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Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 24 Feb 2001   For week ended July 16, 2000
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Business News

  Mormon Stock Index Adds 4 companies, Rises Nearly 2 Points
Mormon News subscribers helped identify four additional stocks that qualify for the Mormon Stock Index, raising the number of stocks in the index to 22 and increasing the market capital it represents above $180 billion. The performance of the index itself, both before and after adding the four stocks, increased about 1.5% during the week, a little less than most indicators for the entire market.

  Eccles to Get Bonus, Serve on Wells Board
A pending deal by Wells Fargo &Company to buy Utah's First Security Corporation will see LDS executive Spencer Eccles receive one million dollars (U.S.) a year until his 2004 retirement, than a 1.5 million dollar bonus.

  Denver Post Manager will be Publisher of Deseret News
The Deseret News appointed Jim M. Wall, currently executive vice president and general manager of the Denver Post, as Publisher of the LDS Church-owned paper. Wall will replace the retiring Wm. James Mortimer, publisher of the Deseret News since 1985.

  LDS vineyard land may be sold
The largest vineyard operated by the LDS Church relief system may be sold. The 40-acre field is expected to become part of a buffer system around a landfill run by Wasatch Energy Systems.

  After Resigning from Times Mirror, Mark Willes Joins BYU as Visiting Professor
The Marriott School of Management at Brigham Young University is pleased to announce the appointment of recently retired Times Mirror Chairman Mark Willes as a distinguished visiting professor of business management.

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