West region retirees and leadership changes at Iowa papers
Hat US West reports 3 850 managers opt to retire under a plan announced last Nov 30 with payroll exit set for Feb 28. Mary Parks Stier promoted to vice president in Gannet central region after rising from advertising director to president and publisher. Interest rates mix on short term Treasuries with three and six month bills selling at higher or lower discounts. Par Technology denies stock decline cause. Par forecasts 1989 earnings within analysts range and above prior year.
MENTIONED IN THIS ARTICLE
US West
Iowa
Mary Parks Stier
Iowa City Press-Citizen
Gannett Co
Stier
The
Press- Citizen
U.S. Treasury
Par Technology Corp
Par
Tax Break '90 TV program to air on public stations
The IRS and WQED Pittsburgh co produce Tax Break '90 a two hour viewer call in program airing Feb 11 from 2 to 4 p.m. CST on most public stations Host Morton Dean leads the broadcast Check local listings for changes GM raises its Class E stock dividend 17 percent and splits 2 for 1 due to growth in non GM computer business via EDS GM keeps dividends on common and Class H stock tied to GM Hughes Electronics A survey finds two thirds of check casher users have savings or loan accounts among 505 surveyed in five cities
MENTIONED IN THIS ARTICLE
Federal Internal Revenue Service
WQED
Pittsburgh
Morton Dean
General Motors Corp
Electronic Data Systems Corp
GM Hughes Electronics Corp
Consumer Bankers Association
Washington
New York
Miami
Chicago
Los Angeles
GM to Offer Quick Oil Changes at 7400 Mr. Goodwrench Dealers
General Motors will roll out nationwide quick oil changes at its 7400 Mr. Goodwrench service centers following Ford's lead. The service includes new filters, fresh oil, lubrication, and inspections for about $20 with no appointment needed.
MENTIONED IN THIS ARTICLE
General Motors Corp
Ford
Stocks rise for third time in four sessions
The Dow gained 19.82 to 2622.52 as 838 up, 646 down, 490 unchanged on the NYSE. Eastern Iowa stocks led by AEGON up 1 to 59, Penwest up 1 to 30 with Penwest holding its annual meeting today. Pan Am and UAL among airlines edged higher while Roche bid for Genentech lingered as talks continued.
MENTIONED IN THIS ARTICLE
Iowa
AEGON
Penwest
Telecom*usa
Amax
Philip Morris
Exxon
Bank of New England
IBM
Iowa Interstate Sold to Chicago West Pullman
Iowa Interstate Railroad to become a wholly owned subsidiary of Chicago West Pullman Transportation Corp. CWPT will provide financial and operational support to improve service while keeping present employees. Sale requires Interstate Commerce Commission approval and terms were not disclosed.
MENTIONED IN THIS ARTICLE
Chicago
Iowa Interstate Railroad
Iowa City
Chicago West Pullman Transportation Corp
CWPT
Robert E. Smith
Iowa Interstate
Paul H. Banner
Interstate Commerce Commission
Rock Island Railroad
Chi
Cago
Omaha
Iowa
Illinois
Chicago West Pullman
Wisconsin
Ohio
Georgia
Chicago Rail Link
Blue Island
Chicago West Pullman Corp
American Steel and Wire Corp
Productivity growth slows for U.S. workers in 1989
The Labor Department reports non-farm productivity up 0.9 percent in 1989, the weakest since 1981-82. Hourly labor costs jumped 5.5 percent, the largest rise since 1982, while output rose 3.3 percent and hours worked increased 2.4 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
RCA Pleads Guilty to Illicit Pentagon Documents
RCA division of General Electric pleaded guilty to two felony counts of conveying without authority secret Pentagon planning documents. The company agreed to pay a $2.5 million fine and $2.48 million in civil claims. Sentences possible up to 10 years.
MENTIONED IN THIS ARTICLE
Alexandria
General Electric Co
RCA
Pentagon
RCA Corp
U.S
Boeing Co
Defense Department
Boeing
Richard Lee Fowler
Army
Air Force
Navy
James C. Cacheris
Sears posts sharp rise in fourth quarter earnings
Sears, Roebuck and Co. reports Q4 net income of 602.1 million dollars or 1.76 per share as sales climb 4.2 percent to 15.2 billion. Allstate catastrophes from Hugo and the Bay Quake push 1989 to costlier levels. Full year net income hits 1.51 billion on 53.8 billion revenue. Kelly Services buys Dutch and New Zealand firms, eight overseas acquisitions since 1988.
MENTIONED IN THIS ARTICLE
Chicago
Sears, Roebuck and Co
Allstate Insurance
Sears’ Merchandise Group
Sears
Allstate Insurance Co
Kmart
Wal- Mart
Allstate
California
Troy, Mich
Kelly Services Inc
U.S
Netherlands
New Zealand
Big Three auto sales dip in late January mix with trucks rising
Detroit AP reports North American car and light truck sales by GM Ford and Chrysler fell 4.6 percent year over year for January 21 to 31. Cars dropped while trucks rose with Chrysler showing the largest truck gain and Ford and GM posting mixed results.
MENTIONED IN THIS ARTICLE
Detroit
North America
Chrysler Corp
General Motors Corp
Ford Motor Co
Chrysler
Ford
Clausen to retire from BankAmerica at May meeting
A. W. Clausen chairman and CEO of BankAmerica Corp will retire at the end of the annual meeting May 24 He will be succeeded by Richard M Rosenberg currently vice chairman and head of Bank of America's California Banking Group
MENTIONED IN THIS ARTICLE
San Francisco
A.W. Clausen
BankAmerica Corp
The
World Bank
Richard M. Rosenberg
Bank of America
California Bankinng Group
Treasury sets $100 minimum for payroll savings bonds
The Treasury will discontinue $50 and $75 Series EE bonds in payroll plans starting Oct 1, making $100 the minimum payroll bond. Existing allotments will convert to $100 bonds automatically, while over the counter sales remain unchanged.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Richard L Gregg
Public Debt
The
Treasury
Also Mentioned on This Page
Quick Lybe
Wallace
Office
Associated Press and Gazette
Eastern
Genentech
Roche Holding
Pan Am
Pan American World Airways
Northwest Airlines
UAL
AMR
Interstate
Evela Ces Pty
U.S. Dept. of Labor
Kelly Services
Clausen
Tom King
Tom
Millhiser Smith Agency
Oakland Rd