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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 24, 1987
Page
9
A readable fragment lists numerous company names and stock figures with prices and percentage changes across sectors. It mentions IBM and Penn fields among others, reflecting a busy market page with mixed gains and losses, though many entries are incomplete due to OCR.
The page compiles 1987 dividend rates and stock figures for many firms including Squibb Sunoco Texaco and Textron, with notes on stock versus cash dividends, rates, and percentages. It also lists various stock prices, market indices, and a Dow Jones stock averages update with sector splits and special cases.
The compiled price table lists numerous stocks with bid and offer values from 10:30 to 11:30 a.m. on the New York and American exchanges. Entries include Exxon, Ford, General Electric, Coca Cola, IBM, Enron, Delta Air, Halliburton, and others with varying percentages and price indicators.
United Steelworkers win hearing before Judge Burton Lifland on restoring full supplemental pension payments for about 9,000 LTV Steel retirees after PBGC takeover cut benefits by up to 400 dollars monthly. Lifland notes prior tentative agreement blocked by local union leaders. PBGC opposes full restoration. Hearing resumes today.
The Senate Judiciary Committee backed a revision of bankruptcy law to shield retirees in company bankruptcies. It would place retiree benefits ahead of other unsecured creditors and require quick court rulings on benefit modifications. LTV Steel retirees would be reimbursed for medical costs incurred before bankruptcy. A House companion bill exists.
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