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19994 lines (19994 loc) · 204 KB
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Rockwell NNP M
International NNP M
Corp. NNP M
's POS M
Tulsa NNP M
unit NN M
said VBD M
it PRP M
signed VBD M
a DT M
tentative JJ M
agreement NN M
extending VBG M
its PRP$ M
contract NN M
with IN M
Boeing NNP M
Co. NNP M
to TO M
provide VB M
structural JJ M
parts NNS M
for IN M
Boeing NNP M
's POS M
747 CD M
jetliners NNS M
. . M
M
Rockwell NNP M
said VBD M
the DT M
agreement NN M
calls VBZ M
for IN M
it PRP M
to TO M
supply VB M
200 CD M
additional JJ M
so-called JJ M
shipsets NNS M
for IN M
the DT M
planes NNS M
. . M
M
These DT M
include VBP M
, , M
among IN M
other JJ M
parts NNS M
, , M
each DT M
jetliner NN M
's POS M
two CD M
major JJ M
bulkheads NNS M
, , M
a DT M
pressure NN M
floor NN M
, , M
torque NN M
box NN M
, , M
fixed VBN M
leading VBG M
edges NNS M
for IN M
the DT M
wings NNS M
and CC M
an DT M
aft JJ M
keel NN M
beam NN M
. . M
M
Under IN M
the DT M
existing VBG M
contract NN M
, , M
Rockwell NNP M
said VBD M
, , M
it PRP M
has VBZ M
already RB M
delivered VBN M
793 CD M
of IN M
the DT M
shipsets NNS M
to TO M
Boeing NNP M
. . M
M
Rockwell NNP M
, , M
based VBN M
in IN M
El NNP M
Segundo NNP M
, , M
Calif. NNP M
, , M
is VBZ M
an DT M
aerospace NN M
, , M
electronics NNS M
, , M
automotive JJ M
and CC M
graphics NNS M
concern VBP M
. . M
M
Frank NNP M
Carlucci NNP M
III NNP M
was VBD M
named VBN M
to TO M
this DT M
telecommunications NNS M
company NN M
's POS M
board NN M
, , M
filling VBG M
the DT M
vacancy NN M
created VBN M
by IN M
the DT M
death NN M
of IN M
William NNP M
Sobey NNP M
last JJ M
May NNP M
. . M
M
Mr. NNP M
Carlucci NNP M
, , M
59 CD M
years NNS M
old JJ M
, , M
served VBN M
as IN M
defense NN M
secretary NN M
in IN M
the DT M
Reagan NNP M
administration NN M
. . M
M
In IN M
January NNP M
, , M
he PRP M
accepted VBD M
the DT M
position NN M
of IN M
vice NN M
chairman NN M
of IN M
Carlyle NNP M
Group NNP M
, , M
a DT M
merchant NN M
banking NN M
concern NN M
. . M
M
SHEARSON NNP M
LEHMAN NNP M
HUTTON NNP M
Inc NNP M
. . M
M
Thomas NNP M
E. NNP M
Meador NNP M
, , M
42 CD M
years NNS M
old JJ M
, , M
was VBD M
named VBN M
president NN M
and CC M
chief JJ M
operating VBG M
officer NN M
of IN M
Balcor NNP M
Co. NNP M
, , M
a DT M
Skokie NNP M
, , M
Ill. NNP M
, , M
subsidiary NN M
of IN M
this DT M
New NNP M
York NNP M
investment NN M
banking NN M
firm NN M
. . M
M
Balcor NNP M
, , M
which WDT M
has VBZ M
interests NNS M
in IN M
real JJ M
estate NN M
, , M
said VBD M
the DT M
position NN M
is VBZ M
newly RB M
created VBN M
. . M
M
Mr. NNP M
Meador NNP M
had VBD M
been VBN M
executive JJ M
vice NN M
president NN M
of IN M
Balcor NNP M
. . M
M
In IN M
addition NN M
to TO M
his PRP$ M
previous JJ M
real-estate NN M
investment NN M
and CC M
asset-management NN M
duties NNS M
, , M
Mr. NNP M
Meador NNP M
takes VBZ M
responsibility NN M
for IN M
development NN M
and CC M
property NN M
management NN M
. . M
M
Those DT M
duties NNS M
had VBD M
been VBN M
held VBN M
by IN M
Van NNP M
Pell NNP M
, , M
44 CD M
, , M
who WP M
resigned VBD M
as IN M
an DT M
executive JJ M
vice NN M
president NN M
. . M
M
Shearson NNP M
is VBZ M
about IN M
60%-held JJ M
by IN M
American NNP M
Express NNP M
Co NNP M
. . M
M
Great NNP M
American NNP M
Bank NNP M
, , M
citing VBG M
depressed JJ M
Arizona NNP M
real JJ M
estate NN M
prices NNS M
, , M
posted VBD M
a DT M
third-quarter JJ M
loss NN M
of IN M
$ $ M
59.4 CD M
million CD M
, , M
or CC M
$ $ M
2.48 CD M
a DT M
share NN M
. . M
M
A DT M
year NN M
earlier RBR M
, , M
the DT M
savings NNS M
bank VBP M
had VBD M
earnings NNS M
of IN M
$ $ M
8.1 CD M
million CD M
, , M
or CC M
33 CD M
cents NNS M
a DT M
share NN M
. . M
M
For IN M
the DT M
nine CD M
months NNS M
, , M
it PRP M
had VBD M
a DT M
loss NN M
of IN M
$ $ M
58.3 CD M
million CD M
, , M
or CC M
$ $ M
2.44 CD M
a DT M
share NN M
, , M
after IN M
earnings NNS M
of IN M
$ $ M
29.5 CD M
million CD M
, , M
or CC M
$ $ M
1.2 CD M
a DT M
share NN M
, , M
in IN M
the DT M
1988 CD M
period NN M
. . M
M
Great NNP M
American NNP M
said VBD M
it PRP M
increased VBD M
its PRP$ M
loan-loss NN M
reserves NNS M
by IN M
$ $ M
93 CD M
million CD M
after IN M
reviewing VBG M
its PRP$ M
loan NN M
portfolio NN M
, , M
raising VBG M
its PRP$ M
total JJ M
loan NN M
and CC M
real JJ M
estate NN M
reserves NNS M
to TO M
$ $ M
217 CD M
million CD M
. . M
M
Before IN M
the DT M
loan-loss NN M
addition NN M
, , M
it PRP M
said VBD M
, , M
it PRP M
had VBD M
operating VBG M
profit NN M
of IN M
$ $ M
10 CD M
million CD M
for IN M
the DT M
quarter NN M
. . M
M
The DT M
move NN M
followed VBD M
a DT M
round NN M
of IN M
similar JJ M
increases NNS M
by IN M
other JJ M
lenders NNS M
against IN M
Arizona NNP M
real JJ M
estate NN M
loans NNS M
, , M
reflecting VBG M
a DT M
continuing VBG M
decline NN M
in IN M
that DT M
market NN M
. . M
M
In IN M
addition NN M
to TO M
the DT M
increased VBN M
reserve NN M
, , M
the DT M
savings NNS M
bank VBP M
took VBD M
a DT M
special JJ M
charge NN M
of IN M
$ $ M
5 NN M
million CD M
representing VBG M
general JJ M
and CC M
administrative JJ M
expenses NNS M
from IN M
staff NN M
reductions NNS M
and CC M
other JJ M
matters NNS M
, , M
and CC M
it PRP M
posted VBD M
a DT M
$ $ M
7.6 CD M
million CD M
reduction NN M
in IN M
expected VBN M
mortgage NN M
servicing NN M
fees NNS M
, , M
reflecting VBG M
the DT M
fact NN M
that IN M
more JJR M
borrowers NNS M
are VBP M
prepaying VBG M
their PRP$ M
mortgages NNS M
. . M
M
Arbitragers NNS M
were VBD M
n't RB M
the DT M
only RB M
big JJ M
losers NNS M
in IN M
the DT M
collapse NN M
of IN M
UAL NNP M
Corp. NNP M
stock NN M
. . M
M
Look VB M
at IN M
what WP M
happened VBD M
to TO M
UAL NNP M
's POS M
chairman NN M
, , M
Stephen NNP M
M. NNP M
Wolf NNP M
, , M
and CC M
its PRP$ M
chief JJ M
financial JJ M
officer NN M
, , M
John NNP M
C. NNP M
Pope NNP M
. . M
M
On IN M
a DT M
day NN M
some DT M
United NNP M
Airlines NNPS M
employees NNS M
wanted VBD M
Mr. NNP M
Wolf NNP M
fired VBD M
and CC M
takeover NN M
stock NN M
speculators NNS M
wanted VBD M
his PRP$ M
scalp NN M
, , M
Messrs. NNP M
Wolf NNP M
and CC M
Pope NNP M
saw VBD M
their PRP$ M
prospective JJ M
personal JJ M
fortunes NNS M
continue VBP M
to TO M
plummet VB M
as IN M
shares NNS M
of IN M
UAL NNP M
, , M
United NNP M
's POS M
parent NN M
company NN M
, , M
dived VBD M
$ $ M
24.875 CD M
on IN M
the DT M
Big NNP M
Board NNP M
to TO M
close VB M
at IN M
$ $ M
198 CD M
. . M
M
Including VBG M
Monday NNP M
's POS M
plunge NN M
, , M
that WDT M
has VBZ M
given VBN M
the DT M
two CD M
executives NNS M
paper NN M
losses NNS M
of IN M
$ $ M
49.5 CD M
million CD M
, , M
based VBN M
on IN M
what WP M
they PRP M
would MD M
have VB M
realized VBN M
had VBN M
the DT M
pilots NNS M
and CC M
management-led JJ M
buy-out NN M
of IN M
UAL NNP M
gone VBN M
through IN M
at IN M
$ $ M
300 CD M
a DT M
share NN M
. . M
M
When WRB M
bank NN M
financing NN M
for IN M
the DT M
buy-out NN M
collapsed VBD M
last JJ M
week NN M
, , M
so RB M
did VBD M
UAL NNP M
's POS M
stock NN M
. . M
M
Even RB M
if IN M
the DT M
banks NNS M
resurrect VBP M
a DT M
financing NN M
package NN M
at IN M
$ $ M
250 CD M
a DT M
share NN M
, , M
the DT M
two CD M
executives NNS M
would MD M
still RB M
get VB M
about RB M
$ $ M
25 CD M
million CD M
less JJR M
than IN M
they PRP M
stood VBD M
to TO M
gain VB M
in IN M
the DT M
initial JJ M
transaction NN M
. . M
M
Mr. NNP M
Wolf NNP M
owns VBZ M
75,000 CD M
UAL NNP M
shares NNS M
and CC M
has VBZ M
options NNS M
to TO M
buy VB M
another DT M
250,000 CD M
at IN M
$ $ M
83.3125 CD M
each DT M
. . M
M
In IN M
the DT M
$ $ M
300-a-share JJ M
buyout NN M
, , M
that WDT M
totaled VBD M
about RB M
$ $ M
76.7 CD M
million CD M
. . M
M
By IN M
yesterday NN M
's POS M
close NN M
of IN M
trading NN M
, , M
it PRP M
was VBD M
good JJ M
for IN M
a DT M
paltry JJ M
$ $ M
43.5 CD M
million CD M
. . M
M
Of IN M
course NN M
, , M
Mr. NNP M
Wolf NNP M
, , M
48 CD M
years NNS M
old JJ M
, , M
has VBZ M
some DT M
savings NNS M
. . M
M
He PRP M
left VBD M
his PRP$ M
last JJ M
two CD M
jobs NNS M
at IN M
Republic NNP M
Airlines NNPS M
and CC M
Flying NNP M
Tiger NNP M
with IN M
combined VBN M
stock-option NN M
gains NNS M
of IN M
about RB M
$ $ M
22 CD M
million CD M
, , M
and CC M
UAL NNP M
gave VBD M
him PRP M
a DT M
$ $ M
15 CD M
million CD M
bonus NN M
when WRB M
it PRP M
hired VBD M
him PRP M
. . M
M
His PRP$ M
1988 CD M
salary NN M
was VBD M
$ $ M
575,000 CD M
, , M
with IN M
a DT M
$ $ M
575,000 CD M
bonus NN M
. . M
M
The DT M
40-year JJ M
old JJ M
Mr. NNP M
Pope NNP M
has VBZ M
n't RB M
changed VBN M
jobs NNS M
enough RB M
-- : M
at IN M
least JJS M
the DT M
right NN M
ones NNS M
-- : M
to TO M
stash VB M
away RB M
that DT M
kind NN M
of IN M
money NN M
. . M
M
United NNP M
paid VBD M
him PRP M
a DT M
$ $ M
375,000 CD M
bonus NN M
to TO M
lure VB M
him PRP M
away RB M
from IN M
American NNP M
Airlines NNPS M
, , M
and CC M
he PRP M
was VBD M
paid VBN M
a DT M
salary NN M
of IN M
$ $ M
342,122 CD M
last JJ M
year NN M
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