Wall Street Divided Over Coca Cola Stock Prospects
Investors see mixed signals as Coca Cola faces earnings and volume concerns amid foreign currency and slow overseas markets. Dean Witter and Oppenheimer trim targets while Drexel Burnham keeps Coke on Buy and Pepsico on neutral, with Value Line favoring Pepsico for the year ahead.
MENTIONED IN THIS ARTICLE
Coke
Frazzano
Dean Witter
Wall Street
Drexel Burnham Lambert Inc
Drexel
Pepsico Inc
Oppenheimer
Pepsico
Merrill Lynch
Value Line
Coca-Cola Co
Inventor finds big break after fractured leg
Chicago AP report profiles Bob Kirk a 54 year old inventor who broke his leg in three places while slipping on ice in March 1980 and then developed a cast cutter guard now sold to Stryker Corp. The guard fits most cast cutters reduces plaster dust and cutting injuries earning royalties and a 2000 retainer. Kirk claims to have patented 50 items mostly toys and is pursuing new ideas while noting Pepsico’s snack division may soon outpace beverages as a top profit center.
MENTIONED IN THIS ARTICLE
Chicago
Bob Kirk
Kirk
Stryker Corp
Kalamazoo
Mich
Stryker
Kansas professor joins Standard Mutual Life board
A Kansas University business professor Maurice Joy has been elected to the board of directors of Lawrence based Standard Mutual Life Insurance Co. Joy teaches finance cost of capital and securities valuation and authored a financial management textbook. TRW Inc Lawrence plant reports higher second quarter sales earnings.
MENTIONED IN THIS ARTICLE
Kansas University
Standard Mutual Life Insurance Co
Maurice Joy
Kansas Power and Light Co. Board of Directors
TRW Inc
Lawrence
TRW
Lawrence Trw
Conoco Takeover Draws Wide Attention in Energy War
New York To date the bid battle for Conoco Inc. has drawn in executives from Drexel Burnham Lambert and Harvard business historians as Mobil, Du Pont, and Seagram push a multibillion dollar offer. Analysts say Wall Street’s energy stock selloff and antitrust signals shape the bids while experts warn of possible management strain for the eventual winner.
MENTIONED IN THIS ARTICLE
New York
Conoco Inc
I.W. Burnham
Drexel Burnham Lambert Inc
du Pont
Alfred D. Chandler
Harvard University
Donald R. Sloan
Peat, Marwick Mitchell & Co
Mobil Corp
E.I. du Pont de Nemours & Co
Seagram Co. Ltd
Conoco
George M. Whitmore
Ayers, Whitmore & Co
Wall Street
W. Michael Blumenthal
Treasury
Carter
Mobil
Washington
Blumenthal
Burroughs Corp
Congress
United States
Bernard J. O’keefe
Eg&g Inc
Dome Petroleum Ltd
OPEC
O’keefe
Energy Department
Department of Defense
Seagram
Smith Corona Typetronic introduces first electronic office typewriter
The Smith Corona Typetronic is pitched as the first electronic office typewriter priced like ordinary electrics. It offers memory correction for errors, an ultrasonic keyboard to identify touched letters, and programmable page formats with adjustable margins indents and tab stops. It emphasizes reliability and a touch typists favor.
MENTIONED IN THIS ARTICLE
Smith-Corona
Typetronic
Also Mentioned on This Page
Julian Gonzalez
Bob Nitcher
Ottawa
Ninth
Massachusetts
Nitcher
Star Signs
Coca-Cola
Vartanig
G. Vartan
N.Y. Times News Service
Lawrence Adelman
Dean Witter Reynolds Inc
AR Eane
Eudora Lumber Co
Cerli
Casbah
U.S
Wyoming
Bella Vista
Calif
Ity
Dexan Company, Inc
Public Lands Division
Livona Lane
the Dexan Co., Inc
Thomas C. Hayes
N.Y
Times News Service
Trane ~& CO. Inc
Finn
Topeka
Mass
Total Office Products
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