Steelmakers to cut up to 30000 jobs next year
Pittsburgh AP report cites Chase Econometrics forecasting 1987 job losses of 20,000-30,000 and U.S. steel capacity remaining about 20 million tons above demand. The forecast notes reduced imports and consumption, with prices likely flat or lower, and profits offset by bankruptcies and plant closures.
MENTIONED IN THIS ARTICLE
Pittsburgh
U.S
John Jacobson
Chase Econometrics
Bala Cynwyd
Jacobson
United States
Reagan
Greyhound to be sold to Dallas investor group
Greyhound Corp. announced it will sell Greyhound Lines Inc. to a Dallas investor group led by Fred G. Currey for more than 350 million dollars. The sale follows declining ridership and failed labor talks with the Amalgamated Transit Union. The company will keep 3,100 buses in operation and maintain current schedules until closing, expected by mid March.
MENTIONED IN THIS ARTICLE
Phoenix
Greyhound
John Teets
Amalgamated Transit Union
Buyers’ Group
Fred G. Currey
Buslease Inc
Bargain-Hunting in New Low Stock Listings at Year End
Investors eye NYSE stocks at new 52 week lows as year end tax selling creates bargains. Yale Hirsch notes past Dec 15 to Feb 15 gains beat the NYSE index, though results vary with market conditions and sector concentration.
MENTIONED IN THIS ARTICLE
New York
Yale Hirsch
Hirsch
New York Stock Exchange
Wall Street
Foot Care Centers Inc files for bankruptcy
Affiliated Foot Care Centers Inc a defunct pediatric chain once operating eight Ohio clinics filed for bankruptcy in U S District Court. Founded by Dr Rustom R Khouri the company faced a federal mail fraud trial and 110 lawsuits in Cuyahoga County.
MENTIONED IN THIS ARTICLE
Foot Care Centers Inc
Cleveland
U.S. District Court
Affiliated Foot Care Centers Inc
Cuyahoga County
Rustom
R. Khouri
Khouri
Affiliated
Internal Revenue Service
Ohio Department of Taxation
Also Mentioned on This Page
NYSE
SaleeHightiowClose
Abinns S
Alean
At&t
Amoco
Baxter
BeliSou
Boeln Bevrly
Disney
duPont
Ethyl
Exxon
Gillet
Gustue
Va Icind
Bat
IBM
JoyMig
Kmart
Lh KaisrAl
Bt Kraft
Bae Va Mattel
Merck
Pacge
Ih PacTel
PanAm
PhilaEl
PalmPe
UniTel
Wendy S
St. John Lutheran Church
W. River N. Wed
America
Levi
Eee
Snathand Ceriter
Hana
Che Rata
Chevy Network
Cavaliers
Antares
Aradena
Meadwerk
Bass Cheve
War Reninie Heigith
Meri
BOK Lyn
Dick Bigelow
Shaner Hight
Danae
MAM
ICT Ba
FATE
Snd
Cape
Roy Teed Oe
Wapi Rey Pve
Tony Take
CRA Wikitr Ag
Maye
Nebel Eh TO
Bares
Tite
Chevrolet
Fett Cstr
Ta & Forge Lan
Conrad
Er Ete
Plater
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