Home sales dip in January signals no economy threat
Washington AP reports new home sales for January fell to 688,000 on an adjusted annual basis from 748,000 in December. Analysts say the drop reflects seasonal adjustment quirks, with January still outperforming most months since 1978. Prices averaged 90,400 dollars, and mortgage rates may ease later in the year.
MENTIONED IN THIS ARTICLE
Washington
Pete Herder
National Association of Home Builders
New England States
U.S
South
Northeast
North Central
West
Michael Sumichrast
The
Home Builders
Auto stocks push market higher on Friday rally
The U S stock market rose broadly with gains in auto, drug, electronics and mining shares. Occidental Petroleum led volume by buying back 3 million preferred shares for 1114 each, a $233.38 million deal described as the exchange’s largest dollar-value transaction. The Dow gained 12.04 to 1171.48, posting a weekly net rise of 6.38. Volume totaled 108.27 million on the NYSE, with Gulf and Texaco among notable movers.
MENTIONED IN THIS ARTICLE
New York
NYSE
Occidental Petroleum
The
Exchange
Gulf
Texaco
American Telephone & Telegraph
Atlantic Richfield
Standard & Poor
S&p
American Stock Exchange
Final A-10 aircraft completed at Hagerstown plant
Fairchild Industries in Hagerstown Maryland said the final A-10 rolled off the line on February 1 and was accepted by the Air Force on February 26 ending production begun in 1975. The plant employed 705 workers now, down from 1600 last August as Fairchild shifts to find a new tenant while keeping the bonding facility.
MENTIONED IN THIS ARTICLE
Hagerstown
Rinehart
Goldratt
OPT
Bendix
Denis LeFevre
Howmet
Wilmington
N.C
South Carolina
Bob Fox
Credit surcharges limit on card purchases charted
The chart details charge expenditures outstanding from 1979 to 1983. Despite merchants gaining freedom to levy surcharges on credit card purchases, an Associated Press spot check on Friday found many retailers not using the option, fearing loss of business.
MENTIONED IN THIS ARTICLE
Associated Press
London bargain fares spark transatlantic price war
Two British carriers announce cut rate fares to London as low as 75 dollars one way from Kennedy to Gatwick, aiming to beat People Express. If approvals arrive, the plan would start April 1 1985 when the trans Atlantic airline moratorium ends.
MENTIONED IN THIS ARTICLE
Newark
London
People Express
British Caledonian Airways
Kennedy
New York
Gatwick Airport
U.S
Richard Branson
Virgin Atlantic
Gatwick
Israeli physicist trains U.S. companies to beat Japanese rivals
Moshe Eliyahu Goldratt and Creative Output Inc. based in Milford, Connecticut, market Optimized Production Technology to Fortune 500 firms including Bendix, Eastman Kodak, Ford, GE, GM, ITT, Scovill and Westinghouse. The goal is to raise U.S. plant utilization and reverse manufacturing decline while keeping work domestic.
MENTIONED IN THIS ARTICLE
New York
America
U.S
Moshe Eliyahu Goldratt
Milford
Producton Technaigy
GPT
Bendix
Eastman Kodak
Ford
General Electric
General Motors
ITT
Scovill
Westinghouse
Goldratt
OPT management system boosts efficiency across multiple plants
Industry executives tout Creative Output's OPT approach as a fix for cash flow and profitability. It reduced inventories, cut lead times, and raised turnover, with Bendix, GE, and others reporting gains. Proponents dismiss cheap foreign labor as the core issue, arguing better management can restore U.S. leadership.
MENTIONED IN THIS ARTICLE
Booz, Allen & Hamilton
OPT
Fox
U.S.A
U.S
Perini minority hiring review to begin next month
A federal investigator will start a probe into Perini Construction Co. and its efforts to hire minority workers on a federally funded project. The inquiry follows a complaint filed last year by the NAACP with the Hagerstown Housing Authority and city officials. Dominick Perini says the firm has pursued minority recruitment.
MENTIONED IN THIS ARTICLE
Hagerstown, Md
Perini Construction Co
U.S. Labor Department
Also Mentioned on This Page
Mark Riedy
Mortgage Bankers Association
Jack Carlson
Rational Association of Realtors
Commerce Department
Department of Housing and Urban Development
FMAN
US Commerce Department
Source
Federal Reserve Board
Promise Catering Plans
Frederick
Promise Catering Inc
N. Market St
Frederick Community College
Hartz & Co
Hughes Ford Road
John and
Ruth Tennant
New Market
Frederick County
Tennant
Hirshhorn Museum and Sculpture Garden
Louis Rakeyser
Dow Jones
Alg Py
Avemco Corp
Balt GE
Bandec
Bell Ath
le Black Dr
CS Corp
Clorox
Comsat
Exxon
Ie Fairchild Ind
F&m National
H Genex
GenStar
Heech
Undiga Hewl P
IBM
Kmart
Litton
Lowes
Mack Trk
Marriott Corp
MD Natl Cp
Mercantile
Bakshi Murphy
Ley Penney
Baker Watts & Co
Jeffery Deschamps
Amber Meadows
James Stewart
Laurance Kupperberg
William Radcliffe
Radiology
Ambers
Thomas Johnson Drive
Frederick, Md
ED Waters
Perini
IRA
Merrill Lynch
Sheraton Inn-Frederick
W. Patrick St
City
Merrill Lynch _ ch
Pete Fenser
Seth Tne Simith
Loe
SIPC
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