Ford paid steep price for Jaguar worth five times assets
Ford Motor Co reports in its annual filing that the 2.5 billion Jaguar purchase was five times Jaguar's tangible asset value, supporting analysts that the brand's value exceeds its plants and inventory. The report notes potential for global sales growth and that 2 billion overvaluation will be amortized over 40 years. Caldwell will leave Ford's board in May. Petersen retired March 1.
MENTIONED IN THIS ARTICLE
Ford
Jaguar
Knight-Ridder
Detroit
Ford Motor Co
Associates
Caldwell
Fuel oil drop steadies inflation at 0.5 percent in February
The Labor Department reports February CPI up 0.5 percent, helped by a 18.7 percent drop in fuel oil after a 26.3 percent jump in January. Energy costs eased while clothing and other categories rose, shaping a cautious inflation outlook for 1990 amid high year-to-date gains.
MENTIONED IN THIS ARTICLE
Washington
Tokyo Stock Exchange Declines Sharply Again
Tokyo shares fall as Nikkei plunges 456.05 points to 30,807.19, continuing a two day 1,809.25 point drop amid yen weakness. The dollar closes at 153.65 yen, the highest since 1987, reflecting ongoing market turmoil and lack of easing measures.
MENTIONED IN THIS ARTICLE
Tokyo
Tokyo Stock Exchange
Creston Livestock Sale Many consigners at Creston auction
A Creston sale saw 303 consigners move 720 head of livestock plus two goats at 50 dollars each. First cutting hay brought 85 to 102.50, second cutting alfalfa 145, third alfalfa 142.50 to 190, and wheat straw 40 to 55. Calves listed varied from 51.10 for choice to 60 and down for Out calves, with crosses and bulls priced accordingly. Cattle prices ranged from five to eighty plus dollars for steers, heifers, cows, and feeders, with Holstein feeders up to 66 and calves under 300 pounds up to 1.08 per pound.
MENTIONED IN THIS ARTICLE
New York
NYSE
Ms Alcoa
Endesa
Exxon
Va Amoco
Genel
Grace
Halbin AM
Ingarrd
Ievy Limited
Mattel
SaVa Va Deere
Paha Merck
Creston
Marketing executive earns national award in MMC program
Gail Hogan of Cuyahoga Community College Metropolitan Campus won NCMPR's top prize in government and community relations for organizing a recruitment event to boost minority awareness of higher education. Hogan, a Chronicle Telegram reporter and CCC alumna, holds a BA from UMass and is active in PRSA Women in Communications and IABC.
MENTIONED IN THIS ARTICLE
Cleveland
Gail Hogan
Cuyahoga Community College
National Council For Marketing and Public Relations
CCC
North Ridgeville
NCMPR
United States
Canada
Hogan
Chronicle Telegram
University of Massachusetts
Public Relations Society of America
Women In Communication
International Association of Business Communicators
Also Mentioned on This Page
Tion
Chris Cedergren
J.D. Power & Associates
Agoura Hills
Calif
Chrysler Corp
American Motors Corp
Cedergren
Ford Annual Report
Harold
Red) Poling
Europe
North America
The
Far East
Philip Caldwell
Donald Petersen
Labor Department
MMM
Sats
Mobil
Hs UnTech
Morton Morgan
Matorla
Varian
Wathart
PhrDg Sté
Primca
An Allied Corporation
Prosir
Tia
Ye Alltel i Psvnm
Amership
Terior
Reebok
CPC Inter
Inn
ReyMtl
Emerson
Rockwl
Rover
Ys Invacare
Sears
Ama— Ya Lcb Bancorp
SmtBeq We
SouthCo
Macorp
Swahl Td
Wa Lesco Inc
Suntist Ba
Nordson Abm
Northern Savings
Tandem
Ohio Edison
Texaco 3A
Texinst
Parker Hannifin
Toyrus
Smucker
Sunrise Medical
Texas Utilities
Ucarb
Davy Woolworth
Va Mid-Am Inc
Creston Livestock
Mingus
Phaan
Earth
Nationwide Bank
Akron
Amherst
Elyria
Lorain
Broadway
Oberlin Ave
North Olmsted
North Randall
Parma
Solon
South Euclid
Willowick
1St Nationwide Bank
A Federal Savings Bank
Ford Motor Company
United
Chicago
UAL Corp
UAL
Stephen Wolf
United Airlines
Wall St
Milken
Drexel Burnham Lambert Inc
Michael Milken
Kimba Wood
Wall Street
Open Market Committee
Taadler
ROYAL
Cleveland Street
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