ALL the News about
Mormons, Mormonism
and the LDS Church
Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 19 Nov 2001   For week ended October 26, 2001
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Business News

Mormon Chosen to Run ATM Manufacturer's Operations
LDS Church member Wesley B. Vance has been promoted to Chief Operating Officer, becoming one of the top management team at the $1.7 billion manufacturer of self-service financial equipment, including Automated Teller Machines. Vance now reports to the company's Chairman and CEO, Walden W. O'Dell.

Never on Sunday, Not Even in Las Vegas
Utah furniture and electronics retailer R.C. Willey Home Furnishings already has a store in Henderson, Nevada and plans to open two more stores in the Las Vegas area, presenting what may be the biggest challenge in the company's 69-year history. For the first time the company is moving into a city larger than Salt Lake, and, more importantly, a significantly different lifestyle, one potentially at odds with R.C. Willey's longstanding policy of closing on Sunday.

1-800-Contacts Gains 30%, but MSI Still Down
The Mormon Stock Index dropped slightly last week along with all the broader stock market indices. But the individual stocks on the index showed a very mixed picture, with strong increases from some stocks, such as Cadence Design, bucking the overall trend. In addition, other stocks showed significant declines.

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