Banks in Keokuk explore acquisition under letter of intent
Norwest Bank Keokuk and Keokuk Savings Bank sign a letter of intent for Keokuk Savings to acquire Norwest Bank. The deal awaits a definitive agreement stockholder approval and regulators. Norwest assets 37 million. Keokuk Savings 48 million. Bozell Jacobs Kenyon Eckhardt to handle Rockwell advertising with 15 million account. Recall alert for Cupid Doll PDT3538 PDT6310 due to choking risk. refunds offered. contact Wang's International or CPSC.
MENTIONED IN THIS ARTICLE
Norwest Bank Keokuk
Keokuk Savings Bank and Trust Co
Keokuk Savings
Norwest Bank
Rockwell International Corp
Bozell, Jacobs, Kenyon & Eckhardt
Bjk&e
Los Angeles
Rockwell
Detroit
Chicago
Dallas
Lintas Campbell-Ewald
Warren, Mich
Consumer Product Safety Commission
Wang’s International
The
Safety Commission
Xerox Sears Distribution Deal Flagged in Rochester
Sears Roebuck and Co and Xerox Corp announce a first time agreement to distribute Xerox brand business products through Sears outlets. The Rochester, New York announcement targets the home and small business at home market with a new line of products.
MENTIONED IN THIS ARTICLE
Xerox
Sears
Rochester
N.Y
Sears Roebuck and Co
Xerox Corp
Texaco Sells 78 Percent Texaco Canada Stake
Texaco Inc announces it will sell its 78 percent stake in Texaco Canada Inc valued around 2.7 billion at current stock prices. Analysts estimate possible sale proceeds between 3 and 4 billion. Two Canadian oil firms immediately express interest in acquiring the stake.
MENTIONED IN THIS ARTICLE
Texaco Inc
Texaco Canada Inc
Texaco
Securities industry cuts 15 900 jobs after market crash
The Securities Industry Association and Arthur Andersen report a workforce drop from about 262 200 on Sept 30 1987 to 246 300 by March 31 this year. The study covers October to end of the first quarter.
MENTIONED IN THIS ARTICLE
Securities Industry Association
Arthur Andersen
California firm to acquire TLS Co of Cedar Rapids
CCH Computax Inc of Torrance California signs letter of intent to buy TLS Co of Cedar Rapids. A definitive agreement expected by Sept 30 with closing by Jan 1 TLS to operate as a Computax subsidiary. TLS employs 400 with 140 in Cedar Rapids. 25 branches in 18 states.
MENTIONED IN THIS ARTICLE
TLS Co
Cedar Rapids
CCH Computax Inc
Torrance
Calif
TLS
Computax
CCH Computax
Pioneer Hi-Bred International Inc
Des Moines
CCH
Commerce Clearing House Inc
Midwest
Tom Rolfe
John James
Business Information Systems
Pioneer
Elbert and Associates
von L. Elbert
Sta-Fed Computer
Norand Corp
Meridian Insurance Group of
Indiana
Sheller-Globe on sale again amid Knoll debt concerns
Sheller-Globe Corp of Toledo Ohio with Iowa plants in Iowa City and Keokuk seeks buyers for a second time in about two years. No negotiations are underway though interested parties have reviewed financials. The deal follows Knoll Industries debt reductions and a planned sale of the General Felt unit.
MENTIONED IN THIS ARTICLE
Sheller-Globe
Sheller-Globe Corp
Toledo
Ohio
Iowa
Iowa City
Keokuk
the Gazette
Ed Mahon
Sheller Globe
United States
Canada
Spain
France
England
Mexico
General Felt Industries
Saddle Brook
N.J
General Felt
Knoll Industries
Knoll
National Financial
Wall Street Journal
Market Edges Higher In Volatile Trading Session
The stock market finished fractionally higher on Tuesday as investors weighed fresh economic data. The Dow rose 0.71 to 2131.22, with 726 issues up and 516 unchanged on the NYSE. Eastern Iowa stocks showed mixed moves led by Quaker Oats and General Mills, while Texaco and IBM traded gainers and losers in a session marked by active trading.
MENTIONED IN THIS ARTICLE
Dow
New York
Iowa
NYSE
Quaker Oats
General Mills
Banks
Texaco
Bondy on Money column to appear on page 8B
Susan Bondy’s midweek money column will be found today on page 8B, offering financial insights and market cues for readers seeking investment ideas and budgeting tips.
MENTIONED IN THIS ARTICLE
Susan Bondy
Also Mentioned on This Page
Keokuk Banks
Rockwell Ad Agency
Daii Bosworth
U.S
IRA & Keogh
FDIC
FSLIC
Dan ‘Bosworth
Incorporated
J.E. Tower
New York Stock Exchange
California
C.R
Associated Press and Gazette
Bondy
Wed
Gateway Place
6Th Street
Sunbeam
Diversified Auction Associates
Bob Rompot
Associated Federal
Associated Federal Savings & Loan Association
Collins Road
N.E
SCI
Lowa City
SIPC
Lowa
Perpetual Savings
Second Avenue SE
Prive
Perpetual Financial Group
Lindale
First Avenue
Westdale
Williams Boulevard
Clinton Street
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