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Odessa American in Odessa, Texas

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jul 21, 2004

Page

8

Oklahoma City woos Dell for riverfront computer center

Oklahoma City considers a package to lure Dell Inc with about 60 acres of riverfront land, city financed roads and infrastructure. Dell also weighs Norman site. decision expected within two weeks. Riverfront redevelopment aims to spur urban waterway development and job creation.

Oklahoma City Dell Inc Oklahoma Oklahoma River Round Rock Mick Cornett Dell Norman Cornett Oklahoma City Riverfront Pat Downes Riverfront Authority U.S. Army Corps of Engineers Downes

Microsoft to pay 75 billion to shareholders

Microsoft plans up to 75 billion in dividends and stock buybacks over four years. A one time dividend of 3 dollars per share and annual dividends doubling to 32 cents per share accompany up to 30 billion in share repurchases. Executive says R D will not be cut. Steve Ballmer notes continued major investments.

Seattle Microsoft Corp Redmond Microsoft Steve Ballmer

Oil giant eyes Libya return after sanctions lift

ChevronTexaco officials met Libyan oil executives in Tripoli to discuss investing in Libya’s oil and gas industry. Spokesman Andy Norman said talks are preliminary and the company is very interested in returning now that U.S. sanctions have been lifted. Chevron operated in Libya for decades before joint ventures were seized in the 1970s.

Washington Dow Jones/AP ChevronTexaco Corp Tripoli Pariah ChevronTexaco Andy Norman U.S Libya United States Chevron Texaco National Oil Corp

Nigerian chosen to lead Shell Nigeria subsidiary

Basil Omiyi was named managing director of Shell Petroleum Development Company of Nigeria Ltd, becoming the first African in the post. The appointment aims to appease unions and ethnic groups amid production threats as multinationals lean on West Africa for oil. Omiyi takes the role Sept. 1, guiding Nigeria's top oil producer in Africa's largest exporter.

Lagos Nigeria Royal Dutch/Shell Basil Omiyi West Africa Middle East Omiyi Shell Petroleum Development Company of Nigeria Ltd Africa

Wells Fargo profits rise over 12 percent in Q2

Wells Fargo & Co. reported second-quarter net income of 1.71 billion dollars or 1 a share, up from 1.53 billion or 90 cents a share a year earlier. The results reflected 14 cents a share in charges for balance sheet repositioning due to higher rates, a 14 billion dollar securities and mortgage sale, plus 1 cent a share from market-sensitive income.

San Francisco Dow Jones/AP Wells Fargo & Co

Texas Instruments profits triple on strong demand

Texas Instruments reported April-June profits of 441 million dollars or 25 cents per share, up from 121 million or 7 cents a year earlier. Revenue rose 39 percent to 3.24 billion as demand for chips for mobile devices continued, meeting Wall Street expectations. Continental Airlines posted a 17 million dollar quarterly loss due to fuel, taxes, and leased aircraft retirement. RadioShack posted a 19 percent rise in second quarter profit to 68.3 million dollars on 1.05 billion in revenue, lifting full-year earnings guidance.

Dallas Texas Instruments Inc Wall Street Thomson First Call Houston Continental Airlines Inc Continental Fort Worth Dow Jones/AP RadioShack Corp

Also Mentioned on This Page

Wells Fargo Texas Instruments RadioShack Tol Eye Clinic Nalin H. Tolia The American Board of Ophthalmology Eastridge Rd Odessa Ini Kelly Grimsley KANOL ASE ICAR Martin Senour Ine Dly Garay Odessa American Advertising Department W. Co. Rd W. Murphy Texas Tmo Il A Cellular One Texas Tech University Health Sciences Center School of Medicine Leonidas S. Miranda Texas Tech Health Center Miranda Permian Basin Wwrw Cahatak Coop Ns! Ci W. University Odessa, TX
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