AT&T Seeks Return Of At Least Eight Percent
Washington AP reports AT&T and the Bell System defend a required rate of return on investments, arguing an 8 to 10 percent target is needed to attract investors and sustain low-cost phone service, innovation, and growth. The brief cites about $28.3 billion in investor funds and cites testimony from Bell witnesses at FCC hearings.
MENTIONED IN THIS ARTICLE
Washington (Ap
Ameri
Federal Communications Comman Telephone & Telegraph Co
Bell System
At&t
Lator
Ross M. Robertson
West Virginia Public Utilities Commission
Robertson
Commission
Lionel W. Thatcher
M. J. Gordon
Thatcher
California PUC says customers were overbilled in brief
The California Public Utilities Commission filed a brief in Washington DC stating customers were overbilled. The action was filed Monday with the Federal Communications Commission related to billing practices and regulatory oversight.
MENTIONED IN THIS ARTICLE
California
PUC
San Francisco
California’ Public Utilities’ Commission
Washington, D. C
Federal Communications Commis
AT&T Faces $549 Million Overcharge and Rate Dispute
An account alleges American Telephone & Telegraph overcharged customers by 549 million dollars for interstate calls last year. The utilities commission urged reducing AT&T revenues by that amount, stating Betl System would still earn 7 percent on its rate base. AT&T seeks a 8 percent return.
MENTIONED IN THIS ARTICLE
Sion
American Telephone & Telegraph Co
The
Utilities Commission
At&t
Personal Income Barely Up Amid Sluggish February Data
Washington AP The Commerce Department reports February personal income up only slightly to 609.9 billion at an annual rate, the smallest gain since last April, while durable goods new orders fell 0.8 percent to 22.2 billion, the lowest in 17 months. Private payrolls declined for the first time in nearly two years, with manufacturing layoffs and a shorter work week offsetting modest wage gains.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Lanvin-Charles Boosts Profits for 1966 Net income tops five million
Lanvin-Charles of The Ritz, maker of My Sin perfumes, reported 1966 net income of 5,802,003 dollars or 1.77 a share for the year ending December. Sales reached 63,422,929 dollars, up from 59,787,111 dollars in 1965. Other listed firms showed varied results including King-Seeley Thermos, J P Burroughs, Canadian Superior, Kawecki Chemical, and Keller Industries with mixed six month or full year earnings per share.
MENTIONED IN THIS ARTICLE
New York
Lanvin- Charles
The
Ritz
King-Seeley Thermos Co
J. P. Burroughs & Son, Inc
Canadian Superior Is Ltd
Kawecki Chemical Co
Keller Industries Inc
American Exchange Bloom Comes Off Color TV Market
Bloom ends on color television stocks as investor mood shifts while investing companies report gains under the InVey BOI FAS 14 37 framework.
MENTIONED IN THIS ARTICLE
Bloom
Color TV demand seen rising to record 1967 sales
New York AP reports color television sets may hit a 1967 peak with forecast sales of about six million to a figure around seven million, up from 1.7 million in 1966, even as manufacturers slow production and implement layoffs. RCA, dominant with 30 to 35 percent of the market, announces temporary layoffs totaling about 2,900 workers across four plants, affecting Bloomington Indiana Indianapolis Marion and Memphis.
MENTIONED IN THIS ARTICLE
NEW York
Radio Corp. of America
Atralei G
Eronca Inc
Nere Techens
Alsta
TeleyMis
ArkiGos
Bates
Atha
jSaiflerd Tng SA
Bolden
Uloh
Wee Vatley Mt
Wis
Aispar
Barnes Eng
Victoreen
Barnwell Ind
Viewlex
Borry
Valrank
Boruch Fest
Bledsboro
Bliss Hyd
Wichita R Oil
Wadha Balong Ind
WimMicyiil
Bowmar
Cleayy Wood New
Bradford
Breril LipPw
Tosh
Wright Horg
Zale Corp
Bruce
Zopala Ohsh
Cobra
NaiPow
RCA
CCI Corp
Charter Oil Century Geo
Tae Aiseclound Press
Christian Oil
Jang
Cinerama
Clark Cable
Sceerser
Clary Corp Ie
Va _ Sylvania Electric
B. Ma Corp
Condec Corp
Coil Corp
Lewtown Alanae
Crystal
Cable Corp
Keystone Funds
Cutler Aw
Beitch Co Vrte
Aes Aberdeen
Bata
Critona Co
Amiil Fa
DesiluPéoft
Devon P Oil Wa
Ward di AmDiy Jn
Petrov
Motorola
Roger Drugbai
Duvalop
Kinick Gih
Smith
Lenard
Oat
Axeloughton
el Comm
Electron AB
kLeamis Sayles
Ex- Erie Farge EquityCp
Erie
Esq Rod. AB
Essex
Ma Brood St
FamBor
Bultock
Fargo Diss
Stessers
Ufe
de- Felmont Oi
Copit Inc
ElnonGn
Wissin Copit
Morton Funds
Mand
Na Channing
Ford Con
Mul Trust
Ars
Wat Invest
General Elec- Giant Vel
Va Chase
Divid
Sad Tric Corp
Gorham
Grange Associa
West
Gull Am Cp KS
Ngs Lab
Jew Eng
Marntschigr
Harel Bis
Hoernervé
Homgila
Horn Hordart Wa
Na Concord
Lenin Fd
Husky Oil
Pine St
Yton Paig
Danbury
Gred
Sma da
Country Engineering Inc
linpChm
Sve Corp le Crown We
The
Companiser Lad
Wra If Wa
Oly Gr
Invest Incom
Dane
Kolimen
Sth
Oly Inv
Bury
Engaz- Kane A
Millier
Vely Olvid Shr
Tech
Asch
Kudder
Idex Corporation
Con- Kinasfard
Eain
Kirby Pet
Latoy Radio Mu
Lake Shore
Richard C. Tucker
Lomb Indust
Selec Am
Saver
Stdmn Sc
LTV Elec
Sidmn
United Lynch
Fletcher
MaryCaret
McCulDil Axe
Idex
MeadJohn
Apabe
Ms Va Foursa
Menoxca Mf
Franklin Custoin
Téxas Fd
United Funds
Acom
Incomne
Newtown
Thomas F. Molydd
Scien
Helms
New Fair- Molydden Ga Bite
Va Gen Invest
Movielle
Veluwe
Field
William R. Murray
Seée Mpo Videoa Brewe
Aero St
Vol
Retary, Brookfield
G. Mort Malerco
Ince
Tucker
Nat Vides
Viking
Newldria
SOO
WolSt
Helms, Browne
Roland New Mex&Ar
Ann
Bryan
Riverside
Richard NewPark
Sit Nese
Wwell
S. Biddle
Darien
Norf Sy
West Ind
Cdn
Weine Fad
Whiten
East Alglia Abe
Nt Ore% Inc Bost
Sowadse Fd
England
Ogee
Thad Nuclear Am
Solwiscon
Ling Tires
Ae Ohio Brass
Inv ColAm
Peru
Philips Elect
Blossman Hydro
Prasion
Vale Wade
Whiting Corp
Pyle Not
Rediaton At & Aa
Reda Pump Oe
Rapid Amer
Shermen Cp A
Reding
FOM Corp Iy
Abbay Rents + REGilLan
Reeves Bra
Robinsine
Ava Atk
Keller Industries
Ross Pred
Masco Céto
Seeman Bras Au
Frasers
Post @ Co
Hed Servs Corp i
SetonLegt
Atrosel Tech
Sigane Shatick Dean
Libeaty Corp M
Carpenter Steel
Bullard Company Dita
Cran Ty
Harvey Hubber
Harvey Mynbell
Carp
McKesson & Rosbins
Raybestos Inc
Samonsen
Alreis Sarl
Am Wa
Warner Bros
Pacific Telephone Goes Not Earn Dividend Reported
Pacific Telephone Co. reported it did not earn its common quarterly dividend of 30 cents for the three months ended Feb. 28. Marathon Oil Co. reported record earnings for 1986, with per share earnings of 2.9 cents on 122,072,738 average shares. J. C. Donnell noted Alaska’s Cook Inlet oil reserves and development, with planned capital expenditures of $135 million, including offshore drilling rigs and a Burghausen petrochemical refinery project.
MENTIONED IN THIS ARTICLE
San Francisco
Pacific Telephone Co
Monnday
Ohio
Marasharé
Oil Co
J. C. Donnell Oi
Alaska
Cook Inlet
Burghausen
West Germany
Piper Develops 18‑seat Commuter Airliner PA‑35
Piper Aircraft announces the Model PA‑35 commuter airplane designed to carry up to 18 passengers or 3,5000 pounds of cargo. The prototype is under construction at Aero Beach Florida with specifications including a 51 foot wingspan, 39 foot length, 8,700 pound gross weight and 4,100 pound useful load. Cruise speed exceeds 200 MPH and the plane targets both U S and global markets.
MENTIONED IN THIS ARTICLE
Marathon
Hy PR
Lock Haven
Pipers
Aircraft Corporation
Howard Piper
Aero Beach
Fla
United States
Fafnir Earnings Rise With 1966 Sales Gain
NEW BRITAIN AP The Fafnir Bearing Co reported 1966 sales of 113.865 million and earnings of 5.05 per common share. For 1965 sales reached 95.669 million with earnings of 4.15 a share.
MENTIONED IN THIS ARTICLE
NEW Britain
Fafnir Bearing Co
Packer Boosts Prices on O J Concentrate
New York AP reports Pasco Packing, a Florida based packer, raised wholesale prices on frozen orange juice concentrate on Monday. The 6-ounce can price increased to 1.75 per dozen from 1.60, and the 12-ounce can rose to 2.57 per dozen from 2.37. The price hike comes as orange juice costs had been slipping due to a Florida orange crop.
MENTIONED IN THIS ARTICLE
New York
Pasco Packing Company
Florida
Pasco
Also Mentioned on This Page
Switc
Cory
Cory Goffef
ING
Conn
KAME
Addalls
Tin
New York Stock Exchange
American Stock Exchange
Merrill Lynch
Pierce
Wewaet
Fenner & Smithing
Donald W. Evers
V.P
SO W
Park Place
Stamford
Toll Fren
Thomas Behnfield
Mar
Church Street
New Haven
Lanvin
Charles
American Exchange
Bloomington
Ind
Indianapolis
Marion
Memphis
Tenn
Wayne Ee
Vincent Weston
Underwood & Underwood Portraits, Inc
Fifth Ave
Main
Bridgeport
Danbury Firm
lChanges
Ee Urase
WIN Auto Lease
Barnum Ave
Stratford
Pacific Telephone Go
Pacific Telephone
Piper
Miss. Carole
Fairfield Ave
United Loan Corp
Leavitt
Fairfield
Fafnir
George F. Bischoff
Cochrane Car Leasing Co
State St
Packer
O. J. Concentrate
Is Prise
Exchange
U.S
the Exchange
Atoces
P.O
N.Y
Ntate
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