Post Cereal price cuts spark hopes for growth
New York AP reports Post Cereal will cut prices about 20 percent and issue a universal coupon to all cereals, aiming to revive a shrinking market. Analysts note the move may lift demand as competitors had already reduced prices, with coupons appearing in three weeks. Broadview, Indiana also notes Robert Bosch Corp buys Allied Signal’s hydraulic brake unit for passenger and light vehicles, a deal signed Feb 29 after regulatory approvals.
MENTIONED IN THIS ARTICLE
New York
Post Cereal
Mark Leckie
Post Cereal Division
Kraft Foods, Inc
Dwo
Post
Broadview
Robert Bosch Corp
Allied Signal Inc
Allied Signal Heavy Vehicle Systems Group
Elyria
Becky McDonald
Back to the Farm sales announce cattle sheep and hay items
A grass time feeder sale of 500 to 800 head will be held at 4 p.m. April 1. A back to the farm sale will be held at 6 p.m. May 24. Expected are bred cows beef and dairy feeder cattle breeding bulls and feeder pigs. Prices listed include steers and heifers across cattle, calves and veal calf lots, plus sheep clips and hay and straw values.
County's portfolio slips seven percent in quarter
Elyria reports the county earned nearly 1.1 million from investments in the January through March quarter, seven percent below the 1995 level due to lower interest rates. projections for 1996 rise to about 4.3 million, with STAR Ohio yielding around 5.2 percent and federal notes at about 5.5 percent. investment adviser Dennis Yacobozzi notes relative strength of income, as the advisory board weighs longer-term options amid possible five-year cap legislation.
MENTIONED IN THIS ARTICLE
Elyria
Dan Talarek
Talarek
Dennis Yacobozzi
Yacobozzi
Betty Blair
Herb Jacoby
Star Ohio Investment Pool
Kenneth Blackwell
Star Ohio
Treasury
Strike-idled GM workers in Ohio gain partial aid
A state hearing officer ruled most GM workers in Ohio laid off during an 18 day strike at two Dayton brake plants are eligible for unemployment benefits. Workers at the Lordstown assembly plant and the two strike sites are disqualified. About 12,000 of more than 16,000 idled Ohio employees filed claims. Eligible workers may receive 50 percent of weekly pay up to 245 dollars.
MENTIONED IN THIS ARTICLE
Dayton
General Motors Corp
Ohio
Ohio GM Strike Benefits Ruling Declares Eligible and Disqualified Workers
An Ohio Bureau of Employment Services hearing officer ruled on jobless benefits for workers affected by a strike at two GM brake plants in Dayton. Eligible include workers at the Moraine assembly plant and GM parts plants in Lordstown, Parma, Toledo, Cortland, Dayton, Sandusky, Columbus, Vandalia, Mansfield, Kingston, and Moraine. Disqualified are strikers at the Dayton brake plants and those at the Lordstown assembly plant. Benefits vary with dependents, from $295 to $328 for three or more dependents.
MENTIONED IN THIS ARTICLE
Douglas Holmes
Ohio Bureau of Employment Services
Lordstown
Ohio General Motors
Dayton
Moraine
Pama
Toledo
Cortland
Sandusky
Columbus
Vandalia
Mansfield
Kettating
Wo GM
Associated Pro
Chrysler earns record one billion in first quarter
Chrysler Corp reports a record first quarter with earnings over 1 billion dollars or 2.64 a share, up from 1995’s 496 million. Pretax earnings hit 1.67 billion, the highest quarterly total in company history, as revenue rose to 15 billion. Chairman Robert J. Eaton called the start stronger than expected.
MENTIONED IN THIS ARTICLE
Auburn Hills
Mich
Chrysler Corp
Chrysler
Robert J. Eaton
Retirement Savings Guide From Jim Jorgensen
Walnut Creek California offers tips from personal financial adviser Jim Jorgensen on making small, steady savings to reach retirement wealth. He advocates starting now with modest daily amounts and investing in stock mutual funds, plus practical steps like paying off debt, trimming expenses, and planning ahead for children’s education and travel opportunities.
MENTIONED IN THIS ARTICLE
Jim Jorgensen
Money
Jorgensen
Commodity closing prices on Comex and Merc markets
AP reports closing prices for metals and grains with inconsistent OCR. Gold at 393.00 per ounce, silver 5.471 per ounce, platinum 406.80 per ounce, palladium 138.50 per ounce. Aluminum 0.716 per pound, copper 1.1525 per pound, lead 0.52 per pound, tin 4.2713 per pound, mercury 270 per 76 pound flask. Grain bids: wheat 5.44, shelled corn 4.55, oats 2.00, soybeans 7.50 per bushel.
MENTIONED IN THIS ARTICLE
New York
Comex
Lorain County Farm Bureau Cooperative Associaton, Inc
Focal Grain
Ats
Also Mentioned on This Page
Bosch
Europe
Maklees
Creston
LTV Corp
Cleveland
Decatur
Ala
Walnut Creek
Calif
Wall Street
Simon & Schuster
York
Ford
Akin Investment Oe
Aegon USA Securties, Inc
Asia
NASD
SIPC
Autozona
Bankam
Pfizer
Allied Corporation
Cedar Fair
Bekhal
CoBancorp Inc
INGO
Fae
Columbia Gas
CPC Inter. Inc
Eaton Corp
SPA
Emerson
TCW
S2tom Ys Ford
Colhca
General Motors
Goodrich
Cgdina
Hanson
Ate
la Hills
Disney Cavers
Ae “ Lear Seating i Enseeh
Exxon Equdax
Mid-Amm- Inc
Ragsey
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