issue.01

frames

Until Congress acts , [_ARG0 the government] has n't any authority * to [_rel issue] [_ARG1 new debt obligations of any kind] , the Treasury said 0 *T*-1 .
The 1988 trade act requires [_ARG0 Mrs. Hills] to [_rel issue] [_ARG1 another review of the performance of these countries] [_ARGM-TMP by April 30] .
They also have become large purchasers of Fannie Mae 's corporate debt , *-2 buying $ 2.4 billion *U* in Fannie Mae bonds during the first nine months of the year , or almost a tenth of [_ARG1 the total amount] [_rel issued] * .
Unlike traditional open-end mutual funds , most of these one-country portfolios are [_ARG0 the `` closed-end '' type] , *-1 [_rel issuing] [_ARG1 a fixed number of shares that *T*-38 trade publicly] .
The government 's construction spending figures contrast with [_ARG1 a report] [_rel issued] * [_ARGM-TMP earlier in the week] by [_ARG0-by McGraw-Hill Inc. 's F.W. Dodge Group] .
BRAMALEA Ltd. said 0 [_ARG0 it] agreed *-1 to [_rel issue] [_ARG1 100 million Canadian dollars -LRB- US$ 85.1 million *U* -RRB- of 10.5 % senior debentures due Nov. 30 , 1999 , together with 100,000 bond purchase warrants] .
Department officials say that HHS Secretary Louis Sullivan will support [_ARG1 Dr. Mason 's ruling] , which *T*-112 [_ARGM-MOD will] be [_rel issued] *-1 [_ARGM-TMP soon] [_ARGM-MNR in the form of a letter to the acting director of the National Institutes of Health] .
The restaurant operator said 0 it has redeemed [_ARG1 its rights] [_rel issued] * [_ARGM-TMP Monday] [_ARGM-LOC under its shareholder rights plan] .
[_ARG1 The warnings] , [_rel issued] * to [_ARG2-to at least 100 criminal defense attorneys] [_ARGM-LOC in several major cities] [_ARGM-TMP in the last week] , have led to an outcry by members of the organized bar , who *T*-125 claim 0 the information is protected *-1 by attorney-client privilege .
[_ARG0 It] [_ARGM-DIS also] [_rel issued] [_ARG1 a final rule requiring auto makers to equip light trucks and minivans with lap-shoulder belts for rear seats * beginning in the 1992 model year] .
SHAREDATA Inc. said 0 it will amend a registration statement filed * with the Securities and Exchange Commission *-1 to delete a plan * to sell 500,000 [_ARGM-TMP newly] [_rel issued] [_ARG1 common] shares .
The downgrading of [_ARG1 debt] [_rel issued] * by [_ARG0-by CS First Boston Inc. , parent of First Boston Corp. ,] by Moody 's Investors Service Inc. , * coupled * with a Moody 's announcement that Shearson Lehman Hutton Holdings Inc. is under review for a possible downgrade , sent shivers through the brokerage community this week .
But rather than * sell new 30-year bonds , [_ARG0 the Treasury] [_ARGM-MOD will] [_rel issue] [_ARG1 $ 10 billion *U* of 29year , nine-month bonds] -- [_ARGM-ADV *-2 essentially increasing the size of the current benchmark 30-year bond that *T*-3 was sold *-1 at the previous refunding in August] .
Until such action takes places , [_ARG0 the Treasury] has no ability * to [_rel issue] [_ARG1 new debt of any kind] .
`` Producers were granted *-2 the right *ICH*-1 earlier this year * to ship sugar and [_ARG1 the export licenses] were expected *-4 to have begun *-5 to be [_rel issued] *-3 '' yesterday .
It is expected that [_ARG1 common shares equal to the number of units outstanding -- about 108 million on Sept. 30 --] [_ARGM-MOD will] be [_rel issued] *-3 [_ARGM-TMP during the first quarter of 1990] .
[_ARGM-ADV * Depending upon how many warrants and options *T*-2 are exercised *-1 prior to completion of the transaction] , [_ARG0 Heritage] [_ARGM-MOD would] [_rel issue] [_ARG1 between 1.8 million and 2.35 million preferred shares] , a Heritage spokesman estimated 0 *T*-3 .
[_ARG0 The U.S. International Trade Commission] [_rel issued] [_ARG1 preliminary rulings under the U.S. anti-dumping act that imports of sweaters from Hong Kong , Taiwan and South Korea may be injuring a domestic industry] .
In a hearing before the House Ways and Means Committee , the General Accounting Office and the Congressional Budget Office , which *T*-1 both are arms of Congress , advised the new S&L bailout agency *-3 to abandon plans * to raise temporary working capital through [_ARG1 debt] [_rel issued] * from [_ARG0-from an agency that *T*-2 would n't be counted *-103 on the federal budget] .
The new S&L law allows [_ARG0 the RTC] to [_rel issue] [_ARG1 notes for as much as 85 % of the value of the assets 0 it holds *T*-1] .
`` * To allow this massive level of unfettered federal borrowing without prior congressional approval would be irresponsible , '' said *T*-2 Rep. Fortney Stark -LRB- D. , Calif. -RRB- , who *T*-141 has introduced a bill 0 *T*-1 to limit [_ARG0 the RTC 's] authority * to [_rel issue] [_ARG1 debt] .
As much as 10 % *U* of [_ARG1 new U.S. mortgage securities] [_rel issued] * by [_ARG0-by the Federal National Mortgage Association , or Fannie Mae , and Federal Home Loan Mortgage Corp. , or Freddie Mac ,] now flow into Japanese hands .
The secondary market in federally backed mortgage securities now exceeds $ 900 billion *U* , or nearly half of the $ 2.2 trillion *U* in [_ARG1 U.S. residential mortgages] [_rel issued] * .
Since 1985 , Japanese investors have bought nearly 80 % of $ 10 billion *U* in [_ARG1 Fannie Mae corporate debt] [_rel issued] * to [_ARG2-to foreigners] , money that Fannie Mae uses *T*-183 *-1 to buy mortgages from U.S. banks .
Institutional investors that *T*-186 must evaluate poison pills on a regular basis are interested less *ICH*-1 in this general debate than in the answers to specific questions about [_ARG0 the corporation] [_rel issuing] [_ARG1 the pill] .
Analysts say 0 [_ARG0 the company] [_ARGM-DIS also] [_ARGM-MOD could] [_ARGM-MNR easily] [_rel issue] [_ARG1 new convertible bonds or warrants] .
[_ARGM-TMP In August] , [_ARG0 he] [_rel issued] [_ARG1 the ruling that *T*-288 let the pilots pursue their back-pay grievance before the arbitrator] .
J.C. PENNEY Co. , Dallas , said 0 [_ARG0 it] [_rel issued] [_ARG1 $ 350 million *U* of securities backed * by credit-card receivables] .
[_ARG0 The trust] [_ARGM-MOD will] [_rel issue] [_ARG1 the certificates] .
For [_ARG2-For holders who *T*-28 decide *-1 not to tender their shares] , [_ARG0 Sea Containers] [_ARGM-MOD will] [_rel issue] [_ARG1 one share of preferred stock with a stated value of $ 25 *U* , plus a cash dividend on the common stock] .
Terms call for [_ARG0 First Security] to [_rel issue] [_ARG1 about 0.55 share of its stock for each Deseret share held * , or a total of about 550,000 First Security shares] .
It includes [_ARG0 *] removing $ 242 million *U* in good will from the books , [_rel issuing] [_ARG1 $ 150 million *U* in preferred stock] and commencing an exchange offer for $ 52 million *U* in convertible bonds .
[_ARG0 J.C. Penney & Co.] [_rel issued] [_ARG1 $ 350 million *U* of securities backed * by credit-card receivables] .
Some traders said 0 institutions were waiting *-1 to see [_ARG1 the U.S. jobless rate] 0 *T*-2 to be [_rel issued] *-3 [_ARGM-TMP Friday] .
Due to [_ARG0 the Treasury 's] need * to raise funds quickly before the current authority * to [_rel issue] [_ARG1 debt] expires at midnight tonight , yesterday 's auction was structured *-1 differently from previous sales .
The IRS says 0 the question wo n't be settled *-1 until [_ARG1 the regulations] are [_rel issued] *-2 `` [_ARGM-TMP shortly] . ''
[_ARG0 Revco] received the offer Oct. 20 , but [_rel issued] [_ARG1 a response] [_ARGM-TMP yesterday] [_ARGM-TMP only after a copy of the proposal was made *-1 public by bondholders] .
The consultants maintained 0 [_ARG0 Eastern] would n't generate the cash 0 it needs *T*-1 and would have *-2 to [_rel issue] [_ARG1 new debt] [_ARGM-PNC *-3 to meet its targets under the plan] .
The offering , Series 1989-3 , is by [_ARG0 a company] established * by First Boston for * [_rel issuing] [_ARG1 Remics and other derivative mortgage securities] .
Fujitsu said 0 [_ARG0 it] [_rel issued] [_ARG1 the low bid] [_ARGM-CAU because it wanted a foot in the door of a potentially lucrative market] .
[_ARG0 The authority] [_ARGM-MOD will] [_rel issue] [_ARG1 a total of $ 446.5 million *U* of pollution-control revenue bonds] .
[_ARG1 The bonds] [_ARGM-MOD will] be [_rel issued] *-1 [_ARGM-TMP for a term of 34 years] at [_ARG3-at an interest rate of 8 %] .
[_ARGM-ADV If all the debt is converted *-1 to common] , [_ARG0 Automatic Data] [_ARGM-MOD will] [_rel issue] [_ARG1 about 3.6 million shares] ; last Monday , the company had nearly 73 million shares outstanding .
*-1 Faced *-2 with a similar situation , Paul Volcker let the dollar soar , -LRB- though monetary aggregates also grew so rapidly 0 [_ARG0 monetarists] [_rel issued] [_ARG1 egg-on-the-face warnings of inflation] -RRB- .
The increase reflects spending on the S&L rescue as well as [_ARG1 payroll and Social Security checks] [_ARGM-ADV normally] [_rel issued] * [_ARGM-TMP in October] that *T*-2 were issued *-1 in September this year because Oct. 1 fell on a Sunday .
The increase reflects spending on the S&L rescue as well as [_ARG1 payroll and Social Security checks] normally issued * in October that *T*-2 were [_rel issued] *-1 [_ARGM-TMP in September] [_ARGM-TMP this year] [_ARGM-CAU because Oct. 1 fell on a Sunday] .
[_ARGM-PNC *-1 To strengthen its capital base] , [_ARG0 Banco Exterior] [_ARGM-TMP this year] [_rel issued] [_ARG1 $ 105 million *U* in subordinated debt] , launched two rights issues and sold stock held * in its treasury to small investors .
[_ARG0 The federation] said Friday that it regrets the resignation , but [_rel issued] [_ARG1 a stinging response that *T*-1 called Exxon a `` corporate pariah '' that *T*-2 should keep an open dialogue with environmentalists] .
[_ARG1 The 13-week and 27-week bills] [_ARGM-MOD will] be [_rel issued] *-1 [_ARGM-TMP tomorrow rather than Thursday , Nov. 2 , as * originally planned *-2] .
[_ARG0 Lion Nathan] [_rel issued] [_ARG1 a statement saying 0 it is applying to Australia 's National Companies & Securities Commission , the nation 's corporate watchdog agency , for a modification to takeover regulations `` similar to that obtained * by '' S.A. Brewing Holdings Ltd] .
Under current rules , investors in Taiwan can buy overseas stocks only through the purchase of [_ARG1 mutual funds] [_rel issued] * by [_ARG0-by local and foreign investment trusts] .
The company said 0 [_ARG1 the debentures] are being [_rel issued] *-1 at [_ARG3-at an issue price of $ 849 *U* for each $ 1,000 *U* principal amount] and are convertible at any time prior to maturity at a conversion price of $ 25 *U* a share .
[_ARG1 The 13.25 % subordinated debentures due 2002] were [_rel issued] *-1 [_ARGM-TMP in August 1987] as [_ARG3-as part of the $ 690 million *U* financing for a leveraged buy-out of the company] .
Mr. Uhr said that [_ARG0 Mr. Petrie or his company] have been accumulating Deb Shops stock for several years , *-1 [_ARGM-TMP each time] [_rel issuing] [_ARG1 a similar regulatory statement] .
[_ARGM-TMP So far] [_ARG0 they] have [_rel issued] [_ARG1 scores of subpoenas , some of which *T*-1 went to members of the New York Merc] .
`` [_ARG0 The city] has [_rel issued] [_ARG1 so much supply *ICH*-1] [_ARGM-TMP recently] that some people are getting a little concerned .
Late Thursday , the Treasury said 0 [_ARG0 it] needed *-1 to raise $ 17 billion *U* quickly and would do so by *-1 [_rel issuing] [_ARG1 new securities] [_ARGM-TMP this week] .
[_ARG0 I] would like *-1 to [_rel issue] [_ARG1 a challenge] to [_ARG2-to corporate America] .
[_ARG0 Both the British Diabetic Association and the Committee on Safety in Medicines -- Britain 's equivalent of the U.S. FDA --] [_ARGM-TMP recently] [_rel issued] [_ARG1 statements noting the lack of hard scientific evidence 0 *T*-1 to support Dr. Toseland 's findings] .
[_ARGM-TMP On Friday] , [_ARG0 the American Diabetes Association] [_rel issued] [_ARG1 a similar statement urging the six million U.S. diabetics *-1 not to overreact to the British report] .
[_ARGM-DIS Also] [_rel issued] [_ARG1 *-2] were *T*-1 10 billion yen of bonds due Dec. 5 , 1994 , priced * at 101 1\/2 , with coupon paid * in Australian dollars , via LTCB International Ltd .
First National Bank of Chicago will act as trustee , and the transaction will be supported *-1 by an 8 % letter of [_ARG1 credit] [_rel issued] * by [_ARG0-by Dai-Ichi Kangyo Bank Ltd. , Chicago branch] .
The Financial Accounting Standards Board said 0 [_ARG0 it] [_ARGM-MOD will] [_ARGM-TMP soon] [_rel issue] [_ARG1 a rule requiring disclosure about the financial risk of certain financial instruments] .
Scott Miller , an FASB project manager , said that [_ARG1 a final rule] [_ARGM-MOD will] be [_rel issued] *-1 [_ARGM-TMP before year end] .
[_ARG1 A brief `` executive summary ''] was [_rel issued] *-1 [_ARGM-TMP last April] , and attracted some , but not much , attention .
*-2 To mop up some of the 300 billion rubles in circulation , [_ARG0 the government] should encourage home ownership , including * [_rel issuing] [_ARG1 bonds that *T*-1 guarantee holders the right * to purchase an apartment] .
Then , two days before * receiving an endorsement from environmental groups , Mr. Dinkins promised 0 [_ARG0 he] [_ARGM-MOD would] [_rel issue] [_ARG1 a three-year moratorium on construction of garbage-incinerator plants] .
[_ARGM-ADV According to individuals familiar with Mr. Antar 's case] , [_ARG0 prosecutors] [_rel issued] [_ARG1 their warning] [_ARGM-TMP this week] [_ARGM-TMP after one of Mr. Antar 's attorneys asked whether legal fees might be subject to seizure] .
Gary Lukassen , chief financial officer , said 0 redemption of [_ARG1 the preferred shares] , [_ARGM-TMP originally] [_rel issued] * at [_ARG3-at C$ 25 *U* each] , will eliminate dividend payments of C$ 17.9 million *U* annually .
[_ARG0 Detroit-based GM] does [_ARGM-NEG n't] [_rel issue] [_ARG1 separate quarterly earnings for the North American automotive business] .
[_ARG1 Rights attached * to the company 's common shares *ICH*-4] were [_rel issued] *-1 that *T*-3 are triggered *-2 if a hostile bidder acquires more than 20 % of the shares outstanding .
Mr. Lee concedes 0 the statements made * to him are far different from [_ARG1 others] being [_rel issued] * [_ARGM-LOC in China] , but attributes that to the fact that the situation in China is `` very complex . ''
*-1 A veteran of another financial crisis , the savings-and-loan bailout , Mr. Breeden wants *-1 to have the SEC regulate [_ARG1 securities] [_rel issued] * by [_ARG0-by banks and S&Ls] .
Bias 's coach , Lefty Driesell , ordered the room in which Bias died *T*-2 to be cleaned *-3 before the police could arrive -LRB- the order was n't carried out -RRB- , and [_ARG0 the school 's athletics director] [_rel issued] [_ARG1 false information about the academic standing of Bias and other players] .
`` [_ARG0 We] [_rel issue] [_ARG1 paper money] ; we destroy paper money , '' says *T*-1 Jane Hinkle , a Philadelphia Fed spokeswoman .
The purchase price was disclosed *-1 in [_ARG1 a preliminary prospectus] [_rel issued] * [_ARGM-MNR in connection with MGM Grand 's planned offering of six million common shares] .
The usual maneuver is [_ARG0 *] to borrow against the portfolio value or [_rel issue] [_ARG1 preferred stock] , * using the proceeds * to buy additional bonds .
[_ARGM-TMP During the quarter] , [_ARG0 Delta] [_rel issued] [_ARG1 2.5 million shares of common stock] to [_ARG2-to Swissair] , and repurchased 1.1 million shares for use in a company employee stock ownership plan .
The thrift emphasized that it has a large portfolio of [_ARG1 equity securities] [_rel issued] * [_ARGM-MNR in connection with corporate restructurings and leveraged buy-outs] , which *T*-1 has a book value of $ 90 million *U* .
Harry Schwartz , a soft commodity specialist for Cargill Investors Services in New York , said 0 [_ARG1 the only report] 0 [_ARG0 Ghana] has [_rel issued] *T*-1 about the arrival of cocoa from the interior was for 7,839 metric tons as of Oct. 12 .
The giant foods , tobacco and brewing company said 0 [_ARG0 it] [_ARGM-MOD will] [_rel issue] [_ARG1 common-share purchase rights] to [_ARG2-to shareholders of record] [_ARGM-TMP Nov. 8] .
[_ARG1 About 1.1 million Class C warrants] were [_rel issued] *-1 , the company said 0 *T*-2 .
Avon also said 0 [_ARG0 it] [_ARGM-MOD will] [_rel issue] [_ARG1 an additional 243,677 of the Class C warrants] to [_ARG2-to holders of its Class A , Class B and unclassified warrants] .
One executive familiar with the Bloomingdale 's situation said , `` [_ARG1 No book] has been [_rel issued] *-1 [_ARGM-ADV * regarding Bloomingdale 's] , there are no projections , so I doubt very much whether any bid has been made *-2 . ''
[_ARG0 She] [_rel issued] [_ARG1 a separate statement] , [_ARGM-ADV *-1 separating herself from a Commonwealth document reasserting the political value of * imposing sanctions against South Africa] .
[_ARGM-LOC Under the proposal] , [_ARG0 Delmed] [_ARGM-MOD would] [_rel issue] [_ARG1 about 123.5 million additional Delmed common shares] to [_ARG2-to Fresenius] at [_ARG3-at an average price of about 65 cents a share , though under no circumstances more than 75 cents a share] .
When the ruling was handed down *T*-1 , the vacationing president dispatched [_ARG0 Chief of Staff John Sununu] to [_rel issue] [_ARG1 a statement] and refused *-2 to answer questions himself .
[_ARGM-TMP From 1980 to 1988] , [_ARGM-ADV while federal budget deficits totaled $ 1.41 trillion *U*] , [_ARG0 the government] [_rel issued] [_ARG1 $ 394 billion *U* of new direct loans and an additional $ 756 billion *U* of new primary loan guarantees] .
[_ARGM-PNC *-1 To avoid this problem] , [_ARG0 government] [_ARGM-MOD should] [_rel issue] [_ARG1 credit] [_ARGM-MNR only if it intends *-2 to use every legal method * to collect] .
[_ARG0 Many agencies] roll over their debt , *-1 paying off delinquent loans by *-2 [_rel issuing] [_ARG1 new loans] , or converting defaulted loan guarantees into direct loans .
The Pentagon 's [_ARGM-TMP recently] [_rel issued] `` [_ARG1 Soviet Military Power] , '' though in general *-1 adopting a softer line , repeated the Sverdlovsk assessment .
Manville said 0 [_ARG1 the shares] [_rel issued] * to [_ARG2-to the trust] were intended *-2 to be sold *-1 , as * needed *-3 , and that Manville has the right of first refusal * to buy those shares .
[_ARG0 Mr. Castaneda 's office] [_ARGM-MOD will] [_ARGM-ADV reportedly] [_rel issue] [_ARG1 warrants *ICH*-1] [_ARGM-TMP during the next six months] for the arrest of another 10,000 federal employees .
The FDIC said 0 [_ARG0 it] has [_rel issued] [_ARG1 five citations] to [_ARG2-to banks] [_ARGM-TMP over the past three years] [_ARGM-PNC for discriminatory practices] .
[_ARG0 The manufacturers ' association] [_ARGM-MOD will] [_rel issue] [_ARG1 statistics on vehicle exports] [_ARGM-TMP later this month] .
According to a trader at Drexel Burnham Lambert Inc. , the hardest hit junk bonds were [_ARG1 those] [_rel issued] * by [_ARG0-by RJR Holdings Capital Corp.] , which *T*-1 are the easiest * to sell .
[_ARG0 Citicorp] [_rel issued] [_ARG1 $ 200 million *U* of seven-year notes priced * *-1 to yield 8.82 %] , and Xerox priced $ 150 million *U* of six-year notes *-2 to yield 8.85 % .
[_ARG0 The Federal Home Loan Mortgage Corp.] [_rel issued] [_ARG1 a $ 500 million *U* real estate mortgage investment conduit backed * by its 8 1\/2 % securities] .
[_ARG1 Eurodollar bonds] are [_ARGM-TMP often] [_rel issued] *-2 by [_ARG0-by foreign corporations] , but interest and principal are paid *-1 in dollars .
Per-share earnings declined to $ 1.10 *U* a share from $ 1.12 *U* a share , largely because of [_ARG1 21 million additional shares] [_rel issued] * [_ARGM-PNC * to retire $ 1 billion *U* of debt] .
And because [_ARG0 British Air] is [_rel issuing] [_ARG1 convertible bonds rather than ordinary shares] , the share price wo n't be directly hurt *-1 by any surplus left * with underwriters after they try *-2 to sell the issue in the open market .
[_ARG0 The association] [_rel issued] [_ARG1 an advisory] to [_ARG2-to its 1,685 member agencies] [_ARGM-TMP following a report *ICH*-1 from the Foreign Ministry that picture-taking by Japanese tourists in earthquake-stricken areas was causing ill feeling among local residents] ... .
Maybe we should ask why it was *T*-1 that [_ARG0 Du Pont] so quickly capitulated and [_rel issued] [_ARG1 a statement *ICH*-3 , giving it wide publicity , that it was withdrawing CFCs] *T*-2 .
Because the CD had an effective yield of 13.4 % [_ARGM-TMP when] [_ARG1 it] was [_rel issued] *-1 [_ARGM-TMP in 1984] *T*-4 , and interest rates in general had declined sharply since then , part of the price 0 Dr. Blumenfeld paid *T*-3 was a premium -- an additional amount on top of the CD 's base value plus accrued interest that *T*-2 represented the CD 's increased market value .
Now [_ARG0 the thrift] that *T*-1 [_rel issued] [_ARG1 the CD] is insolvent , and Dr. Blumenfeld has learned to his surprise that the premium is n't insured under federal deposit insurance .
Nevertheless , Merrill Lynch has agreed that if [_ARG0 the thrift] that *T*-2 [_rel issued] [_ARG1 Dr. Blumenfeld 's CD] , Peoples Heritage Federal Savings & Loan Association in Salina , Kan. , is liquidated *-1 and the CD terminated *-4 , the brokerage firm would cover the premium 0 Dr. Blumenfeld paid *T*-3 .
Merrill Lynch estimates that [_ARG0 fewer than 10 financial institutions] [_ARGM-TMP currently] [_rel issue] [_ARG1 zero-coupon CDs] .
People who *T*-1 paid a premium for standard CDs purchased * on the secondary market could also find that those premiums are n't insured *-3 if [_ARG0 the institutions] that *T*-2 [_rel issued] [_ARG1 the CDs] failed .
Whatever the case , a Merrill Lynch spokesman emphasizes 0 *T*-3 , investors should n't have *-4 to worry about the uninsured premium issue , unless [_ARG0 the bank or thrift] that *T*-2 [_rel issued] [_ARG1 the CD] is closed *-1 and its deposits paid *-5 off before maturity or transferred to another institution at a lower rate .
[_ARG0 It] [_ARGM-MOD would] extinguish all of Eagle 's existing capital stock and [_rel issue] [_ARG1 new stock] to [_ARG2-to York as sole holder] .
[_ARG0 Connecticut] [_ARGM-TMP already] has [_rel issued] [_ARG1 a `` notice of intent '' * to revoke Drexel 's brokerage license] .
Merrill Lynch and Prudential-Bache Securities both lowered the stock 's investment rating immediately after [_ARG1 the results] were [_rel issued] *-1 [_ARGM-TMP Friday] , according to PIR .
[_ARG0 The Supreme Court] is scheduled *-1 to consider the case Nov. 3 and [_ARGM-MOD may] [_rel issue] [_ARG1 a decision] [_ARGM-TMP as early as Nov. 6] .
Of [_ARG1 the 17.6 million rights units] [_rel issued] * , just under 17 million *T*-2 were exercised *-1 before the Oct. 10 expiration of the offering , the insurance holding company said 0 *T*-3 .
[_ARG2 Federal Data Corp.] was [_rel issued] *-1 [_ARG1 a $ 14.5 million *U* Navy contract for computer systems] .
The complaint , filed * in federal district court , accuses [_ARG0 Imperial and other defendants] of *-1 [_rel issuing] [_ARG1 false and misleading financial data] .
[_ARGM-TMP Following the impeachment conviction] , [_ARG0 Dr. Benjamin Hooks , executive director of the National Association for the Advancement of Colored People ,] [_rel issued] [_ARG1 a restrained statement] , [_ARGM-ADV *-1 warning that the Hastings case could set a `` dangerous precedent , '' but adding , `` We must respect the considered judgment of the Senate] .
However , he recently told the Senate Banking Committee that he believes 0 the agency should have explicit authority *-2 to monitor [_ARG0 debt levels] at holding companies and affiliates of broker-dealers , which *T*-1 are frequently used *-3 *-4 to [_rel issue] [_ARG1 bridge loans] .
Since such loans are often refinanced through the sale of high-risk , high-yield junk bonds , the recent woes of the junk-bond market have renewed concerns among regulators about the risks associated * with [_ARG0 Wall Street firms] [_rel issuing] [_ARG1 bridge loans] .
The fact that [_ARG0 the city] [_ARGM-MOD will] [_rel issue] [_ARG1 such a large amount of debt] was interpreted *-1 as a sign that New York 's budgetary problems are more serious than * had been expected *-2 .
The Soviet newspaper Trud reported that Mickey Mouse will appear in [_ARG2 a Russian-language comic book] 0 *T*-2 to be [_rel issued] *-1 [_ARGM-TMP four times a year] by [_ARG0-by Soviet publisher Fizkultura i Sport and Denmark 's Gutenberghus Group] .
The Milwaukee toy retailer said 0 the agreement calls for Everything 's a Dollar holders to receive for their holdings a total of 354,600 [_ARGM-TMP newly] [_rel issued] [_ARG1 Wisconsin] Toy shares .
[_ARG1 A statement] [_rel issued] * by [_ARG0-by the office of the committee chairman , Sen. David Boren -LRB- D. , Okla. -RRB- ,] charged that the disclosure is part of a continuing effort * to shift the criticism for the failure of the recent coup attempt in Panama .
[_ARG0 The government] [_rel issues] [_ARG1 its first reading on third-quarter real gross national product] [_ARGM-TMP this week] [_ARGM-LOC in a report that *T*-1 is expected *-2 to disclose much tamer inflation] .
[_ARGM-TMP On Friday] , [_ARG0 British Air] [_rel issued] [_ARG1 a statement saying 0 it `` does not intend *-1 to participate in any new deal for the acquisition of UAL in the foreseeable future] . ''
[_ARG0 Commonwealth leaders] [_rel issued] [_ARG1 a declaration giving South Africa six months 0 * to deliver on pledges * to ease apartheid *T*-1 or face new reprisals] .
Another analyst said 0 he expected LME inventories to be down by about 15,000 tons [_ARGM-TMP when] [_ARG1 the weekly report] is [_rel issued] *-1 *T*-2 .
CDs yielding 40 % are even more implausible -- especially when the [_rel issuing] `` [_ARG0 bank] '' in the Marshall Islands is merely a mail drop watched * over by a local gas-station operator -- but investors fell for that one too .
As [_ARG1 the report] [_rel issued] * by [_ARG0-by the subcommittee] concluded , `` Our government did nothing regarding Gen. Noriega 's drug business and substantial criminal involvement because the first priority was the Contra war .
Standard & Poor 's Corp. is reviewing [_ARG1 debt] [_rel issued] * by [_ARG0-by 12 California counties] , and `` there are potential isolated problems , '' said 0 *T*-1 Hyman Grossman , a managing director .
The agency is preparing [_ARG1 a report] , 0 *T*-2 to be [_rel issued] *-1 [_ARGM-TMP today] , on the earthquake 's impact on the property- and casualty-insurance industry .
The only securities 0 *T*-1 so far to be singled out *-2 are [_ARG1 those] [_rel issued] * by [_ARG0-by Bay View Federal Savings & Loan] .
[_ARG0 A federal judge] has [_rel issued] [_ARG1 a preliminary injunction against the purchase] [_ARGM-CAU because of Federal Trade Commission concerns that the transaction would reduce competition in the production of two kinds of rivets] .
As surely as a seesaw tilts , falling interest rates force up the price of [_ARGM-TMP previously] [_rel issued] [_ARG1 bonds] .
They are worth more because they pay higher interest than [_ARGM-TMP newly] [_rel issued] [_ARG1 bonds] do *?* .
Municipal bonds are generally a bit safer than corporate bonds in a recession , but not as safe as [_ARG1 bonds] [_rel issued] * by [_ARG0-by the federal government] .
That includes [_ARG1 more than $ 9.5 billion *U*] [_rel issued] [_ARGM-TMP through August of this year] , up sharply from $ 6.5 billion *U* in the comparable 1988 period -- and more than in all of 1987 .
[_ARG0 The trust] [_ARGM-TMP then] [_rel issues] [_ARG1 securities -- generally due in five years or less -- that *T*-1 are underwritten *-2 by Wall Street brokerage firms and offered *-2 to investors] .
* Consider a $ 500 million *U* offering of [_ARG1 9 % securities] [_rel issued] * [_ARGM-TMP last spring] and backed * by Citibank credit-card receivables .
In addition , they fear that [_ARG0 banks] have been overeager *-2 to [_rel issue] [_ARG1 cards] to [_ARG2-to the public] -- *-2 giving cards to too many big spenders who *T*-1 will default during a recession .
Volume of [_ARG1 asset-backed securities] [_rel issued] * [_ARGM-TMP annually]
As part of a restructuring announced * earlier this year , the company proposed in August *-1 to exchange 168 [_ARGM-TMP newly] [_rel issued] [_ARG1 common] shares for each $ 1,000 *U* face value of debt .
[_ARGM-ADV If all the debt was converted *-1] , [_ARG1 about 13 million new shares] [_ARGM-MOD would] be [_rel issued] *-2 .
[_ARG0 The FTC] [_ARGM-TMP first] [_rel issued] [_ARG1 an administrative complaint] [_ARGM-LOC in the case] [_ARGM-TMP in 1985] .
[_ARGM-DIS Also] , [_ARG0 the company] [_rel issued] [_ARG1 300 million marks of convertible bonds with an indicated 2 3\/4 % coupon due March 31 , 1995 , at par] , [_ARGM-MNR via Westdeutsche Landesbank Girozentrale Bank] .
In [_ARG1 a news release] [_rel issued] * by [_ARG0-by Mr. Drivon] , the trial lawyers association also promised free assistance to victims .
[_ARG0 They and many other major Japanese corporations] [_ARGM-MOD will] [_rel issue] [_ARG1 results *ICH*-1] [_ARGM-TMP soon] for the fiscal first half ended Sept. 30 .
The board said 0 [_ARG1 the export licenses] [_ARGM-MOD would] be [_rel issued] *-1 [_ARGM-MNR on the condition that Canadian interests would also be allowed *-2 to bid for the Mackenzie delta gas on terms similar to those offered * to U.S. customers] .
The number of [_ARG1 building permits] [_rel issued] * [_ARGM-PNC for future construction] dropped 2.4 % to a 1,296,000 annual rate after *-1 rising 3.7 % in August .
[_ARG0 First City] , which *T*-1 [_rel issues] [_ARG1 both MasterCard and Visa cards] , has agreed *-2 to act as an agent bank .
`` I think 0 the problems in the junk-bond area are just beginning , and this will be very unsettling for [_ARG0 companies] that *T*-1 have [_rel issued] [_ARG1 junk bonds] .
[_ARGM-TMP Meanwhile] , [_ARG0 the company 's board , which *T*-1 had said nothing publicly about investor Donald Trump 's recently withdrawn $ 7.5 billion *U* offer for AMR ,] [_rel issued] [_ARG1 a statement condemning `` ill-conceived and reckless '' bids and saying 0 it was `` pleased '' that Mr. Trump had backed out] .
`` This decision will have a very considerable impact , '' said 0 *T*-2 Kenneth Abraham , professor of environmental law and insurance law at the University of Virginia , because [_ARG1 many commercial insurance policies] are [_rel issued] *-1 by [_ARG0-by companies based * in New York] .
Under current rules , that accrued interest is deductible by [_ARG0 the company] [_rel issuing] [_ARG1 the debt] .
[_ARG0 The Decatur , Ga. , trade group] has [_rel issued] [_ARG1 a `` briefing book '' that *T*-1 claims 0 the machine is `` a health hazard '' and that Mr. Maynard is trying `` *-2 to make a fast buck at the expense of the nation 's egg producers] . ''
[_ARG2 Raytheon Co.] was [_rel issued] *-1 [_ARG1 a $ 19.2 million *U* Air Force contract for support of the Milstar communications satellite] .
[_ARG0 His firm] , [_ARGM-ADV along with some others] , [_rel issued] [_ARG1 new buy recommendations on insurer stocks] [_ARGM-TMP yesterday] .
[_ARGM-DIS Separately] , [_ARG0 Fannie Mae] [_rel issued] [_ARG1 $ 400 million *U* of Remic mortgage securities] [_ARGM-LOC in 12 classes] [_ARGM-MNR through First Boston Corp] .
He also expects the performance of municipals to lag Treasurys as [_ARG0 California] is forced *-1 to [_rel issue] [_ARG1 new debt] [_ARGM-TMP over time] [_ARGM-PNC *-1 to repair public facilities] .
[_ARG1 A report] [_rel issued] * [_ARGM-TMP late yesterday] by [_ARG0-by Standard & Poor 's Corp.] concluded 0 the quake wo n't cause `` wide-scale credit deterioration '' for issuers and debt issues in the 12-county area of Northern California affected * by the quake .
[_ARGM-LOC In derivative markets] , [_ARG0 Fannie Mae] [_rel issued] [_ARG1 two $ 400 million *U* real estate mortgage investment conduits backed * by its 9 % securities] .
[_ARG1 The debentures] were [_rel issued] *-1 [_ARGM-ADV in the face amount of $ 46 million *U*] [_ARGM-TMP on July 11 , 1988] , the Ashland , Ky. , coal mining , water transportation and construction company said 0 *T*-2 .
[_ARG0 The San Francisco Examiner] [_rel issued] [_ARG1 a special edition *ICH*-1] [_ARGM-TMP around noon] [_ARGM-TMP yesterday] that *T*-3 was filled *-2 entirely with earthquake news and information .
[_ARGM-ADV *-2 Acting more than a year after Ms. Bertussi filed a complaint] , [_ARG0 the panel] [_rel issued] [_ARG1 a `` letter of reproval '' saying 0 Rep. Bates had admitted conduct that *T*-1 violated a House rule forbidding discrimination against employees on account of their sex] .
In [_ARG1 a statement] [_rel issued] * [_ARGM-TMP after the meeting] , the aerospace giant said 0 it wo n't increase its offer although adjustments within the proposed pay-and-benefit mix are possible .
Mr. Sagan , a former publisher and real estate developer , has put together an $ 8 million *U* financial package that *T*-1 includes approximately $ 4 million *U* of [_ARG1 tax exempt bonds] [_rel issued] * by [_ARG0-by the State of Illinois] -LRB- the first time that a state has used its educational facilities authority *-2 to support construction of a theater -RRB- , and approximately $ 1 million *U* in grants from the National Endowment for the Arts , the MacArthur Foundation , and a few other deep pockets .
William Craig , an independent record promoter , pleaded guilty to payola and criminal tax charges , according to [_ARG1 a statement] [_rel issued] * by [_ARG0-by Gary Feess , the U.S. attorney here] .
[_ARG2 Rockwell International Corp.] was [_rel issued] *-1 [_ARG1 a $ 12.5 million *U* Air Force contract for changes in the National Aerospace Plane] .
[_ARG0 The Tennessee Valley Authority] [_rel issued] [_ARG1 $ 4 billion *U* in bonds] [_ARGM-LOC in the federal utility 's first public debt offering in 15 years] .
[_ARG0 The TVA] currently plans *-1 to [_rel issue] [_ARG1 a total of $ 6.7 billion *U* in bonds] [_ARGM-PNC *-2 to refinance its high-interest debt] .
[_ARGM-LOC Under Northern Trust 's plan] , [_ARG2 shareholders] were [_rel issued] *-1 [_ARG1 rights that , in the event of certain attempted takeovers , *T*-2 allow holders to buy shares in the company at half price] .
The report , which *T*-1 comes 25 years after [_ARG0 the U.S. Surgeon General] [_rel issued] [_ARG1 a report warning against the dangers of smoking] , is the strongest indication to date that the reduction in smoking is leading to lower death rates from lung cancer .
The experts said 0 they expected 0 [_ARG0 Eastern] would have *-1 to [_rel issue] [_ARG1 new debt] * to cover its costs , and that it would generate far less cash than 0 * anticipated *T*-2 .
[_ARGM-ADV Even though the announcement was true in the end] , [_ARG1 it] was [_rel issued] *-1 [_ARGM-MNR without the senator 's permission] .
[_ARGM-TMP Late in the day] , [_ARG0 Mr. Wolf] [_rel issued] [_ARG1 a onepage statement calling Mr. Peterpaul 's blast `` divisive and uncalled for] . ''
[_ARGM-TMP On Dec. 13 , 1973] , [_ARG0 it] [_rel issued] [_ARG1 its first rule] ; it required companies to disclose foreign currency translations in U.S. dollars .
[_ARG0 The FASB] [_ARGM-TMP since then] has [_rel issued] [_ARG1 102 rules] , and some still rile industry .
Still , most retailing observers expect that all the proposed retailing LBOs will depend partly on the sale of junk bonds , a market already in tumult , in part because of concerns associated * with [_ARG1 bonds] [_rel issued] * by [_ARG0-by the Federated and Allied units of Campeau] .
[_ARG0 Judge John E. Sprizzo] [_rel issued] [_ARG1 the order] [_ARGM-LOC in Manhattan federal court , where Sony has accused the tiny company of * illegally knocking off the `` My First Sony '' line *T*-1] .
* Thanks to a new air-traffic agreement and the ability *ICH*-1 of [_ARG0 Irish travel agents] * to [_rel issue] [_ARG1 Aeroflot tickets] , tourists here are taking advantage of Aeroflot 's reasonable prices *-2 to board flights in Shannon for holidays in Havana , Kingston and Mexico City .
[_ARG1 Bonds] [_rel issued] * by [_ARG0-by Kroger , Duracell , Safeway and American Standard] also showed big gains , *-1 recovering almost all their losses from Friday and early yesterday .
The complex financing plan in the S&L bailout law includes *-1 raising $ 30 billion *U* from [_ARG1 debt] [_rel issued] * by [_ARG0-by the newly created RTC] .
Dresdner Bank last month said 0 [_ARG0 it] hoped *-1 to raise 1.2 billion marks -LRB- $ 642.2 million *U* -RRB- by *-2 [_rel issuing] [_ARG1 four million shares] at [_ARG3-at 300 marks each] .
Salomon Brothers International Ltd. , a British subsidiary of Salomon Inc. , announced 0 [_ARG0 it] [_ARGM-MOD will] [_rel issue] [_ARG1 warrants on shares of Hong Kong Telecommunications Ltd] .
[_ARGM-LOC Under the latest offer] , [_ARG1 HK$ 62.5 million *U* -LRB- US$ 8 million *U* -RRB- of three-year warrants] [_ARGM-MOD will] be [_rel issued] *-1 [_ARGM-LOC in London] , [_ARGM-ADV each giving buyers the right * to buy one Hong Kong Telecommunications share at a price 0 *T*-3 to be determined *-2 Friday] .
While Hong Kong companies have in the past issued warrants on their own shares , Salomon 's warrants are [_ARG1 the first] [_ARGM-LOC here] 0 *T*-2 to be [_rel issued] *-1 by [_ARG0-by a third party] .
While [_ARG0 Hong Kong companies] have [_ARGM-TMP in the past] [_rel issued] [_ARG1 warrants on their own shares] , Salomon 's warrants are the first here 0 *T*-2 to be issued *-1 by a third party .
MedChem said 0 [_ARG1 the court 's ruling] was [_rel issued] *-1 as [_ARG3-as part of a `` first-phase trial '' in the patent-infringement proceedings] and concerns only one of its defenses in the case .
[_ARGM-ADV Against that backdrop] , [_ARG0 UAW Vice President Stephen P. Yokich , who *T*-2 recently became head of the union 's GM department ,] [_rel issued] [_ARG1 a statement *ICH*-1] [_ARGM-TMP Friday] blasting GM 's `` flagrant insensitivity '' toward union members .
[_ARG0 Mr. Andre] [_rel issued] [_ARG1 the ruling] [_ARGM-CAU based on a recommendation by Investment Canada] .
[_ARG0 The company] , which *T*-3 [_rel issued] [_ARG1 a statement on the agreement] [_ARGM-TMP late Friday] , said that $ 1 million *U* of the payment was previously provided for *-2 in its financial statements and that $ 500,000 *U* will be recognized *-1 in its 1989 third-quarter statement .
Under the agreement , [_ARG0 Gulf] must give the U.S. government 45 days ' advance written notice before *-1 [_rel issuing] [_ARG1 any dividends] [_ARGM-ADV on common stock] .
The company 's net worth can not fall below $ 185 million *U* after [_ARG1 the dividends] are [_rel issued] *-1 .
[_ARGM-TMP On Friday morning] , [_ARGM-TMP before the market 's sell-off] , [_ARG0 the business leaders] [_rel issued] [_ARG1 a report predicting 0 the economy would grow at roughly an inflation-adjusted 2 % annual rate , through next year , then accelerate anew in 1991] .
-- Prevent companies that *T*-8 have made leveraged buy-outs from *-1 getting federal tax refunds resulting from losses caused * by interest payments on [_ARG1 debt] [_rel issued] * [_ARGM-PNC * to finance the buy-outs] , effective Aug. 2 , 1989 .
The eventual court decision could become a landmark in Dutch corporate law because the lawsuit 0 ASKO plans *-1 to file *T*-2 would be the first 0 *T*-3 to challenge the entire principle and practice of [_ARG0 companies] [_rel issuing] [_ARG1 voting preferred shares] to [_ARG2-to management-controlled trusts] [_ARGM-PNC *-4 to dilute voting power of common stockholders] .
ASKO says 0 [_ARG0 the Dutch-based international food retailer] had n't reasonable grounds 0 * to [_rel issue] [_ARG1 preferred stock] to [_ARG2-to a friendly trust] *T*-1 and thus dilute the worth and voting power of ASKO and other shareholders .
[_ARGM-TMP Before the sun had set on Friday] , [_ARG0 Richard Rahn , the supply-side chief economist of the U.S. Chamber of Commerce ,] [_rel issued] [_ARG1 a statement attributing the drop in stock prices to the Senate decision * to postpone action on capital gains] .
Of the total $ 5.5 billion *U* 0 *T*-4 to be paid *-3 to Hoylake by Axa , about $ 1 billion *U* *T*-1 will come from available resources of Axa 's parent , Axa-Midi Group , $ 2.25 billion *U* *T*-1 will be in the form of [_ARG1 notes] [_rel issued] * by [_ARG0-by Axa] , and the remaining $ 2.25 billion *U* *T*-1 will be in long-term bank loans .