Boiler room scams taint SMR investments in wireless deals
Law enforcement flags boiler rooms pitching specialized mobile radio as high risk investments. Promoters claim huge five year profits but investors often lose funds. Regulators raid wireless cable outfits across several states, with multiple agencies pursuing enforcement while warning the public.
MENTIONED IN THIS ARTICLE
SMR
San Diego
Newport Beach
Calif
Georgia
California
Department of Corporations
Baton Rouge
Shreveport
Des Moines
Boston
Erie
Indiana
Colorado
Infotech Group Inc
Parkersburg
W.va
Infotech
Madison
Wis
Securities and Exchange Commission
Federal Trade Commission
Ralph Widmar
Network Intelligence
Monterey
A.G. Edwards
Billy Eskind
Nashville
Tenn
Durable goods orders rise 0.1 percent in April
U S factories posted a 0.1 percent April gain in durable goods orders, the eighth rise in nine months, with strength in electronics and electrical equipment offset by declines in primary metals and transportation equipment. Unfilled orders rose to 423.8 billion, signaling capacity and workforce pressures.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Rising mortgage fears boost April existing home sales
U S buyers rushed to lock in mortgages as rates climbed, with April existing home sales up 1.2 percent to a seasonally adjusted 4.12 million. Gains were regionally uneven, led by the Midwest and West, while the Northeast and South slipped.
MENTIONED IN THIS ARTICLE
Washington
Midwest
Northeast
National Association of Realtors
Robert H. Elrod
Federal Home Loan Mortgage Corp
National Association of Home Builders
Local Market Wrapup Preview in Saturday Journal-World
Local interest note urges readers to watch for the complete market wrapup in Saturday's Journal-World, highlighting forthcoming retail trends and price movements for the week.
MENTIONED IN THIS ARTICLE
Journal-World
Auction barn's future still undecided in Lawrence
Lawrence Livestock Sale Co owner Barney Barnett says he hopes to reopen the 60 year old auction barn at 900 E 11th this summer. He denied rumors of Saturday auctions resuming after a nine month hiatus and noted plans to adjust operations while keeping the traditional early poultry and misc. auction prior to the weekly sale.
MENTIONED IN THIS ARTICLE
Lawrence Livestock Sale Co
E. 11Th
L.L
Barney
Barnett
Sale Barn
Kansas
Ottawa
Overbrook
Lawrence
IBM consolidates global advertising with Ogilvy & Mather Worldwide
International Business Machines Corp. has shifted responsibility for almost all its advertising to Ogilvy & Mather Worldwide, a move industry executives call possibly the largest agency account change ever. IBM would not disclose spend, but anonymous sources estimate annual ad outlays between 400 million and 500 million dollars.
MENTIONED IN THIS ARTICLE
International Business Machines Corp
Madison Avenue
Ogilvy & Mather Worldwide
IBM
Disasters rock insurers in a brutal 1994 year
The 1994 hurricane season has started with seven months remaining, yet insurers report the year as the second worst in history. Industry estimates show losses from the Los Angeles earthquake and winter storms have reached 8.5 billion dollars.
MENTIONED IN THIS ARTICLE
Los Angeles
Commodities and livestock prices across markets
Market notes from Midland Elevator, Omaha and St. Joseph show grain prices Wheat 3.27, corn 2.64, milo 4.27, soybeans 6.93 per bushel. Livestock quotes include hogs with mixed 230-260 lb ranges around 42.25 to 43.75, sows and larger hogs down, lambs steady, feeders down 3 to 5 points in Missouri listings, steers and heifers softer on weight tests. Nonferrous metals and precious metals prices in New York listed with copper at 1.07 per lb and gold at 387.30 per troy ounce.
MENTIONED IN THIS ARTICLE
Midland
Omana
Nes
Uspa
Omaha
U.S
St. Joseph
New York
London
Comex
Handy & Harman
Exchange Rates From Commerce Bank Of Kansas City
Commerce Bank of Kansas City N A provides interbank foreign exchange rates as of 8 a m today. Retail transactions may show a different U S dollar value per currency unit. For more information and additional rates call 800 892 7100.
MENTIONED IN THIS ARTICLE
Commerce Bank of
Kansas City
N.A
U.S
Commerce Bank
Also Mentioned on This Page
Jane Bryant Quinn
Ifa
cApr
Rv Ar. M
U.S. Dept. of Commerce
Low
Lspan
Natl Pizza
AlliedSig
O'Reilly Auto
Applebee's
Buckle Inc
JC Penney Casey's
Pepsico
CommBancsh
Quaker
Dayton-Hudeeseeee
Sallie Mae
Fleming
FMC
Seennee
Santa Fe
Sealright
Soas Srsssreeee
Goodyear
Sthwest Bell
Hercules
TR Woastenseee
Kmart
Kroger
Trinova
Labone Eesens
The
Arensberg
Rockport
Florsheim
Cole Hahn
Bandolino
Selby
Connie
Mia
Massachusetts
Omaha Livestock
St. Joseph Livestock
Canada
France
Germany
Great Britain
Italy
Japan
Mexico
Switzerland
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