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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 26, 2005
Page
7
PPE follows closing price divided by projected earnings per share for the next 12 months. Estimates come from IBES and other sources. A PPE below PE implies potential higher earnings next year, while a higher PPE signals lower future earnings expectations.
Chamber official leaves to take a Kansas City council post, saying it offers a great opportunity. The council, with a $3 million annual budget, is funded about 10 percent by member communities and the rest by corporate investors.
The article critiques a housing market report that warns of declines in cities like New York City Fort Lauderdale and Los Angeles while noting optimistic signals from Federal Reserve forecasters and Massachusetts lawmakers. It lists markets with high risk and cites economist commentary.
GM, Ford, and DaimlerChrysler boosted July sales with employee discount campaigns started in June and July. Analysts note record 1.8 million total U S new-car purchases, with incentives averaging $2,981 per car, up slightly from 2004, yet perceived as a purposeful marketing move rather than a broad savings surge.
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