Apple climbs to four year highs on upgraded targets
Apple Computer shares jumped to four year highs after Piper Jaffray analyst Gene Munster nearly doubled his target from 52 to 100 due to stronger iPod and Mac demand. Fulcrum Global Partners' Robert Cihra raised his target from 53 to 65 on iPods and the new iMac G5. The stock closed at 61.35, up 6.18, 11 percent on Nasdaq.
MENTIONED IN THIS ARTICLE
Apple Computer
Wall Street
Piper Jaffray
Gene Munster
Apple
Fulcrum Global Partners
Robert Cihra
Downtown Lawrence Hopes Holiday Lights Draw Shoppers
Downtown Lawrence Inc plans a $25,000 upgrade with 9,500 new holiday lights across 1.8 miles aiming to boost shoppers and spending this season. Lights, powered by 49 timers, replace older displays halted for safety. city funds and the Chamber cover portions of the cost while merchants market the district regionally.
MENTIONED IN THIS ARTICLE
Lawrence
Lawrence Inc
Maria Martin
Southwest
Massachusetts Street
Mike Wildgen
Lawrence Chamber of Commerce
Kansas City
Wichita
Omaha
Neb
Des Moines
Iowa
Sunflower Broadband Adds Maxi Boxes for HD TV and DVR
Sunflower Broadband offers Motorola Media Centers with Moxi to 240 cable operators serving over 1 million customers. Sunflower, a World Company unit, bought the boxes from Diego Inc. in August and small numbers are for sale or rent with varies fees. Sunflower serves Kansas communities including Lawrence and Eldora and nearby counties. Hastings Entertainment reports Q3 losses narrowed on stronger merchandise sales and fewer pre opening expenses. shares rise to 7.51 on Nasdaq.
MENTIONED IN THIS ARTICLE
Sunflower Broadband
Motorola Broadband Media
Moxi
Sunflower
Diego Inc
the World Company
Lawrence Journal-World
Lawrence
Eudora
Tonganoxie
Basehor
Piper
Kansas City
Kah
Douglas
Leavenworth
Hastings Entertainment Inc
Amarillo
Hastings
Sprint PCS affiliates in merger talks
Alamosa Holdings Inc said on Monday it made an unsolicited bid for AirGate PCS Inc valued around 380 million dollars. The deal would unite Atlanta based AirGate and Lubbock Texas based Alamosa as Sprint PCS affiliates, expanding Sprint coverage. Together they would form the premier Sprint PCS affiliate with over 1.25 million subscribers. AirGate said it retained a financial adviser and is giving the proposal serious consideration.
MENTIONED IN THIS ARTICLE
Alamosa Holdings Inc
AirGate Pcs Inc
Sprint
AirGate
Lubbock
Texas
Alamosa
Downtown Lawrence lights up with holiday ceremony
Downtown Lawrence Inc hosts a holiday event at Ninth and Massachusetts with children’s singing. The program features 9,500 lights turning on at 6 p.m. Santa arrives atop Weaver’s Department Store and is escorted by the Lawrence Fire Department for visits with children throughout the evening.
MENTIONED IN THIS ARTICLE
Lawrence Inc
Ninth
Massachusetts
Santa Claus
Weaver's Department Store
Santa
Lawrence Fire Department
Trump casino empire files for Chapter 11 bankruptcy
Donald Trump and Trump Hotels & Casino Resorts filed for Chapter 11 bankruptcy amid 18 billion dollars in debt. The move keeps three Atlantic City properties and a riverboat Indiana casino operating while restructuring with bondholders. Trump remains chairman and CEO, with his stake reduced to 27 percent but still the largest shareholder.
MENTIONED IN THIS ARTICLE
Trump Hotels & Casino Resorts
Trump
Atlantic City
Indiana
Trump Casinos
Donald
Forbes Magazine
American Airlines delays Boeing jet deliveries amid losses
American Airlines, part of AMR Corp, plans to defer 54 Boeing jet deliveries scheduled 2006 to 2010 to save about 2.7 billion dollars through 2010. CFO James Beer cited restructuring needs as the carrier battles high fuel costs and fierce competition from low-cost rivals. Boeing says deliveries will still proceed with adjusted guidance. analysts note potential reallocation to other carriers and regional markets.
MENTIONED IN THIS ARTICLE
Dallas
American Airlines
Boeing Co
Southwest
JetBlue
American
James
Agricultural and metal markets mix on Chicago Trade News
Soybean futures rose on the Chicago Board of Trade while grains posted mixed results. December wheat and corn fell, oats gained modestly, and January soybeans advanced. Beef futures dipped as pork mixed. live cattle slipped and feeder cattle declined. Local elevator prices for wheat, corn, milo, and soybeans varied by location. Gold, silver, and platinum prices were listed in New York spot markets.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
New York
N.Y
Boeing to Sell Electron Dynamic Devices Unit to L-3
Boeing Co plans the sale of its Torrance California Electron Dynamic Devices Inc unit to L-3 Communications to boost L-3 space program capabilities. The deal, expected to close in Q1 2005, leaves Boeing with the power electronics group within Boeing Satellite Systems and highlights Boeing's Wichita employment as Kansas' largest private employer with about 13,000 workers.
MENTIONED IN THIS ARTICLE
Boeing Co
Torrance, Calif
Boeing
Power Electronics
Electron Dynamic Devices
Wichita
Kansas
Also Mentioned on This Page
Lworld
Mark Fagan
Communications
Telecommunications Sprint Pcs
Mfagan
Liworld.com
Trump Casino Business
Jeffrey Gold
Associated Press
Newark
Donald Trump
Ruth
Debble Vanstory
Aviation American Airlines
BBC
Davi Rauscher
Europe
Asia
Ray Neid
Calyon Securities
AMR
New York Stock Exchange
Eeee
Lawrence South
Pauline
Cel
J-W
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