High-Level Name-Calling Across the Racial Fence
Date: 20 August 1997
By Larry Rohter
Larry Rohter
Dispute between Prime Min Baseo Panday of Trinidad and communications magnate Kenneth Gordon has riveted and further divided ethnically and religiously diverse nation, raising issues of press freedom and race and class relations; Gordon sued Panday for calling him 'pseudo-racist'; Panday has long felt that predominantly black-owned press uses race as weapon to insult Indians; map; graphs; photo (M)
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ACCUMED SHARES RISE 41% ON NEWS OF F.D.A. APPROVAL
Date: 20 August 1997
By Bloomberg News
Bloomberg News
Accumed International Inc shares rise 41 percent after company wins Food and Drug Administration approval for its slide-mapping system for Pap smear tests (S)
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G.E. TAKES A 20% EQUITY STAKE IN ADVANCED NMR SYSTEMS
Date: 20 August 1997
By Bloomberg News
Bloomberg News
General Electric Co pays $5.1 million to Advanced NMR Systems Inc for two magnetic-resonance imaging businesses and 20 percent stake in the company (S)
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CIRCON SHUNS A FOURTH OFFER BY U.S. SURGICAL
Date: 19 August 1997
By Bloomberg News
Bloomberg News
Circon Corp rejects fourth bid by US Surgical Corp, calling offer of $16.50 a share, or $235 million, too low (S)
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INVESTMENT FIRM SAID TO BE IN TALKS WITH LONDON GLOBAL
Date: 20 August 1997
By Bloomberg News
Bloomberg News
Donaldson, Lufkin & Jenrette Inc is in talks to acquire London Global Securities, international securities lending firm, for about 100 million pounds ($160 million) (S)
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AFFILIATED MANAGERS ACQUIRING 70% OF TWEEDY, BROWNE
Date: 19 August 1997
By Bloomberg News
Bloomberg News
Affiliated Managers Group to buy about 70 percent of Tweedy, Browne Co for more than $100 million (S)
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F.B.I. CONDUCTS RAID ON J.B. OXFORD SECURITIES FIRM
Date: 20 August 1997
By Bloomberg News
Bloomberg News
FBI raids headquarters of J B Oxford Holdings Inc securities firm in Beverly Hills, Calif; agents decline to say why they raided Oxford (S)
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CHICAGO MINIATURE LAMP PLANS TO ADD SYLVANIA LIGHTING
Date: 19 August 1997
By Bloomberg News
Bloomberg News
Chicago Miniature Lamp Inc agrees to buy Sylvania Lighting International BV for about $165 million (S)
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Texaco Buys 20% Stake In Kazakstan Oilfield
Date: 20 August 1997
By Bloomberg News
Bloomberg News
Texaco Inc buys 20 percent stake in giant oilfield in Kazakstan being developed by ENI SpA of Italy and British Gas PLC; terms undisclosed (S)
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Pepsico Buys Stake In Turkish Bottler
Date: 20 August 1997
By Bloomberg News
Bloomberg News
Pepsico Inc. said today that it had purchased an 11.75 percent stake in its Turkish bottler for $40 million. The investment in Fruko-Tamek Meyva Sulari Sanayii will help the bottler expand its sales and increase its capital spending plans. Fruko-Tamek is one of Pepsi's oldest international partners and has been a Pepsi bottler since 1964.
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