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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

Jan 15, 2006

Page

40

Johnson Gas shifts to wood and gas amid corn stove boom

Johnson Gas plans to expand wood and gas fireplace sales as demand for corn and wood pellet stoves doubles. Corn stoves output 30 000 to 50 000 BTUs, with 65 000 units sold in 2005. Sales may reach 150 000 this year, as the company navigates leadership change with Stephen O Donnell and Mendota Hearth and Even Temp divisions.

Johnson Gas Terry Krumrer Larry Golden St. Croix Even Temp Inc Waco Neb Johnson Gas Appliance Co Cedar Rapids O’donnell Henry O’donnell Stephen O’donnell Mendota Hearth Temp Bill O’donnell Mendota Hearth Sales Johnson Gas Administration Barnes O’donnell Lippisch Design Inc Even Temp Distributing

Pharma shifts boost generics profits vs. Medicare changes

The article notes HSBC and Bank of America analysts say generics yield higher gross profits per prescription for Walgreens and CVS than brand drugs. It cites Medicare Medicaid reforms and patent expirations as factors, with profits expected to rise in 2008 despite 2007 pressures. Adler forecasts mixed earnings impacts per share for CVS and Walgreens.

Walgreen CVS Corp Mark Husson Hsbc Securities Adler Scott Mushkin Bank of America Securities David Rickard Zocor Zoloft Rickard Lehman Pfizer Inc Norvasc CVS

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