OCR Text |
Show press release, announce a new business, or comment on Utah County busi-- I ress, call Business Editor Travis Jacobsen during normal business hours at To submit a 10 344-256- Saturday, January 20, 1S95 The Daily Herald tS5fenw5 . r iftiPiiiii ,. i 1.M1I1I m imii'ii w mi January DOW (Industrials) mi mm iimi 19, 1996 NYSE iitiwmimtiaBM - S&P 500 1,392 New highs 151 991 Advances: Declines: 720 New lows Unchanged: Total issues: 1995 avg. comp. vol.: 422,909,640 V" NASDAQ lA 32 3,103 Vo,ume. 537,375,380 latisnaSiliflMigfiiis-- DETROIT (AP) Chrysler Corp. closed the books on 1995 with a $1 billion fourth-quartprofit, down 11 percent from a year ago but big enough to give the full-yecompany its earnings. The No. 3 U.S. automaker earned $2.70 a share, down from $3.20 a share in the fourth quarter of 1994, when profit' came to $1.2 billion. Full-yeearnings were $2 billion, or $5.30 a share, compared 'with 1994's record $3.7 billion, or 510.11 a share, Chrysler said Friday. - - third-highe- WASHINGTON (AP) The head of the Federal Aviation Administration has rallied to the defense of the Boeing 777, countering a magazine report that said engineers held misgivings about the new airliner. "We have absolutely no doubts that this plane is safe," FAA Administrator David R. Hinson said Friday. An article in Business Week quoted mostly unidentified sources as saying engineers feared that a possible loss in one of the engines could destabilize the aircraft. ar st ar ' ' fan-bla- The (AP) to Court decide, agreed Supreme whether credit card companies can fees that othcharge would in cus-- -. be barred erwise tomers' home states. ' The court said Friday it will hear a California woman's that such fees are not "inter- -' estv and therefore should be governed by the laws where customers live, not the company's home nt ; argu-ntne- nt state. NEW YORK (AP) Safety questions" about a highly touted but ' experimental biotech drug to treat ".deadly Lou Gehrig's disease caused shares of the drug's maker .. to plummet 't t .' " de WASHINGTON " 35 fourth-large- st MEMPHIS, Tenn. (AP) courtship of beauty giant Inc. is getting more Inc. stock fell $12.50 Friday to close at $23.37 Cephalon LOS ANGELES (AP) MCA Inc. is close to an agreement to buy half of Interscope Records, the label diruped four months ago by Time Warner Inc. in a brouhaha ' over gangsta rap. Acquiring Interscope would give MCA greater penetration into the rock music market and raise it two notches to the company in the music industry. A source familiar with the deal, speaking on condition of anonymity, said it could be announced as early as Monday. percent. The ne May-belli- expen- sive. Tenn.-base- cos- d metics company said Friday that Joh. A. Benckiser GmbH of Germany is prepared to top L'Oreal's $568 million buyout offer, escalating the bidding war between the two suitors. Local iJinMigligs Performance of key stock markets LONDON (AP) The dollar fell against the Japanese yen but moved higher against most other currencies today in European trading. Gold prices rose. , The U.S. currency was quoted in - . rime trading at 105.40 Japanese yen, 'down from 105.60 yen late Thursday. In midday New York trading, the dollar was quoted at 105.48 yen. " Other late dollar rates in Europe, compared with late Thursday: 1.4800 German marks, up from 1.4710; 1.1930 Swiss francs, from 1.1877; 5.0510 French ifrancs, up from. 5.0260; 1.6573 .Dutch guilders, up from 1.6485; ! 1,580.00 Italian lire, down from ; 1,58 1.95; 1.3648 Canadian dollars, up from 1.3639. The British pound was trading late at $1.5097, down from $1.5225 late Thursday. In midday New York trading, it was quoted at $1.5108. In London, gold closed at V -- $399.75 per ounce, up from 9558 a 0.7 2.9 Brussels Paris 0.2 Frankfurt j L2380.90J SIZ k 2.2 . Sydney 225q.4J 0.1 Novell's WordPerfect 3.5 for the Macintosh was selected as the winner of the 1995 MacUser Editors' Choice Award for "Best New Word Processing Application" for both the Mac and Power Macintosh. MacWorld Expo January's marked the second straight year that WordPerfect for the Macintosh had won a prestigious "Eddy" Novell estimates that it has more than 150,000 Certified NetWare Engineers, Certified Novell Administrators and Certified Novell Instructors. In addition, the net- 20370.04 n nool sw W . W Zurich LiZiS-- 0.2 MARKETS Amsterdam: CBS-ne. Frankfurt: DAX. Hong Kong: Hang Brussels: Tokyo: Nikkei. Seng. London: FT 100. Paris: CAC-40- . Sydney: AH Ordinaries. Zurich: Credit Suisse. Milan: MIS. ni. not available. holiday ieiiwiiiein.i Ki'ihihh mi- i- iMiiTa working giant trains more than per-sto- David per-sto- re re lion. OfficeMax and Sears came in at No. 9 and 10 with average sales in 1995 of $1.6 million and $900,000, respectively. Sam's Club and came in next at No. 12 and 13, with per store average sales of $1.3 million and $300,000, respectively. PriceCostco placed at No. 17 sales of nationally with $2 million, while RadioShack placed No. 19 and averaged e in computer $50,000 per-sto- Wasatch Tech Watch re Wal-Ma- rt 62,500 student customers every month. Leading computer sellers announced Finally, a recent edition of a computer trade publication has released its list of the top 100 computer retailers in the U.S., based upon total revenues for the year per individual store. And several of Since the latest version of the word processor began shipping in August 1995, it has been selected by several leading computer trade publications as the best in its class. Among these are awards from MacHome Journal, NewMedia and per-sto- re per-stor- sales. RadioShack's sister company, Mac Today. I ergonomically-designe- split-ke- y d, keyboard. Historically, Cirque's patented GlidePoint technology has been into standalone incorporated trackpads manufactured by the d Salt Lake firm or licensed to other firms for use as peripherals, or built into replacement keyboards and notebook computers. The new keyboard is available immediately and expected to retail for under $100. Novell funds reseller scholarships In response to what it calls "brisk market demand," Novell has announced a $17 million scholarship program designed to increase the amount of certified Novell support professionals in North America. , The PartnerNet scholarship program is. available to Novell's Platinum-levGold- and resellers. According to Novell, shipments of NetWare in 1995 outshipped all other networking operating sys 010 IT'S Also making the list were Kmart at No. 39 ($30,000 per store), Media Play at No., 43 ($500,000 per store), Fred Meyer No. 60 ($400,000 per store), RC Willey Home Furnishings No. 75 ($3.8 million per stqrt), and Toy R Us No. 80 ($30,0 per store). ' Putting this list into perspective, the top seven "local" computer retailers on a per store basis are 1. Computer (ranked Incredible 2. Universe,'. ;3. City, Circuit City, 4. RC Willey, 5. Egghead, 6. PriceCostco, 7) nz .; Each store moved a minirrxujn average of at least $1.3 millionn hardware andor software in 199. A marketing communications consultant that specializes in and health care clients, David Politis welcomes column or via 'the ideas at Internet at dpolitisaltatech.com. high-tec- h DOING IT'S THE NOT EASY TO COITH JUGGLE THREE SCREArAING TODDLERS. THE ttORTON TRIPLETS LAST NIGHT, f ? YOU CoERE BABY-SITTIN- I YEAH.' HEAvRD SOrAE Cirque enters keyboard market Earlier this week, touchpad technology leader Cirque Corp. broke new ground as it announced the availability of a retail keyboard. Titled the Cirque GlidePoint Wave Keyboard, the new keyboard incorporates Cirque's GlidePoint trackpad technology into an MORTONS, A QUESTION ABOUT THEIR' CEILING FAN. WHEN. G, !' - Htm Aims AnDiv 01 S Vol Op'; Ch; a S aa in 1 Name: This is the abbreviation issued for each stock, This symbol uses no spaces If you see a space, it is to set aside footnote. 2 Footnotes: b Fee covering marketing costs is paid from fund assets, d Deferred saies charge, or a redemption fee. f Front load sales charge, m Multiple fees are charged, usually a marketing fee and either a sales or a redemption fee. s Split, x Ex dividend, na Not available. Sptclil Piynunti not dulgnittd 11 rtgulir art Identified by th following footnoUi: a Current annual rate; at least one extra was paid within the past year but is not included in the annual rate, c - Sum of most recent year's dividends; includes a liquidating dividend, d k low based on intraday and or New closing prices. The footnote will appear in its . . VOU SAY BOB. L1J Market roundup Market highlight! Week ending January" 19, 1996 5270 5,280 5060 5.220 4850 5184.68 5,160 (30 Industrials) 4640 123.56 5184.63 4430 for the week ending Friday, January 19 e i i i 5195 2195 ri i 8195 3600 i 2196 11195 12 months: Daily S&P 500 closes T'.f M T W Day - 4010 p high: 4 5,040 4,980 4220 5,216.47 December 13.1995 123.56 5,100 l r- DOW(Industrials) NYSE S&P 500 AMEX S&P MidCap NASDAQ- - 650 625 600 550 10.02 525 Tor the week ending Friday, January 19 500 475 high: e 621.69 December 13. 1995 " 575 611.83 i i i i i 450 i 1 i 2195 5195 8195 11195 2196 AP i -- Sum of most recent year's dividends since there is no regular rate andor frequency, g Indicates that the dividend and earnings numbers are expressed in Canadi- an money. The stock trades in U.S. dollars, h Current annual rate; increased with the latest dividend announcement. I Sum of the most year's dividends; extras were paid and have Sum of most recent year's divbeen included. idends; latest dividend was omitted or deferred, n - Newly issued security (past 52 weeks). The high-lorange begins with the start of trading and doesnl cover the entire period. 0 Current annual rate; decreased with the latest dividend announcement, p Current annual rate; initial dividend, pi - Indicates a preferred stock, q fund. Also, no PE Represents a closed-en- d ratio is printed since that data is not applicable, r Sum of the most recent year's dividends; in addition, at least one stock dividend was paid, rt Rights. A right is a privilege granted to existing shareholders of a corporation to subscribe to corresponding datafield. shares of a new Issue of common stock before it is offered to the public. A right entitles the holder to buy the new common stock below the public offering price, s Split or stock dividend of 25 percent or more in the past 52 weeks, u New 52 week high based on intraday andor closing prices. The footnote will appear in its corresponding datafield. un Units, vj - In bankruptcy, receivership or being reorganized under the Bankruptcy Code, wl When Issued. Refers to a transaction made conditionally because a security, although authorized, has not yet been issued, wt Warrants. A warrant is a type of security, usually issued In conjunction with a bond or preferred stock, that entitles the holder to buy a proportionate amount of common stock at a specified price, x or Is used to denote when a company's last sale price has been adjusted to reflect the dividend, y Current annual rate; at least one stock dividend was paid within the past year, x Sales in full, First Column: Individual Fund name ',' ii i Greyed Headings: Fund Family name Bid: What buyers are willing to pay for the stock. Also called Net Asset Value (NAV). Ask: What sellers are asking for the stock. Also called Public Offering Price (POP). NL means Cfo "load" or sales charge, in which case bid and ask are the same. " Chg: The change in price from the previous day. v Utah Ag Prices "i Ag prices are recieved Monday Friday only' Source: Utah Dept. of Agriculture ,".v7-- ' OGDEN, UTAH GRAIN BIOS - Prices are from the day prior to publication and are for truck loads deliv- ' ered to the elevator. DENVER DAILY GRAIN Prices are from the day prior to publication and are bids to country elevalo& some terminals offer the same bid to growers.- HAY PRICES AS LOW AS 7.00 ' Prices are for dale given. . . . IT'S TIME TO PURCHASE OR REFINANCE ARE PAYING MORTGAGE INSURANCE HAVE AN INTEREST RATE ABOVE 8.5 TERRY AIKEN Neuromuscular INSURANCE disease can WE'VE MOVED! TO: 280 S. MAIN waiting PEASANT GROVE; even breathing. HelpMDA SAME GREAT: SERVICE! SAME PHONE: 785-35- HAVE AN ADJUSTABLE RATE ARE OVER EXTENDED WITH HIGH INTERST RATE CREDIT CARDS ARE REMODELING YOUR CURRENT RESIDENCE OR ARE THINKING OF PURCHASING A NEW HOME AMERICAN LENDING NETWORK CALL LOCAL 223-980-0 Lj O&LJttlJEJmMQ FOR A FREE JNSLXTATION. OlTt INNOVATIVE MORTr.Ar.F LTIRiNATTVF. 26 -- help people. TREZ PRE QUALIFICATION BY PHOKE i Mutual Fund Hating WITH 30 YEAR FIXED INTEREST RATES say no running, r ' How To Head The Stocks -- .$417.10 (contract). Platinum .N.Y. Merc spot per troy oz. Fri. re By Scott Adams , 18.50 troy bz., N.Y. Incredible Universe, placed No' 27 on the list nationally, with per-stosales in 1995 of $16.8 million. DILBERT mrsi $397.70 late Thursday. In Zurich, the closing price was $399.25, up from $397.50 late Thursday. Silver closed in London at $5.48 a troy ounce, up from $5.44 late Thursday.; Nonferrous Metals AluNEW YORK (AP) minum - 70.7 cents per lb, London Metal Exch. Fri. .Copper - $1.1900 Cathode full plate, U.S. destinations. Copper - $1,1550 per lb, NY Merc spot Fri. Lead - 46 cents per lb. Zinc- - - .5154.5308 per lb, delivered. Tin - $4.1869 Thu. Metals Week composite price per lb. Gold - $399.10 Handy & Harman (only daily quote). Gold - $399.70 Troy oz., NY Merc spot month Fri. Silver $5,470 Handy & Harman (only daily quote). Silver - $5,436 per troy oz., NY Merc spot month Fri. Mercury - $250.00 per 76 lb flask, New York. Platinum $4J7.00-$4 Week's Jan. 8 edition, the top national chain with a Utah presence was Computer City, ranking nationally at No. 3, with an average of $19.2 million per store in 1995 sales. Circuit City was ranked nationally at No. 5 with sales estimated at $4.5 million. Egghead came in No. 7 nationalsales of $3 milly, with v . award. &m Tokyo 10536.49 London 0.008 ESSES L3J Hong Kong ' the chains with a Utah presence made the list. According to Computer Retail ne 1960.06 1.1 0.8 two-to-o- el . Qfiff- l- 1645.04 ment Groups into a single organization to better coordinate product development and marketing. Laube, 45, was responsible' for imvn,ir,i Milan 504.93 j; - Laube's decision follows Novell's announcement last week that it is forming a new Novell Products Group that consolidates previously , separate Systems, Applications and ' Information Access and Manage- liiiiiiiiiiMi.iiiiii'iiiiiHii "V Amsterdam interests. technology planning across Nov- -, ell's product business units. He t joined Novell in May 1995 from Price Waterhouse, the professional services firm, where he was director of information and technology. "Sheldon Laube has been an i effective spokesperson for Novell '"and a valued contributor to my executive team," said Robert J. ..Frankenberg, Novell chairman and CEO. Previous close Percent OREM Novell Inc. Friday announced that Sheldon Laube, executive vice president and chief technology officer, has chosen to leave the company to pursue other tems combined by nearly a margin. City-base- The Memphis, 12 on word that federal regulators had delayed expanded use of its drug Myotrophin. The Food and Drug Administration acted based on a European study that suggest-- ed the drug might be harmful. Last week's MacWorld Expo saw a flurry of activity from Salt d Lake Dayna Communications. In total, the developer of networking and communications products made no fewer than six different product announcements at the San Francisco trade show. These included announcements about new products, future product shipping dates and the availability of previously announced products. Look for more product information from Dayna over the next three to six months. Mac WordPerfect kudos WordPerfect also made waves at the Mac conference by the Bay. : er firms take honors at MacWorld high-tec- h City-base- NYSE Diary AMEX UITA Utah "J'JJ" UNDERWRITINC in r.nnnjfiAfcJ ixrt ' -- i V ' i 1 |