24. мај 1995. је био среда под знаком звездице ♊. Био је 143 дан у години. Председник Сједињених Држава је био William J. (Bill) Clinton.
Ако сте рођени на данашњи дан, имате 31 година. Ваш последњи рођендан је био недеља, 24. мај 2026., пре 22 дана. Ваш следећи рођендан је понедељак, 24. мај 2027., за 342 дана. Живели сте 11.345 дана, или око 272.290 сати, или око 16.337.418 минута, или око 980.245.080 секунди.
Date: 25 May 1995
CABLE NEWS NETWORK, Atlanta, a unit of Turner Broadcasting System Inc., promoted Lou Dobbs, a CNN Business News anchor, to executive vice president, in addition to his post as head of the cable news station's business news division. CORNING INC., Corning, N.Y., named Van C. Campbell, its vice chairman, to the additional post of chairman of its Corning Life Sciences Inc. unit.
Date: 25 May 1995
By Calvin Sims
Calvin Sims
When President Carlos Saul Menem declared victory before cheering crowds last week in winning a second term, he could not resist taking a jab at journalists. "We triumphed not only over opposition parties but also over the press, which was the strongest source of the opposition," said Mr. Menem, a 64-year-old Peronist.
Date: 24 May 1995
By Bloomberg News
Bloomberg News
Biochem International Inc., a medical supplies maker based in Waukesha, Wis., said yesterday that it had agreed to be acquired by a company controlled by John J. McDonough for about $66 million. Under the letter of intent, Mr. McDonough's company will acquire all of Biochem's capital stock in a cash transaction valued at $5 a share. The stock jumped $1.25, to $4.25, in Nasdaq trading. Mr. McDonough is the founder and former chief executive of Dentsply International Inc. of York, Pa., which designs, makes and distributes X-ray systems.
Date: 25 May 1995
By Bloomberg News
Bloomberg News
Meridian Bancorp Inc. signed a letter of intent yesterday to acquire the United Counties Bancorporation in a stock swap valued at $360 million. An earlier round of talks ended in December after the companies failed to agree on merger terms; a letter of intent signed in August set the value of the merger at $376 million. Under the new agreement, each share of United Counties common stock will be exchanged for five shares of Meridian Bancorp, a financial services company based in Reading, Pa. The deal will be a tax-free exchange for United Counties shareholders. Shares of United Counties rose $22.50, to $150, in Nasdaq trading. Shares of Meridian fell 87.5 cents, to $32.125.
Date: 24 May 1995
By Bloomberg News
Bloomberg News
Shares of Deere & Company fell yesterday even though the company reported a 25 percent increase in net income for its fiscal second quarter. Net income rose to $237 million, or $2.74 a share, in the quarter ended April 30, compared with $189.3 million, or $2.20, in the year-earlier period. Revenue rose 15 percent. The per-share results were higher than the average estimate of $2.68 a share by 17 analysts surveyed by Zacks Investment Research. Still, Blair Brumley, an analyst with Dain Bosworth, said: "That's not good enough. These guys have been beating consensus estimates very handily for quite a while." Shares of Deere, which is based in Moline, Ill., fell $3.25, to $86.50.
Date: 25 May 1995
By Bloomberg News
Bloomberg News
The Tenet Healthcare Corporation said yesterday that it had agreed to sell its Asian and Australian hospitals to Parkway Holdings of Singapore for $415 million. Tenet, formerly known as National Medical Enterprises, said Parkway would pay $352 million for Tenet's hospitals in Singapore, Malaysia and Thailand and assume $78 million in debt. Parkway also agreed in principle to pay $63 million for Tenet's 53 percent stake in Australian Medical Enterprises. The sale would free Tenet, based in Santa Monica, Calif., from most of its international operations and enable the company to focus on its United States operations, which includes 83 hospitals. The sale was announced after the stock market had closed. Earlier, shares of Tenet were unchanged at $16.25 on the New York Stock Exchange.
Date: 24 May 1995
By Bloomberg News
Bloomberg News
The Bank of New York Company confirmed yesterday that it had agreed to buy the securities custody business of J. P. Morgan & Company, one of the world's largest operations that holds stocks and bonds for customers. Bank of New York will take over $800 billion in client assets that J. P. Morgan now holds in custody accounts, lifting its total assets under custody to almost $3 trillion. Terms of the transaction were not disclosed, although analysts estimated that the bank had agreed to pay about $300 million. Most of the 1,000 J. P. Morgan employees in the custody business will move to Bank of New York in the next six to nine months. Bank of New York's shares rose $2, to $39.25, and J. P. Morgan gained $1.625, to $69.875, on the New York Stock Exchange.
Date: 25 May 1995
By Bloomberg News
Bloomberg News
Shares of Michaels Stores Inc. fell 23 percent yesterday after the company said increased sale promotions would hurt profits in the second quarter. Michaels Stores, a retailer of arts, crafts and home furnishings based in Irving, Tex., reported first-quarter results that were in line with analysts' forecasts but warned investors that more markdowns were being used to increase sales in the current quarter. Shares of the company fell $7.50, to $24.75, as more than 5.6 million shares changed hands in Nasdaq trading.
Date: 25 May 1995
By Bloomberg News
Bloomberg News
The VWR Corporation signed a definitive agreement yesterday to acquire the industrial and life sciences division of Baxter International Inc. for $400 million in cash. VWR, a distributor of laboratory supplies and chemicals based in West Chester, Pa., also said that EM Industries, the United States unit of E. Merck of Germany, had agreed to exercise its warrant to buy 967,000 common shares of VWR for $11 a share and purchase an additional 6.8 million shares of common stock for $12.44 each. VWR said it would change its name to the VWR Scientific Products Corporation after the deal is completed. The combined company will have annual revenue of about $1 billion, VWR said.
Date: 25 May 1995
By Bloomberg News
Bloomberg News
Berkshire Hathaway Inc., the holding company controlled by the investor Warren E. Buffett, signed an agreement yesterday to acquire the closely held R. C. Willey Home Furnishings. The terms of the deal were not disclosed. Berkshire Hathaway said the acquisition had been approved by shareholders of R. C. Willey of Salt Lake City, which has seven stores. Berkshire Hathaway owns several consumer products companies, including See's Candies and the Dexter Shoe Company. The company also owns Nebraska Furniture Mart and 80 percent of Borsheim's, a jewelry store in Omaha.