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New Castle News in New Castle, Pennsylvania

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Newspaper

New Castle News

Location

New Castle, Pennsylvania, United States of America

Date

Jun 17, 1987

Page

19

Wall Street stocks mixed as NYSE closes fractional gains

Nationwide NYSE listed stock prices show varied moves with notable gains for Amoco Amex and CocaCola while Exxon and IBM post solid gains. The table lists numerous firms including AT&T, Chrysler, Chevron, and Boeing among others, reflecting a broad market with muted overall direction and several double-digit percentage changes.

Eeces New York UPI New York Stock Exchange Coma Kansas AbbotLb Allis Chaim Alcoa AMAX Hess AMI Ameritch Am Motors Astores At&t Ametek Amoco Armco Asarco Arco En Atlas Avnet Ja Tall Gitsi BankAmer Beth Steel Bevng' S Pliva Aw Black&o Boeing BorgWarn BostEd Briggs

Takeover by Posner probed in SEC inquiry

SEC investigators probe Victor Posner’s takeover of Fishbach Corp as part of the insider trading scandal. The Review cites a subpoena of Fishbach records on the change in control after Posner’s October 1985 move to chair. Boesky pled guilty to a related April 23 charge tied to his Fishbach stock trades.

Miami UPI Securities and Exchange Commission Victor Posner Fishbach Corp Wall Street the Review South Florida SEC Fishbach Posner Miami Beach Ivan Boesky Boesky U.S A.R. Manville Manville Wall Street Journal New York Drexel Burnham Lambert Inc Pennsylvania Engineering (Corp

Citicorp to exit South Africa sell unit to First National Bank

Citicorp will withdraw from South Africa due to lending constraints and sell its South Africa subsidiary Citibank N A Ltd to First National Bank of Southern Africa for about 39 million dollars. The deal expected to close June 30 as Citicorp cites regulatory limits and a difficult operating environment. Citicorp to receive about 130 million rand depending on exchange rates, with remaining context noting other U S banks pulled out recently and Ford's partial divestment in South Africa.

New York UPI Citicorp South Africa U.S United States First National Bank of Southern Africa Ltd Citibank N.A. Ltd Cathy Bowers Responsibility Research Center U.S. Bank Ncnb Corp Charlotte N.C Chase Manhattan Corp Ford Motor Co South African Motor Corp Ford Anglo-American Corp

GNP Rises in First Quarter 1987 Despite Profit Dip

The Commerce Department reports a 4.8 percent rise in gross national product for the first three months of 1987 driven by exports and inventory gains, revising prior inflation adjusted growth from 4.4 percent. Corporate after tax profits fell 3.9 percent January through March, not 5.5 percent as first reported.

Washington UPI America Commerce Department

Stocks and Dividends From Composite Market Table

A dense listing shows dozens of corporations with bid prices, volumes, and percentage changes from multiple markets. It includes Amex, Boston, NASD and Philadelphia trades, with notes on dividends, splits, and ex-dividend statuses for companies such as SCANA, Textron, Unisys, Westvaco, and Warner.

Willco Wiwrth Amex Boston Cincinnati P- Pacific

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