Knight Ridder/Tribune Business News articles from October 24 1997

Knight Ridder/Tribune Business News archives from October 24 1997

Florida-Based Sunbeam Is Open to Acquisitions, Opportunities.(Originated from The Miami Herald)
October 24, 1997... Oct. 24--Sunbeam Corp. said Thursday it has taken steps that could lead to the sale of the Delray Beach-based appliance maker only 15 months into Albert Dunlap's three-year contract as its chief executive. Sunbeam's hiring of...

Charlotte, N.C.-Based Ruddick Corp. Posts 12 Percent Earnings Increase.(Originated from The Charlotte Observer, N.C.)
October 24, 1997... Oct. 24--A strong performance by thread manufacturer American & Efird helped its parent, Ruddick Corp., finish its fiscal year with earnings up 12 percent, despite difficulties by grocery subsidiary Harris Teeter Inc. Ruddick...

Belk Brothers Put Their Stamp on North Carolina-Based Retail Empire.(Originated from The Charlotte Observer, N.C.)
October 24, 1997... Oct. 27--A new generation is in store at Belk. On Feb. 24, one month after the death of their father, the three sons of Charlotte merchant Thomas Belk ascended to the co-presidency of the 260- store Belk department store chain. ...

Koch Industries Subsidiary Buys Delhi Group, a USX Affiliate.(Originated from The Wichita Eagle, Kan.)
October 24, 1997... Oct. 23--A subsidiary of Koch Industries Inc. has purchased the Delhi Group, a large natural gas pipeline and processing company affiliated with USX Corp., in the largest single acquisition ever by the Wichita-based company. Koch...

Media Companies Vie to Provide Entertainment Content Online.(Originated from The Miami Herald)
October 24, 1997... Oct. 23--The Internet is turning into a battleground in the newspaper industry's hunt for new readers and advertising dollars. This month, two media giants rolled out local entertainment guides on the Internet. First, Cox...

South African Industrialist to Buy Lexington, Ky. Farm.(Originated from Lexington Herald-Leader, Ky.)
October 24, 1997... Oct. 24--South African industrialist Graham Beck has agreed to buy most of the C.V. Whitney Farm on Bryan Station Road from Whitney's widow, socialite Marylou Whitney. The sale is expected to close next week and will include 420 of...

New Bradenton, Fla., Bank Opens.(Originated from The Bradenton Herald, Fla.)
October 24, 1997... Oct. 24--First Bradenton Bank opens its doors this morning with a real dollar-bill ribbon-cutting ceremony. Depositors can conduct business after the 8:30 a.m. ceremony at the new bank, 5305 26th St. W. Until Jan. 31, the...

Columbia Banking System of Tacoma, Wash., Reports Doubled Profit.(Originated from The News Tribune, Tacoma, Wash.)
October 24, 1997... TACOMA, Wash.--Oct. 24--Columbia Banking System more than doubled its profit in the third quarter. The Tacoma-based parent of Columbia Bank reported Thursday that it earned $1.9 million, or 34 cents a share, in the quarter ending...

Oregon Berry Growers Sue Farm that Sold Plants.(Originated from The News Tribune, Tacoma, Wash.)
October 24, 1997... TACOMA, Wash.--Oct. 24--Some Willamette Valley strawberry growers are pulling up plants they bought from a Puyallup Valley farm because they're the wrong variety and have now become infected with a virus. The virus causes the fruit...

Columbia/HCA Puts Growth of Chain on Back Burner in New England.(Originated from Providence Journal-Bulletin, R.I.)
October 24, 1997... Oct. 24--Columbia/HCA Healthcare Corp. pulled out of its agreement to buy the parent of Norwood Hospital because the national hospital chain wants to de-emphasize expansion, a spokeswoman said. "This is reflective of our strategy to...

Homewood, Ill.-Based Bay Furniture to Open First Indiana Showroom.(Originated from Post-Tribune, Gary, Ind.)
October 24, 1997... HOBART, Ind.--Oct. 24--Bay Furniture will complete its first expansion into Indiana when its fifth store opens along U.S. 30 next month. "Our new Hobart showroom will serve our growing customer base at the southern end of the...

Disco-Era Club in Arlington, Texas, Shakes Its Booty Again.(Originated from Fort Worth Star-Telegram, Texas)
October 24, 1997... ARLINGTON, Texas--Oct. 24--In the 1970s and part of the 1980s, the Cibola Club lit up the local nightclub scene. Then for a dozen years, the club, located in the Comfort Inn on East Division Street, was deader than disco. ...

More Than 1,300 Kansas City Area Doctors to Cooperate in New HMO.(Originated from The Kansas City Star, Mo.)
October 24, 1997... Oct. 24--More than 1,300 Kansas City area doctors plan to cooperate in a new health-care network called Choice HealthSource Inc. The group was formed recently by Community Health Partners, an Overland Park-based doctors' group that...

Investors Send Shares of California's Endosonics Plunging.(Originated from The Sacramento Bee, Calif.)
October 24, 1997... Oct. 24--Shares of Endosonics Corp. fell 33 percent Thursday after the Rancho Cordova medical supply company reported a staggering third quarter loss of $45.4 million. The shares closed at $12.87 1/2, down $6.25. Company...

Utah Firms Use Barter System to Trade Goods, Services.(Originated from The Salt Lake Tribune)
October 24, 1997... Oct. 24--When Mark Osborn needed to resurface his company's parking lot, repair the copier and fix the roof this past year, he didn't pay a dime in cash. Instead, Osborn, president of sportswear manufacturer Osborn Specialty Sewing...

In Grapevine, Texas, Mall Stores Struggle to Fill Jobs.(Originated from Fort Worth Star-Telegram, Texas)
October 24, 1997... GRAPEVINE, Texas--Oct. 24--With just six days until Grapevine Mills opens, as many as 1,000 jobs still need to be filled. But the stores have managed to line up some 4,000 employees -- enough to keep shelves stocked, answer...

Airline Officials Report Good Times for Industry.(Originated from Fort Worth Star-Telegram, Texas)
October 24, 1997... FORT WORTH, Texas--Oct. 24--How good is it these days for the nation's airlines? So good that Southwest Airlines could see its capacity grow three times more than its ridership and still report a 52 percent-increase in its...