The Cincinnati Enquirer
Friday, May 21, 1999 -- Volume 4, No. 14
L O C A L
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Today's Business
KROGER SEES STOCK SPLIT
        The Kroger Co. couldn't tell hundreds of shareholders Thursday when it will complete its merger with Fred Meyer Inc., but the nation's largest grocery chain did give them a reason to look forward to it: a stock split.
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National headlines from the AP, updated around the clock.

Business Headlines for  Friday, May 21, 1999

Baldwin's suspicions confirmed
        More and more pianos sold in the United States are imports, the federal government says in a report prompted by complaints from Baldwin Piano & Organ Co.

Road Runner coming in July
        Greater Cincinnati's second cable modem service, Time Warner Cable's Road Runner, is slated to debut in 54 southwestern Ohio communities in late July.

Gibson lays off 55 area workers
        Gibson Greetings Inc. said Thursday it was releasing 55 Greater Cincinnati workers, following a warning that the card company would have to eliminate jobs to cut costs.
Milestones in Gibson history

Brazos to sell its units
        Apparel maker Brazos Sportswear Inc., which filed for Chapter 11 bankruptcy protection in January, Thursday said it plans to sell “substantially all” of its businesses to raise money to pay its creditors.

Provident agog over earnings
        Higher-than-expected growth from its retail banking and mortgage operations could help Provident Financial Group Inc. top its earnings outlook for 1999, the company's top executive said Thursday.

INDUSTRY NOTES: MANUFACTURING
        BlueStar Inc., a fast-growing manufacturer and distributor of point-of-sale and bar code products and services, will mark the opening of its larger headquarters in Turfway Industrial Park in Florence today and Saturday.

TRISTATE BUSINESS SUMMARY
        Elder-Beerman Stores Corp. reported rising sales and narrowing losses in the first fiscal quarter ended May 1. Net sales rose 18.8 percent, to $150.52 million from almost $126.72 million in the same period last year.

TRISTATE MARKET SPOTLIGHT
        Dublin, Ohio-based Neoprobe Corp. gained 15 cents, or almost 21 percent, to close Thursday at 90 cents.

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