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NEWS SUMMARY
JOC Staff |
GENERAL NEWS Construction of new homes and apartments edged down 0.1 percent in January, the
UNOCAL STILL HAS INDE PENDENCE BUT IT ALSO HAS HUGE DEBT FROM PICKENS' TAKE OVER ATTEMPT
Bill Mongelluzzo |
Unocal Corp.'s successful fight in 1985 to stop a hostile takeover attempt by financier T. Boone Pic
VOLUNTARY REHABILITATION URGED FOR FLA. SYNDICATES
C.A. Carpenter |
All 23 syndicates at the Miami insurance exchange are being urged to consider voluntary rehabilitati
WEST COAST BRIEFS
From Wire and Staff Reports |
Proposition 65 Backers Fear Shorter Toxic ListAssemblyman Tom Hayden and other backers of Pr
Maritime
TRADE FAIRS
From Wire and Staff Reports |
Leipzig Spring Show Focuses on FoodThe Leipzig Spring Fair will be held March 15-21 in Leipz
Maritime
EX-BANK OF JAPAN CHIEF TAKES TOKYO TO TASK
(Ap) |
The chief author of a 1986 report calling for a "historic transformation" of Japan's economy chastis
Maritime
OMI REPORTS PROFIT AFTER CHARTER SETTLEMENT
Mark Magnier |
OMI Corp. reported fourth quarter net income of $2.5 million or 8 cents a share on revenue of $47.3
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
MEXICO REPORTS NON-OIL EXPORTS UP 34 PERCENT IN 1986
(Ap) |
Sales of non-oil goods to foreign customers soared about 34 percent last year, the government said.<
Maritime
NOMINATIONS SOUGHT FOR WATERWAYS BOARD
JOC Staff |
The Army asked for nominations from around the country for shippers and users to sit on an 11-member
Maritime
ARCO TO CONSTRUCT DUTCH MTBE UNIT
Journal of Commerce Staff |
Arco Chemical Europe announced that its Netherlands operating unit will build an estimated $20 milli
CORRECTION
JOC Staff |
Truck tonnage totals in last week's table for the Southern and Western regions and for All Areas wer
GRENADA RAISES NUTMEG SHIPMENTS
Canute James |
Grenada, the world's second-largest producer of nutmegs, recorded a 13.5 percent increase in exports
Maritime
WITCO TO REVAMP CONCARB PLANTS
Journal of Commerce Staff |
Witco Corp. is planning a $2.6 million modernization project for its Concarb division carbon black p
COMMODITY BRIEFS
From Wire and Staff Reports |
Chinese Cotton Growers Receive IncentivesCotton growers in China's coastal Jiangsu province
INTERNATIONAL LOANS
Staff Report |
IDB ECUADOR - $57.2 million from the Inter-American Development Bank for low- income housing
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Czech Dissident VIENNA, Austria - A U.S. congressional delegation in Czechoslovakia on a hum
Maritime
ON THE MOVE
From Wire and Staff Reports |
INSURANCE ContinentalNames BondHead of UnitNEW YORK - Continental Corp. name
THE ECONOMY
JOC Staff |
Obstacles To BusinessGrowth CitedConsumers' heavy spending at the expense of savings
ABA DELEGATES VOTE TO PROCEED WITH DEBATE ON TORT REFORM
Leah R. Young |
By a one-vote margin, the House of Delegates of the American Bar Association voted to go ahead with
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PRESTON REGISTERS 4TH-QUARTER PROFIT
JOC Staff |
Preston Corp. reported a fourth quarter profit of $604,000, or 10 cents a share, compared with a yea
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Fried Chicken Firm Leaving South AfricaLOUISVILLE, Ky. - Kentucky Fried Chicken Corp. plans
Maritime
EXOTIC FACADE MASKS BURMA'S PROBLEMS
(Ap) |
Burma's quarter-century of isolation and one-man rule have shattered the economy of a bountiful land
Maritime
NEW PRODUCTS MARKETPLACE BRITISH INSTRUMENT MONITORS MINE RIGS
JOC Staff |
William McGeoch & Co. of Britain has developed an instrument that displays the position of mobile eq
Maritime
SHIPS DIVERT FROM ECT MAJOR LINES AVOID ROTTERDAM DUE TO STRIKE
Simon Cameron Moore |
Major shipping lines are diverting vessels from Rotterdam to avoid being strikebound at Europe Conta
Maritime
W. GERMANS FLOCK TO FOREIGN FLAGS
Jess Lukomski |
West Germany's shipowners, as generally expected, promptly farmed out their vessels under cost-savin
Maritime
JAPAN SEEKS FEED GAIN ALTERNATIVE
Knight-Ridder Financial |
Limited sorghum supplies for this year and soaring prices have left Japanese import ers in need of a
RUBBER OUTPUT RISES IN MALAYSIA
Knight-Ridder Financial |
Malaysian rubber output totaled 1.54 million metric tons in 1986, up 4.7 percent from the previous y
STUDY REVISES HEIGHT OF NORTH SEA WAVE
Bob Wesenberg |
A follow-up examination of a Danish report by the Norwegian classification society Det norske Verita
OAKLAND REGAINS MILITARY AIRLIFT FOREIGN FLIGHTS
Maureen Robb |
Oakland International Airport has won its first international customer since it was forced to stop s
Maritime
JAPANESE AIDE SAYS G-5 STILL HOPES FOR MEETING
A.E. Cullison |
Financial authorities of the five major industrial democracies are still trying to arrange another
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
FLEXIBLE PLAN UNVEILED CALIF. BLUE SHIELD CONTRACT TRIMS COSTS
Bill Mongelluzzo |
A Blue Shield of California pilot project that takes a flexible approach to outpatient care is provi
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pri
BRAZIL SEEKS INCREASE IN COCOA STOCK SIZE
Knight-Ridder Financial |
Brazil will demand an increase in International Cocoa Organization's buffer stock to 250,000 metric
PROFIT MARGINS RISE FOR MOST LARGE TRUCK LINES
Journal of Commerce Staff |
Profit margins rose for nearly 70 percent of the nation's larger trucking companies in a year-to-yea
CONRAIL OFFERING FILED INITIAL PRICE OF $22-$26 A SHARE EXPECTED
David M. Cawthorne |
The initial public offering price for Conrail stock is expected to be between $22 and $26 a share, a
SAFETY LEGISLATION MAY BE WIDENED
David M. Cawthorne |
The Senate Commerce Committee may attempt to expand legislation permitting random testing of railroa
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Ford Motor Co. earned $3.3 billion in 1986, a 31 percent improvement over the p
Maritime
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