Blue chip stocks gain from lower rates say Carbondale dealers
A Carbondale stock dealers survey notes lower U S Treasury rates boost blue chip issues as long term investments. Parrish highlights Texaco Bell Atlantic Tenneco yields around 6.9 to 8 percent while Uffelman sees AT T margin growth. Purcell cites Colgate earnings and 5 percent yield with 12 times earnings. Burley promotes Gerber at 32 with 3.6 percent yield and $3 per share 1985 earnings.
MENTIONED IN THIS ARTICLE
Tony Stevens
Southern Illinoisan
U. S. Treasury
Carbondale Area
Patrick Burley
Burley-Shay Investments
Gary Parrish
A. G. Edwards
John Purcell
Thomson-McKinnon Securities
John Uffelman
E. F. Hutton
Nashville
Burley
Gerber Products
Gerber
U. S
Western funds to back China import boom via foreign firms
Paris and London banks propose the first investment fund targeting foreign companies poised to profit from China's growing demand for modern technology and imports. Robert Fleming handles Far East strategy while Tuffyier & Ravier manages Europe and the US. United Airlines pilots strike talks resume amid stalled negotiations near O Hare.
MENTIONED IN THIS ARTICLE
Paris
China
Robert Fleming & Co
Saumara Tioulong-Sam
Robert Fleming
London
Tuffier & Ravier
Europe
United States
Pickens drops Unocal bid in exchange offer compromise
T Boone Pickens said his Mesa Petroleum group will withdraw its Unocal bid in exchange for a tentative deal allowing part of its shares to be included in a stock buyback exchange. Unocal directors met as talks continued. outcome unclear. Mesa Partners II owns about 13.6 percent of Unocal.
MENTIONED IN THIS ARTICLE
New York
T. Boone Pickens
Unocal Corp
Unocal
Pickens
Mesa Petroleum Co
Arizona
Mesa Petroleum
Mesa Partners II
Mesa
Sears Discover card gains acceptance by four major firms
Sears chairman Edward R. Telling announced at the annual stockholders meeting that American Airlines Budget Rent a Car Denny s Restaurants and Hospital Corporation of America will join Sears in developing the Discover card. A hotel company is expected to join. The card offers revolving credit emergency cash check cashing ATM access and protection for lost or stolen cards plus a Dean Witter financial services package including an IRA with no setup fee.
MENTIONED IN THIS ARTICLE
Atlanta
Sears, Roebuck & Co
U.S
Sears
Edward R. Telling
American Airlines
Budget Rent A Car
Denny’s Restaurants and Hospital Corporation of America
Telling
Discover
Dean Witter
Home health care network formed across state lines
Tip of Illinois Health Services based in Carterville teams with St. Francis Medical Center and SeMo Regional Home Health Agency in Cape Girardeau to create SeMo St Francis Visiting Nurses Association. The joint venture aims to deliver home nursing and therapies to discharged patients in Missouri and Illinois, coordinating care with providers, discharge planners, and families.
MENTIONED IN THIS ARTICLE
Betty Connell
Tip’s
Laurel Toussaint
Tip
Anna
Teresa McCulloch
LeMo-St. Francis
Mindy Elliott
Gerry Pentsil
Cairo
Linda Boyd
SeMo-St. Francis
Tip of Illinois Health Services, Inc
Carterville
St. Francis Medical Center
SeMo Regional Home Health Agency
Cape Girardeau
St. Francis
Missouri
Illinois
Missouri Liaison
SeMo-St. Francis Visiting Nurses Association
Tip of
Illinois Retail Sales Up 5.15 Percent in April
Illinois retail sales rose 5.15 percent in April from a year earlier, with Metropolitan Chicago leading a statewide gain of 7.65 percent. Central Southern Illinois rose 0.68 percent, while Northern Illinois fell 4.81 percent. A later Easter shifted buying patterns, and March 1985 saw a 14.65 percent year over year rise.
MENTIONED IN THIS ARTICLE
Illinois
Illinois Retail Merchants Association
Touche Ross
Chicago
Northern
IRMA
David Vite
Central-Southern
Northern Illinois
Also Mentioned on This Page
Parrish
Treas
Texaco
Bell Atlanta
Tenneco
Uffelman
Lems
American Telephone and Telegraph
Purcell
Colgate Palmolive
Southern Illinois Ee
U.S. Gov't
Ginnie Mae
Turner & Sellhorn, Inc. Securities U.S. Governmeent Dept
China Investment Fund
Long United
Arlington Heights
United Airlines
Air Line Pilots Association
O’hare International Airport
United
Jim Waters
Diane Zielinski
Amex
Allen Industries
McDonalds
Dayco
Norge Amax
Magic Chef
Coca-Cola
Old Ben Coal
Consol
DuPont
Standard Oil Ohio
Freeman Coal
Inland Steel
Spartan Printin
J.C. Penney
Mart
Oe Investing
Kroger
Tuck Tape
Southern Illinoisan Turco, Inc
Lee Ent
Atcor
Lastour U.S. Gypsum
Bemis
WalMart
Meis
Wendys
Brown Group
Silver Screen Partners II
Walt Disney Productions
Walt Disney
Disney
Touchstone
E.F. Hutton & Company Inc
University Four Theatres
University Mall
Carbondale
E.F. Hutton
Hutton E.F. Hutton & Company Inc
W. Main St
Sipt
First Federal
All Star Savings Team
First Federal Savings Spartan
Broadway and Market
Main
Murphysboro
Walnut St
Steeleville
Broadway