Opening stocks mixed as prime rates rise to 12 percent
Stocks opened mixed as several major banks lifted their prime lending rate to 12 percent. The Dow Jones fell 2.72 to 1,163.84 after minutes of trading, with gains and losses near even. Chase Manhattan and others raised rates, Midland Bank quickly matched, marking the third rise in two months.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Chase Manhattan
Hank
Citibank
Hanover ‘Trust Co
Marine New
Midland Bank
Wall Street
Unclear OCR snippets on butter eggs prices and markets
Fragmented text shows a jumble of terms including butter, eggs, prices, and market notes with numerous garbled words. No clear event, date, or entities emerge to anchor a concise summary. The readable fragments offer no coherent news item or named subjects.
Consumer confidence indexes rise amid positive economic signals
The University of Michigan reports its consumer confidence index at 99 for the first quarter, the highest since 1966, while the Conference Board finds April confidence at 97.9, the strongest since 1984. Richard Curtin notes 90 percent of surveyed families expect higher spending this year as prices and mortgage rates influence sentiment. The Commerce Department records a quarterly trade deficit of 298 billion dollars, a new high, with projections suggesting continued weakness unless trends reverse. The Veterans Administration also signals a 1.45 percent increase in the rate on near mortgage loans it guarantees.
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Hipher Sul
Ford Motor
Melesie
API
Alta Ata
Bn Ag
Seth
Coleen
Cary Conslow
Peltayr
Tauris
Wwe
Lee
Ale Staley
Pierre
Mtr
Deven
Shird Corparaban
AML
Toranaunty Farm
Hureau
Veecuilen
Amership Bustry
Doe di Jr
Aroercan Stindart
Vester Chrorattoy
Taut
Ea Aetadrichy
Ibn
Als Mutuals
Thancar
Tireyfus
Sybron
Texas
Brive Incorne
Wales
University of Michigan
Ats
Richard Curtin
University of Michigan Survey
Commerce Department
U. S. Industry Strives To Narrow Robot Gap
In Boca Raton, US industry races to close a growing robot gap as ITC data show only 7232 industrial robots in use versus 31,900 in Japan. Experts say robots boost productivity and shift workers into skilled jobs, while IBM joins the effort with a $120000 Model 7565 aimed at light, flexible tasks.
MENTIONED IN THIS ARTICLE
Arthur D Little Inc
ITC
Ibms
IBM
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Jerrry Donner
Signal Uop Research Center
Des Plaines
U.S
Boca Raton
Fla
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United States
Centar Gi
Deval
Fort Lauderdale
Devol
International Business Machines Corps Robotic Assembly Institute
Japan
Dan Scherer
Radice Paull
America
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Eafest VD
Tandy Corporation
Paiges
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Anand Sla
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Bmostm Teryth Goss Dee
Taft
Garfield
Harrison
Jo Viniv
SE Ooumt
Oln
Citizens Home Savings
Main Othics
SAO
Brads
Lorain
Otho Bacations
Amherst
Veron
Oakweed Plaza
Oberkin
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Midway Mal
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