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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Feb 18, 1992

Page

21

Milken suits to settle for at least 1.3 billion

Civil lawsuits against jailed financier Michael Milken, including Drexel Burnham Lambert, move toward a global settlement worth at least 1.3 billion dollars. Plaintiffs range from government agencies to individual investors, with total claims running into billions as Milken serves a 10 year federal sentence.

Los Angeles Michael Milken Milken Drexel Burnham Lambert Inc Federal Deposit Insurance Corp

Marion Hy-Vee opens as a mini mall in Marion Iowa

The $7 million 60,800 square foot Marion Hy-Vee Food and Drug Store at 3500 Highway 151 opens at 6 a.m. It blends groceries a bank branch travel agency cleaners and more. Midland Savings Bank will operate in-store seven days a week with services from deposits to loans.

Marion Midland Savings Bank Travel Advisors City Cleaners United States Cellular Ron Pearson Hy-Vee America Pearson Randy Bray Midland Savings Midland Bray Diana Oxberger Omiga Sony Mount Vernon Rd Cedar Rapids Chariton 32Nd St. NE Seventh Ave Lebeda Mattress Co Marion Company Victor Klopfenstein Marion Chamber Dave Snow

Russia hires Goldman Sachs to lure foreign investors

Russia signs a contract with Goldman Sachs to recruit foreign investment and back government interests in Western deals. Robert Rubin of Goldman will spearhead projects in oil and gas, food processing, consumer goods and clothing, mainly negotiating with foreign firms rather than guiding overall policy.

Russia Goldman Sachs Moscow Goldman, Sachs & Co West Wall Street Investment Bank Boris Yeltsin Leonid Grigoriev Yeltsin International Monetary Fund Harvard University Jeffrey Sachs IMF Grigoriev Rubin

Wendy's records record year as profits rise in 1991

Wendy's International reports a 40 percent quarterly profit gain and a 31 percent annual rise, with fourth quarter earnings of 10.9 million and yearly profit of 51.3 million. Sales reach 270 million in Q4 and 1.06 billion for the year, led by higher per store sales. James Near, chairman and CEO, calls 1991 the best since 1985 and notes momentum amid a tough economy.

New York Wendy's International Inc Wendy's James Near Dublin Ohio

Also Mentioned on This Page

Clios Clio Ruth Ratny TV Clios Evans Baltimore Marion Hy-Vee George C. Ford Gazette Iowa Electric Light and Power Co Ankeny Clinton O’brien Associated Press The Gazette Riverside, IA Fairbanks Morse United States Marshal Iowa English River Concentrates Inc United States of America Small Business Administration Mary McDonnel Nova University Commission On Colleges of the Southern Association of Colleges and Schools Lowa Wendy’s Matt Wn Parrott Waterloo Riverside Mall Davenport Pat Pedious President's Landing Second St Main Petersen Department Store
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