AT&T delivered requests from holders of 51 percent of NCR's shares for a special shareholders meeting. The request is part of AT&T's proposed $6.1 billion hostile attempt to take over NCR.
Delta purchased 18 gates and related airport support facilities at Hartsfield Atlanta International Airport from Eastern Air Lines for $41.4 million. Delta also said it purchased Eastern's Buffalo-to-Toronto route and certain facilities at Toronto for $1.5 million.
South Korea said it plans to import 84,000 tons of foreign beef during 1991 to meet an expected 3 percent increase in domestic demand.
The European Community said it will levy anti-dumping duties on imports of small-screen color televisions from China and Hong Kong ranging from 2.1 percent to 17.4 percent. The duties are highest for Chinese exporters, officials said.
Peru expects to sign an agreement with the IMF that will include a commitment to repay debt owed to multilateral credit organizations this year, the central bank president said.
The Treasury said its plan to reform the federal deposit insurance system will be released in about 10 days. The report is expected to recommend that healthy banks be allowed to sell insurance, securities and mutual funds through separate subsidiaries.
MCI Communications signed a three-year contract worth at least $13 million to provide long-distance services to the American Automobile Association.
US Sprint signed a three-year contract with the Securities Industries Association under which the two will market Sprint's long-distance services to the association's 600 member firms.
Reynolds Metals of Richmond reported that fourth-quarter earnings fell 89 percent from the same period of last year and declined 44 percent for all of 1990 from the year before.
L.A. Gear, which wowed Wall Street in recent years with hefty profits from flashy athletic shoes before tumbling last summer, said it posted its first quarterly loss ever as a public company -- between $4 million and $6 million on sales of about $190 million.
Amoco, the fifth-largest U.S. oil company, reported its fourth-quarter earnings climbed 69 percent from year-earlier levels largely because of the rise in crude oil prices since the start of the gulf crisis. Full-year 1990 earnings rose 19 percent.
Enlisted military personnel serving in the gulf are exempt from income tax on their military pay because President Bush has designated the area and surrounding waters a combat zone. For officers, the first $500 a month is tax-free.