Generic drug stock outlook and broker critique
The piece discusses Mylan and the generic drug sector with investor frustrations. It cites 1994-1995 price points, projected 1997 earnings, debt concerns, and Malcolm Berko's guidance in a Syracuse Herald Journal column. It notes potential gains for Williams and other firms but warns readers to verify advice.
MENTIONED IN THIS ARTICLE
Malcolm Berko
Capes Nén
Money
Herald-Journal
Dorset
Berko
Syracuse Herald-Journal
Boca Raton
Pla
U S deficit widens as trade gap balloons to 109 bullion
The United States posted a widening trade deficit with a gap swelling by 102 percent to 109 bullion, the Commerce Department said. The May figure marked the third straight monthly widening, prompting questions about whether the economy can sustain growth. Some economists projected GDP around 8 percent for Q2, while others warned it could slow, a view opposed by the Clinton administration.
MENTIONED IN THIS ARTICLE
United States
Ching
Japan
America
Cheryl Katz
Merrid Lynch & Co
Clinton
Stock market bounces back after early week slide
The Dow Jones Industrial Average rebounded from a sharp midweek drop, climbing about 9 points to test near 464.18 as traders saw some recovery in values after the week’s steep decline.
Stock Quote Hotline Offers Free 24 Hour Prices
The Herald Journal announces a round the clock stock quote service for NYSE AMEX and NASDAQ listings. Users call a touch tone line at 4722111 and select a category to receive current market data.
MENTIONED IN THIS ARTICLE
Herald-Journal
Lisa's Dance Academy opens in East Syracuse studio
Lisa Hall owns Lisa's Dance Academy at 6701 Manlius Center Road East Syracuse. The business, in operation one year, offers classes across Fayetteville DeWitt Manlius East Syracuse and Cazenanage. Hall emphasizes credibility from business degree and Dance Educators of Amelia, teaching discipline and love of dance while adapting to parents' schedules.
MENTIONED IN THIS ARTICLE
Lisa’s Dance Academy
Manhus Center Road
East
Syra
Lisa Hall Nurmoer
Amelia
Sad
Hall
TB Cusp
Lisa Hall
Lisa
Syracuse
Strias
Darce
Greenspan Signals Possible Rate Hike But Hints No Immediate Move
Federal Reserve Chairman Alan Greenspan told the Senate Banking Committee the central bank could lift short term rates if incoming data persuade Inflation pressures intensify. He avoided signaling the next move and offered no timetable, as the Fed prepares for its August meeting.
MENTIONED IN THIS ARTICLE
Federal Reserve
Alan Greenspan
Greenspan
Senate Banking Committee
Fed
Labor coalition prays for Landis workers
A labor coalition gathered on Nalion Avenue near Landis Plastics to press for an end to alleged harassment of mainly female workers. Union leaders and workers described intimidation, a 401k plan, and a punitive point system, while two employees supported the company. The NLRB filed charges two weeks earlier, prompting ongoing hearings and weekly public vigils as negotiations stall.
MENTIONED IN THIS ARTICLE
Landis Plastics
Ineher
Bing
Solvay Company
Coaliion
Nalion Avenue
Suzette Shenandoah
Marilyn Venekus
Ofther
Venekus
Landis
Chicago
Shenandoah
Yvenckus
Saio Dislet
Mudibd Vorum
LN Sisters of St Joseph of
Carondelet
Dale Hindmarsh
Plymouth Congregational Church
Milton Avenue
James Valent
Organiang
NLRB
Marcella Mauro
Matydaie
Tina Flora
Syracuse
Law firm appoints leaders in Central New York Women’s Bar Association
The Costello Cooney Fearon firm in Syracuse states its partners take top roles for 1996 1997 Frances A Gratdude named president Amy Regan elected director. Robert G Thompson joins Robson Woese Inc with offices in Syracuse and Rochester.
MENTIONED IN THIS ARTICLE
Costello Cooney & Fearon Law Firm
Syracuse
Central New York Womens Bar Association
Frances A. Gratdude
Amy 8
Regan
Robert G. Thompson
Joned
Robson & Woese Inc
Rochester
Coldvrall Banker First Properties Names Top 4 Percent Acknowledged
Coldwell Banker First Properties selected Debbie Kaltielz Mary Malvasi David Manzano and Jean Sardino as International President 5 Circle recipients. The recognitions honor producers in the top 4 percent of North America’s 55 000 sales associates.
MENTIONED IN THIS ARTICLE
Coldvrall
Flrst Properties
Debbie Kaltielz
Mary Malvasi
David Manzano
Jean Sardino
Noth America
MLE ais its New state of offers for 1996
David 8. Damo serves as president with Dee C. Heckethorn as vice president Michael J. Pollock as secretary and Carolyn Rush as treasurer The board of directors includes Thomas McAusten William Shenton Deborah Stanley Nancy Behow Clayton Brewer Douglas Burke Ronald Darrow Joan Fitzgabens Edward Marx Andrea McCaber Bramley Palm Jr Shirley Pasco Louis Potti-Netli Bruce Phelpe Eugene Salogo Corie Spencer William Stark Lindy Syreil David Turner Elizabeth Vaught David Vickery Donald Voorhies and Joseph Wiedenbeck, all re elected to board positions.
MENTIONED IN THIS ARTICLE
David 8. Damo
Dee C. Heckethorn
Michael J. Pollock
Caroyln Rush
The
Followag
Thome McAusten
Willian Shenton
Deborah Stanley
Alak
Edward Marx
Andrea McCaber
Bramley Palm Jr
Shirley Pasco
Louis Potti- Netli
Bruce Phelpe
Eugene Salogo
Corie Spencer
William Stark
Lindy Syreil
David Turner
Elizabeth Vaught
David Vickery
Donald Voorhies
Joseph Wiedenbeck
Burns Bros Construction Earns Eagle Safety Award
Burns Bros Construction of Syracuse received the Eagle Award for safety from Anheuser Busch after logging 22 000 hours of on site work with no lost time accidents at the Anheuser Busch plant in Williamsburg Virginia. Susan Royal to include business news in Company Matters write to Susan Royale at the Herald Journal Business Desk.
MENTIONED IN THIS ARTICLE
Herald-Journal
Charles Elis
Burns Bros
Syracuse
Anhauserstnern One AP
St Howe
Anheuser-Busch
Williamsburg
Susan Royale
Company Matters
Bennetts Bennetts hearing looms as SEC deal nears
Patrick R Bennetts lawyers push toward a near deal that could keep Sam Bennetts out of a federal court case in Manhattan. The SEC seeks to compel disgorgement for a $570 million fraud and to require Bennett to testify or provide records. Bennett and family assets face a freeze as negotiations continue and a Tuesday hearing looms.
MENTIONED IN THIS ARTICLE
Patrick R Bennett
Sam
Securities and Exchange Commission
Bennet
John B Harms
New York
Patrick Bennett
Secur Guang Maye
SEC
Besrei 4
Ont Gations
Clare Secites
Ats Ant
Manhatian
DeWitt Land Auction Tied to Bennett Funding Bankruptcy
A vacant 14.78 acre lot in DeWitt owned by a Bennett Funding Group subsidiary may fetch about $1 million when it goes to auction next month. Bankruptcy trustee Richard C. Breeden won court approval to sell, with proceeds to pay creditors of Syracuse Leasing Co., which sought Chapter 11 protection in March. Widewaters Group Inc has offered $1.0 million, with a $100,000 minimum over the bid, while Bennett entities previously agreed to sell for $900,000. the sale hinges on competing bids and court directions.
MENTIONED IN THIS ARTICLE
Dewitt
Bennett Funding Group
Richard C. Breeden
Breeden
Syracuse Leasing Company
Benndett Management and Development Corp
Bennett Funding
U.S Bankruptcy Court
Stephen Gerling
Bennett
Herne Uh
Diay Ween Ariuwes Iy
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Mart Sorte
Wilbnim & Dozen
Aavercau
Lee
My Tan
Alve
Myan
Malcolm
Lin Bree Mee
Syeaeh
Herald- Journal
StockQuote Hotline
S Orah Shermanne
Dick Blowe
Say
Wagner
Dunn Tire
Bridge St
Randall Clark
Dunlop Tire Corp
Quan
Guan
Falmadge
Cenat
Dunn
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Associated Press
Labor Coalition
MLE Ais
Nancy Behow Clayton Brewer
Douglas Burke
Ronald Darrow
Joan Fitzgabens
Agean
Susan Royal
Bennetts Wen
Bennett Fanning
Rearty
Richard Breeden
Harris Veld
Perumg Ageir
Manheiin
Hala
Lawers
Schridt
Weseen
Ton
Burstem
Ellenton
Flame
Bud Bennett
Burstein Sing
Cniet
Ray
T Forbes
Sosatae
Forbes
Barry Rashkover
Bennete
Seracuse
Patrick Bennetts
DeWitt Property
Widewaters
Wiliam Holstein
James T. Multan