Vivendi to buy Seagram in 30 billion merger
Vivendi will pay 30 billion dollars to acquire Seagram Co owner of Universal movie and music studios forming Vivendi Universal a Paris based media conglomerate. Seagram's liquor business will be sold off as the Bronfman family era ends. Trade data show April deficit at 30.4 billion with imports down for a first drop in 15 months. Kroger reports first quarter earnings up 20 percent with strong private label sales. Petroglyph Energy to sell 2.7 million shares to III Exploration for 7.7 million dollars as Intermountain expands its energy holdings.
MENTIONED IN THIS ARTICLE
Vivendi
Seagram Co
Universal Movie and Music Studios
Vivendi Universal
AOL
Time Warner
Viacom
Seagram
Distiller
Media Player
Bronfman
America
Japan
E Commerce Department
Ne Kroger Co
First Call
Thomson Financial
Kroger
New York Stock Exchange
Dillon Stores
Lawrence
Petroglyph Energy Inc
III Exploration Co
Intermountain Industries Inc
III Exploration
Petroglyph
Hutchinson-based
Utah
Colorado
Intermountain
Idaho
Northwest
Rocky Mountain
Microsoft case sent to high court
A federal judge ruled the government’s appeal should go directly to the Supreme Court. The ruling delays all sanctions against Microsoft but sends the case to the high court and sets Aug 14 as a deadline for further appeals.
MENTIONED IN THIS ARTICLE
Microsoft
Washington (Or
Supreme Court
U.S
Thomas Penfield Jackson
Jackson
Appeals Court
Justice Department
Administration of Justice
Hy Vee Grand Opening Hindered by Closed Main Drive
Shoppers flocked to Hy Vee’s new 65 000 square foot store at 4000 W Sixth with over 3000 entering in the first hours. The main driveway remained shut due to safety concerns until Hy Vee completes turn lanes and deceleration lanes on Sixth Street. City engineers and KDOT officials estimate a $400000 roadwork plan to widen Sixth Street, with completion targeted for September after a July 4 start.
MENTIONED IN THIS ARTICLE
Menissa Lacey
Journal-Waal
Hy-Vee
Sixth
Kansas Department of Transportation
KDOT
Debbie van Laun
Sixth Street
Monterey Way
Terese Gorman
Gorman
W. Sixth
Shawn Brown
Eldridge Street
Brown
Nasdaq Returns To 4000 Ahead Of Earnings Surge
Nasdaq closes above 4000 for first time in over two months as investors rotate into tech names seen delivering strong earnings growth amid a slowing economy. The index rises 23.53 to 4013.36 while Dow and S P 500 slip. Intel and PMC-Sierra lead gains with notable price moves, Yahoo climbs.
MENTIONED IN THIS ARTICLE
New York
William Meehan
Cantor Fitzgerald
Standard & Poor
Intel
Pmc-Sierra
Yahoo
State jobless rate remains steady in May Kansas
Kansas unemployment held at 3.2 percent in May unchanged from April as the Department of Human Resources noted minimal shifts in employment and job search totals. Douglas County rose to 3.4 percent from 3.3, while manufacturing saw a small loss and government and trade sectors added jobs statewide.
MENTIONED IN THIS ARTICLE
Toreka
Kansas
Department of Human Resources
Douglas County
William Layes
Layes
May
Department
Lawrence
Bureau
Unemployment Rates in Kansas Metro Areas May Data
May unemployment figures show Lawrence Douglas County at 3.4 percent, Wichita area 3.7 percent, Kansas City metro at 3.1 percent, and Topeka at 3.0 percent. All areas trend higher versus May 1999, with varying changes from April.
MENTIONED IN THIS ARTICLE
Kansas
Lawrence
Douglas County
Wichita Area
Butler
Harvey
Sedgwick
Kansas City Area
Johnson, Leavenworth
Miami
Wyandotte
Topeka Area
Shawnee County
Local market and commodity quotes drift through Tuesday
Farming prices show wheat at 4.83 to 4.85 per bushel and soybeans around 4.85, milo near 1.52, corn about 1.72, with USDA loan payments ranging from 13 to 46 cents per bushel or unit. Hog receipts near 300 head, with barrows higher by 1.50 and lean percentages around 46 to 50, plus sow and boar ranges. Nonferrous metal quotes in New York place zinc near 56.6 to 57.1 cents per pound, gold at 286.20 per ounce, and silver around 5.045 per ounce.
MENTIONED IN THIS ARTICLE
Fanners Cooperative Assn
South
Milo
Midland
North
USDA
New York
Handy & Harman
Also Mentioned on This Page
Dow Industrials
S&p
Treasury
Chicago Board of Thade
Chicago Board of Trace
Kansas City Boardal Trade
Ils Exploration
Petroglyph Energy
New Hy-Vee
Mark Fagan
Mfagan
Ijworld.com
SEXY
St. Joseph Livestock
St. Josefn, Mo
Jean
Norman John
Stephens Jo
Chris Chapin
Joel Sauders
Martha Plarson
W. 6Th Street
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