Bonds rise as stocks stumble on tech worries
U.S. bonds posted their largest gain in a month as inflation fears eased and economic slowing tempered. The benchmark 30 year Treasury rose about 1 1/8, yields down to 6.82 percent, while the two year note fell to 5.98 percent. Stocks declined on Microsoft's Windows 95 launch concerns, with the Dow off 4.23 to 4580.62, the S&P 500 up 0.32 to 557.46, and the Nasdaq down 7.26 to 1020.93.
MENTIONED IN THIS ARTICLE
U.S
Treasury
Microsoft Corp
Standard & Poor
CompuServe boosts Block earnings in first quarter
H R Block Inc. reported a first quarter profit of 5 cents a share on CompuServe’s earnings of 5 cents per share, with pretax earnings at a record 44 million and revenue at 186.5 million. The period showed gains from a year earlier when Block faced nearly 3 million loss and 3 cents per share.
MENTIONED IN THIS ARTICLE
Compuserve
Block
H&r Block Inc
CompuServe Inc
H&r Block
Local Market Quotes and Livestock Prices Report
Market bulletins show Midland and South Elevators with wheat at 4.58 and 4.55 dollars, corn 2.83, milo 4.75, soybeans 5.85. Omaha and St Joseph quotes list hogs steady to higher, steers, heifers, and feedlot activity, plus nonferrous metals and precious metals values in New York spot and futures markets.
MENTIONED IN THIS ARTICLE
Farmer's Cooperative Association
Midland
Cor
Milo
South
North
Mily
New York
London Metal Exch
Wed
Gaupper
Gamex
Florida firm to take over Lawrence Holidome and Manhattan Holiday Inn
Service Hotels and Resorts of West Palm Beach acquires the Lawrence Holidome and the Holiday Inn in Manhattan from Kan/Del Investment Partners. Closing is expected Monday with Servico assuming daily management and responsibility for $9.1 million IRBs. The city will lease back the property, effectively making Servico the owner once IRBs are paid.
MENTIONED IN THIS ARTICLE
Florida
United States
Service Hotels and Resorts
West Palm Beach
Fla
Holiday Inn
Manhattan
John Chastar
Servico
Helidome
Kan/Del Investment
Quorum
Denver
Mary Grover
Chaszar
Lawrence
Florida Company
IRB
Lawrence City Commission
Irbs
Kan/Del
Lehman Brothers
New York
Topeka Clinic to join Stormont-Vail in regional merger
The Cotton-O’Neil Clinic, a major Northeast Kansas provider with 72 physicians and a neuroscience unit in Lawrence, will become a division of Stormont-Vail Regional Medical Center on Sept 1. All current Cotton-O’Neil employees will join Stormont-Vail, which owns Dechaire and manages multiple hospitals and clinics. The deal follows a failed joint venture with Columbia/HCA and signals ongoing regional health care consolidation to curb costs and expand capital and services.
MENTIONED IN THIS ARTICLE
Kansas
Stormont-Vail
Topeka
Cotton-O’neil Clinic
Lawrence
Stormont-Vail Regional Medical Center
Cotton-O’neil
Columbia/HCA Corp
Columbia
HCA
Mt. Oread
Cotton-O'Neil-Stormont- Vail
Howard Chase
Stormont-Vails
Clinic
Mistee Leighty
Dechaire Hospital Inc
Westmoreland
Memorial Hospital
Manhattan
Hiawatha Community Hospital
Wamego City Hospital
Cotton-O'Neil
Rossville
Osage County
Emporia
Wamega
Menninger Clinic
July durable goods fall as auto plant shutdowns weigh on orders
U S durable goods orders dropped 1.7 percent in July after a 0.3 percent slide in June as seasonal auto plant shutdowns for model year changes offset gains in aircraft orders. Excluding transportation, orders rose 0.1 percent. Analysts noted weak demand for capital goods and suggested potential Fed rate moves if weakness persists. Unemployment claims rose to 348,000 last week, though the four week average fell.
MENTIONED IN THIS ARTICLE
U.S
Commerce Department
Robert Dederick
Chicago
Northern Trust
Bloomberg Business News
David Resler
Nomura Securities International
Labor Department
Insurance chief moves up workers' camp deadline
Kansas Insurance Commissioner Kathleen Sebelius announced at a news conference that insurance carriers must file new workers' compensation rates by November 1, 17 months ahead of a prior deadline. Rates would take effect January 1. She cited only partial carrier rate reductions from a $25 million savings approval and faulted seven of the top 12 writers for not filing the new rates.
MENTIONED IN THIS ARTICLE
Topeka
Kathleen Sebelius
Kansas
Sebelius
Insurance Department
Lve
Also Mentioned on This Page
Germany
Europe
Austria
Belgium
Netherlands
Denmark
France
Waxman
Henry Waxman
D-Calif
Philip Morris Co
ABCTV
Capital Cities
ABC
Philip Morris
Dilbert
Journal-World
Omaha Livestock
Oman
Omaha
St. Joseph Livestock
St. Josefn
Dodge City Livestock
Donge Cry
Handy & Uarman
Comex
N.Y
John Chaszar
Anthony Martin
Martin
Catton-O'Neil Clinic
Megan Neher
Journal-Worlh
Cotton- O'Neil
Stormont- Vails
Maplewood
New Jersey
Accounting
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!