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TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALBillions of pounds worth of high-tech dealing equipment installed in readiness for
DOLLAR MOVES HIGHER AGAIN ON THURSDAY'S MOMENTUM
Knight-Ridder Financial |
The U.S. dollar continued to move higher Friday against most major foreign currencies. Analy
EARNINGS
JOC Staff |
Sales Net Income Per Share Company Period Latest Prior Latest Prior Latest
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Friday, October 24, 19 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
'K' LINE OFFICIALS TOUT SERVICE EXPANSION
Chris Dupin |
About 15 years ago Kawasaki Kisen Kaisha Ltd., better known as "K" Line, began expanding its service
Maritime
CULTURAL DIFFERENCES HINDER EDI
Kevin D. Thompson |
U.S.-foreign cultural differences are the reason electronic data interchange has been slow to catch
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSA new study said mini-mills are replacing the larger integrated steel mills. Pag
Maritime
JAMAICA LOOKS FOR PROFITS IN TRIM BANANA INDUSTRY
(Ap) |
The government of Prime Minister Edward Seaga is streamlining Jamaica's banana industry - cutting th
POLITICS' 'BAD BOY' HOLDS NO PUNCHES
Journal of Commerce Staff |
Andrew Nisbet has proved to be an effective commissioner of the port of Port Angeles, but sometimes
Maritime
HONG KONG BOX STATION SHAPING UP PHASE I EXPECTED TO OPEN IN DECEMBER DESPITE SETBACKS
P.T. Bangsberg |
Hundreds of young Chinese, with an agility that would do Spiderman proud, scamper over the latticewo
Maritime
A PORTRAIT OF A LEADER
Gloria Joseph |
The segregated Deep South, steeped in turmoil in the autumn of 1962, was quite unprepared for James
Maritime
MPA CREATES OFFICE FOR STRATEGIC PLANNING
Journal of Commerce Special |
A Department of Strategic Planning has been created by the Maryland Port Administration to help the
Maritime
APL TURNS TO VOICE, ELECTRONIC MAIL SYSTEMS
Journal of Commerce Staff |
American President Lines is reaching out and touching someone differently these days. From s
Maritime
TEXACO CITES MARKET TURMOIL
Journal of Commerce Staff |
Texaco Inc. said consolidated worldwide net income for the third quarter of 1986 was $162 million, o
AFRICAN INSECT PROBLEM UNDER CONTROL, FAO SAYS
(Ap) |
A widespread infestation of grasshoppers and locusts in Africa is largely under control, although so
COMMODITY BRIEFS
From Wire and Staff Reports |
CBT Sets Nov. 17 To Start Wheat FuturesThe Chicago Board of Trade announced that directors s
US FARM EXPERTS HEDGING ON EXPANSION OF EXPORTS
(Ap) |
The Reagan administration still hopes the downward drift in commodity prices will trigger a recovery
CRUDE PRICES DRIFT DOWN IN EUROPE
Bruce Barnard |
The European oil market reacted cooly to the Organization of Petroleum Exporting Countries agreement
FINANCIAL BRIEFS
From Wire and Staff Reports |
Venezuela Decreasing Foreign Debt TotalCARACAS, Venezuela - Venezuela will have paid back $5
MPA TARGETS PORT'S IMAGE NEW BUSINESS TEAM PROPOSED TO IMPROVE LABOR ENVIRONMENT
Journal of Commerce Special |
The Maryland Port Administration has called for "a better labor environment" to improve the port of
Maritime
JAPAN'S ENERGY USE SEEN SOARING
A.E. Cullison |
Japan's annual energy requirements will soar by some 70 percent over the next 44 years, reaching bet
INSURANCE CALENDAR
JOC Staff |
OCTOBER 29 - Reinsurance, Eleventh Annual Research Seminar of Insurance Information Institut
CME PLANS NEW DOLLAR HEDGE
Journal of Commerce Staff |
A new hedging vehicle may be available soon for participants in financial markets who have multiple
OHIO CASUALTY IMPROVES ITS QUARTERLY RESULTS
JOC Staff |
Ohio Casualty Corp. said third quarter operating income rose to $19 millionfrom $11.9 millio
PENNPIC RATE FINDINGS HIT
Journal of Commerce Special |
Increases in the costs of health care and auto parts, large jury awards and insurance fraud are the
INSURANCE BRIEFS
From Wire and Staff Reports |
Injured NY Roofer Awarded $3.5 MillionPOUGHKEEPSIE, N.Y. - A former city roofer who suffered
BUSINESS OWNERS' PROBLEMS STUDIED
(Ap) |
Finding qualified employees and paying skyrocketing insurance premiums are the two of the biggest pr
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Malaysia Tightens 1987 Fiscal BeltAt least one more grim year is in store for commodity-depe
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Alcoa Agrees to Sell Century City HoldingsAluminum Co. of America, first developer of the Ce
Maritime
TODD SHIPYARDS CORP. TURNS QUARTERLY PROFIT
Journal of Commerce Staff |
Todd Shipyards Corp. reported second quarter net income of $173,000, compared with a loss of $4,306,
Maritime
JAPAN TO CLOSE DOWN WHALING OPERATIONS
A.E. Cullison |
Japan's last oceangoing commercial whaling fleet leaves for the antarctic Tuesday to close down the
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Ecuadorian Law Sparks Labeling ChangesCargo in containers or loose packages in transit to Ec
Maritime
REVOLUTIONARY AEROSPACE PLANE PURE HYPE?
Steve Johnson |
Deep in the labyrinth of wind tunnels and computer simulation labs at NASA's Ames Research Center he
Maritime
JAPANESE MANUFACTURERS FEEL EFFECTS OF HIGH YEN
A.E. Cullison |
Japan's economy is sinking deeper into the doldrums as industries battle an export decline stemming
Maritime
PORTLAND MAY SINK BOAT PLAN
Journal of Commerce Special |
The port of Portland's five-year plan to create an 800-passenger harbor tour boat is awash in a sea
Maritime
CF, EASTERN REVIEW PACT AIRLINES REPORTEDLY MAY END 'MOONLIGHT SPECIAL'
Larry Sterne |
Eastern Airlines and CF AirFreight have reportedly discussed the prospect of abandoning their Moonli
CONTINENTAL FILES FOR TOKYO ROUTE
Journal of Commerce Staff |
Continental Airlines filed with the Department of Transportation for authority to serve the Seattle/
AVIATION BRIEFS
From Wire and Staff Reports |
Alaska Air to Buy Stake in San JuanAlaska Air Group Inc. has agreed to purchase a 50 percent
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