October 11, 1994 |
Stocks ended higher in light holiday trading Monday as investors seemed to shift their attention from inflation and interest rates worries to third-quarter corporate earnings reports. The Dow Jones industrial average rose 23.89 points to 3,821.32, the biggest one-day rally since Sept. 15. In the broad market, winners topped losers by 2 to 1 on the New York Stock Exchange. But analysts noted that trading was light as the Columbus Day holiday kept many investors away.
July 18, 1995 |
Scott Paper Co.'s chairman and chief executive, Alfred J. Dunlap, stands to pocket up to $100 million from selling the company to Kimberly-Clark in a $6.8-billion deal announced Monday. But he says he's the "biggest bargain in corporate America." Dunlap said Scott's shareholder value has increased by $4.5 billion since he took over in April, 1994, and began a series of deep cost-cutting moves at the paper maker. "My entire focus from the first day I joined Scott has been . . .
February 21, 2006 |
The Supreme Court will take up a property rights case today that could greatly curtail the federal law credited with cleaning up the nation's rivers, lakes and bays after decades of industrial pollution. The Clean Water Act of 1972 made it illegal to discharge pollutants without a permit into the "navigable waters of the United States."