NEWPORT NEWS SHIPBUILDING WINS $72 MILLION CONTRACT
Date: 23 April 1997
By Dow Jones
Dow Jones
Newport News Shipbuilding Inc receives $72 million, one-year contract from US Navy; Newport News will provide continuing design and engineering support for Los Angeles and Seawolf class submarines (S)
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Judge Faults Giuliani's Policy On Releasing Public Records
Date: 24 April 1997
By John Sullivan
John Sullivan
New York State Supreme Court Justice Stanley Parness, criticizing New York City Mayor Giuliani administration's policy on providing access to public records, says he will appoint special referee to decide whether city must give The Daily News reports of investigations into allegations of wrongdoing against city officials (M)
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Gingrich Attacks Press as Out of Touch
Date: 23 April 1997
By Kevin Sack
Kevin Sack
House Speaker Newt Gingrich, who has faced heavy criticism in the press of this ethics record and his method of paying $300,000 fine, levels brief but blistering attack on news media and suggests that advertisers should use their financial clout to demand change, speech to Georgia Chamber of Commerce; photo (L)
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Error in Izvestia Becomes a Cause
Date: 23 April 1997
By Alessandra Stanley
Alessandra Stanley
Prime Minister Viktor S Cheronomyrdin of Russia is infuriated by an article in Izvestia contending that he has amassed private fortune worth $5 billion; article turns out to be based on erroneous information, and Izvestia's parent company, Lukoil, threatens to dismiss newspaper's top editors; conflict has unleashed uproar over cozy co-dependency of big business and government, causing debate about whether that arrangement is suppressing press freedom in Russia (M)
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Intel Set to Expand Networking Business
Date: 24 April 1997
By Bloomberg News
Bloomberg News
Intel Corp will invest more in networking products, important area for company's sales growth (S)
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PHOENIX NETWORK TO MERGE WITH US ONE COMMUNICATIONS
Date: 24 April 1997
By Bloomberg News
Bloomberg News
Phoenix Network Inc, reseller of long-distance telephone service, will merge with closely held US ONE Communications Corp in $94 million deal; Phoenix Network will be surviving entity (S)
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GREEN STREET STOCK REPURCHASE PLAN IS APPROVED
Date: 23 April 1997
By Bloomberg News
Bloomberg News
Green Street Financial Corp receives approval from Office of Thrift Supervision to buy back up to 5 percent of its common stock (S)
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GERRY BABY PRODUCTS SOLD TO EVENFLO FOR $73 MILLION
Date: 23 April 1997
By Bloomberg News
Bloomberg News
Huffy Corp completes sale of its Gerry Baby Products Co unit to Evenflo Juvenile Furniture Co for $73 million (S)
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HEALTH INDUSTRY CONSULTANT PLANS STOCK OFFERING
Date: 23 April 1997
By Bloomberg News
Bloomberg News
Simione Central Holdings plans to sell 2.8 million common shares, raising some $22.9 million after expenses (S)
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PRUDENTIAL SECURITIES NAMES EQUITIES RESEARCH HEAD
Date: 23 April 1997
By Bloomberg News
Bloomberg News
Prudential Securities Inc names Michael Shea director of equity research, replacing Michael Culp, who resigned; also names Greg Smith, its chief investment strategist, chairman of newly formed investment policy committee (S)
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