Teleconnect expands long distance to Ohio with sports figure
Teleconnect to Ohio expands services to Cincinnati and Columbus, naming Pete Rose as southern Ohio spokesman and highlighting prior April push in Cleveland with Bernie Kozar as figurehead. Waterloo sells 5.7 million in general obligation bonds to a Chicago Milwaukee syndicate at 7.28 percent net interest.
MENTIONED IN THIS ARTICLE
Teleconnect Uo
Cedar Rapids
Cincinnati
Columbus
Ohio
Pete Rose
Cincinnati Reds
Cleveland
Bernie Kozar
Rose
Teleconnect
Waterloo
City of
Clayton Brown and Associates
Chicago
Blunt Ellis & Loewi
Milwaukee
Griffin, Kubik, Stephens & Thompson
Patents Lead Canon and Hitachi in 1987 US Counts
Canon K K tops a list from Intellectual Property Owners Inc with 847 patents in 1987 followed by Hitachi Ltd at 845 and Toshiba Corp at 823. GE led US firms with 779. RCA totaled 504 with GE, ranking tenth, for a combined 1,283 patents. American Stores calls for redemption of its Series B preferred stock Aug 15 at 55.60 plus 1.96 dividends, record date Aug 1, redemption agent Morgan. American Stores owns Osco Drug. AT&T starts routing through a new digital switching system in Davenport handling Iowa 319 area and parts of Illinois 309, with 900k–1 million calls daily. Motorola plant inspectors test MC68020 chips as quality program targets 99.9996% OQ. May savings bonds sales reach 655 million, up 9% from 1987. Public holdings total 105.65 billion, up 10% from a year ago.
MENTIONED IN THIS ARTICLE
Imre
U.S
Canon K.K
Intellectual Property Owners Inc
Hitachi Ltd
Toshiba Corp
General Electric Co
RCA Corp
American Stores Co
Salt Lake City
Morgan Shareholder Services Trust Co
American Stores
Osco Drug
American Telephone and Telegraph Co
Davenport
Housing starts plunge to lowest in three years May data shows sharp drop
The Commerce Department reports May housing starts fell 12.2 percent to a 1.38 million annual rate, with singleFamily starts down 9.2 percent and multifamily units down 18.9 percent. Northeast and Midwest declines lead the nation as mortgage rates rise and high prices damp demand.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Richard W. Peach
The
Mortgage Bankers of America
Federal Home Loan Mortgage Corp
Northeast
Midwest
South
Texaco Icahn proxy fight ends with uncertain outcome
Texaco Inc claimed a win in its proxy battle with Carl Icahn as investor turnout remained too close to call. After the annual meeting in Tulsa, Icahn argued counting would take weeks to finalize votes on five board seats amid a 243 million share tally.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Texaco Inc
Carl C. Icahn
Wall Street
Icahn
Texaco
James W. Kinnear
Kohlberg, Kravis & Roberts Co
Trade negotiator Yeutter heads to Tokyo over beef import dispute
U S Trade Representative Clayton Yeutter left for talks with Japan amid claims an agreement on beef import restrictions was near. He said no deal yet but expected progress. Australia hopes for a favorable stance as Japan's market, worth about 2 billion dollars for high quality beef, limits U S access to this use.
MENTIONED IN THIS ARTICLE
Texaco
Icahn
Alfred C. DeCrane Jr
Kinnear
Pennzoil Co
Getty Oil Co
Pennzoil
Getty
Bill Collallas
Cherry Hill
N.J
Washington
Int
Japan
U.S
Clayton K. Yeutter
Tokyo
Yeutter
United States
Agriculture Department
Market's fifth busiest session yields mixed close
The stock market ended mixed on heavy volume the heaviest of 1988, led by Occidental Petroleum which traded over 104 million shares ahead of a quarterly dividend. The Dow rose 9.78 to 2104.02 as traders cited dividend plays and triple witching expirations, while breadth remained negative with 642 advancers, 850 decliners, 480 unchanged.
MENTIONED IN THIS ARTICLE
New York _ Stock Exchange
Occidental Petroleum
Alfred Goldman
A.G. Edwards & Sons Inc
St. Louis
Dow
Kodak asks judge disqualification in Polaroid case
Kodak asks U S District Court to disqualify Judge Aya Zobel and void rulings since 1981 in Polaroid's 5.7 billion patent suit claiming her husband’s late mother owned Kodak stock. Polaroid calls the motion meritless and a counter motion is expected. Judge Zobel’s July 6 ruling is anticipated.
MENTIONED IN THIS ARTICLE
Buston
Eastmannoaax Co
Polaroid Corp
Kodak
U.S. District Court
Aya Zobel
Zobel
Polaroid
Cambridge
Mass
Zabel
Polaroi
Samuel Yanes
Polard
Also Mentioned on This Page
New Switcher News
Motorola
Aizu
General Services Administration
Dallas
Ross Perot
U.S. Postal Service
Tectronic Data Systems Corp
Jann'oy Research Corp
McLean
GSA Board of Contract Appeals
Perot Systems Corp
Perot Systems
sold + Sulzer Brothers Inc
New York
Sulzer Brothers Ltd
Intermedics Inc
Angleton
Texas
Sulzer
Intermedics
Allegheny International Inc
Pittsburgh
US. Dept. Fc
Pecahn
White Plains
N.Y
Shareholde
Erywhere Sport
Iowa
Longview Fibre
Rockwell International
IBM
General Motors
Woolworth
Burlington Northern
Hasceine
Oelkers
7Th St
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