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HOME RESALES UP IN MOST STATES
(AP) |
Georgia led a parade of 33 states and the District of Columbia in an increase in the sales of existi
WEAKNESS FOUND IN AUSTRALIA, UK
Journal of Commerce Staff |
The leading indexes for nine countries project economic weakness in Australia and the United Kingdom
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> Consumer confidence declined in October to its lowest level in more than three
US AND EC AT ODDS OVER MAIZE
SIMON CAMERON MOORE |
Frans Andriesson, vice president of the European Community Commission, warned that another major row
WHO RUNS FIRMS? HONG KONG ASKS NATION PROPOSES TIGHTENING OF CONCEALED-OWNERSHIP RULES
P.T. BANGSBERG |
New regulations to force disclosure of the true ownership of public companies will be published for
ON THE MOVE
Staff Report |
Home Unit<br><br> Names LaddNew Field VP<br><br>Home Group Inc. promoted David N. Ladd to executive
PHILIPPINE AID PROCESS SLOW
P.T. BANGSBERG |
The struggling Philippine economy is getting some of the foreign backing it desperately craves, but
FOREIGN STEEL LOSES GRIP IN THE US
Journal of Commerce Staff |
Imported steel's share of the U.S. market is gradually declining, the American Iron and Steel Instit
BIS PREDICTS 1987 WILL BRING GROWTH
Knight-Ridder Financial |
The economies of the 10 leading industrialized nations of the West will grow by between 2.5 percent
NYSE CHIEF SEES CHINA ADVANCING
JASPER BECKER |
China will be operating sophisticated financial markets within a decade at most, said John Phelan, c
Maritime
INTERNATIONAL CALENDAR
JOC Team |
THE PAC RIM 86. An international symposium on trade, finance and investment. Participants include Au
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Toshiba Subsidiary<br><br> Opens 2nd US OfficeToshiba International Corp., a subsidiary of Japan's T
Maritime
JAPANESE TARGET CHINA TRADE MINISTRY TOLD TO FACILITATE INVESTMENT
A.E. CULLISON |
Japanese Prime Minister Yasuhiro Nakasone has called for measures to facilitate private Japanese inv
Maritime
PEPSICO TO INVEST MILLIONS IN CHINESE JOINT VENTURES
JOC Team |
Pepsico Inc. said it will invest up to US$100 million in joint ventures to produce soft drinks in Ch
Maritime
FOOD FIRMS CAN JOIN MISSION
Journal of Commerce Staff |
The Port Authority of New York and New Jersey is looking for eight to 10 companies in the food proce
Maritime
EC EXPORTS DECLINE 12 PERCENT
(AP) |
Exports from the 12 nations of the European Community fell 12 percent in the May-July period from a
Maritime
GREECE, US SIGN ACCORD ON DEFENSE
(AP) |
Greece and the United States signed a defense and industrial cooperation agreement that will give Gr
Maritime
JAMAICAN GROWTH FALLS SHORT
CANUTE JAMES |
A decline in food exports has contributed to a downward revision of Jamaica's economic growth prospe
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Japanese Population<br><br> TOKYO - Japan's population totaled 121,048,923 as of Oct. 1, 1985, up 3.
Maritime
JAMAICA WINS NOD ON TELEPORT TELECOMMUNICATIONS FACILITY WILL BE CARIBBEAN'S FIRST
CANUTE JAMES |
U.S. companies will soon have a chance to use the first teleport in the Caribbean, at rates estimate
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Gorbachev Trip Touted<br><br> NEW DELHI, India - Soviet Premier Mikhail Gorbachev's upcoming visit t
Maritime
XEROX TO OPEN COMPUTER LAB IN ENGLAND
Journal of Commerce Special |
Xerox Corp. of Stamford, Conn., and London-based Rank Xerox Ltd. announced the establishment of a Eu
Maritime
GM CORP. INTRODUCES '87 TRUCKS
MICHAEL LELYVELD |
GMC Truck Operation of General Motors Corp. unveiled its heavy and medium trucks for 1987, highlight
CANADIAN PACIFIC POSTS INCOME RISE
JOC Team |
Canadian Pacific Ltd. reported third-quarter income rose to C$81.2 million, or 27 cents a share, fro
TRAFFIC BRIEFS
From Wire and Staff Reports |
Gelco Turns Down Bid<br><br> By Unidentified SuitorEDEN PRAIRIE, Minn. - Gelco Corp. said its board
SUPREME COURT TO HEAR TRUCK TAXATION CASE
HELEN ERICSON |
The Supreme Court agreed to hear arguments in a state truck taxation case involving roughly $400 mil
AIRBUS OPTIMISTIC ON A320 SALES 150-SEAT, SINGLE-AISLE PLANE TO BE INTRODUCED EARLY IN '87
BILL MONGELLUZZO |
Airbus Industrie is counting on the introduction of its A320 model early next year to help put it on
AVIATION BRIEFS
From Wire and Staff Reports |
Unions Act to Block<br><br> Buy-out of EasternUnions representing Eastern Airlines workers have file
KLM'S STRATEGY IN PLACE
RICHARD MALKIN |
Jacques Ancher's answers are crisp and prompt, signaling the fact that he has thought through the my
PEOPLE EXPRESS INC. REPORTS NET LOSS
Journal of Commerce Staff |
People Express Inc. reported a net loss in the third quarter of $112.9 million, compared with a net
AQ AGREES ON BUY-OUT OF ALOHA AIRLINES INC.
Journal of Commerce Staff |
Aloha Inc., the parent company of Aloha Airlines Inc., said AQ Corp. has reached agreement with the
NAVISTAR TAKES SPECIAL CHARGE
LEO ABRUZZESE |
Navistar International Corp. will take a $66 million charge in its fourth quarter report, based on t
UTILITY DIVERSIFICATION CONCERNS STATE REGULATORS
ANDREA CHANCELLOR |
State public utility regulators have basic fears that arise when a utility announces it intends to d
A-P-A TRANSPORT DIGESTING SANBORN'S LTL TRUCKER SEEKING TO BUILD DENSITY ON ITS ESTABLISHED ROUTES
MICHAEL S. LELYVELD |
The people at A-P-A Transport Corp. are acting like the cat that swallowed the canary. Actually, the
BERGEN BANK ISSUE RATED AA1
JOC Team |
Moody's Investors Service assigned an initial Aa1 rating to a senior long- term Euroyen obligation o
COST OF CREDIT
JOC Team |
Monday, Nov. 10, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
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
LLOYDS BANK SAYS DOLLAR WILL DECLINE AGAIN IN 1987
Knight-Ridder Financial |
The U.S. dollar will fall to 1.80 deutsche marks and 150 yen, while the pound sterling is expected t
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> Consumer confidence declined in October to its lowest level in more than three
Maritime
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