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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Mar 23, 1998

Page

13

KU grad nominated to Kodak board

Delano Lewis, a Kansas University and Washburn School of Law alumnus, was nominated to Eastman Kodak Co. board of directors. He serves as NPR CEO and sits on the boards of BET Holding Colgate-Palmolive and Halliburton, and is Kansas native. Foreign automakers posted double-digit gains, reshaping U.S. showroom demand as Mercedes-Benz Lexus Honda BMW Porsche Audi Toyota.

Delano Lewis Kansas University Washburn School of Law Eastman Kodak Co Lewis National Public Radio Corp BET Holding Inc Colgate-Palmolive Co Halliburton, Inc Kansas Mercedes-Benz Lexus General Motors Honda BMW Porsche Audi Toyota

New tax break for home sales under new law take effect

A new exemption up to 500000 dollars for home sale profits applies to principal residences sold after May 6, with a choice to use old law rules for sales between May 7 and Aug 5 last year. If gains exceed the exemption, some tax is due on 1997 returns unless the old law deferral option is used by buying a replacement home within two years at a comparable cost.

Stocks buoyant as earnings loom over market peak

Analysts trim growth forecasts citing Asian demand weakness and cheap imports. Despite warnings from IBM, Compaq, Intel, Motorola, and others, the Dow Jones index reached new highs with the Dow closing at 8,906.43 up 103.38 on Friday as profit projections fell to about 1.4 percent for Q1 and 9.8 percent for the year.

United States Hill Asia Ed Keon S International Keon Dow Jones Dow AP Proto

Hastings stock move to public to fund expansion plans

Hastings Enter tainment Inc plans an initial public offering on Nasdaq under HAST to raise over 50 million dollars for adding 60 stores in small to medium markets and updating current locations. The plan targets 500 identified markets with 25k to 150k population over three years. Sam Marmaduke founded Hastings in 1968. his son John leads as CEO. Salomon Smith Barney to underwrite with A.G. Edwards & Sons as co-manager.

Hastings Entertainment Inc America Lawrence Hastings Kansas Missouri Dennis McGill U.S. Securities and Exchange Commission Sam Marmaduke Amarillo John Marmaduke Salomon Smith Barney A.G. Edwards & Sons Inc

EU seminar on cash flow and alternative financing for small firms

Kansas University Small Business Development Center hosts a Lawrence Chamber seminar at 6:30 p.m. Thursday led by cash-flow expert Howard Levitan. The talk covers factoring and asset based lending as solutions for new and growing businesses facing cash crunch after signing service contracts. Call (785) 843-B844 to register.

Randee Brady Kansas University Small Business Development Center Brady Lawrence Chamber of Commerce Howard Levitan Levitan

Also Mentioned on This Page

Dow Industrials S&p Treasury New York Mercantile KU Grad Kodak Board New York Chuck Hill First Call Corp Standard & Poor U.S First Cell Corp Sears, Roebuck and Co Toys R Us, Inc Puji Film Union Pacific Corp Great Atlantic & Pacific Tea Co Keen Wally Geller Farmer's Cooperative Assn South Milo Midland North Dodge City St. Joseph Omaha Livestock Omaha Nes Usuay London N.Y Handy & Harman Niehoff Htg, & Air, Inc Lawrence Ars Bullene Dave Iowa Hillcrest Investmentco Mortgage Bankers Runveliventes Regional Jack Gillespie Monique Laven Chris Koeberl 6News Isunflower Cablevision
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