Westar Energy jumps on CEO replacement in trading surge
Westar Energy shares rose about 13 percent to 11.05 on Monday after the Topeka utility named James Haines Jr. as chief executive effective December 9, replacing David Wittig who resigned last week amid a legal cloud. Deutsche Bank analyst James Dobson called Haines a proven turnaround specialist likely to boost shareholder value long term.
MENTIONED IN THIS ARTICLE
Westar Energy Inc
Westar
New York Stock Exchange
James Haines Jr
Haines
David Wittig
Record U.S. bankruptcy filings hit new high in 12 months
Bankruptcy filings by individuals and businesses rose 12 percent in the three months to September to a record 401,306. For the year ending September 30, filings totaled 1,547,669, up 7.7 percent from a year earlier and surpassing the 2001 peak. The American Bankruptcy Institute cited debt buildup from the 1990s as a key factor.
MENTIONED IN THIS ARTICLE
U.S
American Bankruptcy Institute
Samuel Gerdano
Raytheon settles stock case with SEC
Raytheon Co and its chief financial officer Franklyn Caine agreed to a settlement with federal regulators over alleged improper disclosures to stock analysts before the public release. The SEC said Motorola Inc. faced a similar probe but closed it after findings and legal advice. The Raytheon deal avoids admission of wrongdoing from the company or CFO.
MENTIONED IN THIS ARTICLE
Raytheon Co
Securities and Exchange Commission
Motorola Inc
Raytheon
Franklyn Caine
Vail Ski Resort Opens Record Season Ahead of Peak
Vail Colorado opened for the season on November 16 drawing about 11,000 visitors, a record for its 40 year history. A heavy early snow base of 36 inches on the mountain followed about eight feet of snow in the prior three weeks boosting turnout.
MENTIONED IN THIS ARTICLE
Vail
Colo
Lawrence Chamber Seeks New President and CEO
Lawrence Chamber of Commerce officials press on with the search to replace the outgoing president and chief executive officer. The process continues Wednesday as candidates are evaluated and interviews planned to fill the leadership post.
MENTIONED IN THIS ARTICLE
Lawrence Chamber of Commerce
uEpoing
Bill
West Lawrence growth brings KFC and A W restraunts
New fast food outlets are planned for the southwest corner of Sixth Street and Wakarusa Drive. A 3700 square foot building will house KFC and A W restaurant owned by Bill Cutrer, with no set opening date but likely not before spring. An additional 10000 square foot office building is planned for the southeast corner, with tenants TBD, aiming for high visibility near a potential Wal-Mart site.
MENTIONED IN THIS ARTICLE
Sixth Street
Wakarusa Drive
Doug Holiday
West Lawrence
Holiday
Lawrence
Union Station
Kansas City
Hereford House Grill
Hereford House
Greg DiVilbiss
KFC
A&w
Central National Bank
Topeka
Bill Cutrer
23Rd
Alabama
Cutrer
Cutter
23Rd Street
DiVilbiss
The
Bristol Groupe
Congressional Drive
Wal-Mart
Home improvement tops consumer complaint list
Washington AP. A National Association of Consumer Agency Administrators and Consumer Federation of America survey finds roof leaks poor driveway paving and other home improvements as the top and fastest growing consumer complaints. It notes scams by contractors door to door and upfront payments, with elderly homeowners targeted in some states.
MENTIONED IN THIS ARTICLE
Washington
National Association of Consumer Agency Administrators
Consumer Federation of America
Nancy Sabella
The
Association of Consumer Administrators
Christopher Hedges
West Virginia
Federal Trade Commission
October Existing Home Sales Hit 5.77 Million Pace
Existing home sales rose to a 5.77 million seasonally adjusted annual rate in October, a 6.1 percent monthly gain. The strong showing, after September’s 2.6 percent rise, tightens the year’s outlook for a record level as mortgage rates fall to 30 year lows.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Stuart Hoffman
PNC Financial Services Group
Federal Reserve
Bush
White House
Ari Fleischer
Fleischer
Fed
AOL Time Warner eyes magazine access for AOL subscribers
Time Inc magazines could move from free online access to subscriber only under a proposed deal discussed by AOL Time Warner leaders. The plan, reported by The Wall Street Journal, aims to boost AOL’s subscriber base amid slowing ad and subscription growth and a costly Internet access segment.
MENTIONED IN THIS ARTICLE
New York
Time Inc
America Online
AOL
Time ‘Warner
Internet
Wall Street Journal
Jon Miller
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Aeet
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Colorado Ski Resort
Chad Lawhorn
Richard Gwin
Journal World Photo
Brad Axon
Home Improvement
Tme
Douglas County
Time
Weigh Magazine
Deal
Britney Spears
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