Despite a recent period of falling mortgage rates, housing sales in August dropped 5.6%, the government said today.
Lear Siegler Chairman Robert T.
Stock prices edged down today in uneventful and light trading.
The dollar nudged broadly higher Wednesday, building on Tuesday's explosive rally, as a result of speculation that the recent decline in U.S. interest rates may be over.
Weyerhaeuser Co. posted lower profit and sales in the third quarter and said continued weakness in
Cannon Group said it will temporarily lower the exercise price of certain warrants to $20 from $25
R. J. Reynolds Industries reported sharply lower full-year and fourth-quarter net income.
Offsetting an operating loss with profits from the sale of three nursing home facilities, Care Enterprises said Friday that it posted net income for the first quarter of $264,000, less than half the $572,000 net income earned in the same quarter last year.
The dollar edged lower against most major currencies Wednesday following the release of figures on the growth of the U.S. economy.
Blaming the side effects of cheap oil, Fluorocarbon Co. on Friday reported sharply lower net
The absorption rate of downtown Los Angeles office space may carry through to single-digit vacancy rates by early 1987, according to estimates by Grubb & Ellis Co.
The motive behind recent cost-cutting moves at Hughes Aircraft was an internal projection that Hughes' profits over a four-year period would fall $532.8 million short of what it had projected when General Motors agreed to buy the company last year, Hughes officials said Thursday.
Improved efficiency and lower costs and a lower effective tax rate contributed to third-quarter
Flamemaster, a Sun Valley manufacturer of flame-retardant coatings for electrical cables, reported an 80% rise in second-quarter earnings, to $73,670, or 11 cents a share.
, but this time the price trend was downward, with precious metals, grains and soybeans all closing lower to sharply lower.
Gateway Communications Inc. of Irvine said it expects earnings for the second quarter to be lower
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The dollar turned lower in skittish late trading Thursday amid speculation that finance ministers
Beginning Monday, low-income senior citizens will be eligible for discounted tickets for the San Diego Trolley and San Diego Transit buses as part of the city's "Senior Fair" program.