The May 6, 1999 was a Thursday under the star sign of ♉. It was the 125 day of the year. President of the United States was William J. (Bill) Clinton.
If you were born on this day, you are 27 years old. Your last birthday was on the Wednesday, May 6, 2026, 28 days ago. Your next birthday is on Thursday, May 6, 2027, in 336 days. You have lived for 9,890 days, or about 237,367 hours, or about 14,242,055 minutes, or about 854,523,300 seconds.
Date: 06 May 1999
By Bloomberg News
Bloomberg News
News Corp says third-quarter profit fell 47 percent, to $168 million, compared with $319 million in year-earlier quarter; net income was $97 million; revenue fell 3.8 percent, to $3.1 billion from $3.22 billion (S)
Date: 06 May 1999
By Bloomberg News
Bloomberg News
Rival television networks NBC and Fox are teaming up with National Geographic Ventures to expand National Geographic Channel to US; Fox, subsidiary of News Corp, will own 50 percent of channel's operations worldwide, except for areas covered by National Geographic UK; General Electric's NBC and National Geographic will each own 25 percent; financial terms undisclosed (S)
Date: 07 May 1999
By Andrew Pollack
Andrew Pollack
Litton Industries makes unsolicited offers to buy Newport News Shipbuilding and Avondale Industries, two shipbuilders that were already planning to merge; two transactions would have total value of $1.8 billion plus $600 million in assumed debt; double acquisition by Litton would create nation's largest shipbuilder, but would reduce the number of large shipbuilders serving the Defense Department to two from four; Litton chairman Michael R Brown says acquisition would not raise antitrust issues and would be good for Defense Department because it would create strong competitor to General Dynamics, which is now the only company that can build both nuclear and non-nuclear ships (M)
Date: 07 May 1999
By A. M. Rosenthal
A.
A M Rosenthal Op-Ed column predicts that Palestinian state will come into being as dictatorship because Arabs have never produced a democratic society and world Islam has never produced a liberalizing movement of moment; reports that about 100 Arabs from 15 countries recently met in Morocco, only Mideast country that would have them, and issued statement that demonized Israel as usual, but also dealt bravely with 'grim' truth that whatever scraps of liberties Arabs have are declining; says he remains astonished at incessant denigration of Israeli's democracy by European countries and journalists (M)
Date: 06 May 1999
By Bloomberg News
Bloomberg News
Winsloew Furniture Inc approves increased buyout offer of $278 million from Trivest Furniture Corp, which is controlled by Winsloew chairman Earl W Powell (S)
Date: 07 May 1999
By Bloomberg News
Bloomberg News
H J Heinz Co will take pre-tax charge against earnings of $575 million in year ended April 28 to pay for worldwide reorganization announced in February; identifies 17 of 20 plants it plans to close; those plants represent about 75 percent of 3,000 to 4,000 jobs that will be eliminated over four years (S)
Date: 06 May 1999
By Bloomberg News
Bloomberg News
Northpoint Communications shares rise 68 percent on first day of trading; company gains $16.25 a share, to $40.25, for a return of $360 million (S)
Date: 06 May 1999
By Bloomberg News
Bloomberg News
Getty Images Inc agrees to buy Art.com for as much as $202 million in stock and cash (S)
Date: 06 May 1999
By Bloomberg News
Bloomberg News
Grupo Picking Pack SA acquires Wagon Holdings, which owns Charrette Corp, for $107 million (S)
Date: 07 May 1999
By Bloomberg News
Bloomberg News
MCI Worldcom Inc ends its bid for Nexel Communications Inc (S)