Closing stocks show mixed gains across diverse firms
Over the counter securities list broad movements with many names advancing. Notable gains appear for Disney Huges Tool Ingersoll Rand Sony Amerada Occidental Tex Instr BankAmer Wells Fargo and McDonalds among others. Several firms post double digit to high single digit increases while others edge lower amid volatile trading activity.
MENTIONED IN THIS ARTICLE
Occidental
Ashland Oil
Ethyl
KanebSvcs
Avon
Firestone
Kirby
AtlasCorp
FirstWalk
Lear Siegler
Bakr
Lear Petr
Taft
WarnerCom
Cro Pwr
Hanna Min
Marion Lbs
Warner Lamb
Mark Controls
Wncona
Cstl Cp
Heilg-Myrs
Mesa Petr
Revion
CocaCola
Hercules
Mesa Roys
Aynids Inds
Westnghse
Col Gas
HospCorp
Msafshi
Robins AH
Whittaker
Combing
Hous Ind
Michi Fargy
Robershaw
Wilms Elec
Mixed stock market as Dow rises on late rally
Shares run mixed in slow trading as investors weigh economic signals. Dow gains 2.35 to 1299.73, aided by late buying while oil and airline stocks slip. NYSE volume weak at 87.5 million. S&P indices inch higher, Nasdaq down, with IBM and other tech names fluctuating amid broader activity.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
NYSE
Standard & Poor
S&p
U.S. economy grows at 3.1 percent pace in Q2 foreseen
The Commerce Department reports a 3.1 percent annualized growth in the second quarter easing inflation worries. Analysts note strong consumption and a services-led recovery despite weak manufacturing and exports, with revisions likely after more data. Officials see a rebound by summer’s end as inflation stays low.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Allen Sinai
Shearson Lehman Brothers
Sinai
White House
Larry Speakes
Malcolm Baldrige
Robert Gough Jr
Data Resources, Inc
Lexington
Mass
Reagan plan needs redrawn says tax writer senator
Senate Finance chairman Sen. Robert Packwood warned that President Reagan's overhaul could hurt middle income Americans and should be revised before a vote. He stressed the plan is not dead and could reach the president's desk by Christmas if House approves by mid October. The Treasury Department is reviewing the impact on incomes from $20,000 to $60,000.
MENTIONED IN THIS ARTICLE
Washington
Senate
Reagan
Congress
Robert Packwood
R-Ove
Senate Finance Committee
Packwood
House
Treasury Department
Analysts dispute Wheeling-Pittsburgh cash solvency
In Pittsburgh a bankruptcy expert for Arthur Young stated Wheeling-Pittsburgh Steel could have $177 million cash in a year with proper accounting and inventory loans, enough to continue operations. The judge weighs whether to allow labor contract dissolution and lower rates to resume profits during Chapter 11 restructuring.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Steelworkers Union
Wheeling-Pittsburgh Steel Corp
Wheeling-Pittsburgh
Daniel Scouler
Arthur Young & Co
Scouler
U.S
Warren W. Bentz
Bentz
Wheeling
Michael H. Gottesman
USW
Scou
Also Mentioned on This Page
First Carolina
Fortunesm
Glaxo Holdings Adr
Kincaid Furniture Inc
Ladd Furniture Inc
Bank
MCI Communication
Pulaski Furniture
Corp
S$ & K Famous Brands
TV Shoneys Inc
Service Merchandise
Sovran Financial
Starr Surgical
Westmoreland Coal
Williams Industries
Wiland Services
Wheat First Securities Inc
Wheat First New York
Securities, Inc
Gillette
Mobil
ReyMtl
Inter-dealer Markets Stock Exchange
Roylid
Clude Retail Amr
NII
SwBell
Bat
Atlantic Research AllisCh
IBM
Niamp
Bassett Furniture
Alcoa
DeltaAr
Ma IntHarv
NYNEX
Benafuels Inc
Texaco
Bluefield Supply
JoyMig Kmart
Owenlil
Textron
duPont
Uniroys
Dominion Bankshares
FMC
PanAm
US Steel
Figgie Intl Holdings
ArmWiIn
Finiste
Lockhd
Uswest
Aurich
Szha
Fordm
Loews
William
Gene
Philaf
WinDix
Merck
Burroughs
Data General
Sugar Creek
S-L
Buxton
Mens Royal Copenhagen
Oxford
B&w
Dia
Dia B&w
Dia Color TV
Montgomery Ward
Visa
MasterCard
Mercer Mall
Uniden
FCC
Breuer
Sporting Goods
Vac
Black & Decker
Siz
Onalil
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