AMC Selling Money-Making Subsidiary REDISCO to Chrysler
American Motors reportedly advances its financial plan by selling Redisco, its profitable financing arm, to Chrysler. The board confirmed ongoing review with no decision yet. Redisco’s annual profit was estimated at 3 to 4 million dollars and priced over 9 million.
MENTIONED IN THIS ARTICLE
AMC
Detroit
American Motors
Ame Redisco, Inc
Chrysler
Chrysler Board
Lynn A. Towsend
Newsmen
Redisco
Papandreos in Military Hospital Ahead of Elections
Former Greek premier Andreas Papandreos, 66, once in conflict with King Constantine, is hospitalized after a feudal political flare up and remains active in politics. His Union party leads parliamentary polls set for May 2 as he is ordered to testify in a civilian probe of a leftist conspiracy against the monarchy. Papandreos reportedly retains his characteristic humor amid the turmoil.
MENTIONED IN THIS ARTICLE
Constantine
Greece
Papandreous
Parlie Jment
Andreas Papandreos
Aspida
Shield
VC Radio Proposes 2 Day Truce in Vietnam War
VC Radio reports that pro forces support South Vietnam's proposal for a two day halt in both ground and air operations. The move aligns with a Communist time plan to pause fighting and reposition troops in Vietnam.
MENTIONED IN THIS ARTICLE
VC Radio
Pro
Vietnam
South Vietnam
Homeless Hippies in Vancouver Receive Shelter Aid
In Vancouver British Columbia Verne Minow a 30 year old homeless hippie received a house after help from local activists. Residents celebrated the small shelter as a step toward stability amid city concerns over homelessness.
MENTIONED IN THIS ARTICLE
Vancouver
B.C
Weathering The Weather in Boston
An elderly woman phoned the weatherman asking how he parted his heir. The weatherman replied down the right side. She warned she would use a hickory cane on him if it snows again this spring.
MENTIONED IN THIS ARTICLE
Boston
Diamond International Reports Record First Quarter Earnings
Diamond International Corp in Wilmington reports first quarter earnings of 6,852,000 or 73 cents a share, up from 6,563,000 or 70 cents. Net sales for the first 12 weeks of 1967 total 90,577,000, up from 90,001,000. Chairman William H. Walters cites diversified sales as the key factor behind the improvement. The company notes 1967 earnings rise in all but two quarters.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Diamond International Corp
William H. Walters
Diamond International
Fon Walters
Walter
Four States Roller Meet Slated in Middletown
Four hundred roller skaters from Indiana Kentucky Virginia West Virginia and Illinois travel to Middletown on Sunday for a meet running from 6 39 a m to 10 39 p m Miss Margaret 72 retired is among those registered to compete in the event.
MENTIONED IN THIS ARTICLE
Indiana
Kentucky
Virginia
West Virginia
Illinois
Middletown
Miss Margaret
Reired
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