Israeli Tensions Rise as an Officer Is Found Slain
Date: 16 December 1992
By Clyde Haberman
Clyde Haberman
The stabbed and bound body of an Israeli border policeman was found today alongside a highway near this Jewish settlement outside Jerusalem, two days after Islamic militants had kidnapped him in an announced attempt to free their jailed leader. The killing of Sgt. Maj. Nissim Toledano, 29 years old, sent waves of anti-Arab anger rolling across Israel, where many people were already badly shaken by an abduction viewed as an unusually daring challenge to Israeli authority, especially in the occupied West Bank and Gaza Strip. It was believed to be the first kidnapping inside Israel for the ostensible purpose of arranging a prisoner exchange. Cries for Vengeance In Parliament, politicians of all ideological stripes demanded a swift and harsh crackdown against Hamas, a Gaza-based group of Islamic militants that rejects Israeli statehood and Palestinian involvement in the Middle East peace talks.
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INSIDE
Date: 16 December 1992
U.S. Indicts Bobby Fischer A grand jury indicted Bobby Fischer on charges that he violated economic sanctions against Yugoslavia by playing chess there. Page A3. School Choice Furor Iowa allows students to attend any school they choose, but now to curtail white flight, the Des Moines schools are refusing transfers. Page B9. A Taker for Yankees' Money After snubs from other free agents, the Yankees signed Wade Boggs, Boston's five-time batting champion, to a three-year contract. Page B11.
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COMPANY NEWS: A New Lincoln Coupe; But Has Anyone Kicked the Tires?
Date: 16 December 1992
By Bloomberg News
Bloomberg News
The first new Lincoln coupe in a decade is hardly in the showrooms and already it's garnering some strong opinions. "Too small for a Lincoln," one new-car gawker said after giving an early production 1993 Mark VIII a once-over at a gas station. "Slick as a spaceship," said another.
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Macy Names Far East Head
Date: 17 December 1992
By Bloomberg News
Bloomberg News
R. H. Macy & Company named Claudia Wong head of its Far East operations yesterday. She will succeed Mitchell Finkelstein, who left the company last month to form a retail company with his father and former Macy chairman, Edward Finkelstein.
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SCIENTIFIC-ATLANTA'S CHIEF EXECUTIVE RESIGNS
Date: 16 December 1992
By Bloomberg News
Bloomberg News
Scientific-Atlanta Inc.'s chief executive officer, William E. Johnson, abruptly resigned yesterday, stunning analysts and triggering a 7.3 percent drop in the he company's share price.
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S.E.C. REQUESTS INFORMATION FROM BELMAC
Date: 16 December 1992
By Bloomberg News
Bloomberg News
The Belmac Corporation, a pharmaceutical company, said yesterday that it had received requests for information from the Securities and Exchange Commission regarding the halting of clinical testing of one of its drugs in the United States.
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TOPPS STOCK PLUNGES 19% ON EARNINGS REPORT
Date: 16 December 1992
By Bloomberg News
Bloomberg News
The Topps Company, maker of sports cards and Bazooka bubble gum, lost 19 percent of its market value yesterday after the company reported lower-than-expected earnings.
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REEBOK PLANS $135 MILLION REORGANIZING CHARGE
Date: 17 December 1992
By Bloomberg News
Bloomberg News
Reebok International Ltd. said yesterday that it planned to take an after-tax charge of about $135 million in the fourth quarter to revamp its operations. The four-part program includes selling the company's Boston Whaler and Ellesse U.S.A. divisions. Reebok will also take a charge to write down the value of its Avia footwear subsidiary, which it purchased in April 1987 for about $180 million.
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VANS STOCK FALLS 18% IN HEAVY TRADING
Date: 16 December 1992
By Bloomberg News
Bloomberg News
Vans Inc.'s stock fell 18 percent in heavy trading yesterday, which the company attributed to Montgomery Securities having lowered its recommendation on the stock to "hold" from "buy."
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A.T.& T. BUYS STAKE IN TRANS-ATLANTIC NETWORK
Date: 17 December 1992
By Bloomberg News
Bloomberg News
The American Telephone and Telegraph Company said yesterday that it was investing $222 million for a 30 percent stake in a $740 million trans-Atlantic fiber-optic network to transmit voice, data and video signals between the United States, France and Britain.
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