Holiday Spending Statement from UMB Financial CIO Bill Greiner
November 23 2005 - 12:19PM
Business Wire
UMB Financial Corporation (NASDAQ: UMBF) Chief Investment Officer
Bill Greiner releases the following statement concerning the
current holiday spending environment: "Overall, we expect spending
will be above average this holiday season. Declining gasoline
prices and rising employment levels are expected to spur decent
demand at many retailers. "Areas of projected strength include
consumer electronics, where demand for 'hot' items such as the iPod
Nano and Microsoft's Xbox is likely to be robust. That sector
should also benefit from falling prices on flat-screen,
high-definition televisions." Bill Greiner Chief Investment Officer
UMB Financial Corporation 816-860-7260 UMB Financial Corporation is
a multi-bank holding company headquartered in Kansas City, Mo.,
offering complete banking and related financial services to both
individual and business customers. Its banking subsidiaries own and
operate 140 banking centers throughout Missouri, Illinois,
Colorado, Kansas, Oklahoma, Nebraska and Arizona. Subsidiaries of
the holding company and the lead bank, UMB Bank, n.a., include an
investment services group based in Milwaukee, Wisconsin, a trust
management company in South Dakota, and single-purpose companies
that deal with brokerage services, consulting services and
insurance. UMB was named one of Business Week's "Web Smart 50"
companies in 2005.
UMB Financial (NASDAQ:UMBF)
Historical Stock Chart
From Aug 2024 to Sep 2024
UMB Financial (NASDAQ:UMBF)
Historical Stock Chart
From Sep 2023 to Sep 2024