Mild rally halts five-day Dow retreat with light volume
The Dow rose 35.25 to 10,601.62 and the Nasdaq gained 17.54 to 2022.98 as a weak news cycle limited conviction. CalPERS withheld votes for Disney CEO Eisner amid criticism of strategy and shareholder value. Big Lots reported a 29 percent quarterly earnings gain on 1.33 billion in sales. A regional jet service from Waterloo Regional Airport begins June 1 with Northwest Airlines, under a revenue guarantee.
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Brian Pears
Victory Capital Management
Dow Jones
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Walt Disney Co
Michael Eisner
Disney
California Public Employees’ Retirement System
Eisner
Sean Harrigan
Calpers
Calpers Board of Administration
Waterloo
Northwest Airlines
Canadair
Northwest
Gazette
Clear Channel Sets Indecency Rules Amid Hearings
Clear Channel Communications issued new indecency rules as Congress held hearings on broadcast content. The policy includes training, possible fines, and suspensions for DJs found in violation after FCC enforcement linked to the Bubba the Love Sponge show. The move comes as networks delay live material to protect minors and FCC fines rise.
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Clear Channel Communications
John Hogan
Clear Channel Radio
National Association of Broadcasters
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Federal Communications Commission
Janet Jackson
FCC
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Consumers Union
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Murray
Paul Levinson
Department of Communications and Media Studies
Fordham University
Levinson
Clear Channel
WMTAM
Wmt-Fm
Kmjmam
Cedar Rapids
Kxic-Am
Kkrq-Fm
Iowa City
Bubba _ the Love Sponge
France protests US halt on foie gras and other French meats
Paris says the United States suspended imports of processed French meats including foie gras citing safety concerns. France and the EU urge reversal as U S inspectors found sanitation noncompliance in plants. The dispute follows no direct link to the U S bird flu suspension on poultry.
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Paris
France
United States
Herve Gaymard
Atlantic
Gaymard
European Commission
Europe
U.S
U.S. Department of Agriculture
Food Safety and Inspection Service
Department
Steve Cohen
European Union
Texas
Toulouse
Staubach and Checketts elected to McLeodUSA board
Roger Staubach former Dallas Cowboys quarterback and David Checketts former Madison Square Garden president join McLeodUSA Inc. board of directors as part of a 17 member panel. Chris A. Davis praises their world class leadership while Forstmann Little coordinates.
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the Gazette Cedar Rapids
Dallas Cowboys
Roger Staubach
David Checketts
Madison Square Garden
McLeodusa Inc
Staubach
Staubach Co
Checketts
Sports Capital Partners
Contrarian
Pebble Beach Co
Chris A. Davis
McLeod USA
Checketts and Staubach
Ted Forstmann
McLeodusa
Davis
Dave
Roger
Forstmann
Forstmann Little & Co
Vijay Singh
Global radar launched by Collins at Aerospace Asia 2004
Rockwell Collins unveils the MultiScan Global weather radar at Aerospace Asia 2004 in Singapore. The system expands the WXR-2100 line with ocean land water tailored processing, 320 nautical mile range, Overflight protection, and Boeing certification with Airbus certification planned in 2004.
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Dave DeWitte
Gazette
Cedar Rapids
Rockwell Collins
Collins
Aerospace Asia
Singapore
Decorah
Steve Paramore
Paramore
Boeing
Airbus
EMC Insurance posts highest profit in 22 years
Des Moines based EMC Insurance Group Inc. reports 2003 earnings of 26.8 million dollars or 1.71 per share on revenues of 361.2 million, aided by premium rate increases and despite higher catastrophe payouts including 20.9 million tied to Isabel.
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Des Moines
EMC Insurance Group Inc
EMC
Bruce Kelley
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