Spiller av onsdag 13. oktober 1993

Clinton Pledges Open Fund-Raisers

Date: 13 October 1993

The White House announced today that major Democratic Party fund-raising events attended by President Clinton would from now on be open to the press. The move came after reporters were barred from a fund-raising dinner held last week by the Democratic Senatorial Campaign Committee and attended by Mr. Clinton. A flurry of press criticism ensued, suggesting that the White House was trying to avoid public images of Mr. Clinton mingling with major financial contributors, given his populist and reformist appeals in the 1992 campaign.

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Books of The Times; The Road to Saigon and On: A Reporter's Story

Date: 13 October 1993

By Larry Heinemann

Larry Heinemann

Muddy Boots and Red Socks A Reporter's Life By Malcolm W. Browne Illustrated. 366 pages. Times Books/ Random House. $23. Malcolm Browne has been a reporter for almost 40 years, and he has certainly been around the ranch, as the saying goes. He has traveled from upstate New York to Havana, Saigon to Buenos Aires, Karachi to Belgrade, and back to Saigon. Along the way he worked for The Associated Press, ABC News and The New York Times, where he is now a reporter in the science department. His Vietnam reporting won him the Pulitzer Prize during the early years of the war.

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Policing a Global Village

Date: 13 October 1993

By R. W. Apple Jr

R. Apple

A clearer demonstration of the global village that modern communications have created, and the land-mines that await American Presidents as a result, would be difficult to imagine. After more than a dozen American soldiers were killed in street-fighting in Somalia 10 days ago, President Clinton argued that it would be dangerous for the United States to pull out its troops at once, because doing so would only encourage "aggressors, thugs and terrorists" all over the world.

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PIONEER'S STOCK RISES AFTER NEWS OF INDEX LISTING

Date: 14 October 1993

By Bloomberg News

Bloomberg News

Shares of Pioneer Hi-Bred International Inc. jumped 12 percent yesterday after it was announced that the company would be included in the Standard & Poor's 500-stock index. The stock closed up $4, at $37.25, in Nasdaq trading, after jumping as high as $38.75, a new 52-week high. Analysts attributed the stock's move to the S.& P. index listing and to lower crop estimates released by the United States Department of Agriculture. "Everything looks bullish for acreage, and especially seed corn next year," said Bonnie Wittenburg, an analyst at Dain Bosworth.

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Billing Review at McDonnell

Date: 14 October 1993

By Bloomberg News

Bloomberg News

The McDonnell Douglas Corporation said today that it would review its accounting practices after a Congressional investigation into overcharges on Government contracts. The House Energy and Commerce Committee's oversight and investigations subcommittee discussed a General Accounting Office review today that found problems with some overhead costs McDonnell Douglas had charged to Government contracts.

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MEDCO TO ACQUIRE REMAINDER OF MEDICAL MARKETING

Date: 14 October 1993

By Bloomberg News

Bloomberg News

Shares of Medical Marketing Group Inc. plunged 20.7 percent after the company said its largest shareholder, Medco Containment Services Inc., would buy the remainder of Medical Marketing at a 26 percent discount. Medco, itself part of a proposed $6 billion merger with Merck & Company, will pay $25 a share for 5.75 million Medical Marketing shares, or about 45.8 percent of the shares outstanding.

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SARA LEE TO ACQUIRE VIKING COFFEE OF FINLAND

Date: 14 October 1993

By Bloomberg News

Bloomberg News

The Sara Lee Corporation agreed yesterday to buy Viking Coffee, a Finnish coffee roasting company, for an undisclosed price. Sara Lee, based in Chicago, also agreed to buy two of Viking's units, Rich Coffee Oy in Finland and Luxus Kaffee A.B. in Sweden. The acquisition is expected to be completed by the end of the year. Sara Lee is already one of the largest coffee roasters in Europe.

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FOURTH FINANCIAL ACQUIRING GREAT SOUTHERN BANCORP

Date: 13 October 1993

By Bloomberg News

Bloomberg News

The Fourth Financial Corporation will acquire the Great Southern Bancorp for about $84.1 million in stock under a definitive merger agreement reached yesterday. Fourth Financial said in July that it would buy Great Southern, a savings and loan based in Springfield, Mo.

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A.T.& T. AWARDED SERVICE CONTRACTS BY UNITED AIRLINES

Date: 13 October 1993

By Bloomberg News

Bloomberg News

A.T.& T. has signed a series of multiyear agreements, worth a total of $152 million, to provide voice and data telecommunications services to United Airlines. The agreements call for the American Telephone and Telegraph Company, the No. 1 long-distance provider in the United States, to provide services through its virtual telecommunications network service, including "800" number, international and data communications. The agreements extend A.T.& T.'s existing contracts with United.

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LOCKHEED UNIT GETS $1.5 BILLION CONTRACT FROM NASA

Date: 14 October 1993

By Bloomberg News

Bloomberg News

The Lockheed Corporation said yesterday that one of its units had been awarded a $1.5 billion contract over 10 years by the National Aeronautics and Space Administration to provide engineering and technical services at the Johnson Space Center in Houston. The contract, with the Lockheed Engineering and Sciences Company, is for an initial five-year period with one-year and five-year renewal options. Lockheed said that McDonnell Douglas Aerospace, a unit of the McDonnell Douglas Corporation, would be the largest of several subcontractors.

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