El 13 de diciembre de 1993 fue un lunes bajo el signo estelar de ♐. Era el día 346 del año. El presidente de los Estados Unidos fue William J. (Bill) Clinton.
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13th of December 1993 News
Noticias tal como aparecieron en la portada del New York Times el 13 de diciembre de 1993
A Newspaper With Zing Makes Romania Smile
Date: 13 December 1993
By Jane Perlez
Jane Perlez
After the Communist regime was overthrown here, people joked that there was little food but a refreshing overload of newspapers. Four years later, the diet remains abysmal, but, in a country where for decades there were not even underground pamphlets, newspapers still flourish. The star publication is Academia Catavencu, roughly translated as Dubious Academy. Other papers reflect the varied political opinions of their owners, but Academia, a witty, scathing weekly tabloid, takes on everyone.
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WARREN BUFFETT'S STAKE IN SALOMON GROWS TO 14.7%
Date: 14 December 1993
By Bloomberg News
Bloomberg News
Warren E. Buffett increased his stake in Salomon Inc. last month by buying more than $21 million of the company's common stock, filings with the Securities and Exchange Commission show. The National Indemnity Company, a subsidiary of Mr. Buffett's Berkshire Hathaway Inc., increased its holding in Salomon to about 14.7 percent from 14.3 percent by buying 495,200 shares, according to the S.E.C. filing. National Indemnity, an insurer, paid $42.97 to $45.52 a share for the stock between Nov. 16 and Nov. 30. Shares of Salomon rose $1.625 yesterday, to $46.125, on the New York Stock Exchange. (Bloomberg Business News)
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BROWN-FORMAN TO BUY BACK SHARES IN A DUTCH AUCTION
Date: 14 December 1993
By Bloomberg News
Bloomberg News
The Brown-Forman Corporation said yesterday that it would buy back as many as 4.2 million common shares through a Dutch auction tender offer. Brown-Forman, which makes Jack Daniel's whisky and Lenox china, will ask interested holders of class A and class B stock to choose a price, in the range of $83 to $90 a share, at which they are willing to sell their shares. Brown-Forman will then select a single price that will allow it to buy back as many as 700,000 class A shares and a price so that it can buy back as many as 3.5 million class B shares. Brown-Forman, based in Louisville, Ky., will buy all shares tendered at or below the selected price for each class of stock. The class A shares closed up 62.5 cents yesterday, at $70.875, on the New York Stock Exchange after touching a new low for the year of $69.625. The class B shares closed up 62.5 cents, at $73.875. (Bloomberg Business News)
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G.E. UNIT WINS $600 MILLION CONTRACT FOR PLANT IN INDIA
Date: 14 December 1993
By Bloomberg News
Bloomberg News
GE Industrial and Power Systems said yesterday that it had received a contract to supply $600 million in power generation equipment to a $2.5 billion electric power plant in India. Another unit of the General Electric Company, the GE Capital Corporation, is a partner in a joint venture to build and operate the plant. The other partners are the Enron Corporation and Bechtel Enterprises Inc. The project is the first large-scale private electric generating plant built by foreign investors to be approved by the Indian Government. (Bloomberg Business News)
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SHURGARD URGES INVESTORS TO SPURN OFFER FROM U-HAUL
Date: 14 December 1993
By Bloomberg News
Bloomberg News
The general partners of 17 real estate limited partnerships run by Shurgard Inc. of Seattle urged investors yesterday to reject a $309.5 million cash offer for their units from U-Haul International Inc. In a letter to the limited partners, Shurgard's general partners said U-Haul was using scare tactics to persuade partners to sell their units at a "fire sale price." Earlier this year, Shurgard filed with the Securities and Exchange Commission to consolidate the partnerships into a publicly traded real estate investment trust. At the time, Shurgard valued the partnerships at a combined $393 million. On Dec. 3, U-Haul, the nation's largest provider of rental trucks and trailers, offered to buy the 17 real estate partnerships run by Shurgard for $309.5 million. The offer will expire on Jan. 3. (Bloomberg Business News)
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Time Warner Postal Venture
Date: 13 December 1993
By Bloomberg News
Bloomberg News
Time Warner Inc. has reached an agreement with the United States Postal Service that will allow some cable television customers to buy stamps and envelopes from home. Under the agreement for the services, which will be offered by the interactive cable television network the company is building in Orlando, Fla., customers could also have packages picked up by the Post Office, Geoffrey Holmes, the vice president of new technology for Time Warner, said last week.
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Factory Profits Slow
Date: 14 December 1993
By Bloomberg News
Bloomberg News
The profit margins of manufacturers in the United States fell in the third quarter as auto makers lost money, the Commerce Department said today. Seasonally adjusted after-tax profits averaged 3.4 cents a dollar of sales in the third quarter, down from 3.8 cents in the third quarter of 1992.
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Ford Will Build Cars for Export
Date: 13 December 1993
By Bloomberg News
Bloomberg News
The Ford Motor Company will begin building right-hand-drive versions of its Probe coupe for export this week, the first time since the early 1900's that it has produced a vehicle in the United States with the steering wheel on the right side.
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Drexel Successor Acquired
Date: 14 December 1993
By Bloomberg News
Bloomberg News
DBL Liquidating Trust, the trust established to liquidate Drexel Burnham Lambert, has agreed to sell its shares in the investment bank to a firm controlled by the chairman of Westpoint Stevens Inc. for $209 million. Drexel filed for bankruptcy protection in February 1990 after pleading guilty to mail and securities fraud. When it emerged from Chapter 11 proceedings last year, it changed its name to the New Street Capital Corporation.
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Prices Are Lowest in Years For Both Oil and Gasoline
Date: 14 December 1993
By Bloomberg News
Bloomberg News
Oil prices fell to a five-year low yesterday and gasoline to a seven-year low as traders dismissed speculation that colder weather would improve demand, since stockpiles remain at or above last year's levels. American oil stocks are 15 million barrels higher than they were a year ago. Supplies are expected to remain high until refiners slow production of gasoline and heating oil, traders said.
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