Gambling stocks drive market roar amid Atlantic City bets
The market buzz centers on gambling stocks led by Resorts International and Bally Manufacturing with Atlantic City ties, as shares surge while traditional indicators like S and P list high-growth names. S&P notes many such firms offer strong earnings potential though caution remains on purchases.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Resorts International
Atlantic City
N.J
Bally Manufacturing
Atlantic City Electric
Standard & Poor's
Today in History June 27 1978 Highlights Across Time
On this date June 27 events span 1844 Mormon leaders Joseph and Hyrum Smith die in Carthage Ill and Brigham Young leads the LDS Church. Truman orders Air Force and Navy to aid in Korea 1950. Other notes include telegraph link 1847 NY Boston, 1893 NYSE crash, 1942 FBI captures eight Nazi saboteurs, 1943 Allied bombings Athens, 1947 Nixon arrives in Moscow, 1968 Ray denial of MLK shooting, 1973 Nixon veto Cambodia bombing, 1977 Supreme Court on attorney fees, Gandhi quote.
MENTIONED IN THIS ARTICLE
Associated Press
Harry Truman
U.S. Air Force
Navy
South Korea
Joseph and
Hyrum Smith
Carthage
Ill
Brigham Young
Church of Jesus Christ of Latter-day Saints
New York
Boston
New York Stock Exchange
FBI
Long Island
Athens
Greece
Richard Nixon
Moscow
Leonid Brezhnev
James Earl Ray
Britain
Martin Luther King Jr
U.S
Ray
Cambodia
U.S. Supreme Court
Mohandas Gandhi
Kemp Gains Fame As Tax Reform Voice After Prop 13
Editorial notes Rep. Jack Kemp rises as a top speaker on tax cuts following California Prop 13. Kemp advocates a 30 percent federal income tax cut over three years and has attracted numerous speaking invitations, with GOP supporters promoting his plan nationwide.
MENTIONED IN THIS ARTICLE
Martha Angle
Robert Walters
Washington
NEA
Jack Kemp
R-N.y
California
Kemp
Buffalo Republican
Congress
Jeffrey Bell
Ronald Reagan
Clifford Case
New Jersey
New York Senate
Jacob K. Javits
Barbara Walters
Still eyeing the Senate by Atlanta Mayor Jackson
Atlanta Mayor Maynard Jackson weighs a future Senate bid while not challenging incumbent Sam Nunn this year. Friends say he may face Herman Talmadge in 1980 if Talmadge runs again, a match that could make Jackson the first black U.S. senator from the South this century.
MENTIONED IN THIS ARTICLE
Atlanta
Maynard Jackson
Sam Nunn
D-Ga
Jackson
Herman Talmadge
Talmadge
U.S
GOP tax revolt gains traction in 1978 campaign
GOP leaders push the tax revolt as a national issue with Kemp Roth tax cuts. They urge candidates to center campaigns on broad tax relief, citing the Laffer curve theory. The RNC plans a half hour tax and inflation film for summer airings.
MENTIONED IN THIS ARTICLE
Washington
Nea
Associated Press
NBC News
California
Congress
Kemp-Roth
Jack Kemp
R-N.y
William Roth
R-Del
Arthur Laffer
RNC
Republicans eye inflation tax as national campaign weapon
GOP strategists weigh a nationwide push around taxes and inflation to boost candidates this fall. A planned 1978 blitz faced doubt from Senate Minority Leader Baker, with some leaders wary of Washington dictating local campaigns. Still, several say the issue could offer an offensive edge despite incumbency advantages favoring Democrats.
MENTIONED IN THIS ARTICLE
RNC
GOP
Congressional
California
GOP National Committee
Republican Congressional Campaign Committee
Republican Senatorial Campaign Committee
Senate
Howard H. Baker Jr
Baker
National Party
Hawaii
Maine
Washington
Steven Stockmeyer
Congressional Campaign Committee
White House
Congress
Prisoners in Turkish jails factor in U S arms ban shift
Jack Anderson reports Carter aims to lift the embargo on Turkey to aid five Americans jailed there. A prisoner exchange with Bolivia is proposed, but Turkish officials drag their feet. Joe Spear's Turkish tour reveals harsh conditions, mafia influence, and consular visits as talks continue.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Carter
U.S
Turkey
Congress
United States
Mexico
Canada
Bolivia
Joe Spear
Spear
Ankara
Mustafa Yucel
New York University
Yucel
Midnight Express
Billy Hayes
Istanbul
Sagmakilar
Bayrampasa
Middle East
Michael Ray
Little Rock
Ark
Ray
Syrain
Sagamalilar
Also Mentioned on This Page
Acme-Cleveland
S&p
Prime Computer
Whittaker Corp
Amdahl Corp
Boeing Co
Ennis Business
Falcon Seaboard
GCA _ Corp
Gardner-Denver
Itek Corp
Pueblo International
Rapid-American
Southeast Banking
Standard Oil
Ohio
Storage Technology
United Inns
Africa
Latin America
Conference Board
Europe
ETA Fort Worth Star-Telegram
Hulme
By Gill Fox
Martha Angle and
Meray
Fes
Alvin
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