Office Depot to buy Viking Office Products in $3 billion deal
Office Depot Inc. agreed to acquire Viking Office Products Inc. for 3 billion dollars, expanding into mail-order catalog sales and boosting global reach via Viking’s Europe and Australia operations. The merger follows Staples Inc. agreement to purchase Quill Corp. for about 685 million. Office Depot operates a store in Lawrence.
MENTIONED IN THIS ARTICLE
Office Depot Inc
Viking Office Products Inc
Office Depot
Viking
Europe
Australia
Staples Inc
Quill Corp
Lawrence
Cardinal Health to Buy Gelatin Capsule Maker
Cardinal Health, the nation’s second largest drug distributor, signs a $2.1 billion merger to acquire R.P. Scherer Corp., the world’s largest maker of soft gelatin capsules. The deal would expand Cardinal Health’s role to a direct supplier to drug wholesalers, broadening its control over prescription drugs nationwide.
MENTIONED IN THIS ARTICLE
Cardinal Health
R.P. Scherer Corp
Zenith Shares Slump On Sell-Off News
Zenith Electronics Corp shares fell 27 percent after its 55 percent stakeholder LG Electronics signaled possible asset sales to stem losses. LG told the SEC it was negotiating major changes in Zeniths capitalization and operations to stabilize the business.
MENTIONED IN THIS ARTICLE
Zenith Electronics Corp
LG Electronics
South Korea
Securities and Exchange Commission
AT&T Yahoo Strike Internet Marketing Pact in California
AT&T forged a marketing partnership with Yahoo! Inc. as part of its rapid alliance push. Starting in June Yahoo! users can buy AT&T services by clicking an icon across Yahoo sites based in Santa Clara. AT&T and Yahoo! also plan a voice enabled chat service paralleling phone plans.
MENTIONED IN THIS ARTICLE
At&t
Yahoo
At&y Corp
Yahoo! Inc
Santa Clara
Calif
Hallmark plant to spend over 1 million on parking lot flood control
Hallmark Cards plant on Lawrence's north side will invest more than 1 million dollars to renovate its parking lot used by about 1,000 employees. A failing culvert beneath McDonald Drive channels storm water into the lot, prompting construction of a temporary lot, traffic signals, soil raising, and new drainage. The project aims to keep production moving while raising the lot to hold runoff, with work expected to finish in about 90 days.
MENTIONED IN THIS ARTICLE
Hallmark Cards
Karmen Huyser
Hallmark
Lawrence
Huyser
McDonald Drive
Hallmark’s West
Iowa Street
Market Prices From Local Elevators
As of Monday close, Farmer's Cooperative Assn in South Elevato r-Wheat 2.98 soybeans 6.17 milo 3.59 corn 2.22 Midland Elevator Wheat 3.03 soybeans 6.22 milo 3.64 corn 2.27 North Elevator Wheat 3.03 soybeans 6.22 milo 3.64 corn 2.27
MENTIONED IN THIS ARTICLE
Farmer's Cooperative Assn
South
Milo
Midland
North
Dodge City Livestock Market Quiet Trade Monday
In Dodge City the livestock market opened quiet with no sales of slaughter steers or heifers confirmed. Trade was moderate with light demand and about 10,004 cattle invoiced for the week so far, mostly pre contracted. Asking prices ranged near 67, bids around 63 to 64, last sale 65, with FDR feedlot net weights after a four percent shrink.
MENTIONED IN THIS ARTICLE
Kansas
Omaha Livestock Market Prices and Metal Quotes
Omaha market quotes show hogs higher with barrows and gilts up about 1.50, cattle bids mix with steers and heifers mostly down, hog receipts around 700 head and cattle around 600, with various weight ranges and prices. New York nonferrous metals list aluminum copper lead zinc tin and precious metals with prices per pound or troy ounce, including gold around 300.30 and silver near 5.32 with market terms from London and NY Merc spot.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Usps
U.S
Joseph
New York
London
N.Y
Handy & Harman
Dillard's to Acquire Mercantile Stores for 2.9 Billion
Dillard's Inc. will buy Mercantile Stores Co. Inc. in a 2.9 billion deal creating a Midwest and South retailing powerhouse. Mercantile runs 119 stores under McAlpin's Bacons and Joslins in 17 states. Dillard's operates 272 stores in 27 states. The merged firms will have nearly 10 billion in annual sales.
MENTIONED IN THIS ARTICLE
Fairfield
Dillard's Inc
Mercantile Stores Co. Inc
Midwest
Mercantile
McAlpin’s
Bacons
Joslins
Dillard's
Little Rock
Ark
Sunbelt
Dillard’s
Birch Telecom enters Lawrence as local phone rival
Birch Telecom of Kansas City begins selling local telephone service in the Lawrence metro area along with long distance service and upcoming Internet connections. The firm, formed by a Valu-Line and Birch merger, aims to offer residents and businesses a lower cost alternative to Southwestern Bell, with promotions, plans for future local switching facilities, and a focus on small and mid sized customers.
MENTIONED IN THIS ARTICLE
Southwestern Bell
Birch Telecom Inc
Kansas City
Lawrence
Birch
Southwestern Bell Telephone Co
David Scott
Scott
Valu-Line Cos
Birch Telecom
Wichita
Topeka
Kansas
Missouri
Virginia Popper
Baby Bells
Popper
Jeff Shackelford
Shackelford
Ameritech
Bell
Also Mentioned on This Page
Dow Industrials
S&p
Treasury
Zenith
Richard Brack
Brack
Jworld.com
Tyler Wirken
Journal-Wontt
Hallmark Cards Inc
Nationwide Mutual Insurance Co
Columbus
Ohio
Des Moines
Allied Group Inc
Nationwide Mutual
Allied Group
Nationwide
Dodge City Livestock
Omaha Livestock
St. Joseph Livestock
Pippy
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