Detroit's Auto Titans Post $8.1 Billion 1985 Profits
The Big Three log 1985 net profits of 8.1 billion, led by GM at 9.6? No, GM revenue 96.4B with a 1.6B Chrysler profit. Ford posts 2.5B net, Taurus and Aerostar drives US decline, global sales rise. Industry sees 1986 earnings flat to down slightly amid incentives and plant spending.
MENTIONED IN THIS ARTICLE
Detroit
Motor City
David Healy
Drexel Burnharm Lambert Inc
New York
Ford Motor Co
Chrysler Corp
General Motors Corp
Thomas O'Grady
Integrated Automotive Resources Inc
Wayne
Ford
U.S
Donald Petersen
Harold Poling
Chrysler posts lower per share earnings despite stock split
US automaker Chrysler reports 1985 earnings per share of $14.07, down from $18.88 in 1984, with fourth quarter earnings at $1.96 a share on $215 million. Post split figures show $9.38 and $12.59 per share for 1985 and 1984 respectively. American Motors Corp says 1985 results due next week.
MENTIONED IN THIS ARTICLE
Chrysler
Chrys
Ler
American Motors Corp
Critics say car quotas help Japan but not consumers
US and Japanese officials praise a 2.3 million annual export limit while analysts debate impact. Industry observers expect U.S. production in Japan and rising prices, with Honda expanding Ohio capacity and Nissan and Toyota increasing US plant activity. Prices for subcompact Japanese cars could rise about 10 percent, potentially reducing US car sales by about 200,000 vehicles.
MENTIONED IN THIS ARTICLE
Japan
Detroit
United States
U.S
United Auto Workers Union
Auto
Congress
Michael Bryan
Federal Reserve Bank of Cleveland
Honda
Marysville
Ohio
Nissan
Smyrna
Tenn
Toyota
Hammond
Kidron Auction Feeder Pigs Up as Demand Surges
Low cattle run with lighter calves and hogs steadier. Feeder pigs rise on strong demand while dairy cattle show an increased run. top prices reach around 2000 for a service bull and 50 to 68 for calves amid overall firmer values.
MENTIONED IN THIS ARTICLE
Kidron
Judge hits firm for delaying asbestos claims in New Jersey
Federal Judge H Lee Sarokin faulted Johns Manville Corp for manipulating the system to delay thousands of mesothelioma cases from asbestos exposure at its Manville plant. He warned of possible prison accommodations for company reps if pretrial information remains unreleased, and set a final adjournment to April 7 while bankruptcy proceedings continue.
MENTIONED IN THIS ARTICLE
Newark
Johns-Manville Corp
H. Lee Sarokin
New York
Johns-Manville
Sarokin
New Jersey
Manville
Theodore Bialy
Laura
Somerset County
Dennis H. Markusson
Denver
U.S. District Court of New Jersey
Johns Manville
Johns- Manville Corp
Connecticut fines Hutton for check kiting fraud scheme
Connecticut Gov. fined E F Hutton & Co. Inc. 350000 plus one year probation for admitted overdrafting of bank accounts. The firm barred 10 business days from new accounts and business with new customers Feb 18 to March 3. Broker-dealer license of Robert C. Clark suspended six months.
MENTIONED IN THIS ARTICLE
Hartford, Conn
Connecticut
E.F. Hutton & Co. Inc
Howard B. Brown
Hutton
Hartford
Robert C. Clark
Brown
Securities and Business Investments
Tutton
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Canada
Latin America
Far East
St. Louis Bigear
United Auto Workers
Motors
President Reagan
Clayton K. Yeutter
John Hammond
Data Resources Inc
Lexington, Mass
Fremont
Calif
Mazda
Flat Rock
Mich
Mitsubishi
Bloomington
Georgetown
Bryan
Maryann Keller
Vilas-Fischer Associates Ltd
NYSE
AcunLf
Bate AldSgani
UBT
Amsted
ArchDa
AdRich
BellSoa
Caurpt
Coleco Us
Ms Deere
Dorey
duPont
Channett
el Ag
Aor
Gmur Wa
Alti Ty
Genubet
Aly
Tnt &Olds
Johntao
Lally
Vita
Maoy
Monsan
Norton
Oakind
Owen
Ray PayCsb
Philaki
Rangro
Reynin
Ay Riteaid
Yay Rowan
A Royld
Ay Seagin
Nig Sperry
Texaco
Viacom
Wendy S
Pierre R. Smith & Co
Acmiv
Allied Corporation
Albter Bry
Wty American Standard
Chramalloy
Cleveland
Elve
CPC Inter
Emerson Baka Racello
First Bancorp
Fruehaul
Goodrich
IC Industries
Joar Siegler
LOR Bancorp
LNB Bancorp
Midland-Ross
Edison
Parker Hamilin
Smucker
Tevas Leyes
Toledo
Woolworth
Kidron Livestock
U.S. Bankruptcy Court
Kathleen F. Moran
Raymark Industries Inc
Trumbull
Westcom Audio
Audiotel Cellular
GTE Mobilnet
Westcom
Sale Pri
Mobilnet
Agant
Adee
Icity
Parma Mentor
Mentor Ave
Sun
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