Powder Detergent Plant to Quit in Cincinnati Suburb
Procter & Gamble will stop producing powder laundry detergent at the Ivorydale complex in St Bernard Ohio by mid 1999. The move affects 280 jobs though no involuntary layoffs are planned. About 2,300 of P G's 15,000 Cincinnati area employees work in St Bernard. Other production will continue at the site.
MENTIONED IN THIS ARTICLE
Cincinnati
Procter & Gamble Co
St. Bernard
Ivorydale
Interstate 75
Union backs Conrail deal ends rail labor opposition
The United Transportation Union agrees to support the CSX and Norfolk Southern plan to buy Conrail for 10.2 billion dollars in exchange for strengthened job protections and automatic certification for affected workers. The move could influence regulatory approval and set a blueprint for future union agreements, amid a battle over train crew representation and ongoing talks with both carriers.
MENTIONED IN THIS ARTICLE
United Transportation Union
Rail
CSX Corp
Norfolk Southern Corp
Conrail
Surface Transportation Board
Brotherhood of Locomotive Engineers
Rail Labor
Norfolk Southern
CSX
Charles Little
Ments
Norfolk
Stocks retreat as jitters persist in 1998 outlook
U S stock markets slipped as weak 1998 earnings outlooks outweighed solid late 1997 profits. The Dow dropped 92.92 to 7691.77 while Nasdaq held up modestly. Digital Equipment rose 17 percent on a better quarter, while Kodak warned on future margins amid a strong dollar and price war.
MENTIONED IN THIS ARTICLE
New York
Jim Weiss
State Street Research and Management Co
Eastman Kodak
Fuji
Kodak
U.S
Richard E. Cripps
Lege Mason
Baltimore
Digital Equipment
Manufacturers say price hikes unlikely in 1998 outlook
The National Association of Manufacturers warned U.S. price increases will be limited in 1998 due to a strong dollar and weak Asian markets. The report projects inflation near 1.6 percent for 1998, down from 1.7 percent in 1997, suggesting room for the Federal Reserve to ease rates. It also argues deflation is unlikely and notes real rates remain restrictive amid Asia’s weakness.
MENTIONED IN THIS ARTICLE
Washington
U.S
National Association of Manufacturers
Association
Federal Reserve
Jerry Jasinowski
Jasinowski
Fed
Asia
Early Ost Active Stocks in New York Trading
NYSE list shows broad activity with ATaT and Analog among the top movers. Traders focus on high volume names including banks, tech peers, and industrials as price ranges and daily changes appear across multiple sectors.
MENTIONED IN THIS ARTICLE
YORK
NYSE
Antioch
BancOne
BekSo
Bovings
Basie
Cotten
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Fort Worth, Texas
KRT
American Eagle Carriers
American Eagle
Barbara McNaughton
Association of Flight Attendants Master Executive Council
AFA
National Mediation Board
Clinton
International Monetary Fund
House
Union
Southern
The
Transportation Trades Department of
Afl-Cio
Ford Motor Co
Kansas City
Boston
Southeast Asia
Hong Kong
Indonesia
Suharto
International Money Fund
Jakarta
Digital’s
New York Stock Exchange
Standard & Poor
Microsoft
Sun Microsystems
Te Limited
Dso
Ele
Oz Ose
MR Asean
STM
SH Ae
Bar Biz Beret
Spesrio
Nowests
PaBey
Ste PrnSur
Breidd
Rob Fale
Rayims
Rowan
Baha Rayins
Abi Ake
Schags
AKZO
Sears Oge Senhdes
Chico
Ely
DuPont
Arden
FeDety
Ats Ford
FredMac
Mae
Abe
Argus
Aghe
Akin Investment Securities
Aegon USA Securities, Inc
NASD
Sipc Allied Corporation
Alttel
American Greetings
Bob Evans Farms
Cedar Fair
Chrysler 425/a
CoBancom Inc
Columbia Gas
CVS Corp
Emerson Electric
Engiehard V7
FirstMerit Bancorp
Ford Motor
General Motors Geon BF Goodrich
Guest Supply Hits Dept
Invacare Corp
Keycorp Lear Seating Lnb Bancorp Itv Lesco Inc. Limited
Mid-Am, Inc
Nordson Corp
First Energy P.N.C. Corp
Parker Hannifin Rpm Inc
Royal Appliance
Sherwin Wiliams Smuckers
SJMA
Sunrise Medical TR. Usx York Internatonal
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