Gillette deal could boost Cincinnati image and economy
Procter & Gamble proposed to acquire Gillette Co. for 57 billion dollars, creating the world’s largest consumer products company and potentially lifting Cincinnati’s business image and regional economy. Analysts estimate a 200 billion dollar market cap for the merged group, with Gillette brands joining P&G’s Tide Crest Pampers lineup, and local firms forecasting cross river benefits.
MENTIONED IN THIS ARTICLE
Cincinnati
Procter & Gamble Co
Gillette Co
P&g
Gillette
John Ryan
Morgan Keegan Financial Advisers
Ohio River
Covington
Ryan
Bill Butler
Corporex Cos
Corporex
GM to make safety features standard by 2010
GM announced at the NADA convention in New Orleans that OnStar will be standard on all vehicles in 2007 and electronic stability control on all GM SUVs and vans by 2007, with cars and trucks by 2010. North America President Gary Cowger touted the safety benefits while declining to discuss costs.
MENTIONED IN THIS ARTICLE
New Orleans
General Motors Corp
OnStar
National Automobile Dealers Association
GM North America
Gary Cowger
Cowger
SBC to Acquire AT&T for 16 Billion in Cash and Stock
Report says SBC Communications plans to purchase AT&T Corp for about 16 billion dollars in cash and stock. Shareholders would receive around 15 billion in SBC stock plus a 1 billion special dividend. AT&T CEO David Dorman would become SBC president while Edward Whitacre Jr. stays chairman and CEO. Dorman and two AT&T directors would join SBC board.
MENTIONED IN THIS ARTICLE
New York
SBC Communications Inc
At&t Corp
Wall Street Journal
SBC
Walt Sharp
Associated Press
Sharp
At&t
Jim Byrnes
David Dorman
Edward Whitacre Jr
Dorman
Behind Closed Doors Greenspan Chairs FOMC Meetings
The Federal Open Market Committee meets eight times yearly in a stately room to set U.S. interest policy. Greenspan leads sessions with staff reports from Greenbook and Bluebook, followed by votes and a catered lunch amid formal attire and discreet voting cues.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Greenspan
C-Span
Demeter
Fed
U.S
Federal Reserve System
Federal Open Market Committee
United States
Alice Rivlin
Rivlin
William Poole
Federal Reserve Bank of St. Louis
Poole
Meyer
FOMC
New York Fed
Timothy Geithner
St. Louis
OPEC Keeps Output Ceiling Unchanged In Vienna
OPEC said Sunday that oil prices near $50 per barrel would stay high through spring as the 11 nation group kept its production ceiling at 27 million barrels daily. Iraq overproducing by 500,000 bpd. Kuwait leader Ahmad al Sabah sought flexibility before the March 16 Iran meeting to adjust output if needed.
MENTIONED IN THIS ARTICLE
Vienna
Austria
OPEC
Iraq
Sheik Ahmad Fahd al-Ahmad al-Sabah
Organization of Petroleum Exporting Countries
Iran
Al-Sabah
Europe
North America
Also Mentioned on This Page
Greens
Pan
Laurence Meyer
Open Market
Research and Statistics
International Finance
Federal
Ahmad Fahad al- Ahmad Al-Sabah
Ronald Zak
IRS
Professionain Tax Service
Central Ave
Middletown
Butler Tech
Monroe
Butler Tech Natural Science Center
The
Natural Science Center
MacReady Avenue
Ohio
Dan Schroer
Schroerd
Butlertech. Org
Matt Smith
Smithm
Butlertech
Hamilton-Middletown
Fairfield Township
Butlertech.org
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