Wall Street Stocks Close Broad Gains Across Markets
Nationwide NYSE comp prices show broad advances with notable moves in Abbott Laboratories and Amoco among large names. The American Stock Exchange reports a 307.67 close, up 7.67, as volume reached 5.18 million shares with gains across Industrial, Finance, and Utilities sectors.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Spies Net
Hds
New York
API
American Stock Exchange Market
American Stock Exchange
Sambo's Fails on 4th Quarter Dividends and Loan Installment
Sambo's Restaurants disclosed it missed the 4.8 million first installment on a 100 million loan crucial to its survival since a July 1980 restructuring. The firm also skipped dividends on its 1.45 and 1.84 series preferred stock for four straight quarters, allowing GDV Inc. to elect a majority of directors at the October 20 board meeting, though GDV already has representation in management.
MENTIONED IN THIS ARTICLE
Sarpenteria Calif
UPL
Sambo's Restaurants Inc
Sambo's
GDV Inc
Sambo
GDV
City Investing Co
Daily Stock List Update Drives Mixed Trade
The daily stock list shows mixed activity with some gains in major sectors and declines in others. Investors monitor price movements of key names, Market indices fluctuate as traders react to regional data and new economic signals.
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