Air Midwest to Acquire Air Illinois in Stock Merger
Air Midwest Inc announced an agreement in principle to acquire Air Illinois exchanging common stock for all Air Illinois shares. The deal requires Air Midwest board and Air Illinois stockholder approval with a Feb. 10 board meeting anticipated to clear the path.
MENTIONED IN THIS ARTICLE
Air Illinois
Air Midwest Inc
Air Midwest
Wichita
Kan
Kansas
Federal Aviation Administration
the Gazette
Gary M. Adamson
Hawkeye earnings dip on loan losses in Cedar Rapids era
Fourth quarter and full year 1983 results show Hawkeye earnings retreat from 1982 levels due to higher loan losses. The Cedar Rapids area hosts United State Bank and a major P&G plant. The report notes brand investments and strong brand competition as factors.
MENTIONED IN THIS ARTICLE
Hawkeye
Iowa
United State Bank of
Cedar Rapids
Op.Rev
P&g
Phone fraud suit targets Los Angeles firm in Iowa charges
Iowa Attorney General Tom Miller filed a Des Moines district court suit against Trans World Industries of Los Angeles alleging the firm tricked residents into sharing credit card numbers by claiming prize winnings. The complaint says the firm falsely claimed access to credit data and made unauthorized $395 charges.
MENTIONED IN THIS ARTICLE
DES Moines
Tom Miller
California
Miller
Trans World Industries of
Los Angeles
Trans World
AT&T posts record loss in fourth quarter 1984
AT&T reports a 4.87 billion dollar loss for Q4 1984, the largest quarterly loss in U.S. history, due to a 5.5 billion writedown from divestiture and reorganization. Operating profit dropped 58 percent. revenue rose to 17.6 billion.
MENTIONED IN THIS ARTICLE
New York
American Telephone & Telegraph Co
Bell System
U.S
Bethlehem Steel Corp
At&t
Charles Brown
Litton Industries Inc
Dow hits seventh straight loss as market drifts lower
The Dow Jones Industrial Average fell for the seventh day in a row to 1,229.69 on Thursday, a 2.20 drop as volume reached 111.10 million on the NYSE. Tech names led declines, Procter & Gamble and Castle & Cooke moves weighed, while the Nasdaq and S&P indices also declined.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Reagan
White House
Hewlett-Packard
Computervision
Honeywell
Motorola
Chrysler reports minivans sellout and 100000 back orders
Chrysler Corp says its new minivans are a virtual sellout with back orders at 100,000, representing six months of Windsor Ontario production. The Dodge Caravan Plymouth Voyager and Dodge Mini Ram Van models lead the line as GM and Ford enter the market. Keegan questions need for another plant. The popularity has not reduced conventional van sales.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Chrysler
Windsor
Ontario
General Motors Corp
Ford Motor Co
Patrick Keegan
Ford
Chevy
Keegan
Castle Drops Dr Pepper Bid in $24 a Share Offer
Castle & Cooke Inc withdrew its DPCC bid for Dr Pepper amid insufficient data to verify the $24 per share offer. Dr Pepper had signed a $22 per share, $513 million deal with Forstmann Little & Co, while Castle’s higher offer was not backed by clear financing.
MENTIONED IN THIS ARTICLE
San Francisco
Castle & Cooke Inc
Dr Pepper Co
Forstmann Little & Co
Dpcc Acquisition Corp
Castle & Cooke
Dr Pepper
Forstmann Kod
New York
DPCC
New York Stock Exchange
Canada Dry Beverage Company
Executives Optimism Surges in Dun & Bradstreet Survey
U S business leaders report higher earnings and sales outlook for early 1984 in a Dun & Bradstreet poll of 1300 executives conducted in late November. The optimism index climbs to 75 and profits outlook to 67, with payroll plans split and 55 percent foretelling price increases.
MENTIONED IN THIS ARTICLE
New York
U.S
Dun & Bradstreet Corp
Dun & Bradstreet
House sales rise as prices dip in December
The National Association of Realtors reported an 8.5 percent jump in December single family home sales. The Federal Home Loan Bank Board noted average adjustable rate at 12 percent and fixed rate at 13 percent, both easing from November. Median existing home price fell to 70,300, down 100 from November.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Federal Home Loan Bank Board
Amana Society names Chicagoan as new general manager
David Louzek 39 of Chicago named new general manager for Amana Society owned businesses. He comes from Certified Grocers of Illinois where he ran milk dairy and ice cream departments. Louzek will oversee 20 Amana operations and begins Monday with no salary disclosed.
MENTIONED IN THIS ARTICLE
Dave Rasdal
S3arete
Eastern
Iowa
David Louzek
Chicago
Amana Society
Louzek
Certified Grocers
Illinois
Martin Roeniig
Louis Marz
Elmer Kraus
Leroy Graesser
Reynold Moessner
Shoup
Graesser
Amana
East Amana
Middle Amana
High Amana
West Amana
South Amana
Homestead
Arthur Barlow
Cedar Rapids
Roeniig
George Kraus
Stauffer Named EVP and COO for Iowa Blue Cross
William A. Stauffer becomes executive vice president and chief operating officer of Blue Cross Blue Shield of Iowa. He previously led Northwestern Bell in Iowa from 1973 to 1983 and will take the post by Feb 13, reporting to D Eugene Sibery.
MENTIONED IN THIS ARTICLE
Des Moines
William A. Stauffer
Blue Cross
Blue Shield of
Iowa
Stauffer
Northwestern Bell
D. Eugene Sibery
Iowa Blue Cross
Blue Shield
Robert W. Beckwith
Jobless benefit claims rise in mid January
New applications for unemployment compensation increased by 47 000 to 405 000 in mid January as state offices faced a short New Year week. Prior week claims dropped to 358 000, the lowest since mid 1979, while about 2 666 million Americans collected regular benefits and the insured rate fell to 3.1 percent. Alaska led with 8 percent, followed by Idaho and West Virginia at 7 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Employment and Training Administration
Alaska
Idaho
West Virginia
Oregon
Alabama
Kentucky
Pennsylvania
Washington State
Montana
Wisconsin
Japan Pipe Makers to Export 1 Million Tons to Soviet Union
Four leading Japanese steel pipe makers Nippon Steel Nippon Kokan Sumitomo Metal Industries and Kawasaki Steel will export about 1 million tons of gas pipeline material to the Soviet Union in fiscal 1984 starting April 1. The pipes will be used for the Siberia Europe natural gas line.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Soviet Union
Siberia-Europe
Nippon Steel
Nippon Kokan
Sumitomo Metal Industries
Kawasaki Steel
Posner takeover bid gains royal crown board support
Royal Crown Co. directors recommend accepting Victor Posner’s takeover offer unless a more favorable bid arrives. The board informed Posner of the decision by letter. Posner’s firms already own 26.8 percent of Royal Crown stock.
MENTIONED IN THIS ARTICLE
Atlanta
Royal Crown Co
Miami
Victor Posner
Posner
Royal Crown
Also Mentioned on This Page
Air Midwest Colors
Air Transport World Magazine
FAA
Waterloo
Carbondale
Alice Mitchell
Kansas City
Denver
Albuquerque
Moline
Hawkeye Bancorporation
Procter & Gamble
Emil
Burlington Northern
L.A
Dow
Standard Oil
Indiana
Superior Oil
Halliburton
Ohio
Exchange
Standard & Poor
S&p
American Stock Exchange
Castle
Chicagoan
W.A. Stauffer
Libery
University of Missouri School of Journalism
Marion
Iowa City
Anamosa
dobeRe and Trust Company
Cedar Rapids and Newhalle
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