Cooper Posts Sharp Climb In Earnings For Third Quarter
Cooper Industries reports a 43 percent rise in fully diluted third quarter earnings to 1.17 per share from 0.82. Revenues reach 168 million, up 21 percent from 139 million. Nine month results show earnings up 31 percent to 3.43, with revenues at 497 million, up 26 percent. President Robert Cizik credits all segments Aircraft Services Hand Tools and Energy Services for gains and predicts full year earnings growth stronger than the 20-25 percent target.
MENTIONED IN THIS ARTICLE
Rex
Cooper Industries, Inc
Cooper Industries
Robert Cizik
Cizik
Coffee Prices Dip Amid Broad Grocery Shifts
The Associated Press market basket survey shows coffee dropping to about 3.50 per pound in most areas, while overall groceries edge lower slightly. In ten cities coffee costs fell 3 to 10 percent, eggs eased in seven cities, and pork chops and butter rose in several locations as prices shifted through October to November.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Agricultural Outlook
U.S. Department of Agriculture
U.S
Checklist
Foreign Bribes May Be Illegal
Washington AP reports a House passed bill would criminalize bribes to foreign officials by American firms and overseas subsidiaries. Violators could face up to a $1 million fine. officials face $10,000 fines and up to five years in prison. The Senate already passed a similar measure after about 400 U S companies admitted making questionable payments.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
U.S
Phoenix Woman Re-Elected Mayor
Mayor Margaret Hance won a second term in Phoenix by about 60 percent of the vote, a three to one margin over rival Rosendo Gutierrez and two other challengers. Hance, 54, widowed, is the first woman to lead the city, the 15th largest in the nation.
MENTIONED IN THIS ARTICLE
Phoenix
Ariz
Margaret Hance
Major heroin sweep nets 47 arrests on Light Street
San Francisco police conducted a large raid targeting 35 heroin sellers, flooding Light Street with officers. About 80 people were cleared to sidewalks as 47 were arrested by midafternoon, with some named suspects possibly missed. An unspecified amount of heroin and pills were recovered as officials vowed to curb open drug peddling.
MENTIONED IN THIS ARTICLE
San Francisco
Will Casey
George Eimil
Blue Cross Community Advisory Committees Hear Members
Since 1971 five committees in Western Pennsylvania meet with Blue Cross executives to relay subscriber opinions. They helped improve forms, claims processing, and broaden coverage for seniors while exploring toll free info lines and direct HQ contact. Committee chair Bernard C Dolan invites questions.
MENTIONED IN THIS ARTICLE
Blue Cross
Pennsylvania
Consumer Advisory Council
Bernard C. Dolan
Hotel Dolan
Emporium
Also Mentioned on This Page
Corry Journal
Cooper
Berkey’s
Gi House & Floral Shop
Spartansburg
Roger Cruz
South Center Street
Marine Bank
Corry, Pa
North Center Streat
Woodworth
Union City
Ene
Mes T.hree
Western
Betty
Willian
D. Bowers
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