GE Utah International merger faces antitrust scrutiny
The proposed 1.9 billion GE Utah International merger draws DOJ review under the Clayton Act over potential competition limits in energy. GE cites diversified strength, while Utah focuses on coal and uranium, with analysts split on antitrust risk and financials showing mixed 1974 and 1975 results and a planned tax free stock exchange.
MENTIONED IN THIS ARTICLE
Richard Hughes
UPI
New York
General Electric
Utah International
Justice Department
Wall Street
Reginald H. Jones
Edmund W. Littlefield
Utah _ International
Itiaw
Utah
United States
Peru
Rubber Industry Prospects Improve Amid Auto Market Uptick
The column discusses a hopeful turnaround for rubber stocks as auto demand recovers, inventories tighten, and tiremakers expect stronger 1976 results. It notes inflation pressures, a near-term labor contract ending in April, and the impact of the Arab oil embargo on market sentiment.
MENTIONED IN THIS ARTICLE
Detroit
Babson's Reports
Bell unveils high capacity long distance switch gear
Equipment installed here began serving Chicagoans and others last weekend. The machine, with super switching capacity, can process up to 550 000 long distance calls an hour. Bell officials say the system will save about 1.5 billion dollars annually by 1985.
Outlook for 28 Nations Sees Production Up 4.4 Percent
The World Business Outlook by McGraw-Hill projects 1976 output for 28 industrial nations rising 4.4 percent with a 13.6 percent value gain. Real growth plus an 8.8 percent average price increase drives the total.
MENTIONED IN THIS ARTICLE
Economics Department
McGraw-Hill Publications
Coast to Coast Store owners meet at Lake of the Ozarks
Harlan Broekemeier of Columbus attended the Coast to Coast Stores annual meeting at Lake of the Ozarks Missouri. The two and a half day session featured new spring merchandise programs and management training for customer service clinics. Frontier Airlines reports 1975 revenue passenger miles up 4.7 percent with December at 150 373 thousand and 3 276 837 boardings setting records, aided by a United strike.
MENTIONED IN THIS ARTICLE
Washington
UPI
America
U.S
Energy Research and Development Administration
U.S. Geological Survey
Harlan Broekemeier
Columbus
Lake of the Ozarks
Frontier Airlines
Frontier
United Airlines
Brandeis Names Gene Griffin Divisional VP. Collins Named Becton Dickinson President
Gene Griffin elected divisional vice president of J. L. Brandeis & Sons, Omaha. Griffin began as a floor manager at Gold & Co. in Lincoln in 1962 and, after Brandeis bought Gold & Co. in 1964, advanced to area manager and buyer roles. Michael D. Collins named president of the Becton Dickinson Division, succeeding Stanley Olsen who plans a less active role after 35 years with the company.
MENTIONED IN THIS ARTICLE
Alan Baer
J. L. Brandeis & Sons
Gene Griffin
Griffin
Gold & Co
Lincoln
Brandeis
Michael D. Collins
Becton-Dickinson
Becton, Dickinson and Company
Stanley Olsen
Collins
Huntington
England
Nebraska Economy in Long-Term Low Spirits State
Nebraska remains in a fairly long-term low in spirits state despite surging retail sales last fall. The Monthly Business Review notes manufacturing and spending up, agriculture prices higher though production volume down, and retail gains across most cities with Bellevue, South Sioux City, Holdrege, and Sidney lagging.
MENTIONED IN THIS ARTICLE
Lincoln
Neb
UPI
Nebraska
Bureau of Business Research
University of Nebraska At Lincoln
Bellevue
South Sioux City
Holdrege
Sidney
Norfolk
Omaha
Grand Island
Scottsbluff
Dick Schermer Named New Curry Bros Manager
Dick Schermer appointed manager of Curry Bros at 2511 13th Street effective January 1. He previously managed Edward D. Jones & Co until its office closed last fall.
MENTIONED IN THIS ARTICLE
Dick Schermer
Curry Bros
13Th Street
Old Leigh Inn Changes Hands
A local group forms an association to operate Old Leigh Inn food services. Members include Tom Bradley Roger Littelman Paul Millard Charles Mullenhoff and Allen Schroeder. Ted Schultz of Norfolk selected as general manager and to start Jan 26 with his family planning to move this week to the former Arne Nelson residence.
MENTIONED IN THIS ARTICLE
Leigh
Also Mentioned on This Page
Eastside Industries
Jim George
George
Chuck Czuba
Tammy Osterhoudt
Don Catshall
Duayne Nelson
Telegram
Stan Linhorst
Columbus Q Telegram Financial Page
Babson’s Reports Inc
ST. Louis
UPD
The
American Optometric Association
Chicago
Kenneth Sain
At&t
John D. deButts
Atlanta
Dallas
Jacksonville
Kansas City
Floyd A. Campbell
C.L.A
29Th Avenue
Columbus, Nebraska
State
Curry
Schemer
Columbus Telegram
Old Leigh Inn
Holiday Inn
Mon
Allied Surgical Appliance CO
P.O
Brandenton
Fla
I.R.A
Dale Nelson
Keogh
Equitable Savings & Loan Association
Columbus and Albion
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