NCR balks at AT&T six billion NCR bid
AT&T proposed a 6 billion stock swap to buy NCR Corp creating a global computing power, but NCR chairman Charles E. Exley Jr. says the move does not make business sense and urges AT&T to go away. Shares swing as talks become public. AT&T keeps bid open through end of business day.
MENTIONED IN THIS ARTICLE
New York
At&t
NCR Corp
NCR
Charles E. Exley Jr
Exley
Attila the Hun
Dayton
Ohio
New York Stock Exchange
Robert E. Allen
Allen
Creston Auction Liquidates 296 Consignors Total 704 Head
Creston auction drew 296 consignors selling 704 head of livestock on Monday. Calves ranged from 50 to 210, with good calves up to 1.40 for crossbreds. Cattle featured choice steers 76 to 82.75 and Holstein steers 62 to 77.25, with cows and bulls in the 44 to 65.50 range and hogs mixed 45 to 48.50. Sheep feeders brought 49 to 50.
MENTIONED IN THIS ARTICLE
Creston
New York
NYSE
Amoco
Va A&rchDn
Ye Atirich
Bordens
Citicorp
Sahel
Exxon
St Gener
Hanson le
Harnish
Hewler
Hilnco
IBM
Lillys
MCA Wit
Marrial
Ian
Uniny
Va Merck Am
Vanian Upjohn
Nisemi
Ie Va
Pierre Ft. Smith Co
Nengel
NewsCp
Nike
Panam
AmerStup
Parcoma
Centenor
CPC Inter Inc
Penney
Emerson
PepsiCs
Abva
PhilMr
First Bancorp
T. Ual Cp
Woolworth
USFG
Cary Mid-Am Inc
Continental to expand Cleveland Hopkins ops in Chapter 11 plan
Continental Airlines will extend its Cleveland Hopkins International Airport expansion with a $60 million phase to grow Concourse C from 12 to 23 gates, enabling up to 250 daily flights. The carrier, in Chapter 11, says full schedules remain in place with no layoffs, and cites rising fuel costs and fare increases impacting the industry.
MENTIONED IN THIS ARTICLE
Continental Airlines
Cleveland Hopkins International
Carole Hedderson
Contintental
Cleveland
Hedderson
U.S
Newark
N.J
Houston
Denver
Hollis Harris
Continental
Harris
Iraq
Kuwait
Cleveland Cliffs workers approve new empire and Tilden mine contract
United Steelworkers of America represented employees at Empire and Tilden Mines in Michigan ratified a labor pact on December 1 1990 ending a strike that began August 1 1990. Wages rise 1.25 then 0.25 per hour with a 25 to 69 cent production bonus. signing bonus 2000. COB supplements total 2000 annually starting 1991. contract expires August 1 1993.
MENTIONED IN THIS ARTICLE
Cleveland
Cleveland- Cliffs Inc
Empire
Tilden
Michigan
United Steelworkers of America
Cliffs
United States
Rates Mixed on Short-Term Treasury Bills Auction
The Treasury sold 10.0 billion in three month bills at 7.06 percent discount, up from 7.02 percent. Another 10.0 billion in six month bills sold at 6.96 percent, unchanged from last week. The three month rate marked the highest since 7.08 percent on May 19.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
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American Telephone & Telegraph Co
Navy. 15
Hopkins
Midwest
Séwo
Eve
BEP
GoldStar
ROYAL
Business Equipment
Cleveland St
Elyria
Lorain County
Broad St
Ial
Ita
I Nationwide
Federal Savings Bank
Amherst
Lorain