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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jun 22, 2004

Page

3

Lawyer for Kenneth Lay denies Enron indictment rumors

Michael Ramsey, Kenneth Lay's attorney, says his client will never be indicted in the Enron collapse. He notes he asked prosecutors for an update after weekend reports claimed an imminent indictment and hopes to meet with officials soon. Justice officials did not comment.

Enron Corp Kenneth Lay Ken Lay Michael Ramsey Ramsey Justice Department

Wachovia to buy SouthTrust for 14B to create Southeast giant

Wachovia Corp will acquire SouthTrust Corp in a 14.3 billion deal to form the largest bank in the Southeast with about 464 billion dollars in assets and 76 billion dollars market value. The merger would end the SouthTrust name, add 130 to 150 branches, and close in Q4.

Wachovia Corp SouthTrust Corp Southeast Wachovia Texas SouthTrust Houston San Antonio Thompson

Mutual Fund Firm Settles Market Timing Allegations

Pilgrim Baxter & Associates agreed to return 40 million to investors and pay 50 million in penalties after improper trading allegations. Regulators say the mutual fund firm allowed certain clients to market time despite policies against it, constituting fraud by enabling short-term traders while discouraging the practice.

Pilgrim Baxter & Associates

Gasoline prices fall for fourth straight week

The average retail price for regular unleaded dropped to 1.937 dollars per gallon, down 4.8 cents in the week. Midwest declines led the slide while West Coast prices remained highest at 2.20 dollars per gallon. AAA cites Lawrence at 1.86, gaining from last month but above a year ago.

Energy Department Energy Information Administration Midwest West Coast AAA Lawrence

Golf group keeps report on Lawrence move secret

The Golf Course Superintendents Association of America has withheld a study on relocating its Lawrence headquarters since 2002. CEO Steve Mona said the board received the report from a 1-member group and will not release conclusions until after a July or August meeting, with a two-thirds membership vote required for any move at the 2006 annual meeting.

Golf Course Superintendents Association of America Lawrence Steve Mona Association Mona

Borders revives urban core with new stores in three cities

Borders Group Inc opens urban stores in Chicago San Francisco and Detroit aiming to spark redevelopment. Detroit site on Compuware ground floor amid shuttered shops. executives note urban outlets boost profits though sales figures are not disclosed. Clips from developers and customers highlight downtown bookstore buzz.

Detroit Borders Group Inc Chicago San Francisco Compuware Corp New World Borders Ann Arbor Alex Lelli Lelli Hard Rock Compuware Roslyn Smith Paul Czarnick Stephen Roulac

Kansas KCC Commissioner John Wine likely not reappointed

Kansas Corporation Commissioner John Wine said he probably won't be reappointed to the Kansas Corporation Commission. His term ended March 15 and Gov. Kathleen Sebelius has yet to name a replacement, with several candidates mentioned such as Glenda Cafer Donald Schnacke and Kerry Patrick.

Topeka Kansas Corporation John Wine Wine Kansas Kathleen Sebelius KCC Senate Sebelius Nicole Corcoran Corcoran Glenda Cafer Donald Schnacke Kerry Patrick Cafer SBC Communications Schnacke Kansas Independent Oil and Gas Assny Patrick Johnson County Carl Holmes Liberal

Daily grain and metal markets update from Ottawa area desks

Local elevators report wheat at 3.54, corn 2.50, milo 2.35, soybeans 8.83 or 8.88 depending on depot. CBOT soybeans rise to 8.88 and wheat at 3.54 1/4. July corn flat at 2.74 1/2, oats up to 1.43 1/4. CME metals show aluminum 78.1 cents, zinc 48.79, gold 394.00, silver 5858, platinum 815.00 per unit.

Ottawa Cooperative Assn Ottawa Milo Edgerton Overbrook Midland Elevator Lawrence North Lawrence South Chicago Board of Trade New York London

Also Mentioned on This Page

Enron Mutual Fluinds Firm Mum On Borders Chain By Scott Rothschild Srothschild Ljworld.com Ras Wioald Pauline Chicago Mercantile Exchange
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