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Tuesday, June 25, 2002

Morning Memo


        Today's Number: 170-180 — Number of restaurants that Tim Hortons, a unit of Wendy's International Inc., said it plans to open annually in Canada for the next several years, boosting its number from 2,048 there.

       

Today's Mover

        Shaun Ethier has joined Loren/Allan/Odioso, a marketing communications agency, as senior account executive. Mr. Ethier will assist with managing account activities for clients. He was account manager for Northlich. He received a bachelor's degree from Indiana University and a master's degree from Michigan State University.
       — Shirley Dees

       

Today's Career Talk

        Should you look for brave or courageous adventurers to manage or run the risk-taking side of your firm? Maybe not, suggests Apsley Cherry-Garrard in his book The Worst Journey in the World, an account of his 1911 expedition to the South Pole. “If you are a brave man, you will do nothing,” he says. “If you are fearful, you may do much, for none but cowards have need to prove their bravery. Discount compulsory endurance — find out what a man can shirk.”
       — John Eckberg

       

Today's Money Tip

        Getting married this summer? Don't forget that your portfolio should now reflect the time horizon of both you and your new spouse. Does your investment portfolio reflect how much risk each of you is willing to take in achieving your joint goals? Do you feel comfortable investing in stocks, or would you prefer that most of your portfolio be structured more conservatively? As unromantic as it may sound, be sure to discuss such money matters before the wedding.
       — Amy Higgins

       

Today's Company

        ASHLEY WARD

        METAL METTLE: In business since 1908, Ashley Ward now serves as an outsourcing partner that provides machine products, assembly and other services to manufacturers. Based in Mason, it is one of the largest suppliers of screw-machine products in the United States.

        STRATEGIC SHIPPING: From the company's facilities in Ohio, Indiana, Florida and Texas, Ashley Ward sends just-in-time deliveries, via its own fleet of trucks — and that helps clients cut inventory costs.

        ALL SHAPES AND SIZES: A wide range of machine products is produced on the company's Davenport multispindle screw machines, Hydromat rotary transfer machines and Acme Gridley screw machines. The parts are used in musical instruments, lawn and garden equipment, aircraft equipment, plumbing fixtures and appliances.
       — Jenny Callison

       



Three Tristate businesses in top 100
Diagnosis: Take it to dealer
No. 2 airline asks for federal help
Mineta: Amtrak shutdown avoidable
Dynegy announces plan to shore up finances
Enron workers to receive extra $29 million in severance
Global Crossing confirms 'isolated' shredding of documents
Jury awards research hospital $200 million in punitive damages
Microsoft discloses ambitious new security effort
Business Digest
- Morning Memo
Tristate Summary
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