Sprint PCS restructuring eyed to track stock and IPO path
Industry sources say Py ee S35 Sprint Corp. and its cable TV partners may announce a restructuring of Sprint PCS creating a tracking stock for the wireless venture and possibly an eventual IPO. Sprint would raise its stake above 50 percent from about 40 percent.
MENTIONED IN THIS ARTICLE
Sprint Corp
Sprint Pcs
Wireless
Sprint
Cox Communications Inc
Comcast Corp
Tele- Communications Inc
Dillard's merger shocks shoppers in Kansas City area
In Kansas City Missouri shoppers react to news that Dillard's Inc will absorb Mercantile Stores Inc through the Jones Store Co conversion. Customers worry about lost competition while Dillard's pledges to retain Jones employees and to hire regional Mercantile staff as offices in Overland Park face uncertainty.
MENTIONED IN THIS ARTICLE
Kansas City
Jones Store Co
Dillard’s Inc
Jennifer Clark
Liberty
Dillard’s
Jones
Clark
Metro North
Ohio
Mercantile Stores Inc
Jennifer
Fark
Mercantile
Topeka
Carolyn Sterner
Metcalf South
Overland Park
Barbara Salter
Metcalf
Wade Hankins Jr
Blue Springs
Hankins
Fun and Games toy store eyeing summer reopening
Larry Cornelius may reopen the Fun and Games shop at 816 Mass with new ownership, keeping the building. Paley says the business could sell for 200000, inventory priced to transfer, with three bidders showing interest and a July relaunch possible after smoke-damage concerns from 1997 fire were resolved.
MENTIONED IN THIS ARTICLE
Fun and Games
Larry Cornelius
Mass
George Paley
Cornelius
Sunflower Outdoor & Bike Shop
Paley
Kansas
10Th
Massachusetts Streets
Kodak AOL form alliance for online photo returns
Eastman Kodak Co and America Online Inc will let photographers get digitized copies of their film delivered to their computers. The service, part of a three year deal, costs $5 to $7 per roll and plus applies when AOL's 12 million members drop off film at Kodak developers.
MENTIONED IN THIS ARTICLE
Rochester
N.Y
Eastman Kodak Co
America Online Inc
AOL
AP Phare
Bob Pittman
America Online
Dan Carp
New York
Fed keeps rates at 5.5 percent amid mixed signals
The Federal Reserve’s Federal Open Market Committee left the target short term rate unchanged at 5.5 percent after a 44 hour meeting. Analysts expected no change as Asia’s economy remains unsettled and U.S. growth moderates. The Dow rose 4 points to 9,055 after a prior three day decline.
MENTIONED IN THIS ARTICLE
Washington
Asia
Federal Reserve
Central Bank
Federal Open Market Committee
Dow Jones
Farm sector quotes and livestock market snapshot
As of Tuesday close, grain prices from Farmers Cooperative Assn South Elevator list wheat at 2.95 dollars soybeans 6.05 milo 3.57 and corn 2.21. Midland Elevator shows wheat 3 soybeans 6.10 milo 3.63 corn 2.26 with similar figures at North Elevator. Dodge City livestock trade notes steady slaughter cattle demand light with 9,100 steers and 5,900 heifers sold and week to date 38,900 head confirmed. pricing includes select and choice steers 1,085-1,300 pounds at about 64 dollars and Holsteins around 56-57. Joseph livestock quotes and Omaha market detail hog and cattle prices with varying weights and forward sales. New York nonferrous metals show modest gains with copper around 82 dollars per pound and aluminum at 61.3 cents. gold at 299.70 per ounce.
MENTIONED IN THIS ARTICLE
Farmer's Cooperative Assn
South Elevator
Milo
Midland
North Elevator
Dodge City
City
Kansas
MAMA
NEB
USDA
Omaha
U.S
New York
London
Handy & Harman
Also Mentioned on This Page
Dow
S&p
Treasury
Py Ee
Near
Deal
Commerce Department
Wall Street
Gold Banc
Northwest Bancshares
Northwest Bancshares Inc
People State Bank of
Colby
Farmers State Bank of Sabetha
Tri-County National Bank of Washington
Campbell's Soup Co
Dayton Hudson Corp
Home Depot Inc
Kohl's Corp
National Computer Systems Inc
Dillard
Toy Store
Richard Brack
Brack
Jworld.com
Kodak
Fed
Joseph Livestock
St Josep, Mo
Omaha Livestock
Ljworld.com
Sure
Farld
Lawrence
Journal-World
Dilbert
Allen
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