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control data said it expects its first <unk> mainframe machine to be introduced next year |
the accord with mips calls for control data to share its expertise in data storage the companies said |
control data also said it is developing what it called a <unk> computer the <unk> N intended for scientists engineers and other users of <unk> <unk> computers |
<unk> stock skidded an additional $ N to $ N as british airways indicated it may <unk> at any hastily revised version of the aborted $ N billion buy-out of united air 's parent |
ual has fallen $ N or N N in the three trading days since disclosure of the buy-out 's collapse jolted the stock market |
meanwhile investor marvin davis said he remains interested in ual but he dropped his earlier $ 300-a-share <unk> bid |
stock prices fell broadly in heavy trading dominated by futures-related program selling and further declines by ual and other airline stocks |
the dow jones industrials closed off N points at N after plunging over N points in the morning |
bond prices ended lower after an early rally while the dollar was mixed |
the u.s. trade deficit swelled to $ N billion in august prompting worries that the nation 's export drive had stalled |
exports declined for the second month in a row while imports rose to a record |
an analyst called it one of the worst trade reports since the dollar <unk> out in |
industrial output fell N N in september the latest sign manufacturing is slowing |
an analyst cited weaker capital spending and exports |
bankers trust added $ N billion to reserves for third world loans the latest big bank to take such a step |
it expects a $ N billion quarterly loss |
citicorp posted a N N drop in quarterly profit |
manufacturers hanover had a loss due to a big reserve addition |
bank of new england plans to sell some operations and lay off N N of its work force after a year of weak earnings and mounting loan problems |
eastern airlines ' creditors have begun exploring alternative approaches to a chapter N reorganization because they are unhappy with the carrier 's latest proposal |
tele-communications agreed to buy half of showtime networks from viacom for $ N million |
the move could pose a new challenge to time warner 's home box office |
the cftc plans to curb dual trading on commodities markets in which traders buy and sell both for their own account and for clients |
the move is likely to anger traders |
fdic chairman seidman said that lincoln savings & loan of california should have been seized in N to contain losses he estimated will cost taxpayers as much as $ N billion |
a $ N billion spending bill was approved by house-senate conferees that includes major provisions affecting the federal mortgage market |
hooker 's u.s. unit is expected to agree in principle this week to sell its merksamer jewelers chain to management according to executives |
the deficit-reduction bill became <unk> over efforts to streamline the house version of the legislation in advance of a house-senate conference |
integrated resources said talks have ended with another potential buyer of its core businesses |
three big drug makers posted robust third-quarter earnings |
merck 's profit climbed N N warner-lambert 's N N and eli lilly 's N N |
markets |
stocks volume N shares |
dow jones industrials N off N transportation N off N utilities N off N |
bonds shearson lehman hutton treasury index N off |
commodities dow jones futures index N unchanged spot index N off N |
dollar N yen up N N marks off N |
paul <unk> general partner of <unk> partners a venture-capital firm based in menlo park calif. was named a director of this computer company |
mr. <unk> N years old temporarily increases the board to seven members |
however director thomas <unk> has said he wo n't seek re-election at the company 's annual meeting next month |
<unk> associates inc. the los angeles investment partnership whose $ <unk> bid for <unk> manufacturing co. was topped recently by a competing offer from a swedish concern disclosed that it sold its entire N N <unk> stake |
<unk> a <unk> ind. <unk> manufacturer had rebuffed <unk> 's proposal |
it has since asked holders not to immediately tender their shares under a recent $ <unk> or $ N million bid from ab skf of sweden until <unk> directors have completed their evaluation |
in a securities and exchange commission filing <unk> said it sold the N <unk> shares for $ N million in a private transaction on oct. N |
<unk> did n't identify the buyer of the shares but the date of the <unk> followed by one day the swedish concern 's tender offer and the indicated price of the shares sold <unk> skf 's $ <unk> tender offer price |
a <unk> spokeswoman said the company sold the stock in the open market and thus could n't identify the buyer or buyers |
luis <unk> N years old has been elected to the board of this brewer |
mr. <unk> former president of united press international and the <unk> <unk> network most recently <unk> <unk> <unk> partners a <unk> media acquisition firm |
mr. <unk> the first hispanic person to serve as a coors director is an addition to the board increasing its membership to nine |
<unk> s.a. a european media and publishing group reported a small rise in its attributable first-half group profit excluding <unk> items to N million francs $ N million from N million francs a year earlier |
the <unk> group said its earlier projection that group profit for all of N would be close to the N million francs posted for N remains valid |
taking into account nonrecurring gains and losses <unk> 's group net income for the first six months of this year totaled N million francs practically double the year-earlier figure of N million francs |
analysts said <unk> 's earnings in the second half might be boosted by a capital gain from the sale of the paris headquarters of a <unk> company that is N N owned by <unk> |
<unk> inc. <unk> md. said it received approval from the u.s. food and drug administration to market a genetic test that will assist in <unk> and treatment of <unk> and <unk> cancer |
the <unk> gene <unk> test is more accurate than existing tests for <unk> the type of cancer whether it has spread or whether there is a <unk> following treatment said <unk> president stephen turner |
mr. turner said the test initially will be used in <unk> with <unk> and other tests but eventually might become the benchmark for tumor analysis |
mr. turner said the test will be shipped in N days to hospitals and clinical laboratories |
dr. <unk> wilson a cancer treatment specialist at the national cancer institute said the test is widely used in research centers but is n't having a major impact because it is only occasionally useful in choosing the most effective treatment |
but the test may prove to be more sensitive in determining whether a tumor has spread or returned following treatment dr. wilson said |
we do n't know yet how useful it 's going to be he said |
<unk> a <unk> developer of genetic medical tests projects that the cancer test will help it to post its <unk> profit during the first quarter of N mr. turner said |
the company will charge $ N for a test and projects about $ N million in revenue from the test during the first N months of marketing he said |
unilab corp. <unk> ga. said it acquired the clinical laboratories of closely held central diagnostic laboratory inc. in a cash and securities transaction valued at $ N million |
unilab said its wholly owned <unk> inc. unit paid $ N million in cash provided $ N million in notes and $ N million in preferred stock to acquire central 's labs in the western u.s. |
unilab which provides clinical laboratory services <unk> with central based in <unk> calif. in a number of areas |
beyond removing a competitor the combination should provide <unk> said fred <unk> unilab 's chief financial officer |
it also will hand unilab new markets |
in los angeles for example central has had a strong market position while unilab 's presence has been less prominent according to mr. <unk> |