Iowa banks post 108.1 percent first quarter earnings gain 1987
Iowa banks show a 108.1 percent rise in earnings before extraordinary items for Q1 1987 from Q1 1986, per Sheshunoff & Co based on Federal Reserve data. Total industry earnings reach 5.19 billion across 14,009 banks, with assets down 2.1 percent.
MENTIONED IN THIS ARTICLE
George C. Ford
Iowa
Sheshunoff & Co
Austin
Texas
Sheshunoff
Federal Reserve Board
America
Alex Sheshunoff
Nebraska
Idaho
Ala
Alaska
Ariz
Ark
Colo
Hawaii
Ind
Kan
Maine
N.D
Ohio
S.C
Wash
W.va
Wis
CBS to sell magazine unit for 650 million
CBS Inc will sell its magazine division for 650 million to a group including senior management, ending its publishing ventures. Titles listed include Women's Day Modern Bride Field & Stream Home Mechanix Car and Driver and Popular Photography.
MENTIONED IN THIS ARTICLE
New York
CBS Inc
Woman’s Day
Modern Bride
Field & Stream
Home Mechanix
Car and Driver
Gas prices rise to over one dollar a gallon
The Lundberg Survey shows US average gas price at 1.0023 per gallon, the first time above $1 in 16 months. Self service pump prices: regular 92.40 cents, regular leaded 89.29 cents, premium 1.0559 dollars. Full service: regular unleaded 1.1854, regular leaded 1.1483, premium unleaded 1.2846.
MENTIONED IN THIS ARTICLE
Los Angeles
United States
Lundberg
Trilby Lundberg
Treasury bill yields dip as 1 year rate falls
The Treasury reports auction results showing 3 month bills yielding 5.72 percent and 6 month bills at 5.80 percent. The Fed also notes one year bill yields averaged 6.61 percent last week, down from 6.71 percent.
MENTIONED IN THIS ARTICLE
Treasury Department
Federal Reserve
Treasury
Ford recalls ambulances over faulty valve seal in repair kit
Ford confirms a faulty valve seal in a replacement kit for its E-350 ambulances can fail and cause fires. About 16,000 vehicles awaiting modification. 250 older models recalled to replace the seal and install new seats. Fire in Waldorf, Maryland prompts safety review and settlement talks with insurer.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Louisville
Ford
Kentucky
Chuck Snearly
Waldorf
Clinton
Robert Dewey
Center For Auto Safety
Washington, D.C
Maryland
Snearly
Richmond
Dewey
Skil Recalls 68000 Saws Over Blade Guard Flaw
Skil Corp recalls nearly 68 thousand circular saws sold since 1986 under Skil and Sears Craftsman labels due to a thin aluminum lower blade guard risk. Models include Skil 77 worm drive and Sears Craftsman Industrial 714 inch. date codes and toll free help line provided.
MENTIONED IN THIS ARTICLE
Chicago
Skil Corp
Skil
Sears Craftsman
al Dimcoff
Emerson Electric Corp
St. Louis
Dimcoff
U.S. Banking Industry Sees 1987 March Change
The March 31 1987 report shows percentage changes in the U.S. banking sector from the prior year ending March 31 1986. Banks across various categories display shifts in assets deposits and loans reflecting 1987 market conditions.
Stocks drift with small loss as IBM leads gains
The market eased Monday with the Dow down 3.02 to 2452.97 amid profit-taking after a rally. IBM rose 2 percent to a new high on expectations of a Q2 report, while NCR Apple and Digital Equipment posted gains, energy shares fell, and breadth showed 666 up, 865 down on the NYSE.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
IBM
NCR
Apple Computer
Digital Equipment
Unisys
Honeywell
Prime Computer
Toor
Rosewood Financial Inc
Amca International
United Fire
NYSE
Exchange
Standard & Poor
S&p
Also Mentioned on This Page
Iowa Bank
Sheshinoff
LeFebure
Leif Rylander
Inter Innovation AB
Stockholm
Sweden
LeFebure Corp
Cedar Rapids
Kenneth Watts
Inter Innovation
LeFebvre
L.B. Foster Co
Pittsburgh
Rylander
CBS
Troy
Mich
Kmart Corp
Plymouth
Zzzz Best Co
California
National Association of Securities Dealers
Benetton
Milan
Italy
Benetton Group
In-Holding
U.S
Roger J. Thoeny
MRA
Bowman Woods
Associated Press and Gazette
John Poindexter
Amoco
Exxon
Atlantic
Midlands
Midland
Midland Financial Savings and Loan
44 Midland Financial Group
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