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McDonnell Douglas Chairman Sanford N. McDonnell said...

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McDonnell Douglas Chairman Sanford N. McDonnell said his company will report a 30% decline in first-quarter profit . . . General Felt Industries of New York has changed its corporate name to Knoll International Holdings Inc. . . . The Federal Reserve said the average yield for one-year T-bills, the most popular index for making changes in adjustable-rate home mortgages, rose to 6.60% last week after averaging 6.26% the week before.

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