Thursday, May 23, 2002
Morning Memo
Hot tips and news to start your business day
Today's Number: 50-100
Bally health clubs to be built during the next five years throughout Asia in a joint venture between Bally Total Fitness Holding Corp. and China Sports Industry Co.
Dow Jones News Service
Today's Mover
Adel M. Kamel has been named senior property accountant with Eagle Realty Group. Mr. Kamel has been with the company since 1998. He earned a bachelor's degree in commerce with a major in accounting from Ain Shams University in Cairo, Egypt, then earned a professional certificate in accounting from the University of Cincinnati.
Shirley Dees
Today's Career Talk
Emotions can be a great business indicator, says John Kuypers, author of What's Important Now: Shedding the Past So You Can Live in the Present. But don't let them get out of control. Your feelings must be available to you yet they must not overwhelm you, he says. When you can achieve this state of presence, your emotions become an invaluable tool that will help you feel safe and secure, confident and ready to do what's important now for you.
John Eckberg
Today's Money Tip
When interest rates go up, prices of already issued bonds go down. That's because bond-buyers would rather pay for a newly issued bond earning a higher interest rate than an old one earning the lower rate. So the value of the bond with the lower rate falls. But the seesaw works in reverse too: When interest rates go down, bond prices go up, because traders will pay the premium for the bond with higher rates.
Amy Higgins
Today's Company: Opera Portables Inc.
Putting On A Show: Working out of his basement, Greg Dewald and business partner Brian Carlson started their portable display company 12 years ago. Opera's Ovation panels present a client's images on the surface; nVision panels imbed the images in plastic and backlight them.
On The Road, On The Net: The company is now based near Cincinnati/Northern Kentucky International Airport and also has a branch in Chicago. Opera employs about 26 people and, while 90 percent of its products are sold in the United States, the Internet and e-technology are opening global markets. Clients have included Eli Lilly, Key Bank and ESPN.
Bouquets: Mr. Dewald was recently named runner-up Kentucky Small Business Person of the Year by the U.S. Small Business Administration. The company has earned an Ernst & Young Crescendo Award.
Jenny Callison
Lindner departs Chiquita's board
100 jobs may come to airport
Broadwing stock takes another dip
Finnan attorney denies charges
Phone companies telling who and when you're calling
Tristate Summary
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