GM stock questions prompt sell or restructure refocus
Investor questions GM's future after decades of weak share performance and internal turmoil. A longtime holder cites management infighting and slow new model cycles, urging breakup into independent units. The column notes caution and advises readers to research before acting.
MENTIONED IN THIS ARTICLE
Malcolm Berko
Caples News
Herald-Journal
Berko
Han
Syracuse Herald Journal
Boca Raton
Weak dollar hurts stocks in broad market slide
Stocks tumbled as the dollar weakened causing bond prices to drop. The Dow fell 25.29 to 4,767. The NYSE composite index slid 1,621.03 points, and the Nasdaq composite dropped to 1,058.51 as volume surged to 367.02 million shares. Broad indexes declined with Advancers lagging.
MENTIONED IN THIS ARTICLE
Dechners
New York
Stock Exchange
Standard & Fear
A Pam ered Limousine Service Opens in Syracuse Area
Nicholas Masterpot Jr. runs A Pam ered Limousine Service at 1926 Teall Ave Syracuse Central New York with 15 staff and 14 vehicles including vans coaches and airport shuttles They serve weddings travel agents trips to New York corporate work and airport pickups highlighting a goal to modernize fleet to 1995 or newer vehicles.
MENTIONED IN THIS ARTICLE
Teall Ave
Syracuse
Nicholas Masterpot Jr
New York
Masterpal
Long distance firm settles slamming charges for 500000
Operator Communications Inc known as OCI and formerly Oncor Communications agrees to pay 500000 to settle FCC slamming charges. The Bethesda Maryland carrier must maintain a do not contact list and refund switching fees while shielding customers from improper solicitations. The FCC notes the case covers 50 complaints and denies admission of wrongdoing.
MENTIONED IN THIS ARTICLE
Operator Communications Inc
Oncor Communications Inc
Loet
Gregory Casey Oci
Federal Communications Commission
Bethesda
OCC
FCC
Cherry Communications
Plaza Accord anniversary recalls dollar plunge impact
Ten years after the Plaza Accord, top finance officials from five major economies met in New York to push the dollar down against other currencies. Within a week the dollar fell nearly 9 percent against the yen, yet the goal of reining in the U S merchandise trade deficit remains unfulfilled.
MENTIONED IN THIS ARTICLE
New York
Plaza Accord
Exports Gap With Japan Shrinks Under Accord Debate
The article notes a persistent US trade deficit with Japan, with exports lagging imports and the deficit ballooning from 12.18 billion at year end 1385 to 166.10 billion last year, reaching a record 66 billion. Economists dispute the accord's effectiveness, praising dollar erosion against the yen but criticizing its impact on trade balance.
MENTIONED IN THIS ARTICLE
Japan
Marshal Gittier
Merrill Lynch
Tokyo
Dollar Falls Against Major Currencies After Yen Breaks 100
The U S dollar slid against key currencies with the yen dropping below 100 as profit taking and weak central bank signals dampened support for the greenback. It finished at about 88.65 yen, down from 102.65, and also weakened versus the German mark from 146.13 to about 142.05 marks.
MENTIONED IN THIS ARTICLE
New York
Promotions and appointments across several Syracuse area firms
Peass B Carter Corp promotes Frank Hartman to president and general manager for residential products and Sandy Meurlot to vice president building systems and service. Terry L. Conrad named chief financial officer for University Hospital SUNY Health Science Center at Syracuse. Williem Atbro joins International Business Products as Central New York sales rep. Air and Waste Management Association forms Central New York Chapter with members from Bristol-Myers Squibb, Bond Schoeneck & King, C&S Engineers, Lockheed Martin and more. MONY cited among 100 Best Companies for Working Mothers. advance in family friendly benefits noted.
MENTIONED IN THIS ARTICLE
B Carter Corp
Frank Hartman
Wis
Sandy Meurtot
Building Systems
Serice
Hartman
Meurlot
Operatans
Carner
Terry L. Conrad
Camillus
University Hospital of the State University of New York Health Science Center
Syr
Air and Waste Management Association
Central New York
Chal Lee
Jim Witton
Bristol, Myers Squib
Suresh Sentenam
Gaison Corp
Virginia Robbins
Bond Schoeneck & King
Dick Bhaneht
Carter Corp
Lewis Briet
C&s Engineers Inc
Joe Jusikiewicz
Bristol-Myers Squibb
Brian Kent
Lockheed Martin
Matt Tretater
Ke Mensana
O'Brien & Gere Engineers. Inc
York
Syracuse
Amerca
Working Mother
MONY
Retiree health benefits fall as costs shift to seniors
Government data show fewer employers offer lifetime health coverage and more retirees pay premiums. Among 55 to 64 year olds, only 34 percent had employer provided health plans in 1984, down to 37 percent in 1994 with rising median costs. Many retirees lack pension income beyond Social Security, emphasizing strains on elder care and Medicare debates.
MENTIONED IN THIS ARTICLE
Labor Department
Census Bureau
Amercan
Lhe
Robe B Reich
Republica
Reich
Pla
Time Warner in talks to buy Turner Broadcasting
Time Warner eyes an $8 billion stock deal to acquire Turner Broadcasting System Inc. as boards meet into Thursday night to decide on the bid. The Time Warner board started its meeting earlier and planned to reconvene for a vote, while Turner's board weighed the proposal and could vote today. The deal would add Turner’s cable networks CNN film and TV production units and the Atlanta Braves to Time Warner’s holdings.
MENTIONED IN THIS ARTICLE
Chew
Turner Broadcasting System Inc
Time Warner
Ted Turner
Turner Board
Geral Fobor
Nomi Sanind Ne
Mose Peay
Atlanta
Also Mentioned on This Page
Genereal Motors
Toyota
Chrysler
Gms
Pontiac
Oldsmobile
Chevrolet
Biggm
Mastarpal
Lee Iacocca
Dom DeLuise
Grace Jones
Jeff Smith
Masterpol
Kenn Pate
Jmarert
Nicholas Masterpol JR
Phil Galippi
Rm Preservere Ghonotorh
Zito
Cleveland
Ohio
The
Associated Press
Peass
Acuse Conrad
Williem Atbro
Canestota
Internationa Gusiness Products
Susan Ware
Wate
Susan Royal
c/o
Company Matters
Herald- Yournal Business Desk
P.O Bor
Hotlme
Turner
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