The new offer of $3.40 a share topped Sprint’s previous offer of $2.97 a share, which was lower than Clearwire shares had been trading in the stock market. Clearwire put off a shareholder vote set for today so its board could weigh the new bid.
It was a safe bet that Cerner Corp. would once again lead the The Star’s rankings as the region’s top-performing public company. Cerner, the nation’s second-largest company that helps hospitals and doctors’ offices convert paper files into computerized medical records, is in a sweet spot. Other top-ranked companies here do business in areas that have an edge: energy, rail transit and online government services.
The already-hefty pay packages of many public-company executives bulged last year, thanks to higher values of their company stocks. Million-dollar base salaries – as paid to Cerner Corp. CEO Neal Patterson (pictured) and Waddell & Reed Financial CEO Hank Herrmann – are only the beginning. For most of the bigger-company CEOs, stock awards, options and “non-equity incentive” compensation dwarf their base pay.
More than three years after it closed, Westport mainstay The Corner Restaurant has been resurrected in the same spot but with new owners, a new decor and new menu. Executive chef Natasha Sears said the kitchen uses many local vendors, and makes about 90 percent of the menu from scratch on-site.
Oak Park Mall said it has signed local fast-casual chain Ingredient for its food court. Menu items include salads, grilled sandwiches, soups, wraps and panini, burgers, and gourmet pizzas.
The new offer of $3.40 a share topped Sprint’s previous offer of $2.97 a share, which was lower than Clearwire shares had been trading in the stock market. Clearwire put off a shareholder vote set for today so its board could weigh the new bid.
Will Xbox mark the spot once again for Microsoft?
The Greater Kansas City Chamber of Commerce recognized the real estate company as its 2013 Small Business of the Year and winner of the Mr. K Award, named after the late Ewing Kauffman, founder of Marion Laboratories and original owner of the Kansas City Royals.
The real estate company, which was established in 1922 in downtown Kansas City, receives the Mr. K Award,. The award honors the late Ewing Kauffman, founder of Marion Laboratories and original owner of the Kansas City Royals.
Reaction to my last column allowing that the advocates of a new single terminal at Kansas City International Airport might have a decent case was certainly bracing. Most of the more than 100 callers, emailers and kansascity.com commenters batted me roundly about. But many others allied themselves with the single-terminal advocates.
After fully hashing out pros and cons, Kansas Citians may want to stick with the old flame. To carry the day, new-airport advocates will have to heavily restack the deck of arguments in their favor. That’s what’s going to be required to toss over a 40-year love affair.
Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
