17. мај 1994. је био уторак под знаком звездице ♉. Био је 136 дан у години. Председник Сједињених Држава је био William J. (Bill) Clinton.
Ако сте рођени на данашњи дан, имате 32 година. Ваш последњи рођендан је био недеља, 17. мај 2026., пре 32 дана. Ваш следећи рођендан је понедељак, 17. мај 2027., за 332 дана. Живели сте 11.720 дана, или око 281.303 сати, или око 16.878.180 минута, или око 1.012.690.800 секунди.
Date: 18 May 1994
By Bloomberg News
Bloomberg News
Manufactured Home Communities Inc. has agreed to acquire 11 manufactured housing communities and the property management business of DeAnza Group Inc. for $189 million. Manufactured Home, of Chicago, said the transaction was expected to be completed in the third quarter. The sale is subject to the approval of DeAnza Group's limited partners.
Date: 17 May 1994
By Bloomberg News
Bloomberg News
Continental Airlines said today that it would raise by one-third the number of flights on which it offered unrestricted low fares; expand its no-frill short-haul service, and hire 400 more pilots. The carrier will increase to 1,167 from 875 the number of flights on which some seats carry the unrestricted "Peanuts Fares" designation and will add 96 daily departures to its schedule, bringing the systemwide total to 2,317.
Date: 17 May 1994
By Bloomberg News
Bloomberg News
The Florists' Transworld Delivery Association, better known as F.T.D., said that it had received several unsolicited offers to buy its business and that it had appointed a board committee to plot its future. The association retained W. Y. Campbell & Company, an investment banker in Detroit, to advise it on the offers and on other alternatives. F.T.D., based in Southfield, Mich., is owned by more than 23,000 independent retail florists in the United States and Canada who exchange orders for out-of-town delivery of flowers. In its 1992-1993 fiscal year, F.T.D. filled orders worth about $640 million in sales.
Date: 18 May 1994
By Bloomberg News
Bloomberg News
The Dow Chemical Company will maintain its investment in Marion Merrell Dow Inc., Dow's chairman and chief executive, Frank P. Popoff, said. He told Marion Merrell shareholders at their annual meeting yesterday that Dow "continues to be a long-term investor." Dow owns 72 percent of Marion Merrell, the Kansas City-based pharmaceutical company. Asked by a Marion Merrell shareholder what Dow would do if Marion Merrell's performance did not improve soon, Mr. Popoff said the real challenge at Marion was addressing how health care would be delivered in the future.
Date: 18 May 1994
By Bloomberg News
Bloomberg News
Shares of Xilinx Inc. tumbled 15.1 percent yesterday amid concerns that earnings and sales growth would slow in the fiscal year ending March 31, 1995, and that some analysts' earnings estimates were too high. In Nasdaq trading, Xilinx's shares slid $7, to $39.50, their lowest close since Nov. 22. Xilinx, based in San Jose, Calif., designs off-the-shelf integrated circuits and specialty semiconductors. Drew Peck, an analyst with the brokerage firm Cowen & Company, told clients yesterday that Xilinx sales growth would fall to "the low 30 percent" range in the current year from 44 percent in the current fiscal year because of shrinking orders from computer networking manufacturers and a seasonal slowdown in Europe.
Date: 17 May 1994
By Bloomberg News
Bloomberg News
Shares of the Weitek Corporation fell 41 percent yesterday after the chip maker said it would report a significant second-quarter loss because it had lost a major order. The company, based in Sunnyvale, Calif., also said it would take a one-time charge of $2 million to $3 million to write off inventory in the quarter that ends July 2. The stock of Weitek tumbled $2.625, to $3.75, in Nasdaq trading. Less than a year ago, it traded at $14.375. Weitek makes chips that speed graphics performance in I.B.M.-compatible personal computers that use the Windows operating system. The company declined to disclose which major customer chose to switch suppliers.
Date: 17 May 1994
By Bloomberg News
Bloomberg News
Completing a deal that was widely reported last month, but not officially announced, the H. J. Heinz Company said yesterday that it had acquired the food-service business of Borden Inc. for an undisclosed amount. The Borden unit, which had 1993 sales of $225 million, sells single-serving packages of foods like sauces and condiments, and also sells bulk amounts of oil-based products like mayonnaise. The acquisition will help strengthen Heinz's presence in the single-serving food-service market, which is growing about 5 percent a year, the company said. On the New York Stock Exchange, shares of Heinz rose 25 cents, to $33, and Borden's shares gained 62.5 cents, to $13.125.
Date: 18 May 1994
By Bloomberg News
Bloomberg News
Media Vision Technology Inc. said today that three of its principal executives had resigned, a week after the company confirmed it was under investigation by the F.B.I. and the Securities and Exchange Commission. The company, a maker of personal computer components, based here, said Paul C. Jain, president and chief executive; Steven J. Allan, vice president of finance and administration and chief financial officer, and Russell C. Faust, chief operating officer, had resigned. Michael Humphress, the vice president of worldwide sales, had previously said he would resign on June 1.
Date: 17 May 1994
By Bloomberg News
Bloomberg News
Air Products and Chemicals Inc. said yesterday it would take a charge of $9 million in the third quarter because of losses on derivatives trading. The charge is in addition to a $60 million after-tax charge for the second quarter that the company reported last week.
Date: 18 May 1994
By Bloomberg News
Bloomberg News
The Grumman Corporation will receive $114.2 million from the United States Air Force to begin work on two E-8 Joint Surveillance Target Attack Radar System planes. Work will be done by the company's Melbourne Systems division in Melbourne, Fla., and is scheduled to be complete by February 1998. The radar system is an advanced surveillance and battlefield command and control system. Grumman, based in Bethpage, L.I., was acquired by the Northrop Corporation last month.