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Odessa American in Odessa, Texas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 19, 2005

Page

8

Key assets audit continues as Key downs value estimates

Key Corp reports a long running 2003 asset audit may reduce asset values by 165 million to 195 million in its 2003 financial statement and prior-year statements. The firm faces an FBI inquiry and SEC investigation into accounting practices while selling its land drilling unit for 62 million cash to Patterson UTI. Odessa official Neil McDonald says moving executives to Houston harms the Permian Basin with potential brain drain and loss of local vendors.

Key Alario FBI Midland U.S. Securities Exchange Commission SEC Tasdemir Raymond Financial Services Houston Alaric Patterson Uti Snyder Neil McDonald Odessa Chamber of Commerce

Timeline shows Key Corp actions and investigations 2004 05

Timeline from Page 1A covers KeyCorp closing offices in San Antonio and New Hope Pennsylvania citing restatement costs and rising labor. SEC probe into misappropriation and diversion at South Texas division. lenders extend deadlines for 2003 and 2004 filings. leadership change. Loftis suit. NYSE leniency on 2003 report. FBI grand jury subpoena in Midland and executive transfers to Houston.

Key San Antonio New Hope Oe Key SEC South Texas Richard J. Alario Frances John Jack Loftis Loftis New York Stock Exchange FBI Midland Houston

Odessa stores rush to stock Friday Night Lights film

FNL mania spreads beyond Odessa as retailers report strong demand for the movie based on Buzz Bissinger's book. Om Spencer of t Store notes it is the largest buy for the chain and shelves sold out quickly in Odessa and Midland as shoppers flock to the feature's controversial look at Permian football and local life.

Om Spencer T Store E. 42Nd St Target Odessa Spencer H.G Buzz Bissinger Shelly Rodriguez Video One Midland Kimberly Hoelle Hastings W. Cuthbert Ave

Rehearsal at church grounds trip with White House scare

A church rehearsal provided calm as a custody dispute escalated into a White House incident. A man in a red Michigan van threatened gasoline, prompting police to close streets. Secret Service and FBI spoke with him using a robot facilitated phone, and he surrendered to Metro Police around 7 p.m. Bush’s motorcade rerouted along the parade route near 15th Street and Pennsylvania Avenue.

White House Secret Service Jonathan Cherry Metro Police Fe Bush Debra Weierman FBI Washington Michigan 15Th Street Pennsylvania Avenue Satin Strings

Students tour DC museums amid bus standoff and delays

A group including BrittNN Turner and David Golden faced a bus standoff causing cancellations on a Tuesday trip. They visited World War I Memorial and Smithsonian Museums, ate at Magill's Pizza Buffet, and plan to perform tonight at The Fairfax Retirement Center Fort Belvoir Virginia.

David Golden Golden Don Everett Everett Junior White House Smithsonian Museums Ai Magill Texas Fairfax Retirement Center Fort Belvoir

Also Mentioned on This Page

McDonald Brittnn Turner Ladies Better & Designer Collections Misses Nygard Emma James I.N. Studio Sportswear Judith Hart Ladies Hampshire Studio Sportswear Ladies Westbound Sportswear Ladies Bechamel Sportswear Ladies Stonebridge Sportswear Karen Lessly Napa Valley Sportswear Nike Activewear Dillard Dillard's Visa Mastercard American Express Discover Diners Club Music City Mall
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