Retailers optimistic as Willowbrook shoppers signal holiday season
Shoppers packed Willowbrook Mall in Wayne New Jersey marking a lively start to the unofficial holiday season. Retailers nationwide report a cautious but improving outlook with analysts predicting modest gains and a strong post Thanksgiving read on consumer demand.
MENTIONED IN THIS ARTICLE
Wayne
N.J
Willowbrook
Gary Yanosick
New York City
New York
Merrill Lynch & Co
Yanosick
Clinton's economic plan may aid investment
Wall Street bulls see potential in President-elect Clinton's economic program. Optimism rose after the election as health care reform and gradual policy effects lessen fears of deficits and inflation. Analysts note possible tax cuts for long term gains and a mix of market-driven and tax-raising steps shaping a centrist economic approach.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Clinton
Congress
Thomas Gallagher
Shearson Lehman Bros
Bush
Ethan Siegal
Washington
Prudential Securities
Hidden risks in CD alternatives during steady rates
The article questions the safety of CMOs compared with CDs and government bonds. It notes that while some tout triple A ratings and FDIC backing, guarantees are not absolute. Experts say CMOs lose value when rates fall or rise, while CDs offer principal return with penalties for early withdrawal.
MENTIONED IN THIS ARTICLE
Nolan
Olde Discount Brokerage
FDIC
Olde Discount
Ginnie Mae
Freddie Mac
Fannie Mae
Uncle Sam
CMO
Markese
Blake reshapes USF&G after taking helm from Moseley
New leadership at USF&G trims top executives and discards the corporate jet as Blake reshapes strategy. Once diversified into oil and gas and financial services, the insurer aims for steady recovery after $80 million in hurricane losses and a string of annual red ink. Wall Street views modest gains with analyst support while Blake foresees a three to five year path to industry leadership.
MENTIONED IN THIS ARTICLE
Blake
Usf&g
Jack Moseley
Moseley
Wall Street
New York Stock Exchange
Alan Zim
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Joyce M. Rosenberg
AP Business Writer
Steve Marotta
Johnson Redbook Service
Marotta
Janet Mangano
Burnham Securities Inc
Jeffrey Feiner
Feiner
Express
L.L. Bean Inc
Catharine Hartnett
Bean
Ms. Hartnett
Gap Inc
Uc. Penney Co. Inc
Kmart Corp
Sears, Roebuck & Co
Wal-Mart Stores Inc
Dayton Hudson Corp
May Department Stores Co. Limited Inc
Aso
Chet Carrier
Siegal
Hugh Johnson
First Albany Corp
Albany, N.Y
Bill Clinton
William J. Nolan
John Markese
The
American Association of Individual Investors
Cis
Mermann
Prudential Securities Research
Steven Gaines
Kidder, Peabody & Co
Blue Cross
Blue Shield of
Kansas
Topeka Ilva
W. Gth
Suite
Topeka
Lawrence
Alan Meier
Senian Group Consultan
Brad Ochsner
United Plastics Industries Rt
Springbald
Missouri
Carroll Atwood
Mtech Vex
Microtech Computers
Iowa ST. Dickinson Plaza
Mtech
Bos
Lotus Works
Sarga Protector Microtech Computers
SMH
Susan
Maine Street
Health
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