GM says talks not as fast as desired
Top bargainers for General Motors and the United Auto Workers voiced disappointment over progress in talks to end two crippling parts plants strikes. GM says any Flint settlement should also address strike threats at three other GM facilities in Dayton Ohio Indianapolis and Flint. Shoemaker warned negotiations in Tint have slowed to a near standstill with the Flint Metal Center and Delphi East plants nearly shutdown.
MENTIONED IN THIS ARTICLE
General Motors Corp
United Auto Workers
GM North American
Gerald Knechtel
Flint
Dayton
Ohio
Stampin
Indianapolis
UAW
Richard Shoemaker
Tint
Flint Metal Center
Delphi East
Shoemaker
Boeing lifts base jet prices 5 percent amid strong demand
Boeing Co raises published base prices on nearly all commercial jets by 5 percent. It is the first base price increase in 23 years excluding inflation. Analysts say backlog and demand justify a stronger negotiating position, though the jump won’t affect Boeing’s short term profits. Boeing employs 22,000 people in Wichita.
MENTIONED IN THIS ARTICLE
Boeing Co
Janice Hayes
Boeing
Wichita
Scotts to Buy Two European Garden Firms
The Scotts Co. agreed to buy Rhone-Poulenc Jardin, Europe’s largest consumer lawn and garden firm, and Dutch private ASEF for about 220 million dollars. Based in Marysville, Ohio, Scotts will fund the deals with debt and expects immediate earnings accretion. financial terms of each acquisition were not disclosed.
MENTIONED IN THIS ARTICLE
Scotts Co
Scotts
Marysville
Ohio
Rhone- Poulenc Jardin
Continental Europe
ASEF
Lawrence speaker maker readies Statement system
Lawrence based Martin Logan Ltd founder Gayle Sanders leads a push to bring the Statement and high end audio to homes. The company employs about 60 people in 35 000 square feet, produces 4000 speaker systems annually, and posts nearly 10 million dollars in sales. The Aerius remains best selling at about 2000 dollars per pair as the firm expands into five channel and integrated digital media.
MENTIONED IN THIS ARTICLE
Chard Gwin
Jol
David Allen
Warren Stevens
Martin-Logan Ltd
Cedar Creek
Gayle Sanders
Sanders
Lawrence
Martin-Logan
Academy For Advancement of
Price index steady despite drug costs
The June Producer Price Index fell 0.1 percent as energy prices offset other increases. Prescription drugs led wholesale gains at 3.2 percent, the second largest monthly rise after a 10.7 percent jump in May, with generic tranquilizers like lorazepam driving costs.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Jerzy Jasinowski
National Association of Manufacturers
Mylan Laboratories Inc
Pittsburgh
Hemant K. Shah
University National Bank hires Dreiling from Commerce Bank
Edie Dreiling, longtime Commerce Bank official in Lawrence, becomes senior vice president of consumer lending at University National Bank. She returns to a locally owned bank setting as Commerce faces leadership exits including president Jerry Samp. Todd Sutherland says the hire strengthens growth plans for the Lawrence lender.
MENTIONED IN THIS ARTICLE
Edie Dreiling
Commerce Bank
Lawrence
University National Bank
Commerce
University State Bank
Bank of Kansas
University National
Kasold Drive
Dreiling
Jerry Samp
Samp
Todd Sutherland
Dresling
Commodities and livestock notes from Midwest markets
Farmer’s Coop elevators report corn at 2.01, soybeans 6.03, wheat 2.64, milo 3.32. Midland elevator lists wheat 2.70, soybeans 6.10, milo 3.38, corn 2.06. USDA loan prices show 2.65 loan, 2.67 loan deficiency. Friday cattle sales total 80,600 head with 42,900 contracted. steers 1,150-1,350 lb at 61, heifers 1,075-1,250 lb at 61. hogs US 1-3 230-270 lb 34-35. Omaha hog quotes mixed. metals prices listed for aluminum 57.4c/lb, copper 71.40c/lb, gold 290.80/oz, silver 5.269/oz. Readers urged to call 785 832-7194 with input.
MENTIONED IN THIS ARTICLE
Farmer's Cooperative Assn
South
Milo
Midland
Cor
North
USDA
Kansas
Journal-World
Oman, Neb
Omaha
West
New York
London
Grain futures fall on crop reports
Grain and soy futures dropped at the Chicago Board of Trade after government crop forecasts pointed to bumper harvests. Corn yields estimated at 129.6 bushels per acre with 9.625 billion bushels produced. soybeans 39.5 bushels per acre and 2.83 billion bushels. Wheat yields expected to set records amid weak exports from Asian crisis. Kansas Oklahoma and Texas led the harvest outlook totaling 1.9 billion bushels.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Kansas
Oklahoma
Texas
U.S
Also Mentioned on This Page
Dow
S&p
Treasury
Pyee Et
Lawrences
Uuy Pere
Tan Wane
Agma Yeaus
Beteneenavee Fey
Lavyin
E. Fichth
Wegen
Mark Fagan
Miagan
University National Bank Taps
Richard Brack
Jworld.com
Drelling
Dodge City Livestock
St. Joseph Livestock
St. Josefu
Omaha Livestock
N.Y
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