Payless plans $10 million upgrade in Topeka HQ center
Payless ShoeSource seeks Topeka city approval for industrial revenue bonds to fund upgrades and a distribution center expansion, adding 150 jobs over four years and seeking a 95 percent tax break for a decade. The firm employs 1,900 in Topeka, with 400+ Lawrence residents in the corporate HQ. The piece also notes wage growth by region and Kansas wheat planting progress.
MENTIONED IN THIS ARTICLE
Payless ShoeSource
Topeka
Payless
Tim Reid
Lawrence
Hallmark teams with Maya Angelou for new product line
Hallmark Cards Inc will launch a line of inspirational greeting cards and gift items featuring Maya Angelou’s name and verse starting January 2002. Angelou said the partnership extends her message to millions of women and families. Products may include journals and framed sentiments on love joy grief and courage.
MENTIONED IN THIS ARTICLE
Hallmark Cards Inc
Maya Angelou
Kansas City
Hallmark and Angelou
Hallmark
Angelou
Eileen Gaffen
Lawrence
Smithfield makes 2.7 billion bid for IBP leap in equity deal
Smithfield Foods offers to swap 25 shares for each IBP share, a 12.4 premium over a cash buyout. IBP employees number about 6,500 in Kansas plants at Emporia and Holcomb with Hutchinson area ops. Analysts say the offer adds value for shareholders, but Luter argues the deal shifts burden to insiders and risks lowering hog prices for Midwestern farmers. IBP, based in Dakota Dunes, has 49,000 employees, 60 plants, andtrades globally with 1999 sales of 14.1 billion.
MENTIONED IN THIS ARTICLE
Norman Rockwell
Winston Churchill
Grandma Moses
Don Fletcher
Hallmark North America
Hallmark
Dr. Angelou
Kansas City
Kansas
IBP
Emporia
Holcomb
Hutchinson
Luter
Smithfield
Smithfield Foods
Andrew Wolf
Bb&t Capital Markets
Richmond
Wolf
New York Stock Exchange
Wall Street
Donaldson, Lufkin and
Jenrette
Dakota Dunes
S.D
North America
China
Ireland
Russia
Local Market Update and Commodity Prices Monday
Farmers Cooperative Assn bought limited grain from open storage and did not post bids. Prices listed include corn 10 cents, oats 13 cents, soybeans 90 cents. Dodge City notes quiet trade with no confirmed cattle sales, 19,700 head week totals, early bids unclear. FOB feedlot net weights after shrink. Nonferrous metals show mixed prices with copper around 81.9 cents per lb, zinc 53.69 to 54.19 cents, gold at 264.30 per ounce, silver 4710 per ounce, mercury 150 per 76 lb flask, platinum 590 to 600 per troy ounce.
MENTIONED IN THIS ARTICLE
Local Markets Farmers Cooperative Assn
USDA
London
U.S
Handy & Harman
Troy
St Johns Benefit Auction Promotes Car Prize
A St John’s benefit auction features a red 2001 PT Cruiser as the prize. The car includes a power moon roof leather interior privacy glass CD stereo fog lamps chrome wheels removable rear seats power seats windows and a multiposition rear shelf. Proceeds support the charity.
Countries cash in on domain names like dot tv
Governments loosen country suffix rules to profit from domains similar to com net and org. ICANN figures show nations eye unofficial global use. Tuvalu sold marketing deals funds to join the UN, fund free high school education, medical trips, and road repairs, citing dotTV as boosting capacity. Moldova limits foreign .mnd registrations to health names. Esther Dyson notes governments’ shifts toward global suffix use.
MENTIONED IN THIS ARTICLE
Ilar
Com. Net
Org
Esther Dyson
ICANN
Major League Baseball
Columbia TriStar
Moldova
Tuvalu
United Nations
New Zealand
Jonatana Jonatana
Dottv
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Midwest
Labor Department
West
Northeast
South
Kansas Agricultural Statistics
Kass
By Mark Fagan
Jworld.com
Mark Fagan
Dodge City
Nonferrous Metals New York
Hedges Real Estate Inc
HedgesRealEstate.com
St. John’s
St. John
Gary Hardy
Chrysler
Orefore
Lawrence Catholic School Development and Endowment Fund
Firstar Trust
Fea
Lavurente
World
PT Cruiser
USA
Ellita
Peggy
Peggy Johnson
American Express Financial Corporation
Financial Advisors
Steve Edmonds Sevior
Investments
Jason Edmonds
Donald D. Duncan
Meesident Investments
Baird Financial
Baird
Robert W. Baird & Co
Loo Lawrence
V. Ball
U & Co. Incorporated
New York Exchanges
SIPC
Bairdan
Ick Exchange
Fas
River City
Eepeo
Sunflower Cablevision