Stocks rise on Iraq raid news boosting market
Wall Street gained on news four Iraqis died in a U S raid including Saddam Hussein's two sons. The Dow rose 61.76 to 9158 45 while the Nasdaq climbed 24.69 to 1706 10. HON Industries said second quarter net rose to 20 17 million or 35 cents a share with sales at 406 8 million.
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Wall Street
U.S
Iraq
Saddam Hussein
Arthur Hogan
Jefferies & Co
New York Stock Exchange
HON Industries Inc
Muscatine
Lee Enterprises Posts Lower Third Quarter Profit
Lee Enterprises reports third-quarter earnings of 21.4 million dollars, down 31.9 percent from a year earlier. Earnings per share are 48 cents for the quarter ending June 30, vs 71 cents last year, with declines in advertising and circulation revenue but a 28.8 percent rise in online revenue. Revenue at Howard Publications papers rose 4.4 percent after the 2002 acquisition.
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Lee Enterprises
Lee
Howard Publications
Gazette
News Service
EU ministers approve tougher biotech food labeling rules
EU agriculture ministers formally approved stricter labeling for genetically altered foods and feeds and created a traceability system from origin to shelf. The measures aim to reassure consumers and set national rules while the EU faces trade tensions with the United States.
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Brussels
Belgium
European Union Agriculture Ministers
Europe
European Parliament
United States
Washington
European Food Safety Authority
Tractor Supply offers niche rural retail alternative
Tractor Supply Co operates 458 stores in 30 states with annual revenue over $1 billion. The chain targets hobby farmers and homeowners with heavy duty goods, including welding material and animal supplies. Analysts call it a textbook specialty retailer.
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Eric Brock
Susan Pytynia
Portland, Tenn
Tractor Supply Co
Gallatin
Wal-Mart
Home Depot
Tractor Supply
Iowa
Eric Marshall
First Dallas Securities
David
Cedar Rapids
Fairfield
Marshalltown
Mason City
Ottumwa
Waterloo
LEG Services wins Guard upgrade deal
Cedar Rapids firm LEG Services wins a five year contract valued at 20 million dollars to oversee modernization and construction at Mississippi National Guard facilities across four locations. The project covers base remodeling new facilities construction and design build capabilities.
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Dave DeWitte
Gazette
Cedar Rapids
Mississippi National Guard
LEC Services
LEC
Louisiana National Guard
Mississippi
Dan Stone
Oregon
Texas
Michigan
Massachusetts
Stone
SEC Services
U.S. Army Corps of Engineers
Kansas City
Iowa
Nebraska
Kansas
Missouri
UPS Reports Higher Second Quarter Profit
Atlanta based UPS posted a 13.3 percent rise in second quarter profit to 692 million dollars or 61 cents per share as revenue grew 7 percent to 8.23 billion. The carrier cited growth abroad and cost pressures from health and pension plans while analyst Kirk Schmitt urged tighter domestic management. International revenue rose nearly 20 percent and export volume climbed 6.2 percent, led by a 15 percent gain.
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Atlanta
United Parcel Service
UPS
Kirk Schmitt
Victory Capital Management
Cleveland
International
Umes
Thomson First Call
UPS aims higher as overseas growth outpaces US parcel gains
Brown views UPS leveraging 33 billion dollars in annual revenue from small package deliveries in the United States while international shipments finance and supply chain services expand. The company sees future growth outside the United States driven by these segments.
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UPS
United States
Blue Bird reopens Mount Pleasant plant briefly to finish buses
Blue Bird Corp will temporarily reopen its Mount Pleasant Iowa factory to finish about 200 school buses shipped from Georgia. About 30 workers will be hired back to complete the buses in roughly four weeks as Georgia production lags. Riverside Paper Co plans to buy the site, bringing 80 jobs, but Blue Bird retains ownership.
MENTIONED IN THIS ARTICLE
Mount Pleasant
Blue Bird Corp
Iowa
Blue Bird
Georgia
Richard Benedict
Benedict
Riverside Paper Company
Appleton, Wis
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ecTryone
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Eu’s Health and Consumer Protection
David Byrne
Wel
Byrne
EU Nations
EU Environment
Margot Wallstrom
Canada
Australia
World Trade Organization
Sociated Press
Columbia, Tenn
Joe Scarlett
Mytsestore.com
Columbia
Scarlett
Marshall
Dallas
LEG Services
David.dewitte
Brown
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Wisconsin Paper Company
Riverside Paper