Black Weekly's Survival Is in Question
Date: 09 November 1996
By Lisa W. Foderaro
Lisa Foderaro
City Sun, weekly newspaper that has been a voice of black nationalism in New York City and aggressive competitor to more staid Amsterdam News, has not published in three weeks, raising questions about paper's future; City marshals evicted newspaper from its offices at 44 Court Street in Brooklyn in Oct for not paying rent, and State Taxation and Finance Dept has outstanding warrants against Sun Publishing Co for about $380,000 in back taxes; Sun's publisher, Andrew W Cooper, says he plans to dissolve company, form new one and 'start all over again'; some past and present employees, however, scoff at such plans, saying that staff members routinely went unpaid and that Cooper ran weekly into the ground (M)
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PHARMACIA TO SELL BIACORE TO INVESTORS
Date: 08 November 1996
By Bloomberg News
Bloomberg News
Pharmacia & Upjohn Inc to sell Biacore AB to investors (S)
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NOVELL STOCK SURGES AMID TAKEOVER SPECULATION
Date: 09 November 1996
By Bloomberg News
Bloomberg News
Shares of Novell Inc, provider of networking software products, soar 26% amid speculation that company could be takeover candidate (S)
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HICKS, MUSE TO GET 80 PERCENT OF WINDOW MAKER
Date: 09 November 1996
By Bloomberg News
Bloomberg News
Hicks, Muse, Tate & Furst Inc, Dallas-based investment firm, says it will buy 80% of Atrium Corp, closely held maker of windows, for $135 million (S)
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KELLOGG EXPECTS CEREAL PRICE WAR TO HURT EARNINGS
Date: 09 November 1996
By Bloomberg News
Bloomberg News
Kellogg Co tells security analysts that its price war with other breakfast cereal companies would probably hurt earnings through first quarter of 1997; also says it expects to report earnings-per-share growth of at least 10% for its 1997 fiscal year (S)
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AMERICAN FILTRONA DISCUSSING SALE
Date: 08 November 1996
By Bloomberg News
Bloomberg News
American Filtrona Corp says it is in talks to sell its shares to WBT Holdings LLC for $43 each, or $160.8 million (S)
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INTEGRATED SYSTEMS STOCK PLUNGES WITH LOW EARNINGS
Date: 09 November 1996
By Bloomberg News
Bloomberg News
Shares of Integrated Systems Inc fall 28% after company tells some analysts that its third-quarter earnings would not meet their expectations (S)
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BANYAN SYSTEMS TO SCALE BACK AND SEEK NEW EXECUTIVE
Date: 08 November 1996
By Bloomberg News
Bloomberg News
Banyan Systems Inc says it will cut 100 jobs, or 15 percent of its work force, close some units and seek chief executive to replace its chairman and chief executive, David C Mohoney, who is now vice chairman; Jeffrey D Glidden is named acting president and chief operating officer in place of Mohoney (S)
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TEXTRON TO BUY GERMAN PLASTIC TANK MAKER
Date: 08 November 1996
By Bloomberg News
Bloomberg News
Textron Inc says it will buy Kautex-Werke AG from Klockner-Werke AG for about $310 million (S)
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Stocks Rally in Japan
Date: 08 November 1996
By Bloomberg News
Bloomberg News
Stocks rally in Tokyo on Nov 8; Nikkei average of 225 stocks is up 429.93, at 21,201.04 (S)
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