Chrysler doubles profits to 1.003 billion in Q2
Chrysler Corp. reports second quarter earnings of 1.003 billion dollars, up from 483 million a year earlier, driven by strong truck sales and aggressive cost cutting. Diluted earnings per share reach 1.51, beating Wall Street projections. Stock ends the day unchanged at 56.18 on the NYSE. NationsBank also reports a 23 percent rise in operating earnings to 1.13 billion, aided by loan growth and investment banking, as it pursues a 60 billion merger with BankAmerica and maintains operations in Lawrence.
MENTIONED IN THIS ARTICLE
Chrysler Corp
Wall Street
Chrysler
New York Stock Exchange
NationsBank Corp
NationsBank
U.S
BankAmerica Corp
Lawrence
Gannett reports record second quarter profits and revenue
Gannett Co. Inc. reports a 14 percent rise in net profit for the second quarter to 222.8 million, a quarterly record. Earnings per diluted share reach 78 cents, up 15 percent, while revenues climb 10 percent to 1.30 billion, with the newspaper group operating income up 9.1 percent to 287.6 million. USA Today is printed in Lawrence.
MENTIONED IN THIS ARTICLE
Gannett Co. Inc
Gannett
U.S
USA Today
Lawrence
Japanese PM resignation spooks markets as Nasdaq hits record
Blue chip stocks slid as investors weighed the resignation of Japanese Prime Minister Ryutaro Hashimoto and its possible impact on reforms and the economy. The Dow closed down 9.53 at 9096.21 while the Nasdaq Composite finished another record close on growth hopes for tech earnings.
MENTIONED IN THIS ARTICLE
Wall Street
Ryutaro Hashimoto
Warning on unchecked retail growth risks urban blight in Lawrence
Lawrence retail development risks outpacing infrastructure and harming older shopping areas. KU urban planning expert Kirk McClure warns officials have approved too many stores and strip malls, diverting spending westward from 23rd Street and downtown, risking vacancies and deteriorating storefronts. projections revised as spending concentrates near Kasold and Wakarusa. Brack expresses skepticism that city leaders will curb growth.
MENTIONED IN THIS ARTICLE
Lawrence
Kirk McClure
23Rd Street
Kansas University
McClure
Kasold Drive
Wakarusa Drive
Sixth
Wakarusa
23Rd
Louisiana
Prapat
Tyr
Iowa Street
West 23Rd Street
JousnsteWorlp Fite Proto
Kohl's Department
Wal-Mart
34Th Street
Kmart
Kohl
34Th
Iowa
Intel Defends Antitrust Case With Assertive Licensing Rationale
Intel Corp rejects FTC claims of abusing market power in a reply describing its actions as reasonable steps to protect its business. The company argues it may refuse to license or share intellectual property and says the suit centers on disputes with Digital Equipment Corp Intergraph Corp and Compaq Computer Corp rather than broader antitrust harm.
MENTIONED IN THIS ARTICLE
Washington
Intel Corp
Federal Trade Commission
Intel
FTC
FIC
Digital Equipment Corp
Intergraph Corp
Compaq Computer Corp
Rains slow Kansas wheat harvest end and crop ratings
Western Kansas rainfall delayed final harvest in several districts while statewide wheat harvest reaches 98 percent complete. Yields range 50 to 80 bushels per acre. Other crops show varied conditions with corn 13 percent excellent and soybeans 19 percent excellent. alfalfa largely cut and pastures improving but still short of moisture.
MENTIONED IN THIS ARTICLE
Kansas
Kansas Agricultural
South Central
East Central
AT&T TCI merger faces stockholder worries over tracking stock
Tele-Communications Inc and AT&T struggle to finalize details of their $31.7 billion merger as AT&T stock falls amid investor fears. The deal hinges on a new class of tracking stock tied to each division, potentially shielding AT&T's core business from TCI’s cable investments. Both sides seek approval by early next year and outline billions in spending for upgrading networks and households.
MENTIONED IN THIS ARTICLE
New York
Tele-Communications Inc
At&t Corp
TCI
John Malone
At&t
Struc
New York Stock Exchange
U.S
Market and Livestock Prices Across Regions
As of Monday close, farmers report elevator wheat at 2.66 to 2.72, soybeans around 6.07 to 6.14, milo 3.39 to 3.45, corn 2.05 to 2.10, with loan definitions at 2.61 and 2.67 and a 6 cent loan deficiency. Slaughter cattle trade shows few sales down slightly. 11,400 head week to date, prices for steers around 59 to 61.50, heifers 55 to 60, cows 30 to 39, bulls 44 to 52, hogs steady to up from Friday. New York metal prices posted modest shifts for aluminum, copper, lead, zinc, tin, and precious metals trading around 5 to 291 dollars per troy ounce.
MENTIONED IN THIS ARTICLE
Farmer's Cooperative Assn
South
Milo
Midland
North
USDA
Vougety (Ap
New York
London
N.Y
Also Mentioned on This Page
Dow Industrials
S&p
Treasury
Nats Rae
Richard Brack
Brack
Ijworld.com
Andrew Grove
THE
Associated Press
At&t-Tci
Dodge City Livestock
St. Joseph Livestock
Commoditie
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!