1995 profits outlook tied to Fed rate moves
1994 proved strong for earnings with IBES and Zacks forecasting solid fourth quarter gains and 1995 growth around 12 to 14 percent as the Fed considers further rate hikes. Analysts caution higher rates may temper consumer spending and profits, despite robust auto and materials sectors and a continued economic expansion.
MENTIONED IN THIS ARTICLE
Federal Reserve
Fed
Edward Keon
Ibes International
Ibes and
Zacks Investment Research
Standard & Poor
Ben Zacks
Chicago
Zacks
Europe
Pacific Rim
Keon
Zacks Investment Service
IBES
Energy upgrades boost output in mail, rivets, insurance, and retail
The Rocky Mountain Institute reports eight case studies showing energy efficient renovations raise productivity by 6 to 16 percent. Postal sorting in Reno, insurance offices in Wisconsin, Boeing aircraft plants, Lockheed engineers, and a Wal Mart in Kansas all saw productivity gains and in some cases large energy cost savings. The study emphasizes daylight, better lighting, and climate control as key drivers of both energy cuts and worker performance.
MENTIONED IN THIS ARTICLE
Washington
Nevada
Kansas
Wal-Mart
Rocky Mountain Institute
William Browning
Reno
Nev
U.S. Postal Service
West Bend Mutual Insurance Co
West Bend
Wis
Boeing Co
Lockheed Corp
Defense
Lawrence
Kan
The
Stocks of local interest Watch for market wrapup
Local readers are advised to look to Saturday’s Journal-World for the complete market wrapup covering stocks of local interest. The page will include intraday movements, price shifts, and notable changes among regional holdings.
MENTIONED IN THIS ARTICLE
Journal-World
Midland Elevators Wheat and Livestock Prices Tumble and Rise
Morning market report shows Midland Elevator quotes Wheat 3.91, corn 2.21, milo 3.69, soybeans 5.27. Omaha Livestock Market lists hogs steady to 50 lower with various weight classes, cattle and calves up 1 to 3, lambs down, and slaughter figures mixed. Also notes Kansas City feedlots slow trade and May New York metal prices with gold and silver around historic levels.
MENTIONED IN THIS ARTICLE
Midland
Omaha
Nebgap
USDA
U.S
Gas prices expected to rise after holiday dip
Retail gas prices are projected to climb again after a holiday decline. The Lundberg Survey of about 10,000 stations put the national average at 119.56 cents per gallon including taxes on Friday, down 0.4 cents from December 16 as new cleaner burning gasoline enters the market raising costs in some regions.
MENTIONED IN THIS ARTICLE
Lundberg
Ralston Purina to Sell Continental Baking for 568 Million
Ralston Purina Co. agrees to sell Continental Baking Co., maker of Hostess Twinkies and Wonderbread, to Interstate Bakeries Corp. in a stock and cash deal valued at about 568 million dollars. Interstate will pay 330 million in cash plus about 17 million shares. The deal could close this summer, the firms said.
MENTIONED IN THIS ARTICLE
Ralston Purina Co
Continental Baking Co
Interstate Bakeries Corp
Interstate
Mexico draws on bailout plan as peso strengthens
Mexico begins drawing on a North American bailout package with $500 million from U.S. authorities and $83 million in Canadian funds. The Federal Reserve intervened by buying pesos and selling dollars, lifting the peso to 5.2 per dollar after a sharp drop. Reserves fell to $5.546 billion from $6.148 billion, mostly to cover short-term debt. The Banco de Mexico said it will announce international reserves regularly going forward.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
United States
Canada
Banco de Mexico
Federal Reserve
U.S
Bank of Canada
U.S. Federal Reserve
Lawrence woman wins 1994 Outstanding Career Woman award
Janis C. Bunker, senior vice president and trust officer at The Trust Company of Kansas since 1991, receives the Lawrence Women's Network 1994 Outstanding Career Woman award for career achievement and community service. She has long involvement with Douglas County Senior Services, Leadership Lawrence alumna, and led the Lawrence Security Committee.
MENTIONED IN THIS ARTICLE
Janis C. Bunker
Lawrence Women’s Network
Bunker
The
Trust Company of Kansas
Douglas County
Lawrence Security Committee
Lawrence
Chamber of Commerce Agriculture Committee
American Heart Assn
March of Dimes Walkathon
Also Mentioned on This Page
Bieeze
DIAL
NPC Intatl Sereeone S
AlliedSig
Applebee's
Office Depot
Block
O'Reilly Auto Teens
Buckle Inc
Camco Intatl
JC Penney 'S
Casey
Pepsico
CommBanes
Quaker
Dayton-Hud
Railroad Fin
Fleming Sallie Mae
FMC
Santa Fe
Sealright
Goodyear
Searsenna Neces
Hercules
Sthwest Bell
Kmart
Unc
Staadrd Reg
Kroger
Trinova
LabOne
Lone Star Sticks
UtiliCorp
Western Res
Mercantile
Williams Seecere
Merck
Edward D. Jones & Co
Omaha Livestock
St. Joseph Livestock
St. Josep
Dodge City Livestock
New York
London
Handy & Harman
Comex
N.Y
Commerce Bank
Kansas City
N.A
France
Germany
Great Britain
Italy
Japan
Switzerland
By Lundberg
Lundberg Survey
Federal Reserve Bank of New York
U.S. Central Bank
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