Carrier says its units equal to Japanese quality claim
Carrier Corp. rejects a Harvard Business School study claiming Japanese room air conditioners are superior due to quality control and executive attention. William Sammons says first rate units from Carrier rival Japanese models, noting U.S. firms doubt the study’s conclusions and that much data dates to 1981.
MENTIONED IN THIS ARTICLE
Carrier Corp
William L. Sammons
Carrier
Sammons
Harvard Business School
Harvard
David A. Garvin
U.S
New York Times
Bruce Benson
Execuive
Association of Home Appliance Manufacturers
Garvin
Benson
Times
Money market funds assets fall again as total tops $165 billion
The Investment Company Institute reports that 313 money market funds slid by $235 million to $165.3 billion in the latest week. General purpose funds dropped to $53.1 billion while broker dealer funds fell to $78.9 billion, and institutional funds rose to $33.3 billion. The group notes assets have risen in only three weeks since December and remain down 28.9 percent from the December 1982 peak.
MENTIONED IN THIS ARTICLE
Investment Company Institute
Poor nations suffer from U S lending restrictions
A government official says U S banks’ red lining of private sector in less developed countries raises debt and imports problems, undermining efforts to adjust. Lionel Olivier, undersecretary of Commerce for international trade, spoke at a seminar by the American Bankers Association.
MENTIONED IN THIS ARTICLE
U.S
Lionel Olivier
International Trade
Associaton
Mortgage rates rise curb July existing home sales
The National Association of Realtors reports July existing single‑family home resales at a 2.81 million annual rate, down 4.4 percent from June. About 263,000 homes were resold in July, 47 percent above a year earlier, with declines led by the West and North Central regions as higher rates curb affordability.
MENTIONED IN THIS ARTICLE
National Association of Realtors
Realtors’ Group
Jack Carlson
Association
Carlson
Commerce Department
Roger M. Kubarych
Federal Reserve Bank of New York
Federal Reserve
Banks see credit downgrades after Seafirst upgrade
Standard & Poor's lowered BankAmerica's bonds from AA-plus to AA-minus and cut its preferred stock to B-minus. Seafirst Corp. in Seattle was upgraded from B-plus to A-minus after BankAmerica's capital influx, with S&P noting the acquisition did not harm overall debt ratings.
MENTIONED IN THIS ARTICLE
Standard & Poor's Corp
BankAmerica Corp
New York
Cincorp Bus
S&p
BankAmer
Seafirst Corp
Seattle
Bankamerica
Bank America
Ademinus
BankArmerica Corp
Bank of America
Seafirst
Binlus
Lahricki
S&p Erediana
Leading steelmakers raise basic prices in Sept
Three top U S steelmakers United States Steel Bethlehem Steel and Republic Steel announce about seven percent increases in sheet and strip steel prices to fall Sept 1 The move affects card rolled sheet steel and zinc coated galvanized steel with list prices rising to 363 a ton and 606 a ton Analysts say discounts may blunt real price changes and impact on autos likely limited due to contracts with GM and industry conditions detailed by Merrill Lynch and Shearson American Express
MENTIONED IN THIS ARTICLE
United States Steel Corp
Bethlehem Steel
Republic Steel Corp
Lambert Inc
Charles A. Bradford
Merrill Lynch
General Motors Corp
Bradford
Joseph Wyman
Shearson- American Express
New York Times Service
Nielsen Leads Marketing Research With New Tech Push
Nielsen continues to refine techniques as a world leader in market research. The company blends bar codes and computer data to sharpen surveys, expanding beyond traditional shelf samples to analyze sales with scanners and point-of-sale data. Nielsen remains labor intensive yet increasingly data driven, with 22,000 employees in 26 countries and a growing emphasis on processing and interpretation of data.
MENTIONED IN THIS ARTICLE
Nielsen
Daniel Rosenheim
Independent Press Service
Pew
Better Act
Avple
Nielsen Revalis
Sunbeyny
Art Nielsen
Joseph Fuchs
Kidder Peabody & Co
Media Research
Also Mentioned on This Page
Joseph A. Parcello
Harvard Business Review
United Technologies Corp
Japan
Far East
Saudi Arabia
France
Italy
Carrier Executive
United States
DeWitts
Soviet Union
John Block
Moscow
Washington
Block
Jimmy Carter
Afghanistan
Rid
Panabook
Chicago
Ob Pa
Coifman Tribune
National Association of Ri
Ford
Chrysler
George Estabrook
Winthrop
Maine
Lisa
A. C. Nielsen Co. Ars
Arthur C. Nielsen
Markeong
Time Lae
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McCrave- Fil