Scudder opens Arizona Funds Center in Scottsdale
Scudder, Stevens and Clark will open an Arizona Funds Center in Scottsdale at the Scottsdale Financial Center II complex, 4141 N. Scottsdale Road, in late April. The 2100 square foot center will offer 35 no load mutual funds, a reference library, and investment seminars, with initial staff of four representatives and a toll free line for fund distribution. Minimum investments are $1000 or $500 for an IRA.
MENTIONED IN THIS ARTICLE
Scudder, Stevens and Clark
Arizona
Scottsdale
Scudder Funds Center
Scottsdale Financial Center II
Scottsdale Road
Scudder
Linda Pierce
Scudder Funds
Pierce
Motorola and IDO Near Pact on Japan Cellular Access
Motorola Inc and its Japanese partner IDO are close to a plan to expand Motorola style phones in Japan by adding 159 relay stations in the Tokyo Nagoya region by March 1996. The deal hinges on relay construction and frequency agreements with two other issues, and sanctions could follow if talks fail.
MENTIONED IN THIS ARTICLE
Motorola Inc
U.S
Japan
Tokyo
Nippon Idou Tsushin
IDO
Tokyo-Nagoya
Japan Broadcasting Corp
Motorola
Koichi Yoshimura
United States
Raytheon to cut 4400 jobs amid restructuring Push to shift from defense
Raytheon Co plans a 4400 job layoff as part of a broad restructuring to reduce defense focus and boost commercial businesses. The Patriot missile maker says some defense products are nearing end of life, prompting shift to textbooks, appliances, jets and other items.
MENTIONED IN THIS ARTICLE
Raytheon Co
Raytheon
SEC Proposes Reforms for Municipal Bond Market
The Securities and Exchange Commission proposed a package of reforms for the municipal bond market to reduce conflicts of interest and improve disclosure. The plan would require more information on issuer financial health, risk, and sales commissions in some transactions, with a 120 day comment period before a vote.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
Sales Commission
SEC
Crpmeerenes Ser
Emake Tl
Agg
Clinton unites jobless aid into one federal retraining system
President Clinton unveiled a five year 13 billion plan to simplify unemployment benefits and training. It would merge six existing programs into one stop centers run by states with seed money, aiming for first centers by mid 1995 and full system by 1999.
MENTIONED IN THIS ARTICLE
Washington
Clinton
White House
Congressional
Labor
Detroit
al Gore
Nancy Landon Kassebaum
Kansas
Senate
Tonto Apache Tribe to Build $7 Million Casino Near Payson
The Tonto Apache Tribe plans a 35000 square foot casino half a mile south of Payson on Bee Line Highway with 300 slot machines Keno card games a bingo room a restaurant and a sports bar. Groundbreaking is planned for April with opening by August and construction overseen by Phoenix contractor John Vucichevich. About 100 jobs during build and 150 after opening are expected. The new venue will be larger than Mazatzal Casino which currently has 90 slots.
MENTIONED IN THIS ARTICLE
Payson
Valley
Beeline Highway
British American Bingo
Capital Gaming International Inc
Phoenix
John Vucichevich
Mazatzal
Paying bills made easy by a Phoenix service
Michele Harmon-Hirsh in Chandler found Pay-Ezz a lifesaver for managing finances. Caroline Voelkel started the Phoenix bill paying service in 1990 after 16 years in banking, offering to handle bills, paperwork, and checks for busy clients or those who dislike paying on time. The company has grown to three branches, two as franchises, with options for clients to sign checks themselves or authorize Voelkel to mail on their behalf.
MENTIONED IN THIS ARTICLE
Chandler
Michele Harmon- Hirsh
Caroline Voelkel
Phoenix
Voelkel
Harmon-Hirsh
Voelker
Pay-Ezz
Fed report finds steady growth despite winter weather
The Fed beige book shows U S economic growth in January and February with limited price pressures. Analysts say the report could ease rate rise fears, though Greenspan signaled a pre emptive stance against inflation and a possible March rate increase remains on the table.
MENTIONED IN THIS ARTICLE
Fed
Washington
U.S
Federal Reserve
Midwest
Sung Won Sohn
Norwest Corp
Minneapolis
Sohn
Cynthia Latta
DRI McGraw-Hill
Lexington
Mass
Bashas to reopen Bargain Basket in east Mesa opening 1995
Bashas plans a 64000 square foot Bargain Basket store anchoring Signal Butte Marketplace at Signal Butte Road and Apache Trail in east Mesa replacing an existing Bashas store. The development, by Kitchell Development, will include about 100000 square feet of shopping space with five restaurant or bank pads and a 1995 first quarter opening date.
MENTIONED IN THIS ARTICLE
Bashas
Rural
Guadalupe
Tempe
Bullhead City
Prescott
Signal Butte
Signal Butte Road
Apache Trail
East Mesa
Arizona
Kitchel
East Valley
Jeff Allen
Kitchell
Nu- Western
Scottsdale
Allen
Darren Fry
A. Patrick Sheahan
Correction note on mutual funds listings in business section
An apology is issued for an error in the Wednesday business page. The mutual funds listings shown actually reflect Monday market activity, and the correction clarifies the misprint and any resulting confusion for readers.
MENTIONED IN THIS ARTICLE
Mutual ‘Funds
Also Mentioned on This Page
Gannett News Service
The
Associated Press
Ed Taylor
Tribune
Federal
Martha Reinke
Tribune Business
NYSE
IBM
AllstateCon
WalMarts
S&p
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