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UNICORP BUYS STAKE IN PUROLATOR TORONTO-BASED FIRM SEEKS US PERMISSION TO BOOST HOLDINGS
Larry Sterne |
Unicorp Canada, a Toronto-based investment firm with about $2.3 billion of assets, has purchased an
AUSTRALIA: TRADE AND INVESTMENT SURVEY
JOC Staff |
Top Stories Australia wants its businesses to begin to "think exports" as it strives to expa
DISCOUNT RATE CUT IS EXPECTED BUT 'DON'T HOLD YOUR BREATH'
RIPLEY WATSON Jr. |
The Federal Reserve Board will cut the discount rate again in the wake of Japan's reduction late las
US AND JAPAN TO COOPERATE ON CURRENCY
A.E. Cullison |
The United States and Japan agreed to cooperate to maintain the present yen-dollar exchange
PRICES RISE ON NEW YORK EXCHANGE
Knight-Ridder Financial |
Oil prices on the New York Mercantile Exchange continued to rise Friday, traders said. Tradi
LOCKHEED, NORTHROP TO GO HEAD TO HEAD
(Ap) |
Two California companies - Lockheed and Northrop - were chosen to design and build prototypes of a h
Maritime
KUWAIT STUDIES CONSTRUCTION OF OIL PIPELINE TO RED SEA
(Ap) |
Kuwait may build a pipeline through Saudi Arabia to the Red Sea as an alternative to shipping all it
JAPAN'S CENTRAL BANK CUTS DISCOUNT RATE 0.5 PERCENT
A.E. Cullison |
Japan's official discount rate reached a postwar record low following a 0.5 percent reduction by the
Maritime
UK TO NET $8 BILLION IN SALE OF BRITISH GAS
Bruce Barnard |
The British government is likely to net around 6 billion ($8.47 billion)from the sale of s
OIL PRICES RISE ON SAUDI OUSTER SHEIKH YAMANI'S SUCCESSOR CALLS MEETING OF OPEC PANEL
Bruce Barnard |
Oil prices rallied strongly late last week, with traders speculating that the ousting of Sheikh Ahme
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Daewoo Unit Ships Locomotives to GhanaSEOUL, South Korea - Daewoo Heavy Industries Ltd., a u
Maritime
JAPAN REGISTERS BOP RECORD SEPTEMBER TRADE SURPLUS ALSO REACHES NEW HIGH
A.E. Cullison |
Japan registered a record monthly current account surplus of $9.1 billion in September, according to
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Crown Central Posts Decline in Net IncomeCrown Central Petroleum Corp. announced net income
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSCalifornia must apply its research knowledge to manufacturing if its economy is
Maritime
MARKETERS FACE FIGHT ON EXCISE TAX PROCEDURES
Kirby V. Freeman |
Revisions in gasoline dealers' excise tax collection procedures will be the biggest problem oil mark
SLOW QUARTER BRAKED PRESTON BUT LTL TRUCKER STILL EXPECTS TO DOUBLE 1985 EARNING PERFORMANCE
Leo Abruzzese |
Preston Corp. should double its 1985 earnings this year despite a lackluster third quarter that slow
COST OF CREDIT
JOC Staff |
Friday, October 31, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Prio
STOCKS MAY EXTEND GAINS BRIEFLY
Gordon Platt |
The stock market could extend its October gains over the next week or two before a new downtrend set
FINANCIAL BRIEFS
From Wire and Staff Reports |
Texas Air Corp. Offers 5 Million Shares at $38Texas Air Corp. began a public offering of 5 m
MARLAGO CASE RAISES PORT EYEBROWS
Craig Dunlap |
The Drug Enforcement Administration doesn't think Linea Marlago knew that 4,620 pounds of cocaine w
Maritime
LOCKOUT MAY HIT QUEBEC HARD
Journal of Commerce Staff |
A prolonged labor-employer conflict risks paralyzing the port of Quebec for the whole winter, said t
Maritime
SMITH SETS SALE OF ILL. FACILITY
Journal of Commerce Staff |
Smith Laboratories Inc. completed negotiations to sell its Rosemont, Ill., pharmaceutical manufactur
DAIRY FARMERS BEWARE! HERE COMES SUNFLOWER MILK
Journal of Commerce Staff |
Supermarkets soon may be selling milk made from a natural resource slightly smaller than a cow. The
CANADIANS DENY US INFLUENCE QUEBEC LONGSHOREMEN DISPUTE INFERENCES BY EMPLOYERS GROUP
Leo Ryan |
Longshore union officials in Quebec dismissed as "pure fantasy" allegations of interference by U.S.
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
Hercules Film GroupRestructuresA major restructuring of the polypropylene film busin
ENERGY BRIEFS
From Wire and Staff Reports |
El Paso Electric Posts Drop in Net IncomeEL PASO, Texas - El Paso Electric Co. said third-qu
CHEMICAL MARKETS
JOC Staff |
Pennwalt Hikes Bulk Chlorine Price Pennwalt is increasing the price of bulk chlorine by $20
ITALIAN BIOMEDICAL FIRM ENTERING US MARKET
Journal of Commerce Staff |
Bioengineering International BV, an affiliate of the worldwide FIAT Group of Companies, and Clinical
COAL MARKETS EUROPE IN NO HURRY TO CONCLUDE DEALS
Journal of Commerce Staff |
Coal buyers in Europe have been in no rush to conclude any purchases lately, believing that with the
COGENTRIX TO BARGE COAL TO PLANT
Carl Cahill |
Cogentrix, Inc., Charlotte, N.C., said it will barge coal to a proposed $80 million cogeneration pla
AVERY ACQUIRES UNIROYAL CHEMICAL
Journal of Commerce Staff |
Avery Inc. announced that a subsidiary completed the previously announced acquisition of Uniroyal In
CONGRESS LIFTS CONVERSION BAN US BASES IN WEST GERMANY CAN SWITCH FROM ANTHRACITE
JOC Staff |
The Defense Department is free to stop costly shipments of U.S. coal to West Germany to heat U.S. mi
WEST COAST BRIEFS
From Wire and Staff Reports |
Painters Electrocuted At Submarine BaseFour painters were electrocuted and one was criticall
Maritime
TUNA PACT SIGNING EXPECTED IN '87
(Ap) |
A five-year agreement between the United States and 16 island countries providing for U.S. tuna fish
Maritime
WASTE HOT ISSUE ON BALLOT
(Ap) |
Washington's governor and legislature are asking voters in a referendum this week to blast the Reaga
INSIDE TALK FROM JAPAN
William Armbruster |
THE SNOW IS SPECIAL IN JAPAN: That's one of the reasons allegedly being offered by the quasi-governm
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Western-Style Bank To Reopen in ShanghaiThe Bank of Communications, one of China's leading b
ILA HOPES TO RESOLVE NY ISSUES TODAY
Journal of Commerce Staff |
New York Shipping Association and International Longshoremen's Association delegates for the bi-stat
Maritime
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