GTE expands digital switches in Bluefield and Rocky Gap
GTE advances installation of modern digital telephone switching systems in Bluefield Virginia and Rocky Gap West Virginia. Projects begun 1989 with completion targeted by late summer and fall respectively. Upgrades include softer dial tone faster calls quieter transmission and self diagnosing capability. Fiberoptic links will connect Rocky Gap to Bluefield with a total Virginia investment near 14.5 million in 1990.
MENTIONED IN THIS ARTICLE
Bluefield
Jim Fuller
GTE
Virginia
Rocky Gap
Fuller
West Virginia
Bluefields
Omaka
Blue chips push market higher despite Exxon setback
The Dow rose 10.13 to 2,627.25 as blue chips led a broad advance on Wednesday. Exxon faced heavy selling after indictment news, while overall volume climbed with 184.41 million NYSE shares traded. Major indexes including the S&P and Nasdaq also posted gains amid improved investor confidence and a higher GDP reading of 0.9 percent for Q4 1989.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Exxon
Alaskan
Wall Street
Tokyo
NYSE
Standard & Poor
S&p
American Stock Exchange
Shearson Lehman Hutton announces 2000 layoffs
New York AP Shearson Lehman Hutton Inc plans 2000 layoffs by end of March as part of a broad cost cutting program to save 400 million annually. The move follows 800 cuts last year and a $1 billion capital infusion from parent American Express.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Shearson Lehman Hutton Inc
American Express Co
Shearson
Howard L. Clark Jr
Clark
American Express
Peter A. Cohen
Drexel Burnham Lambert Inc
New York Stock Exchange
Drexel
John Kriz
Moody's Investors Service Inc
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Greg Jordan
Daily Telegraph
ITT Cp
AMR
McDerl
Merck
Amrich
At&t
Amoco
Armco
AdRich
BellAti
BeliSo
Va Nynex
duPonts
Sears
Uswest
Ya William
Gillete
Ya Gdrich
Wheat First Securities, Inc
el Pwr
Wve Dom Res
Grumman
Mo Morris
Sara Lee
Allied Sgni
Deere
Hel Myers
Msa
Amer Brands
Hercules
Mesa Roy
Signet Bk
Amerada
Hous Ind
Michi Enrgy
Sony
Amer Hm Pd
Humana
Det Ed
Nalco Chem
Sovran
Amer Family
Duke Pwr
John Jn
Natl Mn Sve
Sashne M
Ashland Oil
Avon
Ntk Sthn
Syntex Atlas Corp
Estra G&f
Coca Cola
Texas Air
Balg&e
Eme Radio
Ohio Ed
Transamer
Bak Hug
Emrs el
Lil Vernon
Occidental
Tucson el
Ethyl
TRW
Bears
Union Pac
la Pac
US Air
Busch
Foster
Lowes
PittPrem
Unisys
United Tech
FrontMc
MFS Int Inc
Carep &E
Genetech
Manor Care
Pittston
Wstra UN
Ga Pacific
MAPCO
Wstnghse
Col Gas
Gerb Sc
McDonalds
Quak
Whittaker
Reebok
Marion Lbs
Rockwell
Valero
Cyprus
Mesa Lp
Perrin Long
Er Analytical Services
Credit Card and Financial Services Company
Kidder Peabody & Co
Merrill Lynch & Co
First Boston Corp
Goldman, Sachs & Co
Prudential Bache Securities Inc
PaineWebber Inc
Smith Barney, Harris
Upham & Co
Morgan Stanley & Co
Bear, Stearns & Co
Leatherwood Lane
Highlands Real Estate Management
Ceton
Mullen
Tomchin’s
Mullens
Princeton
Wheat First Fleet
Carolina Inv 38
Securities Inc
Inter-Dealer
H B Fuller
Financial Corp
Ladd Furniture
MCI Communications
Nash-Finch Co
Ask Nat'l Banc of Commerce
Apple Computer
Noland Corp
Bassett Furniture
One Valley Bancorp
Cadmus Communications
Pulaski Furniture
Dominion Bankshares
S&k Famous Brands
First Fed
S&l SC Summit Holding Corp
Figgie Inc
Westmoreland Coal
Fingermatrix Inc
Williams Inc
Comex
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