St. Louis Business Journal articles from March 2001

St. Louis Business Journal archives from March 2001

3 Monsanto execs in line for incentive pay of $14 million.(Brief Article)(Statistical Data Included)
March 2, 2001... Three top executives at Monsanto Co. -- Hendrik Verfaillie, Hugh Grant and Robert Fraley -- replaced golden parachutes worth more than $14 million with incentive programs tied to the company's 2001 performance. The new incentives, packaged...

Wash U.'s $1 billion plan.(Washington University to build new buildings)(Brief Article)(Statistical Data Included)
March 2, 2001... Washington University plans to spend $1 billion over the next decade on new buildings at its Hilltop campus and School of Medicine. That means the university is likely to reach building capacity on its Hilltop campus by 2017, said Richard...

A.G. Edwards spins off 1,800-person tech unit.(A.G. Edwards Technology Group Inc.)(Brief Article)
March 2, 2001... A.G. Edwards Inc. has spun off the 1,800 workers in its information technology division into A.G. Edwards Technology Group Inc. The wholly owned subsidiary is headed by Robert Bagby, the chairman and chief executive, and Mary Atkin, the...

Laclede Steel's woes continue; sales down 14%.(Brief Article)(Statistical Data Included)
March 2, 2001... Company notifies lenders it may violate some financial covenants Laclede Steel Co., which emerged from bankruptcy protection barely two months ago, could violate some financial covenants in its loan agreements by March 31. The steel...

Unpaid bills.(Bridge Information Systems)(Brief Article)(Statistical Data Included)
March 2, 2001... Bridge Information Systems owes $2.6 million to two local firms, according to a list of the company's largest unsecured creditors filed with the U.S. Bankruptcy Court in St. Louis. Bridge owes $2.4 million to Deloitte & Touche in St. Louis and...

Cutting costs.(Trans World Airlines cuts ad budget)(Brief Article)(Statistical Data Included)
March 2, 2001... Trans World Airlines, also in bankruptcy court, has shaved its ad budget 75 percent compared with a year ago, said spokesman Mark Abels. Spending in 2000 was an estimated $30 million in the United States and $20 million abroad. American...

Get the message.(UMB Financial Corp. holds review)(Brief Article)
March 2, 2001... UMB Financial Corp. has invited 11 advertising agencies, including some in St. Louis, to make a pitch for its advertising work -- a $2 million account last year, according to Voice Trak of Tucson, which monitors ad spending. UMB also notified...

Spotlight.(Sports Illustrated for Women)(Brief Article)
March 2, 2001... The upcoming NCAA Women's Final Four, inspired Sports Illustrated for Women to invite readers to "Meet Me In St. Louis." The magazine touts the area's sports and cultural icons in its March/April issue. On the same days as the NCAA...

On board.(U.S. Bancorp board of directors)(Brief Article)
March 2, 2001... Thomas Jacobsen and Patrick Stokes are the only carry-overs from Mercantile Bank on the new U.S. Bancorp board of directors, created after the Firstar-U.S. Bancorp merger. Jacobsen was chairman of Mercantile before Firstar bought it in 1999....

Road show.(Gateway Truck Plaza Inc. opens medical clinic)(Brief Article)
March 2, 2001... It's health care to go at Gateway Truck Plaza Inc. in East St. Louis. Providence Occupational Health Services has opened a medical clinic there that offers health-care services to a mobile work force, including Department of Transportation and...

Room service.(Saint Louis University)(Brief Article)
March 2, 2001... Saint Louis University is negotiating to lease part, of the former Compton Heights Hospital building to a hotel chain, according to a monthly newsletter from-the Rev. Lawrence Biondi, SLU president. The unidentified chain would provide hotel...

Trotter's media firm files suit against airport, KMOX.(MultiMedia Services)(Brief Article)(Statistical Data Included)
March 2, 2001... MultiMedia Services, a marketing firm owned by Gentry Trotter, filed lawsuits against Lambert-St. Louis International Airport, KMOX-AM and Charles Brennan, a KMOX talk show host, in state circuit court Feb. 28. The lawsuit naming KMOX and...

Ralston sells $33 million worth of stock in Conoco.(Brief Article)(Statistical Data Included)
March 2, 2001... Ralston Purina Co. got a jump on divesting some of its Conoco Inc. stock, selling shares worth $33.2 million during the last quarter of 2000. That helped boost the pet food company's earnings by $300,000 after taxes, according to Ralston's...

Corrections.
March 2, 2001... Gallop, Johnson & Neuman L.C. In the list of Largest Law Firms in the Feb. 23 issue, Gallop, Johnson & Neuman's fee range was incorrect. It should have been listed as $115-$300. StreamSearch.com StreamSearch.com is still in...

Maverick Tube's profit jumps, but stock slumps.(Brief Article)(Statistical Data Included)
March 2, 2001... While soaring natural gas prices have homeowners and businesses reaching deeper into their pockets to cover winter bills, Maverick Tube Corp. is riding the crest of higher prices to one of its most profitable years. "Because of the...

$41.5 million buys 50% stake in Jackson Products.(for Summit Capital Group)(Brief Article)
March 2, 2001... Summit Capital Group, a Houston-based private equity firm, has bought 50 percent of the common stock of Jackson Products Inc. in Chesterfield for $41.5 million. The new ownership gives Jackson Products strong backing to expand internally...

Adamson wins $2 million Gundaker account.(Gundaker Realtors awards advertising account)(Brief Article)
March 2, 2001... Gundaker Realtors has named Adamson Inc. to handle its $2 million annual advertising account. The assignment came following a competitive pitch for the work, said Glenn Vatterott, Gundaker's director of marketing. Gundaker initiated...

Union Station's plan for outlet stores derailed.(St. Louis Union Station)(Brief Article)
March 2, 2001... A plan to bring upscale outlet stores to downtown's St. Louis Union Station has been scrapped. "With the Mills project going in Hazelwood, trying to do the outlet thing was not going to work out," said Steve Miller, referring to a proposal...

Corps seeks comment on proposed Missouri Mills mall.(Army Corps of Engineers)(Brief Article)
March 2, 2001... The 1.5 million-square-foot destination mall proposed by Arlington, Va.-based Mills Corp. still needs a permit from the U.S. Army Corps of Engineers allowing retail development before it can proceed. The mall -- dubbed Missouri. Mills --...

XO defies trends, invests $19 million to grow here.(XO Communications Inc., St. Louis)(Brief Article)(Statistical Data Included)
March 2, 2001... XO Communications Inc. is spending more than $19 million to expand its fiber optic network in St. Louis, despite an economic slowdown that has depressed its stock price and the telecom industry. Overall, the Reston, Va.-based company will...

Mullenix buys Brittany Acres, sees airport expansion creating demand.(Mullenix Cos. buys apartment complex from Koman Group)(Brief Article)
March 2, 2001... After 40 years of competing with Brittany Acres, the Mullenix Cos. now owns the apartment community in Bridgeton. Mullenix paid The Koman Group $9.7 million for the complex, which is across Natural Bridge Road from the 212-unit Carrollton...

Post-Dispatch circulation drops 6.6% to 291,869.(St. Louis)(Brief Article)(Statistical Data Included)
March 2, 2001... Feb. 28 -- Pulitzer Inc. reported daily circulation of the St. Louis Post-Dispatch for the five weeks ended Feb. 4 was 291,869, down about 6.6 percent from 312,525 over the same period last year. Sunday circulation dropped about 8.1 percent, to...

Charter Communications.(acquires portions of AT and T Broadband's cable system)(Brief Article)
March 2, 2001... Feb. 28 -- Charter Communications plans to buy the St. Louis area cable systems of AT&T Broadband. In addition, Charter plans to purchase AT&T cable systems in Nevada and Alabama Charter will pay $1.79 billion to AT&T Broadband for the...

CPI Corp.(David Pierson appointed chairman, chief executive)(Brief Article)
March 2, 2001... Feb. 28 -- David Pierson has been named chairman and chief executive of CPI Corp. effective March 12. Pierson succeeds Alyn Essman, who is retiring. Pierson was most recently president of licensed brands for Cole National Corp., which...

St. Louis Rams.(naming rights partnership with TWA ends)(Brief Article)
March 2, 2001... Feb. 28 -- The St. Louis Rams are officially looking for a new stadium sponsor. The Rams and Trans World Airlines have agreed to terminate TWA's sponsorship agreement for naming rights to the Trans World Dome. Mark Abels, TWA's vice...

The May Department Stores Co.(includes employees in profit sharing plan)(Brief Article)
March 2, 2001... Feb. 27 -- The May Department Stores Co. has allotted $52 million to 52,000 employee members of its profit-sharing plan. The company said the matching allocation rate is 92 percent of associates $56 million in matchable contributions in...

Amdocs.(extends software contract with Esat Digifone)(Brief Article)
March 2, 2001... Feb. 27 -- Amdocs has extended its billing software agreement with an Irish cellular phone company. Esat Digifone can now activate cellular phones for customers at the time of purchase using Amdocs' Web-based remote dealer capability. Esat...

Bi-State.(new transit lines)(Brief Article)
March 2, 2001... Feb. 26 -- Bi-State's St. Clair County MetroLink extension will open May 7. A new feeder bus service will also launch that day in St. Clair County. The St. Clair County extension is a 17.4-mile stretch from the 5th and Missouri station in...

UGS.(opens California headquarters)(Brief Article)
March 2, 2001... Feb. 23 -- UGS, formerly Unigraphics Solutions, has announced that along with a new corporate strategy and name comes a new headquarters location in Cypress, Calif. Company spokesman Jim Phelan said the company is still committed to St. Louis...

PEOPLE.(appointments and selections in St. Louis business)
March 2, 2001... Accounting Manny Smith has joined CBIZ-The Weiss Group as practice leader for, the IT consulting services department. At Humes & Barrington P.C. Barbara DuBois has been promoted to senior manager and Donna Bodenschatz has been promoted...

SLUCare, Esse interested in Tenet's cardiac cath lab.(Tenet HealthSystem, cardiac catheterization facility at Des Peres Hospital)(Brief Article)
March 2, 2001... A new cardiac catheterization facility is expected to open later this year at Des Peres Hospital as a joint venture by Tenet HealthSystem and a group of area cardiologists. The plan updates a proposal submitted to state health-care...

'Liquid magnets'.(Hydro Dramatics designs, installs fountains)
March 2, 2001... Fleissig, Friedman create drama with fountains Business activity: There is a saying that Bruce Fleissig likes to quote, "Fountains are like liquid magnets." For Fleissig and Kerry Friedman the saying has particular significance. They...

Jon Hart aims to create smiles 'one play at a time'.(That's Me Sports, Coca-Cola Co., specialized recordings)(Brief Article)
March 2, 2001... Jon Hart's approach to business isn't the norm -- but maybe it should be. Instead of promoting his company's brand name, That's Me Sports, Hart's company promotes the "brands" of those using his products. Currently, the brands are...

Is total agreement possible?(how to avoid unpleasant disagreements)(Brief Article)(Column)
March 2, 2001... In the past we have touched upon the fact that there is very little in life upon which there is total agreement. If that is agreed upon as being true, then why should anyone be upset if there is difficulty finding or having total agreement?...

LARGEST CHAMBERS OF COMMERCE.(in the St. Louis, Missouri, area)(Statistical Data Included)
March 2, 2001... LARGEST CHAMBERS OF COMMERCE Beth Miller (RANKED BY TOTAL ANNUAL BUDGET) Chamber address (rank last year) ...

Charity golf tournaments becoming big business.(Statistical Data Included)
March 2, 2001... Entertain clients. Network with potential customers and vendors. Help local charities. Take the day off to play golf, or watch a major professional sports event. That "checklist" is motivating business sponsors and volunteers, charities...

Good, new public courses impact club memberships.(St Louis area has new public golf courses, which have taken business away from private clubs)(Brief Article)(Statistical Data Included)
March 2, 2001... A rapidly growing number of public golf courses seems to have had an impact on private clubs in the metropolitan area, siphoning off both tournament and individual play. The average number of rounds played annually at local private clubs...

Golf outing offers relaxed way to conduct business.(Brief Article)
March 2, 2001... In contemporary corporate culture, business conducted out of the office is as commonplace as behind a desk. One favorite out-of-the-office activity, golf, offers an alternative back-drop for establishing contacts, reinforcing...

Makeover of Boone Valley event ensures big finish.(Boone Valley Classic; renamed Enterprise Rent-A-Car Match Play Championship; on Senior PGA Tour)(Brief Article)
March 2, 2001... The professional golf landscape in St. Louis is crowded this year due to the World Golf Championships, which boasts phenom Tiger Woods. So, recent improvements to the Boone Valley Classic could not have come at a better time. ...

$300,000 purse, match play make Senior PGA event unique.(Enterprise Rent-A-Car Match Play Championship alters format from standard Professional Golfers Association events)(Brief Article)
March 2, 2001... The first-of-its-kind format of the Enterprise Rent-A-Car Match Play Championship was the result of years of lobbying, good timing and a financial carrot. The event features two days of stroke play among a standard 78-player field, then...

Stock Transactions.(some stock transactions involving St. Louis-area companies: Earthgrains Co., A.G. Edwards Inc., Brown Shoe Inc., and UMB Financial Corp.)(Brief Article)(Statistical Data Included)
March 2, 2001... The following purchases or sales of stock in St. Louis-based companies or in companies with St. Louis-based subsidiaries or divisions have been reported to the U.S. Securities and Exchange Commission by officers, directors and owners of more...

Where we stand.(ranking of metropolitan regions according to percentage of high-growth firms as a proportion of total job growth)(Brief Article)(Statistical Data Included)
March 2, 2001... How St. Louis measures up against other cities The fact that the St. Louis area makes a strong showing proves that our community is doing a better job than it used to of providing entrepreneurs with the resources they need to compete. In...

St. Louis Children's Hospital.(statistics for 1999)(Brief Article)(Statistical Data Included)
March 2, 2001... Ted Frey President and senior executive officer St. Louis Children's Hospital, with 235 beds, is recognized nationally for leadership in the treatment of pediatric illnesses, injuries and congenital disorders. The hospital is part of...

For what it's worth.(two recent real estate transactions in St. Louis area)(Brief Article)(Illustration)
March 2, 2001... Highlighting some of the most recent commercial real estate transactions in the St. Louis area. LOCATION: 13707 Green Ash Court, Earth City DATE SOLD: Dec. 4, 2000 NEW OWNER: AEX LLC AGENT: Not available FORMER OWNER:...

ZOLTEK COS. INC.(profile)(Brief Article)(Company Profile)(Statistical Data Included)
March 2, 2001... Zsolt Rumy Chairman, president and chief executive Zoltek Cos. Inc. makes carbon fibers that are used in a wide range of products, including aircraft brakes, vehicle air bags, building composites, compressed natural gas tanks and...

St. Louis Stocks.(stocks of local companies for week ending February 28, 2001)(Statistical Data Included)
March 2, 2001... St. Louis Stocks Close Close Percentage Company Symbol Exchange 2/21/01 2/28/01 change A.G. Edwards AGE N ...

Emerson.(stock analyst rating)(Brief Article)
March 2, 2001... Feb. 1, $76 First Union Securities Inc. Market perform. At Emerson's annual investor conference in New York on Jan. 31, chief executive Dave Farr expressed confidence that Emerson will achieve fiscal year 2001 earnings per share growth...

Anheuser-Busch Cos.(stock analysis by A.G. Edwards)(Brief Article)(Statistical Data Included)
March 2, 2001... Feb. 8, $41.54 A.G. Edwards Maintain/Conservative. Anheuser-Busch reported fourth quarter earnings of $0.23 per share, rounding out full-year results at 1.69 per share, 15 percent ahead of 1999's $1.47 per share, and marking the...

May Department Stores.(stock analyst rating)(Brief Article)
March 2, 2001... Feb. 15, $38.11 Edward Jones Buy. May Department Stores enjoys one of the lowest cost structures within the department store industry, boasts one of the highest sales per square foot among its peers and has the financial strength and...

Lewis and Clark Community College partners with I/Tech for computer training classes.(Brief Article)
March 2, 2001... Lewis and Clark Community College is partnering with I/Tech Services Inc. to enhance the skills training it provides local businesses. I/Tech is a Microsoft Certified Technical Education Center in Frederick, Md., that specializes in...

Bank Building joins NewGround; Kevin Blair named president, COO.(Bank Building Corp., NewGround Resources Inc.)(Brief Article)
March 2, 2001... Bank Building Corp. has joined with five other companies to form NewGround Resources Inc., and Kevin Blair has been named president and chief operating officer. Blair, who was president of St. Louis-based Bank Building Corp. since 1998,...

Investing in intellectual capital.(Washington University to invest $100 million annually in St. Louis)(Brief Article)
March 2, 2001... Who's investing in St. Louis? Washington University, to the tune of $1 billion over the next decade. That's approximately $100 million a year. It's an impressive statement about the future of St. Louis. Combined with the incredible...

Who's calling?(Bill Maritz and the dinnertime telemarketer)(Brief Article)
March 2, 2001... Over 16 years ago, this column was written here about a friend of mine. At the time, there seemed no need to mention his name. You finally get home at night after a hard day. You're still going a hundred miles an hour, and all you want to...

Local companies play key role in saving lives.(Red Cross Month)(Brief Article)
March 2, 2001... March is national Red Cross Month, an annual tradition dating back to the presidency of Theodore Roosevelt in 1943. Originally started as a membership drive and fund-raiser in World War II, Red Cross month has evolved into an opportunity...

Letter to the editor.(a wish list for St. Louis)(Brief Article)(Letter to the Editor)
March 2, 2001... 100 Leaders Editor: The Feb. 2-8 issue of the St. Louis Business Journal profiled 100 area "Leaders to Watch" in which prominent city and county business, civic and religious icons waxed poetically about their vision for the region....

BJC on road to recovery, shows $20 million gain.(BJC Healthcare)(Brief Article)
March 9, 2001... BJC HealthCare posted a $20.6 million operating profit in 2000 -- a $45 million improvement from 1999. But charges tied to changes in BJC's insurance businesses pushed the system's bottom line into the red, with a net loss of $44.3...

Express Scripts on a roll despite setbacks in 2000.(Express Scripts Inc.)(Brief Article)
March 9, 2001... Eliminates $165 million, headache as revenue jumps 58 percent to $6.8 billion Express Scripts Inc. has closed the books on its investment in the online drugstore PlanetRx.com Inc., writing off the entire $165 million value of its PlanetRx...

Inside the Savvis sell-off.(Brief Article)
March 9, 2001... Company expects to get $100 million within 90 days Six institutional investors cut their stakes in Savvis Communications Corp., a financially troubled Internet service provider. Meanwhile, there is some hope of turning things around....

Pressure to lease.(brokers battling to fill more than 825,000 square feet in three new office buildings in Clayton)
March 9, 2001... The boom economy of the late '90s boosted demand for new office space, especially in Clayton. Now, with the economy slowing, brokers are battling to fill more than 825,000 square feet in three new office buildings there. The recently...

Raising the bar.(Charles Polk, new vice chairman at Lathrop and Gage)(Brief Article)
March 9, 2001... The Kansas City law firm of Lathrop & Gage has a new vice chairman based in St. Louis. He's Charles Polk, who led the last six attorneys from the St. Louis office of Doepken, Keevican & Weiss, which closed March 1. Polk is an adviser to U.S....

Back to the future.(Construction under way on new retail shop at Gateway Arch visitor's center)(Brief Article)
March 9, 2001... Construction is under way on a new retail shop at the Gateway Arch visitor's center. Levee Mercantile, patterned after an 1870s-style riverfront general store, is set to open Memorial Day weekend. The shop will feature hearth-baked bread,...

Fresh air.(parking improvement at Straub's)(Brief Article)
March 9, 2001... Straub's will add outdoor seating for up to 36 people at its Clayton store, as part of a $100,000 parking improvement effort. Pending approval of the Clayton aldermen, Manager Paul Poe said the store will build stairs and ramps on the west...

It adds up.(Citerman and Tumbarello P.C. merges into Larson Allen Weishair and Co.)(Brief Article)
March 9, 2001... Citerman & Tumbarello in Clayton becomes the fifth area accounting firm to merge into the St. Louis office of Larson, Allen, Weishair & Co. Larson, Allen, based in Minneapolis, expects the deal to help local operations reach $8 million in...

Go deep.(Mark McGwire to promote baseball)(Brief Article)
March 9, 2001... Mark McGwire talk about the philosophy of hitting in a new TV ad package promoting Major League Baseball games airing on DirectTV satellite television. Terms of the one-year deal between McGwire and DirectTV were not disclosed, according to a...

Sound of music.
March 9, 2001... Mars Music, Third Eye Media, Schlafly Brewing and KDHX-FM are among early sponsors of Women in Rock, a nonprofit start-up promoting collaborations among local female singers and songwriters. Jeff Harlan, a former Huntleigh Financial...

Hat trick.(Brenda Young's hat manufacturing firm)(Brief Article)
March 9, 2001... After a failed effort to buy her former employer, Schneider Brothers Millinery, Brenda Young has started her own hat manufacturing firm. B Young Originals sold 22 of the 24 designs it presented at the Dallas Trade Mart, and Young and her four...

Keep the faith.(Lisa Trevino Cummins appointed to Office of Faith Based Planning)(Brief Article)
March 9, 2001... When President George Bush called, Lisa Trevino Cummins responded. She resigned from the board of directors of the National Benevolent Association to take a job as assistant director for special projects in the newly created White House Office...

Scouts honor.(Christine Ivcich joins Girl Scout Council of Greater St. Louis)(Brief Article)
March 9, 2001... Christine Ivcich, a veteran executive of the local nonprofits, has taken her talents to the Girl Scout Council of Greater St. Louis, where she starts as director of fund development April 2.

Novelly gets $11 million to walk away from Crown.(Brief Article)
March 9, 2001... Apex Oil Co. Chief Executive Tony Novelly is getting more than, $11 million to walk away from Crown Central Petroleum, a company he tried for more than a year to acquire. Novelly has agreed to allow former rival, Rosemore Inc., to buy out...

Save-A-Lot plans to add 1,100 stores in five years.(Save-A-Lot Ltd. plans for expansion)(Brief Article)
March 9, 2001... The Save-A-Lot Ltd. grocery chain plans to expand into new markets around the nation and grow from 900 stores to 2,000 in the next five years. Save-A-Lot now is mainly in the eastern half of the United States, with a few stores in Texas...

Corrections.(Correction Notice)
March 9, 2001... Mickes Tueth Keeney Cooper Mohan & Jackstadt P.C. Mickes Tueth Keeney Cooper Mohan & Jackstadt P.C. was inadvertently left off of the Largest Law Firms list in the Feb. 23 issue. The firm should have ranked No. 33 with 19 local licensed...

Rams offer naming rights first to corporate sponsors.(Brief Article)
March 9, 2001... Renaming could bring team $10 million a year The St. Louis Rams are giving their largest corporate sponsors -- Anheuser-Busch, Boeing, Coca-Cola, Dodge and Southwestern Bell -- the first shot at renaming the Trans World Dome. The deal...

LPGA event to target mid-size firms for sponsorships.(Brief Article)
March 9, 2001... The 2001 LPGA Michelob Light Classic is targeting mid-size firms as possible sponsors, a group that usually does not back golf tournaments. The sponsorship base for the LPGA event, July 9-15 at Fox Run Golf Course in Eureka, has been eroded...

Holden wants agencies to win 'quality' awards.(Brief Article)
March 9, 2001... Gov. Bob Holden is launching a performance initiative for Missouri's executive branch, based on total quality management. He has appointed Quentin Wilson, former head of the Department of Revenue, to lead the effort as cabinet director. ...

The torch is passed at Paric to Joe McKee, Frick.(Brief Article)
March 9, 2001... After four years planning for it, Paul McKee Jr. and Rick Jordan have mixed emotions about turning over Paric Corp. to the next generation of leaders: Joe McKee and Greg Frick. Paric is a design/build general contractor and part of The...

Kurt Canova replaces father as president of Tech Electronics Inc.(Brief Article)
March 9, 2001... Kurt Canova has replaced his father, James Canova, as president of Tech Electronics Inc. James Canova, who founded the company in 1963, is becoming chairman of the board. St. Louis-based Tech Electronics, with estimated annual revenue...

Influence shareholders see a profit in January.(Brief Article)
March 9, 2001... After a turbulent year of cutbacks and layoffs in the tech sector, Influence turned a modest $20,000 operating profit for January 2001. A $1.625 million capital infusion from investors in December helped make the transformation possible....

Chequemate International Inc.(Brief Article)
March 9, 2001... March 7 -- J. Michael Hell has resigned as chairman and chief executive of Chequemate International Inc., dba C-3D Digital Inc. Thomas Nix succeeds him as interim chairman, and Chandos Mahon takes over as president and chief executive. The...

Brown steps up Dr. Scholl's women's Careers Footwear.(Brief Article)
March 9, 2001... March 7 -- Brown Shoe Co. Inc. has launched a new line of footwear designed for women in the service industry. Dr. Scholl's Careers Footwear will be sold in 1,800 Wal-Mart stores. The shoes are designed to relieve foot pain and fatigue for...

The Source Information Management Co.(to acquire Interlink Companies Inc.)(Brief Article)(Statistical Data Included)
March 9, 2001... March 6 -- The Source Information Management Co. plans to acquire The InterLink Cos. Inc., a direct distributor of magazines, for $1.2 million and stock. Source already has acquired 15.9 percent of the company's common shares, and 294,497...

Ralston Purina.(Federal Trade Commission requests Nestle S.A. merger information)(Brief Article)
March 9, 2001... March 5 -- The Federal Trade Commission has made a second request for information from Ralston Purina and Nestle S.A. on their proposed merger. Keith Schopp, spokesperson for Ralston, told Reuters news service that the requests are typical...

Viasystems.(opens Shanghai, China facility)(Brief Article)
March 9, 2001... March 2 -- Viasystems has opened a 150,000-square-foot manufacturing facility in Shanghai, China. The facility, Shangai Viasystems EMS Co. Ltd., is a wholly owned subsidiary of Viasystems Asia Pacific Ltd. St. Louis-based Viasystems...

The May Department Stores Co.(announces Eugene Kahn appointment)(Brief Article)
March 9, 2001... March 1 -- Eugene Kahn, president and chief executive of The May Department Stores Co., will become chairman and chief executive April 30. The appointment follows the retirement of 37-year veteran Jerome Loeb, chairman of the board. ...

Magellan Behavioral Health.
March 9, 2001... March 1 -- Magellan Behavioral Health's St. Louis national service center will manage an employee assistance program for 345,000 federal employees. The St. Louis call center is located in the Riverport area in Maryland Heights and employs...