Retail sales mixed in May. Penney and Kmart report gains
AP reports mixed May results from major retailers. J C Penney Co. Inc. posted an 11.2 percent rise to 1.042 billion, with strong May sales in cosmetics, fragrances and accessories. Kmart Corp. saw an 8.2 percent gain, contributing to a 9 percent year to date ahead of 1986, with executives predicting a summer pickup.
MENTIONED IN THIS ARTICLE
Kinney’s
Woolworth
Hague
Je E Penney Co. Inc
Penney
Kmart Corp
Kmart
Bernard Fauber
Stocks closes with Dow up 146 points and metals prices
Merrill Lynch reports the Dow Jones Industrial Average finished Thursday at 2337.38, up 146.3. Gold settled in New York at 453.10, and silver at 7.81 per Troy ounce.
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Merrill Lynch, Pierce, Fenner & Smith, Inc
E. State St
Media
New York
Kidder Peabody Pays 25 Million to Settle Insider Trading
Kidder Peabody & Co agreed to pay over 25 million dollars to settle insider trading charges with the SEC, avoiding criminal sanctions. The agreement, part of a widening federal probe, marks the second largest Wall Street settlement. U.S. Attorney Rudolph Giuliani said there would be no prosecution due to the firm's cooperation.
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New York
Kidder Peabody & Co
Securities and Exchange Commission
Wall Street
U.S
Rudolph Giuliani
Kidder Peabody
Tusndia
Bee Teea
Manhattan
Kidder Neither
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Cisc
Chng
At&t
Arco Bally Mfgs
Bethlehem Steel
Boeing Co
Commodore Int
Conrail DuPont
Exxon
General Electric
General Motors
Gulf & Western
Home Shop
Netwrk
IBM Wie
Litton Ind. Phila
Elec
QVCN
Netwrk Resorts Int
Scott Paper
Standard Oil
Sun Co
Giuliani
Gram
Macy's
Wanamaker
Sears
Stern’s
Best's
Bloomie's
CBS
Ciro D'Angelo
Chris Cane
Ardmore
Ciro
Quartz
Seiko
Citizen
Pulsar
Springfield Square
Baltimore Pike
Valley Forge
Sheraton
1St Avenue
Center City
Chestnut Street
Philadelphia
Grant & Goosevelt Blvd
Montgomeryville
Marshall's
Ardmore, PA
Lancaster Pike
Filene’s
Deptford, NJ
Almoneson & Clement Bridge
Marlton
W. Marlton
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