Knight Ridder/Tribune Business News articles from October 12 1995

Knight Ridder/Tribune Business News archives from October 12 1995

Reffner to Close Wichita, Kan., Sporting Goods Store.(Originated from The Wichita Eagle, Kan.)
October 12, 1995... Oct. 13--After 17 years at Central and Oliver, Reffner's Sporting Goods, will close. In May, Dennis Reffner closed his Topeka store in the Westridge Mall. A store in the Hutchinson Mall in Hutchinson, where Reffner lives, will remain open....

Learjet Hires Top Executive at AlliedSignal.(Originated from The Wichita Eagle, Kan.)
October 12, 1995... Oct. 13--Brian Barents has scored a hiring coup, snatching away one of aviation's most-respected executives for a new position at Learjet Inc. Jim Robinson will become executive vice president of Learjet early next month, moving into a position...

North Carolina's First Bancorp Names New CEO.(Originated from The Charlotte Observer, N.C.)
October 12, 1995... Oct. 13--First Bancorp on Thursday named 26-year employee James Garner chief executive and president of the Troy-based banking company. Garner replaces James Gunter, 51, who said he was leaving because of differences over the company's...

Damage Estimate for Hurricane Opal Grows to $2.1 Billion.(Originated from The Miami Herald)
October 12, 1995... Oct. 13--The official estimate of insured damages from Hurricane Opal broke the $2 billion barrier on Thursday when an insurance industry group estimated total losses from last week's storm at $2.1 billion. The estimate by Property Claim...

Stockholders Delay Bank Merger of California's Vallicorp, El Capitan.(Originated from The Modesto Bee, Calif.)
October 12, 1995... SONORA, Calif.--Oct. 13--El Capitan National Bank stockholders postponed approval of the bank's merger with ValliCorp after the Fresno holding company reported third-quarter loan losses of $24 million and a substantial drop in earnings....

The Miami Herald Business Briefs Column.(Originated from The Miami Herald)
October 12, 1995... STATE FARM MAY RAISE AUTO RATES Oct. 13--Insurance rates may be headed higher for drivers insured by State Farm Insurance. The state's largest automobile insurance company has asked state regulators for permission to raise rates for most...

Miami Clock Repairer, 81, Has No Plans to Wind Down.(Originated from The Miami Herald)
October 12, 1995... Oct. 13--In a storefront nook the size of a bedroom closet, serenaded with sounds of seconds passing, Joseph Kehrhahn concentrates on clocks. And forgets time. With the breeze from a fan cooling his sweating brow, he cradles a Baccarat...