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 February 17, 1999

Analysts: Spending Should Remain Strong with Stocks
SAN FRANCISCO (Bloomberg) -- Consumer spending, which kept the U.S. economy unexpectedly buoyant last year, will stay strong as long as stock values are high, analysts say."It all comes down to the stock market," said Greg Jones, chief economist at Briefing.com...
Bank Branch Bill Advances; Another Dies
A bill extending Oklahoma's branch banking law was amended by a Senate committee Tuesday to cut the extension from five years to three.Another measure, relating to branching by state savings associations, was killed by the Senate Finance Committee.The...
Biotechnology Investing: Taking a Different Kind of Risk
Investing in medical biotechnology usually entails a large risk: the chance that the promising new therapy the company is developing will not work. Investors in Genentech lose little sleep over that kind of risk, as the company has been remarkably consistent...
Board Raises Revenue Estimate by $30 Million
Based on dramatic increases in income tax projections, a state board on Tuesday bumped by $30 million the revenue estimate used to build next year's state budget.It was good news for legislative budget writers who are wrestling with paying for more than...
Business World
Diva dollar dilemmaDETROIT (AP) -- Despite earning millions from her 40-year career as the Queen of Soul, Aretha Franklin continues to be dogged by debt. Since 1988, more than 30 lawsuits have been filed against Franklin, with the total sought just over...
CMI Expects to Report Record Revenues for Periods
OKLAHOMA CITY (JR) -- CMI Corp. on Tuesday said it anticipates reporting sharply higher and record revenues for the fourth quarter and 1998.The designer and manufacturer of road building equipment said results will be released Feb. 24 after completion...
Developer Plots $10 Million Complex
Turner and Co. will develop a $10 million office and retail complex on about 30 acres at the northwest corner of May and Memorial Road.The Edmond commercial and residential development company has begun preliminary engineering and design work for the...
Development Partners Open Norman Office
The University of Oklahoma, the Oklahoma Technology Commercialization Center and Advancia Corp. have opened a joint office in Norman to share resources, facilitate partnerships and foster high-tech economic development opportunities within the state."We...
Diving for Better Health
Integris Baptist Medical Center was swimming upstream when it spent $5 million to install a massive hyperbaric oxygen therapy chamber.Most other hospitals in 1995 were focusing on budget cuts instead of brick and mortar. And the Oklahoma City provider...
Employee Assistance Programs Cut Corporate Costs
Today, most large organizations, and about one-third of companies with 100 employees or less, offer some form of employee assistance. Employers have learned that an effective employee assistance program (EAP) may actually pay for itself in better work...
Financial Funds Tell Cautionary Tale
NEW YORK -- To get an idea of how suddenly a hot category of mutual funds can turn cold, take a look at the recent performance of financial services funds.Until last summer, these funds specializing in bank, insurance, mortgage and investment-firm stocks...
House Passes Controversial Mental Health Measure
OKLAHOMA CITY -- The Oklahoma House Insurance Committee approved a measure Tuesday to provide coverage for biologically based mental illnesses under group health insurance.The proposal has been controversial in the past because of concern that it could...
Independent Bookseller Seeks Donations to Compete
SAN FRANCISCO -- Independent bookseller Patrice Wynne knew it was going to take a lot more than meditation to save her spiritually oriented bookstore when sales dipped for the first time in its 12 years.So Wynne is asking her customers to help save her...
Inside Edge in Internet Stocks
After Christmas, shares of Active Apparel Group, a clothing wholesaler, were swept up in the market enthusiasm for retailers doing business on the Internet. Active Apparel promoted its Internet debut in a news release and on CNBC, and though the company...
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,...
Multifamily Unit Sales Up 22%
The metro multifamily residential market enjoyed a 22 percent jump in sales last year, to 9,169 units from 7,544 in 1997.According to the 1998 Apartment Sales Report released Tuesday by Commercial Realty Resources, there were 53 apartment transactions...
New Corporations
Information includes name, service agent, address, and incorporator.Incorporated July 30, 1998.Cameron E Herrin, OD Dameron E Herrin OD, 118 N 2nd Ste A, Purcell OK 73080. Haroperties Doug Hickson, 2022 N Broadway, Moorte OK 73160. Southfield Jimmy D...
Oil Rigs Hang on to Workers
When Grey Wolf Drilling Co. announced recently that it would lay off 1,700 workers, Freddy Garcia feared that his flush times in the oil field might be over.His worries were well founded: job cuts have been widespread in the oilpatch as crude oil prices...
Panel Approves Bill to Reduce Auto Tag Fees, Excise Taxes
Oklahomans would see their automobile tag fees and excise taxes drop about $80 million under a bill approved Tuesday by the Senate Finance Committee.By a vote of 12-2, the panel passed a substitute measure for Senate Bill 1, by Sen. Lewis Long Jr., D-Glenpool,...
Paul Second to Gain Medical Toxicology Subspecialty
Dr. David W. Paul, medical director of the University Occupational Health Sciences Clinic, has been granted additional certification in medical toxicology. He is one of two physicians in Oklahoma with that subspeciality, which focuses on finding and...
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: 2/12/99Completion reports are compiled by county, operator and well information.Tulsa County TEC Resources LLC, Tulsa/918-836-7272 -- #3 East Horsepen Creek -- se sw ne 16-22n-14e; TD 1145'; perf. Rowe Coal 1088-92', no data (12- 1-83 to 1-1-84)...
Ya Gotta Have Art
An evening of "carousing & art browsing" with the theme of Ya Gotta Have Art is planned Feb. 27 to benefit the programs at Wilson Arts Integration School, the only arts-integrated specialty school in the Oklahoma City Public Schools System. Organized...
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