Ponovno predvajanje torek, 17. oktober 1995

CNN and AT&T Strike an On-Line Deal

Date: 18 October 1995

CNN Interactive, the computer-based news division of the Cable News Network, said yesterday that it had reached a long-term agreement with the AT&T Corporation to deliver multimedia business news over AT&T's new Internet service. If all goes as planned, the agreement means that CNN, a unit of Turner Broadcasting System Inc., will soon be able to deliver its business news reports -- as well as business information products developed exclusively for AT&T -- directly to personal computers and other digital communications devices around the world.

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CRITIC'S NOTEBOOK;What's on Court TV And CNN After O.J.

Date: 18 October 1995

By Walter Goodman

Walter Goodman

The aftermath of the O. J. Simpson verdict is proving more squalid than the trial itself, as the courtroom victors, egos swelling, hit the gab circuit. But there is a television bright spot. With time freed and staff unshackled, both CNN and Court TV, prime beneficiaries of the case, are coming up with some post-Simpson innovations. That is a bit of consolation for last week's will-he-won't-he mini-drama, when NBC endured three hours of anticlimax after 24 hours of heavy breathing. The Simpson team's retreat from an interview can only have lifted spirits at the other networks, which had been thrown into a funk by the prospect of NBC's capturing the entire American nation in prime time. And imagine the joy of Barbara, Diane, Oprah, Larry, Geraldo and the rest of the company of competing courtiers. Disappointed viewers could console themselves with a baseball playoff.

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6 Newspapers Put Help-Wanted Ads on Line

Date: 18 October 1995

By William Glaberson

William Glaberson

Six of the country's largest newspapers said yesterday that they had begun a job-listings service on the Internet that provides access to their combined help-wanted advertising. The newspapers are The Boston Globe, The Chicago Tribune, The Los Angeles Times, The New York Times, The San Jose Mercury News and The Washington Post.

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On the World Stage, Homosexuals Are Seeing Advances

Date: 18 October 1995

By David W. Dunlap

David Dunlap

With more lesbians and gay men willing to tell their stories publicly, international monitoring groups have begun building case-by-case arguments for protecting homosexuals from human rights violations and press censorship. For the first time, the Committee to Protect Journalists has recorded attacks on editors and reporters because of their homosexuality and the suppression of publications that deal with lesbian and gay issues.

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Earnest Crowd, Empty Leader

Date: 17 October 1995

The Million Man March produced a huge crowd hungry for great oratory. But instead of something like the crystalline 19 minutes of Martin Luther King's "I Have a Dream" speech, this crowd got a rambling, self-obsessed two hours from Louis Farrakhan. By the time the Nation of Islam leader got through such arcane matters as numerology and Masonic lore, his adjurations against violence in black neighborhoods seemed almost perfunctory. He seemed more interested in continuing his personal negotiations with the press and the Jewish community over his past racist statements than in answering the expectations that drew such a large and earnest crowd to the Mall. As his speech wore on, it was clear that the potential of the event and the opportunity to lead with a dramatic personal atonement had both escaped him. Even so, the day had its hopeful aspects. Many Americans feared, given Mr. Farrakhan's record, that the march would degenerate into an overtly inflammatory event, worsening racial tensions that surfaced after the acquittal of O. J. Simpson. The fear was legitimate, given Mr. Farrakhan's past inflammatory remarks about Jews, Catholics, Asians, gay people and others -- and his bitterly contested insistence that the marchers be men only.

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CYPRUS AMAX TRANSFERRING A RUSSIAN GOLD PROJECT

Date: 18 October 1995

By Bloomberg News

Bloomberg News

The Cyprus Amax Minerals Company plans to transfer ownership of a Russian gold project to its 51 percent-owned Amax Gold Inc. unit in exchange for stock that would raise its stake in the company to 58 percent. The Denver-based companies expect the transaction, valued at $95 million, to be completed in two phases by 1997, when the Kubaka mine in far eastern Siberia is scheduled to begin production. The Russian unit, the Cyprus Magadan Gold Corporation, owns a 50 percent interest in the Omolon Gold Mining Company, which is developing the mine.

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SYMS SHARES DIVE AS BUYBACK OFFER WITHDRAWN

Date: 17 October 1995

By Bloomberg News

Bloomberg News

The Syms Corporation's stock fell nearly 17 percent yesterday after its chairman and chief executive, Sy Syms, withdrew his offer to take the company private, saying it would cost too much. Shares of Syms, a discount apparel retailer based in Secaucus, N.J., fell $1.50, to $7.50. On Aug. 30, Mr. Syms and the other shareholders, including his daughter, Marcy Syms, president of the company, agreed to buy company shares they did not already own for $8.75 each. At that price the buyout would have cost about $31 million. The Syms family owns about 80 percent of the company.

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AFTER LICENSING DEAL, COMPUMED'S SHARES FALL 48%

Date: 18 October 1995

By Bloomberg News

Bloomberg News

The shares of Compumed Inc. fell 48.4 percent yesterday as investors showed disappointment over the terms of a licensing agreement with Merck & Company for Compumed's osteoporosis test. Compumed's stock was down $7.75, at $8.25, in Nasdaq trading of almost 5.2 million shares. Tony Viscogliosi, director of the medical technology equity group at First Albany, said investors had been expecting that Compumed would be paid more by Merck, which is based in Whitehouse Station, N.J. Compumed's Osteogram test measures bone mass, using standard X-ray equipment, to diagnose osteoporosis, a bone-thinning disease that affects many post-menopausal women. Compumed, which is based in Manhattan Beach, Calif., said in a Federal filing that it would get between $2 and $4 a test under its agreement with Merck, which runs from 1996 to 2000.

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GRAND MET NAMES A NEW CHIEF, ENDING SUCCESSION BATTLE

Date: 18 October 1995

By Bloomberg News

Bloomberg News

Grand Metropolitan P.L.C. said yesterday that it had named John McGrath, chairman of its spirits division, as its next chief executive, ending a long battle of succession at the London-based food and beverage company. Mr. McGrath, 57, was chosen ahead of his counterpart, David P. Nash, chairman and chief executive of the food division, which includes Burger King and Pillsbury. Mr. Nash will resign from the company on Jan. 31 and relinquish his position on its board immediately, Grand Met said. George Bull, Grand Met's current chief executive, will succeed Sir Allen J. G. Sheppard as chairman when he retires on March 1 at the mandatory age of 62.

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Japanese Stocks Lower

Date: 18 October 1995

By Bloomberg News

Bloomberg News

Stocks traded lower here today. At the close, the Nikkei index of 225 issues was down 20.63 points, or 0.12 percent, at 17,895.97. On Tuesday, the Nikkei fell 99.84 points.

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