Auto Plants to Boost Production This Week
Ward's Automotive Reports says United States and Canada will build 228,620 cars and light trucks this week up from 209,597 last week. U S output includes 111,800 cars and 78,165 light trucks with year ago totals higher at 271,457 and 90,313 respectively. Canada will produce 21,070 cars and 17,585 light trucks, down from last week and last year.
MENTIONED IN THIS ARTICLE
Detroit
United States
Canada
Ward
Trade Journal
U.S
Summers to speak at Kamm Lecture May 9
William B. Summers Jr CEO of McDonald & Co Securities will deliver the Carl J. Kamm Lecture at 8 p.m. May 9 in Baldwin Wallace College Union. The free talk titled The Securities Industry A World View from BE Ninth Street. Summers, a B-W graduate, became CEO in 1988. McDonald & Co is Cleveland headquartered with 27 offices in seven states.
MENTIONED IN THIS ARTICLE
BEREA
William B. Summers Jr
McDonald & Co Securities Inc
Carl J. Kamm
Baldwin-Wallace College Union
National Association of Security Dealers
Summers
BE. Ninth Street
McDonald & Co
Cleveland
Airlines report huge losses in first quarter
United Airlines parent UAL Corp posted a $157 million loss for the first quarter as Gulf War disruptions and a recession curtailed travel. Delta Air Lines, Atlanta-based, reported an $84.1 million loss for the quarter ended March 31, citing soft demand, discount fares, and higher operating costs.
MENTIONED IN THIS ARTICLE
New York
UAL Corp
Delta Air Lines
UAL
United Airlines
Iraq
Delta
Atlanta
GAO says FDIC fund near collapse and needs 15 billion
GAO chief says the FDIC deposit insurance fund is nearly insolvent with 1990 end estimates as low as 3.4 to 5 billion, urging banks to contribute 15 billion this year. He warns Congress and regulators that without rebuilding, failures could rise and the fund may run out by year end.
MENTIONED IN THIS ARTICLE
Washington
Federal Deposit Insurance Corp
Charles A. Bowsher
General Accounting Office
Bowsher
Senate Banking Committee
FDIC
L. William Seidman
GAO
Trump near deal to carve up empire
The Trump Organization faces a negotiated settlement with lenders that could surrender much of Donald Trump’s real estate holdings and his Trump Shuttle. Banks owe nearly 2 billion dollars and would release Trump from loan guarantees as an agreement is expected by mid June. Northwest Airlines parent NWA Inc. may purchase the shuttle.
MENTIONED IN THIS ARTICLE
New York
Donald Trump
Trump Organization
Trump
Boston
Washington
NWA Inc
Northwest Airlines
Unclear Stock Ledger Remnants With Sparse Figures
Fragments of a stock listing show partial figures and codes such as WstgEs 146 1334 20% 7% and Weyern 120 1340 25% 2a plus Xerox 2 492 Sb 57% 5a. Missing context limits precise interpretation of company names and prices.
Kidron Livestock Auction Report Shows Market Mixed Across Classes
Kidron consignors offered 2,541 head with 592 calves and numerous dairy cattle. Hog prices rose with top hogs at 572 while bred sows and gifts topped at 345. cattle sent top cows at 1210 and top heifers at 1200 with steers 62 to 89.25 and cows 45 to 57.25. calves steady to firm with choice calves 82 to 97 and back-to-the-farm calves 100 to 200. Hay and feed prices also listed, including hay first cutting 20 to 130 and straw per ton 42 to 80.
MENTIONED IN THIS ARTICLE
Kidron
Invacare plans stock issue to cut debt
Invacare Corp will offer 1 million shares of common stock to retire part of its debt. The offering, without par value, is slated for May after filing with the Securities and Exchange Commission. First quarter sales rose 17 percent to 59 million, net income 1.8 million, or 30 cents per share, up from a year ago. Chairman Mixon cited strong growth in home medical equipment and new products from the Action Technology Division. Invacare is the nation’s largest wheelchair maker.
MENTIONED IN THIS ARTICLE
Elyria
Invacare Corp
Invacare
Securities and Exchange Commission
A. Malachi Mixon
Mixon
Also Mentioned on This Page
Eee Business
UAW
Owen Bieber
Helen Bentley
Detroit Metropolitan
United
GoldStar
WY Rees
Cleveland Street
Seidman
Bush Administration
Admiistra
Rich Carbone
Texaco
Beacon
Nla
Stephen Bollenbach
Bankers Trust and Citicorp
Northwest
York
NYSE
HmeFd
Kemper
Motoria
BakAm
Ted Pe Tae
Baxter
We NewsCp
Beazer
Novag Sa
Reebok
Diebold
Ma— Roya
duPont
Exxon
Genel
Travner
Unisys
Warn
Pierre R. South
Acme Cleve
Lesea Inc
LNB Bancorp
Allied Allied Corporation
Northern Savings Sonarmership Bulding
CPC Later Inc
PNC Comp
Erson
Parker Rannufin
First Bancorp
Smoucker
Goodrich Sunrise Medical
Texas Unites
Invacare Fills Dept. Rh
Woolworth
Mid-Arn Inc
LCE Bancorp
Kidron Livestock
Hatfield
Amy Richards
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