Skins Victory Sparks Stock Market Super Bowl Theory
Washington's 42-10 win over Denver fuels a long running Super Bowl stock market indicator. Newspapers credit analyst Leonard Koppett with noting the pattern remains statistically strong though its cause is unclear. The message for investors is to expect higher markets when NFL origins favor the NFL.
MENTIONED IN THIS ARTICLE
San Diego
Wall Street
Washington Redskins
Denver Broncos
Leonard Koppett
Koppett
The
New York Times
American Football League
National Football League
NFL
Washington
Denver
AFL
New York Giants
Japan posts record 1987 trade surplus on balance of payments
Tokyo reports a balance-of-payments surplus of 96.5 billion dollars for 1987, up from 92.8 billion a year before as Japan records a higher surplus. On the customs basis, the surplus declined to 79.8 billion dollars from 82.7 billion in 1986.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Finance Ministry
VA Lowers Max Interest Rate on VA Home Mortgages
The Veterans Administration cuts its maximum rate on federally backed VA home loans from 10.5 percent to 9.5 percent to align with the falling mortgage market. The change takes effect today.
MENTIONED IN THIS ARTICLE
Washington
Veterans Administration
Texaco Posts 1987 Losses Amid Restructuring Battle
Texaco Inc reports a 1987 loss of 4.4 billion dollars and a 4.76 billion hit in Q4 as restructuring charges tied to its legal battle with Pennzoil and bankruptcy exit drive the figures. Texaco had earned 355 million in the first nine months, with analysts expecting the downturn.
MENTIONED IN THIS ARTICLE
New York
Texaco Inc
Pennzoil Co
Texaco
U.S
Higbee talks still progress amid delays in sale
Higbee Co chairman Robert R. Broadbent said talks with Dillard's Depart ment Stores Inc and Edward J DeBartolo Corp continue despite four or five glitches. He rejected reports the deal had collapsed and noted the planned switchover to the new master computer system was delayed while negotiations go on. The $165 million sale to the joint venture was announced last December and aimed for completion this month.
MENTIONED IN THIS ARTICLE
Cleveland
Higbee Co
Broadbent
di DeBartolo
Higbee
Ent
Brierley Irments Ltd
New Zez
Also Mentioned on This Page
Wall St
Times Tribune
Palo Alto, Calif
Standard & Poor
MMM
NYSE
Mobi
Adt
Ahmans
Pfizer
Amoco
Anadrh
ArchDa
Quakro
Arkla
Poe
Quahsc
Gaa
AdRich
RJR Nbl
Ly Bally ME
BellAth
SaraLee
Tin Riss
Ty Chase
Ty UsWest
Unocal
Wendys
Disney
duPont
Ty Xerox
Pierre R Smith & Co
Exxon
CPC Inter Inc
Emerson
Halbin
Hanson
First Bancorp
Bs Goodrich
Himnt Ni
TC Industries
Invacare
Ittcp
LCB Bancorp
LNB Bancorp
InipCh
Ag Lesco Inc
Ve Nordson
York International Woolworth
Lorain
County
Lorain County
Yegen Equity Loan Corp
America
Rob Collins
Center Ridge
Westlake
Ohio
Robert R. Broadbent
Dillard’s
Ment Stores Inc
Little Rock, Ark
Edward J. DeBartolo Corp
Youngstown
Dillard
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