| Tribune Wins Round in Ownership Lawsuit
|The ball is now in the court of
MediaNewsGroup Inc. in the last volley of legal actions by U.S.
District Judge, Tena Campbell, who ruled in favor of the Salt Lake
Tribune. The Tribune claims that two of their managers should not
have been removed from their positions in the Newspaper Agency Corp.
which acts as the business arm of the Tribune and its joint operating
agreement (JOA) partner, The Deseret News.
| The End of ZCMI
|The ZCMI name is in the final days of hanging
outside the fourteen stores that once made up the LDS Church-owned
chain. Meier and Frank, the Oregon-based subsidiary of St. Louis' May
Department Stores, announced this week the schedule for changing the
names of the stores to Meier and Frank, and for opening the stores on
| NuSkin Up While Rest of Mormon Stocks Fall
|Utah cosmetics manufacturer NuSkin Enterprises
jumped nearly 20% last week, while both the broader market and nearly
every other stock on the Mormon Stock Index fell, in the index's 3rd
straight loss. The jump in NuSkin's price came because the company
started a quarterly dividend and announced a stock repurchase
program, to investor's delight.
Other Business News
[an error occurred while processing this directive]