Word: comerica
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Jamie and I started in St. Louis (the new Busch Stadium) and finished in Cincinnati (the Great American Ballpark). In between, we visited Chicago (Wrigley), Detroit (Comerica), and Pittsburgh (PNC). On our way, we enjoyed the fruits of the local industry: Bud Light in Beer Town, Old Style in Chi-Town, Yuengling in coal country—all, naturally, in ballpark bleachers. We didn’t skip the gigantic Cheese Coneys in Cincinnati, but maybe we should have...
...yield on blue-chip corporate bonds, according to Merrill Lynch. That's about as wide as the spread ever gets, and it means that investors today are promised a superior return with fully taxable preferreds. Among the best values out there, Merrill says, are the fully taxable preferreds of Comerica (yielding 7.44%), Torchmark (7.58%) and Virginia Electric & Power (7.26%). A handful of closed-end mutual funds invest in fully taxable preferreds, including the John Hancock preferred-income fund and three Quality Preferred Income funds launched this year by Nuveen Investments...
...little white figurines doing a big Acapulco-style dive down a water-washed blue wall. On the other hand, each project is at the mercy of its theme. If Detroit Tigers fans think the idea of giant tiger statues and huge scratch marks on the columns at the Tigers' Comerica Park is insufficiently macho, they're out of luck...
Americans buying cars are in the driver's seat, with vehicles more affordable than at any time in 18 years, according to a new study by Comerica Bank. Last week Ford said prices on its 1999 models would drop an average of 0.3%, the first such slide in 30 years. Prices at Chrysler and Nissan will also stay largely the same, with more options thrown...
...programs, in part, reflect the changing U.S. work force. Traditional benefit plans have been mainly geared to single-income homes in which husbands work and wives tend to the children; But a survey of Comerica's 5,200 employees, for example, showed that only about 13% were living in such once typical households. The 1980 census reported that 51.3% of U.S. women over the age of 16 had joined the labor force, compared with 37.7% in 1960. The number of families supported by one breadwinner, meanwhile, dropped to 33% from 48.3% over the same period. Says Philip M. Alden...