Airline stocks long term prospects and portfolio advice
Malcolm Berko compares major carriers like USAir Continental Delta United American and smaller players such as Southwest Sky West and Atlantic Southeast. He cites historic losses for large airlines, argues structural profitability challenges, and suggests smaller carriers may offer steadier gains while warning readers to research independently.
MENTIONED IN THIS ARTICLE
Usair
Continental
Delta
United
Fort Lauderdale
Tampa
Atlanta
Chicago
New York
American TransAir
Sun Jet
Carnival Air
SkyWest
Atlantic Southeast
American
Eastern
Pan American
U.S. Steel
General Motors
Southwest
Sky West
Malcolm Berko
Copley News Service
The
Herald-Journal
Berko
Teaders
Syracuse Herald-Journal
P.O. Box
Boca Raton
Fra
Dow closes down after six month rally ends
The Dow Jones average fell nearly 82 points to 4340.64 marking the largest one day loss in six months. Broader indicators also declined as rising long term interest rates and looming options expirations spurred volatility, cooling a rally that had added about 700 points since Thanksgiving.
MENTIONED IN THIS ARTICLE
Wall Streets
Dow
Stock Quote Hotline Details for NYSE NASDAQ Quotes
The Herald Journal offers a free around the clock stock quote hotline. Call News Line at 472-2111 and enter category 9988 for stock quotes and 2989 for directions using a touch tone phone.
MENTIONED IN THIS ARTICLE
Herald-Journal
Cal News
OBrien Gere revives GE plant for smaller manufacturers
OBrien & Gere Property Development refurbishes four 40 year old GE Court Street buildings on 30 acres in DeWitt and will lease 250000 square feet to manufacturers and warehouses. Advanced D C Motors and Ranger Industries sign on for space while Op Tech Environmental Services also plans to tenant. The move follows GE’s 1991 exit and public sale to Midler Court Realty for 600000 dollars.
MENTIONED IN THIS ARTICLE
General Electric
Old Court Street
Obrien & Gere Property Development
Deere Roads
DeWitt
O'Brien & Gere Engineers
Advanced D.C. Motors
Advanced
E. Molloy Road
Syracuse
Ranger Industries
Loveland
Martin Marietta
Lockheed Martin
Midler Court Realty
Eagan
Midler Court
O'Brien & Gere
Paul Anderson
Anderson
Op-Tech Environmental Services
Op-Tech
Fly Road
O'Brien & Cere
Jack Loveland
Accurate
Fayetteville
Yvettes Florist and Gifts Opens in Syracuse Area
Danielle Yvette Stamey owns Yvettes Florist & Gifts at 2914 E Genesee St Syracuse with one employee. The two year old shop serves locals and customers via an 800 number and plans to hire more staff as it grows.
MENTIONED IN THIS ARTICLE
Yvette
Genesee SL
Syracuse
Danielle Yvette Stamey
Prudential Insurance Co
Albert Fanning
Countricuting
Paniog
Danielle Yvette Stamley
Promotions in engineering firms and life insurer hires
Oren 4 Gere Engineers Inc in Syracuse announced promotions including Joseph M. McNally from Cicero as vice president Dennis S Lerner Syracuse Andrea V Marshall Liverpool Joanne B Stebnicke Marcelus James R Heckathorne Baldwinsville Daniel G Coleman Stephen W Anagnost Marilius Angelo Caracciolo III Nicholas J Schapman as regional targeting director Unity Mutual Life Insurance Co Syracuse reshuffled managerial staff Patrick A Mannion elected president and chief operating officer Joseph Masella named executive vice president and chief marketing officer Kimberly Jones named assistant vice president and manager of claims George A Horhig is managing director
MENTIONED IN THIS ARTICLE
Oren
Gere Engineers Inc
Syracuse
Joseph M. McNally
Cicero
Dennis S. Lerner
Andrea V. Marshall
Liverpool
Joanne B. Stebnicke
Marcellus
James R. Heckathorne
Baldwinsville
Daniel G. Coleman
Stephen W. Anagnost
Marilius
Angelo Caracciolo
Nicholas J. Schapman
Unity Mutual Life Insurance Co
Patrick A. Mannion
Joseph Masella
Sxecutve
Kimberly Jones
George A. Horhig
Company Matters Notes Syracuse Firms and Appointments
Deutsche Securities in New York City. Linda M. Coon named vice president at Key Bank of New York Syracuse unit. graphic production firm Graphic Partners moves to Rocax Commercial Park Syracuse. Mark N. Wiadis admitted to Florida bar with focuses in tax and business law. Susen Royal invites business contributions for Herald Journal. column appears four days a week.
MENTIONED IN THIS ARTICLE
Deutsche Securities Corp
New York City
Hlen
Unity Mutual Lie Insurance
Linda M. Coon
Ctuttenango
Key Bank of New York
Syracuse
George Monagle
Graphic Partners
Graphic Production and Services Company
Rocax Commercial Park
E. Molloy Road
Mark N. Wiadis
Dewitt
Syracuse Lawirm
Melvin & Melvin
Florida
Wiadis
Susen Royal
Company
Susan Royal
Company Matters
Herald-Journal Business Desk
P.O. Box
N.Y
Mzitters
Japans tariffs warned cut US auto imports
A senior Japanese trade official warned that 100 percent tariffs on U S luxury cars would slash imports by 240 million dollars and halt production of 13 targeted car models. He noted parts like leather seats and audio gear would also drop, as negotiations with the United States stalled. The Clinton administration threatened 5.9 billion dollars in tariffs if no deal by June 28.
MENTIONED IN THIS ARTICLE
U.S
United States
Tokyo
Japan
Inl
Clinton
U.S. Commerce Department
America
Japan files WTO complaint over U S auto parts demand
The United States seeks voluntary plans from Japanese automakers to buy more U S components, while Tokyo vows no next week talks. Japan's car market openness and a weaker dollar prompt curiously higher March deficit figures as Kodak presses for market access with a $750 million investment push in Japan.
MENTIONED IN THIS ARTICLE
Bailaube Development
United States
U.S
Kantor
Japan
Eastman Kodak Co
Kodak
Fini Photo Film U.S.A. Inc
Chrysler raises dividend to calm shareholders amid Kerkorian bid
Chrysler Corp raised its quarterly stock dividend 10 cents to 50 cents per share in a move aimed at placating restless shareholders amid billionaire Kirk Kerkorian's bid to buy the automaker. Kerkorian ally Alex Yememian dismissed the impact, noting the dividend is small despite Eaton's focus on increasing value for all Chrysler holders. At the annual meeting in St Louis Eaton touted Chrysler as a leader in stock performance this decade with higher profit margins and dividends than General Motors and Ford.
MENTIONED IN THIS ARTICLE
Chrysler Corp
Kirk Kerkorian
Kerkorian
Chrysler
Alex Yememdian
Tracinde Corp
Robert J. Eaton
St. Louis
General Motors
Ford
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Sauumim Core
StockQuote Hotline
O’brien
Gere
James T. Mulder
O'Brien & Gere Property Development
Court Street
David Lassman
Stall Photogf
General Electric Co
ETE T
Scirct
nPefers
Ryutaro Hashimoto
Mickey Kantor
Paris
Organization For Economic Coopera
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Ser
Issaa
Jason
U.S. Dept of Commerce