IBM case delayed by juror illness in Rhode Island
Deliberations in a 26 million federal suit against IBM were paused after a juror fell ill during the 57 day trial. Judge Pettine recessed the panel until Monday to avoid a mistrial while IBM faced Catamore Enterprises over unpaid bills and a countersuit alleging aggressive selling practices.
MENTIONED IN THIS ARTICLE
Providence
R.I
UPI
IBM
U.S. District Court
Raymond J. Pettine
Fishkill
Poughkeepsie
Kingston
Catamore Enterprises, Inc
East Providence
Catamore
Galbraith to retire drawing note on Harvard world impact
The column discusses Dr. Galbraith’s campus retirement and Harvard’s gain versus the world’s loss. It critiques frequent federal actions against businesses and agencies weighing on investment sentiment amid a surge of charges from grave to frivolous.
Stocks climb as Dow gains 17 amid mixed trading
New York stocks rose Thursday with the Dow Jones Industrial Average up 17.52 points to 845.39. About 1,110 issues advanced and 350 declined as volume reached 21.45 million shares. Analysts noted gains followed stronger personal income and housing starts data, with oil price expectations dampened by OPEC signals.
MENTIONED IN THIS ARTICLE
Dow Jones-Ottaway
New York
General Instrument Corp
Omega
Grand Union
Saddle Brook
N.J
Grand Union Co
James Wood
Wood
Dow Jones-Ottaway News Service
Dow Jones
Oppenheimer & Co. Institutional Trading Dept
Michael Metz
Organization of Petroleum Exporting Countries
OPEC
Stocks rally as techs push market higher
Elgin National rises 1 percent to 17 percent as investors weigh merger postponement with Utilities & Industries Corp. IBM gains 4 percent to 208. Polaroid +1 percent, Kodak up 34 percent, Staley drops 700,000 share offer. NYSE short interest falls to 26,062,869. AMEX index climbs to 90.63.
MENTIONED IN THIS ARTICLE
Moore McCormack
Elgin National
Utilities & Industries Corp
Utilities & Industries
A.E. Staley Mfg
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Philadelphia
Union Carbide Corp
Centria
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Union Carbide
Sterling Forest
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Indus
Trans
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Big Ry
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Steele Empire National Bank Highland
Johnson Services Y
Nyse &G Bi Pane Riss Industries
Evans & Co
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Rosepoint Cellulayer
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