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Vista Chemical Co

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BUSINESS
December 13, 1990 | Times Wire Services
Germany's largest electricity utility, RWE AG, today agreed to pay $590 million for Vista Chemical Co., the latest takeover of an American chemical company by a foreign industrial giant. News of the friendly deal sent Vista shares soaring on the New York Stock Exchange, where it was among the five most actively traded stocks. The German company's RWE-DEA AG division said it plans to start a $55-a-share tender offer for Houston-based Vista Chemical by Dec. 19.
BUSINESS
December 29, 1988 | From Times Wire Services
A spurt of late buying in the blue chip sector helped Wall Street stocks to a modestly higher finish in light trading Wednesday. The Dow Jones index of 30 industrials edged up 3.75 to 2,166.43. With two sessions left before New Year's, the Dow Jones index sports a gain of 227.60 points, or 11.74%, since last Jan. 1. That ranks as a slightly above-average showing by the historical standard of 9% to 10% annual gains for stocks.
BUSINESS
February 24, 1989 | From Times Wire Services
Takeover issues provided the spark for a late rally on Wall Street Thursday and blue chips closed slightly higher as investors ventured back into the market. The Dow Jones average of 30 industrials, which showed a modest loss for most of the session, finished with a 5.53 gain at 2,289.46. The average fell 42.50 points Wednesday for its largest drop in three months.
BUSINESS
November 11, 1987 | From Reuters
At a time when most other major U.S. industries are fearing economic fallout from the stock market collapse, the booming U.S. petrochemical industry appears poised to enter its second consecutive year of robust growth and record profits, industry analysts said. "Petrochemicals will be one of the strongest industries in the American economy next year because of the weak dollar," said John Dosher, managing director of Houston-based Pace Consultants Inc. "No other U.S.
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