Fund Watch: When to Sell Poor Performers in Mutual Funds
Amid 1994 volatility advisers urge periodic pruning of lagging funds. Investors should balance cutting losses with costs and taxes, switching to similar funds to realize tax benefits, while avoiding wash sales and emotional buying.
MENTIONED IN THIS ARTICLE
Jay Schubacker
Mutual Fund Investing
Rockville
Schubacker
Daniel Weiner
Vanguard Investors
Weiner
Arthur Zeikel
Merrill Lynch Asset Management Inc
Local Stock Notes Hint at Market Wrapup in Journal-World
The notice previews a forthcoming market wrapup in Saturday’s Journal-World, highlighting stocks of local interest and inviting readers to check the publication for full quotes and analysis.
MENTIONED IN THIS ARTICLE
Journal-World
Market roundup including hogs cattle and grains prices
Midland Elevator quotes wheat 3.21 corn 2.26 milo 3.59 soybeans 6.07. Omaha market shows hogs 1300 head steady to 25 higher with prices around 43.00 43.50 for 135 220 260 lb, sows weaker, various weights 29.00 30.50. Doane Kansas feedlot sales report 4600 cattle and 200 slaughter steers and 2400 heifers. steers 61.00 62.00, heifers 61.00 62.00, some dressed around 98.00.
MENTIONED IN THIS ARTICLE
Midland
Omana, Nes
Usda
Omaha
U.S
St. Joseph
Dopee Crry
Kansas
Food Barn liquidation plan approved in federal court
In Kansas City Missouri the Food Barn Stores liquidation plan was confirmed in federal bankruptcy court. Creditors voting supported the plan by 88 percent with unsecured creditors expected to receive 22.5 to 24.5 cents on the dollar. Payments begin in September and the judge noted the unusual larger payout to unsecured creditors. Food Barn closed after labor negotiations failed. about 40 stores closed and 2,500 workers laid off. A Lawrence store operated at 23rd and Iowa until October 1993.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Food Barn Stores Inc
Larry Frazen
Food Barn
William Peers
U.S
Frank W. Roger
Lawence
Kan
23Rd
Iowa
Unemployment steady as job gains surge in June
The U S unemployment rate held at 6 percent in June while nonfarm payrolls rose by 379000, led by service sector hiring and a 34000 increase in factory workers. Analysts caution timing distortions and potential inflation risks despite strong overall growth.
MENTIONED IN THIS ARTICLE
Washington
Main Street America
Wall Street
Labor Department
Unem
Katharine G. Abraham
Bureau of Labor Statistics
Tourism Marketing Grants Aid Out of County Visitors
Lawrence CVB advisory board approves a Tourism Marketing Grant Program with a $2,500 pool. Grants of $200 to $750 require dollar for dollar matching. Apply via CVB director Judy Billings at 865-4494. Also: SEC probes ex Fed official Angell and Donald Trump joins buyers of the Empire State Building in a 50 percent stake. FTC approves $4 billion Columbia-HCA merger with a required South Carolina center divestment.
MENTIONED IN THIS ARTICLE
Lawrence Convention and Visitors Bureau
CVB
Judy Billings
Federal Reserve
Securities and Exchange Commission
Wayne D. Angell
Fed
Henry B. Gonzalez
Dtexas
SEC
Angell
Bear, Stearns & Co
Ottawa University
Board of Governors
Wall Street
Empire State Building
New York
Donald Trump
Plaza Hotel
Trump Tower
Atlantic City
Trump
Midtown Manhattan
Federal Trade Commission
Columbia-Hca Healthcare Corp
South Carolina
Columbia-Hca
Mt. Oread Medical Arts Centre
Clinton Parkway
Kasold Avenue
Amex and NYSE Update Highlight Local Inte Stocks
Quick market update shows Amex and NYSE movements with focus on local intermediate stocks. OTC activity noted alongside broad market shifts. Investors watch small cap names and regional listings for potential momentum.
MENTIONED IN THIS ARTICLE
AMEX
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