Ohio egg prices shift as deliveries to retailers lag
Columbus reports varied egg quotations from major Ohio markets as deliveries to retailers remain tight. Class 1 eggs quoted at 37 cents, Class 2 at 34 cents, breaking stock at 39 cents, with large and extra large cartons described but production volumes noted as insufficient in Eldrige and Vaghtlype regions.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Eldrige
Towa (al
Midwest Egg Producers Cooperative
Market prices and bids from Lorain County Bureau
Metal prices show Zinc at 43 cents per pound and Tin at 5.6659 dollars per pound while Aluminum fetches 55 cents. Gold stands at 299.50 per troy ounce and Silver at 36.132 per troy ounce. Crop bids close yesterday with Wheat 5.34 per bushel, Shelled Corn 277, Oats 2.20, Soybeans 5.79 per bushel.
MENTIONED IN THIS ARTICLE
Metals
Doileslie Merchant
Lorain County Farm Bureau Cooperative
Ihe
Ferro Corp 1984 earnings rise on sales reach 662.9 million
Cleveland based Ferro Corp earned 16.9 million in 1984 totaling 2.53 a share on sales of 662.9 million. The gains follow 1983 results while 1993 sales topped 619.2 million but earnings lagged year prior. TRW Inc profits rose 61.6 million in 1984 driven by aerospace and energy divisions, with earnings up to 266.8 million or 6.96 a share on 6.06 billion in sales.
MENTIONED IN THIS ARTICLE
Cleveland (Ap
Ferro Corp
TRW Inc
TRW
Pickens Says Phillips Was Inviting Restructuring
T Boone Pickens told an Oklahoma City audience that Phillips Petroleum was inviting restructuring last year and that he would have pursued a sharper bid by selling the international arm and two acquired units to raise about 5 billion dollars. He defended his bid, cited stockholder revolts, and noted Carl Icahn's sizable Phillips stake and opposition to the plan.
MENTIONED IN THIS ARTICLE
Dallas Morning News
Oklahoma City
T. Boone Pickens
Phillips Petroleum Co
Pickens
Bartlesville, Okla
Mesa Petroleum Co
Amarillo
Texas
Carl Teahn
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Employers curb health care benefits reshape costs
A Hewitt Associates survey shows more firms shifting away from first dollar plans, doubling front end deductibles from 1982 to 1984, lowering hospital full reimbursement and raising annual out of pocket limits. Many firms now cover 80 percent with employees paying the rest and expand catastrophic expense protections while boosting health promotion programs.
MENTIONED IN THIS ARTICLE
Hewitt Associates
Phillips counterattacks Icahn bid with poison pill and buyback
Phillips Petroleum launched a two part defense against Carl Icahn’s $8.09 billion hostile bid. The plan includes a poison pill via senior note rights and a $50 a share buyback plus a preferred share issuance valued at $3.32 per common share. Analysts estimate recapitalization adds $1 to $2 a share, while debt safeguards seek to deter unfriendly takeover. A lawsuit accusing Icahn of securities law violations followed the actions. Icahn pledged to press on, with no immediate response to the restructuring.
MENTIONED IN THIS ARTICLE
Phillips Petroleum Co
New York
Carl Icahn
Phillips
Oklahoma Oil Company
Sanford Margoshes
Shearson-Lehman American Express
Teahn
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