Centel Names E Clarke Garnett General Manager in Iowa
Centel Cellular appoints E Clarke Garnett as general manager to oversee Eastern Iowa operations in Cedar Rapids Iowa City and Cedar Falls Waterloo succeeding Roger Miler who moves to Las Vegas. Garnett previously led Centel Cellular in Tallahassee.
MENTIONED IN THIS ARTICLE
Centel Cellular Company
E. Clarke Garnett
Iowa
Cedar Rapids
Iowa City
Cedar Falls
Waterloo
Garnett
Roger Miler
Centel
Las Vegas
Centel Cellular
Tallahasee
Kinder-Care sees lower earnings in Q4 1988
Kinder-Care Learning Centers Inc says its fourth quarter earnings will fall short of 1987 due to higher short-term interest rates on variable rate debt and a $200000 charge for early retirement related to subordinated debt. Expected Q4 earnings 4 to 6 cents per share. full year 41 to 43 cents per share.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Kinder-Care Learning Centers Inc
Times Sells Its Cable System
The New York Times Co. agreed to sell its cable television system for 420 million to a minority-managed venture. The deal, priced near 2600 per subscriber, could gain tax advantages and becomes the nation s largest cable system sale with J Bruce Llewellyn to head the minority group with at least 20 percent stake.
MENTIONED IN THIS ARTICLE
New York
The
New York Times Co
the Times
J. Bruce Llewellyn
Philadelphia
Treasury bills hit fresh highs as rates surge
In Monday's auction the Treasury sold 7.2 billion in three month bills at 8.36 percent and 7.2 billion in six month bills at 8.48 percent, the highest since early 1985. Discount rates imply yields around 8.66 and 8.98 percent respectively. The Fed noted one year bill yields rose to 9.17 percent last week from 9.07 percent.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Federal Reserve
Iowa
Longview Fibre
Procter & Gamble
Raytheon
Rockwell
Holly Farms
Wilshire Associates
NYSE
Standard & Poor
S&p
American Stock Exchange
Wisconsin lawmaker seeks cheese boosts in Burger King deals
State Rep Mary Hubler of Rice Lake asks Burger King to promote cheeseburgers and Whoppers equally after noting Whoppers and hamburgers were offered at reduced prices while a cheeseburger matched the regular price. Burger King says it rotates specials without cheese discrimination. Tim D Thorpe notes many Whoppers and cheeseburgers have been featured.
MENTIONED IN THIS ARTICLE
Madison
Wis
Wisconsin
Mary Hubler
D-Rice Lake
Burger King
Tim D. Thorpe
Minneapolis
Fire Hits Pininfarina Plant Destroys Luxury Cars
A blaze swept through Sergio Pininfarina's finishing plant in Turin destroying or damaging about 200 luxury sports cars valued in the millions. Three high performance Ferraris were among the losses. Firefighters fought for four hours. no injuries were reported as the 200 worker plant closed for a long holiday weekend.
MENTIONED IN THIS ARTICLE
Turin
Italy
Sergio Pininfarina
OPEC to Meet in London on January Twenty Sixth
OPEC secretary general Subroto announced a January 26 meeting in London for members and non members to discuss cooperation to stabilize the global oil market. He said there was no confirmation that the UAE was exceeding its November quota. The gathering will include 13 members but not necessarily their oil ministers.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Organization of Petroleum Exporting Countries
London
OPEC
Indonesia
Subroto
United Arab Emirates
GM mulls expansion of minivan and SUV production
GM officials weigh expanding minivan and sport-utility vehicle output to meet record demand for light trucks. Robert Stempel said the company may boost truck-building capacity, citing the rear-wheel-drive Chevrolet Astro and GMC Safari minivans built in Baltimore and his need for more M vans and utility vehicles.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Robert Stempel
Baltimore
Stempe
Stocks Rally to New Highs In New York and Tokyo
The Dow Jones average rose 5.17 to 2199.46, a fresh high since the 1987 crash, with 880 gainers and 469 unchanged on 163.18 million shares. In Tokyo the Nikkei jumped 468.85 to 30678.39 as Hirohito’s death influenced trading.
MENTIONED IN THIS ARTICLE
New York
Hirohito
Tokyo Stock Exchange
U.S
Dow
DuPont
International Paper
At&t
Eastern gets IRS waiver as union talks break down
Eastern Air Lines won temporary relief when the IRS granted a waiver postponing a $105 million pension payment. Separately, negotiations with the International Association of Machinists and Aerospace Workers collapsed, paving the way for possible impasse and a 30 day cooling off period.
MENTIONED IN THIS ARTICLE
New York
Eastern Air Lines Inc
Internal Revenue Service
Philip Bakes
Eastern
IRS
International Association of Machinists and Aerospace Workers
National Mediation Board
Retailers push to drop manufacturers rebates nationwide
Discount chains resist rebates as Target removes coupon boards in 341 stores across 27 states starting Jan. 1. Kmart presses manufacturers to discontinue mail-in offers amid customer surveys showing most deem rebates not worth the effort.
MENTIONED IN THIS ARTICLE
Target
Kmart
Randy Simms
Cedar Rapids
Jeff Paxton
Paxton
Badvertising Awards highlight 1988 political ads and brands
Adweek crowns the 1988 Badvertising Awards citing the Dukakis campaign for weak handlers ads and pro Bush spots as disowned. Other recipients include Scotch Tape dunking a woman, Eveready Batteries with a Holy Terror gag, Jordache teens, Mercedes S Class glamorizing speed, and AT&T Long Distance promoting backstabbing in business.
MENTIONED IN THIS ARTICLE
New York
Eveready Batteries
Jordache Basics Jeans
Adweek Magazine
Michael Dukakis
Bush
Adweek
Eveready
Jordache
At&t
Ford recalls Sables and heavy duty trucks for missing parts
Ford Motor Co. recalled about 300 1988 F-250 HD trucks for fuel reservoir shields omitted during assembly and 25,000 Mercury Sable cars for incorrect side marker lamp bulbs. No accidents reported. Owners will be notified by mail to have issues corrected free of charge.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
Ford Motor Co
Ford
Also Mentioned on This Page
Times
Tokyo Exchange
N.Y
Japan
Gazette
New York Times
Texas Air Corp
Texas Air and Eastern
Midwest
Kansas City
Walter Wallace
Mediation Board
Harry Bickford
Sheraton Hotel
Key Largo
Fla
Joseph Leonard
Wallace
Mike Heffern
Orange County
Calif
Omaha
Neb
Simms
Simm
Jeans
Nev
Pethage Raha
Saigon
Sun
First Ave. NE
Cedar River Tower
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