Agent group protests ruling an AGO takeover
A group of Life Investors agents in Eastern Iowa plans to oppose AGO International B.V. takeover of Life Investors. They allege misled field staff and accuse Iowa insurance commissioner Bruce Foudree of neglect. They cite secrecy on the deal and seek answers before meetings with state officials. A related stockholder class action may be filed, with 170000 shares involved.
MENTIONED IN THIS ARTICLE
Life Investors
Iowa
AGO Holding N
the Gazette
Home Office
Iowa State Insurance
Bruce Foudree
State of Iowa
Foudree
AGO
Insurance Commissioner
Life
Vern Cooper
Brian Zimmerman
Cedar Rapids
Steve Powell
Quad Cities
George Colthurst
Washington
James Ingram
Bettendorf
Ingram
Ron Jensen
AGO International B.V
Iown Insurance
Jensen
Alabama
Fantasy Seeds offer for the man who has nothing
Hornsby Ltd of Altamonte Springs Florida markets Fantasy Seeds for $2 a packet to grow a range of fantasies including a mistress, oil well, golf course, private jet, yacht or car with a confidential option. The ad concedes results may be only sunflowers and notes many fantasies are illegal or embarrassing.
MENTIONED IN THIS ARTICLE
Los Angeles
Hornsby Ltd
Altamonte Springs
Fla
Gannett Group Buys Cedar Rapids Station With Local Ties
The Guy Gannett Broadcasting Services led delegation from Portland Maine visits Cedar Rapids after acquiring WMT-TV and renaming to KGAN TV. Jean G Hawley cites CPC ties, community roots, and no major local changes while plans to keep operations strong and autonomous.
MENTIONED IN THIS ARTICLE
Wmt-Tv
Kgan TV
Cedar Rapids
Portland
Maine
Guy Gannett
Broadcasting Services of
Jean Gannett Hawley
Guy Gannett Publishing Co
Guy Gannett Broadcasting Services
Lowans
Simpatico
Stocks sag on recession talk and rising money supply
UPI reports a cautious trading day as Reagan labels the economy in a light recession while money supply rises. Dow falls 4.56 to 847.13 amid mixed volume and investors await the third quarter GNP report. NYSE and NASDAQ indices slip with broad declines and selective activity in Crown Zellerbach, Sony, Matsushita, Westinghouse, Mary Kay, Northrop, and Gulf Oil of Canada.
MENTIONED IN THIS ARTICLE
New York
UPI
Reagan
Federal Reserve
Dow
Standard & Poor
NYSE
U.S
Crown Zellerbach
Sony Corp
Matsushita Electric
Westinghouse Electric
Mary Kay Cosmetics
T-bill rates rise at Treasury auction
Treasury sold 4.5 billion dollars in three month bills at a 13.613 percent average discount and six month bills at 13.795 percent. The new six month rate becomes 14.045 percent with a 0.25 point hike. Short term bill yields imply 14.29 percent for 13 week issues and 15.03 percent for 26 weeks.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
Also Mentioned on This Page
Agent Group
Los Angeles Times
KGAN
C.R
By Bruce Fishwild
Gannett
WGAN
CBS
Gino’s Inc
Northrop
Northwest Industries
National Association of Securities Dealers
Attention
Michael Joyce
Iowa City
Rocky Shore Drive
Hwy. 6
Connie Boyd
Linda Edwards
Dist
Tom Walsh
Johnson County
Call
Howard Fine
Guaranty
Guaranty Bank & Trust
FDIC
Ww Bank & Trust
Jecetyn Dr