Automakers expect mixed third quarter results amid costs
Analysts forecast GM and possibly Chrysler to post modest profits or near break-even in the third quarter, while Ford and AMC face red ink. Start-up costs for 1983 models and financing incentives weigh on earnings as US sales slide about 12.8 percent year to date.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Chrysler Corp
General Motors
Arvid Jouppi
U.S
Ford Motor Co
David Healy
Drexel Burnham Lambert Inc
New York
Healy
Ford
Henry Ford II
United Auto Workers
Douglas A. Fraser
Chrysler
Jouppi
Town ousts chemical firm in two year zoning dispute
Parsippany-Troy Hills New Jersey wins a two year court case forcing Synthatron Corp to move its toxic chemical work and close by October 27. Judge Reginald Stanton ordered the company out and directed the DEP to monitor transfer to a Pennsylvania site. Mayor Frank Priore and resident Maurice Mader framed the decision as prioritizing safety over tax revenue.
MENTIONED IN THIS ARTICLE
Parsippany
Troy Hills
N.J
Frank Priore
New Jersey
Reginald Stanton
Synthatron Corp
Priore
Maurice Mader
Intergale
Synthatron
Mader
Stanton
State Department of Environmental Protection
Pennsylvania
Audubon prints fetch record prices at Houston sale
In Houston a John James Audubon great blue heron sold for 26000 while the prior night an Austin physician paid 35200 for a male wild turkey. Auctioneer Nicholas Stogdon noted the turkey remains the pricier item and declined to name the Saturday buyer. Dr. C Dale Parker set the Friday record at 35200 including a 3200 premium.
MENTIONED IN THIS ARTICLE
Houston
John James Audubon
Austin
Nicholas Stogdon
Stogdon
C. Dale Parker
New York
Parker
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