14 februari 1995 was een dinsdag onder het sterrenbeeld ♒. Het was de 44e dag van het jaar. President van de Verenigde Staten was William J. (Bill) Clinton.
Als je op deze dag bent geboren, ben je 31 jaar oud. Je laatste verjaardag was op zaterdag 14 februari 2026, 124 dagen geleden. Je volgende verjaardag is op zondag 14 februari 2027, in 240 dagen. Je hebt 11.447 dagen geleefd, of ongeveer 274.736 uur, of ongeveer 16.484.182 minuten, of ongeveer 989.050.920 seconden.
14th of February 1995 News
Nieuws zoals het verscheen op de voorpagina van de New York Times op 14 februari 1995
Departures at Paper Ignite A Debate on News vs. Profit
Date: 15 February 1995
By William Glaberson
William Glaberson
The resignations of the two top editors of The Des Moines Register, which was once routinely described as one of the country's best newspapers, have reopened a bitter debate in American journalism about whether corporate pressure for profits is stripping the quality from many American newspapers. With their resignations on Monday, The Register's editor, Geneva Overholser, and her managing editor, David Westphal, have quickly become public symbols of a battle between news professionals and business executives that is raging behind closed doors at many of the country's newspapers.
Full Article
'Outsourcing' Unit at AT&T
Date: 15 February 1995
By Bloomberg News
Bloomberg News
The AT&T Corporation said yesterday that it had formed a new unit, AT&T Solutions, to help large companies install and manage computer and communications networks. AT&T Solutions will design, build and manage the products as well as provide consulting services. It will use AT&T's experience in public and private wireless products, networked computing and AT&T Bell Laboratories, the company's research and development arm.
Full Article
New President For Banc One
Date: 14 February 1995
By Bloomberg News
Bloomberg News
The Banc One Corporation said today that Donald L. McWhorter would retire as president and chief operating officer, effective April 18. Banc One, a bank holding company based here, said Richard Lehmann, 50, chairman and chief executive of Bank One Arizona, had been selected to replace Mr. McWhorter, 59, as president.
Full Article
SYBASE COMPLETES PURCHASE OF POWERSOFT
Date: 14 February 1995
By Bloomberg News
Bloomberg News
Sybase Inc. completed the largest acquisition in the history of the software industry yesterday by buying the Powersoft Corporation for about $875 million in a stock transaction. Under terms of the agreement, Sybase, based in Emeryville, Calif., gave 1.6 Sybase common stock shares to Powersoft shareholders for each Powersoft share. Sybase issued about 17.8 million common shares, the company said. Sybase writes database-management programs that let companies keep track of and manipulate huge volumes of business information, like customers' names and buying habits. Powersoft, based in Concord, Mass., writes programs that makes it easier for corporate programmers to write other programs for entering and searching through this data.
Full Article
Morgan Unit Downgraded By Moody's
Date: 15 February 1995
By Bloomberg News
Bloomberg News
The banking unit of J. P. Morgan & Company was stripped of its coveted Aaa credit rating yesterday, as Moody's Investors Service Inc. warned of greater risks in its fastest- growing businesses. The credit rating company also cut its rating on the debt of the Bankers Trust New York Corporation, citing recent problems in the bank's derivatives businesses.
Full Article
NATIONAL GYPSUM REJECTS ANOTHER DELCOR BID
Date: 14 February 1995
By Bloomberg News
Bloomberg News
The National Gypsum Company has rejected a two-week-old sweetened takeover bid from a group led by the North Carolina investor C. D. Spangler Jr., its chairman and largest shareholder. A special committee of its board "rejected the proposal as being inadequate," National Gypsum, the nation's second-largest maker of wallboard after the USG Corporation, said in a letter delivered yesterday to Mr. Spangler. Delcor Inc., an investor arm of the Spangler family, said this bid was its final offer. It was a recapitalization that valued the company at about $925 million, or $44 a share, analysts said.
Full Article
PEPSICO MAY SELL MORE RESTAURANTS TO FRANCHISES
Date: 14 February 1995
By Bloomberg News
Bloomberg News
Pepsico Inc. may sell more of its company-owned restaurants to franchisees to reduce its exposure in the restaurant industry, the company's chief executive, Wayne Calloway, said yesterday. Pepsico owns more than 60 percent of the restaurants in its Pizza Hut, Taco Bell and KFC chains, and poor restaurant results have depressed profits. Last week, Pepsi said its quarterly restaurant operating profit fell for the first time in 15 years.
Full Article
GENERAL MILLS SEES CHARGES OF UP TO $170 MILLION
Date: 14 February 1995
By Bloomberg News
Bloomberg News
General Mills Inc. said yesterday that it would take as much as $170 million in charges during the third quarter to trim inefficient food and restaurant assets. The company said it would take up to $110 million in charges in its food operation, which produces Betty Crocker spreads and Wheaties and Cheerios cereals, among others. Company executives told analysts that they hoped for annual savings of $20 million from the food charge. The company also said it would take a charge of as much as $60 million in its restaurant operations, producing savings of as much as $12 million annually. General Mills' third quarter ends next month.
Full Article
CS FIRST BOSTON TO CLOSE JAPANESE EQUITY BUSINESS
Date: 15 February 1995
By Bloomberg News
Bloomberg News
The Tokyo office of CS First Boston will shut down its domestic Japanese equity business, including the sales, trading and research of Japanese equities, the company said early today. The move does not include the sales and trading of foreign stocks in Japan or the divisions of Japanese equity convertible bonds or warrants, said Mark Graham, head of the Asian equity business for CS First Boston in Hong Kong. "The fact is that we are not in the business of competing locally with the major Japanese houses," he said. On Monday CS First Boston said it would close its municipal bond business, consolidate its asset management business with Credit Suisse, another unit of CS Holding, and sell or close other businesses.
Full Article
CONAGRA TO BUY BACK UP TO 10 PERCENT OF SHARES
Date: 14 February 1995
By Bloomberg News
Bloomberg News
Conagra Inc. said yesterday that it would buy back as many as 25 million common shares and could purchase at least 14.4 million during 1995. The 25 million shares, to be purchased over several years, represent about 10 percent of Conagra's outstanding common stock. The repurchase authorization is the largest in the company's history, a spokeswoman said. Conagra, the nation's No. 2 food company in sales after the Philip Morris Companies, said the repurchased stock could be used to replace shares issued for acquisitions, meet its obligations to employee incentive and benefit plans and cover possible conversion of class E preferred stock. In New York Stock Exchange trading yesterday, Conagra shares closed up 50 cents, at $32.875.
Full Article