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VA. SHIPYARD'S BOTTOM LINE SINKS AS WORKLOAD CONTINUES TO ERODE
Barry Flynn |
Newport News Shipbuilding's profit and revenue plunged in the second quarter as its work backlog con
Maritime
CORPUS CHRISTI EXPECTS BANNER YEAR
Journal of Commerce Staff |
Cargo moving through the Port of Corpus Christi, Texas, this year could surpass the record of 72.5 m
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
TRADE BRIEFS
From Wire and Staff Reports |
NAFTA TALKS EXPECTED TO GO INTO NEXT WEEKWASHINGTON - Top U.S., Canadian and Mexican
Maritime
COSTA RICA TO ALLOW PRIVATE INVESTMENT IN PUBLIC PROJECTS
Charles W. Thurston |
Costa Rica is preparing a privatization program that will include concessions for private investors,
Maritime
BULGARIAN WINES HAVE YET TO WHET AMERICANS' APPETITE
Victoria Ostrovsky |
Eastern Europe has the potential to re-emerge as a leading wine exporter. Bulgarian and Hungarian wi
BOX CARRIERS MEET IN TOKYO TO DISCUSS KEY WESTBOUND RATES
Mark Magnier |
Major container carriers meeting this week in Tokyo are trying to resolve a deep rift between confer
Maritime
AETNA SURPRISES INDUSTRY, BACKS ANTI-REDLINING BILL
Paul Dykewicz |
Aetna Life & Casualty Co. broke insurance industry ranks and became the first major insurer to endor
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 28, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
DELAY SOUGHT IN RIVER MANAGEMENT SESSION
Tim Sansbury |
In a touch of irony, the Great Flood of 1993 may force the U.S. Army Corps of Engineers to issue a r
MARITIME BRIEFS
Wire and Staff Reports |
ARK. COMPANY GETS TEXAS DREDGE CONTRACTGALVESTON, Texas - A contract was awarded for
Maritime
HARRINGTON SHIP AGENCIES TO TAKE PARENT'S NAME
JOC Staff |
Harrington Ship Agencies, with offices in Wilmington, Del.; Charleston, S.C.; Savannah, Ga.; Jackson
Maritime
KANSAS CITY SOUTHERN POSTS 36 PERCENT RISE IN PROFIT
Lawrence H Kaufman |
Kansas City Southern Industries Inc., which owns Kansas City Southern Railway, Mid-South Corp. and a
JAMAICA'S APPAREL EXPORTS TO US SEE 28 PERCENT INCREASE OVER 1992 LEVEL
Canute James |
Taking advantage of bilateral agreements with the United States, Jamaica has significantly increased
Maritime
EC COMMISSION DROPS PLAN TO BOOST MERGER POWERS
Bruce Barnard |
The European Community Commission, bowing to opposition from Britain, France and Germany, Wednesday
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
WARNER-LAMBERT LINKS WITH WELLCOME, GLAXO
Reuters |
Warner-Lambert Co. announced two separate but closely related global partnerships Wednesday, linking
COASTAL'S NET EARNINGS ROSE SHARPLY IN QUARTER
Knight-Ridder Financial |
Coastal Corp. said net earnings in the second quarter of 1993 rose to $26.3 million, or 23 cents a s
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 218.76 up 0.26 which compares w
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 28, 1993Brent Crude Oil - (Dollars Per Barrel)
O'LEARY TOUTS CALIF. PROGRAM TO BOOST TECHNOLOGY EXPORTS
Brian Johns |
The U.S. government may use a watered-down version of a California program to increase exports of U.
SOUTH PACIFIC CARRIERS VIE FOR AUSTRALIAN WINE TRAFFIC
Kevin G. Hall |
Trying to earn profit on the world's longest trade lane can drive one to drink, but carriers plying
API WEEKLY REPORT US CRUDE OIL STOCKS DECLINE
Journal of Commerce Staff |
Crude oil inventories fell 6.3 million barrels in the week ended July 23 compared with the previous
COST OF CREDIT
JOC Staff |
Wednesday, July 28, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MOBIL EXPANDS OUTPUT OF PLASTIC-WOOD COMPOSITE
Ira Breskin |
Mobil Chemical Co. begins this week to produce Timbrex composite lumber at a second company plant, e
14 FORMER OFFICIALS OF MEBA PLEAD NOT GUILTY IN MERGER CASE
Tim Shorrock |
Fourteen former officials of one of the country's largest maritime unions Wednesday pleaded not guil
Maritime
PITTSTON SHAREHOLDERS APPROVE STOCK SPLIT
Journal of Commerce Staff |
Shareholders in the parent of Burlington Air Express Monday approved a plan creating two separate cl
BROKERS' HOPES FOR JAPAN RAIL OVERBLOWN, ANALYSTS SAY
Reuters |
Japanese brokers are scurrying to attract investors to shares of East Japan Railway Co. in the hope
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange July 29, 1993Prev. Life of Contr. OpenOpen Hi
CONSTRUCTION ACCIDENT CUTS POWER IN CONN. CITY
Reuters |
A construction accident touched off an underground explosion Tuesday and left the downtown district
AMOCO GAS CURBS SERVICE AFTER TEXAS BLAST, FIRE
Knight-Ridder Financial |
Amoco Gas Co. has curtailed about 50 million cubic feet a day of natural gas service to three custom
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
STANDARD & POOR'S REPORT QUESTIONS LLOYD'S CLAIMS-PAYING ABILITIES
William Pitt |
Standard & Poor's Corp., the credit-rating agency, dealt a new blow to the beleaguered Lloyd's of Lo
DOLLAR IS STEADY AHEAD OF GERMAN RATE DECISION
Alan Zimmerman |
The U.S. dollar held steady Tuesday in a slow market, as traders and investors awaited the Bundesban
FEISTY JAPANESE DISCOUNTER BATTLES NATION'S COMPLICATED RETAIL SYSTEM
Diane Lin |
Kawachiya, a Japanese discount company, said it will file a complaint against Kanebo Ltd., the leadi
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
The giant E.I. du Pont de Nemours & Co. has long had the reputation of being just about the shrewdes
Maritime
MARINE CARGO SURVEYOR JOINS WITH RUSSIAN FIRM
Margo D. Beller |
One of the largest independent marine cargo survey firms in the United States has forged a partnersh
FLOOD HOLDS KANSAS CITY RAIL LINES HOSTAGE WEATHER PROSPECTS BRIGHTEN ELSEWHERE
Ira Rosenfeld |
Floods that have cut a destructive swath through the nation's midsection seized the railroad industr
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
AIR FRANCE NEEDS MORE AID, OFFICIAL SAYS
Special to The Journal of Commerce |
New measures will have to be taken to help Air France get back into the blackbecause previou
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