Independent group forms The Communications Group with three partners
A trio of former Creswell associates launches The Communications Group with offices in Minneapolis Iowa City and Chicago Harry Prestanski James R Ball and Toni Antonetti named partners and Ball lists Marketing Creative Services Iowa City as the firm address Heat-N-Glo sues Heatilator over patent and trade secret violations seeking a permanent injunction Treasury sells 8 billion in three month bills at 7.96 percent and six month bills at 7.89 percent expected returns 8.24 and 8.33 percent respectively
MENTIONED IN THIS ARTICLE
Communications Group
Minneapolis
Chicago
Iowa City
Creswell, Munsell, Fultz & Zirbel
Cedar Rapids
Harry Prestanski
James R. Ball
Toni Antonetti
Ball
Marketing & Creative Services
P.O. Box
Heat-N-Glo Fireplace Products Inc
Savage, Minn
Heatilator Inc
HON Industries of
Muscatine
HON
Treasury
Treasury Department
Ford Escorts price rise reports April 26 sale date
Ford Motor Co announces a 2.5 percent average price increase for 1991 Escorts with popular options over 1990 models. Base prices span 7,565 to 11,063 dollars and the new Escort will go on sale April 26. Some options on all cars except Escort and Festiva rise by 29 dollars due to higher costs.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Ford
Stouffer Vinoy Resort planned for St Petersburg Florida
Stouffer Hotel Co and VDC Hotel Partners announce an $88 million joint venture to build a 367 room luxury resort on Tampa Bay at St. Petersburg. Construction begins now with completion set for late 1991. The Vinoy Park Hotel landmark will anchor the project.
MENTIONED IN THIS ARTICLE
Stouffer Hotel Co
Tampa Bay
St. Petersburg
Fla
Stouffer
VDC Hotel Partners
Florida
Nestle Enterprises Inc
Stouffer Vinoy Resort
Vinoy Park
Rhone-Poulenc to Merge Pharma Unit with Rorer for 1.7 Billion
French chemicals giant Rhone-Poulenc signs a definitive agreement to merge its pharmaceutical unit with U S Rorer Group in a deal valued near 1.7 billion dollars. Initial offer of 78 dollars per share covers 50.1 percent of Rorer's 21.6 million shares, with a later transfer of its pharmaceutical business and contingent value rights for non tendered shares.
MENTIONED IN THIS ARTICLE
Rhone-Poulenc
Rorer Group Inc
United States
Rorer
Iowa
Gillette
Heartland Express
General Mills
Procter & Gamble
Rhone-Poulenc SA
International Business Machines
Philip Morris
General Motors
American Telephone & Telegraph
General Electric
Navistar
AT&T shares key semiconductor etching technology pact
AT&T signed a Sematech backed agreement to share Resist etching chemical with a division of Olin Corp for making and selling circuitry etching material. Automotive News reports new car dealerships fell by 337 last year to 24 576, the largest drop since the early 1980s.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph
Sematech
U.S
American Telephone & Telegraph Co
Olin Corp
Automotive News
Baskets product on NYSE fails to gain trading traction
The New York Stock Exchange basket product, designed to trade 500 stocks in one order, had no buyers or sellers on Friday and last traded on February 28 with only one basket changing hands. Experts say its high cost and efficient pricing deter program traders.
MENTIONED IN THIS ARTICLE
New York Times Service
NEW York
New York Stock Exchange
Wall Street
Big Board
Chicago Board Options Exchange
Exchange
Osram D1 headlamp boosts light in Montgomery facility
A worker at a Montgomery New York facility inspects a miniature Osram D1 Gas Discharge headlamp. The small units reportedly deliver two to three times the light of standard headlamps, enhancing illumination for operations.
MENTIONED IN THIS ARTICLE
Montgomery
N.Y
Stock market ends modestly higher as volume lags
The Dow Jones average rose 3.38 points to 2686.71 in a slow session. Gainers edged losers by a slim margin with 752 issues up, 697 down and 514 unchanged on the NYSE in nationwide trading.
Iowa 1990 entrepreneurs search kicks off statewide
The Iowa branch of Ernst & Young Merrill Lynch and Inc Magazine sponsor a second annual search for Iowa’s best entrepreneurs with awards for entrepreneurs and supporters. Seven finalists were honored last year and a June awards banquet is planned. November inductees join the Institute of American Entrepreneurs in Scottsdale.
MENTIONED IN THIS ARTICLE
Iowa
Ernst & Young
Merrill Lynch
Inc. Magazine
Ernst & Young Reports
Institute of American Entrepreneurs
Scottsdale, Ariz
John Smith
Sixth Ave
Des Moines
Waldenbooks Downtown to Close This Saturday
Waldenbooks will close its downtown store at 119 Third Ave SE this Saturday due to the building’s condition. Susan Arnold of the Stamford headquarters said no relocation is planned, while the Westdale Mall Waldenbooks will remain open. the downtown location has operated since 1981.
MENTIONED IN THIS ARTICLE
Waldenbooks
Susan Arnold
Stamford
Conn
Third Ave. SE
Arnold
Westdale Mall
COMMIT seeks proposals for workplace smoking programs
COMMIT invites proposals from local non profits and private businesses for funding to develop workplace smoking policies, health presentations, and a smoking policy network. Seventeen thousand dollars? actually sixteen thousand dollars is available annually for a three year period to implement smoke free activities. Proposals must be received by March 23 at 463 Northland Ave NE with awards announced by April 15 after review by the Executive Committee.
MENTIONED IN THIS ARTICLE
Commit
Aleena Erickson
Northland Ave
Oscar Mayer to Close Vernon California Plant in September
Oscar Mayer Foods Corp. will shut its Vernon meat processing plant in September, eliminating 537 jobs. The Madison based company says other California plants in Fullerton Modesto and Tulare won’t be affected. Plant manager Robert L. Peck cites rising costs and old facility as reasons and will meet with employees individually. Of the 537 workers 94 are office staff and 443 are union plant employees.
MENTIONED IN THIS ARTICLE
Los Angeles Daily News
LOS Angeles
Oscar Mayer Foods Corp
Vernon
Oscar Mayer
California
Fullerton
Modesto
Tulare
Beckett Chevrolet Olds to liquidate assets under Chapter 7
Beckett Chevrolet Olds Inc filed for Chapter 11 in Cedar Rapids but its board voted to convert to Chapter 7 liquidation. Assets are listed at 2.344 million with liabilities of 2.349 million as GMAC is seen as a dominant creditor. The aim is to pay employees and unsecured creditors while preserving scarce assets.
MENTIONED IN THIS ARTICLE
Dyersville
Beckett Chevrolet Olds Inc
U.S
Cedar Rapids
Beckett’s
Beckett Chevrolet-Olds
Bankruptly Court
Thomas McCuskey
Poland Faces Coin Shortage as Inflation Reforms Hit Everyday Life
The Associated Press report details Poland’s price reforms and high inflation leading to coin shortages, postage stamp changes, and transit fare adjustments. It notes 20 zloty coins becoming nearly obsolescent, a black market forming, and delays in minting tokens for pay phones, with experts and citizens describing daily difficulties.
MENTIONED IN THIS ARTICLE
Zdzieniecki
Also Mentioned on This Page
New Communications Firm
Escort
Stouffer’s
Apple
Computer Inc
At&t
Tribune Media Services, Inc
Curities and Exchange Commission
Standard & Poor
Tabak
Associated Press and Gazette
Michael Metz
Oppenheimer & Co
Madison
Peck
Beckett
General Motors Acceptance Corp
Joseph Peiffer
Beckett Chevrolet Olds
GMAC
Drusilla Menaker
Associated Press
Warsaw
Poland
London
Maciej Zdzieniecki
Europe
Albania
Iwona _ Terlikowska
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