Thursday, October 28, 2004

Business summary

Scripps hires VP for new network

The Scripps Networks unit of Cincinnati-based E.W. Scripps Co. has hired Ed Hardy as a senior vice president to guide the transition of the Great American Country network into Scripps. Jeff Wayne will remain as president of Great American Country. Scripps announced earlier this month that it was acquiring Great American to add to its other cable networks.

Cliff Peale

Financial Corp. notes on sale

Cincinnati Financial Corp. said Wednesday it will sell $375 million worth of 30-year senior promissory notes at 6.125 percent. The Fairfield-based insurer said it would use about $128 million of the proceeds to pay off an inter-company debt to its Cincinnati Insurance Co. unit, $100 million for a headquarters expansion, $58 million to pay off a line of credit and the remainder for general purposes. The notes are now on sale. .

James McNair

Pilots deal pulls Delta from brink
Argosy buying Ohio venues
Union says okay to new agreement
Consultant has new vision for Mall Road area
Peale: Indian Hill's DeWitt savoring World Series
P&G posts first-quarter earnings of $2 billion
Business summary
Higher sales boost Blue Ash's LSI
'PayPal' waives fee today for some users
Business digest
Stocks climb with oil's fall
Business people
'Check 21' hits today, but effect may be minimal
Winter fuel concerns ease, oil futures prices drop 5%