Perpetual Savings and Loan Opens Westdale Center
Perpetual Savings and Loan celebrates the grand opening of its Westdale Financial Center with a week of events starting Sunday including an open house for employees and a reception Monday night at 3730 Williams Blvd. Sw. Customers can enjoy a savings promotion gifts and contests with Amana Radarange prizes. The 12,000 square foot two story facility features drive up lanes and kiosks and opened Jan 18.
MENTIONED IN THIS ARTICLE
Perpetual Savings and Loan
New
Westdale Financial Center
Perpetual
Williams Blvd
Amana
Savings and
Hal Haines
Westdale
Ice
Grace and Maytag report strong 1981 results in brief
NEW YORK W R Grace Co reports 1981 earnings of 7.58 a share on 6.52 billion in sales. Excluding non operating items earnings would be 7.08 a share. Final quarter profit 81.72 million on 1.759 billion in sales. NEWTON Maytag Co posts 1981 sales of 408.6 million and earnings of 37.4 million. Dividend raised to 50 cents a share. SCI Financial Group in Cedar Rapids reports record year with assets rising and new subsidiary SCI Financial Services formed.
MENTIONED IN THIS ARTICLE
New York
UPI
W.R. Grace & Co
Chemical Specialty and Natural Resource Company
J. Peter Grace
Omnicare, Inc
Grace
Cedar Rapids
Cryovac Flexible Packaging
Polyfibron
Newton
Maytag Co
Daniel J. Krumm
Hardwick Store Co
Hardwick
Maytag
Krumm
Quick action urged to halt weakening of banks
Washington regulators urged Congress to act this year to curb a weakening trend in banks and thrift institutions caused by rapid shifts to money market funds. Treasury Secretary Regan defended funds but warned of dislocations while SEC head Shad called for deregulation and a broad industry realignment study.
MENTIONED IN THIS ARTICLE
Washington
UPI
Congress
Treasury
Donald Regan
Merrill Lynch
Senate
Wall Street
Regan
John S.R. Shad
Securities and Exchange Commission
Shad
Federal Reserve Board
Charles Partee
Fed
Subcommittee
Sen
Paul Sarbanes
D-Md
Sears
Sarbanes
Mixed January results for major retailers amid winter weather
Retailers face weak demand and harsh weather in January with Sears up 6.1 percent to 1.1947 billion while K mart rises 17.2 percent to 981 million and J C Penney slides 0.6 percent to 644 million. Woolworth and Montgomery Ward fall 1.2 and 10.1 percent respectively as analysts blame the cold season and weak post holiday sales. Local Cedar Rapids stores mirror national softness with weekend storms hurting mall traffic and store closings.
MENTIONED IN THIS ARTICLE
New York
UPI
Sears Roebuck & Co
K Mart Corp
J.C. Penney Co
F.W. Woolworth Co
Montgomery Ward and Co
Jeffrey Fenner
Merrill Lynch, Pierce, Fenner & Smith
Sears
Cedar Rapids
Kmart
J.C. Penney
Westdale Mall
Jack Hull
Petersen Harned von Maur
Westdale
Killian
Deane Smith
Killian’s
Harold Armstrong
Petersen’s
Hull
Penney’s
Smith
Armstrong
Blue chips lead late stock market rally
Stocks closed mixed amid high rate worries as blue chips rallied late. IBM and oil shares drove gains while Dow edged up 2 to 847.03. NYSE, AMEX, and NASDAQ saw declines and active block trades influenced sentiment. Kaiser Steel takeover bid valued at 55.2 dollars a share.
MENTIONED IN THIS ARTICLE
Blue Chips
New York
UPI
IBM
Dow Jones
National Association of Securities Dealers
Texaco
Eastman Kodak
Ford Faces Over $1 Billion 1981 Loss Aims to Use Leverage
Ford Motor Co. chief labor negotiator Peter Pestillo says the firm will report 1981 losses exceeding $1 billion to gain leverage in talks with the United Auto Workers. He notes salaried employees have already sacrificed, and a main bargaining session is set for Friday.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
UPI
Ford Motor Co
United Auto Workers
Peter Pestillo
Ford
UAW
Also Mentioned on This Page
Westdale Center
Perpetual’'s New Westdale Financial Center
Business News
W.R. Grace
SCI Financial Group
SCI Financial
Securities Corp. of
Iowa
Knapp
Securities Counselors of Iowa
SCI Financial Services
Jon D. Petersen
John N. Knapp
Jack B. Evans
Eric M. Hender
Kent W. Johnson
Barbara A. Knapp
Russell F. Knapp
Peter C. McCabe Jr
James H. Richard
Securities Counselors of
SCI Commodities
SCI Capital Corp
Japan
West Germany
Dow
Standard & Poor
NYSE
U.S
Kodak
Kaiser Steel
Stanley Hiller Jr
Kaiser
Hiller
Zenith Radio
Amex
Wang Laboratories
Petro-Lewis
Dome Petroleum
Pestillo
General Motors Corp
Wgnter Co
Judd
United Feature Syndicate
United Feature Syndicate. Inc
Hai
How and Righter Co
Demark
Scrabble
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