Wall Street rises after cautious trading on mixed data
The Dow climbs 51.26 to 7909.50 and the Nasdaq gains 6.60 as investors rebound from several sessions of declines. Analysts note the bounce comes amid a discouraging consumer confidence report and warn the rally may be limited while Smithfield Foods posts weak third quarter earnings and Iowa leads in egg output. Sears plans tighter credit-card marketing after a year of variable results.
MENTIONED IN THIS ARTICLE
Wall Street
Bryan Piskorowski
Prudential Securities
Smithfield Foods Inc
Richmond
Thomson First Call
Sears, Roebuck & Co
Alan J. Lacy
Hoffman Estates
MasterCard
Lacy
Sears MasterCard
Ex-Qwest executives indicted for fraud in $33 million scheme
Four former Qwest Communications executives face a 12 count federal indictment for falsely reporting a $33 million Arizona School Facilities Board purchase to boost revenue. The case joins SEC civil charges against eight officials over inflated 2000 01 revenues by about $144 million. Arrest warrants were issued for the named executives.
MENTIONED IN THIS ARTICLE
Washington
Qwest Communications
John Ashcroft
Denver
New Securities and Exchange Commission
William Donaldson
Ashcroft
U.S. District Court
Qwest
Arizona School Facilities Board
Grant Graham
Evergreen
Colo
Thomas Hall
Englewood
John Walker
Littleton
Bryan Treadway
Atlanta
SEC
Wall Street
Liberty Cones Reopens In Bigger Liberty Location
The Morlan brothers move Liberty Cones to Front and Dubuque streets, tripling space to seat 37, add two 28 flavor hard ice cream chests and soft-serve machines, deli items, and expanded hours mean 11 a.m. to 8 p.m. winter and 9 a.m. to 9:30 p.m. warm seasons.
MENTIONED IN THIS ARTICLE
the Gazette North Liberty
Front
Dubuque
Bob Morlan
Larry
Cedar Rapids
Bob
Liberty Cones
Anderson Erickson
Morlans
Chad Kirchner
Atlantic Coast shares fall after judge rejects forced contract ruling
Atlantic Coast Airlines Holdings tumbled after a judge refused to compel UAL Corp to decide whether to reject or honor a contract adding 47 regional jets and retiring 30 turboprops by April 2004 at a $40 million cost. The Dul les, Virginia based carrier operates as United Express.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Atlantic Coast Airlines Holdings, Inc
UAL Corp
United Airlines
Atlantic Coast
Dulles
United
United Express
Delta Connection
Iowa
Cedar Rapids
UAL
Confidence sank as Iraq war fears hit consumer mood
The Conference Board reported February's Consumer Confidence Index fell to 64.0 from 78.8, the lowest since October 1993, amid war jitters. Economists warned of a glooming outlook while housing kept a bright spot with January existing-home sales at a record 6.09 million annual rate.
MENTIONED IN THIS ARTICLE
New York
Iraq
Conference Board
Josh Feinman
Deutsche Asset Management
Con
Oscar Gonzalez
John Hancock Financial Services
Boston
National Association of Realtors
Home sales beat analyst forecasts despite December rise
Report notes a higher than expected December sales rate defying forecasts that purchases would drop to about 5.80 million.
Exotic Newcastle disease could hit Iowa poultry economy hard
An ISU expert warns that if exotic Newcastle disease spreads from western states to Iowa, egg production and related industries totaling over 1.3 billion dollars in sales and the state’s 40 million layers could face losses up to 185 million dollars. Biosecurity is urged to prevent transmission.
MENTIONED IN THIS ARTICLE
Iowa
U.S. Department of Agriculture
Ohio
California
U.S
Iowa Poultry Association
Don Reynolds
ISU
College of Veterinary Medicine
Also Mentioned on This Page
Smithfield Foods
Sears
Enzyone
Iowa City
AP Stockquote
Local
Justice Department
N. Liberty Ice Cream Shop
By Heather McElwain
United Pact
Ana
Sondjf
The
San Iowa
Chg
McLeod USA Pt A
APAC
Aegon NV
McLeod USA A Alcoa Inc
Mestek
Alliant Energy
Moore Corp Wa
Arch Dan Mid
Nash Finch
Pearson PLC
Bandag Inc
Pentford Corp
Caseys Gen Store
Columbus McKinnon
PepsiCo Come
Procter Gamble
Fiserv
Genencor Inti Inc
Sealed Air Gen Mills
Skyworks Solution
Gillette Co
Tanger Factory
Heartland Exp
Terex Co
Heinz
Toyota Met
Hon Incis
Union Planters
Old Fire Cas
Paper
Eane Inc
US Bancorp
Kohls Corp
US Cellular
Longyn
Anova Inc
Macc Pro Eat
Verizon Comm
Marsh & McLennan
WalMart Sirs
Arizona
Nevada
Newcastle
Pioneer Workspace
First Avenue
Coe College
Ennis Luptowski
Peer
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