Security Pacific Corp. filed a shelf registration...
Security Pacific Corp. filed a shelf registration with the Securities and Exchange Commission to issue up to 600 shares of preferred stock for a total of $300 million . . . Citing losses on farm loans and an inability to recapitalize, Nebraska officials closed Elba State Bank, the 82nd bank to fail nationally this year . . . Armco said it completed the sale of its aerospace and strategic materials group to Owens-Corning Fiberglas for $415 million in cash.
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