Репродукција среда, 31. март 1993.

NEWS SUMMARY

Date: 31 March 1993

International A3-13 ISRAEL HARDENS ITS STAND Israel sealed off the West Bank and Gaza Strip indefinitely, and Prime Minister Yitzhak Rabin urged Israelis to stand firm in "an all-out war against terrorism." Two Israeli policemen were killed overnight in the worst violence in years. A1 NEW BARRIER TO ARMS REDUCTION The political unrest in Russia has stalled efforts to reduce nuclear arsenals in the United States and the former Soviet Union. In Ukraine, new fears of Russian nationalism have encouraged a vocal group of legislators who advocate keeping some weapons. A1

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Teaching Mr. Murdoch

Date: 31 March 1993

It worked. The staff of The New York Post wouldn't give in to the wacky self-aggrandizement of Abraham Hirschfeld and the divisiveness of Wilbert Tatum. They borrowed computers, dominated the talk shows, broke all the rules, and their strivings paid off -- up to a point. The noisemaking, attention-getting Post people created the climate for Rupert Murdoch's return. If he proceeds with his purchase of The Post he may save it as a daily journal, but there should be no illusions that he is a healthy influence on American journalism. Mr. Murdoch's fans portray him as a brash, take-no-prisoners guy who has influenced papers around the country. They also point to him as the father of tabloid television.

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Murdoch Reserves Option Of Changing Mind on Post

Date: 31 March 1993

By Martin Gottlieb

Martin Gottlieb

As they approach what may be tough negotiations with creditors and unions, lawyers for Rupert Murdoch said yesterday that he could still change his mind about repurchasing the bankrupt New York Post if he found it financially untenable. "It is going to be a question of what is the cost of us getting The Post out of Chapter 11 and of operating it in the future," said Arthur Siskind, general counsel of Mr. Murdoch's giant communications company, the News Corporation. "There's nothing certain. The waiver is not certain. The deal with the union is not certain. If we did not think everything was achievable, we would not have gotten into this position, but we have a lot of work ahead of us in the next 60 days."

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INSIDE

Date: 31 March 1993

Wachtler Agrees to Jail Time After on-again, off-again negotiations, lawyers now say Sol Wachtler, the former Chief Judge, will plead guilty today to a threat to kidnap and serve about a year in prison. Page B5. When Law and Science Clash The Supreme Court grappled with the question of how a judge decides when a scientific theory is sound enough to be admitted as evidence. Page A19. Italian Scandal Widens Italy's Finance Minister resigned, the sixth member of the Cabinet named in June to be implicated in a corruption scandal. Page A3. Among the First Pink Slips I.B.M.'s decision to impose its first layoffs hit home yesterday for 4,000 workers in East Fishkill. Page B1. What Are They Even Called? Like the defunct empire they study, American Sovietologists are in disarray. Education, page B8.

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Mobil Disbands Unit

Date: 01 April 1993

By Bloomberg News

Bloomberg News

The Mobil Corporation said this week that it would disband a special unit formed a year ago to develop oil ventures in emerging markets like Russia, Eastern Europe and Latin America because opportunities have not arisen as expected. As of Thursday, the responsibility for developing new ventures will be placed in each of the company's business groups, including exploration and production, refining and marketing, chemicals, research and engineering.

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MERIDIAN BANCORP BUYING PENNSYLVANIA BANK

Date: 31 March 1993

By Bloomberg News

Bloomberg News

Meridian Bancorp Inc., based in Reading, Pa., said yesterday that it would acquire the Commonwealth Bancshares Corporation for stock valued at about $357 million. Meridian, the 47th-largest bank holding company in the United States, will exchange 1.415 common shares for each share of Commonwealth, based in Williamsport, Pa., or a total of 10.9 million shares.

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APPLE COMPUTER ESTABLISHES MULTIMEDIA UNIT

Date: 31 March 1993

By Bloomberg News

Bloomberg News

Apple Computer Inc. has formed a division to expand its forays into multimedia computing. Apple, of Cupertino, Calif., first built microphones into its Macintosh personal computers 10 years ago and added video and CD-ROM options throughout its product line during the last 18 months.

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HEALTHCARE COMPARE'S STOCK FALLS ON PROFIT FORECAST

Date: 01 April 1993

By Bloomberg News

Bloomberg News

Shares of the Healthcare Compare Corporation dropped 30 percent yesterday in very heavy trading after the company said some Wall Street earnings estimates were too high. The company's shares fell $5.625, to $12.875, in Nasdaq trading, on volume of 10.7 million shares, making the stock the most active of the day.

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BELLSOUTH SEES $20 MILLION CHARGE FOR WINTER STORM

Date: 01 April 1993

By Bloomberg News

Bloomberg News

The BellSouth Corporation said yesterday that it would take a charge of $20 million to $25 million against earnings in the first quarter because of the winter storms that struck the Eastern Seaboard in mid-March. The charge will reduce profits by about 5 cents a share, the Atlanta-based telephone company said. Zacks Investment Research, which polled 12 analysts, said the consensus earnings estimate for the company was 90 cents a share. Shares of BellSouth rose 62.5 cents yesterday, to $56.625, on the New York Stock Exchange. BellSouth, which serves nine Southeastern states, said labor and material costs jumped as it tried to restore service quickly after the late winter storm, which downed telephone lines.

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SEARS BUYING 36% OF MAXSERV, A DATA BASE COMPANY

Date: 01 April 1993

By Bloomberg News

Bloomberg News

Sears, Roebuck & Company said yesterday that it had agreed in principle to buy 2.9 million new shares of Maxserv Inc., giving it a 36 percent stake in the computer data base company. Sears did not disclose how much it would pay for the stake in Maxserv, which is based in Austin, Tex. Shares in Maxserv were quoted yesterday at $2.25 bid in Nasdaq trading.

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