2D • TUESDAY, AUGUST 5, 2014OMONEY MAHA WORLD-HERALD

HIGH LOW CLOSE CHG. %CHG. WK MO QTR YTD StocksRecap DOW 16596.22 16447.20 16569.28 +75.91 +0.46% tts -0.04% DOW Trans. 8153.80 8064.80 8149.08 +28.22 +0.35% tts+10.11% NYSE NASD By Yellen’s measure, it’snot DOW Util. 540.78 528.89 538.66 -2.03 -0.38% ttt +9.80% Vol. (in mil.) 2,982 1,627 NYSE Comp. 10780.4510669.42 10766.68 +74.52 +0.70% tts +3.52% Pvs. Volume 3,729 1,993 NASDAQ 4395.38 4343.03 4383.89 +31.25 +0.72% tts +4.96% Advanced 1942 1686 S&P 500 1942.92 1921.20 1938.99 +13.84 +0.72% tts +4.90% Declined1175 1006 S&P 400 1376.52 1359.48 1374.95 +7.75 +0.57% tts +2.41% New Highs 29 25 Wilshire 5000 20538.2320302.45 20501.20 +155.19 +0.76% tts +4.04% timeto raiseinterestrates New Lows 71 97 Russell 2000 1125.54 1108.27 1124.82 +9.96 +0.89% ttt -3.34% WASHINGTON (AP) — With employers ramping up hiring The World-Herald 150 and the unemployment rate sinking in the past year, pres- YTD VOLUME YTD VOLUME NAME TKR LAST CHG %CHG (00s) PE DIV NAME TKR LAST CHG %CHG (00s) PE DIV sure is rising on Janet Yellen’s AT&T Inc T35.46 +.13 +.9 193,516 11 1.84 Hormel Foods HRL 45.38 +.37 +.5 7,698 22 .80 Federal Reserve: Is the time Abbott Labs ABT 42.39 +.36 +10.6 34,791 26 .88 Intel Corp INTC 34.05 +.31 +31.2 264,550 17 .90 near to raise interest rates to Adobe Systems ADBE 68.77 -.17 +14.8 29,054 cc ... IBM IBM 189.64 +.49 +1.1 20,363 12 4.40 Alcatel-Lucent ALU 3.42 +.05 -22.3 67,015 ... .18e JPMorgan Chase &CoJPM 56.65 +.17 -2.5 132,079 15 1.60f prevent a strengthening econo- Alcoa Inc AA 16.71 +.27 +57.2 147,065 40 .12 Johnson &Johnson JNJ 100.16 +.26 +9.4 65,453 18 2.80 my from igniting inflation? Alliant Energy LNT 56.52 -.33 +9.5 9,883 16 2.04 Kellogg Co K62.06 +.62 +1.6 25,501 12 1.96f The easy answer might be Altera Corp ALTR 32.79 +.01 +.9 16,663 26 .72f Kimberly Clark KMB 105.23 +.33 +.7 20,878 19 3.36 Altria Group MO 40.73 +.23 +6.1 61,942 19 1.92 Kinder Morg Engy KMP 81.24 +.77 +.7 9,631 33 5.56f yes. Employers, after all, have Ameren Corp AEE 38.35 -.27 +6.1 30,100 18 1.60 Kraft Foods Group KRFT 54.65 -.07 +1.4 28,822 14 2.10 added an average 244,000 jobs Amer Fst Multifamily ATAX5.95 -.02 -5.4 783 19 .50 Ladenburg Thalmann LTS3.38 +.14 +8.0 3,247 dd ... American AirlinesGpAAL 38.14 -1.29 +51.0 109,542 dd .40 Level 3Commun LVLT 42.50 -.70 +28.1 27,000 65 ... a month since February — the Amer Elec Power AEP 51.40 -.91 +10.0 56,589 14 2.00 Lindsay Corp LNN 79.28 -.81 -4.2 1,493 20 1.08f best six-month hiring spree in Anadarko Petrol APC 110.73 +5.11+39.6 65,120 dd 1.08f Macy’sInc M58.58 +.69 +9.7 32,337 15 1.25f Aon plc AON 84.39 +.45 +.6 11,596 22 1.00 Martha Stewart Liv MSO 4.37 -.15 +4.0 2,271 cc ... eight years. And at 6.2 percent, Apache Corp APA102.29 +1.97 +19.0 38,744 33 1.00 McDonalds Corp MCD 94.31 +.01 -2.8 75,745 17 3.24 the unemployment rate is just Apple Inc AAPL 95.59 -.54 +19.3 388,953 15 1.88 Merck &CoMRK 57.06 +.26 +14.0 82,644 30 1.76 above the 6.1 percent average Applied Matls AMAT21.13 +.04 +19.5 71,387 30 .40 MetLife Inc MET 52.38 +.25 -2.9 60,489 13 1.40 Aqua America Inc WTR 23.54 -.23 -.2 11,787 19 .61 MicrosoftCorp MSFT 43.37 +.51 +15.9 330,083 16 1.12 for the past seven decades. Arch Dan Mid ADM 46.95 +.38 +8.2 27,263 22 .96 Mondelez Intl MDLZ 36.45 +.12 +3.3 66,346 18 .56 But Yellen has made clear BP PLC BP 49.33 +.33 +1.5 33,944 72.34f Monsanto Co MON 114.91 +1.32 -1.4 44,987 23 1.72 Ballantyne Strong BTN 3.82 -.07 -17.5 537 38 ... Mosaic Co MOS 46.94 +.90 -.7 33,076 27 1.00 she monitors many gauges of BLOOMBERG NEWS Bank of America BAC 15.05 +.07 -3.3 492,858 18 .04 NCR Corp NCR 31.01 -.24 -9.0 17,440 13 ... the job market beyond hiring Becton Dickinsn BDX 116.88 +.80 +5.8 6,651 23 2.18 Nelnet Inc NNI 41.41 -.05 -1.7 966 6.40 Janet Yellen, chairwoman of the U.S. Federal Reserve, monitors many Berkshire Hath ABRK/A 194305 +5026 +9.2 717... Nucor Corp NUE 50.19 +.38 -6.0 11,885 29 1.48 and unemployment. And those gauges of the job market beyond hiring and unemployment. And those Berkshire Hath BBRK/B 129.72 +3.89 +9.4 45,279 15 ... OGE Energy OGE 36.07 ... +6.4 10,051 17 .90 other indicators point mostly in other indicators mostly suggest the job market still isn’t at full health. Black Hills Corp BKH 52.91 +.25 +.8 5,678 22 1.56 Occid Petl OXY 100.75 +2.86 +5.9 49,902 13 2.88 one direction: The job market Block H&R HRB 32.18 +.17 +10.8 12,104 19 .80 ONEOK Partners LP OKS 57.31 +1.57 +8.9 3,396 21 3.04f Boeing Co BA 119.93 -.45 -12.1 28,810 18 2.92 Oracle Corp ORCL 40.10 +.49 +4.8 118,654 17 .48 still isn’t at full health. workers have jobs, they aren’t returned to school, retired Brist Myr Sqb BMY 49.98 +.17 -6.0 57,978 31 1.44 Oshkosh Corp OSK 46.54 +.23 -7.6 9,438 13 .60 The timing of the Fed’s fi rst Buckeye Part BPL 80.67 +1.46 +13.6 3,109 51 4.40f Otter Tail Corp OTTR 28.13 +.11-3.9 1,266 18 1.21 counted as unemployed. But early, stayed home to care for Buckle Inc BKE 45.20 +.19 -14.0 3,335 13 .88 PG&E Corp PCG 44.48 -.42 +10.4 36,679 24 1.82 rate increase is a high-risk they’re still people who want relatives or gone on disability CME Group CME 74.17 -.01 -5.5 17,573 26 1.88 PepsiCo PEP 89.69 +1.58 +8.1 63,655 21 2.62 decision — one that’s put global CSG Systems Int CSGS 27.03 +.07 -8.1 1,952 21 .63f Pfizer Inc PFE 28.75 -.11-6.1 222,990 16 1.04 to work more. And when this benefit programs. When people stock and bond investors on CSX Corp CSX 29.72 +.13 +3.3 60,300 16 .64 Potash Corp POT 35.11+.14 +6.5 29,546 22 1.40 fi gure is elevated, it suggests who are out of work quit their CVS Caremark Corp CVS 77.37 +.88 +8.1 42,937 20 1.10 Principal Fncl Grp PFG 49.58 +.41 +.5 11,613 14 1.36f nervous alert. If the Fed raises Cabelas Inc CAB 58.10 +.73 -12.8 6,560 21 ... Procter&Gamble PG 79.22 -.43 -2.7 116,625 20 2.57 that businesses are still cau- the short-term rate it controls job searches, they’re no longer Caseys Gen Store CASY 66.79 +.09 -4.9 1,373 19 .80f Prudential Fncl PRU 86.09 +.24 -6.6 25,596 36 2.12 tious about hiring. Consider Caterpillar Inc CAT101.81 +1.29 +12.1 43,103 17 2.80f Qualcomm Inc QCOM 73.26 +.71 -1.3 127,611171.68 too soon, it could derail the U.S. counted as unemployed. That’s Ronee Hinton, 23, of Laurel, CenturyLink Inc CTL 39.46 +.40 +23.9 39,581 dd 2.16 Royal Dutch Shell ARDS/A 82.02 +.75 +15.1 13,023 20 3.76 economy’s gains. If it raises it been a big reason the unem- Chevron Corp CVX 128.17 +.27 +2.6 71,735 12 4.28 Schwab Corp SCHW 27.69 +.24 +6.5 45,265 31 .24 Maryland, who has worked part ployment rate has sunk from Cisco Syst CSCO 25.17 +.17 +13.1 166,650 17 .76 Smucker,JMSJM 100.90 +.38 -2.6 4,293 19 2.56f too late, growth could overheat time at Walmart for two years Citigroup C48.34 +.24 -7.2 138,813 11 .04 Southern Co SO 43.10 -.22 +4.8 65,001 15 2.10 a peak of 10 percent in 2009. Clorox Co CLX 86.39 -2.81 -6.9 21,110 20 2.96f Stryker Corp SYK 80.58 +.58 +7.2 11,698 40 1.22 and inflation could surge. even though she’s desperate for Even if the Fed gets the The dropouts include people CocaCola Co KO 39.40 +.11-4.6 107,628 21 1.22 Suntrust Bks STI 37.50 -.02 +1.9 38,018 13 .80f full-time work. She makes $8.40 who would take a job if it were Comcast Corp ACMCSA 53.85 +.46 +3.6 97,599 19 .90 Sysco Corp SYY 36.00 +.22 -.3 19,097 22 1.16 timing right, higher rates will an hour. Her paycheck barely ConAgra Foods CAG 30.63 +.24 -9.1 38,834 42 1.00 TD AmeritradeHldg AMTD 32.01 +.28 +4.5 17,921 23 .48a mean higher borrowing costs available. As the economy im- ConocoPhillips COP 81.98 +1.28 +16.0 54,727 13 2.92f Target Corp TGT 60.70 +.85 -4.1 41,970 21 2.08f covers rent. “You have nothing proves further, many of those Con Edison ED 55.73 -.36 +.8 34,259 13 2.52 3M Company MMM 140.75 +.64 +.4 24,473 20 3.42 for homes, cars and other extra for anything,” she said. Corning Inc GLW20.05 +.17 +12.5 77,561 21 .40 Time Warner TWX 85.53 +1.73 +27.9 75,846 19 1.27b loans. The stock market could who dropped out will likely re- Costco Wholesale COST 118.15 +.27 -.7 16,324 26 1.42 Toyota Mot TM 118.12 +.53 -3.1 1,312 ...... sume their job searches. There Covidien PLC COV 88.02 +1.09 +29.3 24,551 25 1.28 Travelers Cos TRV89.90 +.29 -.7 21,01192.20 sink, too. The Fed’s benchmark DTE Energy Co DTE 73.54 -.59 +10.8 13,773 17 2.76f 21st Century Fox BFOX 31.37 -.50 -9.3 27,832 19 .25 rate has been near zero since Long-term unemployment were signs of that in July: Deere Co DE 85.27 +.31 -6.6 22,963 92.40f Tyco Intl Ltd TYC 43.32 +.22 +5.6 18,386 26 .72 December 2008. Nearly three-fourths of the in- Disney DIS 87.24 +1.86 +14.2 79,984 22 .86f USG Corp USG 26.83 +.08 -5.5 14,988 30 ... The number of Americans crease in unemployment came Dominion Resources D67.03 -.56 +3.6 37,182 20 2.40 Union Pacific Corp UNP 98.29 +.38 +17.0 44,470 19 2.00f A look at Yellen’s self-de- out of work for more than six Dow Chemical DOW 51.68 +.71 +16.4 57,491 18 1.48 UPS class BUPS 97.18 +.15 -7.5 26,026 21 2.68 from people who started to look DuPont DD 64.63 +.42 -.5 32,307 20 1.88f US Bancorp USB 41.64 +.31 +3.1 48,397 14 .98f scribed “dashboard” and what months rose 74,000 to nearly for work again and were newly Duke Energy DUK 72.20 -.74 +4.6 43,065 18 3.18f Utd Technologies UTX 105.05 +.30 -7.7 38,862 17 2.36 it says about the job market: 3.2 million in July, far above EMC Corp EMC 29.57 +.51 +17.6 161,096 23 .46 Valero Energy VLO 50.42 -.02 ... 54,943 91.10f counted as unemployed. Still, the pre-recession fi gure of Edison Intl EIX 55.83 -.11+20.6 43,781 12 1.42 Valmont Ind VMI 144.89 -.22 -2.8 3,070 17 1.50f the proportion of adults either Emerson Elec EMR 63.99 +.59 -8.8 38,861 18 1.72 Verizon Comm VZ 50.21 +.38 +2.2 111,429 11 2.12 1.3 million. Like many econo- Energizer Hold ENR 116.84 -1.77 +7.9 5,972 18 2.00 Visa Inc V212.16 +.35 -4.7 19,098 24 1.60 Wages working or seeking work is just mists, Yellen has said she wor- Exelon Corp EXC 31.36 -.18 +14.5 99,122 15 1.24 WalMart Strs WMT 73.54 ... -6.5 52,543 15 1.92 Most Americans have re- barely above a 36-year low. Exxon Mobil Corp XOM 100.13 +1.33 -1.1 114,374 13 2.76 Walgreen Co WAG72.11+1.58 +25.5 86,255 25 1.26 ries about this group because FedEx Corp FDX 148.83 +2.08 +3.5 13,907 22 .80f Watsco Inc WSO 89.93 +.55 -6.4 2,529 23 2.40f ceived little or no pay raise this research has shown that they Ferrellgas Part FGP 25.64 +.77 +11.7 2,253 33 2.00 WellPoint Inc WLP 111.60 +.60 +20.8 15,023 15 1.75 year. Average hourly earnings Ford Motor F17.02 +.21 +10.3 243,984 11 .50 Wells Fargo &CoWFC 50.99 +.64 +12.3 126,478 13 1.40 can get caught in a self-rein- Quitting and hiring Gen Dynamics GD 117.23 -.15 +22.7 17,994 18 2.48 Werner Enterp WERN 24.62 +.12 -.2 3,747 22 .20 ticked up a penny in July, the forcing predicament: The lon- Gen Electric GE 25.27 -.08 -9.8 277,666 18 .88 West Corp WSTC 27.45 +.65 +6.8 2,638 12 .90 In a healthy economy, government said Friday, and ger people are unemployed, the General Motors Co GM 33.61 +.17 -17.8 111,407 28 1.20 Westar Energy Inc WR 35.85 -.38 +11.4 15,616 15 1.40 Americans are more likely to Google Inc AGOOGL582.27 +8.67 +3.8 14,832 20 ... Western Union Co WU 17.02 +.24 -1.3 107,861 12 .50 are just 2 percent higher than a more reluctant employers are quit their jobs. They typically Gordmans Stores GMAN 3.50 -.09 -54.4 374 17 3.60e Whirlpool WHR 145.78 +2.27 -7.1 12,280 16 3.00f year ago — less than the rate of to hire them. Lawrence Katz, Green Plains Inc GPRE 40.22 +.81 +107.5 17,299 14 .16 Williams Cos WMB 56.17 +.62 +45.6 43,904 73 1.70f either have a new job — usually HarleyDavidson HOG 62.31 +.33 -10.0 26,025 16 1.10 Windstream Hldgs WIN 11.49 +.05 +43.9 124,359 29 1.00 inflation. Hourly pay typically a labor economist at Harvard with higher pay — or they’re Hartford Fn Sv HIG 34.33 +.30 -5.2 31,21111.72f Yahoo Inc YHOO 36.54 +.92 -9.7 129,601 31 ... rises 3 percent to 4 percent in a University, said an extended Hershey Company HSY 89.42 +.32 -8.0 13,717 24 2.14f Yum! Brands Inc YUM 70.18 -.28 -7.2 45,808 27 1.48 confident they can fi nd one. healthy economy, Yellen noted period of growth and hiring Hewlett Packard HPQ 35.33 +.14 +26.3 62,391 12 .64 Zimmer Holdings ZMH 100.14 +.53 +7.5 7,634 22 .88 in March. That’s because when would be needed to sharply More quits also free up jobs Dividend Footnotes: a-Extra dividends were paid, but are not included. b-Annual rate plus stock. c-Liquidating dividend. e-Amount declared or paid in for the unemployed. Many last 12 months. f-Current annual rate, which was increased by most recent dividend announcement. i-Sum of dividends paid after stock split, no regular the unemployment rate is low, reduce the number of long- rate. j-Sum of dividends paid this year.Most recent dividend was omitted or deferred. k-Declared or paid this year,acumulative issue with dividends in businesses must pay more to term unemployed. He thinks economists regard quitting as arrears. m-Current annual rate, which was decreased by most recent dividend announcement. p-Initial dividend, annual rate not known, yield not shown. a key gauge of the job mar- r-Declared or paid in preceding 12 months plus stock dividend. t-Paid in stock, approximate cash value on ex-distribution date. PE Footnotes: q-Stock attract workers. Many econo- the Fed should delay raising is aclosed-end fund -noP/E ratio shown. cc -P/E exceeds 99. dd -Loss in last 12 months. Source: The Associated Press. Sales figures are unofficial. mists say the unemployment rates as long as possible. “You ket’s health. Quits have risen rate will need to fall below 5.5 need a very tight labor market since the recession ended but percent before wages will rise for fi rms to take a chance on remain below levels consis- broadly and significantly. the long-term unemployed,” tent with a healthy economy. Katz said. The government also tracks COMMODITIES the number of people actually Part-time unemployment LIVESTOCK Jul 4281/2 433 4261/2 4323/4 +61/4 Fri.’s open int 322,304 hired each month. That’s differ- DES MOINES (USDA) -- BARROWS & GILTS LIVE AND Sep 4271/2 4271/2 4211/2 4261/2 +5 FEEDER CATTLE Roughly 7.5 million Ameri- Workforce participation ent from the net job gain that CARCASS BASIS Dec 417 4211/4 4153/4 4211/4 +51/2 50,000 lbs.; cents per lb. Estimated Actual Actual Actual Jul 4351/2 4401/2 4351/2 4401/2 +5 Aug 220.70 222.32 218.87 220.97 +.70 cans are working part time but The proportion of work- was reported Friday. A higher Today Today Week Ago Year Ago Dec 4251/2 4293/4 4243/4 4293/4 +5 Sep 219.87 222.05 218.07 220.67 +.77 would prefer full-time jobs. ing-age adults who either have net job gain can result mainly Producer Sold Est. sales 230,639. Fri.’s sales 204,632 Oct 219.32 221.40 217.67 220.35 +.75 Negotiated 981 511 1,852 3,497 Fri.’s open int 1,374,263 Nov 217.85 219.42 216.40 218.52 +.32 That fi gure is down from a a job or are looking for one has from a big drop in layoffs. Other Market Formula 13,732 13,562 11,540 7,795 OATS Jan 212.60 214.00 211.05 213.92 +.92 peak of 9.2 million in 2010. But tumbled since the recession Yellen wants to see employers Swine or Pork Market Formula 39,693 31,081 35,413 5,000 bu minimum; cents per bushel Mar 209.72 211.50 208.92 211.50 +1.40 36,954 Sep 3481/4 356 3421/4 351 +1/4 Apr 210.32 211.07 210.00 210.80 it’s still up substantially from began, from 66 percent to 62.9 actively adding workers. That Other Purchase Arrangement 47,090 45,666 67,835 Dec 3273/4 332 3273/4 3301/2 —1/4 May 211.15 211.15 209.70 210.50 +.60 about 4.5 million in Decem- percent. Many of the unem- fi gure has improved since the 52,079 Mar 319 320 3171/2 3191/4 +1 Est. sales 20,219. Fri.’s sales 13,581 ber 2007, when the recession recession ended but isn’t back Packer Sold (all purchase types) 6,619 2,709 5,074 May 309 3091/4 309 3091/4 +1/4 Fri.’s open int 47,257 ployed have given up looking 2,695 Jul 3093/4 3093/4 3093/4 3093/4 HOGS,LEAN officially began. Because these for jobs. Instead, they’ve to pre-recession levels. NEGOTIATED PURCHASE (Including Packer Sold) Sep 3093/4 3131/4 3093/4 3131/4 +31/2 40,000 lbs.; cents per lb. Barrows & Gilts (carcass basis): 110 Dec 3083/4 3121/4 3083/4 3121/4 +31/2 Aug 118.17 118.40 116.90 117.07 —.95 Price not reported due to confidentiality Mar 3083/4 3121/4 3083/4 3121/4 +31/2 Oct 102.80 104.55 102.40 103.62 +.80 Est. sales 804. Fri.’s sales 1,121 Dec 94.20 96.32 93.80 95.35 +.95 CASH GRAINS Fri.’s open int 7,209, up 21 Feb 90.45 92.35 90.00 91.65 +1.05 OMAHA (USDA) -- No. 2 Yellow Corn 3.44 up 6 SOYBEANS Apr 89.45 90.97 89.25 90.20 +.65 -15U unch No 1 Yellow Soybeans 11.80-12.30 up 21- 5,000 bu minimum; cents per bushel May 91.00 91.00 89.70 89.70 +.20 16 +100X to +150X unch-dn 5 Aug 1212 12353/4 1210 12321/2 +171/2 Jun 91.45 92.80 91.10 92.35 +.70 BBBmakesvideoshowinghowascamlooksinaction Sep 1071 1096 10681/2 10951/4 +213/4 Jul 90.37 91.60 90.25 91.45 +.70 CHICAGO BOARD OF TRADE Nov 10553/4 1081 1054 10791/2 +21 Aug 88.85 89.90 88.85 89.50 +.80 CHICAGO (AP) — Futures trading on the Chicago Board Jan 10631/4 10891/2 10621/4 1088 +211/4 Est. sales 63,645. Fri.’s sales 29,387 The Better Business Bureau The fi rst scam portrayal is and to help senior family mem- of Trade Mon.: Mar 10723/4 10971/2 10701/2 10953/4 +203/4 Fri.’s open int 247,019 Open High Low Settle Chg. May 10793/4 11041/4 10791/4 11023/4 +201/2 PORK BELLIES has started producing a series about foreign lotteries. More bers recognize red fl ags. WHEAT Jul 1086 11101/4 10841/4 11081/2 +201/4 40,000 lbs.; cents per lb. of video re-enactments expos- than $100 million is lost annu- View the fi rst video on BBB’s 5,000 bu minimum; cents per bushel Aug 10853/4 11053/4 10853/4 11053/4 +20 No open contracts. ing the most common scams ally by people who are made to Sep 5343/4 5531/4 5341/4 544 +93/4 Sep 1073 10921/2 1073 10921/2 +191/2 Facebook page at Facebook. Dec 5531/4 5711/4 5531/4 5641/2 +111/4 Nov 1065 10851/2 1063 10843/4 +191/2 WORLD GOLD BULLION PRICES targeting senior citizens. believe they have won a sweep- com/bbb1936, or go to YouTube. Mar 5733/4 5891/4 5733/4 5831/2 +91/2 Jan 10693/4 10883/4 10693/4 10883/4 +19 Selected world gold prices, per ounce, Monday. “Rather than just telling stakes from another country. May 5923/4 600 587 5953/4 +83/4 Mar 10721/4 10901/2 10721/4 10901/2 +181/4 London morning fi xing: $1293.50 up $2.25. com and search “BBB of NE, Jul 594 6071/2 594 604 +81/4 May 1074 10921/4 1074 10921/4 +181/4 London afternoon fi xing: $1290.50 off $0.75. people about a scam, we are “Education is a person’s best SD, KS Plains and SW Iowa.” Sep 6091/4 6151/4 6071/2 6151/4 +73/4 Jul 10781/4 10951/4 10781/4 10951/4 +17 NY Handy & Harman: $1290.50 off $0.75. showing how the con is perpe- defense against scammers,” Dec 6281/4 6323/4 622 6293/4 +73/4 Aug 10733/4 10903/4 10733/4 10903/4 +17 NY Handy & Harman fabricated: $1393.74 off $0.81. The BBB also operates a Mar 6313/4 6391/4 6313/4 6391/4 +71/2 Est. sales 164,092. Fri.’s sales 169,105 NY Engelhard: $1296.35 off $0.30. trated. You can hear and see a Hegarty said. He encourages May 6373/4 6401/2 6341/4 6401/2 +61/4 Fri.’s open int 621,456, up 12,994 NY Engelhard fabricated: $1393.58 off $0.32. ‘real’ scam going down and the family members to keep lines toll-free Senior Line at 877-637- Jul 6323/4 6341/4 6291/2 6341/4 +43/4 NY Merc. gold Aug Fri. $1293.60 up $12.30. Sep 6291/2 6341/4 6291/2 6341/4 +43/4 CHICAGO MERCANTILE EXCHANGE NY HSBC Bank USA 4 p.m. Fri. $1294.00 up $11.00. consequences for the victim,” of communication open with 3334 to ask about offers, fi le Dec 6401/2 6451/4 6401/2 6451/4 +43/4 CHICAGO (AP) — Futures trading on the Chicago said Jim Hegarty, president parents and grandparents to a complaint or hear about the Mar 6401/2 6451/4 6401/2 6451/4 +43/4 Mercantile Exchange Mon: NONFERROUS METAL PRICES Est. sales 125,655. Fri.’s sales 119,885 Open High Low Settle Chg. NEW YORK (AP) — Spot nonferrous metal prices M. and CEO of the area BBB. spot suspicious spending habits “scam of the month.” Fri.’s open int 435,812 CATTLE Aluminum -$0.8910 per lb., London Metal Exch. CORN 40,000 lbs.; cents per lb. Copper -$3.2104 Cathode full plate, LME. 5,000 bu minimum; cents per bushel Aug 157.30 158.95 156.25 158.22 +.92 Copper -$3.2065 N.Y. Merc spot Fri. Sep 3511/2 3611/4 3511/2 3583/4 +61/4 Oct 156.25 157.00 154.95 156.22 +.22 Lead - $2196.50 metric ton, London Metal Exch. Dec 361 371 361 3691/4 +7 Dec 156.57 157.20 155.12 156.32 —.10 Zinc - $1.0645 per lb., London Metal Exch. Mar 374 3831/2 3733/4 382 +71/4 Feb 156.45 157.12 155.25 156.62 —.10 Gold - $1290.50 Handy & Harman (only daily quote). May 3821/4 3911/2 3821/4 3901/4 +7 Apr 155.95 156.32 154.60 156.27 +.32 Gold - $1293.60 troy oz., NY Merc spot Fri. Jul 390 3983/4 3893/4 3973/4 +7 Jun 147.52 148.25 146.75 147.85 +.15 Silver - $20.230 Handy & Harman (only daily quote). Sep 397 4051/4 397 405 +7 Aug 145.40 146.50 145.20 146.02 +.05 Silver - $20.332 troy oz., N.Y. Merc spot Fri. Berkshire: Looking for a big investment Dec 405 4133/4 405 4131/4 +71/4 Oct 147.70 148.00 147.45 148.00 +.30 Platinum -$1465.00 troy oz., Handy & Harman. Mar 4161/2 4221/2 4153/4 4221/2 +63/4 Dec 148.00 148.25 148.00 148.00 +.30 Platinum -$1463.30 troy oz., N.Y. Merc spot Fri. Continued from Page 1 a third of the total from a year research fi rm. That compares May 422 429 422 429 +61/2 Est. sales 69,591. Fri.’s sales 60,953 n.q.-not quoted n.a.-not available r-revised earlier. Its sales of stock more with 9.8 times in the prior tal-intensive units. In the last 15 years, Buffett has bought than doubled to $2.96 billion. period. Consulting fi rm Bain & electric utilities, natural-gas “It’s more difficult, across Co. has said that a reasonable pipelines and the railroad, the board, to fi nd cheap assets,” leveraged buyout price is less which routinely require billions said John Fox, director of than eight times EBITDA. Skyline: of dollars in spending to main- research at Fenimore Asset Unlike private-equity fi rms, Loan debt weighs down center Management Inc. in Cobleskill, which are under pressure to tain and upgrade equipment. In say it has been in default since more than enough money for New York. invest limited partners’ funds, Continued from Page 1 June, he said he was prepared last year. operational expenses such as Other acquirers are also Buffett has the benefit of Chapter 11 bankruptcy protec- to double his outlay on renew- “People need to know what is wages, supplies, food, utilities awash in cash. Private-equity Berkshire’s long-term share- tion in May. Chapter 11 is the able-energy projects after going on, and I am happy to do fi rms were sitting on a record holders who support his refusal section of the federal bankrupt- and so forth; it is the Oxford committing $15 billion over the so as I believe in transparency,” $1.16 trillion of capital as of to rush an acquisition or stock cy code that allows debtors to loan, he said, that motivated the last decade. Ross said. “Everyone is being July, according to Preqin Ltd., a purchase. continue operating under court bankruptcy. Buffett still needs to fi nd well taken care of, and I am He said that there are plenty other outlets for the cash. He’s London-based research fi rm. “The guy’s just not going to supervision while they hammer very pleased with the staff.” “The amount of dry powder spend the cash to spend it,” said out a new repayment plan with of active buyers in the market shunned paying a dividend, It hasn’t always been the for health care real estate and arguing that shareholders are is unprecedented,” said David Wedgewood Partners’ Rolfe. creditors. The nonprofit cited case, according to court docu- Fann, CEO of TorreyCove Capi- He’s “the best market timer I between 200 and 999 creditors that he expects no difficulty in better off letting him invest ments. In December, Skyline’s fi nding a new owner. the funds. He rarely buys back tal Partners LLC, which advises ever saw.” and $10 million to $50 million in license to operate was scheduled Skyline was appraised at shares. investors in private equity. In 1998, the Berkshire CEO both assets and debts. to be revoked, according to between $18.5 million and When opportunities do arise, “This is the most amount of wrote in his annual letter to Ross said Skyline Manor court fi lings by Oxford. Sky- $26 million, according to court Buffett has shown he can move money that they’ve had to work shareholders that he and Vice consists of a retirement home, line, which was on probation- fi lings. That would suggest there decisively. The cash pile fell with.” Chairman Charlie Munger an independent living center and ary status with the state until would be enough to pay Oxford to $35.7 billion on June 30 last The money pile has prompt- drew inspiration from Ted other accommodations totaling recent weeks, was inspected by and at least something to other year as he teamed up with buy- ed warnings from executives Williams, the Hall of Fame 350 living spaces among them. Nebraska regulators last month creditors; the Chapter 11 fi ling out fi rm 3G Capital to take H.J. including Blackstone Group baseball player whose disci- There are about 250 residents and given a clean bill. Heinz Co. private. In 2011, it LP President Tony James and pline at the plate helped him now, he said. “Staff we met with indicated indicated Skyline expects there dipped to a similar level when Apollo Global Management win six batting titles. The main problem is not a more stable work environment will be money after reorganiza- he spent $10.9 billion amassing LLC co-founder Josh Harris “Unlike Ted, we can’t be ongoing operating expenses. at this time, facility vendor con- tion to pay creditors. a stake in International Busi- that some private-equity fi rms called out if we resist three Rather, Skyline owes a lender, tracts are being maintained and There are many creditors not ness Machines Corp. are paying too much. pitches that are barely in the Virginia-based Oxford Finance, they feel the needs of residents holding collateral, according to While Buffett has said that Transactions of more than strike zone,” Buffett wrote. between $11 million and $12 mil- are being met at the present court fi lings, Large recognizable low yields made him avoid $250 million were valued at “Nevertheless, just standing lion for a loan taken out to time,” reads a July 14 report by ones include the Hy-Vee super- bonds, not even stocks have 10.2 times earnings before there, day after day, with my refinance earlier debt at better the Nebraska Department of market chain, owed $46,600, tempted him much this year. interest, taxes, depreciation bat on my shoulder is not my terms. The Oxford loan is se- Health and Human Services that and the Omaha Public Power The fi ling showed that Berk- and amortization in the fi rst idea of fun.” cured by the retirement center’s was fi led with the bankruptcy District, owed $164,700. shire spent $2.05 billion on quarter, according to Pitch- The Omaha World-Herald Co. property and assets, according court. Contact the writer: equities in the fi rst half, about Book Data Inc., a Seattle-based is owned by Berkshire Hathaway Inc. to court documents, which also Ross said the home collects 402-444-3133, [email protected]