The Cincinnati Enquirer
Tuesday, July 13, 1999 -- Volume 4, No. 194
L O C A L
S P O R T S
B U S I N E S S
W E A T H E R
T R A F F I C
Today's Business
FIFTH THIRD GAINS PEOPLES
        Fifth Third agreed Monday to pay $227 million in stock for Indianapolis-based Peoples Bank Corp., making it the third-largest bank in Indiana.
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Headlines
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National headlines from the AP, updated around the clock.

Business Headlines for  Tuesday, July 13, 1999

Dillard's at Kenwood loses day to inventory
        Shoppers at the Kenwood Dillard's store were greeted early Monday by sales staff who had to turn them away because an inventory check stretched beyond its morning deadline and into the afternoon.

INDUSTRY NOTES: BANKING
        Robust gains in fee income, acquisitions and loan growth should help Ohio banks post double-digit increases when second-quarter results are announced this month, a top industry analyst says.

TRISTATE SUMMARY
        A team that includes GE Aircraft Engines has received a $440 million contract to continue development of an alternative engine for the Joint Strike Fighter, envisioned as the primary fighter for U.S. armed forces and the British Royal Navy in the 21st century.

PEOPLE ON THE MOVE

TRISTATE MARKET SPOTLIGHT
        Scotts Co. traded as low as $39 as North America's biggest maker of consumer grass seeds and plant foods was downgraded to “hold” from “aggressive buy” by analyst Justin C. Maurer at McDonald Investments Inc.

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