. We're not going to <ei530>dignify</ei530> the <t36>latest</t36> false <ei531>leak</ei531> with a <ei532>response</ei532>.'' McCurry on <t37>Friday</t37> ``I <ei533>want</ei533> to be absolutely <ei534>clear</ei534>, to the extent there is any <ei535>implication</ei535> or the slightest <ei536>suggestion</ei536> that Mrs. Currie <ei537>believes</ei537> that the President or anyone else <ei538>tried</ei538> to <ei539>influence</ei539> her <ei540>recollection</ei540>, that is absolutely <ei541>false</ei541> and a <ei542>mischaracterization</ei542> of the facts. I am <ei543>shocked</ei543> and <ei544>dismayed</ei544> by the numerous <ei545>leaks</ei545> regarding Mrs. Currie's grand jury <ei546>testimony</ei546>.'' | [
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NYT19980206.0466_1 | Documents Creation Time: <t28>02/06/1998 22:29:00</t28> I am <ei543>shocked</ei543> and <ei544>dismayed</ei544> by the numerous <ei545>leaks</ei545> regarding Mrs. Currie's grand jury <ei546>testimony</ei546>.'' Clinton on <t38>Friday</t38>. ``Once again, I never <ei547>asked</ei547> anybody to <ei548>do</ei548> anything but <ei549>tell</ei549> the truth. I <ei550>know</ei550> about the <ei551>stories</ei551> <t39>today</t39>. I was <ei552>pleased</ei552> that Ms. Currie's lawyers <ei553>stated</ei553> unambiguously <t40>this morning</t40> _ unambiguously _ that she's not <ei554>aware</ei554> of any unethical <ei555>conduct</ei555>. | [
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PRI19980205.2000.1998_0 | Documents Creation Time: <t37>19980205</t37> Thousands of people in Germany have been <ei2001>demonstrating</ei2001> <t38>today</t38> against the high <ei2020>level</ei2020> of unemployment in the country. Latest figures show a sharp <ei2003>rise</ei2003>, with nearly five million Germans out of work. Caroline Wyatt reports. <ei2005>Chanting</ei2005> Helmut Kohl must <ei2006>go</ei2006> the unemployed <ei2007>took</ei2007> to the streets of the German capital, Berlin, <ei2008>mirroring</ei2008> <ei2009>protests</ei2009> around the country. Joblessness is <t42>now</t42> <ei2021>at</ei2021> its highest level in Germany since the second world <ei2011>war</ei2011>. | [
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PRI19980205.2000.1998_1 | Documents Creation Time: <t37>19980205</t37> Joblessness is <t42>now</t42> <ei2021>at</ei2021> its highest level in Germany since the second world <ei2011>war</ei2011>. With the general <ei2012>election</ei2012> due <t44>this September</t44>, record figures could n't have <ei2013>come</ei2013> at a worst time for Chancellor Kohl. His <ei2015>promise</ei2015> to <ei2016>half</ei2016> unemployment by <t45>the year two thousand</t45> has <t47>now</t47> been <ei2017>abandoned</ei2017>. And the German electorate appears increasingly <ei2018>eager</ei2018> to <ei2019>dispense</ei2019> with the services of Europe's longest serving leader. Caroline Wyatt, BBC news, Bonn. | [
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wsj_1013_0 | Documents Creation Time: <t163>10/26/89</t163> CSV EARNINGS (ERN) BEVERLY HILLS, Calif. Columbia Savings amp Loan Association, <ei2412>reeling</ei2412> from thrift-accounting <ei2413>changes</ei2413> <ei2414>mandated</ei2414> by Congress and the recent <ei2415>collapse</ei2415> of the junk-bond market, <ei2416>announced</ei2416> a <ei2417>loss</ei2417> for <t164>the third quarter</t164> of $226.3 million, or $11.57 a share. For <t165>the quarter a year ago</t165>, Columbia <ei2418>reported</ei2418> earnings of $16.3 million, or 37 cents a share. Total assets <ei2419>increased</ei2419> to <ei2519>$12.7</ei2519> billion in <t166>the latest quarter</t166> from <ei2520>$12.4</ei2520> billion <t167>a year earlier</t167>. The <ei2422>loss</ei2422> <ei2423>stems</ei2423> from $357.5 million of <ei2424>write-downs</ei2424> on Columbia's $4.4 billion high-yield investment securities portfolio, which <ei2425>includes</ei2425> about $3.7 billion of junk bonds, $400 million of preferred stock, and Treasury securities. Columbia <ei2426>owes</ei2426> its spectacular <ei2427>growth</ei2427> in <t169>recent years</t169> to its junk-bond portfolio, the largest of any U.S. thrift. | [
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wsj_1013_1 | Documents Creation Time: <t163>10/26/89</t163> Columbia <ei2426>owes</ei2426> its spectacular <ei2427>growth</ei2427> in <t169>recent years</t169> to its junk-bond portfolio, the largest of any U.S. thrift. Much of Columbia's junk-bond <ei2428>trading</ei2428> has been <ei2429>done</ei2429> through the high-yield department of its Beverly Hills neighbor, Drexel Burnham Lambert Inc. For <t170>the nine months</t170>, losses <ei2430>totaled</ei2430> <ei2521>$212</ei2521> million, or $10.83 a share, compared with net income of <ei2522>$48.7</ei2522> million, or $1.11 a share, <t172>a year earlier</t172>. The <ei2433>results</ei2433> include a $130.2 million <ei2434>write-down</ei2434> of the securities in the high-yield portfolio to the lower of their cost or market value. Columbia also <ei2435>added</ei2435> $227.3 million to reserves for <ei2436>losses</ei2436> on the portfolio, <ei2437>increasing</ei2437> general reserves to <ei2523>$300</ei2523> million, or about 6.7% of the total portfolio, as of <t1991>Sept. 30</t1991>. On <t1992>June 30</t1992>, loss reserves <ei2439>stood</ei2439> at $108.3 million. | [
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wsj_1013_2 | Documents Creation Time: <t163>10/26/89</t163> On <t1992>June 30</t1992>, loss reserves <ei2439>stood</ei2439> at $108.3 million. Thrift officials <ei2440>said</ei2440> the $300 million reserve will be <ei2441>adjusted</ei2441> quarterly and will <ei2442>reflect</ei2442> the <ei2443>rate</ei2443> of dispositions and market <ei2444>conditions</ei2444>. The <ei2445>adjustments</ei2445> <ei2446>result</ei2446> from the recently <ei2447>passed</ei2447> thrift-industry bailout legislation, which <ei2448>requires</ei2448> thrifts to <ei2449>divest</ei2449> all high-yield bond investments by <t1994>1994</t1994>. Previously, Columbia did n't have to <ei2451>adjust</ei2451> the book value of its junk-bond holdings to <ei2452>reflect</ei2452> <ei2453>declines</ei2453> in market prices, because it <ei2454>held</ei2454> the bonds as long-term investments. Because Columbia <t2151>now</t2151> must <ei2455>sell</ei2455> the bonds within <t1999>five years</t1999>, accounting rules <ei2456>require</ei2456> the thrift to <ei2457>value</ei2457> the bonds at the lower of cost or market prices. | [
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wsj_1013_3 | Documents Creation Time: <t163>10/26/89</t163> Because Columbia <t2151>now</t2151> must <ei2455>sell</ei2455> the bonds within <t1999>five years</t1999>, accounting rules <ei2456>require</ei2456> the thrift to <ei2457>value</ei2457> the bonds at the lower of cost or market prices. For its future strategy, Columbia officials <ei2458>said</ei2458> the thrift may <ei2459>branch</ei2459> out into commercial <ei2460>lending</ei2460> or <ei2461>managing</ei2461> outside investments, as well as <ei2462>beefing</ei2462> up more traditional thrift <ei2463>activities</ei2463>. The quarterly <ei2464>results</ei2464> also <ei2465>reflected</ei2465> $21.4 million in non-recurring <ei2466>losses</ei2466> from commercial real-estate <ei2467>activities</ei2467> in California. Thomas Spiegel, Columbia's chairman, <ei2468>said</ei2468> in a <ei2469>statement</ei2469> that the thrift was " <ei2470>disappointed</ei2470>" by the effects of the accounting <ei2471>changes</ei2471>. But he <ei2472>said</ei2472> Columbia <ei2473>remains</ei2473> "one of the most strongly capitalized thrifts in the industry," <ei2474>based</ei2474> on the economic value of its assets and tangible capital. | [
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wsj_1013_4 | Documents Creation Time: <t163>10/26/89</t163> But he <ei2472>said</ei2472> Columbia <ei2473>remains</ei2473> "one of the most strongly capitalized thrifts in the industry," <ei2474>based</ei2474> on the economic value of its assets and tangible capital. Columbia <ei2475>announced</ei2475> the <ei2476>results</ei2476> after the <ei2477>close</ei2477> of the stock market. Its shares <ei2478>closed</ei2478> at $5.125 each in composite New York Stock Exchange trading, down 37.5 cents. The price of Columbia shares has been <ei2479>cut</ei2479> nearly in half since <t2004>August</t2004>, when they <ei2480>traded</ei2480> at about $10, as investors apparently <ei2481>realized</ei2481> that the thrift would be <ei2482>forced</ei2482> to <ei2483>take</ei2483> a big <ei2484>write-down</ei2484>. The stock's <ei2485>decline</ei2485> <ei2486>accelerated</ei2486> in <t2007>the past two weeks</t2007>, from a price of <ei2487>$8</ei2487> a share on <t2009>Oct. 9</t2009>. | [
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wsj_1013_5 | Documents Creation Time: <t163>10/26/89</t163> The stock's <ei2485>decline</ei2485> <ei2486>accelerated</ei2486> in <t2007>the past two weeks</t2007>, from a price of <ei2487>$8</ei2487> a share on <t2009>Oct. 9</t2009>. Columbia officials <ei2488>said</ei2488> they do n't <ei2489>know</ei2489> how quickly they will <ei2490>dispose</ei2490> of the thrift's junk bonds, because federal regulations, such as those that would <ei2491>allow</ei2491> thrifts to <ei2492>continue</ei2492> <ei2493>holding</ei2493> the bonds in separately capitalized subsidiaries, have n't yet been <ei2494>completed</ei2494>. Columbia officials also <ei2495>said</ei2495> the thrift should n't <ei2496>face</ei2496> problems <ei2497>meeting</ei2497> regulatory capital requirements, despite the large reserves and <ei2498>write-downs</ei2498> and stiffer regulatory requirements that should be <ei2524>in</ei2524> place by <t2012>year's end</t2012>. Its ratio of tangible equity to total assets as of <t2013>Sept. 30</t2013> was <ei2516>3.6%</ei2516>, and total equity was <ei2517>$457.9</ei2517> million. The thrift <ei2502>emphasized</ei2502> that it <ei2503>has</ei2503> a large portfolio of equity securities <ei2504>issued</ei2504> in connection with corporate restructurings and leveraged <ei2505>buy-outs</ei2505>, which <ei2506>has</ei2506> a book value of $90 million. | [
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wsj_1013_6 | Documents Creation Time: <t163>10/26/89</t163> The thrift <ei2502>emphasized</ei2502> that it <ei2503>has</ei2503> a large portfolio of equity securities <ei2504>issued</ei2504> in connection with corporate restructurings and leveraged <ei2505>buy-outs</ei2505>, which <ei2506>has</ei2506> a book value of $90 million. Although many of the <ei2507>transactions</ei2507> related to those securities have n't been <ei2508>completed</ei2508>, Columbia <ei2509>said</ei2509> the ultimate <ei2510>gain</ei2510> on the <ei2511>sale</ei2511> of those assets will <ei2512>range</ei2512> from $200 million to $300 million. Columbia also <ei2513>has</ei2513> unrealized <ei2514>gains</ei2514> in its public equity securities portfolio of more than $70 million. --- David B. Hilder in New York <ei2515>contributed</ei2515> to this article. | [
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wsj_0325_0 | Documents Creation Time: <t29>11/01/89</t29> CSA EARNINGS (ERN) Coast Savings Financial Inc. <ei199>reported</ei199> a <t31>third-quarter</t31> <ei200>loss</ei200>, <ei201>citing</ei201> a previously announced capital restructuring program. The Los Angeles thrift holding company <ei202>said</ei202> it <ei203>had</ei203> a loss of $92.2 million, or $6.98 a share, for <t48>the quarter</t48> ended <t32>Sept. 30</t32>. Coast <ei204>earned</ei204> $10.2 million, or 67 cents a share, in <t49>the year-ago quarter</t49>. The <t51>year-ago</t51> <ei205>results</ei205> have been <ei206>restated</ei206> to <ei207>comply</ei207> with government <ei208>regulations</ei208>. The restructuring <ei209>program</ei209> is <ei210>designed</ei210> to <ei211>increase</ei211> the company's tangible capital <ei212>ratio</ei212>. | [
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wsj_0325_1 | Documents Creation Time: <t29>11/01/89</t29> The restructuring <ei209>program</ei209> is <ei210>designed</ei210> to <ei211>increase</ei211> the company's tangible capital <ei212>ratio</ei212>. It includes <ei213>removing</ei213> $242 million in good will from the books, <ei214>issuing</ei214> $150 million in preferred stock and <ei215>commencing</ei215> an exchange <ei216>offer</ei216> for $52 million in convertible bonds. During <t52>the third quarter</t52>, the company <ei217>charged</ei217> about $46 million against earnings in reducing goodwill, <ei218>added</ei218> $20 million to its general loan loss reserves and <ei219>established</ei219> a $30 million <ei220>reserve</ei220> for its high-yield bond portfolio. The company <ei221>said</ei221> its junk-bond portfolio after these <ei222>moves</ei222> had been <ei223>reduced</ei223> to less than 1% of assets. | [
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wsj_0292_0 | Documents Creation Time: <t76>11/01/89</t76> KMB EARNINGS (ERN) PULP, PAPER, PACKAGING (ALL TYPES) (PUL) DALLAS Despite continuing problems in its newsprint business, Kimberly-Clark Corp. <ei321>posted</ei321> a 20% <ei322>gain</ei322> in <t82>third-quarter</t82> net <ei323>income</ei323>. The consumer-products and newsprint company <ei324>said</ei324> net <ei325>rose</ei325> to <ei357>$108.8</ei357> million, or $1.35 a share, from <ei358>$90.5</ei358> million, or $1.12 a share, <t78>a year ago</t78>. Sales <ei328>rose</ei328> 6.2% to <ei359>$1.45</ei359> billion from <ei360>$1.37</ei360> billion. After <t79>a flat second quarter</t79> <ei331>tied</ei331> largely to lower newsprint earnings, Kimberly-Clark <ei332>attributed</ei332> the <ei333>gain</ei333> to improved <ei334>results</ei334> in its consumer businesses in North America, Brazil and Korea. Those <ei335>gains</ei335> came from higher <ei336>prices</ei336>, particularly for disposable diapers and tissue products, and from increased <ei337>sales</ei337>, primarily for feminine-care products, the company <ei338>said</ei338>. | [
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wsj_0292_1 | Documents Creation Time: <t76>11/01/89</t76> Those <ei335>gains</ei335> came from higher <ei336>prices</ei336>, particularly for disposable diapers and tissue products, and from increased <ei337>sales</ei337>, primarily for feminine-care products, the company <ei338>said</ei338>. Newsprint results <ei339>continued</ei339> to be <ei340>depressed</ei340>, the company <ei341>added</ei341>, because of industrywide price <ei342>discounting</ei342>. The quarter-to-quarter comparison was also <ei343>enhanced</ei343> by <ei344>charges</ei344> <ei345>taken</ei345> in <t85>the year-earlier period</t85>, including $11 million related to the <ei346>modernization</ei346> of a pulp and newsprint mill in Alabama. In <t86>the 1989 period</t86> also, interest expense and tax <ei347>rates</ei347> were <ei348>lower</ei348> than <t87>a year ago</t87>. In <t88>the first nine months</t88>, profit <ei349>rose</ei349> 10% to <ei361>$313.2</ei361> million, or $3.89 a share, from <ei362>$283.9</ei362> million, or $3.53 a share. | [
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wsj_0292_2 | Documents Creation Time: <t76>11/01/89</t76> In <t88>the first nine months</t88>, profit <ei349>rose</ei349> 10% to <ei361>$313.2</ei361> million, or $3.89 a share, from <ei362>$283.9</ei362> million, or $3.53 a share. Sales <ei352>rose</ei352> 6.7% to <ei363>$4.27</ei363> billion from <ei364>$4</ei364> billion. In New York Stock Exchange composite trading, Kimberly-Clark <ei355>closed</ei355> at <ei356>$66.50</ei356> a share, up $1.50. | [
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wsj_0709_0 | Documents Creation Time: <t25>10/27/89</t25> SRV EARNINGS (ERN) HOUSTON Service Corp. International <ei124>said</ei124> it <ei125>expects</ei125> to <ei126>report</ei126> net <ei127>income</ei127> of 15 cents a share for <t26>the third quarter</t26>. The company <ei128>said</ei128> it <ei129>expects</ei129> to <ei130>release</ei130> third-quarter results in <t27>mid-November</t27>. The funeral home and cemetery operator <ei131>changed</ei131> from a fiscal year to a calendar year in <t28>December</t28>. In <t30>the comparable year-ago quarter</t30>, the <t31>second quarter</t31> ended <t32>Oct. 31</t32>, Service Corp. <ei132>had</ei132> a <ei133>loss</ei133> of about $12.5 million, or 26 cents a share, on revenue of $175.4 million. Results for <t33>that quarter</t33> included a $30 million, or 40 cents a share, <ei135>write-down</ei135> associated with the consolidation of a facility. | [
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wsj_0906_0 | Documents Creation Time: <t27>10/26/89</t27> DING STSS TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) PHILADELPHIA Diversified Investment Group Inc. <ei114>said</ei114> it <ei115>agreed</ei115> to be <ei116>acquired</ei116> by Star States Corp. for stock <ei117>valued</ei117> at $13.75 a share, or about $24.4 million. Diversified, the holding company for Fidelity Federal Savings amp Loan Association, <ei118>said</ei118> the <ei119>agreement</ei119> also <ei120>gives</ei120> Star States the <ei121>option</ei121> to <ei122>acquire</ei122> 588,300 of Diversified's 1,774,326 shares outstanding "under certain circumstances." The <ei123>acquisition</ei123> would <ei124>give</ei124> Wilmington, Del.-based Star States <ei125>access</ei125> to the Pennsylvania market. The <ei126>agreement</ei126> is <ei127>subject</ei127> to regulatory <ei128>approval</ei128> and <ei129>resolution</ei129> of lawsuits <ei130>brought</ei130> by certain Diversified holders in connection with the proposed <ei131>merger</ei131>. | [
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PRI19980115.2000.0186_0 | Documents Creation Time: <t28>19980115</t28> <t29>Former</t29> savings and loan chief, Charles Keating, is <ei2268>facing</ei2268> more legal <ei2269>troubles</ei2269> in California. A federal appeals court has <ei2270>reinstated</ei2270> his state <ei2271>convictions</ei2271> for securities <ei2272>fraud</ei2272>. NPR's Elaine Corey <ei2273>has</ei2273> more from San Francisco. In <t30>nineteen ninety-one</t30> Charles Keating was <ei2274>convicted</ei2274> in state court of <ei2275>helping</ei2275> to <ei2276>defraud</ei2276> thousands of investors who <ei2277>bought</ei2277> high risk junk bonds <ei2278>sold</ei2278> by Keating's employees at Lincoln savings and loan. The bonds <ei2279>became</ei2279> worthless when the <ei2281>bankrupt</ei2281> thrift was <ei2282>seized</ei2282> by government regulators. | [
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PRI19980115.2000.0186_1 | Documents Creation Time: <t28>19980115</t28> The bonds <ei2279>became</ei2279> worthless when the <ei2281>bankrupt</ei2281> thrift was <ei2282>seized</ei2282> by government regulators. Keating's <ei2283>convictions</ei2283> were <ei2284>thrown</ei2284> out in <t31>nineteen ninety-six</t31> on a technicality. And on that basis Keating was <ei2285>released</ei2285> from prison before he was <ei2286>eligible</ei2286> for <ei2287>parole</ei2287>. <t32>Now</t32> the ninth US circuit court of appeals has <ei2288>ruled</ei2288> that the original <ei2289>appeal</ei2289> was <ei2290>flawed</ei2290> since it <ei2291>brought</ei2291> up <ei2292>issues</ei2292> that had not been <ei2293>raised</ei2293> before. That <ei2294>means</ei2294> the <ei2295>convictions</ei2295> <ei2296>stand</ei2296>, a <ei2297>ruling</ei2297> likely to <ei2298>send</ei2298> Keating's lawyers back to state court where they must <ei2299>start</ei2299> over with a new <ei2300>appeal</ei2300>. | [
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wsj_0938_0 | Documents Creation Time: <t177>10/26/89</t177> CPX MCA RANKY TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) RECREATION, ENTERTAINMENT, TOYS, MOVIES, PHOTOGRAPHY, SPORTS (REC) TORONTO Cineplex Odeon Corp. directors <ei761>said</ei761> the company's chairman and chief executive, Garth Drabinsky, is <ei762>considering</ei762> <ei763>bidding</ei763> 780.6 million Canadian dollars (US$666 million) to <ei764>acquire</ei764> the company. The board <ei765>said</ei765> Mr. Drabinsky and Vice Chairman Myron Gottlieb are <ei766>negotiating</ei766> <ei767>financing</ei767> before <ei768>offering</ei768> C$16.40 a share to <ei769>acquire</ei769> all of Cineplex's shares outstanding. The directors <ei770>added</ei770> that the two executives have n't <ei771>reached</ei771> a final <ei772>decision</ei772> to <ei773>proceed</ei773> with a <ei774>bid</ei774> and that until an <ei775>offer</ei775> is <ei776>made</ei776> the board will <ei777>continue</ei777> <ei778>seeking</ei778> higher offers from other bidders. The directors <ei779>said</ei779> if Messrs. Drabinsky and Gottlieb <ei780>mail</ei780> an <ei781>offer</ei781> to shareholders by <t179>Nov. 22</t179>, it will <ei782>reimburse</ei782> them a maximum of C$8.5 million for expenses related to a bid. "We <ei783>consider</ei783> that his bid is an <ei863>acceptable</ei863> bid," <ei785>said</ei785> Sandra Kolber, spokeswoman for the independent directors' committee <ei786>appointed</ei786> <t183>last May</t183> to <ei787>solicit</ei787> and <ei788>review</ei788> bids for the company in the wake of a <ei789>dispute</ei789> between Mr. Drabinsky and Cineplex's major shareholder, MCA Inc. MCA and Cineplex's other major shareholder, Montreal-based financier Charles Bronfman and his associates, have <ei790>agreed</ei790> to <ei791>tender</ei791> their holdings to an offer by Mr. Drabinsky unless a higher <ei792>offer</ei792> is <ei793>made</ei793> by another bidder. | [
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wsj_0938_1 | Documents Creation Time: <t177>10/26/89</t177> "We <ei783>consider</ei783> that his bid is an <ei863>acceptable</ei863> bid," <ei785>said</ei785> Sandra Kolber, spokeswoman for the independent directors' committee <ei786>appointed</ei786> <t183>last May</t183> to <ei787>solicit</ei787> and <ei788>review</ei788> bids for the company in the wake of a <ei789>dispute</ei789> between Mr. Drabinsky and Cineplex's major shareholder, MCA Inc. MCA and Cineplex's other major shareholder, Montreal-based financier Charles Bronfman and his associates, have <ei790>agreed</ei790> to <ei791>tender</ei791> their holdings to an offer by Mr. Drabinsky unless a higher <ei792>offer</ei792> is <ei793>made</ei793> by another bidder. MCA holds half of Cineplex's equity and 33% of its voting rights through restricted voting shares, while Bronfman interests hold about 24% of the company's equity. Ms. Kolber <ei794>said</ei794> the committee had <ei795>received</ei795> other bids. She <ei796>declined</ei796> to <ei797>identify</ei797> other bidders but <ei798>said</ei798> Mr. Drabinsky's offer "is all cash, and it's <ei864>for</ei864> all of the company." Several Cineplex analysts have <ei800>speculated</ei800> that outside bids received by the committee were either disappointingly <ei860>low</ei860> or for only <ei861>part</ei861> of the company. | [
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wsj_0938_2 | Documents Creation Time: <t177>10/26/89</t177> Several Cineplex analysts have <ei800>speculated</ei800> that outside bids received by the committee were either disappointingly <ei860>low</ei860> or for only <ei861>part</ei861> of the company. "All this has really established is that MCA and the Bronfmans have <ei803>agreed</ei803> on a price at which they can be <ei804>bought</ei804> out," <ei805>said</ei805> Jeffery Logsdon, an analyst with Crowell, Weedon in Los Angeles. "If a bid <ei806>materializes</ei806> at that price, shareholders will have every reason to be <ei807>glad</ei807>, but the question of financing still <ei808>remains</ei808>." <t193>Last April</t193>, Mr. Drabinsky and a group of financial backers <ei809>planned</ei809> to <ei810>acquire</ei810> up to 30.2% of Cineplex for C$17.50 a share from Bronfman associates. Mr. Drabinsky, who would have <ei811>had</ei811> the <ei862>right</ei862> to <ei813>vote</ei813> those shares for <t201>two years</t201>, <ei814>said</ei814> the <ei815>purchase</ei815>, subsequently <ei816>rejected</ei816> by regulators, was <ei817>aimed</ei817> at <ei818>consolidating</ei818> his <ei819>control</ei819> of the company. | [
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wsj_0938_3 | Documents Creation Time: <t177>10/26/89</t177> Mr. Drabinsky, who would have <ei811>had</ei811> the <ei862>right</ei862> to <ei813>vote</ei813> those shares for <t201>two years</t201>, <ei814>said</ei814> the <ei815>purchase</ei815>, subsequently <ei816>rejected</ei816> by regulators, was <ei817>aimed</ei817> at <ei818>consolidating</ei818> his <ei819>control</ei819> of the company. MCA strongly <ei820>opposed</ei820> the Drabinsky group's move. The directors did n't <ei821>indicate</ei821> the source of financing for Mr. Drabinsky's new proposal, but <ei822>said</ei822> MCA and the Bronfman associates <ei823>agreed</ei823> in principle to <ei824>buy</ei824> for $57 million and then <ei825>lease</ei825> back to Cineplex its 18-screen theater complex in Universal City, Calif., if Mr. Drabinsky <ei826>succeeds</ei826> in an offer. "This is being <ei827>done</ei827> at the <ei828>suggestion</ei828> of {Mr. Drabinsky} and to <ei829>accommodate</ei829> him, to <ei830>facilitate</ei830> his financing <ei831>arrangements</ei831>," Ms. Kolber <ei832>said</ei832>. In addition, the directors <ei833>said</ei833> if a bid by Mr. Drabinsky is <ei834>successful</ei834>, Cineplex <ei835>expects</ei835> Rank Organisation PLC to <ei836>acquire</ei836> the 51% of Cineplex's Film House unit it doesn't <ei837>own</ei837>, and <ei838>provide</ei838> Mr. Drabinsky with additional loan financing. | [
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wsj_0938_4 | Documents Creation Time: <t177>10/26/89</t177> In addition, the directors <ei833>said</ei833> if a bid by Mr. Drabinsky is <ei834>successful</ei834>, Cineplex <ei835>expects</ei835> Rank Organisation PLC to <ei836>acquire</ei836> the 51% of Cineplex's Film House unit it doesn't <ei837>own</ei837>, and <ei838>provide</ei838> Mr. Drabinsky with additional loan financing. Michael Gifford, Rank's chief executive, <ei839>said</ei839> the British theater chain's total involvement "would n't <ei840>exceed</ei840> $100 million" but <ei841>declined</ei841> to <ei842>give</ei842> a breakdown between the loan financing and the proposed Film House purchase. Cineplex shareholders <ei843>responded</ei843> coolly to <t212>yesterday</t212>'s <ei844>announcement</ei844>. In <ei845>trading</ei845> on the New York Stock Exchange, Cineplex <ei846>closed</ei846> at <ei847>$11</ei847>, down 25 cents, with more than a million shares changing hands. On the Toronto Stock Exchange, Cineplex <ei848>closed</ei848> at <ei849>C$12.875</ei849>, off 37.5 Canadian cents, well below the C$16.40 level. | [
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wsj_0938_5 | Documents Creation Time: <t177>10/26/89</t177> On the Toronto Stock Exchange, Cineplex <ei848>closed</ei848> at <ei849>C$12.875</ei849>, off 37.5 Canadian cents, well below the C$16.40 level. "Where's the bid?" asked Pierre Panet-Raymond, an analyst and broker with Toronto securities dealer McDermid St. Lawrence Ltd. Mr. Panet-Raymond <ei850>said</ei850> he does n't <ei851>think</ei851> Messrs. Drabinsky and Gottlieb are "anywhere <ei852>close</ei852>" to <ei853>arranging</ei853> <ei854>financing</ei854> and that investors will <ei855>need</ei855> a solid <ei856>offer</ei856> before the stock <ei857>begins</ei857> to <ei858>rise</ei858> again. Mr. Drabinsky could n't be <ei859>reached</ei859> for comment. | [
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wsj_0904_0 | Documents Creation Time: <t50>10/26/89</t50> CPQ COMPUTERS AND INFORMATION TECHNOLOGY (CPR) EARNINGS (ERN) HOUSTON Compaq Computer Corp. <ei351>said</ei351> that its net income <ei352>rose</ei352> 51% in <t106>the third quarter</t106>, <ei353>bolstered</ei353> by unusual <ei354>gains</ei354> from its <ei355>investment</ei355> in a disk-drive maker and reflecting continued <ei356>growth</ei356> in its European <ei357>operations</ei357>. The computer maker <ei358>said</ei358> net <ei359>jumped</ei359> to <ei392>$87</ei392> million, or $2.02 a share, from <ei393>$58</ei393> million, or $1.40 a share, <t58>a year earlier</t58>. Sales <ei362>increased</ei362> 36% to <ei394>$683</ei394> million from <ei395>$502</ei395> million. <t64>The latest quarter</t64>'s <ei365>results</ei365>, however , included a pretax <ei366>gain</ei366> of $13.7 million, or 20 cents a share, in the carrying value of the company's <ei367>investment</ei367> in Conner Peripherals Inc. and a $7.6 million <ei368>gain</ei368>, or 11 cents a share, from the <ei369>sale</ei369> of one million Conner shares. Net for <t68>the nine months</t68> was <ei396>$254</ei396> million, or $5.94 a share, up 56% from <ei397>$163</ei397> million, or $4.06 a share, <t72>a year earlier</t72>. | [
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wsj_0904_1 | Documents Creation Time: <t50>10/26/89</t50> Net for <t68>the nine months</t68> was <ei396>$254</ei396> million, or $5.94 a share, up 56% from <ei397>$163</ei397> million, or $4.06 a share, <t72>a year earlier</t72>. Sales <ei372>rose</ei372> 50% to <ei398>$2.1</ei398> billion from <ei399>$1.4</ei399> billion. Net for <t247>the year-earlier nine months</t247> also included a <ei375>gain</ei375> of $9.7 million, or 15 cents a share, in the carrying value of the Conner <ei376>investment</ei376>. Michael Swavely, president of Compaq's North America division, <ei377>attributed</ei377> the company's <t82>third-quarter</t82> <ei378>performance</ei378> to continued <ei379>increases</ei379> in international sales, which accounted for 43% of the company's sales, a 74% <ei380>increase</ei380> from <t83>a year earlier</t83>. "Over <t86>the next couple of years</t86> we would not be <ei381>surprised</ei381> to <ei382>see</ei382> Europe and international {sales} <ei383>represent</ei383> 50% of the company's revenues," he <ei384>said</ei384>. | [
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wsj_0904_2 | Documents Creation Time: <t50>10/26/89</t50> "Over <t86>the next couple of years</t86> we would not be <ei381>surprised</ei381> to <ei382>see</ei382> Europe and international {sales} <ei383>represent</ei383> 50% of the company's revenues," he <ei384>said</ei384>. During <t87>the third quarter</t87>, Compaq <ei385>purchased</ei385> a former Wang Laboratories manufacturing facility in Stirling, Scotland, which will be <ei386>used</ei386> for international service and repair operations. Mr. Swavely <ei387>said</ei387> the new space will <ei388>allow</ei388> Compaq to <ei389>increase</ei389> the manufacturing capacity of its plant in Erskine, Scotland. In New York Stock Exchange composite trading <t91>yesterday</t91>, Compaq shares <ei390>fell</ei390> $1.625 to <ei391>$108.625</ei391>. | [
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wsj_1039_0 | Documents Creation Time: <t15>10/26/89</t15> AMH EARNINGS (ERN) COMPUTERS AND INFORMATION TECHNOLOGY (CPR) Amdahl Corp., a maker of mainframe computers, <ei121>reported</ei121> a sharp <ei122>decline</ei122> in net <ei123>income</ei123> for its <t17>third quarter</t17>, <ei124>citing</ei124> <ei125>pricecutting</ei125> by competitors and adverse effects from a strong U.S. dollar. Net income <ei126>fell</ei126> 37% to <ei141>$32.9</ei141> million, or 30 cents a share, from <ei142>$52.2</ei142> million, or 48 cents a share, in <t21>the year-ago period</t21>. Revenue <ei129>rose</ei129> 15% to <ei143>$534.3</ei143> million from <ei144>$464.7</ei144> million. Amdahl's <ei132>results</ei132> were somewhat worse than <ei133>expected</ei133>. Jay Stevens, an analyst with Dean Witter Reynolds, <ei134>said</ei134> he <ei135>expected</ei135> the Sunnyvale, Calif., company to <ei136>earn</ei136> 35 cents a share for <t22>the quarter</t22> and <ei137>said</ei137> the firm's weaker <ei138>profit</ei138> was partly the <ei139>result</ei139> of <ei140>increased</ei140> competition from International Business Machines Corp., Amdahl's principal competitor for mainframe sales. | [
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wsj_1011_0 | Documents Creation Time: <t57>10/26/89</t57> DAL AWAL EARNINGS (ERN) AIRLINES (AIR) Delta Air Lines earnings <ei2013>soared</ei2013> 33% to a record in <t58>the fiscal first quarter</t58>, <ei2014>bucking</ei2014> the industry trend toward <ei2015>declining</ei2015> profits. The Atlanta-based airline, the third largest in the U.S., <ei2016>attributed</ei2016> the <ei2017>increase</ei2017> to higher passenger <ei2018>traffic</ei2018>, new international routes and reduced <ei2019>service</ei2019> by rival Eastern Airlines, which is in bankruptcy <ei2020>proceedings</ei2020> in the wake of a <ei2021>strike</ei2021> that <ei2022>began</ei2022> <t60>last spring</t60>. For <t65>the quarter</t65> <ei2023>ended</ei2023> <t63>Sept. 30</t63>, Delta <ei2024>posted</ei2024> net income of <ei2066>$133.1</ei2066> million, or $2.53 a share, up from <ei2067>$100</ei2067> million, or $2.03 a share, <t64>a year earlier</t64>. Revenue <ei2027>rose</ei2027> 15% to <ei2068>$2.17</ei2068> billion from <ei2069>$1.89</ei2069> billion. During <t70>the quarter</t70>, Delta <ei2030>issued</ei2030> 2.5 million shares of common stock to Swissair, and <ei2031>repurchased</ei2031> 1.1 million shares for <ei2032>use</ei2032> in a company employee stock ownership plan. | [
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wsj_1011_1 | Documents Creation Time: <t57>10/26/89</t57> During <t70>the quarter</t70>, Delta <ei2030>issued</ei2030> 2.5 million shares of common stock to Swissair, and <ei2031>repurchased</ei2031> 1.1 million shares for <ei2032>use</ei2032> in a company employee stock ownership plan. "The key to Delta's record earnings <ei2033>continued</ei2033> to be excellent passenger revenue <ei2065>growth</ei2065>," <ei2035>said</ei2035> Thomas Roeck, chief financial officer. Passenger <ei2036>traffic</ei2036> <ei2037>jumped</ei2037> 14% in the quarter, while profit per passenger <ei2038>grew</ei2038> 2%. Delta has <ei2039>benefited</ei2039> more than other carriers from the weakness of Eastern Airlines, which <ei2040>shares</ei2040> the Atlanta hub. Although Eastern is <ei2041>back</ei2041> to about 80% of its pre-strike schedule <t73>now</t73>, the Texas Air Corp. subsidiary was only <ei2042>beginning</ei2042> to <ei2043>get</ei2043> back on its feet during <t74>the quarter</t74>. | [
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wsj_1011_2 | Documents Creation Time: <t57>10/26/89</t57> Although Eastern is <ei2041>back</ei2041> to about 80% of its pre-strike schedule <t73>now</t73>, the Texas Air Corp. subsidiary was only <ei2042>beginning</ei2042> to <ei2043>get</ei2043> back on its feet during <t74>the quarter</t74>. Separately, America West Airlines, Phoenix, Ariz., <ei2044>reported</ei2044> <t79>third-quarter</t79> profit <ei2045>jumped</ei2045> 45% to <ei2070>$5.8</ei2070> million, or 28 cents a share, from <ei2071>$4</ei2071> million, or 24 cents a share, <t88>a year earlier</t88>. The latest <ei2048>results</ei2048> include a $2.6 million one-time <ei2049>payment</ei2049> from a "foreign entity." America West would n't <ei2050>identify</ei2050> the entity, but <ei2051>said</ei2051> the <ei2052>payment</ei2052> was for the foreign company's <ei2053>use</ei2053> of certain tax benefits in connection with America West plane purchases. <t80>Year-earlier</t80> <ei2054>results</ei2054> included an extraordinary <ei2055>gain</ei2055> of $1.6 million from a <ei2056>buy-back</ei2056> of convertible subordinated debentures. | [
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wsj_1011_3 | Documents Creation Time: <t57>10/26/89</t57> <t80>Year-earlier</t80> <ei2054>results</ei2054> included an extraordinary <ei2055>gain</ei2055> of $1.6 million from a <ei2056>buy-back</ei2056> of convertible subordinated debentures. Revenue <ei2057>rose</ei2057> 21% to <ei2072>$243.4</ei2072> million from <ei2073>$201.2</ei2073> million. For <t87>the nine months</t87>, America West <ei2060>posted</ei2060> earnings of $18.9 million, or 97 cents a share, compared with a <ei2061>loss</ei2061> of $9.7 million, or 74 cents a share, <t89>a year earlier</t89>. Revenue <ei2062>rose</ei2062> 27% to <ei2074>$715.1</ei2074> million from <ei2075>$563.8</ei2075> million. | [
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wsj_0124_0 | Documents Creation Time: <t21>11/02/89</t21> CDL WNEWS EARNINGS (ERN) GLENDALE, Calif. William C. Walbrecher Jr., an executive at San Francisco-based 1st Nationwide Bank, was <ei307>named</ei307> president and chief executive officer of Citadel Holding Corp. and its principal operating unit, Fidelity Federal Bank. The <ei310>appointment</ei310> <ei311>takes</ei311> <ei312>effect</ei312> <t23>Nov. 13</t23>. He <ei313>succeeds</ei313> James A. Taylor, who <ei314>stepped</ei314> down as chairman, president and chief executive in <t27>March</t27> for health reasons. Edward L. Kane <ei318>succeeded</ei318> Mr. Taylor as <ei319>chairman</ei319>. Separately, Citadel <ei320>posted</ei320> a <t29>third-quarter</t29> net <ei321>loss</ei321> of $2.3 million, or 68 cents a share, versus net <ei322>income</ei322> of $5.3 million, or $1.61 a share, <t31>a year earlier</t31>. | [
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wsj_0124_1 | Documents Creation Time: <t21>11/02/89</t21> Separately, Citadel <ei320>posted</ei320> a <t29>third-quarter</t29> net <ei321>loss</ei321> of $2.3 million, or 68 cents a share, versus net <ei322>income</ei322> of $5.3 million, or $1.61 a share, <t31>a year earlier</t31>. The latest <ei323>results</ei323> <ei324>include</ei324> some unusual <ei325>write-downs</ei325>, which had an after-tax impact of $4.9 million. Those <ei326>included</ei326> costs associated with the potential Valley Federal Savings and Loan Association <ei327>acquisition</ei327>, which was <ei328>terminated</ei328> on <t36>Sept. 27, 1989</t36>. In addition, operating <ei329>results</ei329> were <ei330>hit</ei330> by an <ei331>increase</ei331> in loan and real estate loss reserves. In American Stock Exchange composite trading, Citadel shares <ei332>closed</ei332> <t37>yesterday</t37> at $45.75, down 25 cents. | [
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wsj_0695_0 | Documents Creation Time: <t27>10/27/89</t27> GPO RLLY TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) A group of investors led by Giant Group Ltd. and its chairman, Burt Sugarman, <ei150>said</ei150> it <ei151>filed</ei151> with federal antitrust regulators for <ei152>clearance</ei152> to <ei153>buy</ei153> more than 50% of the stock of Rally's Inc., a fast-food company based in Louisville, Ky. Rally's operates and franchises about 160 fast-food restaurants throughout the U.S. The company <ei154>went</ei154> public earlier <t79>this month</t79>, <ei155>offering</ei155> 1,745,000 shares of common stock at $15 a share. Giant has interests in cement making and newsprint. The investor group includes Restaurant Investment Partnership, a California general partnership, and three Rally's directors: Mr. Sugarman, James M. Trotter III and William E. Trotter II. The group currently holds 3,027,330 Rally's shares, or 45.2% of its commmon shares outstanding. | [
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wsj_0695_1 | Documents Creation Time: <t27>10/27/89</t27> The group currently holds 3,027,330 Rally's shares, or 45.2% of its commmon shares outstanding. Giant Group <ei156>owned</ei156> 22% of Rally's shares before the initial public <ei157>offering</ei157>. A second group of three company directors, aligned with Rally's founder James Patterson, also is <ei158>seeking</ei158> <ei159>control</ei159> of the fast-food chain. It is estimated that the Patterson group <ei160>controls</ei160> more than 40% of Rally's stock. Rally officials weren't <ei161>available</ei161> to <ei162>comment</ei162> <t37>late yesterday</t37>. | [
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wsj_0695_2 | Documents Creation Time: <t27>10/27/89</t27> Rally officials weren't <ei161>available</ei161> to <ei162>comment</ei162> <t37>late yesterday</t37>. For <t39>the year</t39> ended <t40>July 2</t40>, Rally <ei163>had</ei163> net income of $2.4 million, or 34 cents a share, on revenue of $52.9 million. | [
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wsj_0332_0 | Documents Creation Time: <t39>11/01/89</t39> F.ORK EUROP U.CTB TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) CHEMICALS, PLASTICS (CHM) Orkem S.A., a French state-controlled chemical manufacturer, is <ei154>making</ei154> a friendly <ei155>bid</ei155> of 470 pence ($7.43) a share for the 59.2% of U.K. specialty chemical group Coates Brothers PLC which it does n't already <ei156>own</ei156>, the two sides <ei157>said</ei157>. The <ei158>offer</ei158>, which values the whole of Coates at #301 million, has already been <ei159>accepted</ei159> by Coates executives and other shareholders owning 12.4% of the company. The <ei160>acceptances</ei160> <ei161>give</ei161> Orkem a controlling 53.2% <ei162>stake</ei162> in the company. Orkem and Coates <ei163>said</ei163> <t50>last Wednesday</t50> that the two were <ei164>considering</ei164> a <ei165>merger</ei165>, through Orkem's British subsidiary, Orkem Coatings U.K. Ltd. Orkem, France's third-largest chemical group, <ei166>said</ei166> it would <ei167>fund</ei167> the <ei168>acquisition</ei168> through internal resources. The <ei169>takeover</ei169> would be followed by a <ei170>restructuring</ei170> of Orkem's U.K. unit, including the <ei171>addition</ei171> of related Orkem businesses and possibly further <ei172>acquisitions</ei172>. | [
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wsj_0332_1 | Documents Creation Time: <t39>11/01/89</t39> The <ei169>takeover</ei169> would be followed by a <ei170>restructuring</ei170> of Orkem's U.K. unit, including the <ei171>addition</ei171> of related Orkem businesses and possibly further <ei172>acquisitions</ei172>. Orkem <ei173>said</ei173> it eventually would <ei174>seek</ei174> to <ei175>make</ei175> a public share <ei176>offering</ei176> in its U.K. business. | [
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wsj_1038_0 | Documents Creation Time: <t45>10/26/89</t45> BENJ Benjamin Franklin Federal Savings amp Loan Association <ei1989>said</ei1989> it <ei1990>plans</ei1990> to <ei1991>restructure</ei1991> in the wake of a <t59>third-quarter</t59> <ei1992>loss</ei1992> of $7.7 million, or $1.01 a share, <ei1993>reflecting</ei1993> an $11 million <ei1994>addition</ei1994> to loan-loss reserves. The Portland, Ore., thrift <ei1995>said</ei1995> the restructuring should <ei1996>help</ei1996> it <ei1997>meet</ei1997> new capital standards from the Financial Institution Reform, Recovery and Enforcement Act. <t96>A year ago</t96>, Benjamin Franklin had <ei1998>profit</ei1998> of $1.8 million, or 23 cents a share. In over-the-counter <ei1999>trading</ei1999> <t101>yesterday</t101>, Benjamin Franklin <ei2000>rose</ei2000> 25 cents to $4.25. The company <ei2001>said</ei2001> the restructuring's initial phase will <ei2002>feature</ei2002> a gradual reduction in assets and staff positions. | [
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wsj_1038_1 | Documents Creation Time: <t45>10/26/89</t45> The company <ei2001>said</ei2001> the restructuring's initial phase will <ei2002>feature</ei2002> a gradual reduction in assets and staff positions. The <ei2003>plan</ei2003> may <ei2004>include</ei2004> <ei2005>selling</ei2005> branches, <ei2006>consolidating</ei2006> or <ei2007>eliminating</ei2007> departments, and <ei2008>winding</ei2008> down or <ei2009>disposing</ei2009> of unprofitable units <t140>within 18 months</t140>. Initially, the company <ei2010>said</ei2010> it will <ei2011>close</ei2011> its commercial real-estate lending division, and <ei2012>stop</ei2012> <ei2013>originating</ei2013> new leases at its commercial lease subsidiary. Details of the restructuring wo n't be <ei2014>made</ei2014> final until regulators <ei2015>approve</ei2015> the regulations <ei2016>mandated</ei2016> by the new federal act, the company <ei2017>said</ei2017>. | [
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wsj_0520_0 | Documents Creation Time: <t76>10/30/89</t76> NSH TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) BUYBACKS, REDEMPTIONS, SWAP OFFERS (BBK) NASHUA, N.H. Nashua Corp., <ei1990>rumored</ei1990> a potential takeover target for <t77>six months</t77>, <ei1991>said</ei1991> that a Dutch company has <ei1992>sought</ei1992> U.S. <ei1993>approval</ei1993> to <ei1994>buy</ei1994> up to 25% of Nashua's shares. Nashua immediately <ei1995>responded</ei1995> by <ei1996>strengthening</ei1996> a poison-pill plan and <ei1997>saying</ei1997> it will <ei1998>buy</ei1998> back up to one million of its shares, or 10.4% of the 9.6 million outstanding. Nashua, whose major business is selling copiers, facsimile machines and related supplies, <ei1999>said</ei1999> Reiss amp Co. B.V. of the Netherlands <ei2000>filed</ei2000> a <ei2001>request</ei2001> with the Federal Trade Commission under the Hart-Scott-Rodino Act for <ei2002>permission</ei2002> to <ei2003>buy</ei2003> more than $15 million of Nashua's stock but less than 25%. Previously, an affiliate of Unicorp Canada <ei2004>disclosed</ei2004> a stake of less than 5% in Nashua, <ei2005>according</ei2005> to Daniel M. Junius, Nashua's treasurer. Nashua's stock has <ei2006>fluctuated</ei2006> sharply on takeover speculation, <ei2007>rising</ei2007> to a high for <t88>the year</t88> of <ei2039>$42.875</ei2039> a share in <t89>June</t89> from <ei2009>$29.75</ei2009> in <t90>March</t90>. | [
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wsj_0520_1 | Documents Creation Time: <t76>10/30/89</t76> Nashua's stock has <ei2006>fluctuated</ei2006> sharply on takeover speculation, <ei2007>rising</ei2007> to a high for <t88>the year</t88> of <ei2039>$42.875</ei2039> a share in <t89>June</t89> from <ei2009>$29.75</ei2009> in <t90>March</t90>. But the company has <ei2010>had</ei2010> weak <ei2011>results</ei2011> so far <t92>this year</t92>, with <ei2012>earnings</ei2012> <ei2013>declining</ei2013> 43% to <ei2041>$13.7</ei2041> million, or $1.43 a share, on a 4% decline in <ei2015>revenue</ei2015> to <ei2040>$713.5</ei2040> million through the <t100>first nine months</t100> of <t1000>the year</t1000>. Its stock has <ei2017>slumped</ei2017> <t101>recently</t101> , <ei2018>closing</ei2018> unchanged <t103>Friday</t103> at $29 a share in composite trading on the New York Stock Exchange; at that price, the company has a market value of about $278.4 million. Nashua <ei2020>announced</ei2020> the Reiss <ei2021>request</ei2021> after the <ei2022>market</ei2022> <ei2023>closed</ei2023>. Mr. Junius <ei2024>said</ei2024> Nashua's "<ei2025>intention</ei2025> is to <ei2026>remain</ei2026> an independent public company." | [
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wsj_0520_2 | Documents Creation Time: <t76>10/30/89</t76> Mr. Junius <ei2024>said</ei2024> Nashua's "<ei2025>intention</ei2025> is to <ei2026>remain</ei2026> an independent public company." The company <ei2027>said</ei2027> it <ei2028>amended</ei2028> its shareholder rights plan by <ei2029>reducing</ei2029> to 10% from 20% the level of ownership by an outsider that would trigger the issuance to other holders of rights to buy additional shares of Nashua common at half price. In addition, the company's board <ei2030>authorized</ei2030> the <ei2031>purchase</ei2031> of up to an additional one million shares. Under a <ei2032>program</ei2032> <ei2033>approved</ei2033> by the company in <t109>1987</t109> that did n't specify a share amount, Nashua had <ei2034>purchased</ei2034> 481,000 shares through <t111>Sept. 29</t111>. Alex Henderson, an analyst at Prudential-Bache Securities, <ei2035>said</ei2035> that while Nashua's performance <t112>this year</t112> has been "<ei2036>atrocious</ei2036>," the company nonetheless is attractive as a "classic breakup candidate because there's no similarity between its {four} businesses." | [
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wsj_0520_3 | Documents Creation Time: <t76>10/30/89</t76> Alex Henderson, an analyst at Prudential-Bache Securities, <ei2035>said</ei2035> that while Nashua's performance <t112>this year</t112> has been "<ei2036>atrocious</ei2036>," the company nonetheless is attractive as a "classic breakup candidate because there's no similarity between its {four} businesses." He <ei2037>estimated</ei2037> the breakup <ei2038>value</ei2038> at $55 a share. In addition to selling Japanese-made photocopiers and facsimile machines in Europe and copier supplies in the U.S., Nashua has three other major businesses: labels and tapes, data storage disks for computers and mail-order photofinishing. | [
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wsj_0534_0 | Documents Creation Time: <t14>10/30/89</t14> CNC BUYBACKS, REDEMPTIONS, SWAP OFFERS (BBK) CARMEL, Ind. Conseco Inc. <ei87>said</ei87> it is <ei88>calling</ei88> for the <ei89>redemption</ei89> on <t15>Dec. 7</t15> of all the 800,000 remaining shares outstanding of its $1.875 Series A convertible preferred stock at $26.805 a share. The insurance concern <ei90>said</ei90> all conversion <ei91>rights</ei91> on the stock will <ei92>terminate</ei92> on <t18>Nov. 30</t18>. Until <t22>then</t22>, Conseco <ei93>said</ei93> the stock <ei94>remains</ei94> convertible into common stock at the rate of 1.439 shares of common stock for each share of preferred stock, which is equivalent to a conversion price of $17.50 a common share. In New York Stock Exchange trading <t19>Friday</t19>, Conseco <ei95>closed</ei95> at <ei96>$19.50</ei96>, down 25 cents. | [
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APW19980501.0480_0 | Documents Creation Time: <t136>05/01/1998 09:13:00</t136> MALAYSIA'S aggressive <ei243>move</ei243> into the information age could not <ei244>come</ei244> in a more opportune <t138>time</t138>. With the <ei245>convergence</ei245> of communications and information technologies (IT) coupled with the <ei246>coming</ei246> of age for the Internet and its related technologies, the stage is <ei247>set</ei247> for Malaysians to <ei248>seize</ei248> the chance to <ei249>transform</ei249> into a knowledge society and <ei250>become</ei250> worthy opponents/players in the global market space. The Internet, the global network of computers, is now far <ei252>reaching</ei252> into the country - <ei253>extending</ei253> its embrace to <ei254>include</ei254> every nook and cranny of the nation - <ei255>opening</ei255> doors to not only a diverse range of information sources but also an exhaustive list of possibilities to <ei256>create</ei256> new applications which <ei257>add</ei257> value to people's lives. In the business world, the Internet - through intranet and extranet solutions - has <ei258>become</ei258> an invaluable <ei259>tool</ei259> for companies to harness so as to <ei260>gain</ei260> a competitive edge. The solutions are also vital components in <ei261>developing</ei261> the borderless marketing flagship application which is a vital element for <ei262>spearheading</ei262> the <ei263>development</ei263> of the Multimedia Super Corridor (MSC) project. | [
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APW19980501.0480_1 | Documents Creation Time: <t136>05/01/1998 09:13:00</t136> The solutions are also vital components in <ei261>developing</ei261> the borderless marketing flagship application which is a vital element for <ei262>spearheading</ei262> the <ei263>development</ei263> of the Multimedia Super Corridor (MSC) project. The application will <ei264>create</ei264> the necessary framework and infrastructure to <ei265>support</ei265> electronic commerce (e-commerce) <ei266>initiatives</ei266> in the country. However, it is important to note that <ei267>installing</ei267> or <ei268>implementing</ei268> Internet technologies for technology's sake would not <ei269>ensure</ei269> instant <ei270>success</ei270>. For e-commerce to <ei271>flourish</ei271> with full-blown end-to-end business <ei272>transactions</ei272>, strategic <ei273>planning</ei273> which incorporates both business and technology plans that are complementary is <ei274>necessary</ei274> for an organisation to <ei275>see</ei275> feasible returns on investment. Intranets, through the use of Internet technology, are <ei276>positioned</ei276> as a platform for companies to <ei277>optimise</ei277>, <ei278>expand</ei278> and <ei279>transform</ei279> new channels of business. | [
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APW19980501.0480_2 | Documents Creation Time: <t136>05/01/1998 09:13:00</t136> Intranets, through the use of Internet technology, are <ei276>positioned</ei276> as a platform for companies to <ei277>optimise</ei277>, <ei278>expand</ei278> and <ei279>transform</ei279> new channels of business. When strategically <ei280>implemented</ei280>, an intranet solution will <ei281>provide</ei281> the ability to <ei282>mediate</ei282> mission-critical, decision support functions in organisations. It will also <ei283>help</ei283> further <ei284>improve</ei284> <ei285>communications</ei285> and <ei286>collaboration</ei286> at all levels in an organisation. With intranets in <ei287>place</ei287>, it is only logical for organisations to respectively <ei288>link</ei288> the network to other companies' for extended business purposes through extranets. While this will <ei289>enable</ei289> the sharing of information among enterprises, security issues such as firewalls and encryption as well as access and control procedures, and the trust levels that enterprises have with each other will <ei290>emerge</ei290> and there will be a <ei291>need</ei291> to <ei292>address</ei292> them. | [
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APW19980501.0480_3 | Documents Creation Time: <t136>05/01/1998 09:13:00</t136> While this will <ei289>enable</ei289> the sharing of information among enterprises, security issues such as firewalls and encryption as well as access and control procedures, and the trust levels that enterprises have with each other will <ei290>emerge</ei290> and there will be a <ei291>need</ei291> to <ei292>address</ei292> them. Other than <ei293>usage</ei293> in business, Internet technology is also <ei294>beginning</ei294> to <ei295>infiltrate</ei295> the lifestyle domain. ``Smart homes'' have <ei296>emerged</ei296> <ei297>bringing</ei297> a wealth of information and entertainment to families over telecommunications lines. The art of socialising is also <ei298>experiencing</ei298> a <ei299>change</ei299> where Net/virtual relationships are fast <ei300>overtaking</ei300> or <ei301>becoming</ei301> parallel with the normal human relationships. Whether this would <ei302>prove</ei302> positive or otherwise towards society in <t153>the future</t153> is yet to be <ei303>seen</ei303>. | [
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APW19980501.0480_4 | Documents Creation Time: <t136>05/01/1998 09:13:00</t136> Whether this would <ei302>prove</ei302> positive or otherwise towards society in <t153>the future</t153> is yet to be <ei303>seen</ei303>. All in all, the Internet <ei304>has</ei304> a lot to <ei305>offer</ei305>. However, its value and benefits are only as good as how we <ei306>use</ei306> it. Copyright 1998 NEW STRAITS TIMES-MANAGEMENT TIMES all rights reserved as distributed by WorldSources, Inc. (PROFILE (WS SL:SETTING-THE-STAGE sked; CT:w; (REG:ENGL;) (LANG:ENGLISH;)) ) AP-NY-05-01-98 0913EDT | [
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wsj_0736_0 | Documents Creation Time: <t61>10/27/89</t61> PKPS TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) POUGHKEEPSIE, N.Y. Poughkeepsie Savings Bank <ei282>said</ei282> a <ei283>plan</ei283> to <ei284>sell</ei284> its South Carolina branch offices to First Citizens Bank, of Columbia, S.C., <ei285>fell</ei285> through. Poughkeepsie also <ei286>expects</ei286> to <ei287>post</ei287> a one-time charge of $8.3 million, <ei288>resulting</ei288> in a net <ei289>loss</ei289> for <t62>the third quarter</t62>. The charge represents a write-down of the goodwill associated with Poughkeepsie's investment in the banks it is <ei290>trying</ei290> to <ei291>sell</ei291> and its North Carolina branches as well. The thrift <ei292>announced</ei292> the <ei293>plan</ei293> <t63>Aug. 21</t63>. Among other reasons, high fees regulators imposed on certain transfers of thrift deposits to commercial banks "substantially <ei294>altered</ei294> the economics of the <ei295>transaction</ei295> for both parties," Poughkeepsie <ei296>said</ei296>. | [
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wsj_0736_1 | Documents Creation Time: <t61>10/27/89</t61> Among other reasons, high fees regulators imposed on certain transfers of thrift deposits to commercial banks "substantially <ei294>altered</ei294> the economics of the <ei295>transaction</ei295> for both parties," Poughkeepsie <ei296>said</ei296>. Additionally, the bank is <ei297>increasing</ei297> its loan-loss <ei298>reserves</ei298> for <t64>the third quarter</t64> by $8.5 million before taxes. In <t65>the year-earlier third quarter</t65>, Poughkeepsie Savings <ei300>had</ei300> net <ei301>income</ei301> of $2.8 million, or 77 cents a share. Poughkeepsie <ei302>said</ei302> it is <ei303>continuing</ei303> to <ei304>try</ei304> to <ei305>sell</ei305> itself, under a <t66>June</t66> <ei306>agreement</ei306> with a dissident-shareholder group. The bank also <ei307>said</ei307> its <ei308>effort</ei308> would <ei309>continue</ei309> past the <t67>Nov. 1</t67> deadline <ei310>set</ei310> in that <ei311>agreement</ei311> and that the <ei312>litigation</ei312> between the two sides might <ei313>resume</ei313> as a <ei314>result</ei314>. | [
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wsj_0736_2 | Documents Creation Time: <t61>10/27/89</t61> The bank also <ei307>said</ei307> its <ei308>effort</ei308> would <ei309>continue</ei309> past the <t67>Nov. 1</t67> deadline <ei310>set</ei310> in that <ei311>agreement</ei311> and that the <ei312>litigation</ei312> between the two sides might <ei313>resume</ei313> as a <ei314>result</ei314>. The thrift and the holders had <ei315>suspended</ei315> their <ei316>lawsuits</ei316> as part of the <ei317>agreement</ei317>. | [
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wsj_0713_0 | Documents Creation Time: <t26>10/27/89</t26> EUROP DRSDY F.SGF TENDER OFFERS, MERGERS, ACQUISITIONS (TNM) BANKS (BNK) FRANKFURT, West Germany West German and French authorities have <ei120>cleared</ei120> Dresdner Bank AG's <ei121>takeover</ei121> of a majority stake in Banque Internationale de Placement (BIP), Dresdner Bank <ei122>said</ei122>. The <ei123>approval</ei123>, which had been <ei124>expected</ei124>, <ei125>permits</ei125> West Germany's second-largest bank to <ei126>acquire</ei126> shares of the French investment bank. In a first step, Dresdner Bank will <ei127>buy</ei127> 32.99% of BIP for 1,015 French francs ($162) a share, or 528 million francs ($84.7 million). Dresdner Bank <ei128>said</ei128> it will also <ei129>buy</ei129> all shares <ei130>tendered</ei130> by shareholders on the Paris Stock Exchange at the same price from <t27>today</t27> through <t28>Nov. 17</t28>. In addition, the bank <ei131>has</ei131> an <ei132>option</ei132> to <ei133>buy</ei133> a 30.84% stake in BIP from Societe Generale after <t29>Jan. 1, 1990</t29> at 1,015 francs a share. | [
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wsj_0263_0 | Documents Creation Time: <t13>11/01/89</t13> UNF DIVIDENDS (DIV) EARNINGS (ERN) UNIFIRST Corp. <ei2107>declared</ei2107> a 2-for-1 stock <ei2108>split</ei2108>. The Wilmington, Mass., garment service company also <ei2109>boosted</ei2109> its quarterly dividend 20% to three cents a share adjusted for the <ei2110>split</ei2110>. The dividend had been <ei2124>five</ei2124> cents a share. The split and quarterly dividend will be <ei2112>payable</ei2112> <t17>Jan. 3</t17> to stock of record <t18>Nov. 16</t18>, the company <ei2113>said</ei2113>. The <ei2114>split</ei2114> will <ei2115>raise</ei2115> the number of shares outstanding to about 10.2 million. | [
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wsj_0263_1 | Documents Creation Time: <t13>11/01/89</t13> The <ei2114>split</ei2114> will <ei2115>raise</ei2115> the number of shares outstanding to about 10.2 million. Separately, UniFirst <ei2117>reported</ei2117> that net income <ei2118>rose</ei2118> 21% to $3 million, or 29 cents a share adjusted for the <ei2119>split</ei2119>, for <t20>the fourth quarter</t20> <ei2120>ended</ei2120> <t19>Aug. 26</t19>. <t2096>A year earlier</t2096> UniFirst <ei2121>earned</ei2121> $2.4 million, or 24 cents a share adjusted for the <ei2122>split</ei2122>. Sales <ei2123>rose</ei2123> to $52.4 million from $50.1 million. | [
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