O dia 1 de março de 1995 foi um quarta-feira sob o signo de ♓. Foi o dia 59 do ano. O presidente dos Estados Unidos foi William J. (Bill) Clinton.
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1st of March 1995 News
Notícias como apareceu na primeira página do New York Times em 1 de março de 1995
Ashland-Waco Deal
Date: 02 March 1995
By Bloomberg News
Bloomberg News
Ashland Inc. said today that it had completed the acquisition of some assets of the Waco Oil and Gas Company for cash and about $40.5 million of stock. Ashland issued 1,250,623 shares of common stock valued at $40.5 million at a price of $32.375 each. The amount of cash was not disclosed. The company also said it had completed on Monday the previously announced acquisition of certain assets of the United Meridian Corporation of Houston. Terms were not disclosed, but an Ashland spokesman said the purchase was in cash.
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SHARES OF AST RESEARCH RISE ON PLAN BY SAMSUNG
Date: 01 March 1995
By Bloomberg News
Bloomberg News
Shares of AST Research Inc., a maker of personal computers based in Irvine, Calif., rose sharply yesterday after the Samsung Electronics Company of Korea said late Monday that it was buying a 40.25 percent stake in AST for $378 million. The move is expected to help AST resolve cash problems that it encountered after missing several crucial product introductions, resulting in a loss of $62.2 million in the first half of the 1995 fiscal year. Shares of AST rose $1.8125, to $16, in Nasdaq trading.
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SCHERER AND DERMA SCIENCES DROP BID FOR PROCYTE
Date: 02 March 1995
By Bloomberg News
Bloomberg News
Scherer Healthcare Inc. and Derma Sciences Inc. dropped their joint hostile takeover bid for the Procyte Corporation yesterday. The two companies said they still planned to explore a possible merger with each other. The move came five days after Scherer dismissed two top executives in a salary dispute and named its founder, Robert P. Scherer Jr., chief executive. Scherer, based in Atlanta, said yesterday that it had "higher priorities" than the takeover, though the company did not rule out a future bid for Procyte. Derma, based in Old Forge, Pa., said the expense of a proxy solicitation had contributed to the decision to drop the bid. In Nasdaq trading, shares of Scherer fell 62.5 cents, to $5.375, while those of Derma fell 6.25 cents, to $5. Shares of Procyte fell 25 cents, to $2.4375.
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GIBSON GREETINGS SHAREHOLDER SEEKS A POSSIBLE SALE
Date: 02 March 1995
By Bloomberg News
Bloomberg News
An investment firm that holds about 1 percent of the shares of Gibson Greetings Inc. is advising the company's board to consider selling the struggling company. "The company should make a good strategic fit with a number of larger consumer-oriented paper companies looking to expand their product offerings," David Katz, president and chief investment officer of Matrix Asset Advisors Inc. of New York, wrote in a letter sent to board members Tuesday night. The firm, which manages about $180 million in assets, also called for Gibson, based in Cincinnati, to make a "decisive" change in top management. Shares of Gibson rose 12.5 cents, to $9.50, in Nasdaq trading. The company's stock has fallen 71 percent since February 1992, when it reached a high of $32 a share.
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ST. JOE PAPER SHARES UP ON MOVE TO SELL ASSETS
Date: 02 March 1995
By Bloomberg News
Bloomberg News
Shares of the St. Joe Paper Company rose 14 percent to a new high yesterday, a day after the company put some assets up for sale. Shares of St. Joe gained $8.25, to $67.75, on the New York Stock Exchange. After the close of trading on Tuesday, the company said it would sell its phone unit, its sugar divisions and part of its paper business in response to a request by its majority shareholder. One analyst said the sales could raise as much as $850 million for St. Joe, which is 69 percent owned by the Alfred I. du Pont Testamentary Trust. In addition to the businesses put up for sale, St. Joe, based in Jacksonville, Fla., has real estate and railroad holdings.
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CHIRON CORP. (CHIR,NNM)
Date: 02 March 1995
By Bloomberg News
Bloomberg News
The Chiron Corporation reported a fourth-quarter loss yesterday after writing down two equity investments and paying fees for a partnership agreement with Ciba-Geigy A.G. The loss for Chiron, a biotechnology company based in Emeryville, Calif., totaled $4.2 million, or 13 cents a share, compared with net income of $5.5 million, or 16 cents a share, in the period a year earlier.
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New McGraw-Hill Unit
Date: 01 March 1995
By Bloomberg News
Bloomberg News
McGraw-Hill Inc. has formed a unit to consider opportunities for its information products and publications. The group combines Business Week magazine; the publication services group, with more than a million clients in computer, communications and other fields, and Tower Group International, a provider of trade management services.
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Stocks Fall Sharply in Japan
Date: 01 March 1995
By Bloomberg News
Bloomberg News
Stocks traded sharply lower here today amid concern about fallout from Barings P.L.C.'s $1 billion loss in derivatives linked to the Japanese market, as well as the yen's strength against the dollar. "People are worried about who else might be exposed to Barings' problems," said Kazuma Yoshimura, a trader at Nikko Securities.
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Dive in Stocks Tied to Firm
Date: 01 March 1995
By Bloomberg News
Bloomberg News
Several Nasdaq stocks underwritten by A. S. Goldmen & Company, a small New York brokerage firm, tumbled yesterday following failures by two other broker-dealers that underwrote or made markets in Nasdaq stocks. On Monday, Adler Coleman & Comapny filed for bankruptcy protection. Its capital was depleted by losses stemming from last week's collapse of Hanover Sterling & Company, another New York brokerage.
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Netcom Names a President
Date: 01 March 1995
By Bloomberg News
Bloomberg News
Netcom On-Line Communication Services Inc. said today that it had named David W. Garrison as president and chief operating officer. Mr. Garrison was formerly president of Skytel, a division of the Mobile Telecommunications Technologies Corporation.
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