17. toukokuuta 1995 oli keskiviikkona tähtimerkin ♉ alla. Se oli 136 päivä vuodesta. Yhdysvaltain presidentti oli William J. (Bill) Clinton.
Jos olet syntynyt tänä päivänä, olet 31 vuotta vanha. Viimeisin syntymäpäiväsi oli sunnuntaina 17. toukokuuta 2026, 35 päivää sitten. Seuraava syntymäpäiväsi on maanantaina 17. toukokuuta 2027, 329 päivän kuluttua. Olet elänyt 11 358 päivää tai noin 272 615 tuntia tai noin 16 356 935 minuuttia tai noin 981 416 100 sekuntia.
Date: 18 May 1995
By Bloomberg News
Bloomberg News
Central Newspapers Inc. said today that it would merge the news staffs of The Indianapolis Star and The Indianapolis News in a move aimed at improving the two papers. Both the morning Star and the afternoon News will continue to be published separately and no jobs will be lost as a result of the consolidation, which is expected to occur in September, said Wayne Wallace, treasurer of Central Newspapers.
Date: 18 May 1995
By William Glaberson
William Glaberson
The family that owns The News & Observer of Raleigh, N.C., said yesterday that it had agreed to sell the newspaper, one of the few remaining larger independent dailies in the South, to McClatchy Newspapers Inc. of Sacramento, Calif., for $373 million. McClatchy owns 12 dailies, including The Sacramento Bee and The Anchorage Daily News. It is known as a publisher of quality newspapers with a liberal political bent.
Date: 17 May 1995
By Eric Schmitt
Eric Schmitt
One of the fiercest naval battles in years broke out here today -- in an ornate Capitol Hill hearing room packed with admirals, lawmakers and lobbyists. The battle pits the United States' two submarine builders in a fight that will most likely leave only one standing. At stake is a $60 billion contract to build the Navy's new attack submarine, thousands of jobs in Connecticut and Virginia and an industrial hedge against a resurgent Russia or other future enemy.
Date: 17 May 1995
Felicia R. Lee of The New York Times has won the 1995 Meyer Berger Award for a series of three articles that portrayed the violent, dispirited lives of drug dealers, addicts, welfare recipients and children on one block in Harlem. In ceremonies yesterday at the Columbia Graduate School of Journalism, which administers the award, established in memory of a Pulitzer Prize-winning New York Times reporter who died in 1959, Ms. Lee received $1,000.
Date: 17 May 1995
By Bloomberg News
Bloomberg News
The Sunbeam-Oster Company said yesterday that its second-quarter and 1995 earnings would not meet analysts' reduced estimates, because sales of its outdoor products had been slow as a result of bad weather. The company, which makes furniture, barbecue grills and household appliances, also said it planned to repurchase as many as five million shares, or 6 percent of its stock, during the next two years. Sunbeam-Oster, based in Fort Lauderdale, Fla., said second-quarter earnings would be 30 cents to 34 cents a share, compared with 36 cents in the corresponding period last year. Some analysts lowered their estimates to 36 cents during the last week. Shares of Sunbeam-Oster rose 50 cents, to $19.125, on the New York Stock Exchange.
Date: 17 May 1995
By Bloomberg News
Bloomberg News
Shares of the Crop Growers Corporation plunged yesterday after an analyst for Dain Bosworth Inc. downgraded the stock on lower-than-expected earnings. Shares of Crop Growers, an insurer based in Great Falls, Mont., fell $11.625, to $12.625, in Nasdaq trading. On Monday Crop Growers reported first-quarter net income of $5.2 million, or 63 cents a share, compared with a pro forma loss of $368,000, or 9 cents a share. The company's stock started trading publicly last June. The analyst downgraded the stock to "hold" from "buy" because he said the lower share price reflected the value of the company. A spokeswoman for the company said "management believes it's well positioned to continue its growth in the crop insurance business."
Date: 18 May 1995
By Bloomberg News
Bloomberg News
Hollinger Inc. said yesterday that it had scrapped plans to buy the rest of Telegraph P.L.C. of Britain that it does not already own. Hollinger's United States subsidiary, the American Publishing Company, owns 58.5 percent of Telegraph, which publishes The Daily Telegraph. American Publishing proposed on Feb. 22 to buy out the minority shareholders. But the independent directors of Telegraph and Hollinger could not agree on the price, The Daily Telegraph reported today. Hollinger, which is headed by Conrad M. Black, said the "necessary financing" for the transaction had been arranged. The Daily Telegraph has been in a fierce battle for market share in Britain with The Times of London, which is owned by Rupert Murdoch's News Corporation. Hollinger, based in Toronto, and its subsidiaries also publish The Chicago Sun-Times.
Date: 17 May 1995
By Bloomberg News
Bloomberg News
Borden Inc. said yesterday that it planned to sell its dairy operations east of the Mississippi River in a revamping effort outlined for employees. The company, based in Columbus, Ohio, makes dairy products, Cracker Jack snacks and Creamette pasta. It said the operations for sale had $500 million in revenue during 1994. The company, purchased this year by the takeover firm Kohlberg, Kravis, Roberts & Company of New York, will also reorganize into nine business units with "minimal impact on head count," the chief executive of Borden, C. Robert Kidder, wrote to employees.
Date: 18 May 1995
By Bloomberg News
Bloomberg News
Tenneco Gas has agreed to pay $220 million to acquire the natural gas pipeline assets of the state of South Australia. The purchase, which includes a 488-mile pipeline, was made possible by the privatization of Australia's natural gas industry. To finance the deal, Tenneco Gas will use part of the $1.4 billion raised last year by its parent, Tenneco Inc., from the offering of shares in the Case Corporation and Albright & Wilson, its former chemical unit. With the Australian deal, Tenneco has invested $900 million in its natural gas, packaging and auto parts businesses. Tenneco, based in Houston, has said it is seeking growth and higher returns from those businesses.
Date: 18 May 1995
By Bloomberg News
Bloomberg News
Struthers Industries said yesterday that it would acquire $70 million to $100 million in assets of closely held World Interactive Network Inc. The purchase price, which includes consumer-oriented interactive technology, was not disclosed. Struthers, a dye manufacturing company based in Tulsa, Okla, also said it planned to spin off its Rose Color Inc. unit to shareholders through a stock dividend prior to the acquisition of WIN-TV, which develops, finances and produces infomercials and direct response programming.