Venture Stores and Perm Corp High-Yield Converts
Venture Stores and Perm Corp are analyzed for earnings, dividends, and merger potential. Venture’s 3 million preferred is convertible and callable with strong dividend protection. Perm’s 2.2 million common shares and a $2.13 dividend on its preferred offer risk-rated income. Market outlook suggests limited merger chances for Perm while Venture could see refinanced structure if operations improve.
MENTIONED IN THIS ARTICLE
Venture
Perm
Corp
Ae Well Usdin
Instituttons Wal Street
Peria
Ana
United States
Leveyl
Permnn
Stock Market Rallies on Imation Outlook Dow Surges
The market extended gains with the Dow Jones Industrial Average rising 65.84 points to 5.75 as investors priced in a brighter economic outlook. The index logged a three day gain surpassing 160 points, with broad market strength and long term rates at the lowest since May.
W&G Enterprises Pet Care Opens In Onondaga County Area
Linda Grice and Venus Ware run W&G Enterprises a two person at home pet care service based out of Liver pool with a PO box 692. They serve Onondaga County and Southern Oswego County and have been in business since January. Former Cardinal Health warehouse workers they aim to surpass customer expectations by making pets feel as if their owners are present. The pair note trust as a hurdle for new clients and aim to grow clientele and the service area.
MENTIONED IN THIS ARTICLE
W&g
Liverpool
Linda Grice
Venus Ware
Peta Agee
Onondaga County
Oswego County
Grice
Waite
Cardinal Health Group
Phiosophy
Company Snapshots Offer Local Business Spotlight
A Herald Journal business page note invites locally owned firms in business over six months to submit for a Company Snapshots feature. Contact Charles Elles at P O Box 4915 Clinton Square Syracuse NY 13221 or via 470 3023 or 470 3019 fax for ordering details.
MENTIONED IN THIS ARTICLE
Charles Elles
P.O
Clinton Square
Syracuse
N.Y
Susan Royal
t/o
Herald= Journal Business Desk
Trustee Sues Generali Over Bennett Funding Losses
Bankruptcy trustee Richard C Breeden targets Assicurazioni Generali PA Italy in a July 25 filing. He seeks payment for alleged shortfalls on Bennett Leasing and Resort Funding leases, arguing the insurer should cover losses named as loss payee under the policies. The suit accuses Generali of failing to acknowledge coverage and demands court orders to pay Breeden on behalf of Bennett entities and exclude other proceeds. The case ties to alleged $570 million of been securities sales and fictitious leases by Bennett Funding.
MENTIONED IN THIS ARTICLE
Bennett Funding Group
Bennett
Richard C Breeden
Assicyrazioni Generali,pa
Italy
Generali
Naheres
Alona Leasing and Resort Funding
Lawsui
Breeden
Generals
Pol
Sust
General
Bernett Companies
Tameshare
Securities and Exchange Commission
Breedens
Airlines slash fares not linked to disasters
Major airlines slash air fares up to 40 percent for the fall travel season. Industry expects seasonal changes to drive prices, not the recent TWA and ValuJet crashes. American leads with international cuts next month, matched by TWA United Delta Virgin Atlantic and Lufthansa. Examples include a 30 percent drop New York to San Juan to 260 and 25 percent Miami to Paris to 518.
MENTIONED IN THIS ARTICLE
TWA
Tom Parsons
Best Fares
Arlington
Texas
American Airlines
United Airlines
Delta
Virgin Atlantic Airways
Lufthansa
Americar
New York
San Juan
Miami
Paris
Boeing to Buy Rockwell Space Unit for 3 Billion
Boeing Co agrees to acquire Rockwell International space, defense unit for about 3 billion. Deal elevates Boeing as NASA and Pentagon contractor, with antitrust reviews and stockholder approval due around November. Boeing would gain half ownership of United Space Alliance, the Lockheed Martin Rockwell joint venture managing NASA’s Space program. Job cuts expected to be minimal.
MENTIONED IN THIS ARTICLE
Aerospace Gant Boeing Co
Rockwell International Corp
NASA
Boeing
United Space Alliance
Lockheed Martin Corp
Rockwell
Beng
Orlando Santine
Syracuse ad agency changes and staff promotions
Designworks Advertising in Syracuse appoints Snavlin graduate as director and Emily Cielock as office manager. BGW Services promotes Milane Herbold to remediation manager and Geoffray Miller to project manager. Sterns & Wheler promotes multiple environmental engineers and scientists in Cazanovia and Syracuse, naming many new project managers engineers and scientists.
MENTIONED IN THIS ARTICLE
B Designworks Advertising Inc
Syracuse
Snavlin
Syracuse University
School of Visual and Performing Arts
Emily Cielock
Memphis
Milane M. Herbold
Geoffray G. Miller
BGW Servtons Inc
Gazenovna
Sterns & Wheler
Cazanovia
Brett Boskiewicz
Ken Bruce
Stephen Buck
Kenly
Diane Clark
Gregory Coras
David Darting
Rick DeVaul
Thomas Friedrich
Michelle Gold
Scott Grabenk
Dank Haberek
Niagara Mohawk to buy out 44 independent power contracts
Niagara Mohawk proposes to buy out 44 independent power contracts to soften its finances and enable a split of the company. The offer, disclosed Thursday, seeks approval from independents and state regulators and could lower above market costs for customers if approved.
MENTIONED IN THIS ARTICLE
Magara Mohawk Power Corp
Davis Niagara Mohawk
Magara Mohawk
William Davis
Niagara Mohawk
Independent Power Producers of New York Inc
Albany Cotsay
COE
Utica Bond Rating Dropped Again by Moody's
Moody's lowers Utica's grade to B for the second time in a month, signaling rising borrowing costs as investors pull back on city bonds. The city plans to float 26 million for capital projects and debt payments while a plan to fix chronic finances is sought.
MENTIONED IN THIS ARTICLE
Wall Street
Utica
Moody's Investors Service
Tate
Utalaw
Camtal
Sandie
Ras Wongral Tha
Moody's
Patricia McGuigan
Also Mentioned on This Page
Lidusscouutt
Chicago
St Loui
Kansas City
Indianapolis
Oklahoma City
Dallas/Fort Worth
Houston
Hawehirams Neste Mandy
Malcolm Berko
Coley News
Herald-Journal
Berko
Syracuse Herald-Journal
Boca Raton
Fis
Snapshot
Clentele
Rah
Stermai
Cepli Shee
W&g Enterprises
Omen
Rotheiler
Onondaga Lake Park Trail
Saenshattuns
Ces
Aloha
Jr. Smith
Geneva
Finger Lakes
Seneca Falls
New York State Departtment of Labor
Seneca County Employment and Training Center
Rockwell Space
Pentagon
Seattle
Ea Ay
Debra Becker
Latorra, Paul & McGannad- Moran Ane
Sytaruer Tecewedd
Cen Inat
Women In Communications
Ine
Beminais
Pau Jonnette
Proret Man
Company Matters
Cielock
Herald- Journal
Diecaianng
Anon
NiMo
James T. Mulder Stall Winer
Aiver
Camp Delton
Peggy Jones
Prudential Securities
Robert Cersler
New York Citizens Utity Board
Deisler
Niagara Mohawks Electric and Gas Transmission
Osh
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