Westar ends long inquiry as debt trimmed and dividend eyed
Kansas regulators near closing a three year probe into Westar Energy after the firm reduced debt to about 1.75 billion by year end 2004 from 3.6 billion in 2002. Westar plans to raise the annual dividend from 76 cents to a higher amount in 2005 as it sheds nonutility assets and completes its financial plan.
MENTIONED IN THIS ARTICLE
Topeka
Westar Energy Inc
Kansas Corporation Commission
Westar
KCC Nine
Jim Haines
Penney sells Eckerd chain to CVS and Jean Coutu
JC Penney announces a 4.5 billion sale of its Eckerd drugstore chain to CVS Corp and Canada's Jean Coutu Group. The deal makes CVS the largest U.S. drugstore operator by store count, as Allen Questrom says the move reduces debt and allows focus on department stores, catalogs, and online business.
MENTIONED IN THIS ARTICLE
J.C. Penney Co. Inc
Eckerd
CVS Corp
Canada
Jean Coutu Group Inc
CVS
U.S
Walgreen Co. Penney
Allen Questrom
Penney
Bank of America to Cut 12500 Jobs After Fleet Merge
Bank of America Corp plans 12500 layoffs representing about 7 percent of the merged workforce of 181000 after combining with Fleet Boston Financial. Cuts begin this month and span two years with roughly 30 percent via attrition. CEO Kenneth Lewis says about $650 million in savings from overlapping operations.
MENTIONED IN THIS ARTICLE
Bank of America Corp
Fleet- Boston Financial Corp
Kenneth Lewis
Sprint investors drop bid to halt tracking stock recombination
Sprint Corp shareholders who sued to block the PCS and FON tracking stock recombination have withdrawn a request for a preliminary injunction. PCS holders filed at least six lawsuits over the move, which will consolidate the two tracking stocks into FON on the NYSE with PCS converting to half a share of FON on April 23.
MENTIONED IN THIS ARTICLE
Sprint Corp
Sprint
PCS
New York Stock Exchange
FON
Van pool program may survive as Legislature weighs fate
Lawrence van-pool coordinator Abe Rezagazdi leads efforts to preserve the state run service after Governor Sebelius proposed eliminating it. The 20 large vans carry about 250 state employees from Lawrence and Kansas City area to Topeka, with the administration saying the program is not self sufficient and hurts private competitors. The issue drew rider advocacy and continued debate as the 2004 session began.
MENTIONED IN THIS ARTICLE
Abe Rezagazdi
Lawrence
Sebelius
Topeka
Kansas City
Kansas Department of Administration
Low-cost carriers top four in 2003 rankings show strength
Three of the top four airlines in 2003 were low-cost carriers led by JetBlue with the best overall performance. The study notes on time performance fewer bumps and fewer complaints for low-fare airlines, while legacy carriers lagged. JetBlue arrived on time 86 percent, Southwest boasted the fewest complaints, Alaska and America West also ranked high, with Northwest most improved.
MENTIONED IN THIS ARTICLE
Washington
JetBlue Airways
Brent Bowen
University of Nebraska
Aviation Institute
JetBlue
Transportation Department
Southwest
Alaska Airlines
America West
US Airways
Northwest Airlines
Dean Headley
Wichita State University
Lawrence nonprofit helps reuse old computers in Lawrence
Lawrence based Technologies for All Inc buys obsolete computers from area businesses and resells them to local families for a $20 administrative fee. The program aims to curb waste, offers tax deductions for donating companies, and will distribute machines through Ballard Community Center and Pelathe Community Resource Center on a first come, first served basis.
MENTIONED IN THIS ARTICLE
Allen Perrin
U.S
Perrin
Lawrence Based Technologies For
All Inc
Buckner, Mo
Lawrence
Kansas University
Kansas City
Technologies For
Tranet.com
Ballard
Elm St
Pelathe Community Resource Center
Haskell Ave
Market roundup shows grain futures slip while beef bids rise
Chicago Board of Trade soybeans and other grains declined on Monday with May wheat at 4.14 a bushel and May corn at 3.29 1/2. Live cattle futures gained on the Chicago Mercantile Exchange while hogs and pork bellies slipped. Local elevator quotes place soybeans around 10.01 to 10.06 per bushel and milo near 3 to 3.10, with mixed nonferrous metal prices in New York at gold 417.17 and silver 8.09 per ounce.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Edgerton
Overbrook
Midland
Lawrence North
New York
Handy & Harman
Power cut hits clinic as pole snaps during delivery crash
Lawrence police said Patrick McCleary of Lexington was delivering to the Journal World when a maroon 2000 Freightliner snagged a wire, snapped a pole, and cut power to five buildings including Heartland clinic. Nurses moved patients as elevators failed and ice kept blood samples. Emergency generator restored some lights at Spring Hill Suites where 75 attended a corporate meeting.
MENTIONED IN THIS ARTICLE
Lawrence
Patrick McCleary
Lexington
The
Journal- World
Nationwide Midwest
Towanda
David Hubbel
Westar
Riverfront
Heartland
Spring Hill Suites
Sunflower
Pat Mayo
Dave Horstman
County eyes fair towing plan after crash fees
Douglas County commissioners discussed a revised towing process to curb price gouging at accident scenes. Deputies would still ask for a preferred company, but if none is stated a printed list of all five Lawrence area tow firms with fees would be given and a five minute decision window would be allowed. Sheriff Rick Trapp supported the plan as fair to the public and agencies.
MENTIONED IN THIS ARTICLE
Douglas County
Lawrence-area
Sheriff's Deputies
Rick Trapp
Lawrence district to overhaul classified pay after study
Lawrence officials plan a multiyear move to close the salary gap for classified workers after a $37,000 consultant report found district pay trails neighboring districts by about 9 percent. The district will consolidate 41 job titles, reduce 100 titles, and streamline pay schedules to improve earnings for custodians secretaries security staff and library aides.
MENTIONED IN THIS ARTICLE
Sharon Hull
Lawrence
Hull
Northeast
Kansas
Educational Management Soli
Also Mentioned on This Page
Westar E
KCC
Then
Wittig
Brian Moline
Eckerd Drug Chain
Merger Bank of America
Telecommunications Sprint
Nam Ouk Cho
Lee
By Scott Rothschild
Srothschild
Ljworld.com
Topeka — State
Kathleen Iton
Kerry
Rundle
STATE
Lawrence Journal-World
Aviation Survey
Headley
David Neeleman
New Orleans
John FE. Kennedy
Lawrence Nonprofit
By Chad Lawhorn
Clawhorn
Milo
Lawrence South
Pauline Elevator
Funimudlion Tunnes
Journal-World
Citgo
Ninth St
Zarco
Hillcrest Amoco
Presta Phillips
E. 23Rd St
Conoco
TER
East Lawrence
Mike Yoder
Journal-World Photo
Nih
Riverfront Plaza
Tme
Seventh Street
Njworld.com
Jeartland Nest
Amy
Commission
Istrict
Trombeck
Debbie D'Armond
Kennedy School
Aleksei Mitchell
D’armond
Aleksei
Davis Road
D'Armond
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