6 december 1999 was een maandag onder het sterrenbeeld ♐. Het was de 339e dag van het jaar. President van de Verenigde Staten was William J. (Bill) Clinton.
Als je op deze dag bent geboren, ben je 26 jaar oud. Je laatste verjaardag was op zaterdag 6 december 2025, 209 dagen geleden. Je volgende verjaardag is op zondag 6 december 2026, in 155 dagen. Je hebt 9.706 dagen geleefd, of ongeveer 232.961 uur, of ongeveer 13.977.694 minuten, of ongeveer 838.661.640 seconden.
Date: 07 December 1999
By Francis X. Clines
Francis Clines
Philadelphia Daily News columnist W Russell G Byers is stabbed to death by mugger in city's affluent Chestnut Hill section; police arrest suspect, Javier Goode, who was recorded on surveillance camera tape at convenience store where Byers died; photo (M)
Date: 07 December 1999
By Bloomberg News
Bloomberg News
The New York Life Insurance Company, the seventh-largest life insurer in the United States, said yesterday that it would pay $570 million to acquire Mexico's third-largest insurer, Seguros Monterrey Aetna S.A., from Grupo Financiero Bancomer S. A. and Aetna Inc. to expand its business in Mexico. Bancomer, Mexico's second-largest banking group, said it would receive $290 million for its 51 percent stake in the insurance venture. New York Life gains a subsidiary that sells life, health, property and casualty policies in a growing insurance market where insurance premiums proportional to economic output are less than in other Latin American countries. Aetna rose $1.8125, to $59.5625. Seguros Monterrey has 23 percent of Mexico's individual life insurance business.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
The Semtech Corporation, a maker of analog and mixed-signal semiconductors, said it had bought the closely held USAR Systems Inc. for about $27 million in stock to add to its business in portable computers. Semtech exchanged 495,000 shares of common stock for all outstanding shares of USAR, which is based in New York. USAR makes embedded devices for notebook and hand-held computers.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
The Swiss Reinsurance Company, the world's second-largest reinsurer, will buy Underwriters Re Group Inc. of the United States for $725 million, doubling its revenue from underwriting property and casualty insurers in the American market, the world's largest. Swiss Re will buy Underwriters Re, based in Calabasas, Calif., from the Alleghany Corporation for cash. Last year, Underwriters Re had premiums of $549 million and assets of $1.7 billion. Alleghany, which is based in New York and has interests ranging from insurance to importing steel fasteners, is increasingly focusing on money management.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
Concord EFS Inc., a credit card transaction-processing company, agreed yesterday to buy Card Payment Systems for about $179.8 million in stock to add new customers. Concord will issue 6.2 million shares of common stock to acquire closely held Card Payment Systems, known as C.P.S., which is based in New York. C.P.S. provides payment-processing services to independent sales organizations, which sell those services to retailers. The purchase will add a new distribution area for Concord, based in Memphis, which is a provider of electronic transaction authorization to supermarket chains, convenience stores and other retailers and runs the MAC automated teller network. The shares of Concord fell $1, to $28, yesterday.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
The Citadel Communications Corporation, the largest American radio broadcaster in midsize markets, said yesterday that it had agreed to buy 11 radio stations in Michigan and Massachusetts in two separate transactions for $145 million. Citadel will pay $120.5 million in cash and stock for nine Michigan radio stations from the closely held Liggett Broadcast Inc., exchanging 200,000 of its shares, valued at $10.1 million, and the remainder in cash. It will pay $24.5 million to the closely held Montachusett Broadcasting Inc. for two Massachusetts stations. Citadel, based in Las Vegas, has been expanding in regions like New England to better compete with rivals like Infinity Broadcasting and Clear Channel Communications. Citadel shares fell 93.75 cents, to $49.8125.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
U.S. Bancorp, Minnesota's largest bank, warned yesterday that its profit for the fourth quarter and next year would not meet expectations. The stock fell as much as 28 percent. The bank, which is based in Minneapolis, said fourth-quarter earnings would be 52 to 54 cents a share, shy of the average analyst estimate of 59 cents. The bank's stock fell $9.75, to $25.375, in trading of 12.1 million shares.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
The J. C. Penney Company said yesterday that it had cut its dividend by almost half so that it can reinvest more in its struggling department stores and prepare for the effect of a new tracking stock for its Eckerd drugstore chain. The retailer said a quarterly dividend of 28.75 cents a share would be payable Feb. 1. The previous dividend was 54.5 cents a share. J. C. Penney, the worst performer this year in Standard & Poor's index of department-store stocks, said it wanted to keep more cash on hand to improve its department stores, and to expand its drugstore chain and its Internet business.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
Shares of BEA Systems Inc. rose as much as 16 percent after the company said its electronic-commerce software would be used by iXL Enterprises, which advises companies on Internet marketing and strategy. BEA Systems climbed $9.25, to $124.50, on the Nasdaq in heavy trading. The shares had gained 19 percent on Friday on speculation that the company, which is based in San Jose, Calif., would announce a possible venture. BEA makes software that helps companies like Amazon.com handle thousands of simultaneous orders and manage invoices and database records. BEA Systems is the largest maker of middleware, which is software linking older corporate computer systems with new Internet technology. Shares of iXL, which is in Atlanta, rose $1, to $38.75.
Date: 07 December 1999
By Bloomberg News
Bloomberg News
Tyson Foods Inc., the biggest United States poultry processor, said yesterday that its plans to sell its pork business to Smithfield Foods Inc. were scuttled after the two companies were unable to reach a final agreement. Tyson, based in Springdale, Ark., said in September that it would sell its money-losing Pork Group to Smithfield, the nation's largest hog producer, for about $79.3 million in stock. Negotiations ended because the unit ''did not fit'' Smithfield's expectations, Tyson said. Tyson shares fell 12.5 cents, to $17.1875. Shares of Smithfield, based in Smithfield, Va., rose 25 cents, to $25.3125.