The October 11, 1994 was a Tuesday under the star sign of ♎. It was the 283 day of the year. President of the United States was William J. (Bill) Clinton.
If you were born on this day, you are 30 years old. Your last birthday was on the Friday, October 11, 2024, 361 days ago. Your next birthday is on Saturday, October 11, 2025, in 3 days. You have lived for 11,319 days, or about 271,671 hours, or about 16,300,260 minutes, or about 978,015,600 seconds.
11th of October 1994 News
News as it appeared on the front page of the New York Times on October 11, 1994
Time Warner's TV Partners
Date: 12 October 1994
By Bloomberg News
Bloomberg News
Time Warner Inc. said yesterday that ABC News and NBC News would join in the interactive news-on-demand service to be offered on Time Warner's Full Service network next year. The network will be introduced in Orlando, Fla., and will include news, television programming and reports produced by Time Warner publications like Time, Sports Illustrated, Fortune, Money, Entertainment Weekly and Life.
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Element Is Stripped of Its Namesake
Date: 11 October 1994
By Malcolm W. Browne
Malcolm Browne
FOR the last seven months, Element 106, an artificial element first created in 1974 by the Lawrence Berkeley Laboratory in Berkeley, Calif., has been provisionally named seaborgium in honor of Dr. Glenn T. Seaborg, the laboratory's director at large, a Nobel laureate and the codiscoverer of plutonium. But just as seaborgium is finding its way into textbooks and scientific papers, an international committee has created an uproar by dropping Dr. Seaborg's name from the official roster of chemical elements. In a decision announced yesterday in Chemical and Engineering News, a committee of the International Union of Pure and Applied Chemistry, or I.U.P.A.C., recommended changes in the provisional names assigned to Elements 101 through 109. The changes, which must be ratified next August by the full council of the British-based organization, drew angry responses from several leading American chemists and nuclear physicists.
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Observer; The Butler, Maybe?
Date: 11 October 1994
By Russell Baker
Russell Baker
Many persons have begged me to reveal the secret of how to write a newspaper column, and I now do so gladly, for -- Which brings us to Rule One: When a sentence threatens to get out of hand always cut it off, preferably with some unusual punctuation mark like a dash or something exciting like !!!!
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COMPANY NEWS: Enhancing by Subtracting; Tobacco Giant Promises A Less Smelly Smoke
Date: 11 October 1994
By Bloomberg News
Bloomberg News
The R. J. Reynolds Tobacco Company, which introduced a "smokeless" cigarette a few years ago that failed to catch on with smokers, says it will sell a cigarette with smoke that leaves less of a lingering stale smell. The company said today that the new product would be called Salem Preferred.
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PROCTER & GAMBLE'S STOCK REACHES A HIGH
Date: 12 October 1994
By Bloomberg News
Bloomberg News
The stock price of the Procter & Gamble Company reached an all-time high yesterday, after the giant consumer-products concern said it expected to report record sales and earnings for the fiscal first quarter. Shares of P.& G., which is based in Cincinnati, traded as high as $62.875, a record high after adjusting for stock splits, before closing at $62.375, up $2.50, on the New York Stock Exchange. Volume was almost 2.4 million shares. In the first quarter of last year, P.& G.'s net income was a record $670 million, or 95 cents a share.
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BANKAMERICA UNIT GETS UNDERWRITING APPROVAL
Date: 12 October 1994
By Bloomberg News
Bloomberg News
The securities unit of the BankAmerica Corporation received approval from the Federal Reserve yesterday to underwrite debt and equity issues. The unit, BA Securities, handles securities sales and trading and performs investment banking for the parent, BankAmerica said. While bank companies generally are barred from underwriting activities, they are permitted to do some securities business through certain nonbanking subsidiaries, the company said.
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WESTERN COMPANY AND BJ SERVICES TO EXCHANGE DATA
Date: 11 October 1994
By Bloomberg News
Bloomberg News
The Western Company of North America said yesterday that it had signed confidentiality agreements to trade data with the BJ Services Company, though it continued to rebuff BJ's bid to buy the company for $18.50 a share. Western said the move was consistent with its agreement with BJ Services to continue talks about a possible merger of the two oil-service companies. The agreement forbids either party to solicit proxies until after Nov. 3, allowing the management of Western to work on a resolution to BJ Service's bid to buy it for $450 million. Western rejected that offer last month as inadequate. Price was not the only issue. It also said it preferred a tax-free pooling of interests over BJ Services' offer to pay with cash and stock.
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MCCORMICK TO TAKE A CHARGE FOR CLOSINGS AND JOB CUTS
Date: 12 October 1994
By Bloomberg News
Bloomberg News
McCormick & Company said yesterday that it would take a charge of $44 million to cover two plant closings and the elimination of about 600 jobs, among other steps. The job cuts will affect about 7 percent of the work force at McCormick, a producer of spices, seasonings, flavorings and specialty foods based in Sparks, Md. The company has about 40 percent of the consumer spice market in the United States. McCormick also plans to sell its Golden West foods unit, which makes onion rings for the fast-food industry. Shares of McCormick rose 50 cents, to $20.25, in Nasdaq trading.
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AMERITECH RATE PLAN APPROVED BY ILLINOIS REGULATORS
Date: 12 October 1994
By Bloomberg News
Bloomberg News
The Ameritech Corporation said yesterday that Illinois regulators had approved a plan that would lower residential phone rates in exchange for lifting restrictions on how much the company can earn from calls. Illinois is the fourth of five states served by Ameritech that has granted a change in the way the company's rates are set. Ohio is considering a similar proposal. The plan, proposed by Ameritech in 1992, calls for price reductions for residential and business ratepayers totaling $466 million during the five-year life of the program. Ameritech, based in Chicago, asked for the changes because it believes they will make it more competitive.
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EARNINGS PREDICTION HURTS CENTRAL GARDEN AND PET
Date: 11 October 1994
By Bloomberg News
Bloomberg News
The shares of the Central Garden and Pet Company closed down 26 percent after it said it expected a greater loss for the third quarter than it recorded for the corresponding period last year. Shares fell $1.50, to $4.25, in Nasdaq trading. The company, a national distributor of lawn, garden, pet and pool supplies, said it expected a loss of between 35 cents a share and 45 cents a share, compared with a loss of 8 cents a share in the third quarter last year. Central Garden also said it had retained the investment banking firm of Wasserstein Perella & Company to help it maximize value.
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