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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 13, 1983
Page
28
The day’s trading shows muted moves with the Dow and industrials edging lower while utilities and transport sectors hold steadier. Major NYSE and AMEX listings posted varied gains and losses as volumes reflected cautious investor sentiment ahead of further economic data.
New York AP reports Manville Corp moves to split its non asbestos units into a separate company while seeking a three month extension of reorganizing deadlines, with ongoing bankruptcy court discussions led by Judge Lifland and attorney Foley. The filing details evolving reorganizational plans and potential impacts on creditors.
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