MCI WorldCom merge would create world leading telecom giant
WorldCom bid of 37 billion dollars wins takeover of MCI in stock heavy deal. Regulators must approve. outcome reshapes telecom competition and fuel for further mergers. MCI WorldCom would serve 22 million customers in over 200 countries with 32 billion revenue forecast next year.
MENTIONED IN THIS ARTICLE
New York
WorldCom Inc
Mississippi
Telecommunications Giants
MCI
U.S
MCI WorldCom
WorldCom
GTE Corp
BT to gain 7 billion cash for MCI stake amid merger breach
One of the world's largest carriers of international telecommunications traffic expects 1998 revenues above 630 billion. British Telecom is set to receive 7 billion dollars in cash for its 20 percent stake in MCI plus 465 million for MCI's breach of the planned merger contract.
MENTIONED IN THIS ARTICLE
MCI
British Telecommunications PLC
At&t
WorldCom
GTE
Bert Roberts Jr
U.S
Bell Atlantic Corp
Nynex Corp
British Telecom
Goodyear plans Topeka expansion
Goodyear Tire and Rubber announces a 15 million expansion at its Topeka plant to meet rising demand for medium radial truck tires and steel light truck tires. The plan was disclosed from Akron headquarters and will affect about 2,260 employees.
MENTIONED IN THIS ARTICLE
Goodyear
Topeka
Goodyear Tire and Rubber Company
Akron
Ohio
Radio supporters push FCC over unlicensed KAW FM case
Community radio advocates press FCC in Kansas City after warnings that KAW FM 88.9 must be licensed. The station argues licensing denial violates rights, submits a waiver request with support letters, and awaits the FCC's next move amid possible hearings or liability notices.
MENTIONED IN THIS ARTICLE
Radio Free
Lawrence
Federal Communications Commission
KAW Radio
KAW
Rich Wenzel
FCC
Kansas City
Dennis “Boog” Highberger
Kaw-Fm Radio
Liberty Hall
Mass
Highberger
Radio Free Berkeley
California
Commodity and Livestock Prices and Quotations Report
As of Monday close, Farmers Co-operative Eleva tor-Wheat 3.28, soybeans 6.79, milo 3.80, corn 2.34. Midland Eleva tor-Wheat 3.31, soybeans 6.84, milo 3.86, corn 2.39. North Elevator-Wheat 3.31, soybeans 6.84, milo 3.86, corn 2.39. Dodge City trade quiet. no slaughter steer or heifer sales confirmed. 3,800 head week-to-date sales. last sale Thursday 69, asking mostly 70, some 67. St Joseph Mo quotations Monday: slaughter cattle receipts 800. steers and heifers 1-2 lower. boxed beef around 105. cows and bulls up 2-4. Slaughter steers 64.60-64.75. heifers 63-64. cows 30-38. bulls 40.50-46.75. Hog receipts 700. barrows and gilts steady to up 0.25. Omaha quotations steady to up 1.00. hogs 44.50-44.75 for 230-260 lb. cattle 900 total. steers 65-66. heifers 65-66. sheep none. New York Spot nonferrous metals: aluminum 72.4 c/lb. copper 90.30 c/lb. zinc 0.5709-0.5784 lb. gold 310.30 per oz. silver 4849 per oz. mercury 187.00 per 76 lb flask.
MENTIONED IN THIS ARTICLE
Farmers’ Co-operative Assn
South
Milo
Midland
North
Corm
Dodge City
St. Josefh
Omaha
Ineb
U.S
New York
London
N.Y
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Michael Castle
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House Banking Monetary Subcommittee
Dow
Steve Stemmerman
Magalie Salas
Washington, D.C
Grover Beach
Calif
Excellent Radio
St. Joseph Livestock
Omaha Livestock Eee
the Prudential
Joe Bellinger
Prudential
Broad Street
Newark
Laweenee Journal-World
Pegay Johnson
Missouri
Financial Advisors
Superior Office Savings
Sparco
Sparco Stapler
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Sharpie Baines
Highland Notes
Bete
Flack Reg
Sparco' Staples
BIC Brite
Uniball
SAN
Superior School & Office Tower
Iowa St
Sulte M