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22nd of April 1992 News
Novice, kot so bile prikazane na prvi strani New York Timesa na 22. april 1992
THE 1992 CAMPAIGN: Independent; Perot Hires a Veteran Journalist To Act as His Press Spokesman
Date: 23 April 1992
By Steven A. Holmes
Steven Holmes
In a move that will further speculation that he intends to run for President, Ross Perot has hired a veteran journalist to act as his press spokesman. Aides to Mr. Perot said he had hired James Squires, the former editor of The Chicago Tribune and The Orlando Sentinel Star. Thomas W. Luce 3d, a Dallas lawyer and a long-time Perot aide who heads the petition drive for the Texas billionaire, said the volume of requests for interviews and personal appearances had grown too large and that a veteran journalist was needed to help sort things out.
Full Article
Teheran Journal; From the Back Seat in Iran, Murmurs of Unrest
Date: 23 April 1992
By Elaine Sciolino
Elaine Sciolino
Women in Iran ride in the back of the bus. They are banned from studying mechanics or electrical engineering, from traveling in the country without their husbands or fathers and from serving as judges because Islamic clerics call them too emotional. It is nearly impossible for a woman to initate divorce proceedings against her husband or to win custody of her children. By law, a woman's testimony in court is not given equal weight to a man's, and during the recent Iranian New Year women received 25 percent less than their male colleagues in annual bonuses.
Full Article
Ralston Purina
Date: 23 April 1992
By Bloomberg News
Bloomberg News
The Ralston Purina Company, citing a focus on its core businesses, said it was developing a plan to spin off its Continental Baking Company unit to shareholders. The plan, to be reviewed by Ralston's board on May 28, could include a dividend of up to $600 million from Continental. If approved, the spinoff will occur after tax, legal and financial issues are resolved. That means Continental Baking's shares would not be distributed for up to 12 months, Ralston said. Under the plan, each Ralston shareholder would receive a proportionate number of new shares in Continental. Ralston did not say how many shares would be issued.
Full Article
Avis Orders Saabs
Date: 22 April 1992
By Bloomberg News
Bloomberg News
Saab Automobile A.B. said it had received an order for 2,000 cars for delivery to Avis Europe this year and next. A spokesman for Saab said the order was the largest ever received by the Swedish auto maker from a rental company. Saab will deliver about 1,000 of its 900 and 9000 model cars to Avis Europe in 1992 and the rest in 1993. The value of the order was not disclosed by Saab or by Avis Europe P.L.C., based in Wales.
Full Article
MG Energy Sale
Date: 23 April 1992
By Bloomberg News
Bloomberg News
Metallgesellschaft A.G., one of Germany's 10 largest industrial companies, said it planned to sell stock in MG Energy, its United States energy unit. "It's not unrealistic that we will do a public offering this year," said Siegfried Hodapp, the president of the company's American division, the Metallgesellschaft Corporation. "We would rather do it sooner than later." Mr. Hodapp declined to say how much the company was hoping to raise or what percentage of MG Energy, whose operations including oil refining and marketing and natural gas, would be sold to the public.
Full Article
Tenneco Agrees To Suit Damages
Date: 22 April 1992
By Bloomberg News
Bloomberg News
Tenneco Inc. reached a definitive agreement to pay $50 million to settle shareholder lawsuits that accused the company of concealing critical financial information. The five class-action suits, filed last summer, contended that Tenneco officials had exaggerated the company's financial prospects to increase the sagging stock price.
Full Article
LTV Signs Pact On Sale of Units
Date: 23 April 1992
By Bloomberg News
Bloomberg News
The LTV Corporation signed a definitive agreement to sell its aircraft and missile businesses to Thomson-CSF and the Carlyle Group L.P., a Washington investment group, for $450 million. The transaction, expected to be completed by July 31, is contingent upon LTV and Thomson receiving Federal approval. Thomson is 60 percent owned by the French Government.
Full Article
Profits Rise At 3 Drug Companies
Date: 22 April 1992
By Bloomberg News
Bloomberg News
Three leading pharmaceutical companies, the Warner-Lambert Company, the Schering-Plough Corporation and Marion Merrell Dow Inc., reported strong first-quarter earnings yesterday, sending their stocks up. Earnings at Warner-Lambert rose nearly fivefold, in large part because of an accounting change, and its stock rose 75 cents, to $62.375. Schering-Plough's net income rose 11.6 percent and the stock gained $1.75 to close at $54.625, and Marion Merrell's net income climbed 22.3 percent, sending its stock up 25 cents, to $34.75.
Full Article
Succession Set At Inland Steel
Date: 23 April 1992
By Bloomberg News
Bloomberg News
The chairman of Inland Steel Industries will retire Aug. 31 after reaching age 65 and will be succeeded by Inland's president, Robert Darnall, the company said today. The announcement was made during the annual shareholders meeting.
Full Article
Chief Named at Russell
Date: 23 April 1992
By Bloomberg News
Bloomberg News
The Russell Corporation, a manufacturer of leisure apparel and sports uniforms, said its president, John C. Adams, would add the role of chief executive, effective today. Mr. Adams, 53 years old, joined Russell in 1976. He became the president and chief operating officer last May. Mr. Adams succeeds Eugene C. Gwaltney as chief executive. Mr. Gwaltney, 74, will remain the chairman, the company said. It markets its products under brand names including Russell Athletic, Jerzees and Cross Creek.
Full Article
