THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from May 3, 2001

A Mother's Day Nightmare
MIAMI (AP) -- After months of watching their profit margins slashed by rising fuel and energy costs, some in the flower business are gearing up for brisk Mother's Day sales. But they warn it won't be coming up roses for consumers who may see higher prices....
Arledge and Associates to Break Ground on New Building
The Edmond accounting firm John M. Arledge and Associates will break ground at 10 a.m. today on a 13,000-square-foot corporate office building. The two-story structure at 301 N. Bryant will accommodate 40 professionals specializing in tax, audit and...
CMI Posts $4.5 Million Net Loss
OKLAHOMA CITY (JR) -- CMI posted a net loss of $4.5 million, or 21 cents per share, for the first quarter.That was down from a loss of $1 million, or 5 cents per share, the prior year. Revenues dropped 17.6 percent to $55.4 million from $67.3 million...
Commentary: Congress Issues Report for Simplifying Tax System
On April 25th, the Congressional Joint Committee on Taxation released a major report on simplification of the federal tax system. The report includes more than 1,300 pages of analysis of the current Internal Revenue Code and recommendations about how...
Court Reverses, Remands Ruling in Vastar Resources Lawsuit
Oklahoma Court of Civil AppealsFor week ended May 1.Multiple Injury Trust Fund, vs. Connie Young and the Workers Compensation Court, No. 95,378.In 1986, Connie Young suffered a compensable on-the-job injury and the Workers Compensation Court awarded...
District Court Judges Also Preside over Tax Review
Of the many hats Oklahoma district court judges are required to wear, perhaps one of the most unique is that of a judge of the Court of Tax Review.The Court of Tax Review hears cases regarding valuation of public service corporation property, complaints...
Edmond Accounting Firm to Break Ground on New Building
The Edmond accounting firm John M. Arledge and Associates will break ground at 10 a.m. today on a 13,000-square-foot corporate office building. The two-story structure at 301 N. Bryant will accommodate 40 professionals specializing in tax, audit and...
Kpe to Develop, Create New Online Identity for Six Flags
Six Flags Inc. has selected kpe to develop and create a new online identity and create new online capabilities related to the brand.kpe will be the exclusive interactive partner for Six Flags and the account will be handled out of the firm's Los Angeles...
Lawmakers Seek Priorities in Educational Funding Requests
"We don't have this kind of money," Rep. Jack Begley, D- Goodwell, told his budget subcommittee Wednesday, a sentiment he repeated at least three times to officials seeking additional funding for the public schools, higher education and career- technology...
[ Mortgages ]
A list of mortgages filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description,...
NASDAQ Continues Climb; Dow Falls
NEW YORK (AP) -- Technology stocks stretched their winning streak to four sessions Wednesday as the market grew more optimistic about the sector's chances for recovery this year. But investors were still cautious, opting to cash in some blue chip profits....
[ New Locations ]
Received: 5/1/01Beaver CountyElder & Vaughn Inc.; Box 18938, OKC 73154 (842-8877); #2-34 Benjegerdes; c ne 34-4n-23ecm; 1320' fsl & 1320' fwl; 7250' Chester; SoonKenneth W. Cory Ltd.; 6565 W. Loop S. #780, Bellaire TX 77401- 3518 (713-661-5911); #3-16...
OCU's Law School to Host Legal Program
Oklahoma City University School of Law will be co-host of "Making Diversity Count in Oklahoma's Legal Community," 9 a.m. to 1:30 p.m. May 15.The program, on ways to increase diversity in the legal profession, will be held in Sarkeys Law Center on the...
Officials Chase Rumors of State's Pot of Gold
There has been no secret meeting of the State Equalization Board certifying another half-billion dollars in revenue growth for lawmakers to spend, as much as agencies and programs dependent on state revenues might wish it to be so.Rumors of the extra...
OKC-Based Manufacturing Co. Posts $4.5 Million Net Loss
CMI posted a net loss of $4.5 million, or 21 cents per share, for the first quarter.That was down from a loss of $1 million, or 5 cents per share, the prior year. Revenues dropped 17.6 percent to $55.4 million from $67.3 million the prior year. The...
OKC Legal Briefs: May 3, 2001
Oklahoma City University School of Law will be co-host of Making Diversity Count in Oklahoma's Legal Community, 9 a.m. to 1:30 p.m. May 15.The program, on ways to increase diversity in the legal profession, will be held in Sarkeys Law Center on the OCU...
OKC Weathers High-Tech Job Cutbacks Well
Back-to-back layoff announcements from Lucent Technologies and Seagate Technology have created the impression of an imploding high- tech market in the Oklahoma City area, but local analysts say that's not the case."That's unfortunately a part of a trend...
Oklahoma House Appropriations Meetings to Be Open to Public
Meetings of Oklahoma House conferees on final agency budgets will be open from now on, but lawmakers from both sides of the political aisle disagree as to why the change was made.Republican House members say that the change is a bow to pressure they...
Recent OKC Layoffs Result of Slowing Economy
Back-to-back layoff announcements from Lucent Technologies and Seagate Technology have created the impression of an imploding high- tech market in the Oklahoma City area, but local analysts say that's not the case.That's unfortunately a part of a trend...
Renewing the Call for Tax Simplification
On April 25th, the Congressional Joint Committee on Taxation released a major report on simplification of the federal tax system. The report includes more than 1,300 pages of analysis of the current Internal Revenue Code and recommendations about how...
State of Oklahoma's Education Budget Lacks Money
We don't have this kind of money, Rep. Jack Begley, D-Goodwell, told his budget subcommittee Wednesday, a sentiment he repeated at least three times to officials seeking additional funding for the public schools, higher education and career-technology...
The Hat of Tax Review
Of the many hats Oklahoma district court judges are required to wear, perhaps one of the most unique is that of a judge of the Court of Tax Review.The Court of Tax Review hears cases regarding valuation of public service corporation property, complaints...
Tulsa-Based Natural Gas Co. Reports Increased Earnings
Oneok, the parent company of Oklahoma Natural Gas, Tuesday announced a 39 percent increase in first quarter earnings to $64.9 million, or $1.30 per share.Net income was up from $63 million, or $1.28 per share, for the same period in 2000. The increase...
U.S. Factory Orders Increase
WASHINGTON (AP) -- Orders to U.S. factories registered their first increase of the year in March, thanks to stronger demand for transportation equipment. But the Federal Reserve's latest snapshot of economic conditions showed weakness throughout the...
[ Warranty Deeds ]
A list of Warranty Deeds filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each warranty deed includes book and page numbers, the owner of the property granting the property to a new owner,...
[ Wells Completed ]
Received: 4/30/01Completion reports are compiled by county, operator and well information.Beaver CountyApache Corp., Tulsa/918-491-4900 -- #3-17 Weeks -- sw ne ne 17- 4n-28ecm; TD 6991', PBTD 6909'; perf. Morrow Sand 6710-30', f/ 1257Mcfpd, isip 1210",...
[ Wells Plugged ]
Received: 4/30/01Reports compiled by county, operator, well name, location, total depth, date plugged and well classification.Cimarron CountyEnsign Operating, Denver CO -- #5 SMKSU -- c nw nw 25-3n-9ecm -- TD 4745' ...4-5-01 (OIL)Ensign Operating, Denver...
West Virginia Lab Focuses on Science to Solve Energy Problems
MORGANTOWN, W. Va. (AP) -- With computer mouse in hand, Jack Halow controls the swirling plumes of blue and yellow on his display screen. Each click magnifies the colored streams of tiny bubbles that mix and flow together. Another few clicks and Halow's...