Hall Ryder Jartran tangled in high stakes business deal
In New York a trio of major firms Hall Frank B. Co Ryder System and Jartran Inc move through a web of stock moves Chapter 11 filings and antitrust questions. Ryder has bought Jartran stock Hall has acquired most of Jartran to curb litigation while Jartran seeks bankruptcy protection in a bid to shield Hall from creditor suits.
MENTIONED IN THIS ARTICLE
New York
Frank B. Hall & Co
Ryder System
Jartran Inc
Jartran
Ryder
Hall
Federal District Court
Chicago
The
Stanley Martinez
Martinez
James Ryder
Barnes
Stocks halt slide as markets show mixed day
UPI reports New York stocks end mixed after a two day decline tied to budget deficit and high rates. Dow edges up 0.76 to 861.78 amid late rally while NYSE index slips to 69.02 and S P 500 falls to 118.93. Trading slows as investors await Friday unemployment and money-supply data.
MENTIONED IN THIS ARTICLE
New York
UPI
Newton Zinder
E.F. Hutton
New York Stock Exchange
Standard & Poor
World Airways chief halves salary amid losses and push for labor talks
World Airways President Edward Daly will take a 50 percent reduction in his $52 000 annual pay as the carrier reports an 18 month loss of 46 million dollars beginning January 1980. Daly wants early negotiations with the Teamsters to secure a wage cut for 1 474 employees.
MENTIONED IN THIS ARTICLE
Oakland
Calif
World Airways
Edward Daly
Daly
World
Teamsters Union
Brenton Banks Declares 50 Percent Stock Split and Cash Dividend
Brenton Banks Inc. of Des Moines will issue a 50 percent stock dividend equal to a 3-for-2 split. Shareholders of record Jan 19 will receive the split on Jan 29. The bank, with Cedar Rapids operations, has over 1,000 shareholders and 1.6 million shares outstanding after the dividend. Directors also declare a quarterly cash dividend of 35 cents per share with same dates.
MENTIONED IN THIS ARTICLE
Brenton Banks Inc
Des Moines
Cedar Rapids
Brenton
Checklist for getting the best deal on credit purchases
The guide from Money Mechanics Iowa State University advises calling multiple lenders to compare loan rates before signing. Choose the shortest feasible loan term, watch for hidden borrowing costs in the cash price, and remember credit life insurance is usually optional. Read the contract carefully and avoid optional insurance if undesired.
MENTIONED IN THIS ARTICLE
Money Mechanics
Cooperative Extension Service
Iowa State University
U S Steel Announces Marathon Oil Takeover Control
U S Steel Corp bought 30 million Marathon Oil Co shares at 125 dollars each via USS Holdings Co and took control of Marathon. Justice Burger rejected Mobil Corp bid to block the deal as it moves toward completion. Mobil had sought options to acquire U S Steel stock and potentially pressure Marathon sale.
MENTIONED IN THIS ARTICLE
Mobil
Supreme Court
U.S. Steel
Marathon Oil
Marathon
USS
Wall Street Journal
IBM
Bankamerica
Frank B. Hall
Ryder System
Pittsburgh
UPI
U.S. Steel Corp
Marathon Oil Co
Ohio Company
Warren Burger
Mobil Corp
U.S
USS Holdings Co
Justice Department
Federal Trade Commission
Also Mentioned on This Page
Hall, Jartran
Thomas L. Friedman
New York Times Service
C.R. Connection
Iowa
Iowa Theater
Jartran and
Miami
Jim Ryder
Leslie O. Barnes
Allegheny Airlines
Coral Gables
Fla
U-Haul International Inc
Equity
Stanley H. Johnson
James A. Ryder
Wall Street
International Banknote
Supron Energy
Gulf Oil of Canada
Whitehall Corp
National Association of Securities Dealers
General Electric Motor
Owensboro
Saul P. Steinberg
Reliance Group Inc
Leasco Corp
Reliance
Leasco
Islamabad
Pakistan
Florida
Joseph Granville
Holly Hill
John Z. DeLorean
Bache Halsey
Stuart Shields, Inc
DeLorean
Bache
Brenton Banks
Marathon Control
Choice School Properties
Eisenhower School
46Th St
Metro East
17Th St. S.E
Fillmore School
11Th St. N.W
Elizabeth Hatch
2Nd Ave. S.W
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