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EARNINGS
From Wire and Staff Reports |
JOHN ALDEN REPORTSDROP IN OPERATING INCOMEMIAMI - John Alden Financial Corp. reported operat
PEOPLE ON THE MOVE
From Wire and Staff Reports |
JOHNSON & HIGGINSNorman Barham, who had been the brokerage firm's executive vice president s
FEDNAV LINER SERVICE TO MOVE TO INDIANA PORT
Journal Of Commerce Staff |
Canadian maritime giant Fednav Ltd. will switch its Great Lakes-to-Europe liner service from Chicago
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNov. 18, 1996 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire and Staff Reports |
SHIPSMOBILE CARGO VOLUMESUSTAINS RECORD '95 LEVELMOBILE, Ala. - The Port of Mobile h
FEFC CARRIERS FREEZE RATES TO STEM LOSSES
Janet Porter |
Massive collective financial losses this year finally forced ocean carriers operating in the Europe-
SUMMIT SEEKS TO PROVE APEC IS MORE THAN JUST AN ACRONYM \ ASIANS LIKE CONSENSUS, MUCH TO US' CHAGRIN
P.T. Bangsberg |
As officials begin arriving today for the fourth summit of the Asia-Pacific Economic Cooperation gro
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Nov. 20, '95 - Nov. 18, '96 (a graph)* A
NS: CONRAIL-CSX DEAL STRUCTURED TO LIMIT BIDS
Rip Watson |
Norfolk Southern Corp. launched its legal offensive Monday to block the proposed merger of CSX Corp.
US DOLLAR WEAKENS AGAINST THE MARK
Bridge News |
The U.S. dollar Monday gave back some of its gains against the German Deutsche mark following a rise
FREIGHT RATE FUTURES
JOC Staff |
Nov. 18, 1996Baltic International Freight Futures Market Prev.Close High Low
INDIA OPENS DOOR TO 4 FOREIGN INSURERS
N. Vasuki Rao |
A decision by the Reserve Bank, India's central bank, late last week to allow four foreign insurance
US INSURERS FIND THEY MUST GO GLOBAL TO SERVE CLIENTS \ CUSTOMER COMPANIES EXPAND EXPATRIATE LABOR
Margo D. Beller |
Global expansion is no longer a long-term plan but a short-term necessity for U.S. insurers, accordi
NEW THAI GOVERNMENT GENERATES INVESTOR QUALMS
Ron Corben |
Thailand's financial markets fell 6 percent Monday after weekend elections gave the largest number o
Maritime
TAIWAN SEEKS TO SCALE BACK FARM SUBSIDIES
Reuters |
Taiwan plans to streamline its agricultural subsidy system to improve its chances of gaining entry t
Maritime
BRIEFS
From Wire and Staff Reports |
TRAFFIC VOLUME DOWNON GERMAN WATERWAYSHAMBURG - The volume of goods moved on German inland w
SHAREHOLDER PLANS TO SUE SUMITOMO
Reuters |
A Sumitomo Corp. shareholder notified the company Monday that he will sue its directors for compensa
BRIEFS
From Wire and Staff Reports |
TEXAS SUES TO BLOCKBLUE CROSS MERGERAUSTIN, Texas - Texas Attorney General Dan Morales says
ISRAEL PROBES ALLEGATIONS OF INDIRECT TRADE WITH IRAN
Journal Of Commerce Staff |
The Israeli government is still investigating charges that it is indirectly trading with its enemy,
Maritime
BRIEFS
From Wire Reports |
FRANCE-JAPAN ACCORD SETSSIGHTS ON SPACE RESEARCHTOKYO - French President Jacques Chirac and
Maritime
SHUSTER HAS KEEN INTEREST IN MERGER \ CONRAIL JOBS IN DISTRICT HANG IN THE BALANCE
William Roberts |
As the bidding war for Conrail plays out in federal court this week, the folks in central Pennsylvan
TECH TALK - ALAN ABRAMS \ PUTTING A LITTLE MORE PUSH IN YOUR MARKETING ON THE INTERNET
Alan Abrams |
One of the things that bugs people most about the Internet is the inability to control what your cus
BRIEFS
From Wire Reports |
INVESTOR INTEREST KEENFOR DEUTSCHE TELEKOMFRANKFURT - Deutsche Telekom AG stock took off in
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 244.70 up 1.29 whi
ANALYSTS CALL PUSH TO EXPAND NATO BIGGEST POST-COLD WAR BLUNDER
Michael S. Lelyveld |
While President Clinton is vowing to press ahead with NATO expansion, Russia experts are blasting th
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Nov. 18, 1996Prev. Life of Contr. Open Open High Low
SURVEY: EXPATS WILD CARD IN CORPORATE EQUATION
Howard Simon |
Many U.S. corporations are sending employees to work overseas without the foggiest idea of what it i
Maritime
IRAQ, TURKEY REOPEN BRIDGE
Bridge News |
Iraq and Turkey have reopened a bridge on the border that had been closed since the 1991 Persian Gul
Maritime
DOT FINES CHILEAN AIRLINE
Michele Kayal |
The Department of Transportation has fined a Chilean cargo airline $200,000 and threatened to ban it
BRIEFS
From Wire and Staff Reports |
FAA ASKED TO AMENDAIRPLANE REPAIR MANUALSWASHINGTON - The National Transportation Safety Boa
BALTIC FREIGHT INDEX
JOC Staff |
1504 (Nov. 18, 1996) Previous day - 1515The Baltic International Freight Futures Market in L
JAPAN TRADE SURPLUS DECLINES FOR 23RD CONSECUTIVE MONTH
Reuters |
Japan's politically sensitive trade surplus with the United States surged in October, the first such
Maritime
KENTUCKY LIABILITY LAWS EXEMPT STATE VEHICLES
Associated Press |
In the five months since her husband was killed in a highway crash, Geraldine Oliver has learned a l
ISRAELI OIL COMPANY MAY BECOME 2 FIRMS
Bridge News |
The government-controlled Israel Oil Refineries ought to be split into two separate companies, accor
BRIEFS
From Wire and Staff Reports |
UNIONS ASKED TO PROTESTCOMPLAINT ON JAPAN PORTSLONDON - Port workers and maritime unions are
PORT PANS PILOTAGE PROPOSAL \ PLAN ALLOWS OTHER CALIFORNIA PORTS TO RETAIN CONTROL
Peter Tirschwell |
A proposed state marine pilotage policy would maintain current pilot systems at ports throughout Sou
QUOTA WATCH
International Development Systems Inc., Washington |
Current Textile Quotas:Where the average recent utilization rate indicates full quota utiliz
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 18, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 32
TRAINING CALLED INADEQUATE \ COMPANY HEAD ADMITS PROBLEM, SEEKS HIGHER STANDARDS FOR INDUSTRY
Michele Kayal |
The president of the company that prepared the oxygen generators blamed for ValuJet Flight 592's fat
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
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