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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. |
Other Business News
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