D-Day signals end of Federated store war
Federated Department Stores prepares final bids from Campeau Corp and Macy’s to settle a $6 billion takeover fight. A federal judge allowed bid submission with a review meeting planned, while Campeau contests bidding guidelines and the “poison pill” defense amid Macy’s backed merger.
MENTIONED IN THIS ARTICLE
New York
Federated Department Stores Inc
Campeau Corp
R.H. Macy & Co
Federated
Campeau
Macy
Rolfe
Macy-Federated
Monroe H. Greenstein
Bear Stearns & Co. Inc
Federated Management
Federated Board
Greenstein
Metals Prices Close Mixed on Comex and Merc Markets
New York AP reports closing prices on the Comex and Merc render metals values for nonferrous items. Gold set at 455 90 per troy ounce while silver trades at 67 30 per troy ounce and platinum at 518 70. Aluminum 120 per pound copper 10425 a pound lead 34 cents zinc 47 cents tin 42251 per pound and mercury 345 355 per 76 pound flask.
MENTIONED IN THIS ARTICLE
New York
Tursday
Iat
NYSE
Abya
Baxter
Pat Bat
Pasbry
duPont
FEY Bietty Rhodes
Exxon
Salomn
Fedds
Ratph Goodyt
Groher Hanson
Hewick
Wit Ucarb
UniTel
WalMt
Farmal Mutuals Markets Report Grain Prices
Readable text shows Lorain County farms trading Wheat at 2. Com fa. Oats noted at 14.24 per bushel with a price of 170 per Seyteana. The fragmentary OCR provides limited clear context for exact entities.
MENTIONED IN THIS ARTICLE
Lorain County
Barean Cative Samsratts
Leading indicators lift market with home sales surge
A 0.9 percent February rise in the Index of Leading Indicators and a 20.3 percent jump in new home sales spur a broad stock rally. The Dow gains 18.57 to 1,998.34 as the dollar strengthens and treasury yields fall, easing recession fears from the October crash.
MENTIONED IN THIS ARTICLE
Associated Press
New York Stock Exchange
N Y firm seeks OK to up Texaco holdings
Kohlberg Kravis Roberts disclosed ownership of 4.9 percent of Texaco and sought government approval to raise stake to 15 percent under Hart-Scott-Rodino rules. Icahn, Pickens, and Getty Petroleum also eye stakes as Texaco faces potential auction and breakup.
MENTIONED IN THIS ARTICLE
N.Y
Texaco Holdings
Chicago
Texaco Inc
Texaco
Kohlberg Kravis Roberts & Co
Kohlberg Kravis
Securities and Exchange Commission
SEC
Pickens
Mesa Limited Partnership
Icahn
Trans World Airlines Inc
Getty Petroleum Corp
Getty Oil Co
Texas
Pennzoil Co
U.S. firms invited to bid on Japanese public works
U.S. Trade Representative Yeutter and Japan’s Ozawa announce a settlement in the long running construction dispute and invite American contractors to bid on Japanese public works and semi official projects. Deputy Commerce Secretary Moore says real proof will come with future access and plans to mobilize major firms.
MENTIONED IN THIS ARTICLE
U.S
Washington
Clayton Yeutter
Ichiro Ozawa
Ozawa
Michael Smith
Commerce
C. William Verity
Early warning provision kept in trade bill
U S house and senate trade bill writers approved a plan requiring companies to give employees advance notice of plant closings and large layoffs in defiance of President Reagan. Administration warnings warned that including the provision could doom the 1000 page trade package designed to boost the U S global market edge. Labor Secretary McLaughlin urged dropping the provision or facing a veto.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Reagan
U.S
Labor
Ann McLaughlin
Also Mentioned on This Page
Leonard B. Sand
Sand
Ronald Rolfe
Campeanu
Macy Federated
Riyadh
Saudi Arabia
Cairo
Monico City
Mutuals
Sell
Bay Amer-Wash Mutual
Dreyfus
Fidelity-Puritan
Hancock-Road
Mass Fin
MIT
World
Vanguard
Wellgin
Pierre R Smith & Co
Acme Clevere
Allied Corporation
Alltel
AmerShip Building
American Standard
Foy First Bancorp
Goodrich
TO Industries
Tavacare
LCB Bancorp
LNB Bancorp
Levco Inc
Mt Nordson
Northern Savings
Ohio
Parker Hanmfin 35Th
Smecker
Sunrise Medical Ti
Texas Atiities Thiefa Tan
York International
Treasury
Chicago Tribune
Beatrice Co
Carl Icahn
T. Boone Pickens Jr
Don Fernow
Thomson McKinnon Securities Inc
Fernow
Beatrice
U.S. Commerce
W. Allen Moore
Noboru Takeshita
Michele Czipe
Whitman's Chocolates
Philadelphia
Whitman
Whitman's
IC Industries
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