Word: midlanders
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Midland, Mich...
...will be up about 10%, but the bank recently disclosed that for the fourth quarter it will report its first decline from a year earlier since 1969. Chase in the third quarter reported earnings a stunning 56% below those for the 1974 period, and New York's Marine Midland, after clearing its books of $25 million in bad debts, expects to report an actual overall loss for the fourth quarter. Marine Midland will also reduce its dividend from 450 a share...
...other types of power plants; they take about ten years to complete, while coal-burning plants can be built in seven years. The extra time is money - lots of it - because the costs of building and borrowing are skyrocketing. Thus, the cost of a nuclear power plant planned for Midland, Mich., in 1968 was estimated to be $260 million; the plant, not yet finished, is now expected to cost $1.4 billion. In total, says Power Plant Builder Leonard Reichle of Ebasco Services, Inc., a nuke costs $1,005 per kilowatt of generating capacity, while a coal-fired plant costs between...
...indoors. Friday night he was in Kansas City, Kans., for another fund raiser; on Saturday he flew to Dallas, and amid inevitable reminders of John Kennedy, Ford addressed some 2,000 members of the National Federation of Republican Women and spoke at Southern Methodist University. Then he journeyed to Midland, Texas, where he dedicated the Permian Basin Petroleum Museum and was thanked with a shower of rose petals-a fitting gesture in a week when Congress sustained his veto of an oil decontrol bill...
...depths of the recession last winter are now about 70% invested in the market. Other institutions have made an even more dramatic turnabout. Philadelphia Investment Co., which had 75% of its assets in cash last fall, is now 75% in stocks. At New York's Marine Midland Bank, Vice President Richard Hobman acknowledges that "the vast majority of our cash is fully invested." Growth-oriented mutual funds have been among the heaviest stock buyers of all. The Value Line funds have been 100% in the market since the fall. Says Value Line Head Arnold Bernhard...