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 11, 1999

American Education Enters World Book Deal
OKLAHOMA CITY (JR) -- The American Education Corp. will enter into an agreement to integrate its award-winning A+dvanced Learning System with a specially-developed version of World Book's industry-leading electronic encyclopedia.The agreement with World...
A Name to Remember
Charles Schillings was raising money for tiny Alice Lloyd College of Pippa Passes, Ky., back during the early 1970s, when he asked the retired chairman of a major firm for $50,000. He received a check for $52,000.He realized at that moment that raising...
Appeals Court Upholds Ruling in Bricktown Warehouse Case
The following summaries of recently filed local and 10th Circuit opinions were compiled by metro attorney John Gatliff. Oklahoma Supreme CourtFor the week ended Feb. 9 Linda Gaye Brown and LeRoy Eugene Brown vs. Alliance Real Estate Group d/b/a Prudential...
AT&T Says `No Worries' to Mandated Line Access
WASHINGTON (AP) -- AT&T, which is buying cable giant Tele- Communications, isn't worried for now that federal regulators might eventually force cable companies to sell access to their high-speed lines, its chairman said Wednesday."I don't think it poses...
Business World
Souring serviceNEW YORK (AP) -- A Web site set up to record customer complaints and kudos found consumers believe the service they receive from many businesses, institutions and government offices keeps getting worse. The site, created by Service Intelligence,...
Canadian Firm's Suit Will Test Obscure NAFTA Provision
Some business executives have argued for years that large jury verdicts against big companies show that courts in the United States are out of control.Now a Canadian company that lost a huge case against a competitor in Mississippi is using a novel legal...
Citigroup Plans to Switch Credit Card Business to MasterCard
NEW YORK (AP) -- Citigroup, the nation's largest financial services company, is shaking up the credit card industry with plans to give its new credit card business to MasterCard International instead of Visa USA.Citigroup's chairman, John Reed, and its...
Clinton Backs Banking Reform Proposal
WASHINGTON -- The Clinton administration threw its support Wednesday behind a new version of legislation to lift barriers between banks, brokerage firms and insurance companies.The bill proposed by Rep. John LaFalce of New York, the House Banking Committee's...
Dreams of Eufaula Queen Sink
EUFAULA (AP) -- Charred remains of the Eufaula Queen continued to smoulder Wednesday after an accidental fire made ruins out of the 100-ton paddle boat.A spark from a welder's tool started the blaze Tuesday aboard the Eufaula Queen, docked behind Bill...
Entrepreneur Award Nominations Open
OKLAHOMA CITY (JR) -- Ernst & Young is seeking nominations from Oklahoma for the 13th annual Entrepreneur of the Year Awards, honoring owners of fast-growing companies.Nominees from Oklahoma will compete with entrepreneurs from north Texas and Arkansas...
Gasoline Prices Hit 6-Week Low
NEW YORK (Bloomberg) -- Gasoline futures fell 2 percent Wednesday to a six-week low after a pair of reports showed soaring U.S. stockpiles months before the start of seasonal peak in demand from motorists.Stockpiles of gasoline rose by 5.1 million barrels...
Judge Orders End to Pilot Sickout, Pans AMR Policy
DALLAS -- A federal judge ordered pilots at American Airlines Wednesday to end a sickout that has grounded 2,500 flights, stranded an estimated 200,000 travelers and left businesses scrambling to find new ways to ship cargo.U.S. District Judge Joe Kendall...
Math of Stock Splits: 1 + 1 = 2, or Maybe More
According to one version of a story, Yogi Berra was once asked whether he'd like to have his pizza cut into six or eight slices. He figured he was pretty hungry; he asked for eight.When it comes to stock splits, many investors seem to have similar ideas....
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,...
New Corporations
Information includes name, service agent, address, and incorporator.Incorporated July 14, 1998.UMA, LLC John W Gile, 320 N Broadway 2nd Fl, Edmond OK 73034. Praesidium Group John W Gile, 320 N Broadway 2nd Fl, Edmond OK 73034. Homeplay, LLC Michael Mcguffee,...
New Locations
Received: 2/9/99Beaver CountyBRG Petroleum Corp.; 7134 S Yale #600, Tulsa 74136 (918-496- 2626); #1 State Natural Gas; c w/2 se 5-4n-23ecm; 1320' fsl & 660' fwl; TD 6730' ...Recomp.; 6656' Chester; On permit BRG Petroleum Corp.; #1 State School Land;...
OKC Home Resale Prices 14th Lowest
WASHINGTON (AP) -- Oklahoma City has the 14th lowest median resale price for previously owned homes in 132 metropolitan areas during the fourth quarter.The median price in the Oklahoma City area for the quarter was $83,800, up 8.3 percent from the fourth...
Online Brokers Rush to Adapt to Burgeoning Trade
SAN FRANCISCO -- There's a twist of irony in the recent computer crashes at one popular online brokerage business: Rather than a sign of failure, the problems were an indication of how successful Internet trading has become."These guys are running 100...
Presidential Hopefuls Face First Battle
WASHINGTON -- Determined to pass the first test of the presidency, John Kasich surveyed two dozen lawyers, developers and executives gathered in a Boston boardroom and made his pitch: "I need you."He asked them to raise money -- $10,000, $20,000 apiece...
Shakespeare, Red Line to Benefit from Oscar Bids
LOS ANGELES (NYT) -- Shakespeare in Love, basking in the glow of 13 Academy Award nominations, and The Thin Red Line should see the biggest box-office boost from Tuesday's Oscar nominations.Analysts said the pair, both nominated for best picture, could...
Sullivan Steps in as OBA Director
Tragedy befell the Oklahoma Bar Association when John E. Shipp, who had only served as its executive for about a year, died in a plane crash Dec. 6. But the organization has moved on, selecting Oklahoma City attorney William H. Sullivan as its new director."The...
Tax Refunds, Refinancing Should Fuel Growth
WASHINGTON -- A surge in income tax refunds and home-mortgage refinancing is giving U.S. consumers more money to spend, which should fuel strong growth in the first quarter and beyond.The Internal Revenue Service sent out $6.3 billion in tax refunds...
United Video's Earnings, Revenues Rise
TULSA (JR) -- United Video Satellite Group on Wednesday reported an increase in net income and revenues for 1998.Net income for the year was up 42 percent to $64.78 million, or 87 cents per share, from $45.76 million, or 62 cents per share, for 1997.Revenues...
U.S. Stocks End Mixed
NEW YORK (Bloomberg) -- U.S. stocks were mixed Wednesday amid concern that the prospect of a Federal Reserve interest-rate increase will forestall any rebound from this month's decline.International Business Machines and J.P. Morgan led the Dow Jones...
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: 2/9/99Completion reports are compiled by county, operator and well information.Alfalfa County Davco Productions Inc., Washington/288-6736 -- #1 Goeken -- c nw 19-27n-11w; TD 5420'; perf. Red Fork (Cherokee)5242-48', f/350MMcf and 2bopd, grav....
Williams Expands Construction Plan to $4.7 Billion
TULSA (JR) -- Williams Communications on Wednesday announced a $4.7 billion expanded and accelerated construction plan.The new plan nearly doubles its original $2.7 billion financial commitment and advances its target network completion date by a full...
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