Enron lenders back plan for second life after bankruptcy
Embattled Enron Corp. may rise as a smaller trader with new management and a partner bank, said John Olsen of Sanders Morris Harris. Enron shares jumped 118 percent to 87 cents after $1.5 billion in short term financing secured as bankruptcy protection began. U.S. Steel, the largest domestic steelmaker, discussed merging with three peers to save the industry, involving Bethlehem and Wheeling-Pittsburgh and others with government and union support.
MENTIONED IN THIS ARTICLE
Enemgy
Enron Corp
John Olsen
Houston
Sanders Morris Harris
Enron
New York Stock Exchange
U.S. Steel
United Steelworkers Union
Bethlehem Steel
Wheeling-Pittsburgh Steel
Sauer-Danfoss names Karl Schmidt CFO effective Jan 1
Sauer-Danfoss Inc announced Karl Schmidt will become chief financial officer on January 1. He previously served as executive vice president and CFO at Degussa-Huls Corp, a New Jersey specialty chemicals firm. The company operates a plant in Lawrence.
MENTIONED IN THIS ARTICLE
Sauer-Danfoss Inc
Karl Schmidt
Schmidt
Degussa-Huls Corp
New Jersey
Sauer-Danfoss
Lawrence
PrairieFire bistro closes after year in business
PrairieFire American Bistro at 724 Mass. will close Dec. 15 after a year in Lawrence. Owner Steve Wilson says the market favors lower price points and not fine dining, despite strong weekend turnout from out of town. He plans to lease the space for a bar and grill concept to attract higher volumes.
MENTIONED IN THIS ARTICLE
Massachusetts Street
PrairieFire
Mass
Steve Wilson
Lawrence
Kansas City
Topeka
Wilson
Mass Street
Prairie Fire
Bleu- Jacket
Hereford House
Louis Copt
Wine Spectator
Iowa
Local market quotes and commodity prices recap
Tuesday market notes list cash grain prices from Ottawa Edgerton Overbrook Midland and Pauline Elevators with wheat corn milo and soybeans. USDA loan deficiency payments for soybeans noted. St Joseph Missouri hog quotations show receipts and price ranges with hogs sows and boars. Nonferrous metal prices in New York include aluminum copper lead zinc gold silver and mercury with Handy & Harman daily quotes.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative
Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence
Pauline
USDA
New York
London
Handy & Harman
Mercury
Sprint reports profit warning and eBay deal
Sprint Corp. forecast higher fourth quarter PCS revenues near 2.8 billion and 13 billion for 2002 driven by subscribers. FON Group cut its Q4 earnings outlook to 25 to 27 cents per share while noting losses from global ops and ION cancellation. E Solutions won a major eBay Internet traffic contract, described as a big win, with some web servers to be moved to Sprint facilities.
MENTIONED IN THIS ARTICLE
Kansas City
Sprint Corp
FON Group
Sprint
Data
E:solutions
eBay
Sprint Pcs Group
ION
Fon
Lion
Sprint Pcs
New York Stock Exchange
PCS
William Esrey
Esrey
Sprint Internet Center
Also Mentioned on This Page
Steel Companies
Sauer-Danfoss Tabs Cfo
Bar and Grill
By Mark Fagan
lJworld.com
Mark Fagan
St. Joseph
Sixth Street
Norman John
Chris Chapin
Jim Moore
Martha Pierson
CSR
Alicia Sanchez
W. 6Th Street
Pine Ridge Plaza
Westock
Ste
Usioan.net
Free
Keanpasy City
Wrence Medical Plaza
Eness
Cel Elas
Rtd
PRN Sten
Rae At Your
Home Medical
Lawrence, KS
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