Nissan Sentra now U.S.-made in Smyrna plant debut
Nissan begins U S production of the Sentra at the Smyrna, Tennessee plant where 150,879 light trucks have rolled off since opening nearly two years ago. Analysts warn Japan may limit exports to avoid stricter U S quotas, while rivals Honda Toyota and Mazda expand U S capacity to meet demand and quotas.
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Smyrna
Tenn
Nissan
Japan
Toyota
Honda
United States
Congress
U.S
Phillip Fricke
James H. O'Connor obituary published in Syracuse Herald Journal
A concise obituary notice appears in the Syracuse Herald Journal dated Tuesday March 26 1985 announcing the death of James H. O Connor. The brief notice provides essential biographical context and identifies surviving relatives and services.
Wall Street tracks ABC merger amid trading surge
The New York Stock Exchange launched routine analysis of American Broadcasting Cos. and other media stocks after a sharp price and volume rise. ABC announced a $3.5 billion merger with Capital Cities Communications. The exchange seeks signs of possible unfair profit or insider knowledge.
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New York
American Broadcasting Cos. Inc
ABC
Capital Cities Communications Inc
Richard Torrenzano
Exchange
Deficit on rise Fed held steady as auto sales climb
The U S budget deficit runs 11.7 percent ahead of last year with a 20.8 billion February shortfall. The Fed’s Open Market Committee meets to weigh policy as economists expect a hold. Major automakers report a 5 percent mid March sales rise from a year earlier aided by incentives, with 273 451 vehicles sold in the March 11 20 period.
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General Electric Co
Philadelphia Inquirer
The
Inquirer
King of Prussia
U.S
the Inquirer
Pentagon
Fed
Treasury Department
Federal Reserve Board
Reagan
Federal Reserve
Federal Open Market Committee
Ohio
Commerce Department
FOMC
Wall Street
Local gasoline prices rise faster than national average
In Central New York, wholesale gasoline costs have climbed four to eight cents per gallon in the last month, while statewide unleaded averages rose to 1.197 per gallon in February. Analysts say prices will keep rising 1 to 2 cents weekly for 30 to 90 days as OPEC keeps crude exports steady, with local station owners blaming upward shifts on corporate profit needs and market dynamics.
MENTIONED IN THIS ARTICLE
Dan Lundberg
Bob Kelly
Service Station Operators Organization
New York
Tuter
Lundberg
OPEC
United States
State Energy Office
Syracuse
Kelly
Chip Searle
New York State Energy Office
Cooper bids higher for McGraw-Edison in surprise move
Cooper Industries offered 65 dollars a share for McGraw-Edison valuing the company at 1.4 billion, aiming to defeat Forstmann Little and Co. which offered 59 dollars a share or about 1.3 billion. Analysts called the bid surprising and potentially logical though very large for Cooper, noting the deal implications.
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New York
Cooper Industries
McGraw-Edison Co
Forstmann Tile & Co
Cooper
Crouse-Hinds Co
Syracuse
McGraw-Edison
Forstmann
Wall Street
Andrew Silver
Donaldson, Lufkin & Jenrette
Ohio’s 71 Thrift Banks Reopen After Closure Crisis
In Columbus 71 privately insured thrift institutions closed 21 days ago resumed operations on Monday. Eighteen ran normally while others allowed deposits with a $750 withdrawal limit. Two more were cleared to full service on Tuesday. Officials cautious, no major deposit runs reported.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Richard F. Celesté
Caesars World Bond speculation amid margin leverage
Speculators eye Caesars World 12 percent debentures due 2000 as a high yield play. With 30 percent equity and 13 percent loan cost, the margin strategy could yield about 19 percent on $2,520, though risks include sustained low rates and corporate solvency. Beta Factor explained as market risk measure, standard beta around 1.0 moves with Dow, beta above or below reflects leverage and volatility.
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Caesars World
Nevada
Caesars
Atlantic City
Las Vegas
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