INSIDE
Date: 11 May 1996
Inflation Worries Eased
Replay zaterdag 11 mei 1996
11 mei 1996 was een zaterdag onder het sterrenbeeld ♉. Het was de 131e dag van het jaar. President van de Verenigde Staten was William J. (Bill) Clinton.
Als je op deze dag bent geboren, ben je 30 jaar oud. Je laatste verjaardag was op maandag 11 mei 2026, 44 dagen geleden. Je volgende verjaardag is op dinsdag 11 mei 2027, in 320 dagen. Je hebt 11.001 dagen geleefd, of ongeveer 264.027 uur, of ongeveer 15.841.650 minuten, of ongeveer 950.499.000 seconden.
Sommige mensen die deze verjaardag delen:
11th of May 1996 News
Nieuws zoals het verscheen op de voorpagina van de New York Times op 11 mei 1996
TELEVISION;Five Years Later, The Gulf War Story Is Still Being Told
Date: 12 May 1996
By Eric Schmitt
Eric Schmitt
EXPLOSIONS AND THE ACRID smell of war still haunt the CNN anchor Bernard Shaw. Baghdad, once Bob Simon's dreaded prison, is now familiar turf for him as a CBS correspondent. And after virtually vanishing from American television screens, Arthur Kent, formerly of NBC, is now reporting for CNN. Five years after the end of the Persian Gulf war, the television correspondents whose familiar faces brought the 43-day conflict into living rooms across the country hold varied memories from -- and find myriad lessons in -- a war that propelled them in different directions afterward.
COMPANY NEWS;PXRE IS SEEKING ALL OF TRANSNATIONAL RE
Date: 11 May 1996
Reuters
The PXRE Corporation, a property catastrophe reinsurer, plans to buy the portion of the Transnational Re Corporation that it does not already own just a little more than two years after creating the company. PXRE, which has about a 22 percent stake in Transnational, started the company in late 1993 to take advantage of strong demand for "retrocessional reinsurance," which is reinsurance for reinsurers. PXRE said it would buy Transnational Re in a tax-free exchange of stock that would value Transnational shares at $23.50 each. PXRE said it would exchange 0.98 share of its common stock for each Transnational Re class A common share.
COMPANY NEWS;AGREEMENT SET TO BUY CYCARE IN STOCK SWAP
Date: 11 May 1996
Bloomberg Business News
Bloomberg News
HBO & Company agreed yesterday to buy Cycare Systems Inc. in a stock swap valued at $246 million, helping HBO's health care information-processing business. Cycare's shares were up $1.625 yesterday on the New York Stock Exchange, to $47.825, a new 52-week high, a day after rising $3.25 each. The shares of Atlanta-based HBO rose $6.375, to $119.375, in Nasdaq trading. HBO said it would pay about 0.43 share for each Cycare share, issuing a total of 2.18 million shares. Cycare, based in Scottsdale, Ariz., said last week that several companies had approached it with buyout or merger proposals.
COMPANY NEWS;UROMED GAINS ALL OF FEMALE INCONTINENCE PRODUCT
Date: 11 May 1996
Dow Jones
Dow Jones
The Uromed Corporation said yesterday that it had acquired all technology and assets related to a Food and Drug Administration-approved female incontinence product for $30 million. The product, called the Miniguard Patch, was acquired from Advanced Surgical Intervention Liquidating Trust, which is selling the assets of Advanced Surgical Intervention Inc., a California urological products company. The purchase price consists of $7 million in cash and $23 million in stock. The product is a disposable prescription adhesive patch placed externally against the urethral opening to help block leakage in women with mild to moderate stress incontinence.
World News Briefs;Rioting by Vietnamese Continues in Hong Kong
Date: 12 May 1996
Reuters
Rioting Vietnamese in a detention center in Hong Kong hurled rocks and spears today as the police fought back with tear gas in a second day of rioting by boat people resisting deportation. The Vietnamese waved banners, shouted slogans and bombarded the police from barracks rooftops after authorities tried to round them up for the latest wave of forced repatriation. Security forces said six officers were injured in the clash.
WORLD NEWS BRIEFS;Clinton Aide Describes Arms Flow to Bosnia
Date: 11 May 1996
AP
By the time the Administration gave its tacit assent to Iranian arms shipments into Bosnia and Herzegovina, weapons already were flowing from Teheran to the Government in Sarajevo, Anthony Lake, President Clinton's national security adviser, said today. "Iranian arms were already going through in some measure," he said.
COMPANY NEWS;SHARES OF CISCO SYSTEMS HIT AN ALL-TIME HIGH
Date: 11 May 1996
Bloomberg Business News
Bloomberg News
The shares of Cisco Systems Inc. hit an all-time high yesterday after the company, a computer network equipment maker, reported late on Thursday that its third-quarter earnings were better than Wall Street had expected. Shares of the company, based in San Jose, Calif., closed up $2.25, at $55, in trading of 14 million shares. Earlier, the shares traded as high as $55.141, a record high.