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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jan 23, 2001
Page
10
A National Grid executive will address attendees at the Loraceed Marin Conference Center in Liverpool. The event site is the Execwroales Business Park, Buduieg 6, and is free and open to the public.
Nuegara Monawk's board of threctors on Monday declared dividends at the prescribed rates for all series of the company's pregarred stock. The first quarter dividend rate per annum is 6.5 percent for Aries A preferred stock, 7.3 percent for Si and 7 percent for Si C. These rates equate to per share payments of 0.40625, 0.46875 and 0.4875 respectively. Preferred dividends are payable March 31 to holders of record as of March 9.
Dell warns it will not meet its fourth quarter earnings and revenue targets as demand for personal computers and services remains weak. The company expects earnings for the quarter ending Feb 2 to be between 15 and 19 cents per share, below the prior 26 cent target and below analysts’ 25 cent estimate.
Timothy Faulkner of Onondaga was promoted to associate at Clough Harbour and Associates Engineers Surveyors and Landscape Architects. Richard Rappa was promoted to partner at the firm. Kemper Insurance opens a Syracuse office at Saline Meadows Office Park with Vincent Gianotti named small business group executive and others as regional managers and managers in the Small Business Center.
The case centers on charges for using regional Bell networks and the FCC pricing framework. Verizon and other Bell entities push for a cost based structure reflecting historical network costs, while rivals urge market entry options and fair pricing to expand consumer choice. WorldCom stresses competitive gains and calls for timely reform to boost local phone competition amid Cable and other IP alternatives.
Converse Inc a Boston area sneaker maker known for Chuck Taylor plans to shut Lumberton North Carolina Mission Texas and Reynosa Mexico plants by March 31 as it reorganizes under Chapter 11. The company and 1000 workers face a shift to licensing and Asia-based production while Global Brand Marketing Inc. pursues U.S. licensing rights.
J C Penney plans to close its Ithaca Pyramid Mall department store due to sales underperforming expectations. The move affects about 84 employees and follows closures of other Central New York Penney locations and Eckerd drugstores as the retailer retrenches after a weak holiday season.
Chiquita, the Cincinnati based giant, argues EU import quotas hurt its global business. The company says EU rules since 1993 damaged its market share and profits, threatening bankruptcy and triggering a long running trade dispute with the United States and WTO rulings.
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