LTV Steel backs tentative labor contract in bankruptcy
LTV Corp endorses a still tentative labor deal with United Steelworkers aimed at saving the Cleveland based company under bankruptcy protection since December. The pact would give the union 20 percent ownership, two board seats, and a profit plan, with final terms to be reviewed by July 30.
MENTIONED IN THIS ARTICLE
Youngstown
LTV Corp
LTV
United Steelworkers of America
David Heiman
U.S
William Bodoh
Paul Singer
Herman
William Bricker
Bodoh
LTV Steel
Ohio
States
Canada
Britain
Cleveland Works
Mike Rubicz
Steelworkers Local
Warren
May job worries slow consumer borrowing
U.S. consumers, worried about jobs amid layoffs, borrowed money at the slowest May pace in 19 months with total consumer credit rising by 6.5 billion dollars at a 4.9 percent annual rate, below analysts’ forecast. Revolving credit rose 3.2 billion. nonrevolving credit grew 3.3 billion as Fed pursues rate cuts to spur spending.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
May
Paul Taylor
National Automobile Dealers Association
Fed
Alan Greenspan
Treasury
Paul O'Neill
Desney OA Bead and Related Stocks Digest
A compact snapshot lists opening stocks and varied tickers from multiple firms and sectors, including ACE Ltd, ExxonMobil, Goldman Sachs, CVS, AmGen, General Electric, and Gateway. It shows scattered numbers and prices, hinting at a market overview with financial figures for several entities and indices.
Local stocks list and prices from Early Quotation
A dense tally of securities with prices from Early Quotation supplied by Akin Securities through Walnut Securities. It includes American Greetings Ames Department Stores Bob Evans Cedar Fair Nisource CVS DaimlerChrysler Emerson Englehard First Energy FirstMerit Ford General Motors PolyOne BFGoodrich Fifth Third Honeywell and many more, listing bid and ask-like figures and scattered cryptic codes.
MENTIONED IN THIS ARTICLE
Akin Securities
Walnut Securities, Inc
Naso, S Assal
Allall
American Greetings
Ames Dept. Stores
Bob Evans
Cedar Fair
Nisource Inc
CVS Corp
DaimlerChrysler
Emerson Electric
Englehard
First Energy
FirstMerit Bancorp
Ford Motor
General Motors
PolyOne Corp
Bfgoodrich
Fifth Third Bank
Honeywell, Inc
Blue chip rally lifts Dow as AT&T bid spurs buyers
In New York on Monday bargain hunting and news of an unsolicited 41 billion bid for AT&T Broadband lifted blue chip and tech stocks. The Dow rose 46.72 to 10,299.40 while the Nasdaq gained 22.55 to 2,026.71 and the S&P 500 added 8.19 to 1,198.78 amid cautious sentiment ahead of second quarter reports.
MENTIONED IN THIS ARTICLE
New York
At&t
Ronald J. Hill
Brown Brothers Harriman & Co
Standard & Poor
Comcast
At&t Wireless
EMC
Dow
Comair Strike Hits Cincinnati Businesses Hard
The 89 day Comair pilots strike cut airline traffic and hotel bookings in Cincinnati area. Public groups rely on hotel tax revenue face budget woes and staffing cuts as tourism revenue falls. Airport passenger numbers dropped in April, with hotel markets down 5 to 15 percent for the year.
MENTIONED IN THIS ARTICLE
Cincinnati
Comair
Northern Kentucky International
Commonwealth Hotels
Gordy Snyder
Snyder
Greater
Convention and Visitors
Ohio River
Kentucky
Vention and Visitors Bureau
Northern Kentucky
Tom Caradonio
Greater Cincinnati
Mike Wilson
Wilson
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