Rockwell earnings rise 17 percent in fiscal first quarter
Rockwell International Corp reports fiscal 1994 first quarter earnings up 17 percent to 68 cents per share on $2.6 billion sales, driven by electronics automotive and graphics divisions. Defense unit earnings fall slightly. company notes flood impacts and stock market moves amid gains in Dow.
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Rockwell
Rockwell International Corp
Beach
Calif
Dillion
ADM
Archer Daniels Midland Co
Midwest
Crop futures slip as funds take profits and rains hit soy
Grain and soybean futures declined at the Chicago Board of Trade on Monday as investment funds booked profits from last week. Weekend rains in South American soybean areas sparked early selling, with Don Roose of U S Commodities Inc citing a broader market downturn. Wheat March delivery fell to 3 84 per bushel, corn to 3 07, oats to 1 38, and January soybeans to 7 02 a bushel. Mobile home standards raise costs. HUD rules for hurricane-prone areas would push prices up nationwide, manufacturers warn.
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Don Roose
U.S. Commodities Inc
West ‘Des Moines
Frank Williams
Florida Manufactured Housing Association
Tallahassee
Department of Housing and Urban Development
Florida
Louisiana
North Carolina
South Florida
Cold Weather Lifts Crude Oil Prices Again
Heating oil rose on Monday as continued cold weather forecasts boosted demand. Near term heating oil reached 52.67 cents per gallon after a dip to 48.07 cents earlier in the week, while natural gas climbed to 2.36 dollars per thousand cubic feet amid refinery outages and pipeline closures tied to a California earthquake.
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NEW York
California
New York Mercantile Exchange
Kerrigan Seen as Advertising Winner Regardless of Olympic Outcome
Advertisers argue Kerrigan will dominate commercials whether she wins or not. NBC may benefit from ongoing publicity linked to the Kerrigan Harding saga as her endorsements expand with Reebok, Seiko, Evian, Northwest Airlines and others watching the market for female athletes.
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Nancy
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Tonya
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Farm Bureau Life Plans Iowa Colorado Insurance Merger
Plans advance for a merger of Farm Bureau Life Insurance Co. of West Des Moines and Western Farm Bureau Life of Denver creating a holding company with about 3 billion dollars in assets serving 14 states and 1,500 agents. The joint transition team will pursue efficiencies and stability with a year completion target.
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Demand grows for pesticide free beans in Japan market
Des Moines based Pioneer Hi Bred offers a $3 per bushel premium for soybeans grown without farm chemicals for tofu used in Japan. The Better Life program certifies chemical free production and storage, with demand rising and Pioneer aiming to boost 1993 sales while facing labor and yield challenges.
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DES Moines
Japan
Better Life
Pioneer
Iowa
Ford
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