High profits slow trades in stocks
Wall Street ignores strong second quarter profits as earnings rise 39 percent yet major indices linger in a narrow trading range. Analysts note most firms meet expectations while caution remains about sustained market strength amid capital spending boosts and lagging investor enthusiasm.
MENTIONED IN THIS ARTICLE
York
Wall Street
Wall Street Journal
Charles Carlson
Dow Theory
Hammond
Ind
James Stack
InvesTech
Kalispell
Mont
Martin Zweig
Bellmore
N.Y
Richard Hokenson
Donaldson, Lufkin & Jenrette Securities Corp
Hokenson
Douglas County sales tax surges above state trend
Kansas Department of Revenue data show Douglas County sales tax revenues rose 15.5 percent for the year ending in June, led by Baldwin with a 39 percent jump and Lawrence at 11.8 percent. Baldwin collected 133,939 from a prior 96,394, Eudora up 19.4 percent to 69,199, while Lawrence tallied 7,390,308 versus 6,613,219.
MENTIONED IN THIS ARTICLE
Douglas County
Kansas Department of Revenue
Baldwin
Lawrence
Revenue Department
Kevin Walker
The
Lawrence Chamber of Commerce
Pat Kehde
Downtown
Lawrence Inc
Eudora
Stocks of Local Interest Watch for Market Wrapup
A note indicates the Journal-World will publish a complete market wrapup in Saturday’s edition, covering stocks of local interest and related financial data for readers seeking updates on market activity and local securities.
MENTIONED IN THIS ARTICLE
Journal-World
Local markets and commodities snapshot from Midland and other centers
Morning quotes show Midland Elevator grain prices with Wheat 3.36, corn 2.13, milo 3.48, soybeans 5.40. Omaha livestock market reports hogs 44.00 44.50 and 31.00 33.00 for weights, cattle and calves with steer and heifer prices around 67.00 68.50 and heifers 66.50 68.25, plus sheep at 79.00 81.00 for lambs and 26.00 36.00 for pelts. Dodge City notes quiet trade with last week’s 103,500 head sales. Nonferrous metals list copper near 1.11, lead 0.38, zinc 0.46 0.49, tin 3.46, gold 377.60, silver 5.13 5.14, platinum ~404 406. Rates from Commerce Bank of KC as of 8 a.m. today.
MENTIONED IN THIS ARTICLE
Midland
Omaha Livestock Omana, Nes
Uspa
Omaha
U.S
Dodge City Livestock Dopce Crry
Kansas
Boeing to invest in China tail sections plant and parts center
Boeing says it will invest 600 million dollars to build tail sections for 737 jets in China and 100 million for a spare parts center and training programs. The plan includes future production at Xi’an and increases Boeing’s share of China’s new aircraft purchases. Separately, US fuel prices rose as crude costs surged amid a Nigerian oil workers strike, with averages up over three cents per gallon.
MENTIONED IN THIS ARTICLE
Bewing
Boeing Co
China
Boeing
Wichita
Xian Aircraft Co
Xian
Woodard
Los Angeles
Trilby Lundberg
Lundberg
Nigeria
Simpler fund prospectuses urged by New York advocate
New York City public advocate Mark Green proposes a standard label on mutual fund prospectuses that would summarize goals, risks and costs on the cover. The report also calls for glossary terms, clearer charts, and a summary annual report to boost investor understanding.
MENTIONED IN THIS ARTICLE
Mark Green
New York City
Public Advocate
Morningstar Mutual Funds
Jennifer Kohn
Green
AISE Seeks Host Families for International Exchange Students
AISE requests host families for foreign exchange students from over 31 countries. Students are fluent in English and carry their own insurance and spending money. Hosts provide room and meals as part of a diverse cultural program spanning Russia, Brazil, Australia, Sweden, and more. Call 1-800-SIBLING or Chris at 913-246-1295.
MENTIONED IN THIS ARTICLE
AISE
Russia
Brazil
Australia
Sweden
Chris
Also Mentioned on This Page
Sain Ba Pacece
DIAL
NPC
AlliedSig
Applebee's
O'Reilly Auto
Unc
Buckle Inc
Screnee Soresee Abz
Casey's
Rcesserereee
Pepsico
CommBancsh
Quaker
Dayton-Hud
Fleming
Saille Mae
Evnceneen
FMC
Santa Fe Saeee
Sealright Sams
Issesesers
Goodyear
Wal-Mart
Western Res
Mercantile
Williams Annes
Merck
Woolworth
Met Fi
Incusts
Edward D. Jones & Co
New York
London
Handy & Harman
Comex
Commerce Bank of
Kansas City
N.A
Commerce Bank
Canada
France
Germany
Great Britain
Italy
Japan
Mexico
Switzerland
Audience - Journal-World
Jayhawk
Tom Jones
Ares
IRLD
Sixth Street
Rich Nathan
Quality Inn
Nathan
Mass
Morton
Sedalia
Morton Buildings Inc
Hwy
Holton
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