28. maaliskuuta 1996 oli torstaina tähtimerkin ♈ alla. Se oli 87 päivä vuodesta. Yhdysvaltain presidentti oli William J. (Bill) Clinton.
Jos olet syntynyt tänä päivänä, olet 30 vuotta vanha. Viimeisin syntymäpäiväsi oli lauantaina 28. maaliskuuta 2026, 81 päivää sitten. Seuraava syntymäpäiväsi on sunnuntaina 28. maaliskuuta 2027, 283 päivän kuluttua. Olet elänyt 11 038 päivää tai noin 264 913 tuntia tai noin 15 894 801 minuuttia tai noin 953 688 060 sekuntia.
Date: 28 March 1996
AP
In its first decision related to the Internet, the journalists' committee that oversees media operations in Congress voted today to provide credentials to reporters for qualified electronic publications. In a 5-to-0 vote, the Standing Committee of Correspondents said it had recognized "the emergence of electronic publications as a legitimate extension of the print tradition."
Date: 29 March 1996
Bloomberg Business News
Bloomberg News
The Adolph Coors Company said yesterday that it expected to report a steeper first-quarter loss because of unspecified problems. A year ago, Coors reported a loss of 2 cents a share for the first quarter, which it restated after shifting its fiscal year to conform to the calendar year. The company, in Golden, Colo., is expected to report first-quarter earnings about mid-April. Coors and other big American brewers have been struggling as specialty beers and imports gain market share in the sluggish industry. Shares of Coors fell 37.5 cents yesterday, to $18.75, before the earnings forecast was made.
Date: 29 March 1996
Reuters
Strawbridge & Clothier, a Philadelphia-based retailer, reported a sharp drop in fourth-quarter profits yesterday, and said it had received a takeover proposal from an undisclosed buyer. The company, which owns department stores, said the takeover bid could result in a tax-free distribution to shareholders valued at $20 a share, less than the company's recent trading price. The company's stock fell $1.875 yesterday, to $19.375, in Nasdaq trading. Strawbridge & Clothier's profits fell to $13.6 million, or $1.28 a share, in the quarter that ended on Feb. 3, from $20.3 million, or $1.93 a share, in the comparable quarter last year. Revenues slipped to $339.5 million from $347.4 million.
Date: 29 March 1996
Bloomberg Business News
Bloomberg News
Broadening its expansion into Egypt, the Apache Corporation agreed yesterday to buy the Phoenix Resource Companies for $409 million in cash and stock. The Houston-based Apache said Phoenix has oil-drilling concessions in Egypt and two producing fields expected to generate $70 million next year. Apache will pay three-quarters of a share of Apache stock and $4 in cash for each of Phoenix's 16.1 million shares, or about $25.38 a share at Wednesday's closing price. Shares of Phoenix, based in Oklahoma City, jumped $4.125, or 21 percent, to $24 yesterday, on the American Stock Exchange, while Apache shares fell $1, to $27.50, on the New York Stock Exchange.
Date: 28 March 1996
Dow Jones
Dow Jones
The shares of Sync Research Inc. rose almost 29 percent yesterday after the company announced a deal under which the International Business Machines Corporation will market computer networking products made by Sync under the I.B.M. logo. Earlier in the day Sync, which is based in Irvine, Calif., said that it expected to report a loss for the first quarter. According to a survey of analysts by First Call Inc., the company had been expected to earn 4 cents a share in the quarter. The news of the expected loss briefly sent Sync's stock down to $12.25, a 52-week low. But by the end of the day, the stock had risen $3.75 to close at $16.75 a share in Nasdaq trading.
Date: 29 March 1996
AP
The Parker & Parsley Petroleum Company said yesterday that it was selling its Australian oil and gas assets for about $240.3 million. Santos Ltd. said it had already bought most of the company's minority interests in various projects for about $155 million. Parker & Parsley, based in Midland, Tex., said it had an agreement with an unidentified buyer to sell the remaining asset, its 22.5 percent stake in a gas discovery in the Timor Sea, northwest of Australia.
Date: 29 March 1996
Bloomberg Business News
Bloomberg News
The R.R. Donnelley & Sons Company said it plans to take a $411 million charge against first-quarter earnings and will close two plants, laying off as many as 950 people. Donnelley, the world's largest commercial printer for publications, also said that its first-quarter net income, excluding the charge, will be less than the 31 cents reported a year earlier. The company had been expected to earn 33 cents in the quarter, based on the average estimate of five analysts surveyed by Zacks Investment Research. The two plants to be closed are in Casa Grande, Ariz., and Newton, N.C. The company also plans to spend $160 million for upgrades.
Date: 28 March 1996
Reuters
The Northrop Grumman Corporation said yesterday that it would dismiss 2,100 people from its military aircraft division in Southern California by the end of the year. Northrop Grumman, the military contractor, employs about 12,500 people in the region. It said declining work on its two major aircraft programs, the B-2 Stealth bomber and the F/A-18 attack fighter, made the cuts necessary. The planned reductions also arise from cost cuts on the version of the F/A-18 that is now in production. Northrop Grumman, which is based in Los Angeles, said that most of the cuts would be made by July 1.