Daily Archives: June 25, 2008

It’s Wednesday afternoon …

June 25, 20084:48 p.m.

And still no signed contract from AHG Group, a Florida development company, to buy Wild West World. Five days remain for the Floridians to close on the $2.15 million deal, or the option returns to Amusement Holdings, a group of Wichita investors who bid $2 million for the park last week.

Kinda interesting how a bid in U.S. Bankruptcy Court seems to give way to ongoing negotiations, isn’t it?

Stay tuned on Kansas.com for the latest.

By Bill Wilson | Filed under Development, Real estate | Comments Off | Share this post

Cooler than normal temps latest corn threat

June 25, 20082:32 p.m.

We’ve been hearing a lot lately about the threat of warmer temperatures to human health and the national economy.

But the latest emerging threat to the already-endangered 2008 Midwest corn harvest is just the opposite. Cooler than normal temperatures are the problem, according to the latest data from AccuWeather.

Temperatures of the last week have been two to four degrees below normal. A continuation of that trend could push back the maturation date of the crop.

Ag experts use growing degree days, based on temperature, to measure corn growth. From June 17 to 23, the heart of the corn belt saw 14 percent fewer degree days than normal.

By PJ Griekspoor | Filed under Uncategorized | Comments (1) | Share this post

Coffee Break: On Boeing, Medicare and Wal-Mart leaving KC

June 25, 200810:41 a.m.

Jerry SiebenmarkEagle banking reporter Jerry Siebenmark turns 42 years old today. Personally, I don’t think he looks a day over 41 years and 365 days.

Enjoy today’s links, Jerry:

  • The Wall Street Journal says as many as a third of Boeing and Airbus orders for new jets could be postponed or canceled because of rising fuel prices.
  • Reuters reports that Goldman Sachs cut its rating on Boeing to sell. The stock is down more than 5 percent today.
  • Wal-Mart is pulling its annual convention out of Kansas City. It was the largest annual event in KC and the 2009 convention was expected to put about $8 million into the KC economy, the Star reports.
  • Starting next week, companies will have to submit bids if they want to continue selling equipment to Medicare, the New York Times says. It’s not a change that the equipment makers are accepting without a fight.
By Dan Loving | Filed under Uncategorized | Comments (1) | Share this post