Business

<< Previous   of   Next >>   ADVERTISEMENT   CONTACT THE HERALD Mike Benbow, Business Editor benbow@heraldnet.com   Published: Thursday, June 22, 2006 Business briefs Cascade raises share dividend Cascade Financial Corp. has declared a 7.5-cent-a-share dividend. The payment will be made July 26 to shareholders of record as of July 12. The payout represents a 4.2 percent increase from the previous quarter, after adjusting for a 5-for-4 stock split in May. Job trainers win $300,000 vet grant Snohomish County will receive $300,000 from the Labor Department to aid homeless veterans, U.S. Sen. Maria Cantwell, D-Wash., announced Wednesday. The money will be sent to the Workforce Development Council to help veterans get back into the work force. Vets with stolen info will get credit help Veterans whose personal information was stolen from a Veterans Affairs employee's home last month will receive free credit monitoring from the government to protect against identity theft, the government said Wednesday. Names, Social Security numbers and birth dates for up to 26.5 million veterans and military troops were included on a laptop computer that was stolen. FedEx earnings increase 27 percent FedEx Corp. reported a 27 percent increase in fourth-quarter earnings Wednesday and raised its profit forecast for the coming year. The company earned $568 million, or $1.82 a share, in the quarter that ended May 31. That was up from $448 million, or $1.46 a share, a year ago. On average, Wall Street analysts predicted earnings of $1.77 a share on sales of $8.42 billion. Goodyear to cut some private labels Goodyear Tire & Rubber Co., the world's largest tiremaker, on Wednesday said it was axing a third of its private label tire business and cutting manufacturing jobs to improve profits. The Akron, Ohio-based company said about 10 brands of tires manufactured by Goodyear but sold under other names will be eliminated. Adobe and Google forge Toolbar deal Adobe Systems Inc. said Wednesday it has signed an agreement with Google Inc. to distribute the Google Toolbar with various Adobe products. Financial terms of the deal weren't disclosed. The term of the agreement also wasn't disclosed, with Adobe referring to it only as a "multiyear" deal. Adobe said the estimated revenue from the agreement for fiscal 2006 was factored into its previously announced financial targets. From Herald staff and news services

1. Arlington brothers’ fight led to death, police say 2. Detectives consider slaps to father lethal 3. Woman found dead at Bothell house fire 4. Two teens hurt in collision near Granite Falls 5. Lottery win helps Lake Stevens convenience store owner pay bonuses 6. Everett man shot in groin; two men, one woman are arrested 7. I-5 car chase was result of driver's medical condition 8. CBS cancels ‘As the World Turns’ 9. Jail inmates’ meal complaint omits a crucial fact 10. Locker dips toe in NFL pool 2 - Top 10 Stories Most Talked about 3 - Top 10 Stories Most Emailed

• Zambian woman thanks students for their help • Food banks see rise in use • ‘Making Spirits Bright’ in Edmonds • Wolfpack takes aim at state • Seahawks help students smile • 95 and still volunteering • Sno-King joined by local TV king • Veterans back for Wildcats • Lynnwood seeks to plug $2 million budget gap • Boeing will build, flight test and deliver 787s in South Carolina to spe ... • Snohomish County EDC promoting job growth in key industry clusters • $4 million grant to advance brain tumor research has Everett links • Providence medical center construction tops off its 12-story steel frame ... • Tulalip affordable housing project to be financed by KeyBank, Raymond Ja ... • Arlington's Lak of Ink has a growing following for Luke Kooyman's creati ... • Bank of the Northwest formed • Cascade Bank earns $1.6 million