Industrial output rises 0.9 percent in November
U S factory, mine and utility output jumped 0 9 percent in November the strongest gain in months driven mainly by a rebound in auto production and colder weather boosting utilities Analysts say the rise reflects special factors not an inflation threat ahead of the Federal Reserve meeting.
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Washington
Federal Reserve
General Motors
Canada
Fed
Sung Won Sohn
Norwest Corp
Minneapolis
Bass to Sell Holiday Inns to Bristol in 8640 Million Deal
Bass agrees to cash and equity deal valued at 8.64 billion to transfer most Holiday Inns in North America to Bristol Hotel Co. Bass will take a 36 percent stake, receive 391 million in cash for 61 hotels, and Bristol will convert 10 of 39 hotels to the Holiday Inn Ten brand. Bristol aims to keep 85 percent Holiday Inn branded portfolio and invest 150 million in upgrades.
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London
Bass
Bristol
Holiday Ten
Holiday Inn
Crowne Plaza
Peter Kline
Local Stocks Metal Prices and Grains Closing
New York Comex and Merc prices listed with metals such as gold at 38840 per troy ounce and silver at 4782 per troy ounce. Copper 10095 cents per pound and lead 0 cents per pound shown, plus tin 29285 per pound and mercury 23250 per 75 pound flash. Grain prices closing include wheat 374 per bushel shelled corn 268 oats 200 and soybeans 681 per bushel.
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New York
Lorain County Farm Bursau Cooperative Associaton, Inc
Focal Grain
Surge soda debuts as Coke bets on youth market
Coca Cola unveiled Surge a high calorie citrus beverage with maltodextrin and 52 milligrams of caffeine per 12 ounce can. The company plans a Super Bowl TV debut and a $50 million marketing push to challenge PepsiCo’s Mountain Dew, while some analysts see Surge as Coke’s biggest gamble since the 1985 New Coke launch.
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Atlanta
Coca-Cola
America
Tom Parke
Bermark
Pepsi
New York Stock Exchange
Coke
PepsiCo
Pepsico Inc
Brad Shaw
Coca- Cola
Bob Baskin
Aosimiar Caranlar
Norway
Urge
Gary Stibel
Coca Cola
Baskin
Twenty top female executives hit one million dollars
New York AP reports that for the first time all 20 highest paid female executives in corporate America earned over 1 million dollars, though collectively they trail the top male earners. The Working Woman survey notes women earn 71 cents per male dollar and few occupations favor women.
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New York
America
Working Woman Magazine
Ellen Bravo
165
National Association of Working Women
Lawrence Coss
Green Tree Financial
Business Week
Wayne Calloway
Pepsico
Catalyst
Stil
Nancy F. Smith
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Templeton
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RPM. Inc
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Ford
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SURGE
Linda Wachner
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Carol St. Mark
Pitney Bowes Business Services