Walgreens stock shines for long term growth and dividends
Malcolm Berko recommends Walgreen as a strong long term pick comparing $5000 in gold to 100 Walgreen shares. He notes rising sales from $18 billion in 1980 to $116 billion projected in 1996, earnings growth, rising dividends, and aggressive expansion toward 3,000 stores by decade end.
MENTIONED IN THIS ARTICLE
Walgreen
Festuse Berko
Walter Green
Cleveland
Festus
Uncle Festus
Orginal
Aid May Bolster Central New York Economy
Rep James Walsh announces a $285 million Commerce Department grant to the Central New York Regional Planning and Development Board. Funds will support job training for laid off workers studies for a technology center redevelopment of Electronics Park and a long range economic development strategy aimed at boosting the region's economy.
MENTIONED IN THIS ARTICLE
Central
Stock Quote Hotline Offers 24 Hour Teleservices
The Herald Journal announces a free around the clock quotations service for NYSE AMEX and NASDAQ stocks. Call NewsLine and enter category 9988 for stock quotes and 9989 for directions using a touch tone phone.
MENTIONED IN THIS ARTICLE
Herald-Journal
Muffin Mary's Restaurant Opens In Syracuse
Ray and Mary Clapper own Muffin Mary's Restaurant at 303 E Fayette St Syracuse. The sixty five seat breakfast and lunch spot runs daily 5 30am to 2 30pm with homemade muffins and entrees. The couple, in business over five years, aim to remodel this fall and expand appeal.
MENTIONED IN THIS ARTICLE
Fayette St
Syracuse
Ray and
Mary Clapper
Howards
Ray
Mary
Anger Canki
Moody's cuts Penn Traffic bonds outlook to negative
Moody's Investors Service kept Penn Traffic's $1.032 billion debt ratings but shifted the outlook to negative amid second quarter profit decline. The Mendham Capital advisory had urged bond investors to sell, while Penn Traffic attributed losses to rising grocery competition in New York. Moody's noted weak cash flow but cited strong market positions and a modern distribution network as positives.
MENTIONED IN THIS ARTICLE
Reading
Penn Traffic Co
Moody S Investors Service Inc
Penn Traffics
Moodys
Mendham Capital Group Inc
New Jersey
Penn Traffic
P&c Foods
New York State
Moody’s
Moody's
Honda Civics to be classified as domestic cars in US
Honda Motor Co said all 1996 Civics sold in North America will be built in North America and within a year all Accord models sold here will be assembled locally. The Civic will be the first Japanese car reclassified as domestic, with Accords to follow. Transplants in Ohio and Ontario produce these best selling models, accounting for about 600,000 U.S. sales yearly.
MENTIONED IN THIS ARTICLE
Japan
Honda Motor Co
North America
Honda
Clinton
East Liberty
Marysville
Ohio
Alliston
Onta
United States
Canada
Local hires and appointments in Fayetteville Syracuse and Cicero
Victor Sawenko joins Langley Jones Associates in Fayetteville as salesperson Steven P Guzekl named compensation manager at Utica National appointed assistant secretary of Utica Mutual Life Insurance Co James J Pendergast of Syracuse named president of the National Pri e Frontover Labor Relations Association Pendergast to lead membership growth and service Sara Lt Thomas of Cicero becomes environmental engineer at Bristol Myers Squibb in environmental health and safety department
MENTIONED IN THIS ARTICLE
Victor Sawenko
Fayetteville
Langley Jones Associates
Steven P. Guzekl
Utica
Nabonal
Utica Mutual Life Insurance Co
James J. Pendergast
Syracuse
State Uniersity
New York
Strategic financial firms expand office in Widewsters Park
1B Strategic Financial providers moved into a new 4000 square foot office in Widewsters Park DeWnt for 1995. Key figures include Willem J. Crandell president Grace G. Grieshaber vice president Peter L. Derrenbecker treasurer and Patrick M. Mach secretary. Jerry Adar of Kama Communications completed a telecomm certification in Lenexa Kansas. The Central New York Chapter of Chartered Life Underwriters and Chartered Financial Consultants announced its elected officers.
MENTIONED IN THIS ARTICLE
Cerlined Financial Planning
Widewsters Park
DeWnt
Cers
Willem J. Crandell
Farm Family Life
Grace G. Grieshaber
American Gentral
Peter L. Derrenbecker
Northwestern Mutual
Patrick M. Mach
Unity Mutual Life
Jerry Adar
Kama Communications Inc
Old
Collamer Road
East
Syracuse
Sprint/North Supply
Lenexa
Kan
Central New York
The
Chartered Life Underwriters and
Chartered Financial Consultants
Implant settlement falls apart
The future of a 425 billion breast implant settlement looks doubtful as Judge Sam Pointer signals plans to scuttle the deal by month end. Plaintiffs warn hundreds of thousands of lawsuits if it collapses, with Bristol-Myers Squibb potentiality to renegotiate shares amid Dow Corning’s bankruptcy and other major defendants.
MENTIONED IN THIS ARTICLE
Sam Pointer
Dow
Ralph Knowles
Chicago
Bristol-Myers Squibb
Stanley Chesley
Bristol- Myers
Bristol-Myers
Jane Kramer
Dow Corning Corp
Dow Corning
Baxter International Inc
Minnesota Mining & Manufacturing Co
Pace of Windows 95 sales decelerates some
Microsoft Windows 95 sales slowed in the second week after a blockbuster launch. PC Data reports $30 million on day one and $7 million, then $5.5 million in the latest period. Stores such as CompUSA noted huge midnigh t crowds at launch, while total first 11 days reached 163 million copies at about $85 each.
MENTIONED IN THIS ARTICLE
Microsoft Corp
Microsoft
PC Data
Reston
Pia Son Y
Larry Mondry
Compusa
Mllion
Ann Stephens
Peencere
Windows 96 sales cool after debut at $65 with 1.83 million sold
TCA RCL reports demand for Microsoft Windows 96 weakening two weeks after launch. At $65, 1.83 million copies sold in stores through last weekend. Windows 95 remains the main PC OS, used on eight of 10 PCs worldwide, with over 100 million users, while fears of a virus in diskettes persist despite assurances.
MENTIONED IN THIS ARTICLE
Microsoft Corp
Also Mentioned on This Page
Malcolm Berko
Cople
Berko
Syracuse Herald-Journal
Boca Raton
CS Las
Teamsters Union
Ryder System Inc
Dearborn
Mich
Chrysler Corp. Dodge
Teamsters
Ryder
Susan Royal
Heraxt-Journal Business Desk
Sawenko
Guzski
the Associated Press
Associated Press
TCA
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