Gerdin Plans Public Offering For Heartland Express Stock
Gerdin launches a 1.5 million share public offering for Heartland Express with Paine Webber as underwriter. Road show starts in Chicago and moves to 10 U.S. cities then three British sites. Offer price 12 to 15 dollars. Gerdin will hold about 70 percent post sale as Heartland expands with new terminals in Fort Smith and Tennessee. Heartland, based in Coralville, operates 171 tractors and 401 trailers with major revenues from Amana Refrigeration, AT&T, Kellogg and Whirlpool in 1985.
MENTIONED IN THIS ARTICLE
Johnson County
Russell Gerdin
Hawkeye State Bank
Iowa City
Heartland Express
Gerdin
Stouffer Five Seasons
Paine Webber Inc
U.S
Great Britain
Paine Webber
Fort Smith
Ark
Tennessee
Heartland
Amana Refrigeration Inc
At&t Technologies Inc
Kellogg Co
Whirlpool Corp
Interstate 80
Coralville
Rockwell International Corp
Market Closes Higher On Broad Rally Led by IBM
The Dow rose 31.49 to 1,831.69 as buying by program traders pushed the market higher. NYSE volume reached 145.01 million with IBM up 2.4 percent, AT&T up 1 percent, and other blue chips advancing. The NYSE composite gained 1.81 to 137.36 while the S and P 400 rose 4.08 to 264.74 and the Nasdaq climbed 1.88 to 355.65.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
International
American Telephone & Telegraph
Minnesota Mining & Manufacturing
Sears Roebuck
IBM
E.F. Hutton
Standard & Poor
General Cinema unit fined 1 million for price fixing
A federal judge fined General Cinema Beverages 1 million after the Cheverly Maryland bottling unit pled guilty to conspiring with competitors to fix cola prices in the Washington area from 1984 to 1985 and raise wholesale prices on 12 ounce cans. The parent company General Cinema Corp. is Newton Massachusetts based.
MENTIONED IN THIS ARTICLE
Washington
General Cinema Corp
U.S
George H. Revercomb
General Cinema Beverages
Cheverly
Newton
Mass
Westdale Mall
Janine Dusossoi
Retail sales surge 4.6 percent in September on auto showrooms
Retail sales rose 4.6 percent in September to a record 127.2 billion, led by a 19.5 percent jump in new car purchases as consumers chased cut-rate financing. Economists warn the surge may cool, with non auto spending showing slower growth and signals of continued price cutting by department stores.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Treasury Department
Commerce Department
Commerce
Malcolm Baldrige
Sandra Shaber
Chase Econometrics
Bala Cynwyd
Wendy's drops Pepsi for Coca Cola in company outlets
Wendy's International will switch from Pepsi to Coca Cola in its company owned restaurants citing PepsiCo's restaurant push as a conflict. Franchises urged to switch. McDonald's already uses Coca Cola and Burger King uses Pepsi. PepsiCo laments lost long time customer while notes Coca Cola and McDonald's competition.
MENTIONED IN THIS ARTICLE
Wendy’s
Pepsi
Coca-Cola
New York
Wendy’s International Inc
Pepsi-Cola
PepsiCo Inc
Wendy's
McDonald's
Burger King
Coca-Cola Co
PepsiCo
Joyce Myers
Miami
Ken Ross
Pepsi-Cola USA
Purchase
N.Y
United States
Ross
Also Mentioned on This Page
Gordin
Mazda
Iowa
General Cinema Bottling
MONEY
People Express
Texas Air
Houston
Texas Air Corp
Newark
N.J
Saudi Arabia
Geneva
Reuter
Reuters
James Audu
USX
Pittsburgh
USX Corp
US Steel
Carl Icahn
Securities and Exchange Commission
Amstech
Ms. Shaber
Tom Megan
Evans Economics
Paul Raab
Eastern Air Midwest Express
Kansas City
Eastern Airlines
Eastern
Easterns
Cedar Rapids
Tulsa
Oklahoma City
Los Angeles
Atlanta
Eastern Air Midwest Express A
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!