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Show Th Magna TimeAVt Valiay Naw, juna 27, 2002 9 3 Business Franklin Covey announces quarterly losses MIKE VENDER B Corrwipondtertt h nt compa- ny Franklin Covey, headquartered at 2200 West Parkway Boulevard in West Valley City, announced a loss of $11.8 million in the third quarter of their fiscal year. a share loss The was blamed cm corporations spending less on employee training, a typically profitable sector for Franklin year, bringing the total to 174 worldwide. Some of the new stores cannibalized sales of existing stores, it was reported, resulting in per-stoearnings dropping 26 percent from the third quarter of last re 18.5-milli- Franklin Covey employed 834 in the city as of last stock. The loans backfired when Franklin Covey's share price shrunk in half and the company forgave part of its October. This was significantly down from the 1,422 they were employing at its West Valley locations as of October 2000. employee's obligations. Still West Valley City's third largest employer. usiness briefs 70-cen- ts Covey. The firm said last week that total sales for the quarter were $71 million, down 24 percent from $88 million for the year-earliperiod. The 70 cents a share loss was better than the same period last year, however, which saw a loss of 84 cents a share. Franklin Covey added 15 retail stores during the past cancel or postpone training seminars. The fiscal 2002 losses included a $ write-of- f on a Franklin Covey loaned manthat program to buy company agers money year. Franklin Covey posted a $63.7 million loss for the first nine months of its fiscal year 2002, which began last September when the terror attic ks caused customers to 2News now at 4:30 KUTV2, the local CBS affiliate located at 3540 West 2190 South in West Valley City, recently launched 2News at 4:30 p.m. in an attempt to capture a market segment currently unserved and to provide a forum for some of the lighter news stories er of the day. The 4:30 program joins the existing Monday through Friday line up. which includes news programs 2News This Morning, 2News at Noon, 2News at 5 p.m., and 2News at 10 p.m.. Brigham Young University and is scheduled for completion in August. It will it include two towers and a parking complex. five-stor- y, Furst wins construction bid 20-un- ClearOne rebranding Centner, videolabs Furst Construction, headquartered at 5125 West 2100 South in West Valley City, has been contracted to build the Bavarian apartment complex, 560 North 800 East, in Provo. The 40,000 square-focomplex is located near ClearOne Communications Inc., located at 1825 West 2770 South in West Valley City, announced that its audio and video conferencing products. ot which have historically sold under the Centner and VideoLabs names, have been with the ClearOne name and will now be sold through the new ClearOne conferencing products division. Valley City, has installed a Miller TP-7- 4 sheet-fe- d offset press. 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