IBM halts Pentium PC shipments in setback for Intel
IBM stopped shipments of Pentium based PCs amid Intel Pentium flaw concerns. Analysts weigh impact on demand and Intel stock drop as IBM cites worsened problems. IBM says PowerPC rivalry not driving halt. Gateway 2000 and Dell report no shipment pauses. Intel plans replacement for affected customers and new bug free Pentiums early next year.
MENTIONED IN THIS ARTICLE
San Jose
Calif
IBM
Intel
International Business Machines Corp
Mark Edelstone
Prudential Securities Research
San Francisco
Apple Computer Inc
Motorola Inc
Santa Clara
Gateway 2000
Dell Computer Corp
New York Stock Exchange
Viacom cancels Blockbuster Park in Everglades area
Viacom Inc. called off plans for Blockbuster Park a $1 billion entertainment and sports complex on the eastern edge of the Everglades The project spanned 2 500 acres and was dropped nearly two months after Blockbuster Entertainment Corp was acquired by Viacom The company said the complex did not fit its strategy.
MENTIONED IN THIS ARTICLE
MIAME
Viacom Inc
Everglades
Blockbuster Entertainment Corp
Viacom
Mason-Dixon Bancshare reports third quarter 1994 income drop
Mason-Dixon Bancshare, parent of Carroll County Bank and Trust Co., reports net income of 5 million for the first three quarters of 1994, a 3.3 percent decline from the same period in 1993. Earnings per share fell to 1.15 from 1.19, with third quarter net income at 1.5 million.
MENTIONED IN THIS ARTICLE
Mason-Dixon Bancshare
Carroll County Bank & Trust Co
Orange County crisis spurs nationwide treasurer reassurances
From Texas to Ohio, treasurers sought to reassure investors as Orange County’s financial crisis rattled 185 Southern California governments. Anaheim warned the fund’s losses could affect Rams stadium plans while markets froze on muni bonds. Texas TexPool withdrawals surged to 655 million as authorities deny parity with Orange County. Ohio Cuyahoga County outlined a three year, 11 percent cut plan after a 880 million fund loss. Georgia’s MEAG said it could absorb over 40 million in a 907 million portfolio. Massachusetts assured investors in its 13 billion money market fund of safety.
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New York
Texas
Ohio
Orange County
California
Anaheim
Calif
Los Angeles Rams
St. Louis
Disneyland
Rams
Bret Colson
Orange County Fund
Bob Gore
Crowell, Weeden & Co
Los Angeles
Robert Citron
TexPool
Cuyahoga County
Georgia
Municipal Electric Authority of Georgia
Treasuries
Massachusetts
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Fcnb Bank
Jamie
Nancy Masser
The
Bank
Suzanne Knopf
Summit Lake
Emmitsburg
Blockbuster
Bank Report
5, Inc
Tale Security
Scottsdale
Waterhouse
F&m
Fem
Farmers and Mechanics National Bank
FIC
Fom
Bell Atlantic
Frederick
Ealt /Wash
MD Eastern Shore
Business Radio Products, Inc
Industry
Bidg O
ANIK
Enederx
Middletown
Rosemont
Afrederickh News-jiost
Baltimore/ Washington Area
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