Lab tenant to move into roval space next week
Hisamitsu Pharmaceutical Co. Ltd plans to move into about 600 square feet of lab space at Oread Laboratories in Lawrence next week after renovation. Iwao Nozawa will oversee the lab and its two employees, with collaboration aims between Hisamitsu and Dread Labs.
MENTIONED IN THIS ARTICLE
Bill Duncan
Oread Laboratories
Western Lawrence
Hisamitsu Pharmaceutical Co. Ltd
Duncan
Dread Labs
Hisamitsu
Tsukuba
Japan
Iwao Nozawa
Nozawa
Lawrence
Oread Labs
Hisamit
Wakarusa Dr
Oread West
Midland Elevator and Stock Market Roundup
Quoted livestock prices show hogs and sows mainly steady to lower across Midland and Omaha markets, with cattle sparse. New York stocks rise as Dow gains 9.63 to 3,300.324, Treasury yields dip, and volume reaches 81.92 million shares at noon amid rate-cut talk and mixed sector moves.
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New York
Wall Street
Treasury
Ings
Supreme Court
Philip Morris
NYSE
RJR Nabisco
American Stock Exchange
Dollar slips across Europe as currencies shift
The dollar dropped against major currencies in Europe trading with gold prices rising. In Tokyo the dollar closed at 126.62 yen, and in London it stood around 125.35 yen. Midday in New York the dollar traded at 125.40 yen, while the pound rose to about $1.89. Gold in London advanced to 343.55 dollars per troy ounce, and silver edged higher to 4.04 dollars per troy ounce.
MENTIONED IN THIS ARTICLE
London
Tokyo
New York
Europe
Home sales dip for second straight month in May
The National Association of Realtors reports existing home sales at a 3.45 million annual rate in May, down 1.7 percent from April. Regional totals vary with declines in the Midwest and South, a flat West, and a Northeast gain, while the median price falls 2.3 percent from April to 100,900. Tuccillo notes high rates delayed purchasing from February and March, with first time buyers often targeting lower priced homes.
MENTIONED IN THIS ARTICLE
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National Association of Realtors
John A. Tucceillo
Association
Federal Home Loan Mortgage Corp
Northeast
Midwest
South
West
Commerce Department
Tuccillo
Detroit
Ford Motor Co
Japan
Ford
United States
Treasury
New jobless claims rise to six week high
Washington reports 422000 first time claims for unemployment benefits for the week ending June 13, up from 405000, highest since May 2. The four week moving average rose to 411000 as claims rose in 16 states while 36 declined. California led increases with 3806 claims, including about 300 tied to Los Angeles riots. Michigan adds 1327 tied to auto layoffs.
MENTIONED IN THIS ARTICLE
Labor Department
Initials
Commerce Department
Washington
California
Michigan
Los Angeles
Labor pact calm at Southwestern Bell amid talks
Southwestern Bell Telephone Co and the Communications Workers union agreed to avoid a strike or lockout during ongoing labor contract negotiations. The accord covers about 39,000 employees in Missouri Texas Oklahoma Kansas and Arkansas and may be rescinded only after the current contract expires at 11 59 p m August 8 with 30 days notice. Officials say the pact protects uninterrupted service during negotiations.
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Lovis Southwestern Bell Telephone Ca
Communications Workers Union
Communications Workers of America
Missouri
Texas
Oklahoma
Kansas
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