CapFed reports higher earnings in first public report
CapFed Capital Federal Financial reports a 4 percent year over year gain in net income to 15 million for the quarter ended March 31, excluding one time charges of 15.1 million for foundation formation and pension costs, resulting in a net loss of 5.3 million including these charges. Fleming Companies posts 24.2 million after tax loss for the quarter ended April 17 after 45.5 million in pretax impairment and restructuring charges, with potential adjusted earnings of 7.6 million. MCI WorldCom ends talks to buy Nextel Communications as a breakdown is amicable and an announcement is expected.
MENTIONED IN THIS ARTICLE
Capitol Federal Financial
Thrift
CapFed
Fleming Cas, Inc
Fleming
Topeka
MCI WorldCom Inc
Nextel Communications Inc
MCT
U.S
Commerce Department
NCS to Acquire NovaNET Learning
National Computer Systems Inc. has acquired NovaNET Learning Inc., an interactive online curriculum content company. The NovaNET system offers more than 10,000 hours of self paced curriculum delivered to schools via a nationwide Intranet. Terms were not disclosed. Minneapolis based NCS has 225 full time staff at its Lawrence data processing operations where expansion plans were announced.
MENTIONED IN THIS ARTICLE
National Computer Systems Inc
Novanet Learning Inc
NCS
Lawrence
U.S. manufacturing rebounds amid Fed beige book findings
The Federal Reserve’s beige book shows most districts report manufacturing gains as consumer spending rises on secure jobs. Factories vary by sector with medical and automotive demand up. apparel faces weak orders due to foreign competition, while overall inflation remains subdued.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve
Fed
Ical
Boston Bank
San Francisco
Atlanta Bank
Mercantile official calls Firstar deal a plus for Lawrence
Chuck Warner president of Mercantile Bank of Lawrence says the Firstar Corp acquisition should not affect Lawrence operations or about 125 employees. He notes no nearby Firstar banks and no local central operations to cut, while Firstar aims to trim costs after closing the $10.1 billion stock swap this fall.
MENTIONED IN THIS ARTICLE
Mercantile Bank of
Lawrence
Firstar Corp
Chuck Warner
Firstar
Mercantile Bancorporation Inc
Warner
Mercantile
Pact Near in Utility Merger Between Western Resources KCPL
Settlement talks neared completion in the Western Resources KCPL merger with Topeka and other intervenors. An agreement file was expected with the Kansas Corporation Commission after hearings where Drue Jennings signaled support for customer rate relief from merger savings and outlined the post merger leadership plan for Westar Energy.
MENTIONED IN THIS ARTICLE
Topeka
Western Resources
Kansas City Power & Light Co
Kansas Corporation Commission
KCPL
Commission
City of Topeka
Drue Jennings
Jennings
Westar Energy
John Frieden
Frieden
KPL
Kansas Gas & Electric Co
Wichita
AT&T Wins MediaOne to Become Top Cable TV Carrier
AT&T gains the largest U S cable TV company status by acquiring MediaOne for 54 billion dollars, promising a single bill and combined cable phone and Internet service for 16 million customers while facing consumer group and lawmaker criticism over reduced competition and potential price effects. Comcast will share MediaOne’s customers under a truce.
MENTIONED IN THIS ARTICLE
New York
At&t Corp
At&t
MediaOne Group Inc
Comcast Corp
No. 3
Denver
MediaOne
Book Warehouse Donates 2000 Books to Kansas Town Libraries
Book Warehouse donated 2,000 books to Burlingame Lyndon and Williamsburg libraries in Kansas. The Burlingame Library, Lyndon Carnegie Library, and Williamsburg Community Library received adult fiction trade paperbacks and children's books from the store at Suite 205 in the Lawrence Riverfront Plaza as part of its support for small libraries.
MENTIONED IN THIS ARTICLE
Book Warehouse
Kansas
Lawrence Riverfront Plaza
Burlingame _ Library
Burlingame
Lyndon Carnegie Library
Lyndon
Williamsburg Community
Williamsburg
Also Mentioned on This Page
Free State High School
Dow Industrials
S&p
Treasury
Chicago Board of Trade
Lew Yiark
MCI
Nextel
Novanet Learning
Aan
AP Graphic
Rom
Beijing
China
Xzi
St. Louis
Jerry Grundhofer
Pact Near In Utility
J-W
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