Stocks Open Lower Amid Bond Market Cues In New York
New York stocks opened mostly down as bonds fell and major sectors including autos steel airlines oil and finance led early losses. The Dow slipped about 13 points to 4145 amid mixed opening activity with some long term bonds dropping and key issues like Exon Xerox and General Motors showing declines. The prior week had seen gains on optimism that slower growth would ease rate pressures, though deficits and policy worries remained.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
NEW York Adm
SYNE
Honesty as the cure for corporate credibility
A review of the book Image at the Top by Richard Ruch and Ronald Goodman argues that honesty at the top can reduce worker alienation and boost productivity, stockholder trust, and public credibility. It cites cases from Three Mile Island to Tylenol and urges CEOs to commit to truth telling and direct communication with workers.
MENTIONED IN THIS ARTICLE
Richard Ruch
Ronald Goodman
Ruch
School of Business Administration
Rider College
New Jersey
Goodman
General Public Utilities
Three Mile Island
Johnson & Johnson
Chessie
Ashbey Leach
Business Week
Poppee’s Popcorn to Break Ground in Taylor Woods Park
Four men take shovels to break ground for Poppee's Popcorn, Inc. new plant at Taylor Woods Industrial Park in North Ridgeville. Attending are Bob Graham of Logos Development Co. Tim McGuire of Poppee's, Mayor Floyd Peace, and Richard Anderson of Lorain County Bank.
MENTIONED IN THIS ARTICLE
Poppee's Popcorn, Inc
Taylor Woods
North Ridgeville
Bob Graham
Logos Development Co
Tim McGuire
Poppee's
Floyd Peace
Richard Anderson
Lorain County Bank
Savanna Inc group proposes leveraged buyout of Scott & Fetzer
A Savannah Inc led group of Scott & Fetzer managers proposes a leveraged buyout to take the firm private. They value the company at about 350 million dollars with a 50 dollar per share offer while existing shares trade around 45 dollars. The plan would shift capital structure to debt, but management says operations remain business as usual.
MENTIONED IN THIS ARTICLE
Westlake
Scott & Fetzer Co
Kenneth J Semelsberger
World Book Encyclopedia
Kirby Vacuum Cleaners
Lakewood
Semelsberger
Savannah Inc
Scott & Fetzer
New York Stock Exchange
Ralph Schey
Chhef
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New York
NYSE
Exon
Xerox
General Motors
American Stock E Exchange
Byzantium
Bhutto
Pakistan
Zulfikar Ali Bhutto
Mohammed Ayub Khan
IBM
Alex Alx
AMC
Alfuine
Ty AmMot
Ny At&t
Aurich
AOD
Ody Tate
Alasda
Phizers
CIGNA
Tay
Atty AL
Cptssn
Cate Dayt
Deere
Tory
Dyams
Disney
EsKod
Exxon
Wastin
Gacro Wb
Hartis
Tate
Hayee Saute
Michael Jackson
California
Florida
Texas
Amo
Mur
Magnavox
Sylvania
Sampo
Toshiba
Loe Papper
Yrree Stewart
Cleveland St. Elyria
Kansas City
KCRR
Ruch and Goodman
Edward L. Barnays
Father
Fred McGunagle
Kubert Penick CT Business Writer
Sas
Mid-Ohio Securities Corp
Deakin
Lorain
Norwalk
Elyria
Spitzer Park Plaza
Broad
Elyna O
Cleveland
Semmunel Anos Corp
Ava
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