$270 Million HarperCollins Charge Is Set
Date: 05 August 1997
By Doreen Carvajal
Doreen Carvajal
News Corp to take $270 million fiscal 1997 charge to revamp its HarperCollins unit; insists struggling unit is not for sale; says charge is largely for inventories of returned books and author advances for unprofitable books; plans to cut 420 jobs from work force of about 3,000, with over half of cuts already completed (M)
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The Price Of Truth
Date: 04 August 1997
By Anthony Lewis
Anthony Lewis
Anthony Lewis Op-Ed column on recent conference in Guatemala of Inter-American Press Assn, which issued calls for end to unpunished crimes against journalists in Latin America; says burdens off American press seem minor in world where working as journalist risks death (M)
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JOHNSON & JOHNSON TO BUY GYNECARE FOR $79 MILLION
Date: 05 August 1997
By Bloomberg News
Bloomberg News
Johnson & Johnson to buy Gynecare Inc for stock valued at about $79 million (S)
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HENRY SCHEIN TO BUY SULLIVAN DENTAL FOR $318 MILLION
Date: 05 August 1997
By Bloomberg News
Bloomberg News
Henry Schein Inc to buy Sullivan Dental Products Inc for about $318 million in stock (S)
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Stocks Lower in Japan
Date: 04 August 1997
By Bloomberg News
Bloomberg News
Nikkei index of 225 Japanese stock issues is down 134.21 points at midday, falling to 19,670.17 (Mon, 8/4) (S)
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Jobless Rate Climbs To 13.7% in Belgium
Date: 05 August 1997
By Bloomberg News
Bloomberg News
Belgium reports its unemployment rate rose to 13.7 percent in July from 12.6 percent in June; Dun & Bradstreet reports some 604 companies went bankrupt in Belgium in July, down from 644 in July 1996 (S)
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Swedish Truck Maker Has 19% Drop in Profit
Date: 05 August 1997
By Bloomberg News
Bloomberg News
Scania AB reports second-quarter net income fell 19 percent, to 581 million kronor ($72 million), down from 720 million kronor in 1996 period (S)
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Housing Makers in Talks
Date: 05 August 1997
By Bloomberg News
Bloomberg News
Cavalier Homes Inc discusses buying Belmont Homes Inc for about $73.8 million in stock (S)
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Toyota Will Build Auto Plant in India
Date: 05 August 1997
By Bloomberg News
Bloomberg News
Toyota Motor Corp to build $170 million plant in India in joint venture with Kirloskar group (S)
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Shire Pharmaceuticals Buying U.S. Drug Maker
Date: 05 August 1997
By Bloomberg News
Bloomberg News
Shire Pharmaceuticals Group to acquire Richwood Pharmaceutical Co for $185.7 million, including $145.8 million in stock (S)
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