NEWS SUMMARY: TUESDAY, MARCH 31, 1987
Date: 31 March 1987
LEAD: INTERNATIONAL A3-14
Spiller av tirsdag 31. mars 1987
31. mars 1987 var en tirsdag under stjernetegnet til ♈. Det var 89 dagen i året. President i USA var Ronald Reagan.
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31st of March 1987 News
Nyheter slik de dukket opp på forsiden av New York Times på 31. mars 1987
NEWS SUMMARY: WEDNESDAY, APRIL 1, 1987
Date: 01 April 1987
LEAD: International A3-12 Rebels damaged a key army base in El Salvador, killing at least 43 Salvadoran soldiers and a U.S. military adviser. It appeared to be the most important and successful rebel operation in recent years. Page A1 The Pope labeled Chile a dictatorship and insisted that the Roman Catholic Church must struggle to bring democracy to the nation.
Raytheon Contract
Date: 01 April 1987
Reuters
LEAD: The Raytheon Company has been awarded a $3.5 billion contract to provide the Army with 4,491 Patriot antiaircraft missiles over five years, the Pentagon said. Raytheon, based in Lexington, Mass., ranked as the nation's seventh-biggest military contractor in 1986 with $4 billion in Defense Department business.
Texaco's Appeal
Date: 31 March 1987
Special to the New York Times
LEAD: Texaco Inc., as expected, asked a Texas appeals court in Houston to reverse its decision last month upholding most of an $11.1 billion judgment against the company, or order a new trial in its three-year-old legal dispute with the Pennzoil Company. The appellate court is expected to make its final ruling by mid-May.
Allegheny Stake
Date: 31 March 1987
Special to the New York Times
LEAD: The New York money manager Mario J. Gabelli and a group of companies he controls have purchased a 7.23 percent stake in Allegheny International Inc. In a filing with the Securities and Exchange Commission, Mr. Gabelli said he had no plans to seek control of the Pittsburgh-based appliance manufacturer.
LEADING INDICATORS UP 0.7% IN FEBRUARY
Date: 01 April 1987
AP
LEAD: The Government's main gauge of future economic activity rose seven-tenths of 1 percent in February, but many economists said it was overstating economic strength. The long-awaited rebound in growth, they insisted, will be modest at best.
Schwab Group Completes Buyout
Date: 01 April 1987
Special to the New York Times
LEAD: The purchase of Charles Schwab & Com pany, the discount brokerage, from the BankAmerica Corporation has been completed by the CL Acquisition Corporation, a company formed by investors led by Charles R. Schwab, senior management and employees through a profit-sharing plan. The $280 million price is being financed by a syndicate of seven banks led by the Security Pacific National
DELTA-WESTERN MERGER BLOCKED
Date: 01 April 1987
LEAD: A Federal appeals court in San Francisco blocked the $860 million merger of Delta Air Lines and Western Airlines last night, just hours before it was to go into effect. The court said the merger would be prohibited until an arbitrator settles a dispute over union representation.
Hambrecht Offers A Mutual Fund
Date: 31 March 1987
Special to the New York Times
LEAD: Hambrecht & Quist Inc. said it had begun its first mutual fund, H&Q Healthcare Investors. The closed-end fund will focus on emerging-growth companies and will be at least 80 percent invested in industries such as biotechnology, diagnostics, health care services, pharmaceuticals and medical products.
Agency Approves AirCal Takeover
Date: 31 March 1987
AP
LEAD: The Transportation Department gave its final approval to American Airlines' acquisition of AirCal Inc. for $225 million, saying there is no evidence the merger would harm competition. The department had given tentative approval to the deal in February.