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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

Mar 05, 2004

Page

16

Stewart jurors finish day without verdict

Jurors in the Martha Stewart stock trial completed a second day of deliberations on thursday weighing whether there was enough evidence to convict her of perjury. Co-defendant Peter Bacanovic and Stewart are accused of lying about the 2001 ImClone stock sale. The panel asked the judge about evidence standards to convict on perjury, querying if one witness plus a document from that witness could suffice. The judge, Miriam Goldman Cedarbaum, indicated that could be enough.

Martha Stewart Peter Bacanovic ImClone Systems U.S Miriam Goldman Cedarbaum

Farmland sells Coffeyville refinery and fertilizer plant

Kansas City based Farmland Industries Inc has completed the sale of its Coffeyville refinery and fertilizer complex. Coffeyville Resources an affiliate of Pegasus Capital Advisors paid about 22 million in cash 85 million in working capital and 174 million in assumed liabilities. Farmland filed for Chapter 11 on May 31 2002 and expects unsecured creditors to receive 60 to 82 cents on the dollar. It still owns a vacant Lawrence fertilizer plant to sell.

Kansas City Farmland Industries Inc Coffeyville North America Coffeyville Resources Pegasus Capital Advisors Greenwich, Conn Farmland Lawrence

Mortgage Rates Hold Steady Amid Mixed Week

Freddie Mac reports mortgage rates mostly steady with 30-year fixed at 5.59 percent up from 5.58 percent last week and 15-year fixed refinancing loans easing to 4.88 percent from 4.89 percent.

Freddie Mac

Del Monte profits rise in first quarter

Del Monte Foods Co reports a first quarter profit of 25 cents per share, up from 13 cents a year earlier. The firm runs a dog food plant in Lawrence, while Sauer-Danfoss, with a plant in East Hills Business Park, also declares a quarterly 7 cent dividend.

del Monte Foods Co Lawrence Sauer-Danfoss East Hills

Westar Energy swings to profit in 2003 in Kansas

Westar Energy Inc reports 2003 profit of 84 million dollars or 1.16 per share reversing a 793.4 million dollar loss in 2002. The company targets 1.50 to 1.60 dollars per share for 2004 and plans to raise dividends as debt is reduced.

Topeka Westar Energy Inc Westar Kansas Electric Jim Haines

Toy makers spin stories to hook kids on Barbie web lore

New York reports that Mattel and Hasbro are creating ongoing narratives around Barbie and friends to capture the 7 to 12 age group, urging online site visits and doll purchases. The strategy centers on buzz with web features and a new magazine, while critics warn about appropriateness for under12s.

New York Barbie Mattel Inc Ken Hasbro Inc Secret Central Secretcentral Rhonda Dean Valerie Jurries Hasbro Chris Bryne Stephanie Oppenheim Oppenheim Toy Portfolio Oppenheim Lisa McLeod Atlanta Alex Secretcentral.com

Retailers see February sales surge as confidence grows

Consumer optimism boosted February retail results with clothing and department stores posting solid gains. Wal Mart led with 6.2 percent same store sales growth and 14 percent total sales. Target, J C Penney, Gap and Talbots reported stronger gains while Payless ShoeSource fell in February. Strong fashion demand and warmer weather underpinned the momentum.

New York Todd D. Slater Lazard Freres & Co Wal-Mart Stores Inc Thomson First Call Wal-Mart Target Corp J.C. Penney Co. Inc Wall Street Sears, Roebuck and Co Gap Inc Banana Republic Talbots Inc Payless

Commodity futures mixed as grains slip and metals hold

Soybean futures fell on the Chicago Board of Trade while grains ended mixed with wheat up and corn and oats down. Usual commodity quotes show live cattle and hogs mixed on the Chicago Mercantile Exchange, with pork bellies down and lean hogs easing. Spot nonferrous metals in New York posted prices for gold, silver, and platinum.

Chicago Board of Trade Chicago Mercantile Exchange New York N.Y

Also Mentioned on This Page

Stewart Bacanovic Westar Energy Protection One Haines Jim Zakoura Toy Makers Justine Caputo Kristen Blackburn Blackburn Rhonda Rodriguez Nation Ottawa Cooperative Assn Ottawa Milo Edgerton Overbrook Midland Lawrence North Lawrence South Pauline Wakarusa Harper Nieder Rd
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