Markets show mixed move as Clinton presidency looms
Midland Elevator quotes wheat 3.53 corn 2.01 soybeans 5.32 and mile 3.39 as New York trading opens. The Dow rose 3.78 to 3231.14 at noon, with 653 advances, 863 declines, 624 unchanged, amid a cautious session focused on rates and earnings. Westinghouse up 2% after announcing a broad restructuring and GE up 1% as Martin Marietta eyes its aerospace unit.
MENTIONED IN THIS ARTICLE
Midland
Lawrence
New York
Wall Street
ITT Co
IBM
JohnJns
NYSE
Kmarts
AbtLabs
ATST
Amoco
Yao
Anheus
Mobil
Ds BankAm Pe
Bath
Say Or
Baxter
Noestur
U . NorTel
OcciPet
Boeing
Borden
Sears
DataGn
Deere
Sr Syscom
Din Dela Iba
Deltaair
Ty Taubmn
Dillards
Mla
Disney
Exxon
Unisys
Grace
Bae
Nh Hanson
Upjohn
Ls Harris
Ifs
WIS S
HewlPk
Alba
WalMart
WsigEl
Martin Marietta to Buy GE Aerospace Unit in $3 Billion Deal
Washington AP reports Martin Marietta agrees to acquire General Electric Co. aerospace for over 3 billion in cash plus 1 billion convertible preferred stock. The merger boosts Martins revenues toward 11 billion and adds about 65 000 employees. GE will nominate two directors to the expanded board. The move reflects industry consolidation as defense budgets decline.
MENTIONED IN THIS ARTICLE
General Electric
Martin Marietta Corp
CML Group
NordicTrack
NYSE
American Stock Exchange
Washington
General Electric Co
Martin Marietta
Norman R. Augustine
Bethesda
Committee nominates eight to chamber board of directors
Eight local business owners and executives were named to three year terms on the 25 member Lawrence Chamber of Commerce board. New directors begin April 1 as the next business year starts. Nominees include John Elmore, Steve Johnson, Marty Kennedy, Jim Martin, Tom Murray, Elaine Nelson, Dan Simons, and Todd Sutherland. An at large election could occur if 25 members petition by December 7, with ballots mailed December 15.
MENTIONED IN THIS ARTICLE
Lawrence Chamber of Commerce
Chamber
John Elmore
First National Bank
Steve Johnson
KPI
Marty Kennedy
Kennedy Glass Inc
Jim Martin
Kansas University Endowment Association
Tom Murray
Barber, Emerson, Springer, Zinn & Murray Law Firm
Elaine Nelson
Sallie Mae
Student Loan Servicing Center
Dan Simons
the World Co
Todd Sutherland
University National Bank
Chamber drives 103 new members and 25250 in dues
The chamber fell short of its goal but 14 teams recruited 103 new members and 25250 in dues during last week’s effort. Gary Sellars led the drive with phone solicitations, while Dan Watkins topped producers with 2316 from seven new memberships. Scot Buxton and Sean Williams placed second and third in revenue and memberships.
MENTIONED IN THIS ARTICLE
Chamber
Gary Sellars
Telephone
Dan Watkins
Scot Buxton
Sean Williams
Diversifying Crops Seen as Key to Farm Survival
At a Salina session on sustainable agriculture, experts urge farmers to diversify crops to reduce risk. North Dakota farmer Fred Kirschenmann cites 1988 drought his millet buckwheat and sunflowers on 3500 acres helped weather the dry spell and later rains. He warns diversification may bring short term losses in federal program benefits.
MENTIONED IN THIS ARTICLE
Salina
Kansas State University Extension Service
Fred Kirschenmann
North Dakota
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Clinton
Wall
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U.S
3Ources
Bank Rate Monitor
IBC/Danogt
Money Fepon
the Federal Reserve
Investment Company Institute
Lehman Bros
Lipper Analytical Services
Ill Lynch
Morgan Stanley Capital International
National Association of Real Estate Investment Trusts
Prudential Asset Management
Staridaré & Poor's
Rosen Stanger 8 Co
World Gold Council
Money Magazine
Chng
SR Allied Sig
Fleming
Plotens
Fourth Financial
Hercules
HORL
Kmart
Kroger
Merck
Natl Pizza
Jcpenney
Quaker
Tabs Sallie Mae
T3va Santa Fe
Seafield
TRW
Trinova
UtiliCorp
Wal-Mart Sedere
Western Financial
Eaee
Western Resources
Williams Beeeeneee
Nch Woolworth
Courtesy
Edward D. Jones Co
Aerospace
Jayhawk
OM Jones
Adeepge cLun
Greiner & Associates
Westport Plaza
Dr. Topeka
Capitol
National Heritage Life Ins. Co
Chamber Board of Directors
Arly Allen
Allen Press Inc
Nadine Button
Bogner & Button
CPA
Elmore
Joe Flannery
Weavers Inc
Tim Fritzel
Gene Fritzel Construction Co. Inc
John Humphrey
Hallmark Cards Inc
Scott Shmalberg
Scotch Fabric Care Services
Elaine VanDeventer
Drive
Kirschenmann
Jerry Jost
The
Kansas Rural Center
Jost
Power of Attorney
Ames Ganetesganitt
Journal-World Tyline
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