SEC hearings probe corporate governance and accountability
The SEC is reexamining proxy rules and board selection to boost shareholder power and transparency. Hearings across Washington Los Angeles New York Chicago involve executives, academics, and public interest groups debating disclosure of director qualifications, management remuneration, and social issues.
MENTIONED IN THIS ARTICLE
SEC
Washington, D.C
Los Angeles
New York City
Chicago
South Africa
Washington
Joel Seligman
Northeastern University Law School
American Society of Corporate Secretaries
Commission
Harold M. Williams
Field Enterprises Inc
Law fight over sale of Hollywood Burbank Airport
Homeowners groups sue to block use of 35.5 million in federal funds for the private airport sale to Burbank Pasadena and Glendale. They warn environmental review is missing and fear traffic could rise from 40 to 240 daily flights as Lockheed plans to exit if not purchased. A state suit and federal action seek to halt the sale with a trial set for Nov. 23.
MENTIONED IN THIS ARTICLE
Los Angeles
Hollywood- Burbank
District
U.S. Transportation Department
Lockheed Corp
Burbank
Pasadena
Glendale
San Fernando Valley
Lockheed
Brock Adams
North Hollywood
Sherman Oaks
Studio City
Sun Valley
van Nuys
Sabich body tests denied as family seeks details
Aspen Colorado AP reports the Sabich family was denied access to blood and urine test results from Vladimir Spider Sabich’s body. District Attorney Frank Tucker called public release potentially harmful to his memory while noting Longet received a 30 day term for negligent homicide after claiming an accidental gun discharge during ski resort teaching sessions.
MENTIONED IN THIS ARTICLE
Aspen
Colo
Vladimir
Spider) Sabich
Dist
Atty
Frank Tucker
Sabich
Claudine Longet
Composite stock table notes and dividend symbols explained
Footnotes explain composite market tables from eight markets and how to read price indicators. Dividends are listed with letters indicating cash, stock, or special rates and whether paid in 1976 or 1977.
MENTIONED IN THIS ARTICLE
StarLink
Stardust Inc
Ov Steelmt
Stevcoknit
Vaan
Ds Stpcp
Summit Org
SunAir
SundOll
Sun Elec
Susque
Susaeh
TelexCo
Tenneco
Tetra Tech
UIP
ValleStk
Vaimac
Veeco 2A
Veritron Cp
Vesely Co
Viatech Inc
VircoMf
Wey Ion
WashRi
Byat
Wells Borus
WestCh
WestFin
Whitehal Cp
Whitaker
Worcester C
Wrathr
Wright
WUI Incrp
Wynnsin
ZimmHo
NYSE
A- Amex
Boston
Cincinnati
g-Nash
P- Pacific
u-Midwest
X- Philadelphia
Pilus
Omaha and Sioux City Livestock Market Report
Omaha and Sioux City livestock markets show hogs and cattle moving with steady to firm prices in mixed activity. U.S. 1-3 200-240 lb hogs trade around 41.00-41.50, 1200 lb steers at 43.75, and cows 23.00-26.00 with various loads of choice and prime cattle and heifers. Sioux City reports 7,000 hogs and 3,200 cattle with slight price dips for butchers and higher readings for steers and heifers, Kansas City notes higher slaughter steers and heifers and mixed hog movements.
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Omaha, Neb
Omaha
U.S
Neb
USDA
Sioux City
Iowa
Choice
St. Joseph ST. Joseph, Mo
Kansas City Kansas City
Lhan
Chicago
Apy Tures
Chicago Mercantile Exchange Ace
Chicago Board
Chicago Apy
WBF Ain Futures
Cdairs
Peoria
Kansas City
East St. Louis
Con St Joseph
South St. Paul
Indianapolis
Cincinnati
Fort Worth
Banks hiking prime rate amid White House warning
Banks raised prime rates from 7% to 7%4% after Citibank's move, while a White House warning warned higher short term rates could hurt the economy. Across Chicago and midwest markets, soybeans, corn, and wheat futures rose on speculative buying and weekend rains easing harvest pressures. Prices and cash grain ranges varied by region with daily quotes from Lincoln, Chicago, Kansas City, and Denver markets.
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New York
Citibank
White House
Chicago
Chicago Board of Trade
Midwest
Lincoln Area
Lin’coln
Eee
AT&T plans public offering of 23 million shares
American Telephone & Telegraph Co. announced a public offering of 23 million common shares valued at about 723 million dollars at 60.25 per share. The issue, expected around November 9, will fund redemption of roughly half of the 30 year 842 percent debentures due May 15, 2000. Senate studies shale oil extraction option could cost billions but might yield a long term supply, while Ralston Purina and Fuji Oil announce Fuji Purina Protein Ltd to market soy proteins in Japan.
MENTIONED IN THIS ARTICLE
At&t
New York (Ap
American Telephone & Telegraph Co
New York Stock Exchange
Senate
Washington
Rocky Mountains
Herman Talmadge
D-Ga
U.S
Soybean Venture
St. Louis
Ralston Purina Co
Japan
Fuji Oil Co. Ltd
Osaka
Fuji Purina Protein Ltd
Tokyo
Ralston Purina
Ralston
Fuji Oil
Tips on crime detection in small businesses
Price Waterhouse outlines clues to detect embezzlement in small firms. Slow accounts receivable collections, unusual bad debt writeoffs, unrecorded sales or customer payments, unexplained expense spikes from duplicate checks, and inventory shortages may signal misappropriation rather than economic conditions.
MENTIONED IN THIS ARTICLE
Price Waterhouse
Metals Prices in New York Market Report
Nonferrous metal prices in New York show copper around 605 cents a pound, lead at 31 cents, zinc at 31 cents, with gold at 161.45 dollars per ounce and silver at 4.77 dollars per ounce. Copper and other metals priced for U.S. destinations, with delivered rates and nominal liver price noted.
MENTIONED IN THIS ARTICLE
New York
U.S
Stocks Down Across Markets As Rates Rise
New York stocks drift lower amid rising interest rates as banks lift their prime rate to 7 percent. Investors weigh disappointing third quarter earnings and modest GNP growth while the Dow falls to 806.57 and the NYSE composite slides to 50.47.
MENTIONED IN THIS ARTICLE
New York
UPI
Citibank of
Federal Reserve Board
Dow Jones
Dow
Cadillac recall covers 133000 cars over fuel hose fires
Detroit General Motors recalls 133000 Cadillacs built since 1975 to fix fuel hose leaks linked to at least 100 engine firesinjuries to seven people. The recall includes 111000 Seville models and 22000 Coupe DeVille and Eldorado cars with electronic fuel injection. Cadillac notes injuries are minor and urges drivers to pull over and exit safely if a smell of smoke or gasoline is detected.
MENTIONED IN THIS ARTICLE
Detroit
UPI
General Motors
Cadillac
Miami
New Orleans
Tacoma
Wash
Trudeau urges harder work to lift economy and invites jobs
Ottawa reports Prime Minister Trudeau says the economy won t improve until Canadians work harder and factories boost productivity. He announces a new 150 million federal investment in job creation to reduce unemployment, adding to 450 million previously set for make work projects.
MENTIONED IN THIS ARTICLE
Ottawa
Trudeau
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