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S&P, MOODY'S REACT NEGATIVELY TO LINCOLN'S PURCHASE OF LAURENTIAN
Wire Reports |
Standard & Poor's Corp. and Moody's Investors Service reacted negatively to Lincoln National Corp.'s
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
BETTER '95 FIGURES WON'T END UNEASE OVER DISASTER LOSSES, EXECUTIVE SAYS
Brian Johns |
Despite a 5 percent hike in the policyholders' surplus to more than $190 billion, the insurance indu
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
GULFPORT GETS CRUISE SHIP WITH E. EUROPEAN ACCENT
Knight-Ridder Newspapers |
Gulfport is cruising these days. The city's first serious cruise ship, the Gruziya, sets sail Monday
Maritime
PHILIPPINES LOOKS TO MAKE A NAME IN BUILDING AND BREAKING OF SHIPS LOW LABOR COSTS ARE AN ADVANTAGE
Cecilia Quiambao |
The country intends to make its mark in shipbreaking and shipbuilding, banking on location and an in
Maritime
SOARING YEN BRINGS BONUSES FOR JAPAN RIVALS
Mark Magnier |
U.S. economic leaders may be severely criticized this week in Washington for allowing the dollar to
CHERRY EXPORT OUTLOOK: JUBILEE _ OR THE PITS
William Armbruster |
Cherry exporters and the airlines that carry the sweet fruit to Japan and other Asian markets are br
US BACKS END OF TARIFFS ON COMPUTERS, PARTS
John Maggs |
The Clinton administration has thrown its weight behind a proposal to eliminate tariffs among the wo
BRAZIL DOCKWORKER RULING EXPECTED IN MAY
Knight-Ridder Financial |
A Brazilian labor court probably will rule on work-rule and salary demands of dockworkers during the
Maritime
SNECMA NEEDS CASH INFUSION FROM FRANCE TO REACH GOALS
Tara Patel |
Snecma, the French aircraft engine maker, urgently needs fresh government capital if it is going to
MEXICO MAY AVOID USING SHORT-TERM AID FUNDS $10 BILLION CREDIT SEEN AS LAST RESORT
Kevin G. Hall |
Mexico may opt against using a portion of a $51 billion international rescue package because of its
WEST COAST PORTS BACK MOVE TO CHANGE CRUISE SHIP LAW BILL COULD CRACK UNTAPPED MARKET
Peter M. Tirschwell |
Saying their cities lose millions of dollars in tourist revenues each year, West Coast ports are pre
Maritime
MATRIX WINS BID TO SHIP TO 4 EX-SOVIET REPUBLICS
Journal of Commerce Staff |
Matrix International Logistics Inc. of Alexandria, Va., won a $40 million contract to ship 165,000 t
Maritime
EU BRACES FOR CLASH WITH UK ON AIR TALKS
Janet Porter |
The European Commission is heading for a confrontation with Britain over who has the right to negoti
SAINT JOHN PICKS LOGISTEC FOR TERMINAL
Journal of Commerce Staff |
The Saint John Port Corp. announced that Montreal-based Logistec Stevedoring Inc. was selected to st
Maritime
SP'S NET RISES FOR QUARTER OPERATING INCOME DECLINES CALIFORNIA FLOODS TAKE A TOLL
Rip Watson |
Southern Pacific Rail Corp. boosted first-quarter 1995 earnings to $16.5 million, or 11 cents a shar
PACCAR POSTS RECORD SALES, NET INCOME
Journal of Commerce Staff |
Paccar Inc., a major manufacturer of truck tractors, reported a first-quarter record for sales and n
AFTER 25 YEARS, SWISSAIR RETURNS TO US CARGO MART
William Armbruster |
Swissair has re-entered the U.S.-European freighter market with a weekly all- cargo flight linking C
TRANSPORT BRIEFS
Wire and Staff Reports |
OKLA. FHWA WORKERS GET TEMPORARY OFFICEOKLAHOMA CITY - Surviving employees of the Fe
MAJOR NATIONS PRESSED TO PARE DEFICITS
Journal of Commerce Staff |
Spokesmen for the world's developing countries called Tuesday on the United States and other major i
Maritime
INDONESIA SEES SURGING FOREIGN INVESTMENT
Reuters |
Indonesia's foreign investment approvals soared to $12.86 billion between Jan. 1 and April 15 - more
Maritime
JAPAN AUTO OUTPUT FALLS FOR 4TH STRAIGHT YEAR
Reuters |
Japan's auto output fell for the fourth straight year in 1994-95 as the strong yen dampened exports,
Maritime
UNION PACIFIC COMPLETES TENDER OFFER FOR C&NW
Rip Watson |
Union Pacific's successful tender offer for Chicago & North Western Transportation Co., completed Tu
DON'T TREAT S. AFRICA AS EMERGING MARKET, INVESTORS URGED
Kevin G. Hall |
South Africa has healthier economic indicators than Mexico and Hungary and should not be lumped in w
Maritime
QUOTE TO NOTE ON RUSSIA'S FOREIGN POLICY:
Andrei Kozyrev |
"Every country has the right to use force to protect the lives of its citizens."
Maritime
TEAMSTERS WIN RIGHT TO CONFIDENTIALITY IN SHAREHOLDER VOTES AT YELLOW CORP.
Chris Isidore |
The Teamsters union won a recent vote at Yellow Corp., but the victory had nothing to do with contra
TRADE BRIEFS
Wire and Staff Reports |
US FIRMS INVESTING IN S. AFRICA UP 29 PERCENTJOHANNESBURG, South Africa - The number
Maritime
MOBIL CORP. CONTRIBUTES $50,000 TO BOMB VICTIMS
Journal of Commerce Staff |
Mobil Corp., the U.S. energy conglomerate, Monday announced a contribution of $50,000 to aid the vic
COASTAL EARNINGS FELL IN THE FIRST QUARTER
Knight-Ridder Newspapers |
Coastal Corp. Tuesday reported lower first-quarter earnings as warm winter temperatures resulted in
US OFFICIAL: FIRMS MISS OPPORTUNITIES IN SINGLE MARKET, NEGLECT GERMANY
Journal of Commerce Staff |
U.S. exporters have failed to exploit the benefits of the single European market and neglected its b
Maritime
INDIA WEIGHS FATE OF IMPORTED SUGAR
Knight-Ridder Financial |
India, which has become a surplus white-sugar producer, has yet to decide what it should do with the
CARL GERSTACKER, EX-DOW CHIEF, DIES
Reuters |
Carl Gerstacker, who rose from washing test tubes at Dow Chemical Co. to become its chairman, died S
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
COLOMBIAN OIL OUTPUT HITS A RECORD HIGHBOGOTA, Colombia - Colombia produced 547,995
JAMAICA STUDIES US OFFERS TO BUY POWER COMPANY GOVERNMENT WANTS TO MAINTAIN SHARE
Canute James |
The Jamaican government is reviewing offers from two U.S. firms that want to buy the island's state-
CARGILL GRINDER AWAITS RULING AS COCOA SITS AT BRAZILIAN PORT
Knight-Ridder Financial |
Cargill's Bahia-based cocoa grinder is awaiting a local judge's decision on the release of 5,000 ton
END TO CROP SUBSIDIES WOULD BOOST US AGRICULTURAL INCOME, STUDY SAYS
Associated Press |
The farm economy would thrive if Congress phased out major crop subsidies and allowed idled land bac
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Apr. 25, 1995 Prevailing sellers' posted prices at the close of business, representi
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 25, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 236.68 off 0.36 wh
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