Dow Corning profits fall amid breast implant lawsuits
Dow Corning Corp reports second quarter earnings hit by a 2 billion pledge for women suing over breast implants, reducing earnings by 221.2 million. CFO John W. Churchfield says the charge does not affect cash position or financial strength. IBM posts a 1.7 billion quarterly profit as sales rise 14 percent and shares swing on the results. Chrysler reports 135 million Q2 profit, down from 956 million a year earlier, with a 4 percent drop in sales to 12.42 billion amid rebates and old-model clearances. Kodak posts 377 million quarterly profit, up from 263 million, as sales reach 3.99 billion.
MENTIONED IN THIS ARTICLE
Dow Corning Corp
John W. Churchfield
Dow Corning
Dow Chemical Co
Corning
N.Y
Corning Inc
Dow Dow Chemical
IBM
New York Stock Exchange
Chrysler Corp
Mexico
Chrysler
Kodak
Fortune Top 10 Global 500 Firms Ranked by Revenues
Fortune Magazine lists the world's 500 largest companies with 1994 revenues. Mitsubishi and Sumitomo of Japan lead, alongside General Motors Ford Exxon and Royal Dutch Shell in the top ten, with Mitsubishi posting about 175.8 billion and GM around 155.0 billion.
MENTIONED IN THIS ARTICLE
Fortune Magazine
Jouritry
Mitsubishi
Japan
Bife Mitsui
Essetia
Sumitomo
General Motors
U.S
Marubeni
Stock-Quote Hotline Provides 24 Hour Market Quotes
The Herald Journal offers free around the clock quotations on NYSE AMEX and NASDAQ stocks via a touch tone NewsLine service dialed at 72 2111. Enter category 9988 for quotes and 9989 for directions.
MENTIONED IN THIS ARTICLE
Herald-Journal
Memories in Motion Wedding Videography Firm in Liverpool
Memories in Motion operates from P O Box 701 Liverpool offering wedding and special events videography and photo to video transfers with music. The seven year old business emphasizes personalized client service and unobtrusive filming while expanding weddings and building a network of photographers to maintain quality as it grows.
MENTIONED IN THIS ARTICLE
Memories In Motion
P.O. Box
Liverpool
Qumar Benny Minion
Coe U
Central
New York
Orenara Formar
Morgan
Carousel Center loses its Malarkey's
Malarkey's, the only locally owned full service restaurant at Carousel Center, has closed and will not reopen. Carousel Center management says they are negotiating with national chains to occupy the food court and may announce a replacement by early next week.
MENTIONED IN THIS ARTICLE
Carousel Center
Malarkey's
Carousel Center Management
Food Court
Barbara Ashkin
Mall
Malarkey
David Hunter
Malarkey’s
Ruby Tuesday
Pizzeria Uno
L&n Seafood &Gifl
L&n
Chili's
Witherspoons
Armory Square
Day
S. Franklin
Desc Day
Desiree Day
John Withers
Regional executives and hires across Syracuse area firms
Lance D Mattingly of Manlius was elected senior vice president of systems and operations at OnBank and Trust Co in Syracuse. Richard W Russell of WCNY News TV served another three year board term for the American Program Service in Boston. Kenna Yga joined Kipper Hahn Myatt Engineers in East Syracuse as project engineer. WAG Martin Medeltf named assistant general manager at Knights Inn in Liverpool. The Combined Health Appeal of Central New York at 7145 Henry Clay Blvd Liverpool.
MENTIONED IN THIS ARTICLE
Lance D. Mattingly
Manlius
OnBank & Trust Co
Syracuse
Richard W. Russell
Wcny News TV
Classic FM
American Program Service
Boston
PBS
Kennan É. 2Yga
Luca
Kipper, Hahn
Agencies join health charities in annual employee giving
Ua announces new member agencies the American Diabetes Association and the Crohn s and Colitis Foundation. The Health Appeal represents these agencies in annual campaigns allowing employees to support their chosen charities through payroll deductions. Gallinger Realty ranked 143rd nationwide by a real estate magazine survey based on 2,684 transactions in 1954. Mack Construction Co. Inc. in Syracuse won a 3.1 million contract from Pyramid for a Montgomery Ward store at Riverside Mall Utica.
MENTIONED IN THIS ARTICLE
INE Armvorican Diabetes Association
Crohn's and Colitis Foundation
Combines Health Appeal
National Retocohort & Réal Gatate Magazine
Gallinger
Mack Construction Ca. Inc
Syra
Cupe
Pyramid Cas
Montgomery Ward
Riverside Mall
Utica
Record trade deficit shocks analysts in May data
The United States posted a record 11.43 billion dollar May trade deficit as oil imports surged to a four year peak, offsetting a 1.3 percent rise in exports to 64.81 billion. Imports climbed 1.2 percent to 76.24 billion, dragging the Dow 50.01 points to 4686.28 amid a broad market sell-off.
MENTIONED IN THIS ARTICLE
Wall Street
Commerce Department
Amelia
Japan
China
Mexico
I i Strategy Institute
Lawrence Chimerine
Blacks face higher mortgage denial rates study shows
Government figures released Tuesday show racial gaps in mortgage loan approvals. Blacks and American Indians faced the highest denial rates, with lenders and industry groups arguing progress against discrimination while noting data limitations. The report, based on 12.2 million applications from 9,800 institutions, also found increases in loans to lower and middle income households and meaningful gains for minorities in 1994.
MENTIONED IN THIS ARTICLE
Federal Financial Institutions Examination Council
King Industry
Douglas Duncan
Mortgage Bankers Association of America
Duncan
Chicago Federal Reserve Bank
Uesday
Federal Reserve Ato Tem
Federal Deposit Insurance Corp
National Credit Union Administration
Office of the Comptroller of the Currency
Office of Thrift Supervision
Also Mentioned on This Page
Eastman Kodak Co
Ford Motor
Mion
Exxon
Ee Ee
Peggy Morgan
Blessed Sacrament Church
James Street
Carousel Food Court
T.J. Maxx Discount
Onondaga County
T.J. Maxx
Marketplace Mall
Cicero
T J. Maxx
Northern Lights
Fayetteville Mall
Jane Joyce
TJ. Maxx
Ture
Deidre
Balloons Over
Great American Gift Basket Co
Salina
Joe Walker
Walker
Henry Clay Blvd
Gallnger Rest Eetete
Better Homes and Wardens Residential Real Estate Company
Awa
Susan Royal
P.O
Company Matters
Mattingly
Russell
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