Respect your pet as a recession proof industry
A Denver Post piece details the booming U S pet care market worth over 8 billion, with millions of households keeping dogs and cats and spending on food, grooming, insurance, and services. It notes pet cemeteries, new products like dog soft drinks, and extensive veterinary coverage options.
MENTIONED IN THIS ARTICLE
Jim Duffy
Denver Post
Denver
Fido
Marvin
Forrest
Snoopy
U.S
New York City
Lynn Davis
Washington, D.C
American Pet Products Manufacturers Association
Fifth Avenue
New York
Tina Carroll
Carroll
American Veterinary Medical Association
Chicago
Tim Donovan
Garfield
Veterinary Pet Insurance Co
Garden Grove
Calif
James F. Wilson
California
Wilson
Commerce City
Colo
Victor Hansen
Hansen
Market Dips as Fourth of July Weekend Persists
Stock prices fell in slow trading as investors left early for the July Fourth holiday amid concerns over higher interest rates. Major indices slipped with the Dow closing near 797 and the S P 500 down to 107.65, while GAAP and NASDAQ activity showed mixed results in volume and sector moves.
MENTIONED IN THIS ARTICLE
New York
UPI
Holly Sugar
DJIA
Standard & Poor
Henry Kaufman
Salomon Brothers
Federal
Small Savers Interest Rates Climb in New Ceiling
The Treasury announced a rise in maximum interest for 24 year Small Savers certificates to 14.55 percent at commercial banks and 14.80 percent at thrift institutions. The new ceilings run July 3 to July 19 replacing 14.45 and 14.70 percent rates. The levels are tied to the two week average Treasury yield, which stood at 14.80 percent for the prior five business days.
MENTIONED IN THIS ARTICLE
Washington
UPI
The
Treasury
Savings and Loan Associations
Mutual Savings Banks
Treasury Securities
Savers Scorecard Reflects Thrifts On July 1 1982
The Savers Scorecard lists banks and thrifts with 13.669 figures as of July 1 1982. The data highlights financial institutions and their balance metrics in a concise industry briefing.
MENTIONED IN THIS ARTICLE
Banks Thrifts
Money supply falls to Fed target as outlook splits
The Fed said M1 dropped to 449.9 billion for the week ended June 23 and was revised to 452.1 billion. Analysts differ on whether the decline signals upcoming rate cuts or reflects erratic policy, while bond prices rose modestly and short rates eased after the figures.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Thomas Thomson
Crocker National Bank
San Francisco
Robert Genetski
Harris Trust & Savings Bank
Chicago
Treasury
Fed
Thomson
Genetski
FBI probes false billing at Martin Marietta site
The Air Force and FBI seized records at Martin Marietta Aerospace in Vandenberg Base California in a probe of allegedly fraudulent government billing tied to classified Titan 3 space booster programs. Assistant U.S. Attorney Nancy Stock and FBI spokesman John Hoos said a Wednesday search warrant was executed and the company cooperates to expedite the inquiry.
MENTIONED IN THIS ARTICLE
Vandenberg Air Force Base
Calif
Air Force
FBI
U.S
Nancy Stock
John Hoos
Los Angeles
Martin Marietta Aerospace Co
Martin Marietta
Bill Leary
Insurance giants NLT and American General in merger talks
NLT Corp and American General Corp confirmed discussions on a possible combination amid a takeover battle that began April 16. Both companies asked NYSE to halt trading as rumors circulated of a friendly settlement. each side had previously sweetened bids and owns Iowa units Guardsman Life and Valiant Life respectively.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
UPI
NLT Corp
American General Corp. of
Houston
New York
NLT
Walter Robinson Jr
American General
Harold Hook
American General Corp
New York Stock Exchange
National Life and Accident Insurance Co
Grand Ole Opry
Iowa
Guardsman Life of
West Des Moines
Valiant Life of
Sheller Globe to Acquire Olsonite for Cash and Securities
Sheller Globe Corp and Olsonite Corp announce an in principle deal where Sheller Globe would buy all Olsonite shares for cash and Sheller Globe securities. Purchase price not disclosed. Olsonite, based in Detroit, makes foam and plastic parts for automotive and consumer markets. Negotiations in Iowa Beef Processors strike show no future meetings scheduled after an eight hour talks session with Local 222 UFCW.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Sheller-Globe Corp
Olsonite Corp
Sheller-Globe
Olsonite
Sheller- Globe
Detroit
Sioux City
UPI
Iowa
William Schmitz
United Food and Commercial Workers Union
Treasury auctions seven year notes at 14.14 percent coupon
The Treasury sold 4 billion dollars of seven year notes with an average coupon of 14.14 percent, up from 14 percent when issued March 31. The notes carried an average yield of 14.62 percent and an average price of 99.465.
MENTIONED IN THIS ARTICLE
Washington
UPI
The
Treasury
Multiple Plant Shutdowns and Union Pact Affecting Logistics
Eaton Corp hydraulics plant idles 55 workers and closes for two week vacation plus an extra week in August and one week in September due to weak sales. Teamsters and UPS announce a three year contract ratified by 33,072 members with 29,788 against. Northwestern States Portland Cement posts a second quarter loss of 638 209 and first half loss of 1 412 160 amid weak market conditions. predicts a construction upswing in coming months.
MENTIONED IN THIS ARTICLE
Washington
UPI
Teamsters Union
United Parcel Service
Mason City
Northwestern States
Portland Cement Co
Jack MacNider
Ford offers 9.75 percent tractor loan through August
Ford Motor Co said it will provide a 9.75 percent loan rate through Aug. 31 on farm and industrial tractors financed for 12 months or less. The rate applies to 100 series TV series and Series 10 tractors and most equipment financed via Ford Credit Co. and other lenders with terms rising by 1 percent per year.
MENTIONED IN THIS ARTICLE
Troy, Mich
Japan defies Reagan ban on Soviet oil tech
Tokyo officials denounced President Reagan’s ban on U S tech transfers to the Soviet Union as outrageous amid threats to scrap joint Siberian gas and oil development. Vice Minister Ichiro Fujiwara warned against concessions to Moscow and urged a tougher stance.
MENTIONED IN THIS ARTICLE
Tokyo
UPI
Siberia
Japan
U.S
International Trade and Industry
Ichiro Fujiwara
Reagan
Also Mentioned on This Page
Illinois
Florida
Scottsdale
Ariz
United States
Falkland Islands
Davis
NOVA
Eastman Kodak Co
Rochester
N.Y
Lawrence Livermore National Laboratory
Kodak
General Electric Credit Corp
Sony Corp
MCA Corp
Sony
MCA
Tesco
Exxon
Superior Oil
Kerr-McGee
Texaco
American Standard
Gulf Oil
Federal Trade Commission
Gulf
Puritan Fashions
Hitachi Corp
IBM
Dome Petroleum
Wang Laboratories
Houston Oil Trust
National Association of Securities Dealers
Sheller-Globe Purchase
Spencer
Eaton
Jim Supple
Tommy Tucker
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