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NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> Net merger and acquisition activity in 1986 reached a 13-year high. Page 3AMuc
URUGUAY ROUND BEGINS SESSION
(AP) |
The Uruguay Round of international trade liberalization talks entered a new phase Tuesday with the f
COMMERCE WILL DELAY TRADE DATA
Journal of Commerce Staff |
The Commerce Department will report monthly foreign trade data about two weeks later than it has don
TRANSAX/RATES OFFERING SEMINARS
Journal of Commerce Staff |
Transax/RATES, a maritime information company, said it will hold training seminars in several U.S. c
STEEL PRODUCTION SLIPS 1 PERCENT IN WEEK
(AP) |
Steel production fell to 1.323 million tons in the week ended Feb. 7, a decrease of 1 percent from t
BAKER, YEUTTER WARN CONGRESS ON TRADE BILL
HELEN ERICSON |
Treasury Secretary James A. Baker and U.S. Trade Representative Clayton Yeutter told Congress protec
EUROPE MAY FEEL PINCH FROM LDC LEATHERS
JAMES BRUCE |
Leather finishing industries in the lesser developed countries may smother their Western European co
COALS TO NEWCASTLE ALMOST THE CASE HERE
TIM SANSBURY |
Intense competition in the international coal market has reached a point where deals unheard of a fe
VOTE EXPECTED ON SEA-LAND, CSX MERGER
LEO ABRUZZESE |
CSX Corp.'s bid to buy Sea-Land Corp. should be decided by the Interstate Commerce Commission today
DISGRUNTLED SEAMEN SEE IRONY IN RECOVERY OF AMERICA'S CUP
JAMES NOLAN |
All hail Dennis Conner and his 12-meter sailing yacht, Stars & Stripes! Such an expression of a mari
WORLD TODAY
From Wire and Staff Reports |
Hostage Negotiations<br><br> BEIRUT, Lebanon - The kidnappers of three Americans and an Indian are i
RIG COUNT DECLINES BY 24
(AP) |
The number of working oil and gas rigs in the United States dropped this week to 802, down 24 from a
USSR ENCOURAGES VENTURES WITH WEST
FELIX DEARDEN |
The Soviet Union is encouraging joint ventures with Western companies, U.S. companies included, to d
ENERGY BRIEFS
From Wire and Staff Reports |
Further OPEC Cuts<br><br> Possible, Oteiba SaysABU DHABI, United Arab Emirates - The Organization of
CAMEROON'S OIL WOES MOUNT
HOWARD SCHISSEL |
Cameroon's oil industry is in the doldrums. Although this central African state of 10 million inhabi
INDONESIA EXPECTS LNG AGREEMENT WITH S. KOREA
P.T. BANGSBERG |
Only hours after reportedly coming to terms on the price of natural gas sales to Japan, the Indonesi
FUEL OIL OPTIONS TO PROVIDE FLEXIBILITY
JOSH MARTIN |
The New York Mercantile Exchange plans to introduce options in heating oil futures contracts this sp
UNOCAL TO PASS ON SUPERFUND CHARGE
Journal of Commerce Staff |
Unocal Corp. will begin passing through a 0.2 cents a gallon federal ''Superfund" charge on all gaso
SENATOR URGES OIL IMPORT FEE
(AP) |
Economic depression in U.S. energy-producing areas could spread nationwide if the government does no
LIFTING EC CATTLE HORMONE BAN SEEN AS PRIORITY IN BEEF TALKS
BOB BURGDORFER |
Two weeks after being elected president of the National Cattlemen's Association, Jack Dahl will leav
BRAZIL STUDIES BEEF PRICING
Knight-Ridder Financial |
Brazilian officials are studying a complete or partial lifting of beef price restrictions as early a
COMMODITY BRIEFS
From Wire and Staf Reports |
China Province Reaps<br><br> Record Grain HarvestJINAN, China - China's Shandong province harvested
RUBBER SALES RISE IN MALAYSIA
Knight-Ridder Financial |
Higher prices lifted Malaysia's export earnings from natural rubber in 1986 to M$3.25 billion, up 13
SHORT-TERM INCREASE FORESEEN IN GOLD PRICES
PAULA BLOCK |
The active gold futures contract has fallen from a high of $424 three weeks ago to trade several tim
SOCIETE GENERALE TO BE PRIVATIZED
(AP) |
Societe Generale, France's third-largest commercial bank, will be sold to the public later this year
COST OF CREDIT
JOC Team |
Tuesday, Feb. 10, 1987<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
EARNINGS
JOC Team |
Sales<br><br> Net Income Per ShareCompany Period Latest Prior
INDUSTRIAL PRICE INDEX
JOC Team |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FINANCIAL BRIEFS
From Wire and Staff Reports |
Salomon Announces<br><br> Global Paper ProgramNEW YORK - Salomon Inc. announced the globalization of
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
STOCK PRICES DECLINE FOR THIRD DAY IN ROW
GORDON PLATT |
Stocks declined for the third trading session in a row Tuesday amid fears of rising interest rates a
PEUGEOT REVAMPING IS PAYING OFF FRENCH AUTOMAKER SETTING ITS SIGHTS ON US LUXURY CAR MARKET
JACQUES NEHER |
The lion frozen on Peugeot SA's corporate logo has something to roar about these days.<br><br> After
NTT STOCK PRICE A RECORD AT $10,526 A SHARE IN TOKYO
(AP) |
Shares of Nippon Telephone and Telegraph Corp. changed hands for the first time Tuesday at 1.6 milli
SHIPYARD WORKER SUES PAINT MAKERS
(AP) |
A 25-year-old shipyard worker filed what is believed to be the first product liability lawsuit in th
EXPERTS LIKE INDUSTRY STOCK BY PAULA L. GREEN
Journal of Commerce Staff |
Undervalued prices plus gains in earnings that are expected to outstrip the Dow Jones Industrial Ave
INSURANCE BRIEFS
From Wire and Staff Reports |
Wash. Authorities Seize<br><br> Life Insurance CompanyLife Insurance Co. of America has been seized
VEHICLE PHOTOGRAPH RULE DEBATED IN NEW YORK
Journal of Commerce Special |
The New York requirement that insured vehicles be photographed should be made optional for the volun
REINSURERS HIT '86 TAX LAW
LEAH R. YOUNG |
Reinsurers may attempt to recoup higher expenses due to the 1986 tax reform law, the president of th
THIEVES PREFER US-MADE CARS
(AP) |
Americans may like foreign cars, but car-thieves prefer U.S. models, according to a Chicago company
EXCHANGE HALTS ALL UNDERWRITING
CRAIG DUNLAP |
The Insurance Exchange of the Americas' board of governors voted Tuesday to suspend all underwriting
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