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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 01, 1979
Page
12
A dense list of stock quotes and indices flows across New York trading floors with numerous firms such as Chase Manhattan, Coca Cola, Dow Jones components, and various industrials. The page presents pre-market and intra-day price changes, percentage shifts, and a wide set of tickers, reflecting a busy session snapshot and urging readers to monitor latest movements.
More than 18 100 employees including 848 Strauss workers in the local area will share 5 817 000 from the May Department Stores profit sharing and savings plan tied to 1978 earnings. May reports 1978 retirement and plan expenses totaling 11 398 000, with 5 8 million attributed to retirement and 5 5 million to the profit plan.
W R Grace and Co. says first quarter 1979 sales reached 1.140 billion with net income 55.1 million up 56.2 percent. Earnings per share rose to 1.30 from 0.86. Results include a 17.053 million after tax gain from divestments. Grace notes strength in specialty chemicals and natural resources, with consumer lines flat. The company opened four home centers and 33 restaurants. The piece also notes Albania's 1946 proclamation of a People's Republic.
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