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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. |
Other Business News
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