Sprint appoints Gary Forsee as chairman in leadership shift
In Overland Park Sprint Corp. designated Gary Forsee as chief executive and chairman, succeeding William Esrey who stepped down after a decade at the helm. Forsee introduced new senior managers, reaffirmed goals to boost revenue and service, and signaled a possible future elimination of the Sprint PCS tracking stock. Shares closed slightly higher as the board reshaped top leadership amid ongoing reforms.
MENTIONED IN THIS ARTICLE
Overland Park
Sprint Corp
William T. Esrey
Gary Forsee
Forsee
Sprint
Esrey
Pany
Sprint Fon
New York Stock Exchange
Aquila names CFO and new compliance chief
Aquila Inc. announced Rick Dobson is its chief financial officer and Brock Shealy becomes corporate compliance officer. Dobson, 43, has been interim CFO since November amid drastic leadership changes after the wholesale energy trading collapse. Shealy, formerly chief administrative officer and head of European operations, will oversee regulatory compliance and the audit function.
MENTIONED IN THIS ARTICLE
Aquila Inc
Rick Dobson
Brock Shealy
Kansas City
Dobson
Dan Streek
Aquila
Major retailers report mixed first quarter earnings
Wal-Mart earned 42 cents per share, up from 37 cents last year. JC Penney posted 20 cents per share, down from 29 cents. Analysts had expected 18 cents. Abercrombie & Fitch reported 26 cents, up from 23 cents a year earlier.
MENTIONED IN THIS ARTICLE
Wal-Mart
JC Penney
Abercrombie & Fitch Co
Declining oil output fuels fear of price hikes this summer
The International Energy Agency warned that falling oil production and low inventories in major importers raise the risk of volatile gasoline prices as the summer driving season nears. OPEC cuts eyed for summer could worsen price instability, despite some members boosting output. The U.S. led war in Iraq disrupted crude supply, contributing to a 1.4 million barrel daily drop in April world production.
MENTIONED IN THIS ARTICLE
OPEC
International Energy Agency
Iraq
Organization of Petroleum
IEA
Lawrence Country Club to open 500000 pool to boost members
Lawrence Country Club will debut a 160000 gallon pool on May 24 replacing the 50 year old facility east of the clubhouse at 400 Country Club Terrace. General manager Terry Schmidt says the larger pool aims to attract younger families and reverse a membership decline from 507 to about 465 in recent years.
MENTIONED IN THIS ARTICLE
Lawrence Country Club
Terry Schmidt
Schmidt
Country Club Terrace
Lawrence
B.A. Green Construction
BG Consultants
Bush, EU clash over biotech imports WTO complaint
The Bush administration filed a World Trade Organization case accusing the European Union of violating trade pacts by blocking imports of genetically engineered crops. Argentina Canada and Egypt joined the complaint as lawmakers and farm groups urged action to protect farmers planting biotech crops.
MENTIONED IN THIS ARTICLE
Washington
Bush Administration
European Union
U.S
United States
Robert Zoellick
World Trade Organization
Argentina
Canada
Egypt
Ann Veneman
Trade Deficit Widens to 43.5 Billion in March
The Commerce Department reports the U.S. trade deficit rose to 43.5 billion dollars in March, up 7.6 percent from February, with imports of foreign made industrial supplies climbing to a monthly high while exports increased for the third straight month. The administration urges boosting exports by reducing foreign trade barriers rather than throttling imports.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
United States
Also Mentioned on This Page
Ronald LeMay
LeMay
Com
Wall Street
Clawhorn
Ljworld.com
Jim Singerling
Club Managers Association of America
Singerling
Mika Yoder
Journal-World Photo
Bush
EU Biotechnology
House
Dennis Hastert
Bill
Senate Finance Committee
Charles Grassley
Rtowa
Montana
Max Baucus
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