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B.F. GOODRICH IMPROVED ON LOSS IN 1ST QUARTER
(Reuter) |
B.F. Goodrich Co. Wednesday reported a smaller loss in the latest quarter as strong gains in its aer
SPOT COMMODITIES
JOC Staff |
Apr. 14, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
PROPERTY/CASUALTY, LIFE INSURERS SLAM NEW ACCOUNTING STANDARD
Margo D. Beller |
Both life and property/casualty insurers blasted the accounting rule approved by the Financial Accou
MIAMI AGENCY SUES HANSA FOR FUNDS TIED TO STORM
David Satterfield |
In a nasty dispute arising from Hurricane Andrew, a New York reinsurance company owned by Trygg-Hans
IRAQ WANTS OLD OIL QUOTA AFTER EMBARGO IS LIFTED
Mona Megalli |
Iraq's oil minister said Wednesday Baghdad expects to be able to export 2.6 million to 2.7 million b
CLINTON'S FERC CANDIDATES SEEN AS CONSUMER-ORIENTED
David Ivanovich |
President Clinton named a slate of consumer-oriented candidates for seats on the Federal Energy Regu
MARITIME UNIONS TO FILE SUIT TO BLOCK COAST GUARD USER FEE
Journal of Commerce Staff |
Seven maritime unions will file a lawsuit today seeking to block the U.S. Coast Guard from imposing
Maritime
OIL FIRMS CONSIDERING TANKER QUALITY, SHIPBROKER SAYS
Janet Porter |
Oil companies finally are starting to be more selective when chartering tankers, according to a lead
Maritime
DESPITE SLUMP, PORTUGAL'S ECONOMY OUTPACES EC
Kenneth Wolf |
Portugal, the fastest-growing economy in the European Community in the late 1980s, has seen its grow
Maritime
EASING OF CURBS BEARS FRUIT AS FOOD FIRMS RUSH TO INDIA
N. Vasuki Rao |
U.S. companies are seizing on India's liberalized policy to propose projects in food processing, wit
Maritime
IG METALL UNION URGED TO RESUME WAGE TALKS
Knight-Ridder Financial |
In the deadlocked battle between employers and the IG Metall union over wage increases for eastern G
INDUSTRIAL PRODUCTION RISES IN UK
Knight-Ridder Financial |
U.K. seasonally adjusted industrial production rose by a provisional 1.6 percent in February from Ja
ARGENTINA HOPES RAIL LINK WILL AID MINING GROWTH
Richard Kessler |
Proposed rail freight service between Argentina and three neighboring nations will help mining devel
JAPANESE LOOK TO FILL TAIWAN'S PETROCHEMICAL GAP
Lisa Twaronite |
Closure of Taiwan's No. 3 naphtha cracking unit has led at least two plastic companies to increase e
US INDICTS HEAD OF BERMUDA INSURER ON FRAUD CHARGE
Paul Dykewicz |
The head of a Bermuda-registered insurance company was indicted by federal prosecutors after alleged
CARRIERS DROP RATE HIKE ON JAPAN-EUROPE TRADE
Mark Magnier |
In the face of a weak market, carriers are quietly dropping a rate increase of $100 a 20-foot contai
Maritime
AIR CARGO VOLUME ROSE 4.1 PERCENT IN FEBRUARY
Journal of Commerce Staff |
The U.S. scheduled airline industry recorded a 4.1 percent increase in cargo volume in February to 9
TUNNEL A TOUGH OBSTACLE TO VT. DOUBLE-STACKS
Michael S. Lelyveld |
A Massachusetts plan to raise bridge clearances for future double-stack rail service has drawn atten
ILLINOIS CENTRAL EARNINGS ROSE IN FIRST QUARTER
John Boyd |
Illinois Central Corp., parent of Illinois Central Railroad Co., Wednesday reported a 13.7 percent f
TRANSPORT BRIEFS
From Wire and Staff Reports |
BOEING SAID TO PURSUE MCDONNELL'S CUSTOMERSBoeing Co. and International Lease Financ
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
SEA-LAND, CROWLEY REFUSE TO FILE ELECTRONIC TARIFFS
Tim Shorrock |
Two major U.S.-flag shipping lines have refused to file electronic freight rates with the Federal Ma
UK PIPELINE RELEASES SCHEDULE TODAY
Knight-Ridder Financial |
The first lifting schedule made available to equity holders in the U.K. North Sea Forties oil pipeli
MEXICO'S CRUDE OIL EXPORTS ROSE 3 PERCENT IN MARCH, PEMEX SAYS
Knight-Ridder Financial |
Mexico's crude oil exports in March rose 3 percent from February to anaverage 1.345 million
MIYAZAWA URGES PROMOTION OF "SELF-HELP' IN RUSSIA
Hideko Morita |
Japan's Prime Minister Kiichi Miyazawa Wednesday urged Group of Seven members to provide "help for s
Maritime
OFFICIAL CALLS YUCATAN AD A POLITICAL MISTAKE
Craig Dunlap |
The Mexican state of Yucatan bungled badly with an advertisement seeking to entice U.S. manufacturer
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Apr. 14, 1993Bid AskedCopper_
CHINA MAY BOOST SUGAR IMPORTS AS DEMAND SOARS
Knight-Ridder Financial |
Surging domestic demand and slowing production may push China to import raw and white sugar toward t
ROMANIAN CHEMICAL SCANDAL MAY NOT BE GERMANY'S LAST
(Reuter) |
The German government, worried about damage to its image after a Romanian scandal made headlines, is
CALIF. MOVES TO SLASH FEES IN WORKERS COMP SYSTEM
(Reuter) |
California Gov. Pete Wilson signed legislation Tuesday to reduce burgeoning medical and legal fees i
SHIPPERS VOW TO LOBBY ON UNDERCHARGES
Gregory S. Johnson |
Hoping they can prevail by lining up strong congressional support early, members of the National Sma
DOT'S "HAZARDOUS' SALAD OIL PLAN SPARKS PROTEST
Rip Watson |
A Department of Transportation proposal to classify bulk shipments of salad oil as hazardous materia
FREIGHT RATE FUTURES
JOC Staff |
Apr. 14, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
API WEEKLY REPORT SUPPLIES OF CRUDE OIL INCREASE
Journal of Commerce Staff |
Crude oil inventories rose by 12.5 million barrels in the week ended April 9 compared with the previ
LIMITS IMPOSED ON FOREIGN CAPITAL IN RUSSIA BANKS
Knight-Ridder Financial |
The Central Bank of Russia has imposed new regulations limiting the amount of foreign capital in Rus
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
EASTMAN CHEMICAL PHASES OUT KODELKINGSPORT, Tenn. - Eastman Chemical Co. plans to immediatel
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 211.84 up 0.48 which compares w
AILING CENTOCOR ANNOUNCES PLANS TO LAY OFF 300 MORE EMPLOYEES
Marian Uhlman |
Centocor Inc., a financially strapped biotechnology company, will lay off an additional 300 employee
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
INSURANCE EARNINGS MERCANTILE & GENERAL POSTS $66 MILLION LOSS
Special to The Journal of Commerce |
Mercantile & General Group, Britain's biggest reinsurer, announced a 1992 pretax loss of UK45 millio
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