American Home to Buy Monsanto in $33 Billion Merger
St Louis based Monsanto and American Home Products announce a merger valued at about 33 billion dollars creating a company with 23 billion in annual sales. The deal, pending stockholder and regulator approval, would shift Monsanto deeper into drugs and biotech while American Home faces potential 2 to 3 billion dollars in settlements from Redux Pendimin and Norplant suits.
MENTIONED IN THIS ARTICLE
ST. Louis
American Home Products Corp
Monsanto Co
Daimler- Benz
Chrysler Corp
Monsanto
American Home
Madison
N.J
SmithKline Beecham PLC
New York Stock Exchange
Manufacturing growth slows more than expected
U S manufacturing expanded at a slower pace in May with the NF PMI slipping to 51.4 from 52.9 in April as Asia’s financial troubles weighed on exports and imports. The reading surprised economists and sparked discussions on the economy’s durability while markets saw little need for near term Fed rate hikes. Construction spending rose in April for the fifth straight month, boosted by low rates tied to Asia’s turmoil.
MENTIONED IN THIS ARTICLE
New York
U.S
Asia
National Association of Purchasing Management
Sherry Cooper
Nesbitt Burns Securities of
Chicago
Dan Seto
Nikko Securities International Inc
Federal Reserve
Fed
Cooper
Commerce Department
United States
Tech selloff weighs on Nasdaq as Intel delay shocks market
Blue chip stocks edge higher while technology shares fall after Intel delays a key semiconductor by at least six months. Dell Microsoft and Applied Materials drop as Nasdaq sinks nearly 2 percent and the Dow slips from gains amid renewed fears of Asia-driven profits. The session ends negative for most broad indexes despite a Fed inflation outlook easing.
MENTIONED IN THIS ARTICLE
New York
Intel
Dow
Dell Computer
Microsoft
Applied Materials
Federal Reserve
Real Estate Deeds Passed in Mercer County Clerk Office
Mercer County deeds record transfers numerous properties in Princeton Bluefield and surrounding districts. Notable transfers include Sandra Goodwin to David Tolliver Garden Oaks unit 1 Princeton, and Melissa Hedge through multiple parcels on College Street Extension Princeton. Several title changes involve Sunny Meadows Subdivision Ridgeway Street NR Princeton East River District and Bluefield addresses. Multiple names appear in sequence including Hedge Hensley Hill Mabrey and Kephart with various lots and easements.
MENTIONED IN THIS ARTICLE
Princeton
Mercer County
Sandra Goodwin
David Tolliver
Garden Oaks
East River District
Jane Hale
Melissa Hedge
College Street
Ralph W. Hale
Mary Jossta Lackey Harris
Pauline McConnell
Bird
Water Work Imp Co
Greenbrier Street
Bluefield
Jamie D. Hedge
Steve R. Burks
Sunny Meadows SD
Ridgeway Street
Melissa Pauline Hedge
Jammie Lee Hensley
William H. Hensley
Lilly Land Co
Addn
Montcalm
Fourth Street
Rock District
Linda Lester
Appalachian Power Company
Plymouth
Doris Lewis
Charlie R. Lowe
East River
Jack Lewis
Helen P Reed Lynch
Oliver E. Pettrey
Princeton Land Co
Ada
Glen E. Mabrey
Sharon E. Tibbs
Mountain View Avenue
City Bluefield
Johns Walters
City
Lynda A. Mabrey
John Walters
Garnet J. Martin
Charles K. Houchins
Gordon
Union
Young
City of
Tobacco bill teetering under partisan pressure
Senate leaders warn sweeping tobacco legislation may fail as amendments would raise company penalties and strip legal protections. McCain’s bill faces at least 516 billion dollars in costs over 25 years, a 1.10 per pack price rise, and FDA nicotine regulation. House leaders push a lower price tag amid election-year politics.
MENTIONED IN THIS ARTICLE
John McCain
Lott
Judd Gregg
R-N.h
Patrick Leahy
D-Vt
Senate
Richard Durbin
D-Ill
Durbin
Gregg
McCain
Food and Drug Administration
Arizona
Barry Goldwater
Phil Gramm
Texas
Capitol Hill
Bill Paxon
National Republican Congressional Committee
Also Mentioned on This Page
Ron Campbell
Ameritech
At&t Corp
Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Crestar Financial
CSX Corp
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
1St Virginia Bank
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE Corp
Georgia Pacific
Glaxo Holdings
Gillette CO
Goodyear Tire
Hercules Inc
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's CO
Lucent Technologies
Mapco Inc
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Mylan Labs, Inc
Nash Finch CO
Nationsbank Corp
Navistar Int'l
Southern
Occidental Pete
ONE Valley Bank
Pennzoil CO
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Pittston Burlington
Pittston Minerals
Potomac Elec
PWR
Praxair, Inc
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's Inc
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
Marathon Oil
Usx-U.s. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westwaco Corp. Valley Nat'l Gases
Xerox Corp
Kenneth D. Hill
Lizbeth D. Hill
Circle Street
Lizbeth D. Kephart Hill
Richard L. Jackson II
Carolyn S. Truman
Hale Land Company
Joyce T. Kephart
Circle
Franklin Street
Russell L. Lemaster
Mid-State Trust
City of Bluefield
Leon Lester
R W
Michelle Lynn McBride
Marcie McBride
Gerald D. McKinney
Rebecca S. Terry
McKinney
Beaver Pond
June McKinney
Garnet McManaway
Thomas Earl Reed
White Oak Valley
White Oak Drive
Mary McManaway
Mary Patricia Meade
Raymond L. Hutchens
NPT
Cliffmont Avenue
B. G. Moore
Phoenix Diversified Ventures
Deborah C. Morris
First Community Bank Mercer Co
Union Street
Lavina Morris
Deborah Ann Nash
Willard Burks
Littlesburg
Husband
Chase
Edris H. Miller
Bluefield State College
Chrissy
Mom
Carla Chinsolo
National Business College
PCH Transcription Gang
Parente
Aleaha
Lynette Lippencott
Deca
Interact
Russell
Family
Shrea
Bluefield Baily Telegraph
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