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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 06, 1995
Page
9
The report lists closing prices on the New York Stock Exchange for the 2000 most traded securities. It highlights diverse movers including Cytec, Giletti, Cabots, Endesa, Entergy, and several energy, chemical, and technology stocks with varying gains and losses.
Daily market roundup notes closing at 4343.40 down 16.26 with dates ranging from March 1 1995 to May 5 1995. It records highs and lows, including 4389.75 and 4310.55, and shows successive levels on May 1995.
In Tokyo consumers like Norio Hamaguchi see little savings from the strong yen as import costs, bread, clothing, and everyday items stay pricey. Despite some discounts on foreign goods, Japan's convoluted distribution, government controls, and price expectations keep living costs high for many, with minimal consumer activism.
FMC Corp began publicly soliciting Moorco International shares as part of a 223 million takeover offer at 20 dollars per share for all 11.1 million Moorco shares. Moorco, trading around 22 dollars, faced a delayed negotiation stance and a Delaware lawsuit alleging bad faith actions to block FMC from a sale process.
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