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BRIEFLY.


Byline: The Register-Guard

METRO

New 44-page Lane County Relocation Guide now available

The Convention & Visitors Association of Lane County has released its new Lane County Relocation Guide.

The 44-page guide offers information about Eugene, Springfield, Cottage Grove Cottage Grove, village (1990 pop. 22,935), Washington co., SE Minn., near the St. Croix River; inc. 1965. There is farming (cattle, sheep, corn, and soybeans) and manufacturing (chemicals and machinery). , Creswell, Junction City Junction City, city (1990 pop. 20,604), seat of Geary co., NE Kans., at the confluence of the Republican and Smoky Hill rivers; inc. 1859. The rail, trade, and processing center of an agricultural and dairy area, it grew as the supply point for nearby Fort Riley, , Coburg, Veneta-Fern Ridge, Florence, the McKenzie River Valley, Lowell and Oakridge-Westfir. It includes details on housing prices, population, climate, local agencies and businesses and other topics.

Free copies are available at CVALCO's Visitor Center at 754 Olive St. in Eugene, by calling (541) 484-5307 or (800) 547-5445 or online at www.VisitLaneCounty.org.

NATION

Major homebuilder joins trend in cutting earnings outlook

DETROIT - Pulte Homes Inc. on Friday became the latest major homebuilder to lower its full-year earnings outlook as the housing market continues to cool. Its shares tumbled more than 5 percent to a new 52-week low.

Pulte cut its full-year outlook after both Hovnanian Enterprises Inc. and Toll Brothers Inc. lowered their forecasts within the past month.

Pulte, which operates in 27 states, reported preliminary new orders dropped about 29 percent in April and May from last year to 6,447 units from 9,128 units.

Micron Technology ready

to sweeten sweet·en  
v. sweet·ened, sweet·en·ing, sweet·ens

v.tr.
1. To make sweet or sweeter by adding sugar, honey, saccharin, or another sweet substance.

2. To make more pleasant or agreeable.
 bid for Lexar Media

SAN JOSE, Calif. - In an 11th hour move before a potentially contentious stockholders' vote, Micron Technology Inc. said Friday it is prepared to sweeten its bid to acquire flash memory products maker Lexar Media Inc.

Though the value of the acquisition would not be set until closing, the revised bid would put the deal's value at about $826.5 million, based on Thursday's closing share prices and number of outstanding shares. The original stock-for-stock deal was valued at $688 million when it was announced in March.

The news came only hours ahead of a scheduled vote by Lexar shareholders at its company headquarters in Fremont. The special meeting was adjourned and rescheduled for June 16.

Goldman Sachs Group Inc. moves to replace Paulson

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 - The board of Goldman Sachs Group Inc. announced Friday that it intends to elect Lloyd C. Blankfein as its next chairman and chief executive officer after the investment banking company's current head, Henry Paulson Jr., moves to the U.S. Treasury U.S. Treasury

Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S.
.

The board said in a statement that the election of Blankfein, who is 52, will occur after Paulson is confirmed by the U.S. Senate for the Treasury post.

Wal-Mart touts changes

it made to sustain rapid growth

FAYETTEVILLE, Ark. - Wal-Mart Stores Inc. used its annual meeting Friday to tout changes to its stores, trumpet its expansion in the U.S. and abroad and emphasize that the world's largest retailer is undergoing changes to sustain its rapid growth rate.

The company's critics urged Wal-Mart to offer higher pay, better health insurance and other changes for its 1.3 million U.S. workers.

WORLD

Deutsche Boerse says it won't give up pursuit of Euronext

PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 - As officials of the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 and Euronext celebrated their proposed - and revolutionary - $9.96 billion union Friday, rival bidder Deutsche Boerse AG said it has no intention of abandoning its pursuit of Euronext and its four European stock exchanges This is a list of European stock exchanges.

There are two major pan-European stock exchanges:
  • Euronext, which is headquartered in Paris and was formed from stock exchanges in Belgium, France, the Netherlands, Portugal and the United Kingdom and is currently the
.

Even as NYSE NYSE

See: New York Stock Exchange
 Group Inc. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  John Thain and Euronext Chairman Jan-Michiel Hessels held a news conference to explain their deal, Deutsche Boerse issued a statement reiterating that its bid, which Euronext executives advised shareholders against, was a good offer.

- From Register-Guard

and news service reports
COPYRIGHT 2006 The Register Guard
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:State
Publication:The Register-Guard (Eugene, OR)
Date:Jun 3, 2006
Words:565
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