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NORFOLK SOUTHERN TO UPGRADE PIER
Journal of Commerce Staff |
Norfolk Southern Corp. plans to spend an estimated $15 million at its Norfolk, Va., coal terminal in
ENERGY BRIEFS
From Wire and Staff Reports |
Westinghouse to Move Two Product LinesBEAVER, Pa. - Westinghouse Electric Corp., citing a se
AIRCO TO START UP GAS LIQUEFACTION UNIT
Journal of Commerce Staff |
A new 1,000-metric-tons-a-day gas liquefaction unit, the largest of its kind ever built in the Unite
DRILLING FIGHT BREWS IN ALASKA
Gloria Joseph |
Alaska's eight-term congressman, still weary from the campaign trail, is aligning his forces in the
AQUASCIENCES ACQUIRES PANZELLA
Journal of Commerce Staff |
AquaSciences International Inc. acquired Panzella Water Conditioning Co. of Marlboro, N.Y., for an u
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS Consumer confidence declined in October to its lowest level in more than three
Maritime
OPEC PRICING MEETING SEEN BECOMING FULL SESSION
Knight-Ridder Financial |
There is concern that the Organization of Petroleum Exporting Countries' pricing committee meeting s
LLOYDS BANK SAYS DOLLAR WILL DECLINE AGAIN IN 1987
Knight-Ridder Financial |
The U.S. dollar will fall to 1.80 deutsche marks and 150 yen, while the pound sterling is expected t
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Monday, Nov. 10, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
BERGEN BANK ISSUE RATED AA1
JOC Staff |
Moody's Investors Service assigned an initial Aa1 rating to a senior long- term Euroyen obligation o
UTILITY DIVERSIFICATION CONCERNS STATE REGULATORS
Andrea Chancellor |
State public utility regulators have basic fears that arise when a utility announces it intends to d
A-P-A TRANSPORT DIGESTING SANBORN'S LTL TRUCKER SEEKING TO BUILD DENSITY ON ITS ESTABLISHED ROUTES
Michael S. Lelyveld |
The people at A-P-A Transport Corp. are acting like the cat that swallowed the canary. Actually, the
AQ AGREES ON BUY-OUT OF ALOHA AIRLINES INC.
Journal of Commerce Staff |
Aloha Inc., the parent company of Aloha Airlines Inc., said AQ Corp. has reached agreement with the
NAVISTAR TAKES SPECIAL CHARGE
Leo Abruzzese |
Navistar International Corp. will take a $66 million charge in its fourth quarter report, based on t
AVIATION BRIEFS
From Wire and Staff Reports |
Unions Act to Block Buy-out of EasternUnions representing Eastern Airlines workers have file
PEOPLE EXPRESS INC. REPORTS NET LOSS
Journal of Commerce Staff |
People Express Inc. reported a net loss in the third quarter of $112.9 million, compared with a net
KLM'S STRATEGY IN PLACE
Richard Malkin |
Jacques Ancher's answers are crisp and prompt, signaling the fact that he has thought through the my
TRAFFIC BRIEFS
From Wire and Staff Reports |
Gelco Turns Down Bid By Unidentified SuitorEDEN PRAIRIE, Minn. - Gelco Corp. said its board
SUPREME COURT TO HEAR TRUCK TAXATION CASE
Helen Ericson |
The Supreme Court agreed to hear arguments in a state truck taxation case involving roughly $400 mil
AIRBUS OPTIMISTIC ON A320 SALES 150-SEAT, SINGLE-AISLE PLANE TO BE INTRODUCED EARLY IN '87
Bill Mongelluzzo |
Airbus Industrie is counting on the introduction of its A320 model early next year to help put it on
ON THE MOVE
Staff Report |
Home Unit Names LaddNew Field VPHome Group Inc. promoted David N. Ladd to executive
WHO RUNS FIRMS? HONG KONG ASKS NATION PROPOSES TIGHTENING OF CONCEALED-OWNERSHIP RULES
P.T. Bangsberg |
New regulations to force disclosure of the true ownership of public companies will be published for
PHILIPPINE AID PROCESS SLOW
P.T. Bangsberg |
The struggling Philippine economy is getting some of the foreign backing it desperately craves, but
FOREIGN STEEL LOSES GRIP IN THE US
Journal of Commerce Staff |
Imported steel's share of the U.S. market is gradually declining, the American Iron and Steel Instit
US AND EC AT ODDS OVER MAIZE
Simon Cameron Moore |
Frans Andriesson, vice president of the European Community Commission, warned that another major row
HOME RESALES UP IN MOST STATES
(Ap) |
Georgia led a parade of 33 states and the District of Columbia in an increase in the sales of existi
AIDE TOUTS US REFORMS IN TAXES
Journal of Commerce Staff |
Japan might do well to follow the U.S. lead in tax reform, a senior Reagan administration official s
JAPANESE HAVE A YEN TO BUY US ASSETS
Gordon Platt |
Sanwa Bank Ltd.'s New York branch just arranged a deal whereby Hitachi Zosen of Japan will acquire C
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS Consumer confidence declined in October to its lowest level in more than three
CONSUMER CONFIDENCE FALLS TO 3-YEAR LOW
Journal of Commerce Staff |
U.S. consumer confidence declined in October to its lowest level in more than three years, the Confe
INSURERS TO TACKLE INFIGHTING
Russ Banham |
Enjoyment of the tropical sun will have a high priority as the National Association of Professional
WEAKNESS FOUND IN AUSTRALIA, UK
Journal of Commerce Staff |
The leading indexes for nine countries project economic weakness in Australia and the United Kingdom
N. ATLANTIC CONTRACTS READY FOR ILA VOTE
Alan F. Schoedel |
Members of the International Longshoremen's Association from Maine to Virginia will vote today on ra
'SEASPEAK' - IT COULD MAKE SEA LANES SAFER
Janet Porter |
When the Soviet cruise ship Admiral Nakhimov collided with the bulk carrier Petr Vasev in the Black
TUNG PACT AWAITS CREDITORS' SIGNATURES
P.T. Bangsberg |
After 14 months of tortuous negotiations, creditors of the Tung shipping empire have begun signing t
FARMERS DOWNPLAY CORN DUTY
Andrea Chancellor |
Midwestern corn producers said the $1.05 a bushel duty imposed by Canada on U.S. corn imports won't
EFFECT OF CHEAPER GRAIN FELT THROUGHOUT WORLD
(Ap) |
The impact of lower U.S. grain prices is being felt throughout the world, and an Agriculture Departm
SKAARUP GROUP RESTRUCTURING BULK SHIPPING FIRM MERGING 2 UNITS, PICKING NEW OFFICERS
Mark Magnier |
Skaarup Shipping Corp., a bulk shipping company with interests in chartering, management, ship owner
Maritime
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