CHRONICLE
Date: 17 April 1997
By Nadine Brozan
Nadine Brozan
CBS News anchor Paula Zahn is injured in traffic accident in Dallas, Texas, but that does not keep her from going on to interview Southwest Airlines chief executive Herbert Kelleher for Saturday CBS Evening News (S)
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Hong Kong Paper Jittery as Senior Editor Arrives From China
Date: 17 April 1997
By Edward A. Gargan
Edward Gargan
South China Morning Post, Hong Kong's leading English-language newspaper, has quietly hired senior Chinese editor, Feng Xiliang, and installed him in post some at paper call 'political commissar;' move comes amid increasing concern about press independence under impending Chinese rule and increasing self-censorship by some papers (M)
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Olivetti Shares Fall After a Large Loss
Date: 17 April 1997
By Bloomberg News
Bloomberg News
Olivetti SpA shares fall as much as 13 percent on April 15 news of greater-than-expected 1996 loss and announcement that company will write down its capital (S)
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China Trade Surplus Up Sharply in Quarter
Date: 16 April 1997
By Bloomberg News
Bloomberg News
China's trade surplus ballooned to $6.7 billion in first quarter of 1997, suggesting that Chinese consumers are reluctant to spend even as country's exports boom; exports surged 25 percent, to $35.5 billion, as China closes a trade deficit from first three months of 1996 (S)
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PHYSICIAN CORPORATION IS IN TALKS ON 'A TRANSACTION'
Date: 17 April 1997
By Bloomberg News
Bloomberg News
Physician Corp of America is in talks that could lead to capital infusion or sale of the company (S)
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BRIGGS & STRATTON TO BUY 5.87 MILLION SHARES
Date: 17 April 1997
By Bloomberg News
Bloomberg News
Briggs & Stratton Corp will buy back about 5.87 million shares, or about 20 percent of its stock, at $43 to $51 a share to improve its capital structure (S)
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INVESTORS PAY $48 MILLION FOR 4.5% OF AT HOME NETWORK
Date: 17 April 1997
By Bloomberg News
Bloomberg News
At Home Network says group of investors including Sun Microsystems and Motorola paid $48 million for about 4.5 percent of the closely held high-speed Internet-access service, giving company implied market capitalization of about $1.1 billion; other investors are Bay Networks and Canadian cable companies Rogers Communications and Shaw Communications (S)
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NATIONAL SERVICE IN TALKS OVER PARTIAL SALE OF LINEN UNIT
Date: 16 April 1997
By Bloomberg News
Bloomberg News
National Service Industries is in talks to sell parts of its $500-million-a-year textile rental unit (S)
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ADVANTA MAY ABANDON MARKETING OF REWARDS CARD
Date: 16 April 1997
By Bloomberg News
Bloomberg News
Advanta Corp will probably stop marketing credit card that gives customers rewards in an American Express Co program and settles pending lawsuits involving Visa International Inc and Mastercard International Inc (S)
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AMERICAN EAGLE ORDERS 12 ATR PLANES FOR $200 MILLION
Date: 17 April 1997
By Bloomberg News
Bloomberg News
AMR Corp's American Eagle subsidiary orders 12 ATR-210A turbo-propeller aircraft from Aero International Regional, which says order is worth more than $200 million (S)
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