16 juni 1994 was een donderdag onder het sterrenbeeld ♊. Het was de 166e dag van het jaar. President van de Verenigde Staten was William J. (Bill) Clinton.
Als je op deze dag bent geboren, ben je 32 jaar oud. Je laatste verjaardag was op dinsdag 16 juni 2026, 8 dagen geleden. Je volgende verjaardag is op woensdag 16 juni 2027, in 356 dagen. Je hebt 11.696 dagen geleefd, of ongeveer 280.705 uur, of ongeveer 16.842.354 minuten, of ongeveer 1.010.541.240 seconden.
16th of June 1994 News
Nieuws zoals het verscheen op de voorpagina van de New York Times op 16 juni 1994
Mabou Journal; Nova Scotia Hears the Lilting 'Gibberish' Again
Date: 17 June 1994
By Clyde H. Farnsworth
Clyde Farnsworth
To the Highland Scottish immigrants of the early 19th century, Cape Breton's brooding hills and misty lakes and streams were strikingly similar to the land they left behind. The Highlanders farmed the new land, fished the waters and brought their fast fiddle tunes, stomping dance steps and tall tales about walking herrings and fair-haired priests who look up at the sky so much they get stuck in it.
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GOODYEAR AND UNION TO MEET TO AVERT STRIKE
Date: 16 June 1994
By Bloomberg News
Bloomberg News
Negotiators for the Goodyear Tire and Rubber Company and the United Rubber Workers union were scheduled to meet today in what could be a last attempt to avoid a strike by 12,000 Goodyear employees at plants in seven states. Twice last month, Goodyear workers rejected tentative contract agreements that had been endorsed by union leaders. The accords would have increased wages and pensions and paid profit-sharing and cash bonuses during a three-year period. Goodyear, based in Akron, Ohio, is eager to set a new master contract. The union represents Goodyear employees at nine tire and auto parts plants in Ohio, Alabama, Nebraska, Kansas, Virginia, Tennessee and Wisconsin.
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VARITY UNIT PLANS TO ACQUIRE DORMAN DIESELS
Date: 16 June 1994
By Bloomberg News
Bloomberg News
The Varity Corporation said yesterday that its Perkins Group would acquire Dorman Diesels Ltd. in a transaction valued at about $50 million, including the assumption of $12 million of debt. Varity, based in Buffalo, said the acquisition was part of its plan to expand its core businesses. Closely held Dorman, based in Peterborough, England, provides high-horsepower diesel engines for the power generation market and specializes in natural gas engine technology. Dorman had revenue of about $75 million in 1993. Perkins had revenue of $702 million in 1993.
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GREAT SOUTHERN BANCORP TO TERMINATE ACQUISITION DEAL
Date: 16 June 1994
By Bloomberg News
Bloomberg News
Great Southern Bancorp Inc. said yesterday that its board had decided to terminate its definitive agreement to be acquired by the Fourth Financial Corporation, based in Wichita, Kan. The board of Great Southern, based in Springfield, Mo., decided that the proposed acquisition in exchange for about $84.1 million of Fourth Financial stock did not reflect the value of the company, said William V. Turner, chairman and chief executive of Great Southern. "Our recent strong financial performance led us to conclude that it would be in the best interest of our stockholders for Great Southern to remain independent," Mr. Turner said, adding that Great Southern would consider a stock repurchase program and a possible stock split.
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LORAL PENSION PLANS TO BUY MORE COMMON STOCK
Date: 17 June 1994
By Bloomberg News
Bloomberg News
The Loral Corporation's pension plans yesterday said they would acquire three million shares of Loral common stock at $36 each from merchant banking partnerships managed by Lehman Brothers Inc. The pension plans said they planned to purchase the shares at a discount to the market price on Wednesday, when the terms of purchase were set. In New York Stock Exchange trading yesterday, Loral shares fell $1.25, to $38.
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DELTA AND ALL NIPPON AIRWAYS JOIN MARKETING EFFORTS
Date: 17 June 1994
By Bloomberg News
Bloomberg News
Delta Air Lines Inc. and the All Nippon Airways Company, Japan's largest airline, said yesterday that they had agreed to forge a marketing alliance that could pave the way both for Delta to fly to more Asian cities and A.N.A. to increase service to the United States. The planned alliance would include sharing computer reservation systems and facilities to ease flight connections between the two carriers. The two parties also said they would offer participation in each airline's frequent flier program. Shares of Delta rose $1.125, to $46.50, on the New York Stock Exchange.
Full Article
WOOLWORTH PLANS 470 NEW SPECIALTY STORES IN 1994
Date: 17 June 1994
By Bloomberg News
Bloomberg News
The Woolworth Corporation plans to open 470 new specialty stores in 1994, the company's chairman and chief executive, William K. Lavin, said yesterday at Woolworth's annual meeting in Milwaukee. He said the new stores would be mainly Foot Locker, Lady Foot Locker, Champs Sports, After Thoughts and Northern Reflections stores, with almost 50 of the Foot Locker stores opening abroad. Mr. Lavin told shareholders he expects the company to be more profitable this year. He said the profitability of the company, based in New York, suffered last year as it closed or sold about 970 stores.
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CHASE TO BUY BACK UP TO 4.5 PERCENT OF ITS STOCK
Date: 16 June 1994
By Bloomberg News
Bloomberg News
The Chase Manhattan Corporation said yesterday that it planned to buy back as much as 8.5 million shares, or 4.5 percent, of its stock. Chase, the sixth-largest banking company in the United States, with $112.6 billion in assets, said it would buy back the stock during the next 12 to 18 months to offset the effect of stock warrants and options that will be exercised. In June 1996 Chase plans to issue 3.3 million new shares to cover the expiration of warrants outstanding. The company's shares outstanding will also increase as various options are exercised, the bank said. At yesterday's closing price of $39.50, up 62.5 cents, the buyback would be valued at nearly $336 million.
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G.E. Said to Seek GTE Unit
Date: 17 June 1994
By Bloomberg News
Bloomberg News
The General Electric Company is talking with the GTE Corporation in an effort to buy its GTE Spacenet unit, The Washington Post reported today, citing industry officials. Officials at G.E. and GTE declined to comment on the article.
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Bausch & Lomb in Deal
Date: 16 June 1994
By Bloomberg News
Bloomberg News
Bausch & Lomb Inc. signed an agreement today with the International Business Machines Corporation to develop the next generation of soft contact lens manufacturing technology. Terms of the agreement with I.B.M. were not disclosed.
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