Five candidates to lead GM Saturn after Sanchez death
Five men surfaced as possible successors to Joseph Sanchez as president of GM Saturn Corp after his death from heart attacks. Profiles cover JOHN SMITH a GM finance veteran. JOHN GRETTENBERGER former Cadillac VP. DONALD HACKWORTH Buick GM leader. ROBERT SCHULTZ engineering chief. REID RUNDELL Saturn executive director.
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Detroit
Joseph Sanchez
New Saturn Corp
Sanchez
John Smith
Toyota
Fujitsu Fanue
Boston University
Smith
Fisher Body
Framingham
Mass
New York
John Grettenberger
Cadillac
Massachusetts Institute of Technology
Oldsmobile
Los Angeles
Olds
Adam Opel AG
West Germany
Buick City
Ohio State University
Delco Moraine
Dayton
GM of Canada
Buick
Robert Schultz
Chevrolet-Pontiac-Canada
Michigan State University
Lansing
Engi
Neering
Schultz
Delco Electronics
Kokomo
Ind
Reid Rundell
Saturn Corp
Saturn
University of Detroit
Wayne State University
Chevrolet
Chevy
Gm-Holden’s Limited
Australia
Holden’s
Pierre A. Smith & Co
Pierre R. Smith & Co
John F. Smith
Presid
AT&T posts 1984 profit of 1.379 billion after divestiture
AT&T reports 1984 earnings of 1.379 billion on 33.19 billion revenue after selling Bell System telephone units. Chairman Charles L Brown says results undercut earlier 1984 forecast of 2.1 billion and promises improvement in 1985 and beyond amid regulatory misalignments and strong asset base.
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New York
American Telephone & Telegraph Co
Bell System
Charles L. Brown
At&T’s
At&t
Investor Opposes Phillips Restructuring Plan
New York AP report states financier Irwin Jacobs is buying Phillips Petroleum stock and will vote against a $3.5 billion restructuring. The disclosure triggers market speculation of a potential takeover bid after Phillips barely escaped Mesa Petroleum’s attempted raid led by T Boone Pickens Jr. last month.
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New York
Irwin Jacobs
Phillips Petroleum Co
Phillips
T. Boone Pickens Jr
Mesa Petroleum Co
Dollar Steady in Thin Trading As Gold Dips Near 300
The dollar rose against most major currencies in thin European trade as gold slipped below the 300 level. Sterling remained under pressure amid oil price speculation ahead of OPEC talks in Geneva. Major euro rates showed modest gains for the dollar with yen closing higher in Tokyo. London bullion houses pegged gold around 298.60, while Zurich and Hong Kong quotes reflected slight declines.
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London
Europe
West Germany
New York
U.S
Britain
North Sea
OPEC
Tokyo
Zurich
Hong Kong
Bull market fuels appetite for speculation and gains
Cash flows into equities as analysts describe a broad rally across major indices. Investors, including portfolio managers, chase quick gains amid rising stock prices, strong earnings prospects, and easing inflation.
MENTIONED IN THIS ARTICLE
Robert Wibbelsman
Wibbelsman
Kayne Anderson & Co
Los Angeles
Bank One to open sales boutique branches in Ohio rollout
Bank One plans a new generation branch at Kingsdale Shopping Center featuring automated tellers and a sales boutique area offering travel, insurance, real estate and brokerage services. The 4,000 square foot center will trial interactive video terminals and customer PCs for account access and bill paying. A second boutique branch is planned for Akron later this year.
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Columbus
Bank One
Kingsdale
Columbus Day
John F. Fisher
Banc One Corp
Fisher
Kroger
Sears
Penney
Cmpanies
Diebold
Akron
Banat
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