Ford Profits Jump 121 Percent in Third Quarter
Ford Motor Co reports record third quarter profits of 693.3 million, up 121 percent from last year, with earnings per share of 2.61 and sales rising to 14.4 billion. GM and Chrysler also posted declines, while Ford Credit showed a 62 percent rise to 155.5 million.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Chrysler Corp
General Motors Corp
Ford
North America
North American
Mount Clemens
du Pont Co
Ford Aerospace
Starnetorp
Ford Motor Credit Co
Auto
Maker
Thomas O’grady
Philadelphia
Chrysler
O’grady
Sable
Atlanta
Chicago
Du Pont Income Up 25 Percent on One-Time Gains
Du Pont reports third quarter net income of 343 million dollars or 1.42 per share up 25 percent compared with 275 million dollars or 1.13 per share a year earlier. The gain reflects a 0.09 dollar per share one-time item while a 0.30 dollar per share charge in 1985 skewed comparisons. Sales fell 12 percent to 6.4 billion, Conoco energy revenue down about 30 percent due to low oil and gas prices. Chairman Heckert cited productivity gains and Conoco refinining strength offsetting energy price weakness. Looking ahead energy remains influenced by oil costs.
MENTIONED IN THIS ARTICLE
The
du Pont Co
Wilmington, del
Conoco Energy
Conoco
Richard E. Heckert
Heckert
Speaker suspends drug accuser in South Carolina House
State Rep. Phil Bradley a Greenville Republican was suspended by House Speaker Robert Sheheen after being indicted on obstruction charges for not naming lawmakers who allegedly used cocaine on the House floor. Bradley faces potential expulsion if convicted.
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Columbia
Phil Bradley
General Assembly
Robert Sheheen
Greenville Republican
Bradley
Sheheen
House
Sterling Anderson
Spartanburg
Robert Woods
Charleston
Greenville
Anderson
Woods
Federal
Atlanta
Some College Leaders Want Salaries Disclosed
South Carolina college presidents discuss transparency of public money salaries. USC President James B. Holderman refuses to release Jehan Sadat's total pay details while a student sues to obtain her 50 000 dollar Spring 1985 course payment.
MENTIONED IN THIS ARTICLE
South Carolina
Paul Perkins
University
USC
College of Charleston
Harry M. Lightsey Jr
Lightsey
Professor X
Spence and Zeigler clash over value of experience
In Columbia AP report on WIS-TV Newswatch Spence cites 16 years in Congress as an asset while challenger Fred Zeigler dismisses his clout as a veteran politician calling him an invisible follower. Zeigler promises aggressive leadership and new vigor while criticizing Spence’s seniority.
MENTIONED IN THIS ARTICLE
Columbia
U.S
Floyd Spence
Congress
Fred Zeigler
Wis-Tv
Spence
Zeigler
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du Pont
Heritage
Reebok
John Hamilton Smith
Clemson
Max Lennon
Trident Technical College
Charles W. Branch
University of South Carolina
Lennon
Washington
Heritage Scapap
Electric Ave
Young Men's
Calvin Klein
Young Mer
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