Oil prices slip as supplies rise and financial news unfold
Oil futures drop after the Energy Department reports crude inventories rising to 339.9 million barrels, 10 percent above year-ago levels. American Italian Pasta Co. secures a five-year, 295 million loan amid ongoing accounting investigations. New York sues H and R Block for 250 million over a retirement account plan, Spitzer leads the case as Block fights to defend client options.
MENTIONED IN THIS ARTICLE
U.S
New York Mercantile Exchange
Energy Department
American Italian Pasta Co
New York State
H&r Block Inc
H&r Block
Eliot Spitzer
Fed notes economy gains strength into spring
The Federal Reserve said the economy continued to expand into early March with solid momentum supporting more employment opportunities and steady factory activity. Meanwhile housing markets showed cooling after a red-hot five-year run of record sales.
MENTIONED IN THIS ARTICLE
Federal Reserve
Fed
Contact details for Mark Fagan business editor
The contact entry lists Mark Fagan as the business editor with phone 832-7188 and email mfagan liworld.com. It provides no additional context or article content.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Liworld
PPE Projected price earnings ratio explained
PPE is derived by dividing closing price by a company's projected earnings per share for the coming 12 months. Earnings estimates come from I B E S. If PPE is below PE, analysts expect higher earnings next year. if PPE is above, they predict earnings to fall.
Open space funding still pending for 2007 start
Lawrence city and Douglas County commissioners weigh funding for industrial parks and open space with input from advisory boards. They consider property or sales taxes or alternatives like a mortgage registration tax. A $20 million 10 year commitment is suggested, with decisions due by mid summer and a potential public vote in November if a sales tax is chosen.
MENTIONED IN THIS ARTICLE
Lawrence City
Douglas County
County Commission
Bob Johnson
Lawrence
Mike Amyx
Economic Development and
Economic Development Board
David Corliss
Craig Weinaug
Weinang
PlayStation 3 launch delayed to November
Sony pauses the PlayStation 3 debut from spring to November to finish Blu-ray protection tech and standards. Ken Kutaragi apologized at a Tokyo briefing, noting delays affect Sony profits and the broader video game sector as U.S. sales fell 5 percent to $7 billion in 2005 per NPD Group.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Sony Corp
Ken Kutaragi
Sony
Kutaragi
Tokyo
United States
NPD Group
Tax tips on student loan interest and the AMT
A Baltimore IRS official explains that a dependent student cannot claim the student loan interest deduction and the lifetime cap is 2500 dollars per return. The AMT affects many taxpayers with itemized deductions and may require using the IRS AMT Assistant at irs.gov.
MENTIONED IN THIS ARTICLE
Dupree
AMT
IRS
Irs.gov
Commodities mixed as futures dip on Chicago boards
Chicago Board of Trade futures fell for wheat corn oats and soybeans on Wednesday with May deliveries at 3.62 a bushel 2.29 1/4 and 1.78 respectively and May soybeans at 5.841/4. Beef and pork futures closed mixed on the CME with April live cattle at 83 per hundredweight and May pork bellies around 85.40 cents. Local grain bids from Ottawa Edwards and other elevators showed varied quotes for wheat corn and soybeans, with most soybeans at 5.39 a bushel and wheat at 4.06 at Lawrence South and Overbrook elevations. Nonferrous metals quotes included gold 553.10 per troy oz and silver 10.287 per troy oz.
MENTIONED IN THIS ARTICLE
TKR
Cho At&t Inc
AmSouth
ASO
Boeing
BrMySq
Brooke
CSCO
DelMate
Dontley
Exxon
XOM
Fordm
Gannett
Garmin
GRMN
Genentch
GenElec
Goodyear
GtPlalnEn
HCA Inc
HCA
Harleyd
Heinz
HNZ
Hercules
Intel
Lucent
Maceric
MAC
Microsoft FT
Oreillya S
ORLY
PaulShoe
Mney
PepsiCo
Target Tapestry
VerizonCm
WellsFroo
WFC
XcelEngy
XEL
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
Also Mentioned on This Page
Kansas City, MO
Jim Fogarty
Ljworld.com
By Mike Beit
Mbelt
Ijworld
Mike Belt
Associated Press
Paul Sakuma
AP Photo
Microsoft Corp
Microsoft
Molly O'Donnell
James Dupree
Baltimore
Michelle Singletary Singletarym
Washpost.com
Lawrence South
Pauline
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