Survey Suggests A Fierce Battle For U.S. Senate
Date: 18 March 1999
By James Dao With Marjorie Connelly
James With
New York Times/CBS News polls shows that New York State voters hold strongly partisan opinions, but also nagging reservations, about Hillary Rodham Clinton and Mayor Rudolph W Giuliani, indicating that Senate contest between them would be highly competitive; shows Mrs Clinton leading Giuliani in several categories; more voters view her favorably; 48 percent say they would vote for her if election were held today; 39 percent say they would vote for Giuliani; survey shows that 4 out of 10 voters think that Mrs Clinton would not be effective representative for New York in Senate because she has never lived in state; poll also shows that 6 out of 10 voters north of New York City suburbs are unable to give opinion of Giuliani; graph (M)
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IBERDROLA OF SPAIN PLANS TO BUY ENERGYWORKS
Date: 19 March 1999
By Bloomberg News
Bloomberg News
Iberdrola SA, Spain's No 2 power company, to buy Energyworks Ltd from Bechtel Group Inc and Pacificorp for $50 million (S)
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VLSI REJECTS PHILIPS'S $17-A-SHARE OFFER
Date: 19 March 1999
By Bloomberg News
Bloomberg News
VLSI Technology Inc formally rejects $777 million bid from Royal Philips Electronics NV as inadequate (S)
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LILLY SHARES DROP ON CONCERN ABOUT PROZAC
Date: 18 March 1999
By Bloomberg News
Bloomberg News
Shares of Eli Lilly & Company fell 5.65 percent after securities analyst for SG Cowen & Company lowers his estimate for sales this year of Prozac, the drug maker's top seller; Prozac, which made up about 30 percent of Lilly's 1998 sales, is now facing more competition from Celexa, drug sold by Forest Laboratories Inc and Warner-Lambert Co (S)
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NTL TO BUY AUSTRALIAN TV NETWORK FOR $407 MILLION
Date: 19 March 1999
By Bloomberg News
Bloomberg News
NTL Inc agrees to buy Australian National Transmission Network for $407 million (S)
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PLEXUS AGREES TO BUY SEAMED FOR $67.4 MILLION IN STOCK
Date: 18 March 1999
By Bloomberg News
Bloomberg News
Plexus Corp to buy Seamed Corp, medical-instrument maker, for $67.4 million in stock; Seamed warns that its second-quarter earnings will fall short of analysts' estimates (S)
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INSURANCE AUTO REJECTS COPART BID AND ITS SHARES RISE
Date: 18 March 1999
By Bloomberg News
Bloomberg News
Shares of Insurance Auto Auctions Inc rise almost 12 percent after company rejects $152 million takeover bid from rival, Copart Inc (S)
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TSI SOFTWARE PLANS TO BUY BRAID GROUP FOR $91 MILLION
Date: 19 March 1999
By Bloomberg News
Bloomberg News
TSI International Software Corporation, which makes computer programs that link unrelated business software, says that it will buy Braid Group Ltd of Britain for about $91 million in cash and stock (S)
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RCN RAISING $1.25 BILLION FROM STOCK SALE AND LOAN
Date: 19 March 1999
By Bloomberg News
Bloomberg News
RCN Corp says it will raise $1.25 billion for long-term growth through loan agreement and $250 million preferred stock sale to Hicks, Muse, Tate & Furst Inc (S)
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Ericsson Stake in Juniper
Date: 18 March 1999
By Bloomberg News
Bloomberg News
Ericsson AB, Sweden, as part of its push into the United States market for computer-networking equipment, raises its stake in the closely held Juniper Networks Inc, Palo Alto, Calif, and takes seat on Juniper's board; size of stake is not disclosed (S)
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