25. desember 1997 var en torsdag under stjernetegnet til ♑. Det var 358 dagen i året. President i USA var William J. (Bill) Clinton.
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Date: 25 December 1997
By Bloomberg News
Bloomberg News
Psinet Inc lowers its takeover offer for Istar Internet Inc by 38 percent, to $21.8 million (Canadian), or $15.3 million (US), in cash in wake of 61 percent drop in Istar's stock price since Nov 10 agreement between two companies (S)
Date: 25 December 1997
By Bloomberg News
Bloomberg News
SFX Broadcasting Inc agrees to acquire Pace Entertainment Corp for about $130 million; will also buy two-thirds of Pavilion Partners, which owns 11 amphitheaters, that it does not already own from Viacom Inc and Sony Music Entertainment (S)
Date: 25 December 1997
By Bloomberg News
Bloomberg News
Ivax Corp is selling its Golden Glades pill-making factory and other assets to Goldstar Pharmaceuticals Inc for $21 million (S)
Date: 25 December 1997
By Bloomberg News
Bloomberg News
TRW Inc agrees to sell Pentagon engineering and technical assistance business as condition of antitrust clearance for its $975 million acquisition of BDM International Inc; in settlement with Federal Trade Commission, TRW agrees to sell part of BDM's business that provides engineering and technical assistance to Defense Department's ballistic missile defense program (S)
Date: 25 December 1997
By Bloomberg News
Bloomberg News
US Treasury prices fall in shortened session, first decline in bonds in five sessions; price of 30-year Treasury bond falls 19/32, to 103; yield rises to 5.91 percent from 5.87 percent on Dec 23; graph (M)
Date: 25 December 1997
By Bloomberg News
Bloomberg News
The Reds re-signed outfielder Melvin Nieves to a one-year contract, avoiding salary arbitration. The Reds acquired Nieves, 25, from the Detroit Tigers for pitcher Donne Wall and a minor league catcher, Paul Bako, on Nov. 11. Nieves spent most of the 1997 season as the Tigers' starting right fielder, hitting .228 with 20 home runs and 64 runs batted in during 116 games. But he led the Tigers with 157 strikeouts in 1997, the fifth-highest total in the majors.
Date: 25 December 1997
By Bloomberg News
Bloomberg News
Indonesian rupiah tumbles as much as 12 percent on expectations that burden of repaying foreign loans will deepen country's debt crisis (S)
Date: 25 December 1997
By Bloomberg News
Bloomberg News
Tokyo District Court indicts two corporate racketeers on separate charges of threatening to disrupt shareholders meetings at Toshiba Corp and Mitsubishi Motors Corp; Takeyoshi Kikuchi is accused of extorting 6 million yen, or $46,000, in payoffs from Toshiba in return for insuring that company's June 1995 general shareholders meeting would be disrupted; Wasaburo Shimizu is accused of extorting 1.5 million yen, or $11,500 in payoffs from Mitsubishi from July 1995 through September 1997 (S)
Date: 25 December 1997
By Bloomberg News
Bloomberg News
Honda Motor Co forecasts its global production will rise 3.3 percent in 1998 as it starts building its popular Odyssey mini-van in Canada and shifts production of its Acura luxury sedan in US (S)
Date: 26 December 1997
By Bloomberg News
Bloomberg News
Crowley, Milner & Co will acquire 49 Winkelmans stores from Petrie Retail Inc (S)