House presses Senate on bill to block local phone access fees
House leaders urged quick Senate action to stop a Federal Communications Commission plan for monthly access fees on local telephone service. The measure would halt fees starting next April and prevent future increases, preserving current long distance subsidies and universal service goals.
MENTIONED IN THIS ARTICLE
Norman Black
Washington
At&t
House
Senate
Jim Wright
D-Texas
American Telephone & Telegraph Co
Timothy E. Wirth
D-Coro
House Communications Subcommittee
Tom
Griscom
Howard Baker
R-Tenn
FCC
Wright
Wirth
House Commerce Committee
John Dingell
D-Mich
Federal Communications Commission
Congress
Edward Markey
D-Mass
Markey
Capitol Hill
Robert Wise Jr
Dw.va
Dingell
Chrysler again declines fourth quarter dividend
DETROIT AP Chrysler Corp will not pay a fourth quarter common stock dividend. A spokesman said the board did not consider a dividend at a New York meeting. Chrysler has not paid since Q2 1979 despite a current year profit of 582.6 million. GM and Ford announced small or split-adjusted dividends for the quarter.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Chrysler
New York
General Motors Corp
Ford Motor Co
Ford
Maytag Increases Dividend Rates For 1983
Maytag Co. board raises the regular quarterly dividend from 55 to 60 cents and boosts the year end extra dividend to 55 cents from 15 cents. The 1983 payout totals $2.70 per share, payable Dec. 15 to holders of record Dec. 1, marking the 37th year of an extra dividend.
MENTIONED IN THIS ARTICLE
Newton
Maytag Co
Fortune Magazine
International Business Machines
DuPont
Sears Roebuck
Eastman Kodak
Kodak
American Stock Exchange
Stanbrough Realtors and First Financial plan $90 million merger
A central Iowa merger creates First Group combining First Financial Savings and Loan and Stanbrough Realtors Better Homes and Gardens of Des Moines. The new group will total about 350 employees with 90 million in assets, pending federal approval within 30 days.
MENTIONED IN THIS ARTICLE
Judy Daubenmier
Des Moines Bureau
Des Moines
Iowa
Stanbrough
Gene Stanbrough
Federal Home Loan Bank Board
West Des Moines
Albia
Carlisle
Knoxville
Pella
Cedar Rapids
First Group
Housing stocks lead market gain on Friday
New York AP reports the stock market rose for a third day as interest rate optimism boosted credit markets. Housing related shares firmed with Pulte Home up 24 percent and Weyerhaeuser up 1 percent as forest products and banks also gained broadlly.
MENTIONED IN THIS ARTICLE
Weyerhaeuser
NEW York
New York Stock Exchange
Federal Reserve
Treasury
Pulte Home
Deltona
National Homes
Forest Products Group
Louisiana- Pacific
Boise Cascade
S&l
Financial Corp. of America
Golden West Financial
American Savings and Loan of Florida
H.F. Ahmanson
Great Western Financial
Citicorp
Chase Manhattan
J.P. Morgan
Bankamerica
American Express
SEC halts when issued AT&T trading for five days
The SEC bans all when issued trading on AT&T and its seven regional spin offs from 12:01 a.m. EST November 16 to 10 a.m. EST November 21 to curb premature sales ahead of the divestiture. AT&T requested the action to ensure proper dissemination of information. Prospectuses for the new stock are due next Wednesday.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
American Telephone & Telegraph Co
Commission
At&t
Celestial Seasonings withdraws its first public stock offering
Celestial Seasonings Inc. halted its initial public offering on the closing day after discovering a potential problem with the supply of a key herb. Mo Siegel, chairman, said the withdrawal is to be fair to new shareholders and the IPO will be rescheduled.
MENTIONED IN THIS ARTICLE
Boulder, Colo
Celestial Seasonings Inc
Celestial Seasonings
Mo Siegel
The
Tea Company
Princeton dorm room mutual fund founder grows portfolio
Jim Lavelle a Princeton University junior 20 manages a mutual fund from his dorm with 100000 from seven clients. He launched Pin Stripe Investments Inc in July after a 51 percent growth since January. Lavelle aims for bigger deals while balancing coursework and family investments.
MENTIONED IN THIS ARTICLE
Princeton
N.J
Jim Lavelle
Princeton University
Pin Stripe Investments Inc
United cuts Hawaii fares from Chicago and New York
United Airlines announced fare reductions to Hawaii effective January 4 to February 29. The lowest round trip from Chicago drops to 499 dollars and from New York to 469 dollars, with current lows at 629 and 525 respectively. Conditions include 14 day advance purchase and seven day minimum stay.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
Hawaii
Rocky Mountains
New York
United
Mexico
Caribbean
Europe
Also Mentioned on This Page
Bureau of Labor Statistics
Seri
Maytag
Stanbrough Realtors
Central Iowa
Thrift
Fort Dodge
Mason City
First Financial
Stanbrough Construction Company Inc
Cityscape Design Inc
Stanbrough Investment Co
David Gruhn
First Stock Savings and Loan Association
FSLIC
Gruhn
First Realty
Better Homes and Gardens
SEC
New York City
Lavelle
Woodrow Wilson School of Public and International Affairs
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