Commerce Bancshares reports 16 percent earnings rise
Kansas City based bank holding company Commerce Bancshares Inc said its second quarter ended June 30 net income rose to 37.5 million dollars, 63 cents per diluted share, from 32.33 million dollars, 5 cents per diluted share a year earlier. The firm operates branches in Lawrence.
MENTIONED IN THIS ARTICLE
Commerce Bancshares Inc
Bank
Commerce
Lawrence
Kodak profits rise 35 percent on strong quarter
Eastman Kodak Co reports a 35 percent jump in second quarter profits to 495 million dollars driven by higher earnings per share, despite 8 percent sales decline to 3.54 billion amid stiff Fuji competition and a strong dollar.
MENTIONED IN THIS ARTICLE
Fuji
Japan
Strike to go to arbitrator in UAW GM clash
UAW agrees to private arbitration to decide legality of strikes against General Motors. GM seeks damages and return of 9,200 workers if illegal. Judge Gadola orders progress update as high level talks resume amid $1.2 billion in lost production and plant shutdowns across North America.
MENTIONED IN THIS ARTICLE
Faint
Mich
United Auto Workers
General Motors Corp
Paul V. Gadola
UAW
No. 1
North America
Gm-Uaw
U.S
Mexico
Business inventories shrink as economy slows
The Commerce Department reports May business inventories fell 0.1 percent to 1.07 trillion dollars, the first decline since June 1996. Analysts revise growth forecasts downward as stockpiles shrink signaling cooler U S economic activity.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Golden gun commemorates Douglas County history
A Cheyenne firm issues a limited edition of ten 24 karat gold plated Winchester carbines to honor Lawrence Douglas County history. The Model 94 carbine features engravings of Quantrill raid the first territorial capital Constitution Hall KU Jayhawks and state symbols. Priced at 2500 with presentation case. Reservations at 800 677 4867.
MENTIONED IN THIS ARTICLE
Lawrence
Douglas County
Wyoming
Winchester
Quantrill
Territorial
Constitution Hall
Kansas University
Kansas
Johansen
U.S
Investment Arms
Riley County
Apple posts third straight quarterly profit gain
Apple Computer Inc reports 101 million earnings in the April June quarter, 65 cents a diluted share, on revenue of 1.4 billion. The gain includes 26 million investment income. without it earnings would be 75 million. Growth driven by high end G3 Macs and PowerBook sales, inventory lean. A new low cost PC for home users starts next month.
MENTIONED IN THIS ARTICLE
San Jose
Cari
Apple Computer Inc
Apple
First Call
Steve Job
Kroger Stock Jumps After Strong Profit Report
Kroger Co stock rose about eight percent after reporting second quarter earnings of 126.8 million dollars or 48 cents per share before charges, beating Wall Street estimates of 47 cents. The NYSE close showed the stock at 48 dollars, up 3.50. CEO Joseph Pichler said 1998 full year guidance remains 1.97 per share and target long term growth of 15 to 17 percent for 1999 to 2001.
MENTIONED IN THIS ARTICLE
Kroger Co
New York Stock Exchange
Kroger
Joseph Pichler
Pichler
Kansas University
School of Business
Kroger Reports 1997 Net Income of 411.6 Million Dollars
In 1997 Kroger, the largest U.S. supermarket chain, posted net income of 411.6 million dollars or 1.69 per share before charges. The company runs over 1,350 stores across 24 Midwestern and Southern states, mainly under the Kroger and Diljon brands.
MENTIONED IN THIS ARTICLE
Kroger
Diljon
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