Metals Dominate 1987 Gains Amid Market Volatility
New York 1987 saw metal stocks lead gains with miscellaneous metals up 73.1 percent and gold miners up 61.2 percent as inflation fears lingered. Lukens Inc and Bethlehem Steel posted strong percentage gains, while Salomon Inc and Merrill Lynch fell from peak values and Todd Shipyards plunged 90 percent amid a Chapter 11 filing.
MENTIONED IN THIS ARTICLE
Standard & Poor’s Corp
Salomon Inc
She Street
Merrill Lynch
Todd Shipyards
Todd
Value Line
Dollar slides in Tokyo as markets react to yen rise
The US dollar closed at 121.65 yen in Tokyo on the first trading day of 1988, its 12th closing low in 18 sessions, after opening at 120.45 yen. The Tokyo Stock Exchange had a half day, with the Nikkei 225 dropping 246.96 points to 21,217.04 as exporters face demand shifts and fears over currency strength. Local analysts warned the weak dollar trend may persist, weighing on export-led equities.
MENTIONED IN THIS ARTICLE
New York
Motorla &T
NYSE
Studia NtSermi
Navista
NfikSosi
AMD
Oakind
Dsty
Pacge
PacTel
At&t
Amoco
Ty PanAm
PepsiCo
Ms Petrie
Phelpd
PhilMr
PhilPet
Abe
Baxter
BethSuh
Itha
Boeing
Sara Lee
StorTech Squibb
Sethe Digital
Disney
duPont
Fordm
GenEl
Ty. Wilson
Gilletes
Pierre R Srrth
IC Ind
Allied Corporation
Alltel
AmerShip
INCO
Ree EG Center
Central Bancorp
Jriver
CPC Inter Inc
Emerson
Kmrts
Lesco Inc
Marmot
Nordson
Mayds
Northern Savings
MeDni
Ommo Edison Oks Merck
Parker Hannifin
Smucker
MerLyn J
Sunrise Medical
Midsu
Tokyo
Japan
Tokyo Stock Exchange
Tadaaki Uehara
Wako Securities
Ohio insurers watched by regulators for financial risk
Ohio regulators spotlight 39 insurers on a three year watch list from NAIC data as a cautionary tool. Officials caution the list may alarm policyholders though not all named are in dire straits, noting some entities improved or remained stable.
MENTIONED IN THIS ARTICLE
National Association of Insurance Commissioners
Ohio
NAIC
Merchants & Manufacturers Insurance Co
Cleveland
Columbia National Life Insurance Co
Columbus
Kansas City
Belth
Ohio Department of Insurance
Wayne Jones
General Assembly
Vernon Cook
U S Canada trade pact draws mixed reactions
Ottawa reports celebrations and protests as Prime Minister Mulroney and President Reagan sign the historic free trade agreement. In Windsor about 900 Canadians halted traffic on the Ambassador Bridge. protesters fear job losses and accuse Mulroney of betrayal while others praise the pact as a historic opportunity. The deal aims to lift tariffs and ease restrictions over 10 years, amid political opposition in Canada and anticipation in the United States.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
United States
Brian Mulroney
Reagan
Windsor
Ontario
Ambassador
Bernie Molche
Detroit
Mulroney
Congress
Bert Rogers
Peace Bridge
Fort Erie
Buffalo
Mike McAllister
Niagara
Palm Springs
Calif
U.S
Saudi Arabia Reimposes Income Tax on Foreign Firms
Saudi Arabia will reintroduce income taxes on foreign companies and workers after a 12-year suspension. A royal decree published in Umm Al Qura sets January 21 as the effective date amid a weak oil market and a projected $10 billion deficit. About 30,000 Americans are employed in the kingdom.
MENTIONED IN THIS ARTICLE
Riyadh
Saudi Arabia
Umm al Qura
Relating Alcohol Addiction to Recovery and Hope
A recovering alcoholic recalls the grip of drinking and the despair of near suicide. He credits his turnaround to admitting the problem, seeking treatment, and a decisive phone call that led to sobriety and a new life as a successful executive.
Also Mentioned on This Page
Wall Street
S&P’s
Toys
Money Center Banks
New York Stock Exchange
Lukens Inc
Lukens
America
Bethlehem Steel
Dollar
Toyko
Masahiro Umemori
Nomura Securities
Peru
Ance Forum
Indiana University Insurance
Joseph M. Beith
Protective Life Insurance Co. of
Birmingham
Ala
Timothy Brown
Parliament Hill
John
Lyin
Brian
Free Canada
Trade Mulroney
Minnesota-Mantoba
CareLimi
Edison Learning Center
Take Avenue Elytio
Edison Learning
Loke
Elyna
Festgete Lestning Center
Logan Street
Asbury Methodist Church
Maddie Ave
Flynn
Madview Maddie School
Capel Road
Grafton
North Ridgewile High School
Pitts Bird
North Ridgeville
Tuesday Thoreday
Elyriag
Careunit
Allen Memorial Hospital
Oberlin
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