Cincinnati bank to buy 28 Society branches under consent decree
Cincinnati based bank will acquire 28 Society Corp branches as part of Society’s merger with Ameritrust Corp. Star Bank NA will receive the offices along with about $1 billion in deposits and $400 million in loans. The deal, valued around $1.2 billion, includes exchange terms converting Ameritrust stock to Society shares. The merger was approved by regulators and shareholders, with a 60 day public comment period before final court ruling.
MENTIONED IN THIS ARTICLE
Cleveland
Cincinnati
Society Corp
US Justice Department
Society
Ameritrust Corp
Star Bank NA
Ameritrust
Robert W Gullespie
Star Bank Corporation
Justice Department
Antitrust Division
Gillespie
Ge Ag
Blue collar blues in Chicago as voters seek viable Democrat
In Chicago's Southeast Side blue-collar workers facing mill closings despondent over a weak Democratic field. Uribe, an United States Steel South Works worker, says no candidate stands out while Clinton or Tsongas barely spark support. The wobbling labor bloc worries about job losses, economic fear, and a lack of security as Michigan and Illinois head to primaries.
MENTIONED IN THIS ARTICLE
Uribe
Billl Clinton
Paul Tsongas
Chicago
Inlinois
Michigan
Clinton
Arkansas
Tsongas
Massachusetts
Tom Harkin
California
Jerry Brown
Michigan Teamsters
Steelworkers
United Auto
Hynerstore Home Centers files for Chapter 11 bankruptcy
Akron based Home Centers Inc parent of Hyperstore and Home Centers appliance outlets seeks court protection. Assets listed at 33.4 million with liabilities of 30.4 million. Major creditors include First National Bank of Akron and Transamerica Finance. All 14 outlets closed March 12 to protect assets while vendors are met to plan inventory actions. Net losses posted each quarter, with 545000 first quarter loss and 597000 second quarter loss.
MENTIONED IN THIS ARTICLE
William &. Schonberg
Cleveland
Benesch Friedlander Caplan & Aronoff
Home Centers Inc
First Family Group Inc
Schonberg
First National Bank of Akron
Whn
Transamerica Finance Corp
At&t Credit
General Electric Capital Corp
Ohio
Home Centers
Gasoline prices dip slightly overall in three weeks
Retail gasoline prices slipped about half a cent per gallon in three weeks, averaging $1.17 at all pumps as of March 13, down 0.44 cents from February 21. Self serve prices were $1.03 for regular, $1.21 for premium, and $1.03 for regular leaded. full service $1.32 for regular unleaded, $1.49 for premium, and $1.36 for regular leaded.
MENTIONED IN THIS ARTICLE
Los Angeles
Trilby Lundberg
Wall St. AMEX lists 21 start-up firms on new market
The American Stock Exchange named 21 companies lured from the over-the-counter market to trade on its new market for start-up firms. Trading is scheduled to begin Wednesday with lower financial standards than those required for the nation’s second-biggest exchange.
MENTIONED IN THIS ARTICLE
New York
American Stock Exchange
Stock Markets End Mixed After Government Report
Stock prices rose Friday after a government report showed wholesale prices up modestly. The Dow Jones 30 industrials closed up 27.28 at 3,235.91 while futures and commodities moved variously with gold down, wheat at yearly lows, oil higher, and cattle up.
Ford plants in Lorain Avon Lake eyed for Q1 award
Ford Motor Co's Lorain Assembly Plant and Avon Lake Truck Plant are under review for the Q1 award honoring quality. Evaluations of the Econoline side were completed and a recommendation filed. Winners will be announced in about a week with a plant celebration possible if selected.
MENTIONED IN THIS ARTICLE
Lorain
Avon Lake
Ford
Ford Motor Co
Bill Carroll
Carpivyces
Carroll
Also Mentioned on This Page
Cincinnati Bank
Cuyahoga County
Federal
Indiana
Florida
Dem
Butch Anbe
USK Corp
Sean McAhnden
University of Michigan
Office For
Cru
Cial
Line
Tinas
Workers Local 1776
Bob Thorpen
Aurora, Til
Caterpillar Inc
Brown
Ray Pasnick
United Steelworkers of America
Patrick Buchanan
Pasnick
Butch Uribe
James Morris
Jeff
Joe Jarzabkowski
USX Corp
South Works
el Nifatettoe
Fardm
Syntex S
Absa Aglee Ab
GaPac
Tandy
Giaxos
Telex
NYSE
Grace Yao Aa Ary Ae Ae
Teanco
Texaco
Heinz
Usxmar
Abarch Wa
Ms Unisys
Eat unTech
Unocal
Wem
Valasis
Aly Love
IBM
Amoco
Inshin
de JonnJn
Wells
Ia Ag Va Archon
Ely
Asarco
LaPac
Boeing
Pierre R. Smith
Merck
Mobil
Monsan
Va Allied Corporation
Chase
Morgan Ralan Cay
Alltel
Amerdhip
Shrysie
Citicorp
Sota Pepsie
Ie Hills Dept Digital Cr
If Inc
Mid-Am Inc
Ekodak
Ala RalsPu
Nordson AB Eipng
Northern Savings
Ohi Enans
ReyMir
Ohio Batson Sd
Exxon
Reyib Dive
Parker Hannifin
FedExno
Smuckers
SJMA
SchrPl
Sunrise Medical
Schimb
Sears
SoMers Woolworth
Wee At
Inclides
Pactic Islanders
Ccc Ewrnes
Hynerstore
Hyperstore
Wall St
AMEX
Casey Turton
C.T
Bree
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