Regulatory probe Targets Freedom Savings and ComBanks Deals
Federal regulators authorized an inquiry into stock purchases at Freedom Savings and Loan Association in Tampa led by Marvin Warner, amid a contested plan to buy six Orlando banks from ComBanks. The probe follows last November stockholders meeting and multiple sessions before approval on January 4.
MENTIONED IN THIS ARTICLE
Tampa
Orlando
Fla
ComBanks
Bank Board
Federal Reserve Board
New York State Banking Department
Northeast Bankshare Association
Portland
Maine
Norstar Bancorp
Albany
Norstar
New York
Northeast
New York State
Central
Buffalo
Utica
Mid-Hudson Valley
Long Island
Bank Customer Rates Vary By Lender
The rates to customers may vary from bank to bank. Customer rates listed here are approximate.
GE Pushes Advantage Series into Home Phone Market
GE's Syracuse audio electronics division unveils the Advantage Series of home telephones. Five models including cordless and clock-radio combos, with overseas assembly and parts from other firms. GE targets No. 2 this year, aiming for No. 1 eventually, competing with Baby Bell and Radio Shack in a growing US market.
MENTIONED IN THIS ARTICLE
General Electric
Syracuse
Audio Electronics Products
Connie Grasso
Audio Electronics
Grasso
Radio Shack
GTE
Bell System
James Delulio
New York City
American Bell
American Bell Inc
Baby Bell
American Telephone & Telegraph
At&t
New York Telephone
Federal Communications Commission
John Trani
New York
Delulio
Bell
Carrols reports record revenue and rising income
Carrols Development Corp reports third quarter earnings of 311000 or .10 per share on revenues of 19.4 million, up from last year. Nine month results show continuing operations earning 2.466 million on 63.05 million in revenue, with 12 new Burger King locations planned and a cash acquisition of Jo-Ann's Nut House Inc. signed this week.
MENTIONED IN THIS ARTICLE
Great Atlantic and Pacific Tea Co. Inc
National
A&p
Sierra Research Corp
Sherwood H. Calhoun
Calhoun
Federal Systems Division
Carrols Development Corp
Carroll
Carrols
Burger King
Jo-Ann’s Nut House Inc
Nutri/System
L.F. Rothschild
Unterberg, Towbin
Gloria Marshall
I Natural
76ers owner Katz bets on court, stocks tumble on Wall Street
Harold Katz owns the Philadelphia 76ers, who lead the NBA with 57 wins and nine losses and may reach 70 wins. Nutri/System Inc., run by Katz, saw heavy stock losses after weak earnings and plan to close vanity salons, cutting quarterly profits.
MENTIONED IN THIS ARTICLE
Harold Katz
Philadelphia 76Ers
Knicks
Madison Square Garden
76Ers
National Basketball Association
Katz
Nutri/System Inc
New York Stock Exchange
Nutri/System
Philadelphia
NBA
Laurence Shaiman
Direc
Flood Insurance Push Urges Calif Coast Flood Help
Nationwide flood perils drive a push for National Flood Insurance Program coverage. Officials urge homeowners and communities to verify eligibility, enroll, and secure protection before spring floods, outlining plan options and premium rates.
MENTIONED IN THIS ARTICLE
Maryland
Alaska
Hawaii
Guam
Virgin Islands
Puerto Rico
Dial
National Flood Insurance Program
P.O
Bethesda
California
Small Business Administration
SBA
Also Mentioned on This Page
S&l Dealings
Sierra
Treasury
APL Hi
John M. Trani
GE Products Department
Washington
Wall Street
Tor
Huntington Valley
Value Line Investment
Florida
James M. Rose, Jr
Federal
By Sylvia Porter
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