Investors boost stocks as mergers ease inflation fears
Investors returned to buying as two merger announcements and a third report boosted confidence. Government data showed modest inflation and better earnings, lifting the Dow 62.59 points to 10,673.79 while the Nasdaq rose 0.93 to 2,031.25 amid a broad advancer advantage.
MENTIONED IN THIS ARTICLE
Brian Belski
Piper Jaffray
New York Stock Exchange
NAFTA Chapter 11 eyed as Canada seeks billions over beef ban
About 500 Alberta cattlemen file 121 claims under NAFTA seeking at least 325 million dollars in damages from the United States for the May 2003 border halt on Canadian beef and cattle. Critics warn large awards could push lawmakers to weaken health and environmental safeguards.
MENTIONED IN THIS ARTICLE
Seattle Times
Seattle
U.S
Alberta
NAFTA
Mississippi
Marilyn Chase
D-Edmonds
Chase
Central America
Canada
Mexico
United States
Public Citizen
Global Trade Watch
Washington, D.C
CPI Ticks Up 0.1 Percent as Energy Decline Eases
The Labor Department reports January CPI rose 0.1 percent after a December hold. Energy costs fell sharply in both months, but analysts warn a rebound in world crude prices may lift February and March prices. FCC orders AT&T to pay about 500 million for prepaid card fee avoidance.
MENTIONED IN THIS ARTICLE
Labor Department
ADM shares fall after Merrill downgrade
Archer-Daniels-Midland declined after Merrill Lynch cut its rating to neutral from buy, saying the stock is now fully valued. The Decatur Illinois processor dropped 1.81 to finish at 23.10 on the NYSE, trading near Merrill’s 12 month target of 22 and up about 12 percent since Jan 2.
MENTIONED IN THIS ARTICLE
Archer-Daniels- Midland
Merrill Lynch
Decatur
Ill
New York Stock Exchange
Leonard Teitelbaum
Video drives sales site's success
Wayne Satterlee of Conroy built Trader-on-Wheels.tv two years ago to sell used trucks with video walk‑arounds. Dealers and private sellers post rig details and photos while videographers shoot with digital camcorders. The site drew over 25 000 visitors last month and Satterlee seeks investors to expand to motorcycles and boats.
MENTIONED IN THIS ARTICLE
the Gazette
Wayne Satterlee
Conroy
Satterlee
Trader-on- Wheels.tv
Midwest
FedEx
Wal-Mart eyes Maquoketa for a Supercenter
Wal-Mart Stores Inc considers Maquoketa as a potential site for a 105 000 square foot Supercenter with a 2006 opening planned if a suitable site is found. Spokesman Ryan Horn notes this depends on community fit and mentions ongoing negotiations.
MENTIONED IN THIS ARTICLE
Telegraph Herald
Maquoketa
Wal-Mart Stores Inc
Ryan Horn
Horn
Wal-Mart
Brian Wagner
Main Street
Wagner
Lisbon firm launches trucker focused web directory
Trucklinks com in Lisbon targets trucking pros with a screened directory of parts yards loads and jobs drawing about 15000 visitors weekly. Mike Thayer says the site saves time by returning only relevant sites for big rig parts and services and plans more user driven improvements.
MENTIONED IN THIS ARTICLE
the Gazette
Lisbon
Trucklinks.com
Mike Thayer
Thayer
Heartland Express
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