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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Randee Brady
Kansas University Small Business Development Center
Brady
Lawrence Chamber of Commerce
Howard Levitan
Levitan
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