Stocks Rise on Greenspan Motives and Market News Briefs
Wall Street rose after Federal Reserve Chief Greenspan indicated possible larger rate hikes if energy and inflation keep rising. The Dow gained 41.44 to 10,432.52 while the Nasdaq advanced 2.91 to 2,023.53. Pier 1 Imports recalled 48,000 beaded candleholders due to fire risk, with 10 incidents and no injuries. Ocean Spray rejected PepsiCo’s bid to buy a stake, with 900 farmer-owners voting 52 to 48 percent against the offer.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
Alan Greenspan
Greenspan
Fed
New York Stock Exchange
Fort Worth
Texas
U.S. Consumer Product Safety Commission
Ocean Spray Inc
PepsiCo Inc
Massachusetts
Wisconsin
New Jersey
Florida
Oregon
Washington
Canada
PepsiCo
Ocean Spray
Open House and Field Day Canceled at Postville Farm
The Sunflower Fields Open House and Field Day in Postville this Saturday has been canceled due to rain problems. The Practical Farmers of Iowa event at Hansen's Farm Fresh Dairy in Hudson will proceed as planned with contact Todd Kimmat at 515 232 5661 Ext 108 for details.
MENTIONED IN THIS ARTICLE
Postville
Farmers of Iowa
Hansen’s Farm Fresh Dairy
Hudson
Todd Kimmat
Iowa Farm Consolidation Pushes Hog Operations Bigger
The 2002 Census shows Iowa pork and egg production expanding in scale but thinning in number. Large hog operations now account for 86 percent of the herd, while egg production centers grow through contracts. Average Iowa farmer age rises to 54.3.
MENTIONED IN THIS ARTICLE
The
Gazette
Iowa Pork and
Jen Holtkamp
Iowa Pork Producers Association
Iowa
Iowa Farm Bureau
Iowa Ag
Iowa Agriculture
Iowa State University
Iowa Gazette Agricultural Statistics Graphic
Early warning tool eyed for soybean rust spread
Researchers led by University of Illinois professor Scott Isard develop a computer model to forecast soybean rust risk across the United States. Using forecast weather data they classify regions by risk and plan fungicide timing, backed by USDA grants totaling 1.04 million dollars and a separate 900 thousand for Paraguay field trials.
MENTIONED IN THIS ARTICLE
Urbana, Ill
United States
Scott Isard
University of Illinois
Isard
Australia
Africa
South America
Animal and Plant Health Inspection Service
USDA
Intermec sues Matrics over RFID patent use
Intermec filed in Delaware federal court alleging Matrics Inc. of Rockville unlicensed use of several RFID patents. The suit seeks royalties and a jury trial as RFID markets are poised to grow, with Intermec licensing its tech through UNOVA Inc. and expanding R&D in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Intermec
Matrics Inc
Rockville
U.S. District Court
Delaware
Matrics
Kathie Jackson Anderson
Cedar Rapids
Anderson
Amtech Corp
Frost & Sullivan
Christopher Warner
Unova Inc
Greenspan hints at possible aggressive rate rise
Alan Greenspan said policymakers likely can raise rates gradually to curb inflation but did not rule out a more aggressive move. He signaled the Fed could lift rates this month for the first time in four years as the economy strengthens. The Open Market Committee prefers a measured pace, based on economic and financial developments ahead.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Fed
Greenspan
Federal Open Market Committee
United States
Group sues carriers over locked handsets in switch fight
The Foundation for Taxpayer and Consumer Rights filed suit in Los Angeles Superior Court against AT&T Wireless Services Inc. T-Mobile USA Inc. and Cingular Wireless for using software that locks handsets to one carrier. The suit argues the practice violates state law and blocks customers from retaining numbers when switching providers. The defendants say subsidies justify their policy.
MENTIONED IN THIS ARTICLE
Los Angeles
the Foundation For Taxpayer and Consumer Rights
At&t Wireless Services Inc
T-Mobile USA Inc
Cingular Wireless
Jordan Lurie
Scientist Seeks Soybean Rust Resistance Varieties
Glenn Hartman of the National Soybean Research Laboratory at the University of Illinois studies healthy soybean plants to identify varieties resistant to Asian soybean rust which damages crops and lowers yields.
MENTIONED IN THIS ARTICLE
Glen L. Hartman
National
Soybean Research Laboratory
United States
Glenn Hartman
National Soybean Research Laboratory
University of Illinois
Hartman
University of Ilinois
Urbana
North America
Also Mentioned on This Page
Nasdaq
Postville Farm
Sharon Wilson
Schryme
Iowa City
By Marlene Lucas
Gazettecombinations.com
Ricultural
U.S
Paraguay
David. Dewitte
Gazettecommunications.com
Ted Reserve
Group
Pioneer
Linn
Johnson County
Pioneerworkspace.com
First Ave
Coe College
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