Firestone wins shareholder approval for Bridgestone merger
Firestone shareholders vote 99.3 percent in favor of selling to Japan's Bridgestone Corp. GM plans to drop Firestone as a supplier, citing current business conditions, while Firestone pledges to focus on the North American replacement market and retain some original equipment work. Bridgestone will begin purchasing tendered shares after the offer expires.
MENTIONED IN THIS ARTICLE
Chicago
Firestone Tire & Rubber Co
General Motor Corp
Firestone
Japan
Bridgestone Corp
John Nevin
America
Bridgestone
Longridge
GM Tire
North America
Hob ‘Troyer
Saturn Corp
Ford Motor Co
Tirermaker Pirelli 5.P.a
Amending Your Tax Return Made Simple by IRS Guidance
The IRS offers Form 1040X for amending returns to correct errors or claim retroactive changes without redoing the entire filing. Filing 1040X is not a guaranteed audit trigger, but amendments may prompt review of other items or prior years. Deadline is three years from original filing or two years from payment, with extended rules for certain deductions.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
U.S
Marion Holmes
PHH Group
Hunt Valley
Post Ofice
TRS
Ohio Egg and Grain Prices Reported in Columbus Stocks
In Columbus AP market notes eggs to retailers sold in major Ohio cities with cartons delivered. Sizes extra large 48 51 cents, large 57 50, medium 38 41, small 29 32. Lorain County Farm Bureau Cooperative Association lists grain closing prices: Wheat 2.67, Shelled Corn 2.04, Oats 1.70, Soybeans 6.32 per bushel.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Lorain County Farm Bureau Cooperative Association, Inc
ST — New York
NYSE
PiaWst
Batee Highlandesec
Ahmans
Amy
SchuPl
Schimb
Sears SouthOs
Anteus
Archon
Texaco
Weyer Ihe
Pierre R. Sri
Exodk
Allied Corporation Alltel
AmerShip
Ameran Stannard Am SP
CPC Inter Inc
STE
Emerson
E Gennes
Fixst Bancorp
LC. Industries
Invacare Ss
GaPar
Gian Nse
LNB Bancorp
Nordson
Worthern Savings
Tole Ae A
Ohio Edison
Ad Boi Oche
Parker Hannifin
Herspnie2t
Lee ‘Smucker
Hewirx
Sunrise Medical
Texas Utilities
Ie Ad
Woolworth
Knut
York International
Kraft
Bae
U S economy grows 2.3 percent in first quarter 1988
The Commerce Department reports 2.3 percent annualized growth in Q1 1988 led by strong consumer spending and a four year high in business investment. Inflation rose 2.4 percent, easing from 2.7 percent, reducing fears of rate hikes from the Fed.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Rates Rise on Short Treasury Bills in Latest Auction
Treasury sold 6.4 billion in three month bills at 5.92 percent discount, and 6.4 billion in six month bills at 6.28 percent. Both tenors posted their highest yields in months, with actual returns 6.09 percent and 6.58 percent respectively. The Fed's report showed the one year bill yield climbing to 7.03 percent from 6.92 percent.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
The
Federal Reserve
Creston livestock sale clears 745 head from 285 consignors
Creston Auction saw 285 consignors move 745 head of cattle calves hogs and sheep Monday. Prices ranged widely with calves from under a dollar to over $1.50 and hogs in the high forties to fifty plus per hundredweight. Sheep and cattle listings show mixed demand across classes including hay straw and feed sales.
MENTIONED IN THIS ARTICLE
Creston
Also Mentioned on This Page
OK Firestone
Chicago Tribune
Nevin
General Motors
Karen Longridge
Goodyear Tire and Rubber Co
GNP
Federal Reserve Board
Creston Livestock
IBM
s + Royal Business
Cleveland St
Elyria
Lorain
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