Avnet Seen as Undervalued with Growth in Electronics Markets
Investor note discusses Avnet's rise after acquisitions expanding into electrical and electronic products, replacement parts for TVs and autos, and a growing aftermarket. It cites 9 months ending March 31 sales at 2.6 million, earnings of 78 cents per share, and a quote implying the stock at about 11 times 1972 estimates.
MENTIONED IN THIS ARTICLE
Avnet
B.S. A
Nyse
Roger Spear
Roger E. Spear
Montana Standard
Grand Central Station
New York
N.Y
Prices Drift Higher on Wall Street as Unemployment Steady
In a day of fluctuating trading the Dow rose 0.67 to 961.39 while the NYSE index edged up to 60.95. The market saw 59 new yearly highs and 52 new lows amid volume of 15.41 million on the Big Board and mixed gains across major indicators as analysts cited profit taking and macro data. The NASDAQ rose to 133.52 with Time leading big blocks and Curtiss-Wright volume leader on the NYSE.
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New York
New York Stock Exchange
Associated Press
Curtiss-Wright
Otis
Owen
Prey
Beosates
Pac T
Penn Cent
Penney
PaPwtt
Pennzoil
Izer
Phelps
Phil Morr
NEW York (Ap
Polaroid
Airco
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AlcanAlu
Ve Ranco Inc
Alleg Co
Raytheon
Alleg Ludimi
RCA
Allied
Reich
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Revion
AMBAC
Reyn
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Am Airlin
RoanSel
Va Rohr Ind
AmBdestl
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SanFeint
Ma At&t
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Ampex Corp
Sears
ShellTr
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Ae South Col
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Avco Corp
GAF Corp
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Oneill
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Foreign Exchange New York
Foreign Exchange
What they did New York AP
Accessible OCR fragment shows fragmented numeric data and symbols with no clear events or names. No coherent action or outcome can be derived from the readable text.
MENTIONED IN THIS ARTICLE
New York
Market snapshot and futures for livestock and stocks
Sioux City notes hogs up 25.75 with hogs and cattle prices summarized. Chicago Mercantile futures show live cattle and feeder cattle moves with detailed bid, high, low and close. bond and mutual fund data accompany theUS markets section.
MENTIONED IN THIS ARTICLE
Beef Futures Chicago
Chicago Mercantile Exchange
New York
Livestock Quotations from Omaha Market Friday
Omaha livestock quotations list hogs cattle and sheep prices by weight class with movements from 25 to 75 cents higher for hogs, steady to higher for heavier weights, and steady to higher for sows. Cattle and calves prices shown by class with estimates for next week and regional commodity values included.
MENTIONED IN THIS ARTICLE
Sioux City, Iowa
USDA
U. S
Omaha
Neb
Mutual funds show varied performance across periods
Investment data lists fund values or yields with figures 0.58 15.25 10.89 17.88 14.87 9.53 1.78, indicating diverse returns. No context on fund names or dates is provided.
Portland Grain Exchange notices steady bid prices
The Portland Grain Exchange reports Friday bids for No. 1 bulk Wheat 1.76 delivered coast Soft White. Hard Red Winter 1.66 to 1.68. Dark Northern Spring export 1.92. No. 2 Barley 48.50. Corn No. 2 yellow eastern 59.00. Oats No. 2 western 55.50-56.00. Barley No. 2 western 49-50. Grain sorghum 56.00-56.50. Car receipts listed Wheat 46 Flour 7 Corn 2 Feed 2.
MENTIONED IN THIS ARTICLE
Portland, Ore
Portland Grain Exchange
Coast
Portland
Ibs Western
Ib Western
Seattle Grain Prices and Puget Sound Car Receipts
Cash Wheat prices listed for Soft White White Club and Hard Winter. Yellow Corn bulk No 2 bid and asked 58.00. Barley bulk No 2 bid 49.00 and asked 50.00. Puget Sound car receipts note Wheat and Oats totals.
MENTIONED IN THIS ARTICLE
Seattle
Puget Sound
Governor sees no need to raise income taxes in Montana bid
Gov. Forrest H. Anderson says no increase in personal income taxes is needed to fund the 1973-75 state budget. He directs agency heads to base requests on department needs, not desires, and hints there may be no two-mill statewide property tax for general government this year. The two-year general fund revenue is projected at $191.4 million with income taxes providing about half.
MENTIONED IN THIS ARTICLE
Anderson
J. D. Holmes
Capitol
Helena
Forrest H. Anderson
Montana
EPA Allows Ford Cars Conditional Certification Amid Testing Controversy
EPA chief William Ruckelshaus released a plan to let Ford distribute 1973 cars without sale if they pass a 4,000 mile interim test intended to predict success on the standard 50,000 mile certification. Ford reported earlier testing was improperly conducted, risking production shutdown and job losses. An EPA aide noted possible criminal probe over the faulty test procedures.
MENTIONED IN THIS ARTICLE
Washington
Environmental Protection Agency
Ford Motor Co
Ford
EPA
William D. Ruckelshaus
Ruckelshaus
Helena deputy chosen for Montana DNR Deputy director
Ted Doney of Helena was named deputy director of Montana's Department of Natural Resources and Conservation. He previously served two years as senior legal analyst for the State Executive Reorganization Office.
MENTIONED IN THIS ARTICLE
Helena
Ted Doney
Montana
Department of Natural Resources and Conservation
Gary Wicks
Doney
State Executive Reorganization Office
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