Goodyear closes Akron metal rim plant after vote
Goodyear says its decision to shutter the Akron metal rim plant is final. After Local 2 members rejected concessions, including a 25 percent pay cut, the company will close the plant in 12 to 18 months and seek new locations outside Akron. The move affects about 434 hourly workers plus salaried staff.
MENTIONED IN THIS ARTICLE
Akron
Goodyear Tire & Rubber Co
United Rubber Workers
Goodyear
John Perduyn
Bill Breslin
Local 2
Perduyn
Breslin
Creston Livestock Auction Totals Mixed Household Sale
In Creston consignors sold about a third of livestock Monday at Cramton Auction. Buyers purchased 216 calves with top prices around 867.50, plus goats, sheep, hogs and cattle across categories. Bulls, feeders, and cutters ranged from 30 to 959.50 in assorted lots.
MENTIONED IN THIS ARTICLE
Creston
Cramton
Ohio egg prices fall to retailers in major cities
Columbus AP reports egg sales to retailers in Ohio cities with cartons delivered. Extra large 67 to 70 cents, large 60 to 69, medium 44 to 48, small 30 to 33 cents. Light-type hens are too few to report.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Metal prices and farm bids close for yesterday
New York AP reports closing Comex prices for metals led by Gold at 40 per troy ounce and Silver at 45.0210 per troy ounce. Aluminum 50.50 cents, Copper 66-06 cents, Lead 22-24 cents, Zinc 41-44 cents, Tin 3.4680, Mercury 3260-280 per 76 lb, Platinum 437-430 per troy ounce. Lorain County Farm Bureau Cooperative Association bids at market close list Wheat 2.20 per bushel Shelled Corn 1.81 Oats 4.78 Soybeans 5.10 per bushel.
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New York
Boeing
Aly
Burrgh
Enron
Gmot Sr
GaPac
Gibron
Grace
Ih Kmart
Marton
Jariot
ATS Merck
Merl, N BO Agi
Mids Ij
MMM
Mobil
Morgan
Motorla
ICR
Nlind
Nmede
NtSemi
Owen
Pepsic
Pfizer
PhilaEl
Ya PhilMr
PhilPet
Het Plains N
Ma Salewy
Salema
Lorain County Farm Bureau Cooperative Association, Inc
IBM Profit Drop Drives Market Down In Q2
IBM said its second quarter profit fell 7.7 percent to $2.12 a share, under analysts’ $2.44 forecast, and warned that without North American capital spending gains earnings growth in 1986 may be hard to achieve. The stock fell $3.25 to $139.67, aiding a broader market decline as investors worried about the U.S. economy. Revenue rose 7.3 percent, as IBM sold more products but earned less.
MENTIONED IN THIS ARTICLE
New York
International Business Machines Corp
IBM
John Akers
North American
North America
Ibm’s
U.S
USW demands strike authorization in USX talks
United Steelworkers leaders seek authorization to strike at USX Corp to press for a new contract as talks in Pittsburgh edge toward the July 31 deadline. A strike seminar is set for July 21, with local presidents to return to Pittsburgh with member decisions.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Steelworkers
USX Corp
Gary Hubbard
USX
Hubbard
David High
U.S. Steel Corp
Wheeling-Pittsburgh Steel Corp
USX files debt overhaul plan and new securities
USX Corp. formerly U S Steel filed with the SEC for up to 1.5 billion dollars in debt securities and warrants to purchase outstanding debt securities. A prospectus supplement proposes 250 million dollars of debt units. It aims to refinance about 2.9 billion dollars of 12 5 percent guaranteed notes due March 1 1994 from the Marathon Oil acquisition.
MENTIONED IN THIS ARTICLE
Pittsburgh
USX Corp
Securities and Exchange Commission
U.S. Steel Corp
Marathon Oil Co
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