Wall Street Summary Highlights Pennzoil, Santa Fe and Dayto n Hudson
A market roundup notes Franklin National Mint weakness amid insider selling and Drexel credibility issues. It highlights Jostens earnings growth, Pennzoil Offshore Gas assets and PLATO, Reserve Oil & Gas near highs, Dayton Hudson undervalued at 28-29, and Santa Fe International poised for gains with strong 1977 1978 outlook.
MENTIONED IN THIS ARTICLE
Franklin National Mint
House of Drexel Lambert
Jostens, Inc
Pennzoil
Dayton Hudson Corp
Dayton Hudson
S. S. Kresge Co
Dayton-Hudson
Target Store
S. Kresge Co
GTC
Santa FE International
NYSE
Thistle
United Kingdom
North Sea
Santa Fe
Ashland
Circus Circus Reno project announced downtown Reno
Plans to convert Gray Reid Department Store and Nevada National Bank buildings into the first phase of Circus Circus Reno, a 700 room resort with a casino, dining areas, 102 hotel rooms, and a circus tent. Phase one targets a May 1978 opening with a 600 room tower to follow.
MENTIONED IN THIS ARTICLE
Circus Circus
Reno
Las Vegas Strip
William G. Bennett
William N. Pennington
Circo Resorts, Inc
Circus Circus Operating Corporation
John
William Metzker
Gray Reid Department Store
Nevada National Bank
Fifth
Sixth
Sierra
Virginia Streets
McKenzie Construction Co
Ron Nunn
Las Vegas
Circus Circus Casino
Casino
Circus
Carnival Midway
Circo Resorts
Bennett-Pennington
Carnival
Midway
Pennington
Nevada
Gray Reid's
Old Town Mall
Lawyers Up To Eyeballs In Work By Tom Goldstein
A surge in lawsuits across federal and state courts has lawyers scrambling for business. Class actions and civil rights cases rose sharply in the past five years, with 5,320 civil rights suits against employers in 1976.
MENTIONED IN THIS ARTICLE
New York
New York City
Wall Street
Charles D Breitel
Breitel
Stocks Rally to Close Higher on Mixed Economic News
UPI report notes modest gains driven by housing starts permits and industrial production. Dow up 2.88 to 920.45, S&P and Nasdaq mix. trading volume rises across NYSE and NASDAQ as investors weigh rate-cut hopes and corporate updates including Suburban Propane and Kewanee-Gulf Oil talks.
MENTIONED IN THIS ARTICLE
Pennsoil Offshore Gas
OTC
Pennsoil Co
Gulf of Mexico
Pennzoil
Louisiana
Texas
PLATO
Pennzoil Co
Frank W. Slusser
UPI
New York
Commerce Department
Kewanee Industries
Justice Department
Kewanee
Gulf Oil
Gulf
National Association of Securities Dealers
Bancorp Sets Share Offering Plan
Western Bancorp announced plans to file by mid July a registration statement with the Securities and Exchange Commission for an exchange of shares with minority stockholders of five banking affiliates. Directors approved using up to 650000 shares of authorized, unissued stock in the exchanges.
MENTIONED IN THIS ARTICLE
Los Angeles
Western Bancorp
Securities & Exchange Commission
Also Mentioned on This Page
Johannes Steel
Reserve Reserve Oil & Gas
United States
U.S
By Tom Goldstein
N.Y. Times News Service
Justin A. Stanley
American Bar Association
Maurice Rosenberg
Columbia University
St. Paul
Griffin Bell
Mlice
Wilbur H. Friedman
New York County Lawyers Association
Federal Reserve Board
Citibank of
Morgan Guaranty Trust
New York Stock Exchange
Standard & Poor
Los Alamos
ICARO
Ware
America
Eles
Jur
Collins Brothers
Royal Ridge
Rovail