West Virginia banks merger clears with branch sales
The U S Justice Department antitrust division approved City Holding Co planned purchase of Horizon Bancorp Inc after agreeing to sell two branches with about 95 million dollars in deposits to preserve competition in Greenbrier County and Hinton Summers County. Purchasers must also await approval for the branch sales and loans while the Federal Reserve must sign off on City Holding's acquisition.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
U.S. Department of Justice
City Holding Co
Horizon Bancorp Inc
Greenbrier County
Hinton
Summers County
Summers
Raleigh
Greenbrier
City Holding
Horizon
Exxon to buy Mobil in richest deal ever
New York AP reports Exxon plans to acquire Mobil for 77.2 billion dollars, creating the world’s largest company. The merger would form Exxon Mobil Corp with about 48,500 gas stations and 2.5 billion barrels of oil and gas daily output, while likely triggering thousands of job cuts and antitrust divestitures.
MENTIONED IN THIS ARTICLE
Ron Campbell
Robert Thomas Securities, Inc
Abbott Labs
Allegheny Electric
AFLAC
Ameritech At&t Corp
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Corning Inc
Crestar Financial
CSX Corp
CVS Corp
Daimlerchrysler AG
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
Virginia Bank
Flowers Industries
FMC Corp
Ford Motor CO
Food Lion Inc
GEN. Electric CO
GEN. Motors Corp
GTE Corp
Georgia Pacific
Gillette CO
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Technologies
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
Phila. Electric
Philip Morris Col
Phillips Petroleum
Pittston Brinks
Pittston Burlington
Pittston Minerals
Potomac Elec
PWR
Praxair, Inc
Pulaski Furniture
Reebok Intl
REX Stores Corp
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Sherwin Williams
Shoney's Inc
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
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
Westwaco Corp
Williams Cos
Valley Nat'l Gases
Xerox Corp
DOW Jones
Exxon
Mobil
New York
John D. Rockefeller
Standard Oil
Exxon Mobil Corp
Exxon Mobil
Royal Dutch Shell Group
General Motors Corp
United States
Kuwait
Exxon Tiger
Red Pegasus
Manufacturing declines as 1999 indicators show mixed signals
New York AP reports US manufacturing slowed for the sixth straight month in November amid the global financial crisis. The National Association of Purchasing Management shows drops in new orders exports and imports signaling further production declines, while separate data from the Conference Board offers a modest rise in its Leading Economic Indicators for October, suggesting a gradual improvement by mid-1999.
MENTIONED IN THIS ARTICLE
New York
U.S
National Association of Purchasing Management
Conference Board
Blue chip stocks rebound after steep slide
New York AP reports blue chip stocks bounced back as the Dow rose about 17 points to 9,133 after dipping to 8,987 earlier. The market had faced profit taking following a week of gains and big deals including Deutsche Bank's 10 billion Bankers Trust takeover and ExxonMobil's 77 billion purchase.
MENTIONED IN THIS ARTICLE
New York
Bankers Trust
Deutsche Bank
Mobil
Exxon
Also Mentioned on This Page
U.S. Justice Department
W.va
Justice Department
Federal Reserve System
Bottonline.com
College Coin Laundry, LLC
College Square Bird
Subway
Lamars
GUCCI
Agan Morc
Riaz Uddin Riaz
M.r.c.psyc
England
Robert L. Heape
NCC
LPC
Bluefield Mental Health Center
Bluefield & Welch
Federal St
Bluefield
Health Care Inc
Bluewell
Welch
Richlands
Princeton
Tazewell
Med-Response, Inc
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