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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jul 13, 2004
Page
7
Lea Fastow, wife of Enron’s former finance chief Andrew Fastow, became inmate No. 20290-179 at a federal detention center near Houston. The 42 year old pleaded guilty in May to helping hide ill gotten income linked to Enron’s 2001 collapse and begins a year long sentence for a misdemeanor tax crime.
New owners Gary and Freda Bush of West Middletown complete the Parrot purchase on Main Street near First Avenue while former owners Jim and Anastasia Georgostathis stay on briefly. The name and menu will largely stay the same as the Bushes vow to grow business about 10 to 20 percent.
NCR Corp, a Dayton based maker of ATMs and cash registers, sees second quarter results ahead of estimates due to strong sales and efficiency gains. Shares closed at 51.81, up 4.79, with a 52 week high of 52.58. Revenue seen at 1.44 to 1.45 billion, up from April’s 15 to 20 cents forecast. Teradata and Financial Self Service sales surpassed expectations with foreign currency adding about 3 percentage points to growth.
Morgan Stanley will pay 54 million dollars to settle claims of widespread sex discrimination including strip club outings with clients and higher pay for men. Allison Schieffelin will receive 12 million with 40 million for other women and 2 million for diversity programs. EEOC alleged promotion bias and inappropriate conduct.
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