Bull market celebrates a birthday
New York marks ten years of a long rally as the Dow rose from a 1982 low to over 3,400 in 1996. The piece notes the 1987 crash, subsequent rebound, and the era’s inflation and interest-rate shifts, with economists split on the cause and future gains. It quotes Stephen Quickel and Greg Smith on cautious future prospects and the flow of money driving risks and potential profits.
MENTIONED IN THIS ARTICLE
New York
U.S
Wall Street
Stephen Quickel
U.S. Investment Report Advisory
Reagan
Bush
Federal Reserve
Bank
Quickel
Southwestern Bell, CWA reach three year contract deal
The union and Southwestern Bell Telephone Company ratified a three year agreement early Sunday, granting about a 12 percent wage rise and performance-based pay. Non management workers could add 200 to 300 dollars yearly with stock gains, and health and pension benefits were expanded. Health insurance costs rise modestly with unpaid child care leave, while the company maintains coverage for six months of such leave. Negotiations began in June with the union representing 38,500 members and the company serving over 9 million customers across five states.
MENTIONED IN THIS ARTICLE
Vic Crawley
Gary Lucas
Southwestern Bell Telephone
Southwestern Bell Co
Telephone Company
Omaha and St Joseph Livestock Quotes Lead Midwest Market Summary
Omaha and St Joseph market reports show steady to higher cattle and calf prices with slaughter steers and heifers up 4 to 5 dollars, heifers largely choice, and hogs uneven with barrows and gilts down about 50 cents. Slaughter lambs softer while ewes hold, and price ranges given across weight classes and grades. Local grain quotes list Midland Elevator wheat at 2.95 and corn at 2.00.
MENTIONED IN THIS ARTICLE
Omaha
Neb
USDA
U.S
Stock market dips as nervous mood weighs on trading
The Money Small Investor Index reports lower midday prices as investors grow cautious about the economy and bond market. The Dow slips 7.83 to 3,324.35 with light volume, while the Nikkei falls nearly 3 percent. Navistar and Storage Technology lead active lists amid company news and restructuring plans. IBM, Coca-Cola, and Citicorp show mixed moves. NYSE composite retreats 0.61. The AFL founded in 1886 in Columbus.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Navistar International
McDonnell Douglas Corp
Columbus
Ohio
Hewlett Packard
International Business Machines
Coca-Cola
Citicorp
NYSE
American Stock Exchange
Reservation systems spark airline reservation fight in Congress
In Fort Worth, travel agents adapt to changes in United and SABRE like systems as a House bill backed by Northwest Airlines and others aims to curb architectural bias and limit contracts. The proposal seeks to bolster Worldspan and System One, with a DOT rule pending and industry defenses citing investment and competitive balance.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
United Airlines
United
House of Representatives
James Oberstar
Dminn
Northwest Airlines
American Airlines
Northwest
Worldspan
Continental
American
Oberstar
Senate
Arizona
John McCain
Department of Transportation
SABRE
DOT
Bank IV expands into Oklahoma
Bank of Oklahoma and Fourth Financial Corp of Wichita agreed to acquire Sooner Federal Savings and Loan Assn for about 31.4 million dollars subject to regulatory approval. The deal splits 28 branches and 880 million dollars in deposits, with Bank of Oklahoma taking 19 Oklahoma locations and Fourth Financial nine Tulsa branches.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Bank of Oklahoma
Kansas
Sooner Federal Savings and Loan Assn
Fourth Financial Corp
Wichita
Kan
Sooner Federal
Oklahoma City
Enid
McAlester
Newkirk
Ponca City
Frederick
Fourth Financial
Bank IV
Kansas Bank
Oklahoma
Also Mentioned on This Page
Chet Carrier
Greg Smith
Prudential Securities
Jennings Wooldridge
Southwestern Bell
Missouri
Arkansas
Texas
OOH
Albisa
Amoco
Medad
Amre
Valen
Bellso
Aby
Viva Valet
leblAt
Isao Be
Chevin
Penney
Pfizer
Va Dillards
Bum Royld
Disney S Db
Sears
Mo DuPont
Exxon
Texaco
Filmate
Ford
Agia
Arcareo
Grace
WalMart
Welcom Nh
Midland Elevator
Lawrence
Omaha Livestock
St. Joseph Livestock
Allied Sig
Prienssaesaert
Fleming
Teesee
Es Fmc
Saeeeeseres
Hercules
ORL
Kmart
Seteenre
Kroger
Merck
Sabes
Uech
Jcpenney
Sallie Mae
Seafield
Ccceeseees
Trinova
Wal-Mart
UtiliCorp
Western Financial
Western Resources
Williams
Woolworth
Weenee Ene
Edward D. Jones Co
the Money Small Investor Index
The
American Federation of Labor
Ata
Bank Rate Monitor
BC/Donoghus's
Money Report
the Federal Reserve
Investment Company Institue
Lehman Bros
Lapper Analytical Services
Merril Lynch
Morgan Stanley
Capital
Ona!onal
Realsui Investory
Benual Asset Manageme
Standard & Poo Rebster Be Co
Weld -Gald Cornell
Max Hopper
AMR Corp
Northwest Twa
Delta
Apcarl Fox
Marketing Inc Information
Monterey
Sam Shepley
Zesinsupane
Dana Galliart
America
Stan Thompson
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