Opening stocks slip as banks close for Columbus Day
The market headed lower with a 3-2 lead for losers over gainers among NYSE listed issues. A quiet session was anticipated as many banks and businesses were closed for Columbus Day observance.
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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Oct 08, 1984
Page
6
Major banks show bullish breakout on downtrends
Major Trends notes money center banks emerging from long downtrends on heavy volume with prices below book value and yields solid. Citicorp First Chicago and Bank of America cited as favorites with favorable chart patterns, signaling potential upside despite broader market nerves. Disneyland strike tensions rise as unions seek wage gains amid wage freezes. About 2,000 people sang near the park. unions press demands of 3 to 8 percent yearly raises. Insider buy-sell ratio shows cautious bullish sentiment, with insiders selling more than buying, a rare early warning signal.
MENTIONED IN THIS ARTICLE
Milwaukee
Wis
Money Center
Citicorp
FNC
First Chicago Fnb
NYSE
Midwest
Bank of America
BAC
Bank Credit Analyst
Montreal
Quebec
UAW Divided Over GM Pact As Voting Totals Trickling In
About 15 percent of GM locals reported results with 17 in favor and 10 against the tentative contract, a 50.4 to 49.6 percent split. UAW President Bieber warned that a rejection could trigger a nationwide GM strike, as most members have yet to vote by the October 14 deadline.
MENTIONED IN THIS ARTICLE
New York
NYSE
At&t Nl
Aurich S
Hlta
Ate BeatUo
Aion
Boeing
Gata Ta Bowitra Lde
Brislm
CIGNA
Ig Deere
Dennys
EastAir
EsKod
Echlin
Ty Eds
Enstre
Exxon
Flapl
Ford M
Halbin
Lockhdade
Detroit
United Auto Workers Union
General Motors Corp
UAW
Owen Bieber
General Motors
Bieber
the Lion
Jessica Katz
National Union
Terry Thurman
Bedford
Ind
Thurman
Tom O’donnell
Chevrolet
Buffalo
N.Y
al Alli
Lordstown Assembly
Alli
Detroit Diesel
Allison
Romulus
Mich
Saginaw
Harrison
Columbus
Ohio
Fisher Body
Baltimore
Ford Motor Co
MBA Degree Shakeout Looms for U.S. Business Schools
Experts warn a shakeout may reduce MBA schools by at least a quarter by decade's end as enrollment slows and market saturates. Wharton graduates earned near 40 000 dollar first year salaries with many receiving cash bonuses for accepting offers, while overall MBA demand remains strong this year.
MENTIONED IN THIS ARTICLE
Terry Bivens
Knight-Ridder
Wharton School
Philadelphia
World of Commerce
Wharton
United States
Thomas F. Keller
Fuqua School of Business
Duke University
Durham
Russell E. Palmer
Keller
Palmer
Pennwall Corp
Steven M. Roffwarg
Association of Mba Executives
New York
National Center For Education Statistics
Also Mentioned on This Page
Ba Mobil
Pardyn
PulteHm
Ty Raythn
Schimb
Searleg
Texinst
TexUal
Acre Cleve
Allied Corporation
Alhel Amf Inc
AmerStop
American Standard
Cleveland
Blee
Imri Cpc Inter Inc
Emerson
Fruehaut
Goodrich
C Industries
Lear Siegler
Lorain Bancorp
Mitland Ross
National Gypsum
Bordsan Ibis Ohio Edison
Parker Hannifin
Smucker
Sybron
Texas Utilines
Toledo Edison
Walco
Woulworth
Dick Davis
Knight-Ridder Newspapers
Disneyland
Anaheim
Calif
Walt Disney
Disney
Michael O'Rourke
Tel
Mid-Ohio
Pennsylvania
Collet HS Jellery
Dave Pacanosky
Jonathan
Griswold Road
Susan
Elyria
New Pennsylvania House
Bernie Noble
Bedford Heights
Seaway Foods Inc
Canal Fulton
Coshocton
Bellevue
Kroger Co
Medina
Robert Russell
Bernard Siegel
Cleve-Lorain Co
Liberty Mutual
Liberty Mutual Insurance Company
Detroit Rd
Westlake
Jack Matia
Prout Chevrolet 1100 E. Broad
Ely
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