Word: dayton
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Dates: during 1980-1989
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...tournament, the biggest and richest in collegiate history, begins Tuesday with the champions of the 10 weakest Division I conferences meeting in a "preliminary round" in Philadelphia and Dayton. Those five winners will advance to first-round action around the country, beginning Thursday and running through the weekend...
...their receipts, and the figures made very good reading. Christmas sales more than fulfilled expectations, and the 1983 holiday shopping season was the best in nearly a decade. Revenues of major stores were more than 10% higher than last year. Sears' sales improved 35%, while Minneapolis-based Dayton Hudson recorded a 25% gain. Predicted Dayton Hudson Chairman William Andres: "Consumer confidence will continue to grow, and we'll continue to see good retail sales...
...sales per customer translate into higher profits for Sears' merchandise group. Net income climbed 164% in the first nine months of 1983, to $320.5 million. Competitors are beginning to take notice. Says Floyd Hall, chairman of Target discount stores, a division of Dayton Hudson in Minneapolis: "From what I've seen, I'm impressed. Obviously, they are doing a lot of things right...
...Dayton...
...carefully the implications of such a dramatic increase." The following day, however, Moody's Investors Service downgraded the ratings of the three utilities. Two other services, Standard & Poor's and Duff & Phelps, put the utilities on a credit watch. Fearful of bankruptcy, Columbus & Southern Ohio Electric and Dayton Power & Light have asked the Hamilton County Common Pleas Court to rule on who would be liable for the $1.6 billion should the project collapse. Says Gerald Morgan, an analyst with Prudential-Bache Securities: "You have the three utilities fighting among themselves as to who is to blame...