Market Index Rises at Open to 10,665.30
The Dow Jones average stood at 10,665.30 at 11 a.m., up 0.94 points from this morning's opening.
07 Dec 2000
Page 1
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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Dec 07, 2000
Page
1
The Dow Jones average stood at 10,665.30 at 11 a.m., up 0.94 points from this morning's opening.
A thursday night forecast shows cloudy conditions in the west and partly cloudy skies in the east with lows from 20 to 30. Friday brings a slight snow chance in the southwest, mostly cloudy in the center and east with highs in the 30s. Saturday offers a chance of snow or rain to the west, dry conditions central and east, with lows in the 20s and highs from the 30s west to 40s-45 east.
The Telegram reports on local news and sports with editorials available at the website www.gctelegram.com. No specific events or figures are provided in the readable text.
IBP agreed to talk about Tyson Foods Inc. 4.2 billion merger offer. Ed Nicholson says due diligence is under way to review business operations and finances. The talks follow two prior bids from DLJ Rawhide and Smithfield Foods with talks ongoing among all three suitors.
Tyson Foods Inc bids 2.8 billion dollars in cash and stock to acquire IBP Inc, aiming to create the world’s largest beef pork and chicken producer. Tyson, based in Springdale Arkansas, reports 1999 sales of 7.4 billion and 69,000 employees. IBP, based in Dakota Dunes South Dakota, posts 1999 sales of 14.1 billion and 45,000 employees.
Garden City schools adopt Boy Scout like prep for emergencies. USD 457 outlines building level crisis plans covering chemical spills bomb threats and intruder responses. A nonstudent appearance at the high school parking lot last week followed the plan proving protocols work.
The Kansas Supreme Court heard the first death penalty appeal under the 1994 capital punishment law in the case of Gary Wayne Kleypas. He was convicted in 1997 of the 1996 stabbing death of Carrie Williams, a 20 year old Pittsburg State University student, and faces execution.
With time running out, Gore urges the Florida Supreme Court to order selective manual recounts to revive his White House bid. Bush contends the court lacks power to intervene as the Dec. 12 elector deadline looms, while Harris and her lawyers oppose any expansion of judicial authority. Gore and Lieberman watched the arguments, and Bush arrived in Austin as the case touched new state moves on electors.
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