Market dips as Dow slides amid inflation worry
New York markets stay weak as inflation concerns linger after Fed remarks. Dow Jones industrial average falls 2.35 to 814. The NYSE composite slips 10 to 16,495 amid thin volume of 10.38 million. Canadian oil issues rebound lift NYSE value index up 1.33 to 32.06 as several names tumble on earnings news.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Arthur P. Huith
William Nelson
Moody's Investors Service
Kisor
Paine
Webber, Jackson & Curtis
Wall Street
New York Stock Exchange
American Stock Exchange
Imiex
Cenen, Inc
Mgic Investment
Barron’s
Capital Cities Communications
Sota
Canada to seize two foreign aircraft firms
Ottawa confirms plans to take over two foreign owned air firms, Canadair and De Havilland Aircraft of Canada, after heavy government spending. Industry minister Alastair Gillespie says the move aims to preserve Canadian control, with bids invited within 90 days. Government to set up an interim board and trusteeship, with company controls transferred within 40 days of notice.
MENTIONED IN THIS ARTICLE
Ottawa
URT
Lyd
Alastair Gillespie
Industng, Tree and Commerce
Causdair Ltd
General Dynamics Corporation of
St. Louis
de Havilland Aircraft of Canada Ltd
Hawker-Siddaley of
London
Fingland
Canadair
de Havilland
de Savilland
Toronto
Cananair
Caviervile, Que
Gilespis
Chevrolet extends Vega engine warranty to cover overheating
General Motors Chevrolet division will take responsibility for repairs on aluminum Vega engines potentially damaged by overheating. The policy, affecting over 15 million Vega cars, extends the warranty indefinitely for overheating not caused by the owner. A cooling overflow kit and a new metal basket are being added to prevent future engine failures.
MENTIONED IN THIS ARTICLE
Detrom
General Motors Corp
Vegas
Chevrolet
Paris
New Vegas
Law thee Cee and Stocco sales week hits 9.586 million
The report notes a week of strong sales totaling 9.586 million with firms Law thee Cee and Stocco contributing notable gains. Details on product lines and markets are sparse but indicate positive performance across key sectors.
MENTIONED IN THIS ARTICLE
Uae
Stocco
Also Mentioned on This Page
Kennecott
Neat
Ronan
Ganeetog
Samra Sinha
Eproxco
Fia
Ammerseid
CIA
Bain
Ian
Tata Moe
Rene Compursel
Grice
Bharie Fay
Senate
Gipmie
Renee Euston Chia
Alton Bo
Allea
Hamman Owas
Heltenfel
Torian
Duke Nfa
Alessio
Dow
Canada
Winterly
Center For Auto Safety
Ralph Nader
Federal Trade Commission
Voge
Sage
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