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 June 11, 2002

Accounting for Behavior Educators Probe the Breakdown of Business Ethics
To some, Enron's collapse -- with its revelations of shady accounting and inflated financial statements -- was the last nail in the coffin of the "irrational exuberance" that fueled stock prices and stoked economic growth in the late 1990s.But for others,...
Back to True Widescreen
LOS ANGELES (NYT) -- As moviemakers increasingly explore digital processes, Super Vista, a relatively young company, has reached back to the 70-millimeter wide-screen film format to create a new experience for moviegoers. In screenings that began Monday,...
Briefs: Firms Held Buy' Ratings on Bankrupt Cos.+
Among the 50 brokerage firms covering companies that have gone bankrupt this year, 47 firms continued to recommend that investors buy or hold shares in the failing companies even as they were filing for Chapter 11 in the first four months of 2002, according...
Council to Vote on Fiscal 2003 Budget
The Oklahoma City Council will vote today on a fiscal 2003 budget that includes a reduction in city staff positions and other cost- cutting measures.The $666.3 million budget for the fiscal year that begins July 1 is down 5.6 percent from the current...
Educators Probe the Breakdown of Business Ethics
To some, Enron's collapse - with its revelations of shady accounting and inflated financial statements - was the last nail in the coffin of the "irrational exuberance" that fueled stock prices and stoked economic growth in the late 1990s.But for others,...
May Home Sales Increase
The average price of Oklahoma City area homes sold in May climbed by 11.9 percent over last year, with residential property offered on the market for fewer days, the Oklahoma City Metropolitan Association of Realtors said Monday.The average price of...
[ New Locations ]
Received: 6/7/02Coal CountySt. Mary Operating; 7060 S. Yale #800, Tulsa 74136-5741 (918- 488-7600); #1-1 Bull Mountain; se ne nw 1-1n-9e; 1815' fsl & 2109' fwl; TD 8500' ...Test; 7380' Viola; On permitHaskell CountyRedwine Resources; 8214 Westchester...
OKC Area Home Sales Increase
The average price of Oklahoma City area homes sold in May climbed by 11.9 percent over last year, with residential property offered on the market for fewer days, the Oklahoma City Metropolitan Association of Realtors said Monday.The average price of...
Oklahoma among States Last in Terms of Growth
WASHINGTON (AP) -- At the end of America's longest economic boom, Rhode Island and Idaho led all states in economic growth while Oklahoma, Alaska and Louisiana were among the last, the government reported Monday. The Commerce Department report on gross...
Oklahoma City Council to Vote on Fiscal 2003 Budget
The Oklahoma City Council will vote today on a fiscal 2003 budget that includes a reduction in city staff positions and other cost- cutting measures.The $666.3 million budget for the fiscal year that begins July 1 is down 5.6 percent from the current...
Oklahoma's Space Industry Grows Slowly, but Surely
Several years ago, when state officials starting courting aerospace contractors -- all in hopes of creating an Oklahoma on- ramp to the space highway -- they pointed out that local companies would benefit.Well, it's happened, only on a small scale. But...
Regulators Order Western Resources to Release Details
TOPEKA (AP) -- Utility regulators have ordered Western Resources to provide details on its plan to sell its stake in an Oklahoma natural gas company. The Kansas Corporation Commission on Friday told Western to submit details of the plan for a hearing...
SaniVex Signs OSU Wrestling Coach as Spokesperson
SaniVex Technologies has signed up a new spokesperson -- John Smith, head wrestling coach for Oklahoma State University.After conducting tests of the Oklahoma City company's disinfectant product line, Smith has converted all of OSU's wrestling facilities...
Several Firms Maintained `Buy' Ratings on Bankrupt Companies
Among the 50 brokerage firms covering companies that have gone bankrupt this year, 47 firms continued to recommend that investors buy or hold shares in the failing companies even as they were filing for Chapter 11 in the first four months of 2002, according...
Spaceport May Boost Economy in Western OK
Several years ago, when state officials starting courting aerospace contractors - all in hopes of creating an Oklahoma on- ramp to the space highway - they pointed out that local companies would benefit.Well, it's happened, only on a small scale. But...
Wall Street Rally Fizzles
NEW YORK (AP) -- Wall Street's latest attempt at a rally fizzled Monday, as investors decided they were better off collecting their small wins rather than risking further pullbacks. Blue chips closed slightly higher, while technology shares stalled....
[ Wells Completed ]
Received: 6/7/02Completion reports are compiled by county, operator and well information.Beaver CountyNewfield Expl. Mid-Continent, Tulsa/918-582-2690 -- #1-21 Barby - - nw sw ne 21-4n-26ecm; TD 10,567', PBTD 9027'; perf. Miss Chester 7448-58', f/368Mcf...
[ Wells Spudded ]
Received: 6/7/02The following list is compiled by county, operator, well name and location.Alfalfa CountyXanadu Exploration, Tulsa -- #1-9 Carrie -- w/2 sw se 9-27n-10wBlaine CountyBrigham Oil & Gas, Austin TX -- #1 Bailey 35 -- ne sw ne 35-15n- 12wDominion...
Williams to Cut Risk Management Services
TULSA (AP) -- Williams Cos. says it will reduce its financial commitment to energy risk management services, a move that will involve an unspecified number of job cuts. The service offers energy supplies to customers such as municipalities, investor-owned...