Dow ends higher as NAPM report tempers gains
The Dow Jones industrials closed up about 9 points after erasing much of a 33 point intraday gain. Broad indexes mixed and volume 392.66 million shares. A weak NAPM index of 46.5% in November supported stocks, whileTreasury yields rose slightly on expectations for the economy and deficit-cutting in Congress.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
National Association of Purchasing Management
NAPM
Treasury
Alfred E. Goldman
A.G. Edwards & Sons Inc
St Louis
Dow Jones
Congress
Goldman
Gannett to merge with Multimedia in $1.7 billion deal
Gannett will acquire Multimedia Inc in a 1.7 billion dollar merger after FCC approval. The deal adds five TV stations to Gannett bringing total to 15, with required divestitures including WLWT Cincinnati and KOCO TV Oklahoma City to satisfy ownership limits. Multimedias 37.87 million shares will be purchased at 45.25 dollars each.
MENTIONED IN THIS ARTICLE
Washington
Gannett
Multimedia, Inc
Phil Donahue
Sally Jessy Raphael
Rush Limbaugh
USA Today
Federal Communications Commission
Vision
Multimedia
WLWT
Cincinnati
Cincinnati Enquirer
FCC
Koco-Tv
Oklahoma City
Wmaz-Tv
Macon
Wmaz-Am
Ways-F
Multimedia Talk Channel, Inc
Heinz plant to stay open in Weirton after halt to closing
Heinz Pet Products will keep the Weirton plant open and retain most of its 53 workers after scrapping planned closure. The facility, which shears and coats steel for pet food cans, will temporarily shut Dec 20 to Jan 2 for reorganization. The plant and Weirton Steel plan new uses for the steel and potential sales to other firms.
MENTIONED IN THIS ARTICLE
Weirton
Heinz Pet Products
Heinz
Puerto Rico
Coats Steel
Weirton Steel Corp
Weirton Steel
Star-Kist Foods Inc
Newport
Export outlook good for 1996 grain and soy exports
The Agriculture Department reports 1996 exports forecast at 58 billion dollars, up nearly 4 billion from 1995, driven by tighter world supplies in wheat, coarse grains, and soybeans. Asia will receive about 45 percent of export value, with Japan at 11.3 billion dollars, up 8 percent from this year.
MENTIONED IN THIS ARTICLE
A Ashington (Ap
Agriculture Department
USDA
Asia
Japan
Livestock Market Reports From Several Virginia and West Virginia Markets
Livestock sales compiled from Alderson Narrows Bluegrass and Tazewell markets show totals ranging from 27 383.41 at Alderson on November 24 to 62 858.87 at Narrows on November 25 and 48 175.76 at Bluegrass on November 25. Sales include cattle, calves, hogs, lambs and goats with varied price ranges by weight and class and note upcoming Tack sale December 6 and stock cow and bred heifer sale December 13.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Robert Thomas Securities, Inc
Abbott Labs
Allegheny Power
AM. Family Corp
Ameritech
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Boeing CO
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chrysler Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Crestar Financial
CSX Corp
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
1ST
Virginia Bank
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE Corp
Georgia Pacific
Gillette CO
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll Rand
K-Mart Corp
Kroger CO
Lowe's CO
Mapco Inc
McDonald's Corp
MC Communications
Merck & CO. Inc
Mobil Corp
Monsanto CO
Mylan Labs
Nash Finch CO
Nationsbank Corp
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
Pacific Telesis
J.C. Penney CO
Pennzoil CO
Pepsico Inc
Phila, Electric
Philip Morris Cos
Phillips Petroleum
Pittston Minerals
Pittston Services
Potomac Elec
PWR
Praxair, Inc
Sears Roebuck
Sherwin Williams
Shoney's Inc
Signet Banking
Southern CO
Tenneco Inc
Texaco Inc
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
Marathon Oil
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westinghouse EL
Westmoreland Coal
Westvaco Corp
Xerox Corp
DOW Jones
Alderson
Alderson Livestock Market
B.h
Narrows
Lewisburg
Bluegrass
Farmers Livestock Market
Tazewell
Ewes & Bucks
Dollar Falls Against Mark and Yen in Weak Manufacturing News
The dollar slipped to 101.25 yen from 102.15 and 1.4460 marks from 1.4470 as signs of weaker U S manufacturing dampened appetite for the dollar. It rose versus other European currencies amid slow forex trading, aided by Britain rate expectations and French franc weakness amid strikes.
MENTIONED IN THIS ARTICLE
New York
Britain
Europe
France
Laura Jean McCarthy
Union Bank of Switzerland
Also Mentioned on This Page
Dow
Gannett, Multimedia
Arlington, Va
North America
Dan Glickman
Glickman
Richard Rominger
Poultry
State Departments of Agriculture
pRiTy
RTA GT
Mark
Ian
Leia Ie
Bluefield
P. Y Telegraph
CCM UC Armel PP
OCR Ae Cement
CNC Ee Ee
Pnamram
Pereann
Mr Mel Ors
UC Eee
Daily Telegraph
Social Security
Thefield
Rity
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