Insurance stocks energize in seven year cycle, USF&G SIG and Safeco
Malcolm Berko in Taking Stock suggests patience may pay in 1987 for USF&G Selective Insurance and Safeco. USF&G shows improving margins and rising revenues but a weak balance sheet. Selective profits, strong book value growth, low expenses and high dividend yield. Safeco earns high returns with steady growth despite catastrophe losses and a target price near 125 in three years. Berko notes readers should do further research and that his column is advisory.
MENTIONED IN THIS ARTICLE
Usf&g
Safeco
Selective Insurance
Justine Case
Malcolm Berko
Copley News
The
Herald-Journal
Berko
Syracuse Herald-Journal
Boca Raton
Fla
Stock Quote Hotline Offers 24 Hour Market Quotes
The Herald Journal announces a free stock quotation hotline for NYSE AMEX and NASDAQ equities. Call NewsLine at 472-2111 to enter category 988 for quotes and 9989 for directions using a touch tone phone.
MENTIONED IN THIS ARTICLE
Herald-Journal
Armory Jewelers Opens in Armory Square Syracuse
Armory Jewelers at 189 Walton St Syracuse opened in November 1994 by Mark and Christina Rotondo of Central New York. The couple, former Diana Jewelers employees, run a three person shop offering fine jewelry sales repairs and custom work. They faced financing costs but received family support and SBA loan aid. Their aim is stylish high quality jewelry at varied prices and to grow in a lively local retail scene.
MENTIONED IN THIS ARTICLE
Armory Jewelers
Walton St
Syracuse
Armory Square
Mark
Christina Rotondo
Central
New York
Rotondos
Diana Jewelers
SBA
Mark Rotonda
ALBERT FANNIna _ ves eeves ENGLOGT
Falling yen setbacks U.S. business hopes in Asia
A weak dollar and rising yen create confusion for American firms in Asia. Jakarta and Malaysia markets show little payoff as only eight of 42 Indonesian listed firms profit from new share sales, while a Kay Fhan James Cape study finds 38 of 73 Singapore-listed companies expect benefits from a weak dollar, 29 see adverse effects, and 19 foresee only mild impact.
MENTIONED IN THIS ARTICLE
Japan
Asia
Jakarta Stock Exchange
Malaysia
Indonesia
Nies Sted
Singapore Stock Exchange
U.S
Car Dealers Fight Proposed Tariffs On Japanese Cars
Critics warn 100 percent tariffs on 13 luxury car models threaten 2,028 US dealers and 81,000 workers while raising costs for buyers. Supporters say tariffs press Japan to open auto markets by June 28, potentially saving $4 billion annually for Americans.
MENTIONED IN THIS ARTICLE
Los Angeles
Clinton
American International Automobile Dealers Association
Association of International Automobile Manufacturers
Syracuse executives reshuffle across multiple firms
Gene Madi becomes chief operating officer at Daingiea Cooperate Inc in Syracuse. Ma nil previously led Penn Quality Meats in Broomville. CAH Engineers in Syracuse announces Thomas P Ascienzo as project engineer and Lex S Bento as senior project engineer. Patrick J O Sullivan named associate at Supersion Day. Sui van to practice in litigation at Syracuse office. Eric Mower, chairman and CEO of Eric Mower Associates, named 1995 distinguished alumnus of Syracuse University’s College of Arts and Sciences for work in advertising and PR.
MENTIONED IN THIS ARTICLE
Gene Madi
Daingiea Cooperate Inc
Syracuse
Manil
Penn Quality Meats
Broomville
CAH
Thomas P. Ascienzo
Lex S Bento
Patrick J. O'Sullivan
Supersion & Day
Suivan
Eric Mower
Eric Mower Associates Inc
Syracuse University
College of Arts and Scences
New Board and Foundation Members Named at Crouse Saving Memorial
Crouse Saving Memorial Hospital in Syracuse announced a new board including Donald P. Cardarelli as president and CEO of Agway Inc, Dudson J. Gostin of Sansis Corp, Leland Davis of Galson Corp, and Carol Tiley of the Consortium for Children's Service. New foundation members include Wendy Carmichael, Suletine John J. Cucinotta, Lugan H. Kennedy, Robert W. Linaberry, and John Pitton. News tips to Susan Royal.
MENTIONED IN THIS ARTICLE
Wendy F. Carmichael
G Suletine
John J. Cucinotta
Crouse Irving Memorial Hospital
Lugan H. Kennedy
NYNEX
Robert W. Linaberry
Price Warehouse
John Pitton
Float Bank
Lamson union ends strike and weighs return to work
Lamson Corp union workers ratified a three year contract offer on Thursday and prepared to return to work today but the company told them to stay home. Local 8967 says 92 strikers were laid off, a claim denied by Lamson negotiator Dorazio. Managers will decide who returns as pickets end after five weeks.
MENTIONED IN THIS ARTICLE
Lamson Corp
di Lorenzo
Lamson
Dorazio
D. Lorenzo
Lamson Avenue
Syracuse
Russians Learn to Do Business the Capitalist Way
Sergey Kouznetsov, a Moscow Institute graduate, built three stores and a computer training school after learning to market his laptop. He interns in Syracuse, learning from U.S. firms under a $168,000 USAID program, while fellow interns study banking and technology in Ivanovo.
MENTIONED IN THIS ARTICLE
Sergey Kouznetsov
Moscow Engineering Institute
Kouznetsov
Syracuse
Ivanova
United States
Russia
Deloris Petta
Greystone
Alexander Chebotarev
Maine Modland Bank
Warren Street
Savings Bank of Russia
Chebotarev
Cty
Alla Meleshevich
International Center
Stock listing error prompts correction call request
The Herald American reports a one week old stock summary error in NYSE AMEX and mutual funds data due to human and computer faults. Readers urged to call 470-2297 with name phone and mailing address to receive corrected information.
MENTIONED IN THIS ARTICLE
Herald American Business
New York Stock Exchange
American Stock Exchange
Mutual Fond
Also Mentioned on This Page
Uspf&g
Select
SAFC
Northridge
Calif
Malcolm
Blako
StockQuote Hotine
James T Mulder
U.S. Get
Associated Press
Kay Fhan
James Cape
AP Research
Consortum For Children's Service
Susan Royal
Company Matters
c/o
Herald-Journal Business Desk
PO Box
Syracuse NY
Madill
Ascienzo
Lamson Union
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