Auto industry bets on 1975 rebound as GM expands abroad
Despite 300000 layoffs and record low December sales, GM plans to build 819000 U.S. passenger cars in Q1 1975 and list common stock on Tokyo Exchange led by Nomura Securities. GM opens 30 training centers to improve service technician instruction and customer satisfaction.
MENTIONED IN THIS ARTICLE
Frank Macomber Copley
U.S
White House
Congress
General Motors
Tokyo Stock Exchange
Nomura Securities Co
Thomas A. Murphy
John C. Bates
Auto industry pushes new models and dealer training in 1975
Six new models including a Cadillac small car and Mercedes diesel planned for early 1975 debut as industry leaders push a unified GM service training plan and aggressive sales strategies to cope with a slowing market. Analysts note luxury cars gain share while small cars falter as price and policy uncertainties loom.
MENTIONED IN THIS ARTICLE
Bates
Volkswagen
Mercedes
Ford
Granada
Monarch
Ford Administration
Roy D. Chapin Jr
American Motors Corp
Lee A. Iacocca
Tacocea
NYSE Quotation Roundup Highlights Wide Stock Moves
A UPI report lists selected NYSE stocks with last prices, highs and lows across diverse firms including Alcoa Am Airlines Amex and many others. The data shows varied last figures and percent changes reflecting daily trading activity.
Utilities offer attractive yields says Dean Witter Co
Dean Witter and Co. notes a broad group of good quality utilities selling at attractive yields with adequate dividends and potential higher earnings in 1975. Wright Investors' Service cites growth stocks as offering excellent investment opportunities with rewards likely to double prices to return to long term averages. Chase Econometric Associates sees recession depth but predicts a midyear turn and a vigorous rally in the latter half.
MENTIONED IN THIS ARTICLE
New York
UPI
Dean Witter and Co
Wright Investors’ Service
Chase Econometric Associates
Chase
Want Ads Sell Fine Fur Furniture Today
Local papers promote new fur furnishings in the Want Ads with enticing listings for exclusive pieces and home decor. Shoppers are urged to browse sections featuring fur chairs sofas and accent furnishings offered by local merchants.
Dow Jones Advances At Interims Amid Broad Gains
Dow Jones interim averages at 2 p.m. EST show gains across sectors with industrials up 4.46 points to 639.00, transports up 2.41 to 149.25, utilities up 1.00 to 75.47, and the overall Stocks index at 209.23, up 2.22.
MENTIONED IN THIS ARTICLE
NwBan
Pan Am Air
Panhandle
Fy Penn
PennDix
Jo Pennzl
Vwo
PepsiCo
Pfizer
PhilaEl
Vee PhilipMo
Pittsbry
Pitney
UN Pulman
ReynMet la
de Riviana
Robshaw
Rochg
Rockwell
Rohmh
Rohr Ind
Na Royal CC
Qta
Va Sanf
Schering
Sears
Jy Shethow
SouthCo
Sonres
SoPacif
Raif
So Rand
SidBrands
Sta OU Cal
Naia
Stohoh
Sterlorg
Tandy Corp
Teledyne
Thiokol
Va Thriftyd
Timlin
TraneCo
Vo Transom
TranUn
TriCon
TRW
Ms Twcfs
UAL Inc
Avan
Vva
UnivsOil
Upjohn
Utah
Utahpl
Wve
Osly v
Varian
Ye Vendo
Vetco
Victorcc
Walgreen
WarLam
Wash
WstnAr
WsBanc
Sb WuUhnion
Ng Weyrhas
Xerox Cp
Zenith
Dow Jones
Indus
Record bankruptcies surge in Phoenix area in 1974
UPI reports a record 2,267 bankruptcy petitions filed in 1974 in Phoenix. Federal judge Edward Davis cites inflation and recession as driving factors, with many filers losing jobs, especially in construction. He notes population growth since the 1970 peak of 2,199.
MENTIONED IN THIS ARTICLE
Phoenix
UPI
Edward Davis
Maricopa
Yavapai
Coconino
Mohave Counties
Union Bank Bought by Tucson Investor Ends Merger Plan
Tucson investor Allan Elias purchased a controlling stake in Union Bank, cancelling a planned merger with United Bank of Arizona. Union president Robert Patton said the bank will remain independent, with nearly all shares now owned by Tucson residents. Union Bank, founded in 1963, reported assets of $93 million as of Sept. 30.
MENTIONED IN THIS ARTICLE
Tucson
UPI
Union Bank
United Bank of Arizona
Allan Elias
Union
Robert Patton
Elias
Oklahoma
Leonard Savage
Patton
Woman in Management Seminar Series at ASU to Begin
Arizona State University will host a seven part seminar series on women's roles in business and management starting January 21. Four instructors with academic and real world experience lead the program including workshops on management by objectives communication leadership and career life balance. Total cost for seven meetings is 385 dollars with individual workshop fees of 55 dollars and 110 dollars for the initial two day seminar. Interested participants may enroll in one or more sessions and call the Center for Executive Development for registration.
MENTIONED IN THIS ARTICLE
Tempe
Women In Management
Arizona State University
Center For Executive Development
Departments of Management and
Division of Vocational Education
State Department of Education
ASU
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