Tower Records files for Chapter 11 bankruptcy
Tower Records, creator of the music mega store chain, filed for Chapter 11 bankruptcy on Monday. The 93-store chain will remain open as the filing aims to facilitate a potential sale amid web music growth and discount rivals. Tower has posted 13 straight quarters of losses and has been pursuing a sale for about a year. The firm does not operate stores in Kansas or Missouri.
MENTIONED IN THIS ARTICLE
Tower Records
Tower
Wal-Mart
MTS
Securities and Exchange Commission
San Francisco
Kansas
Missouri
KU graduate to chair Kroger board in June
David Dillon a 1973 Kansas University graduate will become chairman of the Kroger Co. board in June. Dillon currently serves as Kroger chief executive and will replace Joseph Pichler who plans retirement in June. Pichler taught at KU for 15 years and was dean of the business school from 1974 to 1980. Kroger operates Dillons with four Lawrence stores.
MENTIONED IN THIS ARTICLE
David Dillon
Kansas University
Kroger Co
Dillon
Joseph Pichler
Pichler
Kroger
Dillons
Lawrence
Circuit City to close 19 stores including Topeka location
Circuit City Stores Inc. announced plans to shutter 19 stores by month end due to slumping sales. The Topeka shop on Wanamaker Road was among those closed on Monday, with all sites slated to reopen for a closeout sale before permanent closure on February 23.
MENTIONED IN THIS ARTICLE
Consumer Electronics
Circuit City Stores Inc
Topeka
Wanamaker Road
Richmond
Ferrellgas to Acquire Blue Rhino for 340 Million
Ferrellgas Partners LP announced it will acquire Blue Rhino Corp for 340 million dollars. Blue Rhino, based in Winston-Salem, operates more than 29 000 locations where customers exchange propane tanks. Ferrellgas, headquartered in Liberty Missouri, runs 593 outlets serving residential industrial and agricultural customers. The deal aims to combine Ferrellgas winter sales with Blue Rhino summer and fall grilling demand. Westar Energy Inc plans a 0.19 per share first quarter dividend payable April 1 to holders on March 9.
MENTIONED IN THIS ARTICLE
Ferrellgas Partners LP
Blue Rhino Corp
Blue Rhino
Winston-Salem
N.C
Liberty
Ferrellgas
Westar Energy Inc
Secretary testifies on plum pudding note in Stewart trial
Martha Stewart’s secretary Ann Armstrong testified about relaying messages on December 27 2001 including a broker warning that ImClone stock would drop. Armstrong broke down as she described thanking Stewart for plum pudding and relaying broker Peter Bacanovic’s claim, while Stewart sold 3928 ImClone shares later that day.
MENTIONED IN THIS ARTICLE
New York
Martha Stewart
ImClone Systems
Stewart
Ann Armstrong
Armstrong
Mexico
Peter Bacanovic
ImClone
Bacanovic
Sam Waksal
Kantronics bets on Talon data controller revival
Lawrence based Kantronics Inc moves to revive its business with the Talon Universal Data Controller a fleet tracking device for vehicles. It records speed direction door status and engine heat then transmits data wirelessly to a computer. The system targets school districts public transit and delivery fleets and could boost sales from current levels toward earlier highs. Lawrence officials test the device on paratransit buses and may expand to fixed routes with public Web tracking for customers.
MENTIONED IN THIS ARTICLE
Seiwald
Kantronics Talon
Kantronics
Detroit
Lawrence Transit
Lawrence
Karin Rexroad
Rexroad
Talon
PeopleSoft rejects rival's takeover bid
San Francisco AP report says PeopleSoft Inc. rejected Oracle Corp.'s 26 per share all cash bid worth 9.4 billion. Eight months of hostile moves continue as Oracle calls the bid full and generous. Shares fell as analysts question management's motives amid a personal feud between Oracle's Larry Ellison and PeopleSoft's Craig Conway.
MENTIONED IN THIS ARTICLE
SAN Franccisco
PeopleSoft Inc
Oracle Corp
Pleasanton
Calif
Oracle
Larry Ellison
PeopleSoft
Craig Conway
Redwood Shores
Ken Marlin
New York
PeopleSoft Management
Paul Crisci
Broadview International
Crisci
Grain and livestock futures rise on Chicago board and local prices
Chicago Board of Trade futures for wheat corn oats and soybeans advance with March contracts at 3.82 1/4, 2.84 1/4, 1.51 1/4 and 8.47 1/2 respectively while live cattle and feeder cattle rise on the Mercantile Exchange and hogs end higher. Local elevator quotes show mixed grain prices including wheat around 3.58 and soybeans near 8.18 to 8.23 with milo and corn also listed. Nonferrous metals mark spot prices with gold around 406.80 and silver near 6425 troy oz.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Nonferrous Metals
New York
N.Y
Also Mentioned on This Page
Retail KU
Wall Street
Star Witness
Merrill Lynch & Co
Douglas Faneuil
Faneuil
Waksal
By Chad Lawhorn
Kantronics Inc
Cheryl Seiwald
Chad Lawhorn
Richard Gwin
Journal-World Photo
Sandra Edwards
Edwards
E. 23Rd St
Lawrence North
Lawrence South
Pauline
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!