Cox Barnes take over Schlotzsky's in bid to revive chain
Odessa businessmen Bob Barnes and Bobby Cox plan to restore profitability at Schlotzsky's Deli after a federal bankruptcy judge approved the sale in San Antonio. Barnes will be president, Cox chairs the management group, and Fort Worth’s Ronny Jordan becomes chief financial officer. The deal, expected to close Dec 31, follows Boca Cox’s bid amid tough competition, with both saying they rushed to act and anticipate a strong turnaround starting Jan 1.
MENTIONED IN THIS ARTICLE
Odessa
Bob Barnes
Bobby Cox
Barnes
Cox
San Antonio
Deli
Ronny Jordan
Fort Worth
Schlotzsky’s
Austin
OPEC Plans Early Production Cut To Halt Price Slide
Kuwait oil minister Sheikh Ahmad Fahad Al-Ahmad Al Sabah said OPEC members will cut output next month to support prices, aiming to hold at 27 million barrels daily while about 1.1 million above quota is reportedly produced. Delegates from Kuwait Saudi Arabia UAE and Qatar noted informal agreement ahead of today's talks.
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Cairo
Egypt
OPEC
Kuwait
Ahmad Fahad Al-Ahmad al Sabah
Organization of Petroleum Exporting Countries
al Sabah
Llnation Organization
Saudi Arabia
United Arab Emirates
Qatar
Shiites in Iraq name 228 candidates for elections
Under the guidance of Iraq s leading Shi ite cleric a bloc announced 228 candidates for next month s vote. Sunni Arabs face choice to join or abstain as the coalition pushes a timetable for the withdrawal of U S and other troops. The roster excludes Muqtada al Sadr s movement pending legitimacy concerns.
MENTIONED IN THIS ARTICLE
Baghdad
Iraq
Saddam Hussein
U.S
Hussein al- Mousawi
Shi'ite Political Council
Muqtada al-Sadr
Key Energy seeks extension to file financial statements
Key Energy Services Inc. said it cannot file its 2003 annual and three 2004 quarterly statements by the December 31 deadline. The Midland well servicing firm seeks waivers of default and a filing extension to March 31, 2005, while planning to use most of a $62 million land drilling division sale to Patterson UTI to cut about $498 million in debt.
MENTIONED IN THIS ARTICLE
Key Energy Services Inc
The
Midland
Permian Basin
Patterson Uti Inc
Snyder
Key
Empty Stocking Fund donations support Salvation Army aid
The Empty Stocking Fund helps the Salvation Army provide toys and food baskets to needy families. Cash gifts may be sent to the Salvation Army Community Center at 811 E. 10th St. or to the Odessa American at 222 E. Fourth St. in 79761. For details call 333-7720 or 332-0738. See page 2A for totals.
MENTIONED IN THIS ARTICLE
Salvation Army
10Th St
Fourth St
Also Mentioned on This Page
Cox, Barnes
Schlotzsky
Julie Breaux
Craig van Amburgh
CVA Advertising and Marketing
Said VanAmburgh
Bobby Cox Companies
Bob
Schlotzsky's Inc
Cindera Nealy
Paul Zoellerjodessa
First Baptist Church
Associated Press
Key Energy
Ras the
Jacklyn Vickars
Abby
RSA