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HIGHER OIL PRICES HURT DOW EARNINGS IN 4TH QUARTER, '90
Journal of Commerce Staff |
Dow Chemical Co. Thursday reported higher sales but lower earnings for both the fourth quarter and
DU PONT DIVISION SELLS DIAGNOSTIC BUSINESSES
Journal of Commerce Staff |
Du Pont Co.'s Medical Products division sold three diagnostic businesses to focus resources on its c
BANK SECRECY A THORN IN US-PANAMA RELATIONS
From Wire Reports |
U.S. pressure on Panama to cooperate on investigations into money laundering and tax evasion is thre
AVIATION BRIEFS
Wire and Staff Reports |
UAL CORP. POSTS LOSS OF $123.5 MILLIONCHICAGO - UAL Corp., the holding company whose primary
AIRPORT GUARDS SEIZE, DESTROY UNATTENDED LUGGAGE
Knight-Ridder Newspapers |
Wartime warnings about leaving luggage unattended have become routine at the nation's airports, but
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 31, 1991Bid AskedCopper-
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 31, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 32.9
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Jan. 31, 1991 Prevailing sellers' posted prices at the close of business, represent
JAPAN MAY OFFER TO RELAX ITS BAN ON RICE IMPORTS
John Zarocostas |
Japan will offer a plan to partially lift its ban on rice imports and allow up to 5 percent of its d
THE ECONOMY
Wire and Staff Reports |
US FIRMS CONSERVATIVE ON SPENDING IN 1991Fewer U.S. businesses are planning to boost capital
CHAMBER BEARISH ON EXPORT OUTLOOK, SEES LONGER SLUMP
Richard Lawrence |
The U.S. economic recession may continue through late this year or longer, Richard Lesher, president
NEWS SUMMARY
JOC Staff |
* Customs Update 5A * Sciences Academy Offers High-Tech Export Guidelines 5A* Howard Simon -
EGYPT FACES BIGGEST BATTLE - ECONOMIC REFORM ON HOME FRONT
From Wire Reports |
Egypt, under the stress of the Persian Gulf war, has boldly pledged to bite the bullet of economic r
US DOLLAR TURNS MOSTLY LOWER ON FED'S PESSIMISTIC OUTLOOK
Knight-Ridder Financial |
The U.S. dollar turned from mixed to mostly lower Thursday afternoon largely on the pessimistic econ
TRADE BRIEFS
Wire and Staff Reports |
WASTE MANAGEMENT PLANS UK VENTUREOAK BROOK, Ill. - Waste Management Inc. announced it plans
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
AETNA LIFE & CASUALTY CO. (Hartford, Conn.) - James W. McLane will become chief executive officer of
INSURANCE BRIEFS
Wire and Staff Reports |
SURVEY FINDS IMPROVED ACCESS TO SURETY COVERThe last two years have seen a big increase in t
GLORIA VOGEL INSURANCE ANALYST BEAR STEARNS & CO. TOPIC: INSURANCE COMPANY STOCKS
Today's interview was conducted by insurance reporter Lorraine |
Q: Insurance companies' earnings suffered in 1989 and early 1990 because of storms and other catastr
TRAFFIC BRIEFS
Wire and Staff Reports |
BURLINGTON NORTHERN OPENS INTERMODAL HUBFORT WORTH - Burlington Northern Railroad said its 2
COMMERCIAL DISPUTE TIES UP MILITARY CARGO BOUND FOR AZORES BOXES DETAINED IN PORT OF CADIZ
Bruce Vail |
Military cargo destined for an Air Force base in the Azores is under judicial detention in the Spani
Maritime
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
HOWARD SIMON'S SIMON SAYS
Howard Simon |
THE CHILLING DECLINES in platinum prices this week may turn out to be bullish for the metal in the l
JOHNSON & JOHNSON REPORTS HIGHER NET
Knight-Ridder Financial |
Johnson & Johnson reported fourth-quarter net rose 14.3 percent, driven by sales growth. Fo
USSR REVEALS REFINERY DATA
Knight-Ridder Financial |
The Soviet Union's recently opened oil refinery in Chardzhou, Turkmen Republic, will process crude a
P&O CHAIRMAN STRESSES IMPORTANCE OF GATT TALKS
Janet Porter |
Failure of the world trade talks will be far more damaging for international shipping than the war i
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Jan. 26, total piggyback freight hauled on the nation's majorrailroads equaled 11
BALTIC FREIGHT INDEX
JOC Staff |
1473 (Jan. 31, 1991) Previous day - 1466 The Baltic International Freight Futures Market in
Maritime
TRADE BRIEFS
Wire and Staff Reports |
JAPAN BANS EXPORTS OF GAS MASKS TO GULFThe Japanese government has forbidden any supply of g
Maritime
SPOT COMMODITIES
JOC Staff |
Jan. 31, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
WORLD BANK REPORTS RISE IN NET INCOME FOR SIX MONTHS
Knight-Ridder Financial |
The World Bank this week reported net income of $797 million for the six months ending Dec. 31, up f
ISRAEL, ITS ENGINEERS LURE HIGH-TECH FIRMS
Alex Barnum |
When National Semiconductor Corp. began planning a new generation of microprocessors in the 1970s, P
Maritime
CUSTOMS IMPLEMENTS SECURITY MEASURES
Paula L. Green |
The U.S. Customs Service has tightened security measures at its airports, seaports and border cross
Maritime
PREMIUM TAX HIKE ORDERED IN CALIF.
Jerry Goldberg |
The California Board of Equalization ordered a 2.48 percent property and casualty premium tax Wednes
IWC LOWERS SOVIET GRAIN IMPORT ESTIMATE
Knight-Ridder Financial |
The International Wheat Council Thursday lowered its forecast of total 1990-91 (July-June) Soviet gr
PEOPLE - TRANSPORT
Wire and Staff Reports |
CATOOSA FERTILIZER TERMINAL (Catoosa, Okla.) - Jerry Sullivan was named operations coordinator.<
PEOPLE - CHEMICALS
From Wire and Staff Reports |
FERRO CORP. (Cleveland) - Albert C. Bersticker, president and chief operating officer, will be elect
HALIFAX AGAIN SETS RECORD IN BOX CARGO
Leo Ryan |
The Port of Halifax, Nova Scotia, set another record in containerized cargo in 1990 despite a sharp
Maritime
EXPORTS COULD PROP UP PRICE OF HEATING OIL, ANALYSTS SAY
David Bird |
Despite forecasts calling for normal or above-normal temperatures in the Northeast and Midwest throu
MARITIME BRIEFS
From Wire and Staff Reoprts |
ILA OFFERS DOCKERS FOR WORK IN WAR ZONENEW YORK - The International Longshoremen's Associati
Maritime
COST OF CREDIT
JOC Staff |
Thu., Jan. 31, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
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