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US EXPECTED TO APPROVE GM-VOLVO JOINT VENTURE
Michael S. Lelyveld |
The way is open for government approval of the proposed joint venture between General Motors Corp.'s
GM TO CLOSE ELEVEN PLANTS
(Ap) |
General Motors Corp. announced it will close 11 plants employing 29,000 people in four states.
LINDA STERN'S ECONOMIC BEAT
Linda Stern |
HOLLY, EGGNOG, CHESTNUTS ROASTING - Add another tradition to the list of things that mean Christmas.
HELP-WANTED ADS INDICATE SLUGGISH MART
Journal of Commerce Staff |
The Conference Board's index of help-wanted advertising held steady in September following a three-m
FIAT WINS ALFA ROMEO FORD MOTOR CO. IS LOSER IN TAKEOVER BATTLE
(Ap) |
Finmeccanica, the Italian state-controlled holding company, announced it has accepted Fiat's takeove
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSRetailers posted strong sales in October. Page 2A The Conference Board's index
Maritime
15 PERCENT CANADIAN DUTY ON TIMBER SEEN LOW
Helen Ericson |
U.S. lumber producers charged the U.S. Commerce Department used sloppy arithmetic in calculating 15
STEEL PRODUCTION ROSE 1 PERCENT FOR WEEK
(Ap) |
Steel production rose to 1.383 million tons in the week ended Nov. 1, an increase of 1.0 percent fro
OCTOBER RETAIL SALES REBOUND FROM WARM SEPTEMBER'S LULL
(Ap) |
The nation's major retailers reported that retail sales, especially those of apparel, picked up in O
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSRetailers posted strong sales in October. Page 2A The Conference Board's index
WAH KWONG RESCUE GAINS MORE BACKING BANK OF BOSTON HOLDOUT POSES THREAT
P.T. Bangsberg |
Four more creditors put their names to the restructuring plan for Wah Kwong Shipping & Investment Co
ELECTIONS CLOUD US-CANADA PACT
Leo Ryan |
Democratic control of the United States Senate could further complicate progress of U.S.-Canadian ne
ASIAN FIRMS JOIN BIDDING ON ALASKA OIL
A.E. Cullison |
Nineteen U.S. and Asian companies will take part in international bidding for Cook Inlet oil in June
SOVIET PIZZA LOVERS LOOK TO PEPSICO
Albert Axebank |
Soviet citizens would like thousands of pizza parlors, not just the 100 or more Pizza Huts Pepsico i
STOCK MARKET MOVES LOWER
RIPLEY WATSON Jr. |
Takeover speculation and restructuring plans continued in the stock market Thursday but they were mo
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Prio
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INSURANCE EARNINGS
JOC Staff |
AIG's Operating Income For Quarter Jumps 75 percentAmerican International Group Inc. reporte
DOLLAR EASES IN TRADING FUELED BY FALSE RUMORS
Knight-Ridder Financial |
The U.S. dollar moved slightly lower Thursday in nervous, volatile trading fueled by numerous rumors
FINANCIAL BRIEFS
From Wire and Staff Reports |
Salomon Introduces New Currency HedgeSalomon Brothers introduced a new foreign currency hedg
US PRODUCTIVITY EXPECTED TO RISE
Journal of Commerce Staff |
Technological breakthroughs and more stable prices are expected to soon lift U.S. productivity back
COST OF CREDIT
JOC Staff |
Thursday, Nov. 6, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SINGAPORE ATTRACTS CANADIAN FIRM
P.T. Bangsberg |
One of Canada's major petrochemical groups is joining the ranks ofproducers setting up in Singapore,
NYSE AND CME MAY FORM LINK
Knight-Ridder Financial |
The New York Stock Exchange and the Chicago Mercantile Exchange announced a joint task force that wi
CORN STARCH PLASTIC BAGS SOUGHT
Dirck Steimel |
What environmentally minded consumer wouldn't buy biodegradable plastic garbage bags that are made o
SULFUR STOCKS DECLINING
Journal of Commerce Special |
Western Canada's export sulfur industry earns C$2.6 billion a year and is said to help feed nearly o
PLASTICS CORNER
Journal of Commerce Staff |
Foam Aids ExplorationOf TitanicBuoyancy materials developed by W.R. Grace & Co. assi
CHEMICAL MARKETS
Journal of Commerce Staff |
Soft Market Keeps AspirinDepressedThe market for acetylsalicylic acid, or aspirin, i
CALIF. SAFETY AGENCY HONORS MOBIL PLANTS
Journal of Commerce Staff |
Two Mobil Chemical Co. plants, in Woodland and Bakersfield, are being singled out for their advance
AQUALON GROUP FORMED HERCULES, W. GERMAN FIRM JOIN POLYMERS UNITS
Journal of Commerce Staff |
Hercules Inc. and Henkel KGaA, Dusseldorf, West Germany, agreed to the creation of a joint venture
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Democrats' strong showing in this year's Senate races leaves their leadershi
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ISRAELI OIL FIGHTS FREE MARKET
Journal of Commerce Special |
The plans of Energy Minister Moshe Shahal to throw the Israeli oil market wide open to free competit
OWENS-CORNING PLANS RECAPITALIZATION
Journal of Commerce Staff |
Stockholders of Owens-Corning Fiberglas Corp. approved a plan of recapitalizati on. Under th
FRENCH FIRMS' NORWEGIAN FUTURE UNCERTAIN
Bob Wesenberg |
Two French oil companies, Elf Aquitaine and Total Marine, could fall into disfavor with Norwegian au
GCC VOWS TO PROTECT NAVIGATION
(Ap) |
Leaders of the six-nation Gulf Cooperation Council have ended their annual summit with a vow to prot
MART IGNORES STOCK LEVELS IN FAVOR OF OPEC-WATCHING
Knight-Ridder Financial |
Petroleum inventory statistics as reported by the American Petroleum Institute will be neutral for t
ENERGY BRIEFS
From Wire and Staff Reports |
Chevron Lifts Freezes On Hiring, Pay HikesChevron Corp. said it lifted freezes on hiring and
CHARTERING ESCALATES IN SWEDEN
Bob Wesenberg |
Swedish shipping companies are increasing their chartering activities. Stena Bulk AB and Con
Maritime
FUEL SUPPLIES HOLD STEADY
Journal of Commerce Staff |
Supplies of distillate fuel oil were unchanged and gasoline supplies declined, the American Petroleu
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