Opening stocks dip as market pauses after rally
The New York market declined slightly with the Dow slipping 1.76 to 1235.76 in early trading as losers led gainers 5 to 3 on the NYSE. Analysts cited no clear economic trigger, noting traders booked gains while rates rose in credit markets dampening the rally. Friday's session had the Dow up 9.27 to 1237.52, for a weekly gain of 30.14 points. Advances still outpaced declines by more than 2 to 1.
MENTIONED IN THIS ARTICLE
New York
Data General
Boeing
Teledyne
McDonald's
NYSE
Ralesigh
PeopEn
Pfizer
Pilsby St
Raytha
City
Schimb
Oh Ty Clorox
Sears
Tenaco
Texaco
Disney
duPont
Exxon
Pierre R. Smith
the Allied Corporation
Halbin
Alitet
Harris
AMF Inc
Hilton
Honda
Koners
Goodrich
TC Industries
LeviSt
Lear Siegler
Lockhd
Lorain Bancorp
Midland-Ross
Lilco
Dat Ordson
Ohio Edison Ihe
Parker Hannuin
Smucker Asta Masco
Bron
Texas Utilities
Mayds
Tales Edison
Melvill
Woolworth
Owens Corning to acquire Swedish Glasfiber subsidiary
Owens Corning Fiberglas to buy all interests in Scandina vian Glasfiber AB of Falkenberg Sweden, making it a wholly owned subsidiary in early 1985. The firm has held 40 percent since 1963 and employs about 450 workers. European plants span Belgium France Norway Spain and the Netherlands. Owens Corning Fiberglas is based in Toledo and is a leading maker of glass insulation and reinforcement materials.
MENTIONED IN THIS ARTICLE
Toledo
Owens
Corning Fiberglas Corp
Scandinavian Glasfiber AB
Falkenberg
Sweden
Owens-Corning
Europe
Belgium
France
Norway
Spain
Netherlands
Owens Corning Fiberglas
Rubbermaid expands reach with new products and growth
Rubbermaid reports six month sales of 245.8 million, up 18 percent from last year, with net earnings of 18.9 million or 1.22 per share. The Wooster company, known for plastic housewares, expands via acquisitions and new lines including Little Tikes, Servin Saver and upgraded overseas sales force to undercut market leaders.
MENTIONED IN THIS ARTICLE
Rubbermaid
Wooster Rubber Company
Stanley C. Gault
Gault
Wooster
General Electric
Gates
Contact
Little Tikes Inc
Ohio
Ennis Business Forms stock praised by Leeb as undervalued
Stephen Leeb an investment strategist in Jersey City NJ says Ennis Business Forms stock offers strong fundamentals and better than average prospects. He notes a price to earnings ratio no higher than the market, suggesting the stock is undervalued.
MENTIONED IN THIS ARTICLE
Ennis
EBF
Stephen Leeb
Jersey City
Gridiron Cafe to reopen as Chinese restaurant in Elyria
Elyria reports that the closed Gridiron Cafe at 118 Antioch Dr will reopen next month as a Chinese restaurant named Four Happiness under owner Kim Trieu who bought the liquor license and equipment from Lorne J. Elbert Jr. The cafe had operated about a year and a half prior to closing.
MENTIONED IN THIS ARTICLE
Elyria
Antioch Dr
Lorne J. Elbert ,Jr
Parma
Kim Trieu
The
Four Happiness
Elbert
Also Mentioned on This Page
Fiberglas
Eastman Kodak Company
Kodak
Dick Davis
Knight-Ridder Newspapers
Business News
Pier 1 Inc
PIR
Bob Nurock
Innovators
Newport
R.I
Pier 1
MMS
Addison Report
Quincy
Mass
Tan McAvity
Toronto
Eastman Kodak
Texas Instruments
TXN
Texas
New York Stock Exchange
Michael R. Moore
H.T
National Society OF Hypnothtranists
Via&n.c. Welsoe
Holiday Inn
Amana
Frigidaire
Sanyo Panasonic
Toshiba
Rome
Stewart's
Cleveland St
Brora
Tame
Guy State
Tal
Hare
iSecurities Corp
Lorain
Spitzer Park Plaza
Bidg
Broad
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