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} else { document.write('<iframe src="/global/us/left_column" name="formContainer1" width="144" height="850" marginwidth="0" marginheight="0" scrolling="no" frameborder="0"></iframe>'); } </script> </td> <td width="8" valign="top"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/global/images/global/clear.gif" width="8" height="1" border="0"></td> <td width="447" valign="top" height="1300"> <table cellpadding="0" cellspacing="0" border="0" width="447"> <tr><td width="5"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="5" height="1" border="0"></td><td width="143"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="143" height="1" border="0"></td><td width="20"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="20" height="1" border="0"></td><td width="279"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="279" height="1" border="0"></td></tr> <tr><td> </td> <td><img src="/web/20001021140408im_/http://news.ft.com/cgi-bin/gx.cgi/AppLogic+FTBlobServer?blobtable=Image&amp;blobcol=urlpicture&amp;blobkey=id&amp;blobwhere=FT34NAI9KEC&amp;blobheader=image/gif" alt="" width="130" height="130"><br clear="all">&nbsp;</td> <td> </td><td valign="top"><span class="allWide"> <font class="bigHeadline"><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3YBNBBKEC&amp;live=true&amp;tagid=IXL5PIPSW8C"><b> GE makes eleventh hour bid to buy Honeywell </b></a></font><br> <img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="1" height="5" alt=""><br clear="all"> General Electric abruptly broke up a proposed merger between Honeywell and United Technologies on Friday, offering to outbid United Technologies' offer of almost $40bn. GE's proposal, which would be the largest industrial takeover ever, could trigger a clash of some of the world's biggest conglomerates. Although United terminated its merger discussions, analysts said Honeywell could attract interest from Siemens of Germany or Tyco of the US. - <i> October 21 2000 11:45GMT </i><br><br> <br> <br></span></td> </tr><tr><td valign="top" colspan="2"><table border="1" cellpadding="4" cellspacing="0" width="148" bordercolor="#CCCCCC"><tr><td><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" height="3" alt=""><br><font class="all"> <font class="homeBrown"><b>us election 2000</b></font> <br> <a href="https://web.archive.org/web/20001021140408/http://specials.ft.com/uselections/index.html"><img src="https://web.archive.org/web/20001021140408im_/http://www.ft.com/edimages/nac_uselection.gif"><br>Full coverage</a><br><br> <font class="homeBrown"><b>baseball</b></font> <br> <a href="https://web.archive.org/web/20001021140408/http://sportsline.ft.com/ft/baseball/mlb/index.html">Latest action from<br>the playoffs</a><br><br> <font class="homeBrown"><b>time off</b></font> <br> <a href="https://web.archive.org/web/20001021140408/http://timeoff.ft.com/timeoff">Wine and beer in<br>ancient times</a><br><br> <a href="https://web.archive.org/web/20001021140408/http://career.ft.com/careers"><font class="homeBrown"><b>virtual universities</b></font></a><br> <a href="https://web.archive.org/web/20001021140408/http://career.ft.com/careers"><img src="https://web.archive.org/web/20001021140408im_/http://career.ft.com/cgi-bin/gx.cgi/AppLogic+FTBlobServer?blobtable=Image&amp;blobcol=urlpicture&amp;blobkey=id&amp;blobwhere=FT3H5GXS5DC" width="134" height="41" border="0"></a> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?GXHC_gx_session_id_FutureTenseContentServer=6bc99075c1a7b45f&amp;pagename=View&amp;c=Article&amp;cid=FT3IFTJ30EC&amp;live=true">Companies put education <br>programmes online</a><br><br> <a href="https://web.archive.org/web/20001021140408/http://people.ft.com/people/"><font class="homeBrown"><b>people in focus</b></font></a><br> <a href="https://web.archive.org/web/20001021140408/http://people.ft.com/people"><img src="https://web.archive.org/web/20001021140408im_/http://people.ft.com/cgi-bin/gx.cgi/AppLogic+FTBlobServer?blobtable=Image&amp;blobcol=urlpicture&amp;blobkey=id&amp;blobwhere=FT3NK30LKDC" width="134" height="41" border="0"></a> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3AOAE80EC&amp;live=true">Vojislav Kostunica: Yugoslavia's revolutionary new president</a><br> <img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" height="3" alt=""></font></td></tr></table> <br> <font class="homeBrown"><b>discussion forums</b></font><br><font class="allWide"> <a href="https://web.archive.org/web/20001021140408/http://forum.ft.com/fintimes/Forum155/HTML/000001.html">- Peace in the Middle East</a><br> <a href="https://web.archive.org/web/20001021140408/http://forum.ft.com/fintimes/Forum240/HTML/000001.html">- Abortion pill: what will legalisation bring?</a><br> <a href="https://web.archive.org/web/20001021140408/http://forum.ft.com/cgi-bin/fintimes/search.cgi?action=getdaily">- Today's active topics</a><br> </font><br></td><td> </td><td valign="top"><span class="allWide"> <font class="bigHeadline"><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3069JUKEC&amp;live=true&amp;tagid=IXL5PIPSW8C"><b> AOL says Disney chiefs received confidential information </b></a></font> <br><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="1" height="5" alt=""><br clear="all"> <span class="allWide"> America Online, the internet portal which is seeking approval for its proposed merger with Time Warner, said top executives at Walt Disney, which opposes the merger, had received confidential information about AOL's strategy. - <i> <span class="allWide">October 21 2000 12:04GMT</span> </i></span><br><br> <font class="homeBrown"><b>other top stories</b></font> <br><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3B0ESAKEC&amp;live=true&amp;tagid=IXL5PIPSW8C">Israel threatens to end peace talks</a> <br><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3NM2R8KEC&amp;live=true&amp;tagid=IXL5PIPSW8C">Clinton returns to election fray</a> <br><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT37U854KEC&amp;live=true&amp;tagid=IXL5PIPSW8C">Germany and North America leave Coke volumes flat</a> <br><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT38TRY2KEC&amp;live=true&amp;tagid=IXL5PIPSW8C">Roche collaborates on gene test for schizophrenia</a> <br><a href="https://web.archive.org/web/20001021140408/http://www.ft.com/hippocampus/news.htm"> &gt; More headlines</a><br> <br> <a href="/web/20001021140408/http://news.ft.com/news/worldnews/global"><font class="headline"><b>world news</b></font></a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3B0ESAKEC&amp;live=true&amp;tagid=ZZZGXV4R00C">Israel threatens to end peace talks</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3NM2R8KEC&amp;live=true&amp;tagid=ZZZGXV4R00C">Clinton returns to election fray</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT39D5RBKEC&amp;live=true&amp;tagid=ZZZGXV4R00C">Safety chiefs warn about UK high-speed trains</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT39SUU4KEC&amp;live=true&amp;tagid=ZZZGXV4R00C">Argentine intelligence chief quits</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT38GX38KEC&amp;live=true&amp;tagid=ZZZGXV4R00C">British authorities told of Abacha transactions</a><br> <br> <a href="/web/20001021140408/http://news.ft.com/news/businessnews/global/"><font class="headline"><b>business news</b></font></a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3069JUKEC&amp;live=true&amp;useoverridetemplate=ZZZUGORQ00C&amp;tagid=ZZZNSJCX70C">AOL says Disney chiefs received confidential information</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3YBNBBKEC&amp;live=true&amp;useoverridetemplate=ZZZUGORQ00C&amp;tagid=ZZZNSJCX70C">GE makes eleventh hour bid to buy Honeywell</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT37U854KEC&amp;live=true&amp;useoverridetemplate=ZZZUGORQ00C&amp;tagid=ZZZNSJCX70C">Germany and North America leave Coke volumes flat</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3B9RT9KEC&amp;live=true&amp;useoverridetemplate=ZZZUGORQ00C&amp;tagid=ZZZNSJCX70C">Italian 3G mobile auction delayed after Blu asks for suspension</a><br> <a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT30FFXXJEC&amp;live=true&amp;useoverridetemplate=ZZZUGORQ00C&amp;tagid=ZZZNSJCX70C">Ericsson's handset losses shock investors</a><br> <br> <font class="homeBrown"><b>discussion highlight</b></font><br><font class="allWide"> <a href="https://web.archive.org/web/20001021140408/http://forum.ft.com/fintimes/Forum244/HTML/000001.html">Bush versus Gore: who has the edge?</a> </font><br><br></span></td></tr></table> <table cellpadding="0" cellspacing="0" border="0" width="447"><tr bgcolor="#996600"><td width="159"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="159" height="1" border="0"></td><td width="10"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="10" height="1" border="0"></td><td width="278"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="278" height="1" border="0"></td></tr><tr><td colspan="3"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Common/search_top.gif" width="447" height="8" border="0"></td></tr><tr><td colspan="3"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="1" height="10" border="0"></td></tr><tr><td valign="top"><font class="headline">markets</font><br> <font class="bigCrumb"><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3JQ5ICKEC&amp;live=true&amp;tagid=ZZZ8P2KD20C">US stocks end week in upbeat mood</a></font><br> <span class="allwide"> Wall Street ended a volatile week in a fairly upbeat mood, as buying continued in technology stocks amid strong earnings reports. </span><br> <br><span class="homeBrown">other top stories</span><br> <font class="allWide"><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3MY6ICKEC&amp;live=true&amp;tagid=ZZZ8P2KD20C">Treasuries up amid Mideast clashes</a></font><br> <font class="allWide"><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT31PMB5KEC&amp;live=true&amp;tagid=ZZZ8P2KD20C">European tech rally shrugs off Ericsson woes</a></font><br> <font class="allWide"><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3Q3GS7KEC&amp;live=true&amp;tagid=ZZZ8P2KD20C">Wobbly Footsie inspired by Wall St</a></font><br> <font class="allWide"><a href="/web/20001021140408/http://news.ft.com/ft/gx.cgi/ftc?pagename=View&amp;c=Article&amp;cid=FT3KVXC7KEC&amp;live=true&amp;tagid=ZZZ8P2KD20C">Euro lingers near lows amid central bank inaction</a></font><br> </td><td>&nbsp;</td><td valign="top"> <script> function formatLocal(time, adjustHours, adjustMins) { var newTime = time; var hours; var mins; if (time == "N/A") { return "-"; } if (newTime.charAt(1) == ":" || newTime.length == 3) { newTime = "0" + newTime; } if (newTime.charAt(2) != ":") { newTime = newTime.substring(0,2) + ":" + newTime.substring(2,4); } hours = parseInt(newTime.substring(0,2), 10); mins = parseInt(newTime.substring(3,5), 10); mins -= adjustMins; if (mins < 0) { mins += 60; hours -= 1; } hours = (hours + adjustHours) % 24; newTime = hours + ":" + (mins < 10 ? "0" : "") + mins; return newTime; } function formatTime(time, timeZone) { var addHours; switch (timeZone) { case "TST": addHours = 14; break; case "HST": addHours = 13; break; case "CET": addHours = 6; case "BST": addHours = 5; break; case "GMT": addHours = 5; break; default: addHours = 0; } return formatLocal(time, addHours, 0); } function formatTimePSE(time) { return formatLocal(time, 6, 15); } function formatTimeLSE(time) { return formatLocal(time, 5, 15); } function exchangeCloseTime(symbol, timePST){ // turn on/off based on GMT hence LSE var getTime = 06; var getHours = getTime + 8; var adjustedTime = "Close"; if (symbol == "INDEX:INX" || symbol == "INDEX:DJI" || symbol == "INDEX:COMPX") { // These are all open 2.00pm til Midnight GMT if (getHours >= 14 && getHours < 24) { adjustedTime = formatTime(timePST, "EST") + " EST"; } }else if (symbol == "LSE:UKX"){ // These are all open 8.00am til 8.00pm GMT if (getHours >= 8 && getHours < 20) { adjustedTime = formatTimeLSE(timePST) + " BST"; } }else if (symbol == "PSE:PCAC" || symbol == "XETRA:DAX") { // These are all open 8.00am til 8.00pm GMT if (getHours >= 8 && getHours < 20) { adjustedTime = formatTimePSE(timePST) + " CET"; } } return adjustedTime; } var exchangeTimezone = new Object; exchangeTimezone["OTC"] = "EST"; exchangeTimezone["NASDAQ"] = "EST"; exchangeTimezone["AMEX"] = "EST"; exchangeTimezone["NYSE"] = "EST"; exchangeTimezone["FUND"] = "EST"; exchangeTimezone["MUTUAL"] = "EST"; exchangeTimezone["SSE"] = "CET"; exchangeTimezone["PB"] = "CET"; exchangeTimezone["MONEP"] = "CET"; exchangeTimezone["AMSSE"] = "CET"; exchangeTimezone["LSEDT"] = "BST"; exchangeTimezone["FSE"] = "CET"; exchangeTimezone["MATIF"] = ""; exchangeTimezone["PSE"] = "CET"; exchangeTimezone["LSEDQ"] = "BST"; exchangeTimezone["SEBS"] = "CET"; exchangeTimezone["BSE"] = "CET"; exchangeTimezone["EBSWB"] = "CET"; exchangeTimezone["OSE"] = "CET"; exchangeTimezone["CDNX"] = "CDT"; exchangeTimezone["ALB"] = "CDT"; exchangeTimezone["CBQ"] = ""; exchangeTimezone["MNTSE"] = "CDT"; exchangeTimezone["TRNTSE"] = "CDT"; exchangeTimezone["INDEX"] = "EST"; exchangeTimezone["NASDAQ:BB"] = "EST"; exchangeTimezone["XETRA"] = "CET"; exchangeTimezone["LSE"] = "BST"; exchangeTimezone["OTC BB"] = "EST"; exchangeTimezone["LSEIQ"] = "BST"; function getExchangeTimezone (exchange, symbol) { if (exchange == "FOREXR") { if (symbol == "FOREXR:NI225") return "TST"; if (symbol == "FOREXR:HKHI") return "HST"; } return exchangeTimezone[exchange]; } function showGoodRow(rowNum,symbol,exchange,descName,lastVal,timeVal,percent) { var rowcolor = (rowNum % 2 == 0) ? "#eeeeee" : "#ffffff"; var tzone = getExchangeTimezone(exchange,symbol); var ht = ""; ht += '<tr bgcolor="'+rowcolor+'">'; ht += ' <td align="left" class="all">'; ht += ' <a href="https://web.archive.org/web/20001021140408/http://www.marketprices.ft.com/ftpages/mp_exindex/active/' + symbol + '.htm">'+descName+'</a>'; ht += ' </td>'; ht += ' <td align="right" class="all">'+lastVal+'</td>'; ht += ' <td align="right" height="18" class="all">'+exchangeCloseTime(symbol, timeVal)+'</td>'; ht += ' <td align="right" class="all">'+percent+'</td>'; ht += '</tr>'; document.write(ht); } function showErrorRow() { var ht = '<tr><td colspan="4" class="all">No data available for these indices</td></tr>'; document.write(ht); } var row=0; </script> <table width="277" cellspacing="0" cellpadding="2" border="0" class="all"> <tr bgcolor="#996666"> <td valign="middle" nowrap><font class="boxHeader" color="white">&nbsp;World Indices Summary</font></td> </tr> </table> <table width="277" border="1" cellspacing="0" cellpadding="2" bordercolor="#cccccc"> <tr> <td valign="bottom" width="34%" align="left" class="allBold"> Index</td> <td valign="bottom" width="23%" align="right" class="allBold"> Value</td> <td valign="bottom" width="24%" align="right" class="allBold"> Time</td> <td valign="bottom" width="19%" align="right" class="allBold"> Change</td> </tr> <script> showGoodRow(row++,"INDEX:INX","INDEX","S&P","1396.93","1659","<font class='allGreen'>+0.6%</font>"); showGoodRow(row++,"INDEX:DJI","INDEX","DJIA","10226.50","1630","<font class='allGreen'>+0.8%</font>"); showGoodRow(row++,"INDEX:COMPX","INDEX","NASDAQ","3483.14","1716","<font class='allGreen'>+1.9%</font>"); showGoodRow(row++,"LSE:UKX","LSE","FTSE 100","6276.30","11:51:00","<font class='allGreen'>+0.9%</font>"); showGoodRow(row++,"PSE:PCAC","PSE","CAC 40","6149.44","08:59:00","<font class='allGreen'>+1.4%</font>"); showGoodRow(row++,"XETRA:DAX","XETRA","DAX","6618.43","1505","<font class='allRed'>-0.0%</font>"); showGoodRow(row++,"FOREXR:HSI","FOREXR","HANG SENG","15044.50","08:56:00","<font class='allRed'>-89.6%</font>"); showGoodRow(row++,"FOREXR:NI225","FOREXR","NIKKEI 225","15198.70","07:28:00","<font class='allGreen'>+2.6%</font>"); </script> </table> <br> </td></tr><tr><td colspan="3"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="1" height="10" border="0"></td></tr><tr bgcolor="#996600"><td colspan="3" bgcolor="#996600"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="1" height="1" border="0"></td></tr><tr><td colspan="3"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Common/search_top.gif" width="447" height="8" border="0"></td></tr><tr><td colspan="3"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/Common/Wrapper/clear.gif" width="1" height="10" border="0"></td></tr></table> <table cellpadding="0" cellspacing="0" border="0" width="447"><tr><td colspan="3"><form action="https://web.archive.org/web/20001021140408/http://search.ft.com/search/multi/index.jsp" method="get" name="globalSearch" id="globalSearch"><input type="hidden" name="do" value="basic"><font class="headline">search</font> <span class="allWide">FT.com &amp; the web&nbsp;&nbsp;</span><input type="text" size="30" maxlength="40" name="query">&nbsp;<input type="image" src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/global/images/forms/go.gif" alt="Go" border="0" value="Search!" name="Go" align="absmiddle"></form></td></tr><tr><td colspan="3"><font class="headline">global archive</font>&nbsp;&nbsp;&nbsp;<a href="https://web.archive.org/web/20001021140408/http://search.ft.com/Search/advancedsearch"><img src="https://web.archive.org/web/20001021140408im_/http://globalelements.ft.com/global/images/forms/go.gif" alt="Go" border="0" value="Search!" name="Go" align="absmiddle"></a><br><span class="allWide">8.5m articles from the world's top 3,000 news and information sources. 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