Bull market roars into 1994 amid global gains
As 1993 closes, Wall Street and markets worldwide reach new highs in stocks and bonds. Analysts expect steady growth with low inflation, though a future bear or a slow fund outflow remain possible. Commodity prices spike and gold rebounds while oil declines.
MENTIONED IN THIS ARTICLE
Wall Street
Standard & Poor
Mexico
Canada
Hong Kong
Singapore
Indonesia
Brazil
Japan
U.S
Federal Reserve
Europe
Richard Hoey
Dreyfus Corp
Midwest
Morgan Stanley
Byron Wien
China
Thomas Medcalf
IDS Mutual
Changes in assets for American investors in 1993
The article notes that the average investor's portfolio value is set by total assets held by Americans divided by the number of U S adults. It cites sources including Bank Rate Monitor Federal Reserve Investment Company Institute Lehman Bros Lipper Analytical Services Merrill Lynch Morgan Stanley S&P Hubert Stanger Co World Gold Council and MONEY magazine.
MENTIONED IN THIS ARTICLE
U.S
Federal
Husene Investment Company Institute
Lehman Bros
Lipper Analytical
Meri Lynch Mercy Fue
Morgan Stanley Capital International
National Association of Real Estate Investment Trusts
Prudential Asset Management
Standard & Poor's
Hubert Stanger & Co
World Gold Course
Defense urged as mutual fund investors face 1994
Mutual fund managers warn of a tougher year with limited market gains and potential declines. John Neff of Windsor Fund predicts possible aggregate losses, while others advocate a disciplined approach, diversification, and steady investing. Growth supporters urge earnings growth plays amid cautious stock selection.
MENTIONED IN THIS ARTICLE
Jeff Cardon
Wasatch Advisors Inc
Salt Lake City
Local Stocks Price Update Prompts Journal-World Call
A local stock notes line urges readers to dial a number for the latest quotes and to enter stock market updates. It mentions a forthcoming market wrapup in Saturday's Journal-World.
MENTIONED IN THIS ARTICLE
Journal-World
Botton
Journal-World Access
Livestock market updates from Dodge City and Kansas City quotes
Ascot this morning reports mixed cattle feeds and quotes with hog and sow prices. Market notes show cattle futures and livestock rates across regions, noting interbank trade references and currency unit cautions for retail conversions.
MENTIONED IN THIS ARTICLE
Commence Bark of
Kansas City
Federated moves to create largest U.S. retailer
Federated Department Stores Inc. plans a near half billion dollar move to acquire half of Prudential's secured Macy's claim as part of a bankruptcy reorganization. The Cincinnati company aims to take over R H Macy Co, a step that could form the nation's biggest retailer though approval is not assured.
MENTIONED IN THIS ARTICLE
Cincinnati
Federated Department Stores Inc
R.H. Macy & Co
Federated
Prudential Insurance Co. of America
Prudential’s
Macy’s
Federated’s
Macy
Federated Macy’s merger eyed as industry reshapes retail
Federated Department Stores and Macy’s discuss a possible merger uniting a range of brands including Bloomingdale's and Burdines under one umbrella. The deal faces creditor and court approval, with Federated paying 109.3 million cash and acquiring options on remaining claims. control and timing remain uncertain as Macy’s reorganization proceeds.
MENTIONED IN THIS ARTICLE
Federated Department Stores Inc
R.H. Macy & Co
S Who’s Who
Macy's
Bullock's
J. Magnin
Aeropostale
Charter Club
Federated’s
Bloomingdale’s
Abraham & Straus
the Bon Marche
Burdines
Goldsmith’s
Jordan Marsh
Lazarus
Rich’s
Stern’s
Xerox X-Note portable copier debuts with battery power
Xerox introduces the X-Note a four pound egg carton sized copier that runs on rechargeable batteries and prints on plain paper with laser printer quality. It uses a film cartridge replacing toner. each cartridge lasts about 20 copies and three cartridges cost around $10.
MENTIONED IN THIS ARTICLE
Xerox Corp
Xerox
Market error duplicates prior week report
Transmission error caused Saturday market listings to repeat the previous week's data. Readers desiring the correct listings should contact the Journal-World business desk at 832-7165 for a corrected copy. The Journal-World regrets the error.
MENTIONED IN THIS ARTICLE
Journal-World
Journal-World Business Desk
Construction Outlays Rise for Seventh Straight Month
Washington AP reports construction spending rose 1.8 percent in November marking the seventh monthly gain. Total outlays reached 497.7 billion at an annual rate, with residential up 3.3 percent. Mortgage rates eased to 7.16 percent for 30-year fixed loans in November despite a prior 25-year low.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Federal Home Loan Mortgage Corp
Also Mentioned on This Page
Bull Market Thunders
BIA Ml
Money Magazine We
Sirll
Cutegor Se
Nyse Ase
OTC Equity
Wicbsa
Money Funds
N.Y. Times News Service
John Neff
Lion Windsor Fund
Neff
Dow Jones
Rel
Allied Sig O'Reilly Auto Applebee
JC Penney
Buckle Inc
Pepsico CommBancsh
Quaker
Dayton
Sealright
Hercules
Sears
Kmart
TRW
Kroger
Trinova
Lone Star Sticks
UtiliCorp
Wal-Mart
Mercantile
Western Res
Merck
Williams
Woolworth
Nail Pizza
Edward D. Jones & Co
Ascot
Lawrence
Omaha Livestock
Nero Gah
Dodge City Livestock
France
Germany
Great Britain
Italy
Questrom
Allen Questrom
America West
America West Board
Michael Conway Friday
A. Maurice Myers
Aloha Airlines
William A. Franke
Securities Data Corp
United States
Treasury
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