Executives plea to keep stock options
Executives from across the country gather in Stamford Connecticut for the first of six public hearings by the Financial Accounting Standards Board on stock options. The piece notes large protests by Autozone employees and questions whether options warrant expensing, with commentary on earnings impact and possible reforms.
MENTIONED IN THIS ARTICLE
Pineries
Stamford
Conseco Inc
Carmel, Inc
Elt
Leon C. Hirsch
U.S. Surgical
Turi Josefsen
Michael L. Davis
Chicago
Stocks of local interest wrapup tease
Stocks of local interest are noted with a prompt to read the complete market wrapup in Saturday's Journal-World, indicating forthcoming detailed figures and commentary. The notice directs readers to the newspaper for full quotes and analysis.
MENTIONED IN THIS ARTICLE
Journal-World
Financial Firms Reported in Money Fund Review
Sank Rate Monitor notes the Federal Reserve, Investment Company Institute, Merrill Lynch, Morgan Stanley, Prudential Asset Management and Standard & Poor Money magazine as key entities in the Money Fund Report. The brief outlines industry players and their roles in fund oversight and performance assessment.
MENTIONED IN THIS ARTICLE
Sank Rate Monitor
The
Federal Reserve, Investment Company Int
Merrill Lynch, Money Fund Report
Morgan Stanley Capital Intervestment Trusts
Prudential Asset Management, Standard & Poor
Midland and Omaha market notes mixed across grains and livestock
Market snapshots show Midland Elevator price quotes for wheat 3.45, corn 2.74, milo 4.46, soybeans 6.65. Omaha Livestock Market reports hogs lower, cattle and calves steady to down, with detailed price ranges for barrows, sows, steers, and heifers.
MENTIONED IN THIS ARTICLE
Midland Elevator
Lawrence
Omaha, New
Uspar
Omaha
U.S
St. Joseph
St. Joseph, Mo
Investor's waiting game amid market correction
Analysts urge patience as stocks slide with Dow dips and a broad pullback. Gail Dudack of S.G. Warburg expects a two month correction toward 3600 and sees some durable earnings growth despite the pullback.
MENTIONED IN THIS ARTICLE
Tokyo
Wall Street
Gail Dudack
G. Warburg
William E. Dodge
Dean Witter Reynolds Inc
Dow
Dudack
Dodge
Regulators Back $20 Million Met Life Fine
State insurance commissioners endorsed a $20 million penalty for Metropolitan Life Insurance Co. Regulators said Met Life let sales agents misrepresent life policies as retirement plans, deceiving tens of thousands of customers. Florida’s Tom Gallagher called the conduct horrendous. Met Life disputed the proposed amount.
MENTIONED IN THIS ARTICLE
Denver
Metropolitan Life Insurance Co
Met Life
Florida
Tom Gallagher
MetLife
MetLife faces proposed $20 million fine plan
Insurance regulators propose MetLife pay $20 million in fines shared among 40 states plus $7.5 million for customer refunds or monitoring. MetLife would refund up to $76 million to as many as 60,000 customers. NAIC panel urges action, noting lack of direct enforcement authority. Gallagher calls the move a warning for the life insurance industry.
MENTIONED IN THIS ARTICLE
Met Life
MetLife
The
Times
Gallagher
National Association of Insurance Commissioners
NAIC
Defense giants Martin Marietta Grumman plan $1.9 billion merger
Martin Marietta and Grumman boards approve a $55 per share cash offer to merge, creating a company with over $13 billion in sales. The deal, facing federal antitrust review, aims to strengthen defense contracting and aerospace electronics capabilities.
MENTIONED IN THIS ARTICLE
Bethesda, MD
Martin Marietta Corp
Grumman Corp
Martin Marietta
Grumman
Norman R. Augustine
Martin
Aerospace Industries Assn
Also Mentioned on This Page
Wanatimicos
Feless
Sense News
Allied Sig
Applebee’s
O'Reilly Auto
Buckle Inc
JC Penney
Casey’s Paeseee
Pepsico
CommBancsh
Quaker
Dayton-Hud
Fleming
Sallie Mae
FMC Secon AB
Santa Fe
Unc
Sears
Sealright
Goodyear
Hercules
Sthwest Bell
Kmart Essees
TRW
Kroger
Trinova
Labone Oesceneanseree
Lone Star Sticks
UtiliCorp
Wal-Mart
Mayannes
Western Res
Mercantile
Williams
Merck
Woolworth
Edward D. Jones & Co
Money Magazine
the Money Small Investor Index
Cds Money
NYSE
Ittute
Lehman Bros
Lipper Analytical National
National Association of Rea’ “S
Robert Stanger & Co
World Gol
Omaha Livestock
Dodge City Livestock Dobce Crry
Kansas
New York
London
Comex
N.a
Handy & Harman
Mercury
N.Y
Commerce Bank of
Kansas City
Commerce Bank
Canada
France
Germany
Great Britain
Italy
Japan
Mexico
Switzerland
S.G. Warburg
Dudac
Charles Lahner
New York Times
Defense Contractors Plan Merger
NASA
Benso L. Caporali
Bethpage, N.Y
Treasury
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