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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

Jul 23, 2003

Page

14

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.

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.

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.

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.

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.

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.

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.

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.

Mount Pleasant Blue Bird Corp Iowa Blue Bird Georgia Richard Benedict Benedict Riverside Paper Company Appleton, Wis

Also Mentioned on This Page

Nasdaq Mount Vernon Farm Farmers of Iowa Mount Vernon Laura Krouse Abbe Hills Rd PFI Pfi.instate Krouse Ikrousea Cornellcollege ecTryone Iowa City The 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 Asia Blue Bird Bus Wisconsin Paper Company Riverside Paper
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