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NO OIL PRICE HIKES IN SIGHT
(AP) |
The oil industry can expect the prices of oil to stay around $15 a barrel during the next six to 12
YAMANI TOLD TO STAY IN SAUDI ARABIA
(AP) |
Sheikh Ahmed Zaki Yamani, who was dismissed last month as Saudi Arabia's oil minister, has been orde
OREGON RULES ON USE OF FOREIGN AUTO PARTS
JAMES NOLAN |
Oregon auto insurers will be required to tell motorists when their cars are being fixed with parts m
TOXIC SPILLS CLOUD AVAILABILITY CLIMATE
EDWIN UNSWORTH |
European chemical companies, already facing sharply escalating insurance rates for liability cover,
INSURANCE BRIEFS
From Wire and Staff Reports |
Fraud Legislation<br><br> Under Way in Pa.HARRISBURG, Pa. - The Pennsylvania Senate, by a vote of 50
IMPROVEMENT LOOMS IN '86 P/C 3RD QUARTER RESULTS ASSURE GOOD YEAR
ALAN HERBERT |
The property/casualty insurance industry scored a consolidated after-tax income of $3.0 billion for
MARSH BUYS IDENTITY CONSULTANT
Journal of Commerce Staff |
Marsh & McLennan Cos., the world's largest insurance broker, acquired Lippincott & Margulies Inc., c
NEW YORK COURT DISMISSES PARALYZED JOCKEY'S LAWSUIT
(AP) |
Former jockey Ron Turcotte, who rode Secretariat when the horse won racing's Triple Crown in 1975, l
SAN FRANCISCO REJECTS BAN ON TOBACCO ADS
(AP) |
City supervisors have rejected a proposal that would have made San Francisco the first city in the c
COST OF CREDIT
JOC Team |
Tuesday, November 25,<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
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 |
FMC Corp. Considers<br><br> Lawsuit Against BoeskyFMC Corp., which may have lost $360 million in the
INSURANCE ANALYSTS STILL HOPEFUL WEAK STOCK PRICES SEEN IGNORING FURTHER EARNINGS RECOVERY
C.A. CARPENTER |
Growing uncertainty over whether the property and casualty insurance industry's earnings recovery wi
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
THE DOLLAR DROPS ON BEARISH NEWS
Knight-Ridder Financial |
The U.S. dollar declined Tuesday because of a disappointing economic report and fresh signs of turmo
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> The stock market struggled to reach a new record as profit-taking clashed with
Maritime
RIGHT MAN FOR JOB: HILTZHEIMER
STANFORD ERICKSON |
The re-emergence of Charles I. Hiltzheimer comes none too soon for United States Lines.<br><br> If t
Maritime
UNITED STATES LINES FLEET AS OF FEB. 28, 1986
JOC Team |
Capacity<br><br> Vessels: Year (40 ftOwned: Built Speed cntnrs)<br><br>Round-the-World Service<br><
Maritime
NYSE REVIEWS MCLEAN LISTING
GORDON PLATT |
The New York Stock Exchange said it is reviewing the eligibility for continued listing of McLean Ind
Maritime
MALCOM MCLEAN: FATHER OF CONTAINER IDEA
CHRIS DUPIN |
Many men have played a role in the development of container shipping, but if the idea has a "father"
Maritime
LONG-TERM DEBT OVER $11.7 BILLION
Journal of Commerce Staff |
According to a document filed with the Securities and Exchange Commission recently, McLean has long-
Maritime
USL'S LONG HISTORY ENTERS A NEW CHAPTER
CHRIS DUPIN |
Malcom McLean's grand designs for United States Lines haven't exactly worked out the way he planned,
Maritime
GPA HOLDS OWN AFTER USL DISBANDS
CRAIG DUNLAP |
The disbanding of United States Lines' around-the-world service has hit Savannah hard, but Georgia P
Maritime
USL FILING 'GOOD NEWS' IN EUROPE FOREIGN COMPETITORS EXPECT IMPROVED EARNINGS
JOC Team |
European shipowners are still digesting the dramatic news that United States Lines had filed for Cha
Maritime
USL FILING INVOLVES PETITIONS BY 4 FIRMS
CHRIS DUPIN |
The United States Lines bankruptcy filing on Monday actually involved four Chapter 11 petitions file
Maritime
MCLEAN'S TOP CREDITORS WELL AWARE OF THE CARRIER'S FINANCIAL DIFFICULTIES
CHRIS DUPIN |
McLean Industries' top creditors, in a survey, said the troubled carrier has been in serious financi
Maritime
USL MOVE SHAKES UP PORTS, OPERATORS
CHARLES F. DAVIS |
The decision of United States Lines to severely cut back its extensive liner operations as part of a
Maritime
USL FACES UPHILL BATTLE IN REORGANIZATION EFFORT
ALAN F. SCHOEDEL |
(This is the second of two articles on the Bankruptcy Code action taken by McLean Industries Inc., p
Maritime
HOW CHAPTER 11 WORKS
Journal of Commerce Staff |
Chapter 11 of the federal bankruptcy laws gives management a chance to reorganize a business threate
Maritime
DAEWOO CONSIDERS OPTIONS YARD COULD BUY BACK USL SHIPS TO RECOVER DEBT
P.T. BANGSBERG |
A major South Korean shipbuilder is exploring several possible avenues to recover US$156 million owe
Maritime
MCLEAN NEWS SADDENS, SURPRISES
ANDREA CHANCELLOR |
The move by McLean Industries Inc. to seek protection in federal bankruptcy court surprised and sadd
Maritime
NO BAILOUT FOR USL EXPECTED
ROBERT F. MORISON |
The Reagan administration won't intervene as United States Lines Inc. tries to work its way out.<br>
Maritime
BANK OF AMERICA LOOKS TO CHINA BUSINESS EXPANSION PLANNED DESPITE STREAMLINED OPERATIONS
P.T. BANGSBERG |
Despite strenuous efforts to trim worldwide operations in the face of heavy losses, Bank of America
Maritime
GLOBAL STANDARDS UPGRADE CHINESE INDUSTRIAL QUALITY
(AP) |
The quality and technological level of Chinese industries are improving with the adoption of interna
Maritime
HAGEMEYER TO BUY 80 PERCENT STAKE IN GPX
P.T. BANGSBERG |
The Dutch conglomerate, Hagemeyer NV, a unit of First Pacific Group, will acquire a U.S. electronics
Maritime
HONG KONG EXPORTS SOAR 37 PERCENT
Journal of Commerce Special |
Domestic exports last month showed the highest growth so far this year, up 37 percent over October o
Maritime
INTERNATIONAL CALENDAR
JOC Team |
EXPORT PROCESSING ZONES MANAGER WORKSHOP. Workshop to offer training through discussions of EPZ oper
Maritime
INDONESIANS, JAPANESE INK INVESTMENT PACTS
(AP) |
Members of an Indonesian delegation signed contracts worth US$54 million with Japanese partners in v
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
IMF Director Assures<br><br> Philippines on TalksMANILA, Philippines - The director of the Asian Div
Maritime
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