Student loan plan shifts stocks of Sallie Mae and Student Loan
The Clinton direct-lending proposal unsettles private lenders. Sallie Mae falls as Senate plan raises fees and narrows margins, while Student Loan rises on expected gains from consolidation. Analysts foresee short-term earnings pressure but differing outcomes for the two firms.
MENTIONED IN THIS ARTICLE
New York
Clinton
Student Loan Marketing Assn
Sallie Mae
Student Loan Corp
Citicorp
Student Loan
Congress
Pri
Vate Lenders
Lawrence
Kan
Student
Senate
Ana
Lysts
Wall Street
Senate Labor and Human Resources Committee
Treasury
Gary Gordon
Savings and
Paine Webber
Department of Education
Mets
David Hilder
First Boston
Hilder
Peter Treadway
Smith Barney
Omaha and St Joseph Hog and cattle quotations report
Omaha Livestock Market quotes show hog prices up to 50 higher for sows and 150 head to 49.50 for U S 1 38 220-270 lb, barrows and gilts mixed higher by 25-50 in 230-250 lb range. St Joseph pricing lists steady to higher sow weights and various hogs, with 1-3 230-270 lb at 48.00-48.50 and other weights around 46.50-48.00. Also NY stock market summary notes modest gains and notable moves in PepsiCo Costco Price, Delta, USAir, Zilog and Adobe Systems.
MENTIONED IN THIS ARTICLE
Hmatka
Ye New York
NYSE
Allied Signe Ae
Mobil
Gickhr
AN Monson
Morgan
FMC
Fourth Financial
Staan
Hercules
Kmart
Oakind
Chase
Kroger
PayCshn Mercantile
CiniMiil
Merck
Jessie
Bove Cu Hk Pfizer
CocaCt
PhuPat
See
ColgPal
JC Penney Seenavis
Sallie Mae
Ony Aim
Reebok
Santa Fe
Rowan
Seafield
Sears
Son
Trinova
DuPont
UtiliCorp
Ektoduk
K Sprint
Ehcor
Syntex
Wal-Mart
Botesbauen
Western Resources
TetMax
H Williams
M Ford
Woolworth
Edward D. Jones & Co
Watert
Omaha, Neb
USDA
Omaha
U.S
St, Joseph
New York Stock Exchange
American Stock Exchange
PepsiCo
Costco
Price Co
Price
AMA
American Airlines
Delta Airlines
Usair Group
Unemployment claims hold steady amid revision
Washington reports 344000 first time jobless claims for last week unchanged from prior. Four week moving average rose to 343250, the highest since May 8, while 347000 initial claims were revised down to 344000.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
RTC questions copying charges at Price Waterhouse probe
Washington investigators seek to learn why an accounting firm charged taxpayers 67 cents per photocopy and found the firm hired relatives of employees as subcontractors. The RTC inspector general uncovered wives sons and daughters of Price Waterhouse officials on the San Diego Home Fed Bank asset sale project. A spokesman said the number of relatives used was fewer than 15.
MENTIONED IN THIS ARTICLE
Washington
Resolution Trust Corp
Price Waterhouse
Productivity slips in first quarter with manufacturing gains
The Labor Department reports a 1.6 percent drop in overall U S worker productivity for January through March, the first decline in two years, while manufacturing productivity jumps 4.8 percent led by an 8.6 percent rise in durable goods plants.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
United States
Also Mentioned on This Page
By Andrea Adelson
N.Y
Times News Service
Gordon
Omaha Livestock
St. Joseph Livestock
Zilog
Adobe Systems
RTC
Impreza
Iene Air
Ie Bae
Lawrence Auto Plaza
Ela
Dept. of
Labo
Jerry Eckman
Pennzoil
Anes
GMC Sauraas
Vier TM Bane
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