Kerkorian bids for Chrysler board ouster in proxy push
Las Vegas investor Kerkorian, Chrysler’s second largest holder with about 14.1 percent, seeks to unseat director Joseph Antonini and install Jerome York, Tracinda’s vice chairman and former Chrysler executive. Tracinda filed with regulators while Chrysler reviews governance policies.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Robert.j. Eaton
Kirk Kerkorian
Las Vegas
New York
Chrysler
Jerome B. York
Securities and Exchange Commission
Chrysler Board
Tracinda
York
Eaton
Kerkoother
Antonini
York Antonini
Kerkorian
Tock. Ees
Fidelity Investments
Automotive
SEC Warns NASD Reform Toward Nasdaq Enforcement
SEC Chairman Arthur Levitt pressed NASD directors in a closed meeting to pursue Nasdaq reform and warned of possible charges for failing to enforce basic trading rules. The NASD board approved a Rudman plan to overhaul governance and strengthen enforcement with more public representation. In Bucharest, Romania, the stock exchange began trading after a long delay, with five state firms and one private company listed and 905 shares valued at $5,856 changing hands in three hours.
MENTIONED IN THIS ARTICLE
NEW York — Securities and Exchange Commission
Arthur Levitt Jr
National Association of Securities Dealers’ Board
Levitt
NASD
SEC
Commission
Sourtes
Warren B. Rudman
Bucharest
Romania
Stock Exchange
Dow Breaks 5000 Then Retreats Amid Mixed Market Signals
The Dow Jones industrial average briefly topped 5000 before retreating to close at 4993.09, up about 30 percent for the year. The broader market showed weakness as the S&P 500 and Nasdaq composite fell, while optimism over a government funding agreement faded amid concerns about the economy and consumer spending.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Standard & Poor
Congress
Clinton
Caterpillar Inc
Neiman Marcus Holiday Express rolls through eight states
The Dallas retailer tours a 27 day rolling store aboard the American Orient Express, offering items from $4,800 handbags to $7.50 chocolate soldiers. Stopovers include Cleveland and New Orleans as the train visits 10 cities to reach about 30,000 shoppers and benefits Share Our Strength. The railcar tour emphasizes romance of train travel and brings stores to markets without Neiman Marcus locations.
MENTIONED IN THIS ARTICLE
San Antonio
Neiman Marcus
Cleveland
Pat Mitchel
United States
Jodie Corley
New Orleans
Jackson
Miss
Memphis
Nashville
Creston Livestock Auction Returns Strong Sale Numbers
Creston consignors moved 809 head of livestock at Monday’s auction, including 208 hogs with butchers 38 to 43.50, sows 30 to 35.50, boars 25 to 26, feeders 25 and down. Bulls 88 to 44.75, yearlings and calves mixed, veal calves with choice 90 to 107.50. Sheep offered good lambs 54 to 65, feeders 70 to 105, aged slaughter sheep around 21. An upcoming sale at 1 p.m. features 400–500 head of feeder cattle and 150–200 bred cows.
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Aotal
Creston
Sam Helin
Gnltov
Beos Prs Sos
New York
NYSE
Hewicks
Boeing
Texaco
He McDakis
Unkcom
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Kirk Kerkotian
Bloomfield Hills
Kmart
IBM Corp
IBM
Los Angeles Times
Ricks Cabaret of
Houston
Dow
Harrig
Dow Jones
Aaa
Texas
Corley
Nellie McKee
Creston Livestock
Terri McKenzie
Boston
Early Quotation Hill Dept
Pierre R. Smith Co
Invacare
Acme Cleve Leaf Seating
Ry Corporation
LNB Bancorp
Ces Greetings
Lesco Inc
Fair Mid-Am. Inc
Cyster Northern Savings
Ohio Edison Columbia Bus
P.N.C. Corp
CPC Inter. Inc
Parker Hannifin
Reliance Elect NA Emerson
Sherwin Willams
FirstMerit
Ford Sunrise Medical
General Motors
Texas Utilities
T.rw
Rte
Woolworth
F.W
Guest Supply Works International
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