Stocks rise on Wall Street as oil jumps and CPI eases
The Dow gains 18.28 to 9 972.83 and the Nasdaq adds 12.41 to 1795.25 as investors absorb a cooler inflation report. Home Depot lifts full-year outlook with 19 percent earnings rise to $1.55 billion and $19.96 billion revenue, while Saks posts a wider second-quarter loss despite higher sales.
MENTIONED IN THIS ARTICLE
Wall Street
Bill Greenveld
vFinance Investments
Dow Jones
New York Stock Exchange
The
Home Depot Inc
Cedar Rapids
Waterloo
Saks Inc
Younkers
Saks
Thomson First Call
Economy ends July in decline as prices slip
Consumer price index dipped 0.1 percent in July marking the first drop since November while industrial production rose 0.4 percent and housing starts jumped 8.3 percent. Analysts played down June softness and signaled the economy May be emerging from a soft patch with oil prices near record highs.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve
Alan Greenspan
Mark Zandi
Economy.com
Labor Department
SEC staff to push civil action against Tyson Foods
SEC staff plans a civil enforcement action and potential penalties against Tyson Foods for benefits paid to executives. Allegations target 1997 to 2003 proxy statements and about 1.7 million in perks for former senior chairman Don Tyson and weak internal controls on asset use. Shares closed down 19 cents at 18.51.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
Tyson Foods Inc
Tyson Foods
SEC
Don Tyson
New York Stock Gazette
News Service
Costco tests caskets alongside mattresses in Chicago
Costco begins test marketing six Universal Casket Co models at a North Side Chicago store and Oak Brook location priced at 799.99 dollars. Buyers like Gina Bianche say it offers value, while shoppers react with mixed feelings about purchasing a casket in a bulk retailer setting.
MENTIONED IN THIS ARTICLE
AP Kyle Green
Universal Casket Co
Costco
Chicago
Costco Wholesale Corp
Oak Brook
Gina Bianche
Issaquah
Wash
David Walkinshaw
National Funeral Directors Association
Inga Barth
Deere earnings jump as crop prices boost farm equipment sales
Deere & Co. reports a 62 percent rise in third quarter net income to 401.4 million or 1.58 per share on 5.4 billion revenue. Strong agricultural equipment demand, aided by favorable crop prices, drove 34 percent gains in ag equipment and 40 percent in turf and forestry sales. For nine months, earnings reach 1.05 billion on 14.78 billion revenue as stock trades amid profit taking.
MENTIONED IN THIS ARTICLE
Moline, Ill
Deere & Co
Wall Street
Thomson First Call
U.S
Deere
Google IPO delayed awaiting SEC approval
Google Inc delays its long awaited initial public offering as the SEC will not rule on the registration today. Regulators would not set a new decision time and no reason for the delay was given. Google seeks about 25.7 million shares priced $108 to $135 each for a potential $3 billion IPO and a market value near $30 billion.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Google Inc
Securities and Exchange Commission
Google
John Heine
SEC
Internet
Heine
Larry Page
Sergey Brin
U S rejects tariffs on Canadian hogs in preliminary ruling
Commerce Department says Canadian hog subsidies are too small to trigger countervailing duties. U S hog groups warn of price damage. final decision due in December after data verification. Canadian producers boosted output while U S farmers faced low prices, officials note.
MENTIONED IN THIS ARTICLE
Washington
Canada
U.S
Commerce Department
United States
National Pork Producers Council
Jon
Swaledle
Iowa
Cotes
Also Mentioned on This Page
Nasdaq
Fyo
Home Depot
Bush
Charley
Michael Carliner
National Association of Home Builders
New York
Yukos
Ondjfm
Bureau of Labor Statistics
Cui
Ubu
Department of Commerce
Tyson
SciTyme
AP Stockquote
John Neuhaus
Gretchen Henninger
Commission
Yahoo Inc
General Motors Corp
Caspers
Gazette
Paul Rosenthal
Council
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!