The Kansas City Star from Kansas City, Missouri • 12

A -VI j' 1 1 i 1 yj ti't-i a -w wa hjwiwMWw a-- WEDNESDAY "i1'1: J-d- ivs'-i-wsn i -Vf'-' on 65 cents srifareiqfrd(n $216 mOlion 56 Cents in foe first quarter last year Noninterest income was up percent but netlntorest inccnne was fiat In die noo-foteest catogprj income from trust sad securities processing was up mbrt dfon fiO million aided by the KansasClty $outhem'-: Kansu City Southern beat firsbquarter fbrecastsHiee- daypushingitsstocktoa ooe-yearhigh Strang growth in all area Jed it to report firstqdarter earnings per share of34 cents ma sales of $4363 million Analysts on average li f'X Investors are once again worried foat debt problems in Greece and Portugal could threaten die global economic recovery Stocks plunged in die ULS and Europe On Thesday after Standard Poor's downgraded the debt of foe two European nations The Sow Jones industrial average fell 2D points its worst loss in almost three months All the major market indexes were down about 2 percent sent theddur up more than LI against the euro its level in about a year At the same time gold and Treasury prices rose as investors sought safer investments The 4'" three often do hot trade ta foie' same direction was a knee-jerk reaction said Brian Peardon a wealth adviser at Harrison Financial Group in Citrus Heights Calif Peardon said die small sizes of and 1 mies mean their debt struggles are not yet a major problem But if the nations were to default on their debt other nations that hold their bonds also would suffer Debt-strapped nations also probably would find it harder to spend more to stimulate their economies and help feed foe global economic recovery econo- Thesday's downgrades overshadowed die latest series of upbeat earnings reports from Casino expected r' i- i ri em p' i including 3M andDUpooL The Dow fen m04 or l9 percent to l099L99 was die biggest drop for the fodex since fell 26837 on FehA also amid concerns about European debt problems The Standard 0c Poor'S $00 fodex fen 2834 or 13 percent to U837I while the Nasdaq composite fodex dropped 5L48 or 2 percent to 247147 Only 498 stocks roseon die New York Stock Bwhaner while 1592 felL Volume came to a heavy L68 billion shares confoedwto with L2 billion Mon-day ft pldred up markedly iriien news of the ratings downgrades came out I The Associated Press to open in 2012 Joe Reardon described foe casino project as a 'triticaT' part of encouraging more tourism in western Wyandotte County The construction agreement calls for setting aside 15 percent of die work for county businesses as well as 15 percent for minority companies and 7 percent for women- owned firms we look at whafS going on with commercial construction fois is extremely Reardon said There are not a lot of pro- jects starting over the next few fos ana this will be impor- monfosi tant not only for our commu--nity but the entire 16 iwch Kavln CoMson can SW-234-42Moraanda-maSto 3Lceqts a nhart sndits revenues $41 07 foilllna The railroad company's stock dosed share up 2 percent on foe day Kansas City Southern which operates in the central United States and throughout Mexico said it experienced ctouble-digit volume growth in five otits six commodity group AH foe groups posted double-digit revenue growth as wdL traffic juxxmed 15 percent compared with foe same period last year For the three months ended March 3B Kansas City Southern posted net income of $324 million conmared witha loss of $81 million during foe same time last year Revenues were up 26 percent over last year UMB Financial Southern posted UMB Financial first-quarter earnings were up percent fount year ag die company said Tuesday UMB shares dosed down 72 cents at $4238 UMB earned $263 million Road die other half owned by the Kansas Speedway Development Corp The casino is ex- 2 percent to a problem pected to employ people bung fund leaving 73 after it opens in early 2012 formepartners The Hollywood Casino is Unified Government Mayor of foat grosa Three percent will go Wyandotte County and acquisition last year of foe corporate trn business of American National Trust of Derrvet UMFsnonperibrmfog are up $173 million loans were up $175 1 or 254 percent foam a year fGrag Heck ghackkcstarcoin Waddell Reed Waddell Reed reported a strong start to 20MV with increases in earnings revenue and assets under management Bor foe first quarter Wkd-dell Reed earned $3S9 million or 42 cents a share up from $153 million or 18 cents a share in the first quarter of 200 Revenue increased to $2SL6 million in foe quarter vs $176u6 million in foe same period a year Assets iinHw management in- creased S3 percent to $71 hillinn The company's stock closed at $261 down $236 The company also reported improvements in net assets under management in its three main mutual fund Mllef rhamieli IStavaRosen nfccstarcom trip! one of four regional casinos authorized by foe stale of Kansas in 2007 Management of die facilities is contacted out but foe owner is foe Kansu Lottery The regulating agency is this state Racing ami Gaming Corn- Only one of the four casinos in Dodge Cite has opened so fat The Hollywood for the sure's northeast quadrant will he the second and much bigger The Dodge City casino has 575 skits and 12 gambling tables Jeff Boerger president of die Speedway Development Corp said the casino was expected to attract 4001000 people annually and grass more than $200 million The state will receive a minimum of 22 percent The three hosts from the famed Rare Visions television show are back this time with a coast-to-coast road guide that you wont want to miss! The book features more than 200 full-color pages of travel fun carved into five digestible geographic chunks Tips maps and more! Just $1595 OS 1 4 X3K Tnf credit deadKnt ttorvhorrietjUn hd home seMraae rush toto hammer out sates agree' ments before thataix owfitfor h0me4 purchases expires this have deal toy Friday and close by June 30 to qualify for the federal taxbreaknowupto $8000 for first-timers and $6300 for those moving to a different residence Feds review Toyota accident Federal officials reportedly want to review a New Hampshire collision that killed four people three in a Ibyota Highlander The Boston Globe reports that the National Highway Traffic Safety Administration received two consumer complaints about foe October accident Police said the SUV sped into foe break-l lane then swerved down across Rotite 202 into oncoming traffic Porsche Panamen 4S Porsche recall Porsche SE is recalling 3J76 vehlctes in the US Including the Panamera 4S and TUrbo four-door sedan because of possible defects with seat belts App for iPhone AT8T Inc has introduced an application for business users of Apple Inc's iPhone as the carrier looks for new ways to boost revenue in a near-saturated mobile market "Hie application called Connect will help customers conduct conference calls and send text messages during them Toxic metal crackdown Wal-Mart Stores Inc said it has started to crack down on the use of the toxic metal cadmium In children's Jewelry and other kids' products The new policy doesn't affect what's on the shelves now Instead children's jewelry craft-making kits and toys along with child-care articles such as bibs and pacifiers manufactured as of April 9 are bejpg tested for cadmium Wal-Mart said Southwest fined Southwest Airlines has been fined $200300 for failing to comply with federal rules for bum rbump-ifrom i who are bumped involuntarily are entitled to payments of as much as $800 and must be given written statements as to their right Telemarketing accusation The Federal Trade Commission has accused Thlbots of making at least 34 million telemarketing calls In 2009 for Its Wbots and 1 Jill brands that yiolated federal law Intended to protect consumers against intrusive telemarketing Star news sendees illeeda ft Website V- gfwlsMdiiMftmmfkr izr SPEEDWAY: FROM ATI expansion that includes a hotel wmi tq to 300 rooms The rest of die casino cost covers design work and die considerable expense of installing gambling marhiiw and ocher furnishings The casino will have 1300 slot machines and 86 table games plus upscale food and entertainment amenities "The signature element will be the Hollywood on the Roof entertainment venue" the architect said The two-story entertainment venue will have a big-screen video wall that wraps around the back live entertainment and a balcony overlooking the The buiklfog architecture will have an art deco flavor with subtle racing influences foe track side of the building well have a lot more metal and curves that will have an automotive Yaeger said Karen Bailey director of pub-lic affairs for Penn National Gaming said the casino would flow from the flow area in the front to the more open enter- tainment area facing the track The track side will include a beer gardens speedway An integral part of the will be of video screens she said showing movie trailers and entertainment news and updating patrons on whafs happening in the area The casino will include a area that can 1000 people Penn National Gaming has a 50 percent interest in foe casino through a venture called Penn Hollywood Kansas with am -rT I jp'i-i-L IJiS-miil mmwa ii aiiMtuVa! mm mm REVDUII10N ft CLICK monechevroletcom 33 i 1.