revise.01

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• [_ARGM-TMP After numerous occurrences of questionable teacher help to students] , [_ARG0 Texas] is [_rel revising] [_ARG1 its security practices] .
• The nonprofit , industry-supported group said 0 its Consumer Confidence Index was 116.4 in October , *-1 barely changed *-2 from a [_rel revised] [_ARG1 116.3] in September .
• [_ARG1 That target] has been [_rel revised] *-1 to [_ARG2-to 30 % by the year 2000] .
• These [_rel revised] [_ARG1 figures] also may explain some of the recent strength of the dollar .
• That means 0 Eastern , a unit of Texas Air Corp. of Houston , can go forward with its pitch for creditor approval as early as today , when it is expected *-2 to deliver a [_rel revised] [_ARG1 reorganization] plan to the committee *T*-1 .
• The current account deficit on France 's balance of payments narrowed to 1.48 billion French francs -LRB- $ 236.8 million *U* -RRB- in August from a [_rel revised] [_ARG1 2.1 billion] francs in July , the Finance Ministry said 0 *T*-1 .
• The spokesman said that the proposed guidelines caused [_ARG0 Crossland] to [_rel revise] [_ARG1 its business objectives] and , consequently , to write down the asset value of some previous acquisitions .
• For the 10-month fiscal year ended Sept. 30 , Chairman Eli Broad said 0 he expected earnings results to approximate [_ARG1 analysts ' estimates] , which the company said 0 *T*-1 have been [_rel revised] *-2 [_ARGM-DIR upward] to [_ARG2-to 80 cents a share] .
• Under its [_rel revised] [_ARG1 proposal] , Atlanta-based BellSouth would have a 50 % interest in the new cellular company and would be responsible for half of its debt .
• BellSouth 's [_rel revised] [_ARG1 proposal] surprised many industry analysts , especially because of the company 's willingness * to accept some dilution of future earnings .
• William O. McCoy , president of the company 's BellSouth Enterprises Inc. unit , said 0 the [_rel revised] [_ARG1 agreement] with LIN would dilute BellSouth earnings by about 9 % in both 1990 and 1991 and by significantly less thereafter .
• The [_rel revised] [_ARG1 LIN-BellSouth] agreement boosts the dollar amount of the special dividend 0 LIN promises *-2 to pay shareholders *T*-1 .
• At its November meeting , [_ARG0 it] will try *-2 to [_rel revise] [_ARG1 its quotas] [_ARGM-PNC *-3 to satisfy Persian Gulf members that *T*-1 can produce far more oil than their allotments] .
• The Asahi Shimbun , a Japanese daily , last month reported that [_ARG0 Aichi] [_rel revised] [_ARG1 its tax calculations] [_ARGM-TMP after *-1 being challenged *-2 for *-3 allegedly failing *-4 to report all of its income to tax authorities over a two-year period] .
• PWA , which *T*-1 recently merged Wardair 's operations with those of PWA-owned Canadian Airlines International Ltd. , Canada 's second-biggest airline , said 0 the proposed sale is part of a [_rel revised] [_ARG1 five-year] plan aimed * at * streamlining its fleet and shedding debt .
• Under its [_rel revised] [_ARG1 fleet] plan , PWA said 0 it will also increase its existing fleet of eight Boeing 767-300ER aircraft to 18 by 1994 , and add four more Boeing 747-400s by 1994 to the two units that it previously planned *-2 to add *T*-1 by next year .
• Renaissance , a Cincinnati-based money manager , began *-2 buying stocks again this week with half of the $ 1.8 billion *U* that it oversees *T*-1 for clients , according to people familiar with the firm 's [_rel revised] [_ARG1 strategy] .
• But some legislators think 0 the time may be ripe [_ARG0 *] to [_rel revise] [_ARG1 the constitution] .
• This year , [_ARG0 a commission] appointed * by the mayor *-2 to [_rel revise] [_ARG1 New York 's system of government] completed a new charter , *-1 expanding the City Council to 51 from 35 members .
• With its [_ARGM-TMP recently] [_rel revised] [_ARG1 guidelines] for RICO , Justice makes it *EXP*-1 clear that the law currently holds too many incentives for abuse by prosecutors .
• [_ARG0 *] [_rel Revising] [_ARG1 employee manuals on pensions , health care and other subjects] costs over $ 25,000 *U* a year for Bert Giguiere , president of Professional Agricultural Management Inc. , a Fresno , Calif. , provider of business services to farmers .
• The Justice Department scrambled *-1 to play down the significance of [_rel revised] [_ARG1 guidelines] concerning prosecutions under the federal racketeering law .
• [_ARG0 Ramada Inc.] [_rel revised] [_ARG1 the terms of its restructuring] and extended to Feb. 28 , 1990 , the deadline 0 * to complete the sale of its hotel business to New World Development Co. of Hong Kong and Prime Motor Inns Inc. of Fairfield , N.J *T*-1 .
• One major advantage of the [_rel revised] [_ARG1 plan] is that Aztar will have far less debt than under the old terms .
• [_rel Revised] [_ARG1 terms] call for each Ramada common share to be exchanged *-1 for $ 1 *U* in cash , subject to possible reduction , and one share of Aztar common stock .
• [_ARG0 The Justice Department] has [_rel revised] [_ARG1 certain internal guidelines] and clarified others [_ARGM-LOC in a move that *T*-1 could restrict the use of criminal racketeering charges against white-collar defendants] .
• In her cookbook , which Macmillan is bringing *T*-1 out in soft cover this month -LRB- with [_ARG1 the blini recipe] [_rel revised] *-2 [_ARGM-PNC so it works] -RRB- , she introduces each chapter with appropriate quotations from Russian literature : Pushkin on blini , Goncharov on piroghi .
• The change in expected cash distributions from the Champs real estate investment trust stems from a [_rel revised] [_ARG1 estimate] of administrative costs , said 0 *T*-1 Jay R. Cohen , Champs executive vice president .
• The latest drop followed a decision *ICH*-2 by British Airways , which *T*-1 had supported the $ 300-a-share *U* buy-out offer for UAL from a labor-management group , not * to participate in any [_rel revised] [_ARG1 bid] .
• A labor-management group is preparing a [_rel revised] [_ARG1 buy-out] bid for United Airlines parent UAL Corp. that *T*-1 would transfer majority ownership to employees while *-2 leaving some stock in public hands , according to people familiar with the group .
• Also late last week , UAL flight attendants agreed *-1 to participate with the pilots in * crafting a [_rel revised] [_ARG1 offer] .
• But the pilots union , which *T*-1 has been pushing for a takeover since 1987 , appears *-2 to be pressing ahead with the [_rel revised] [_ARG1 bid] *-3 to avoid further loss of momentum even though it has n't found a partner 0 *T*-4 to replace British Air .
• A [_rel REVISED] [_ARG1 BID] FOR UAL is being prepared *-1 by a labor-management group , sources said 0 *T*-2 .
• But [_ARG1 programs in individual computers] [_ARGM-MOD must] be [_rel revised] *-1 [_ARGM-PNC in order *-1 to work with that system] .
• [_ARGM-TMP So often *ICH*-1] are [_ARG1 government statistics] [_rel revised] [_ARGM-ADV that they seem *-2 to resemble a spinning weather vane] .
• Still , without the assurance of British Airways ' financial backing , it *EXP*-1 will be tougher for the buy-out group to convince already-reluctant banks to make loan commitments for a [_rel revised] [_ARG1 bid] , especially since British Air 's original investment represented 78 % of the cash equity contribution for the bid .
• The previous reports were based *-1 on remarks by British Air 's chief financial officer , Derek Stevens , who *T*-2 said 0 any [_rel revised] [_ARG1 bid] would have *-3 to include a lower purchase price * to reflect the sharp drop in UAL 's stock in the past week .
• UAL 's advisers have indicated previously that it *EXP*-1 may take a while * to come forward with a [_rel revised] [_ARG1 plan] since they want *-2 to have firm bank commitments before *-3 launching a new bid .
• [_ARG0 I] 've [_rel revised] [_ARG1 it] [_ARGM-TMP several times] and I think 0 I may say with pride that there is not a single discordant word in the whole text . ''
• [_ARGM-DIS However] , [_ARG1 that figure] [_ARGM-MOD could] be [_rel revised] *-1 , Financial Corp. said 0 *T*-2 .
• McCaw Cellular Communications Inc. said 0 it sent a letter *ICH*-1 to LIN Broadcasting Corp. clarifying its [_rel revised] [_ARG1 tender] offer for LIN and asking LIN to conduct `` a fair auction . ''
• LIN , which *T*-1 has agreed with BellSouth Corp. *-2 to merge their cellular-telephone businesses , said then that it would n't take a position on McCaw 's [<sub>rel</sub> revised] [<sub>ARG1</sub> tender] offer .
• [<sub>ARGM-TMP</sub> Earlier this month] , [<sub>ARG0</sub> McCaw] [<sub>rel</sub> revised] [<sub>ARG1</sub> its offer] to [<sub>ARG2-to</sub> $ 125 *U* a share for 22 million LIN shares] .
• McCaw is seeking 50.3 % of the cellular and broadcasting concern ; the [<sub>rel</sub> revised] [<sub>ARG1</sub> offer] includes a feature requiring McCaw to begin an auction process *ICH*-2 in July 1994 that *T*-1 would buy out remaining holders at a per-share price roughly equivalent to what a third party might then have *-4 to pay *T*-3 for all of LIN .
• The letter outlines broad powers for an independent group of directors provided * for in the [<sub>rel</sub> revised] [<sub>ARG1</sub> offer] .
• [<sub>ARG1</sub> The housing starts numbers] , however , are one of the least precise of the government 's economic indicators and are [<sub>ARGM-TMP</sub> often] [<sub>rel</sub> revised] *-2 [<sub>ARGM-MNR</sub> significantly] [<sub>ARGM-TMP</sub> as more information is collected *-1] .
• British Airways PLC said 0 it is seeking improved terms and a sharply lower price in any [<sub>rel</sub> revised] [<sub>ARG1</sub> bid] for United Airlines parent UAL Corp. following the collapse of a $ 6.79 billion *U* , $ 300-a-share *U* buy-out bid .
• Although British Air is waiting *-1 to see what the buy-out group comes up with *T*-2 , Mr. Stevens said 0 a [<sub>rel</sub> revised] [<sub>ARG1</sub> transaction] with less debt leverage is likely *-3 to be more attractive to banks .
• He said 0 the original proposal is dead , and all aspects of a [<sub>rel</sub> revised] [<sub>ARG1</sub> version] are up for change , in light of the changes in UAL 's market price , the amount of debt 0 banks are willing *-2 to fund *T*-1 , and the price 0 British Air would be willing *-4 to pay *T*-3 .
• We do n't want *-1 to be party to a second rejection , '' he said *T*-2 , *-3 adding that * coming up with a [<sub>rel</sub> revised] [<sub>ARG1</sub> offer] could easily take several weeks .
• British Airways said 0 it is seeking improved terms and a sharply lower price in any [<sub>rel</sub> revised] [<sub>ARG1</sub> bid] for United Air 's parent .
• Not only was August 's deficit far worse than July 's , but [<sub>ARG0</sub> the government] [<sub>rel</sub> revised] [<sub>ARG1</sub> the July figure] [<sub>ARGM-MNR</sub> substantially] from [<sub>ARG3-from</sub> the $ 7.58 billion *U* deficit 0 it had initially reported *T*-1 last month] .
• The release of several economic reports *ICH*-1 had little impact on the market , including a report that the U.S. trade deficit expanded to a surprisingly wide $ 10.77 billion *U* in August , up from a [<sub>rel</sub> revised] [<sub>ARG1</sub> $ 8.24 billion] *U* in July .
• The committee gave [<sub>ARG0</sub> the government] until Nov. 15 * to [<sub>rel</sub> revise] [<sub>ARG1</sub> the proposal] .
• The U.S. Commerce Department reported a $ 10.77 billion *U* deficit in August , compared with a [<sub>rel</sub> revised] [<sub>ARG1</sub> July] deficit of $ 8.24 billion *U* .
• DFC asked the central bank *-1 to appoint managers after [<sub>ARG0</sub> it] [<sub>rel</sub> revised] [<sub>ARG1</sub> loan-loss provisions] to [<sub>ARG2-to</sub> around the same level of shareholders ' funds of 180 million New Zealand dollars -LRB- US$ 105.4 million *U* -RRB-] .
• UAL'S STOCK SKIDDED an additional $ 24.875 *U* , to $ 198 *U* , as British Airways indicated 0 it may balk at any [<sub>ARGM-MNR</sub> hastily] [<sub>rel</sub> revised] [<sub>ARG1</sub> version] of the aborted $ 6.79 billion *U* buy-out of United Air 's parent .
• [<sub>ARG0</sub> Alpine Group Inc.] [<sub>rel</sub> revised] [<sub>ARG1</sub> its exchange offer for $ 43.7 million *U* face amount of 13.5 % senior subordinated debt due 1996] and extended the offer to Oct. 27 from Oct. 12 .
• Yesterday 's selling began after a Japanese news agency reported that Japanese banks , which *T*-1 balked at the first bid , were ready *-2 to reject a [<sub>rel</sub> revised] [<sub>ARG1</sub> version] at around $ 250 *U* a share , or $ 5.65 billion *U* .
• But he gave few details on the progress toward a new bid , *-1 saying only , `` We are working toward a [_rel revised] [_ARG1 proposal] for majority employee ownership . ''
• If , for example , in the midst of a great social occasion -LRB- such as an international conference on [_ARG0 *] [_rel revising] [_ARG1 the Versailles Treaty] in 1923 -RRB- , one 's 72-yearold father , himself a great butler once , should happen *-1 to die of a stroke , one must continue *-2 to serve the port : `` Please * do n't think me unduly improper in *-4 not ascending *-3 to see my father in his deceased condition just at this moment .
• Nor is the group likely *-1 to come forward with a [<sub>rel</sub> revised] [<sub>ARG1</sub> offer] within the next 48 hours despite the hopes of many traders .
• With the market fluctuating and then closing up more than 88 points yesterday , [<sub>ARG0</sub> investment firms] had *-1 to [<sub>ARGM-TMP</sub> constantly] [<sub>rel</sub> revise] [<sub>ARG1</sub> their approach] .
• LIN Broadcasting Corp. said 0 it wo n't take a position on a [<sub>rel</sub> revised] [<sub>ARG1</sub> tender] offer *ICH*-1 by McCaw Cellular Communications Inc. * to buy LIN and has asked for clarification of the offer .
• McCaw 's [<sub>rel</sub> revised] [<sub>ARG1</sub> tender] offer would require McCaw to begin an auction process *ICH*-1 in July 1994 that *T*-2 would buy out remaining holders at a per-share price roughly equivalent to what a third party might then have *-4 to pay *T*-3 for all of LIN .
• The old and [<sub>rel</sub> revised] [<sub>ARG1</sub> numbers] both include over-allotment provisions .
• The spokesman said 0 he was `` comfortable '' with [_rel revised] analysts ' [_ARG1 projections] that the company would report earnings of between 62 cents and 64 cents *U* a share , compared with the 53 cents a share 0 it reported *T*-1 for the 1988 third quarter .
• Interprovincial , Canada 's biggest oil pipeline operator and a major transporter of crude to the U.S. , said 0 [_rel revised] [_ARG1 industry] forecasts indicate that Canadian oil output will total about 1.64 million barrels a day *ICH*-2 by 1991 , 8 % lower than a previous estimate .
• Prices have risen 5.9 % in the first nine months of the year , *-1 outstripping both the initial 3 % inflation goal set * by the government of Socialist Prime Minister Felipe Gonzalez and the second , [_rel revised] [_ARG1 goal] of 5.8 % .
• [_ARG1 The inflation-adjusted growth rate for France 's gross domestic product for the second quarter] was [_rel revised] *-1 [_ARG2-to upward] to 0.8 % from the previous three months from [_ARG3-from the initial estimate of 0.7 %] , the National Statistics Institute said 0 *T*-2 .
• Given the weakness in both the junk bond market and the stock market , traders fear that [_ARG1 these transactions] [_ARGM-MOD may] be [_rel revised] *-1 [_ARGM-TMP yet again] .