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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Feb 10, 2004

Page

14

Stock Markets Edge Lower Amid Investor Nervousness

Markets drift as investors await Fed Chair Greenspan testimony with Dow off 14 points and Nasdaq down 3.44 amid cautious trading. PepsiCo raises 2003 and 2002 earnings after correcting stock option expense. Moore Wallace CFO suspended over a misdated memo in a restructuring probe.

Moore Wallace Inc Mark Hiltwein Moore Wallace Iowa City New York Stamford Pricewaterhouse-Coopers Hiltwein

Mixed Results In Treasury Bill Auction

The Treasury sold 19 billion in three month bills at a 0.920 percent discount rate unchanged from last week. Six month bills totaling 17 billion carried a 0.990 percent discount rate down from 1.000 percent. The actual yields were 0.939 percent for three months and 1.011 percent for six months with $10,000 and $9,950.90 prices respectively.

Treasury Treasury Department Gazette News Service

Australia and United States sign free trade deal

Australia and the United States sealed a multibillion dollar free trade pact aimed at eliminating duties on most U S manufactured exports to Australia and most Australian goods sent to the United States. Opposition Labor warned of vetting and possible changes if the deal is not in Australia's interest.

Australia U.S Sydney Labor Party Mark Latham Howard Bush Chuck Grassley Grassley Congress Robert Zoellick

Heartland Financial to buy Montana bank Rocky Mountain Bancorporation

Heartland Financial USA Inc. of Dubuque agrees to acquire Rocky Mountain Bancorporation and its Rocky Mountain Bank for about 34.5 million dollars in a 50 50 cash and stock deal. The merger preserves Rocky Mountain Bank’s name and charter and requires Federal Reserve and shareholder approvals with closing expected in Q2.

George C. Ford Gazette Heartland Financial USA Inc Dubuque Rocky Mountain Bancorporation Rocky Mountain Bank Montana Heartland Rocky Mountain Federal Reserve United States Lynn Fuller Fuller Heartland Financial Don Fraley Iowa Illinois Wisconsin New Mexico Arizona

Ferrellgas to Acquire Blue Rhino in $340 Million Deal

Ferrellgas Partners LP agrees to buy Blue Rhino Corp for 340 million dollars. Blue Rhino operates over 29 000 exchange locations for propane tanks and will keep its Winston Salem headquarters and trade name. The deal values Blue Rhino at 17 dollars a share with a 22 percent premium and is expected to close in May or June.

Ferrellgas Partners Blue Rhino Liberty Dow Jones/AP Ferrellgas Partners LP Blue Rhino Corp Winston- Salem N.C Ferrellgas Winston-Salem New York Stock Exchange

GM recalls 636000 midsize SUVs for windshield wiper fix

GM recalls about 636000 2002 2003 model year TrailBlazer Envoy Bravada and Isuzu Spencers to inspect wiper module for water intrusion. Some vehicles built 2000 to 2002 may have vent hole water exposure causing short circuits. Repairs at no cost to customers begin in Q3 with dealer inspections and patch covers.

Detroit General Motors Corp Canada

InterActive Corp posts stronger fourth quarter earnings

IAC reported net income of 153 million dollars or 20 cents a share for the quarter ended December 31, up from 145 million or 30 cents a year earlier. Revenue rose 36 percent to 1.8 billion as Travel and Tickets plus Match.com and Hotels.com boosted results.

Los Angeles InterActive Corp Expedia Ticketmaster Citysearch IAC Access Direct Cedar Rapids Hotels.com Match.com Thomson First Call

Also Mentioned on This Page

DOW Nasdaq Alan Greenspan Greenspan Michael Murphy Wachovia Securities Baltimore PepsiCo PepsiCo Inc N.Y AP Stockquote AMEX Pact John Zoellick Tower Records Elvis San Francisco MTS Inc Montana Bank George. Ford Gazetteco The Sylvia Brim CPA CFP CSA East Iowa McLeod USA APAC Aegon NV McLeod USA A Alcoa Inc Mestek Alliant Energy Nash Finch Arch Dan Mid Pearson PLC Bandag Inc Caseys Gen Store Pentord Corp Columbus McKinnon Comel Fed Procter Gamble Deere Co Qwest Commun WAT RF Micro Devices Dillards Inc Ralcorp Holding Fastenal Co Featherlite Inc Rockwell Collins Fiserv Saks Inc Genencor Intl Inc Sealed Air Gen Mills Skyworks Solution Gillette Co Tanger Factory Terex Co Heartland Exp Heinz Toyota Met Hon Inds Union Planters Intl Paper Old Fire Cas Keane Inc US Bancorp Kohls Corp US Cellular Unova Inc Longon Macc Pry Eat Verizon Comm Marsh & McLennan WalMart Sirs Maytag Wells Fargo & Co Weyerhauser Linden Dr. SE Werro Laren Y
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