hold.01
frames- [ARGM-TMP Today] , [ARG1 about $ 200 billion *U* , or 20 % of all pension-fund stock investments ,] is [rel held] *-73 by [ARG0-by index funds] .
- The partners said 0 [ARG0 they] [ARGM-TMP already] [rel hold] [ARG1 15 % of all shares outstanding] .
- Indeed , Columbia executives recently told reporters 0 they were interested in * creating [ARG0 a separate unit] 0 *T*-1 to [rel hold] [ARG1 Columbia 's junk bonds] and perhaps do merchant banking .
- But Columbia 's good bank would be a regulated thrift , while the bad bank would be [ARG0 a private investment company] , [rel holding] [ARG1 some of Columbia 's junk bonds , real estate and equity investments] .
- [ARG0 Customers] [rel holding] [ARG1 contracts for Waertsilae Marine 's undelivered ships] are expected *-1 to subscribe most of the remaining 170 million markkaa in share capital , government officials said 0 *T*-2 .
- Ocean Drilling said 0 [ARG0 it] [ARGM-MOD wo] [ARGM-NEG n't] [rel hold] [ARG1 any shares of the new company] [ARGM-TMP after the restructuring] .
- Terms call for First Security to issue about 0.55 share of its stock for [ARG1 each Deseret share] [rel held] * , or a total of about 550,000 First Security shares .
- Courtaulds has been under pressure * to enhance shareholder value since [ARG0 takeover speculators -- including Australian financier Kerry Packer --] surfaced *-1 [rel holding] [ARG1 small stakes] [ARGM-TMP last year] .
- The company yesterday also said 0 it was scrapping one of its major new products , [ARG0 a 760-megabyte drive] , which *T*-1 , while *-2 technically proficient , did [ARGM-NEG n't] [rel hold] [ARG1 much promise of * generating substantial orders] [ARGM-CAU because financing problems caused a nine-month delay in * getting the product to market] .
- [ARG0 Institut Merieux] , which *T*-1 [ARGM-TMP already] [rel holds] [ARG1 a 12.5 % stake in Connaught] , said that at the close of business Thursday , 5,745,188 shares of Connaught and C$ 44.3 million *U* face amount of debentures , convertible into 1,826,596 common shares , had been tendered *-2 to its offer .
- Crane Co. said 0 [ARG0 it] [rel holds] [ARG1 an 8.9 % stake in Milton Roy Corp. , an analytical-instruments maker] , and may seek control of the company .
- [ARG0 Gabelli Group] began *-1 raising its Milton Roy stake in July , and [rel holds] [ARG1 14.6 %] , [ARGM-ADV according to a recent SEC filing] .
- [ARG0 Crane] [rel holds] [ARG1 504,200 Milton Roy shares , including 254,200 bought * from Sept. 14 to Thursday for $ 15.50 to $ 16.75 *U* each] .
- Statistics on acquisitions by foreigners vary in detail , because [ARGM-ADV unlike Sansui , which *T*-2 is listed *-1 on the Tokyo and Osaka stock exchanges ,] [ARG1 most of the Japanese companies acquired * by foreigners] are [ARGM-MNR privately] [rel held] *-3 .
- We did n't expect BellSouth to be so responsive , '' said *T*-2 Frederick A. Moran , president of [ARG0 Moran Asset Management Inc.] , which *T*-1 [rel holds] [ARG1 500,000 LIN shares] .
- The state-owned [ARG1 industrial] [rel holding] company [ARG0 Instituto] Nacional de Industria and the Bank of Spain jointly hold a 13.94 % stake in Banco Exterior .
- Southern Co. 's Gulf Power Co. unit may plead guilty this week to charges that it illegally steered company money to politicians through outside vendors , according to individuals close to an investigation of the [ARG1 utility] [rel holding] [ARG0 company] .
- American Pioneer , parent of American Pioneer Savings Bank , said 0 the sale will add capital and reduce the level of investments in subsidiaries for the [ARG1 thrift] [rel holding] [ARG0 company] .
- [ARG0 The British government , which *T*-1 owned Jaguar until 1984 ,] [ARGM-TMP still] [rel holds] [ARG1 a controlling `` golden share '' in the company] .
- The information on 125 metropolitan markets is supplied *-1 by retailers such as Sears , Roebuck & Co. and K mart Corp. as well as [ARGM-MNR closely] [rel held] [ARG1 concerns] such as R.H. Macy & Co .
- Montedison S.p.A. definitively agreed *-1 to buy all of the [ARGM-ADV publicly] [rel held] [ARG1 shares] of Erbamont N.V. for $ 37 *U* each .
- Jayark Corp. agreed *-1 to pay $ 4 million *U* in cash , $ 2 million *U* of 12 % convertible debentures , and 1.6 million common shares *-2 to acquire [ARGM-MNR closely] [rel held] [ARG1 Kofcoh] Imports Inc .
- Kofcoh is a New York [rel holding] [ARG0 company] for Rosalco Inc. , which *T*-1 imports furniture and other items .
- [ARG0 David L. Koffman , president and chief executive officer of Jayark ,] [rel holds] [ARG1 about 40 % of Kofcoh] , Jayark said 0 *T*-1 .
- The company said 0 it has agreed *-1 to sell the extrusion division for $ 15 million *U* to R.D. Werner Co. , a [ARGM-MNR closely] [rel held] [ARG1 firm] based * in Greenville , Pa .
- Jim Pattison Industries Ltd. , one of a group of [ARGM-MNR closely] [rel held] [ARG1 companies] owned * by entrepreneur James Pattison , said 0 it `` intends *-1 to seek control '' of 30%-owned Innopac Inc. , a Toronto packaging concern .
- Jim Pattison Industries , a [rel holding] [ARG0 company] with annual sales of about C$ 1.9 billion *U* , largely from car dealerships and grocery stores , did n't elaborate on the statement , and a company official declined further comment .
- The company said 0 [ARG0 it] [ARGM-TMP currently] [rel holds] [ARG1 about 4.2 million of Innopac 's 13.8 million common shares outstanding , which *T*-1 have an aggregate market value of about 137.8 million Canadian dollars -LRB- US$ 117.3 million *U* -RRB-] .
- In a Securities and Exchange Commission filing , Hewlett-Packard said 0 [ARG0 it] [ARGM-TMP now] [rel holds] [ARG1 1,384,119 Octel common shares , including 100,000 shares bought * from Aug. 26 to Oct. 20 for $ 23.31 to $ 24.25 *U* a share] .
- [ARGM-DIS With all this] , [ARGM-MOD can] [ARG0 stock prices] [rel hold] [ARG1 their own] ?
- Crane said 0 [ARG0 it] [rel holds] [ARG1 an 8.9 % stake in the company] and may seek control .
- [ARG0 The group] [ARGM-TMP currently] [rel holds] [ARG1 3,027,330 Rally 's shares , or 45.2 % of its commmon shares outstanding] .
- [ARG0 DPC] [rel holds] [ARG1 about 7.8 % of Dataproducts ' shares] .
- Security Pacific Corp. has set its sights on * buying its second [ARG1 bank] [rel holding] [ARG0 company] this year .
- Earlier this month , Security Pacific , which *T*-1 is among the 10 largest [ARG1 bank] [rel holding] [ARG0 companies] in the U.S. , completed the acquisition of San Diego-based Southwest Bancorp .
- [ARGM-TMP In the end] , [ARG0 Sir John -- rather than the government or Jaguar shareholders --] [ARGM-MOD may] [rel hold] [ARG1 the key that *T*-1 unlocks the golden share] .
- The GM move follows Tuesday 's declaration by [ARG0 Ford] , which *T*-1 [rel holds] [ARG1 an unwelcome 12.45 % stake in Jaguar] , that it is prepared *-2 to bid for the entire company .
- Possible bidders include Christopher Ondaatje , a Toronto financier and vice chairman of Hees International Bancorp Inc. , a [rel holding] [ARG0 company] controlled * by Toronto 's Bronfman family .
- [ARG0 Norton and Texas Eastern] had [ARGM-ADV each] [rel held] [ARG1 a 50 % stake in Eastman] [ARGM-LOC in a joint venture] .
- [ARG0 The 88 mutual funds investing solely in junk bonds] [rel hold] [ARG1 assets of about $ 32 billion *U*] .
- [ARG0 Other funds] [rel hold] [ARG1 a smattering of junk bonds] , [ARGM-DIS too] .
- [ARG0 The fund] [ARGM-TMP now] [rel holds] [ARG1 a cash position of about 15 %] .
- That bill , proposed * by the SEC last year , would require brokerage firms to disclose the financial positions of their [rel holding] [ARG0 companies] , mandate large traders ' reporting of program or block trades , and improve clearing and settlement of trades between the futures and stock markets .
- In a Securities and Exchange Commission filing , Norwood said 0 it 's part of [ARG0 a group] that *T*-1 [rel holds] [ARG1 525,546 Phoenix Technologies common shares , or a 5.3 % stake] .
- Canada 's largest department store operator said 0 the rights offering will entitle holders of its ordinary shares , except residents in the U.S. and Britain , to subscribe for two additional shares for [ARG1 every five shares] [rel held] * at a price of C$ 31.25 *U* a share .
- Hudson 's Bay said that [ARG0 Woodbridge Co.] , which *T*-2 [ARGM-TMP currently] [rel holds] [ARG1 about 77 % of the ordinary shares] , will subscribe for all the shares to which it is entitled *-1 *T*-4 and for any shares that *T*-3 are n't otherwise taken up *-5 .
- Woodbridge is a [rel holding] [ARG0 company] owned * by Toronto 's Thomson family .
- The Los Angeles-based [ARG1 bank] [rel holding] [ARG0 company] disclosed last Friday that it had taken a huge $ 350 million *U* provision for loan losses at the Arizona bank , the result of the state 's worsening real-estate market .
- Mr. Fournier also noted that Navigation Mixte joined Paribas 's core of shareholders when Paribas was denationalized *-1 in 1987 *T*-2 , and said 0 [ARG0 it] [ARGM-TMP now] [rel holds] [ARG1 just under 5 % of Paribas 's shares] .
- Mr. Fournier said 0 [ARG0 the large institutions] that *T*-1 [rel hold] [ARG1 nearly 50 % of Navigation Mixte 's capital] all strongly support him , but some analysts said 0 they are n't so sure .
- The chairman said 0 [ARG0 his board members , including representatives of West German insurance giant Allianz AG and French banks Credit Lyonnais and Societe Generale ,] [rel hold] [ARG1 nearly 50 % of Navigation Mixte 's capital] .
- Diversified , the [rel holding] [ARG0 company] for Fidelity Federal Savings & Loan Association , said 0 the agreement also gives Star States the option * to acquire 588,300 of Diversified 's 1,774,326 shares outstanding `` under certain circumstances . ''
- [ARGM-MNR Closely] [rel held] [ARG1 Automax] has annual sales of about $ 10 million *U* .
- James Fallon , a New Providence , N.J. , marketing consultant to the chemicals industry , says 0 [ARG0 Du Pont] [ARGM-DIS still] [rel holds] [ARG1 an edge] [ARGM-LOC in *-1 making the pigment] [ARGM-CAU because the company was `` first in with the technology '' 0 *T*-2 to lower costs] .
- He said 0 [ARG0 Du Pont] [rel holds] [ARG1 about 23 % of the world-wide market , the largest single share ,] [ARGM-TMP at a time when growing uses for the pigment have kept it in tight supply *T*-1] , [ARGM-ADV although others are now adding low-cost production capacity] .
- [ARG0 He] [ARGM-TMP previously] [rel held] [ARG1 similar responsibilities] .
- [ARG0 MCA] [rel holds] [ARG1 half of Cineplex 's equity and 33 % of its voting rights] [ARGM-MNR through restricted voting shares] , [ARGM-ADV while Bronfman interests hold about 24 % of the company 's equity] .
- MCA holds half of Cineplex 's equity and 33 % of its voting rights through restricted voting shares , while [ARG0 Bronfman interests] [rel hold] [ARG1 about 24 % of the company 's equity] .
- In September , DWG , a Miami Beach , Fla. , [rel holding] [ARG0 company] controlled * by financeer Victor Posner , rejected an offer *ICH*-1 from a group of Arby 's franchisees * to acquire Arby 's for $ 200 million *U* .
- Under United Illuminating 's plan , a new [rel holding] [ARG0 company] *ICH*-3 would be formed *-1 0 *T*-2 to own the two companies .
- Mr. Marmalstein adds that [ARG0 his company] is [ARGM-TMP now] [rel holding] [ARG1 some goods] [ARGM-PNC in anticipation of * being paid *-1 in full] .
- Along with reduced volume , analysts said 0 [ARG0 the nation 's fifth largest steelmaker] was hurt *-1 by *-1 [rel holding] [ARG1 higher-cost inventory] [ARGM-TMP when raw material costs of such key products as nickel dropped *T*-2] .
- The [ARG1 apparel] [rel holding] [ARG0 company] had sales in the quarter ended * Aug. 27 of $ 1 billion *U* , up 12 % from $ 908.8 million *U* a year ago .
- Previously , Columbia did n't have *-1 to adjust the book value of its junk-bond holdings * to reflect declines in market prices , because [ARG0 it] [rel held] [ARG1 the bonds] as [ARG3-as long-term investments] .
- Columbia officials said 0 they do n't know how quickly they will dispose of the thrift 's junk bonds *T*-3 , because federal regulations , such as those that *T*-2 would allow [ARG0 thrifts] to continue *-4 [rel holding] [ARG1 the bonds] [ARGM-LOC in separately capitalized subsidiaries] , have n't yet been completed *-1 .
- Anheuser said 0 [ARG0 it] continues *-1 to [rel hold] to [ARG1-to its earlier-announced goal of a 50 % U.S. market share by the mid-1990s] .
- [ARG1 The remainder] is [rel held] *-1 by the public and by [ARG0-by family interests] , a spokeswoman for the French group said 0 *T*-2 .
- [ARG1 The remainder] is [rel held] *-1 by [ARG0-by the public] and by family interests , a spokeswoman for the French group said 0 *T*-2 .
- Comprehensive Care Corp. , which *T*-2 has agreed *-3 to be acquired *-1 by [ARGM-MNR closely] [rel held] [ARG1 First] Hospital Corp. , reported a $ 4.7 million *U* loss for its Aug. 31 first quarter and said 0 it is negotiating an extension of senior bank debt past its Oct. 18 due date .
- [ARG0 A group including New York investors Douglas A. Kass and Anthony Pedone] [rel holds] [ARG1 the equivalent of a 12.6 % stake in H.H. Robertson Co. 's common shares outstanding] , according to a filing with the Securities and Exchange Commission .
- And in a separate transaction , Beghin-Say will sell its remaining 25 % interest in A.T.B. , a [rel holding] [ARG0 company] for [ARG1-for international trading assets] , to an unspecified unit of Ferruzzi for 258 million francs .
- The unit , which *T*-1 is the [rel holding] [ARG0 company] for [ARG1-for Esselte 's non-Swedish units] , accounted for 58 % of sales and 71 % of operating profit last year .
- The programs occurred against the backdrop of a late pullback in [ARG1 UAL] , which *T*-1 had [rel held] at [ARG2-at slightly lower levels] [ARGM-TMP through most of the session] [ARGM-LOC amid optimism that another bidder might surface] .
- The [ARG1 clinical] testing services [rel holding] [ARG0 company] is based *-1 in San Juan Capistrano , Calif .
- Philip L. Hall , president of J. Lawrence Hall Co. , Nashua , was named *-1 a director of this [ARG1 thrift] [rel holding] [ARG0 company] , *-1 filling a vacancy .
- General unsecured creditors of the parent [rel holding] [ARG0 company] initially will receive $ 14 million *U* in cash , $ 22 million *U* face amount of senior notes and 49 % of the new company 's stock .
- The [ARG1 bank] [rel holding] [ARG0 company] will auction another $ 50 million *U* in each maturity next Tuesday .
- McDonald 's Mr. Millis said 0 [ARG0 Goodyear] appeared *-1 to have [rel held] or gained [ARG1 some market share in the U.S.] [ARGM-TMP for the first time since the second quarter of 1988] .
- `` [ARG0 They] are [rel holding] [ARG1 their own] [ARGM-LOC in a weak market] , and the restructuring is working , '' he says *T*-1 .
- Some $ 380 million *U* of the troubled assets is repossessed real estate , a 55.6 % surge from the $ 244.2 million *U* of [ARG1 repossesed property] 0 [ARG0 HomeFed] [rel held] *T*-1 [ARGM-TMP a year ago] .
- [ARG0 The company] , which *T*-1 [ARGM-TMP now] [rel holds] [ARG1 a 34 % stake in the venture] , has indicated that it intends *-2 to retain at least a 20 % stake long term .
- And a spokesman for [ARG0 Reliance Group Holdings Inc.] , which *T*-1 had [rel held] [ARG1 7 % of UAL] [ARGM-TMP before the first buy-out bid] but later reduced its holdings below 5 % , would n't comment .
- Citizens First Bancorp . Inc. said 0 it agreed *-1 to buy Lakeland First Financial Group Inc. , a Succasunna , N.J. , [ARG1 bank] [rel holding] [ARG0 company] , for about $ 50.6 million *U* in cash and stock .
- Overall , Mr. Gillett 's [rel holding] [ARG0 company] , Gillett Holdings , is heavily indebted and , except for its Vail Mountain resorts , is n't doing very well .
- Some changes to the plan were minor adjustments , but the most significant was an amendment that *T*-1 provides that if [ARG0 any investor] [rel holds] [ARG1 25 % or more *U* of Rubbermaid 's voting securities] , each right held * by others would entitle the holder to buy Rubbermaid shares with a market value of twice the right 's exercise price .
- Some changes to the plan were minor adjustments , but the most significant was an amendment that *T*-1 provides that if any investor holds 25 % or more *U* of Rubbermaid 's voting securities , [ARG1 each right] [rel held] * by [ARG0-by others] would entitle the holder to buy Rubbermaid shares with a market value of twice the right 's exercise price .
- Georgia Gulf , another producer of commodity chemicals , advanced 2 to 49 1\/2 ; [ARG0 Dallas investor Harold Simmons] , who *T*-1 [rel holds] [ARG1 about 10 % of its shares] , said 0 he has n't raised his stake .
- The British government currently forbids [ARG0 any outside investor] from *-1 [rel holding] [ARG1 more than 15 % of the company 's shares] [ARGM-MNR without permission] until Dec. 31 ,
- The price was n't disclosed *-1 , but an executive of LJN Toys Ltd. , the MCA unit , said 0 the [ARGM-MNR closely] [rel held] [ARG1 Buddy] L had annual sales in excess of $ 20 million *U* .
- However , a spokeswoman for BankAmerica Corp. said 0 yesterday 's absenteeism at the [ARG1 bank] [rel holding] [ARG0 company] was no greater than on an average day .
- Bechtel Group Inc. , the giant [ARGM-MNR closely] [rel held] [ARG1 engineering] concern , says 0 it has instituted a 6 a.m. to 8 p.m. flextime arrangement , whereby employees may select any eight-hour period during those hours 0 * to go to work *T*-1 *T*-2 .
- [ARG0 The Jefferson Smurfit affiliate , Smurfit International B.V. ,] [rel holds] [ARG1 about 78 % of the shares outstanding] .
- In September 1988 , Eagle acquired Biny Clothing Inc. , a [ARGM-MNR closely] [rel held] [ARG1 New] York chain operated * under the Bonds name .
- [ARGM-DIS But] [ARG1 Navigation Mixte] is [ARGM-MNR loosely] [rel held] *-1 and hard 0 * to defend *T*-2 .
- [ARG0 Allianz] [rel holds] [ARG1 a 50 % stake in Navigation Mixte 's insurance interests , acquired * three weeks ago] .
- [ARG0 It] [ARGM-DIS also] [rel holds] [ARG1 nearly 40,000 acres of raw land with development potential] , but under a previously announced strategy , the company has targeted * building on 5,400 acres in California , Arizona and the Chicago area .
- [ARGM-DIS Also] [rel holding] [ARG1 two seats each on the board] , they said 0 *T*-2 , would be *T*-1 [ARG0 Olympia & York Developments Ltd. , controlled * by the Reichmann family of Canada , and Itel Corp. , controlled * by Chicago businessman Sam Zell] .
- In a Securities and Exchange Commission filing , Meson said 0 [ARG0 it] [rel holds] [ARG1 67,400 Verit common shares , including net purchases of 8,100 shares bought * from Oct. 10 , 1988 , to Oct. 11 , 1989 , for $ 3.875 to $ 7 *U* each] .
- Generali , Italy 's biggest insurer , last month offered 5,500 lire a share for [ARG1 the Nuovo Banco stake] [rel held] * by [ARG0-by Banco Popolare di Milano , the bank 's largest shareholder , which *T*-1 announced plans * to sell the holdings earlier this year] .
- At [ARGM-MNR closely] [rel held] [ARG1 Deltec] Securities Corp. , junk bond money managers Amy K. Minella and Hannah H. Strasser say 0 the problems of the junk market go deeper than a temporary malaise .
- New Canaan Investments is a [ARGM-MNR closely] [rel held] [ARG1 investment] partnership with interests primarily in the packaging industry .
- [ARG0 Tana] , which *T*-1 [rel holds] [ARG1 properties in 17 oil and gas fields in south Texas] , will provide Texaco with mostly gas reserves .
- A Generale spokesman confirmed that the giant Belgian [rel holding] [ARG0 company] would be willing *-1 to raise its stake in AG should a raider seek control .
- A bill that *T*-1 would permit the Securities and Exchange Commission to monitor the financial condition of securities firms ' [rel holding] [ARG0 companies] is facing tough opposition from some Wall Street firms , which *T*-2 argue that the legislation is unnecessary .
- However , he recently told the Senate Banking Committee that he believes 0 the agency should have explicit authority *-2 to monitor debt levels at [rel holding] [ARG0 companies] and affiliates of broker-dealers , which *T*-1 are frequently used *-3 *-4 to issue bridge loans .
- First Boston , whose holding company , CS First Boston Group , *T*-1 is one of the larger issuers of bridge loans on Wall Street , said 0 it is also concerned that once the SEC has the power *-2 to monitor [rel holding] [ARG0 companies] , it will try *-3 to regulate their activities .
- First Boston , whose [rel holding] [ARG0 company] , CS First Boston Group , *T*-1 is one of the larger issuers of bridge loans on Wall Street , said 0 it is also concerned that once the SEC has the power *-2 to monitor holding companies , it will try *-3 to regulate their activities .
- Hibernia Corp. , a New Orleans [ARG1 bank] [rel holding] [ARG0 company] , will join the Big Board Thursday under HIB .
- [ARGM-DIS Yet] [ARG0 it] [ARGM-TMP still] [rel held] [ARG1 $ 916.3 million *U* of repossessed real estate , for which it maintains no reserves whatsoever *T*-1] .
- [ARG0 The bank 's Arizona unit] [rel holds] [ARG1 about $ 6 billion *U* of First Interstate 's $ 50 billion *U* of assets] .
- S&P also lowered ratings on unsecured deposits and issues backed * by a letter of credit from the [ARG1 bank] [rel holding] [ARG0 company] 's principal unit , Valley National Bank of Arizona .
- Under the offer , shareholders can purchase one Enfield share at C$ 6.27 *U* for [ARG1 each five shares] [rel held] * .
- The [rel holding] [ARG0 company] said 0 the rights offering should reduce its C$ 171 million *U* debt to `` more manageable levels '' before Dec. 31 and allow it to finance future investments with equity capital .
- Mr. Dinkins , the Manhattan borough president , can afford more bumbling and stumbling because [ARG0 he] [rel holds] [ARG1 a comfortable 20-point lead] [ARGM-LOC in most of the public-opinion polls] .
- The rating agency said 0 it lowered the ratings on $ 75 million *U* of the [rel holding] [ARG0 company] 's convertible subordinated Eurodebentures to B-3 from B-1 .
- In March , the group disclosed 0 [ARG0 it] [rel held] [ARG1 a 7.2 % stake in Anacomp] [ARGM-PNC for investment purposes] .
- [ARG0 It] [ARGM-TMP now] [rel holds] [ARG1 233,000 A.P. Green common shares , including 30,000 shares bought last Thursday for $ 35.50 to $ 36.50 *U* a share] .
- As it stands now , [ARG0 the government] would continue *-2 to [rel hold] [ARG1 45 % of Picop] after the 36 % stake is sold *-1 .
- The new [rel holding] [ARG0 company] , Webster\/Eagle Bancorp Inc. , will have about $ 1.2 billion *U* of assets and 19 banking offices in Connecticut .
- The board will be made up of seven directors of each [rel holding] [ARG0 company] .
- The board could eventually come under some pressure * to sell the company because its members can be ousted *-1 by a majority shareholder vote , particularly since [ARG1 one-third of UAL stock] is [rel held] *-2 by [ARG0-by takeover stock speculators who *T*-3 favor a sale] .
- Manhattan National Corp. said 0 Michael A. Conway , president and chief executive officer , was elected *-1 chief executive of the [rel holding] [ARG0 company] 's two principal insurance subsidiaries .
- Harry Rossi , 69 , chairman of the [rel holding] [ARG0 company] , also remains chairman of Manhattan National Life Insurance Co .
- [ARGM-CAU As a result of the sales] [ARG0 he] [rel holds] [ARG1 6,727,042 shares] .
- AT&T said 0 the expense increase will be largely offset *-1 by a gain from its previously announced plan * to swap its holdings in Ing . C. Olivetti & Co. for shares in Cie . Industriali Riunite , an Italian [rel holding] [ARG0 company] .
- The producers ' 28 % share of [ARGM-MNR publicly] [rel held] [ARG1 Guber] Peters would net them an additional $ 50 million *U* .
- Moody 's Investors Service Inc. said 0 it lowered its rating on about $ 400 million *U* of this [ARG1 bank] [rel holding] [ARG0 company] 's senior debt to B2 from Ba3 .
- The two companies , both based *-1 in San Juan , will form a [ARG1 bank] [rel holding] [ARG0 company] with assets of just over $ 9 billion *U* .
- The [rel holding] [ARG0 company] will be called *-1 BanPonce Corp .
- Rafael Carrion Jr. , chairman of Banco Popular , will be the chairman of the [rel holding] [ARG0 company] .
- Alberto M. Paracchini , currently chairman of BanPonce , will serve as president of the [ARG1 bank] [rel holding] [ARG0 company] and chairman of the subsidiary .
- `` I do n't know what the risk *ICH*-1 is *T*-2 -LCB- of [ARG0 *] [rel holding] [ARG1 the stock] -RCB- .
- [ARG0 Mr. Cremonie 's firm] [ARGM-TMP once] [rel held] [ARG1 about 4.8 % of H&R Block] .
- Jefferies , a Los Angeles [rel holding] [ARG0 company] primarily engaged * in securities trading , also said 0 stock market declines since the quarter ended Sept. 30 created an unrealized pretax loss of about $ 6 million *U* in its risk arbitrage account .
- The [ARG1 bank] [rel holding] [ARG0 company] posted net income of $ 54.4 million *U* , or 87 cents a share , including $ 1.7 million *U* , or three cents a share , in one-time tax benefits .
- Storage , Louisville , Colo. , which *T*-1 makes data-storage devices for mainframe computers , said 0 the huge increase in net reflects `` strong sales '' of its tape products , particularly [ARG0 the 4400 Automated Cartridge System] , which *T*-2 [rel holds] [ARG1 a library of tape cartridges] .
- Assets of Construction Equipment International , Houston , were sold *-1 to Essex Crane Inc. , and the assets of Elgin Electronics , Erie , Pa. , were sold *-2 to [ARGM-MNR closely] [rel held] [ARG1 Charter] Technologies Inc .
- LIN would have a priority right * to pursue all opportunities * to acquire U.S. cellular interests in markets other than those in which [ARG0 McCaw] [rel holds] [ARG1 an interest *T*-2] , or which *T*-1 are contiguous to those markets , unless LIN has an interest there or contiguous to it .
- Capital Holding Corp. said 0 it requested and received the resignation of John A. Franco , its vice chairman , as an officer and a director of the [ARG1 life] insurance [rel holding] [ARG0 company] .
- H.F. Ahmanson & Co. , the nation 's largest [ARG1 thrift] [rel holding] [ARG0 company] , posted a 12 % earnings decline for the third quarter while another large California savings and loan , Great Western Financial Corp. , reported a slight earnings gain .
- [ARG1 Roughly one-third of its stock] is believed *-2 [rel held] *-3 by [ARG0-by takeover stock traders , who *T*-1 could vote *-4 to oust the board if they become impatient] .
- Meanwhile , [ARG0 the buy-out group 's] task of * [rel holding] [ARG1 its fragile coalition] [ARG3 together] , [ARGM-MNR in the face of the bid 's collapse and internal opposition from two other employee groups] , has been further complicated *-1 by an apparent rift in the ranks of the pilot union itself .
- The [ARG1 bank] [rel holding] [ARG0 company] said 0 stock repurchased * will be used *-1 * to meet requirements for the company 's benefit plans .
- The term greenmail refers to a situation where a company pays a premium over market value *T*-1 *-2 to repurchase [ARG1 a stake] [rel held] * by [ARG0-by a potential acquirer] .
- Demand for the new version was enabling [ARG0 Lotus] to raise prices with distributors and to [rel hold] [ARG1 market share] against [ARG2-against Microsoft and other competitors that *T*-1 tried *-3 to exploit the earlier delays in Release 3 's launch] , Mr. Sherlund added 0 *T*-4 .
- He estimated that [ARG0 1-2-3] outsold Microsoft 's Excel spreadsheet by four-to-one in the quarter , and [rel held] [ARG1 a 70 % or better share of the spreadsheet market] .
- WCRS Group , for its part , will now be able *-2 to follow its longstanding plan of *-3 becoming `` a [rel holding] [ARG0 company] for a series of media-related businesses , '' said 0 *T*-1 Peter Scott , the firm 's chief executive .
- '' [ARG0 Ford] probably would try *-1 to kill the proposal by *-3 enlisting support from U.S. takeover-stock speculators and [rel holding] out [ARG1 the carrot of a larger bid later] , said 0 *T*-2 Stephen Reitman , European auto analyst at London brokers UBS Phillips & Drew .
- In July , Moody 's downgraded $ 400 million *U* of the company 's debt , *-1 saying 0 the [ARG1 bank] [rel holding] [ARG0 company] had n't taken adequate write-offs against potential losses on real estate loans despite its second-quarter write-down .
- The Phoenix-based [rel holding] [ARG0 company] for Arizona 's largest bank said 0 it added $ 121 million *U* to its allowance for losses on loans and for real estate owned * .
- The latest financial results at the troubled [ARG1 utility] and thrift [rel holding] [ARG0 company] , based * in Phoenix , Ariz. , reflect continuing problems at MeraBank and losses in real-estate , venture-capital and uranium-mining operations .
- Moreover , unlike [ARG0 Mr. Buffett] , who *T*-1 [ARGM-TMP often] [rel holds] [ARG1 big stakes in companies] [ARGM-TMP for years] , Mr. Steinhardt has n't in the past done much long-term investing .
- As a result , [ARG0 Mr. Steinhardt] must reconcile himself to *-1 selling USAir at a loss , or to *-1 [rel holding] [ARG1 the shares] as [ARG3-as an old-fashioned investment] .
- However , Mr. Steinhardt says 0 [ARG0 he] 's `` comfortable *-1 [rel holding] [ARG1 USAir] as [ARG3-as an investment] . ''
- [ARG0 Mr. Buffett 's firm , Berkshire Hathaway ,] [rel holds] [ARG1 a much bigger stake in the carrier than Mr. Steinhardt 's firm , Steinhardt Partners] .
- Besides Ms. and Sassy , [ARGM-MNR closely] [rel held] [ARG1 Lang] Communications includes Success , a magazine for entrepreneurs and small businesses , and Working Woman and Working Mother , two monthly magazines .
- The additional reserves relate to possible write-downs of [ARG1 certain assets] [rel held] * by [ARG0-by Franklin and its subsidiaries] and the default of a bond in its investment portfolio , the thrift said 0 *T*-1 .
- The calls reached many , but certainly not all , of the [ARGM-MNR publicly] [rel held] [ARG1 companies] with operations in the area .
- Coupled with his current 1.2 million shares and [ARG1 4 %] [rel held] * by [ARG0-by an associate] , the stake would have given him control of 55 % of the concern .
- In a separate SEC filing , [ARG0 Albert Safer] , who *T*-1 [rel holds] [ARG1 6.46 % of United Merchants] , said 0 he retained investment bank Lazard Freres & Co. for advice as he evaluates the possibility of *-2 making a bid for the textile maker .
- The total value of [ARGM-MNR privately] [rel held] [ARG1 assets] is easily more than $ 15 trillion *U* .
- The [ARGM-MNR closely] [rel held] [ARG1 company] has n't disclosed sales .
- In a Securities and Exchange Commission filing , Mr. Simmons said 0 [ARG0 he and companies 0 he controls *T*-1 , NL Industries Inc. and NL Chemicals Inc. ,] [rel hold] [ARG1 6,744,600 shares of Lockheed , of Calabasas , Calif] .
- US Facilities Corp. said 0 Robert J. Percival agreed *-1 to step down as vice chairman of the [ARG1 insurance] [rel holding] [ARG0 company] .
- Robin Honiss , president and chief executive officer of this [ARG1 bank] [rel holding] [ARG0 company] , was elected *-3 to the additional posts of chairman , president and chief executive of the company 's New England Savings Bank subsidiary .
- However , the [ARG1 bank] [rel holding] [ARG0 company] 's loan-loss reserves rose to $ 177.3 million *U* from $ 154 million *U* a year earlier .
- Robert M. Jelenic , 39 , was named *-2 president *RNR*-1 and chief operating officer *RNR*-1 of this [ARGM-MNR closely] [rel held] [ARG1 publisher] .
- In a filing with the Securities and Exchange Commission , [ARG0 Parsow and Elkhorn] , which *T*-3 [ARGM-MNR together] [rel hold] [ARG1 8.685 % of CACI 's common shares] , said 0 they think 0 it *EXP*-1 is in the best interest of CACI stockholders that the company be sold *-2 .
- Banc One Corp. said 0 Frank E. McKinney plans *-1 to retire as the [ARG1 bank] [rel holding] [ARG0 company] 's president effective Jan. 12 .
- Mr. McKinney , 50 years old , was chairman *RNR*-2 and chief executive *RNR*-2 of American Fletcher Corp. , Indianapolis , when that [ARG1 bank] [rel holding] [ARG0 company] merged into Banc One in January 1987 *T*-1 .
- Moody 's Investors Service Inc. said 0 it lowered ratings on about $ 650 million *U* of Beatrice Co. debt , * citing the [ARGM-MNR closely] [rel held] [ARG1 Chicago] food concern 's proposed recapitalization .
- Yaohan Departmentstore Co. of Japan is moving its international-operations headquarters and [rel holding] [ARG0 company] to Hong Kong * to gain from the British colony 's economic advantages and tax structure .
- [ARG1 DFC] is [rel held] *-1 80 % by National Provident Fund , New Zealand 's largest pension fund , and [ARGM-MNR 20 %] by [ARG0-by Salomon Brothers Inc. , the investment-bank and securities-firm subsidiary of Salomon Inc. in New York] .
- [ARG1 DFC] is [rel held] *-1 [ARGM-MNR 80 %] by [ARG0-by National Provident Fund , New Zealand 's largest pension fund] , and 20 % by Salomon Brothers Inc. , the investment-bank and securities-firm subsidiary of Salomon Inc. in New York .
- The [ARG1 bank] [rel holding] [ARG0 company] will auction another $ 50 million *U* of commercial paper in each maturity next Tuesday .
- -LRB- Jaguar 's ADRs make the company one of the [ARGM-MNR most widely] [rel held] [ARG1 United] Kingdom stocks in the U.S. , with more than one-fourth of its shares owned *-1 there . -RRB-
- Newport Electronics Inc. of Santa Ana , Calif. , said 0 [ARG0 Milton B. Hollander] , who *T*-1 [rel holds] [ARG1 a 49.4 % stake] , requested a special shareholders ' meeting next Wednesday * to remove four current directors and elect an alternative slate .
- Unilab Corp. , Norcross , Ga. , said 0 it acquired the clinical laboratories of [ARGM-MNR closely] [rel held] [ARG1 Central] Diagnostic Laboratory Inc. in a cash and securities transaction valued * at $ 85 million *U* .
- Honeywell said 0 it is negotiating the sale of a second stake in Yamatake-Honeywell , but indicated 0 [ARG0 it] intends *-1 to [rel hold] [ARG1 at least 20 % of the joint venture 's stock] long term .
- Shareholders of Central , a [ARG1 bank] [rel holding] [ARG0 company] based * in Sterling , Ill. , will receive Amcore stock equal to 10 times Central 's 1989 earnings , Amcore said 0 *T*-1 .
- Amcore , also a [ARG1 bank] [rel holding] [ARG0 company] , has assets of $ 1.06 billion *U* .
- Thus , in an unprecedented arrangement underscoring the seriousness of the transfer , the CBOE , the American Stock Exchange and the Options Clearing Corp. , as well as the firm 's owner , Stephen Fossett , put up a total of $ 50 million *U* *-1 to guarantee the customer positions being transferred * to the [ARG1 bank] [rel holding] [ARG0 company] subsidiary in case the market plunged again yesterday .
- [ARG0 DPC] [rel holds] [ARG1 a 7.8 % stake in Dataproducts] and made a $ 15-a-share *U* bid for the company in May , but Dataproducts management considered the $ 283.7 million *U* proposal unacceptable .
- Security Pacific 's earnings growth slowed in the third quarter , but the Los Angeles [ARG1 bank] [rel holding] [ARG0 company] was still able *-1 to post a 10 % increase in net income because of robust growth in residential real-estate and consumer loans .
- In a letter filed * with the Securities and Exchange Commission , [ARG0 the group] , which *T*-1 [rel holds] [ARG1 about 4.5 million Telerate shares , or about 4.7 % of the shares outstanding] , said `` ... at present none of us believes 0 an offer for less than $ 25 *U* per share would be fair and some believe that $ 25 *U* is too low . ''
- The plan would permit the [ARG1 bank] [rel holding] [ARG0 company] to retire its bank and debenture obligations through exchanges of cash and equity .
- In exchange for the $ 76 million *U* 0 they are owed *-1 *T*-2 , creditor banks will receive 3.9 million shares of BancOklahoma common stock and the proceeds from the future sales of four subsidiary banks to private buyers , the [ARG1 bank] [rel holding] [ARG0 company] said 0 *T*-3 .
- Bear Stearns is the [rel holding] [ARG0 company] for Bear , Stearns & Co. , the investment banking and brokerage firm .
- Laidlaw is 47%-controlled by Canadian Pacific Ltd. , a Montreal [ARG1 transportation] , resources and industrial [rel holding] [ARG0 concern] .
- The [ARGM-MNR closely] [rel held] [ARG1 Hertz] Corp. had annual revenue of close to $ 2 billion *U* in 1988 , of which $ 1.7 billion *U* *T*-2 was contributed *-1 by its Hertz * Rent A Car operations world-wide .
- [ARGM-MNR Closely] [rel held] [ARG1 U.S.] Banknote offered the $ 7 *U* a share , or $ 126 million *U* , for as many as 14.9 million shares , or 78.6 % , of International Banknote 's shares outstanding .
- Gitano Group Inc. said 0 it agreed *-1 to buy 50 % of Regatta Sport Ltd. , a [ARGM-MNR closely] [rel held] [ARG1-MNR apparel] maker , with the assumption of $ 3 million *U* of contingent debt .
- [ARGM-ADV Including the stake 0 DIG already held *T*-1] , [ARG0 DIG] [rel holds] [ARG1 a total of about 25 % of Di Giorgio 's shares] on a fully diluted basis .
- Including [ARG1 the stake] 0 [ARG0 DIG] [ARGM-TMP already] [rel held] *T*-1 , DIG holds a total of about 25 % of Di Giorgio 's shares on a fully diluted basis .
- BSN will initially acquire a 15 % interest in Birkel , a [ARGM-MNR closely] [rel held] [ARG1 concern] .
- Moody 's Investors Service Inc. said 0 it reduced its rating on $ 281 million *U* of senior and subordinated debt of this [ARG1 thrift] [rel holding] [ARG0 company] , to C from Ca , *-1 saying 0 it believes 0 bondholders will recover only `` negligible principal . ''
- Omnicare Inc. , which *T*-1 intends *-2 to expand its position in the medical and dental markets , said 0 it acquired a cotton and gauze products division from [ARGM-MNR closely] [rel held] [ARG1 Sterile] Products Corp. for $ 8.2 million *U* .
- J.P. Industries Inc. said 0 it signed a definitive agreement * to sell its Builders ' Hardware Group to [ARGM-MNR closely] [rel held] [ARG1 Nalcor] Inc. of Beverly Hills , Calif .
- Cara Operations , a food services concern , and Unicorp , a [rel holding] [ARG0 company] with interests in oil and natural gas and financial services , are based *-1 in Toronto .
- Herbert M. Sandler , chairman and chief executive officer of the Oakland , Calif. , [ARG1 savings-and-loan] [rel holding] [ARG0 company] , credited the high number of loans added * to the company 's portfolio over the last 12 months for *-1 broadening its earning asset base and improving profit performance .
- Memotec said 0 the tender offer is conditioned *-1 on , among other things , holders tendering at least 15 % of the shares outstanding , other than [ARG1 the shares] [rel held] * by [ARG0-by Mr. Johnston] .
- Chicago investor William Farley agreed *-1 to sell three divisions of Cluett Peabody & Co. for about $ 600 million *U* to Bidermann S.A. , a [ARGM-MNR closely] [rel held] [ARG1 clothing] maker based * in Paris .
- Shortly after *-1 completing the $ 1.56 billion *U* acquisition of West Point-Pepperell Inc. in April , Mr. Farley 's [rel holding] [ARG0 company] , Farley Inc. , said 0 it was considering the sale of Cluett , a leading shirt maker and one of West Point-Pepperell 's biggest units .
- Applied , then a [ARGM-MNR closely] [rel held] [ARG1 company] , was stagnating under the management of its controlling family .
- [ARGM-MNR Closely] [rel held] [ARG1 Morris] Communications is based *-1 in Augusta , Ga .
- MedChem Products Inc. said 0 a U.S. District Court in Boston ruled that a challenge by MedChem to the validity of [ARG1 a U.S. patent] [rel held] * by [ARG0-by Pharmacia Inc.] was `` without merit . ''
- [ARG0 French state-owned Rhone-Poulenc S.A.] [rel holds] [ARG1 51 % of Merieux] .
- He said 0 it has reached the same conclusions about some attempts * to buy [ARGM-MNR closely] [rel held] [ARG1 concerns] , but eventually allowed those acquisitions to proceed .
- [ARG0 CenTrust , which *T*-2 is Florida 's largest thrift ,] [rel holds] [ARG1 one of the largest junk-bond portfolios of any thrift in the nation] .
- Those outside investors in Coldwell Banker include Carlyle Group , a [ARGM-MNR closely] [rel held] [ARG1 Washington , D.C. ,] merchant banking firm whose co-chairman *T*-1 is Frank Carlucci , former secretary of defense ; Frederic V. Malek , senior adviser to Carlyle Group ; Mellon Family Trust of Pittsburgh ; Westinghouse Credit Corp. , the financial services unit of Westinghouse Electric Corp. ; Bankers Trust Co. , a unit of Bankers Trust New York Corp. ; and a group of Japanese investors represented * by the investment banking unit of Tokyo-based Sumitomo Bank .
- The Societe Generale banking group controls 18.2 % of the shareholding , while Societe Generale de Belgique S.A. owns 9.69 % and Financiere Tradition , a [rel holding] [ARG0 company] , owns 5.1 % .
- Mr. Rocha Garza said that [ARG0 he , Clarendon Group Ltd. , Biscayne , Lahus II , and Lahus III] are all affiliated and [rel hold] [ARG1 a combined stake of 1,234,100 shares , or 9.33 %] .
- The state-controlled insurer Assurances Generales de France said 0 it has obtained regulatory approval * to increase its stake in the financial [rel holding] [ARG0 company] Cie. de Navigation Mixte above 10 % from the current level of about 8 % .