Momentum a monumental deception

By Steve Chapman: Syndicated columnist Once you read the first sentence of this column, its momentum will carry you from paragraph to paragraph until a few minutes from now, you arrive, blissfully enlightened, at the final word. No, you say? You may stop reading right now, or halfway through? Well, that’s a shame. But it […]

Local agents feel Dow rise a good omen

By Kevin Wilson: CNJ Staff Writer Local agents are suggesting investors stand pat and enjoy the ride after the Dow Jones Industrial average closed Thursday at a record high for a third straight day. Dean Turvaville of Edward Jones Investments in Clovis said the Dow’s gains are the rewards for investors who put faith in […]

Drugstore chain says it will buy Albertson’s Inc.

Staff and wire reports MINNEAPOLIS — An investment group led by grocer Supervalu Inc. and drugstore chain CVS Corp. said Monday it will buy Albertson’s Inc., the nation’s second-biggest traditional grocery store chain, for $9.7 billion in cash and stock. Albertson’s stockholders will get $26.29 per share in cash and Supervalu stock. The investment group […]

9/9 Local Roundup

Access Anytime acquired by First State Access Anytime Bancorp has been acquired by First State Bancorporation in a tax-free, stock-for-stock trade. According to Access Bank CEO Norm Corzine, First State will be honoring all employee contracts and Access Bank customers won’t “recognize the transition.” Corzine said loan customers can look forward to having access to […]

McTommoney , Brian

Brian McTommoney Services: Have been held. Brian McTommoney, 56, of Clovis, died Thursday, March 24, 2005, at his home. He was born June 12, 1948, in Philadelphia, to Joseph and Valentine Moore McTommoney. He married Kathleen Macrina on June 19, 1970, in Camden, N.J. He served in the U.S. Air Force from 1970 until 1973. […]

Do not confuse stock market with gambling

CNJ staff If we’re to believe the AARP’s advertising blitz against partial privatization of Social Security, the U.S. economy is just one big casino. “If we feel like gambling,” declares one full-page newspaper ad, “we’ll play the slots.” But is investing in stocks the same as playing the slots? Is it as risky as taking […]

Kids are going to the hogs

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Tyler Schilling, 10, shows his Hampshire hog Saturday afternoon at the 39th annual Farwell Junior Livestock Show. (CNJ staff photo: Mike Linn) By David Irvin: CNJ staff writer FARWELL — Hogs were grunting and lumbering around a small wood-chip arena Saturday at Farwell’s community center. The youngsters who raised them were using sticks to keep […]

Martha Stewart’s sentence light, but still not right

Freedom Editorial T he sentence was mild compared to what some legal experts had predicted; Martha- watchers had thought one year in prison would be the penalty. But Martha Stewart was sentenced Friday to serve five months in prison, five months of house arrest and two years of probation, and given a $30,000 fine. We’ve […]

Some laws more criminal than charges

Thomas Sowell: Syndicated columnist The recent conviction of Martha Stewart for lying to federal investigators looking into “insider trading” is one of the sad signs of our times. If you create enough laws, everyone will be a criminal. Perjury should of course be a crime, even when it is committed by a President of the […]

Racers dash for cash in Billy the Kid Shootout

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CNJ staff photo: Loretta Kos/Modified Stock cars come out of the fourth turn during a qualifying heat of the Billy the Kid Shootout on Sunday at Ned Houk Motor Sports Complex. Gary Mitchell Ted Hamm and Mark Harris got a little too close in a qualifying race Sunday that took them out of the main […]