Nasdaq peaks pull back but tech lifts market higher
Nasdaq rose 2.6 percent while the Dow slipped 39.58, as NASDAQ posts gains toward a fresh high. GE fell to 105 9/16, Weyerhaeuser down 2 percent, and McLeod up over 54.16 in early trading. Agricultural tours and EU antitrust signs frame a busy regional business day. Pioneer Hi-Bred sale terms set at 40 dollars per share with DuPont gaining EC approval to buy the remaining 80 percent.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
European Commission
DuPont
Pioneer Hi-Bred International Inc
Pioneer
Treasury bill rates slip in Monday auctions
The Treasury sold 7.51 billion in three month bills at 4.610 percent, down from 4.620 percent, and 7.51 billion in six month bills at 4.850 percent, easing from 4.855 percent. The Fed reported one year T bill yields averaged 5.03 percent last week, down from 5.12 percent.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
The
Federal Reserve
Women filing bankruptcies more often than men study says
A Harvard law professor reports that 39 percent of bankruptcy filings in the year to March were by women, 28 percent by men, and 33 percent by married couples. Critics doubt a clear gender link while noting divorce increases risk. the House backs limits on debt erasure amid partisan debate.
MENTIONED IN THIS ARTICLE
Washington
Harvard Law
Sam Gerdano
American Bankruptcy Institute
Warren
USA Today
Harvard
Crops show healthy growth amid cool wet spell in Iowa
Farmers report corn in most areas is green and knee high with a few chest high exceptions. Soybeans are ten inches high with some fields yet unplanted. Iowa Crops and Weather notes 70 percent corn and 66 percent soybeans rated good to excellent. last week cooler than normal slowed growth. oats 88 percent headed, 21 percent excellent.
MENTIONED IN THIS ARTICLE
Linn Co-op Oil Co
Benton County
Woeste
Iowa Crops & Weather Report
Iowa
Senate stalls 60 billion farm bill over Patients' Rights move
Democrats using the agriculture spending measure to press health care action halted Senate debate after the Patients' Bill of Rights was offered as an amendment. Senator Harkin plans a disaster aid and farm support proposal, while Republicans push emergency spending limits.
MENTIONED IN THIS ARTICLE
Washington
Senate
Trent Lott
Mississippi
Congress
Lott
Tom Harkin
Iowa
Charles Grassley
Clinton
Housing boom drives record home ownership in 1998
Harvard study reports national home ownership hit 66.3 percent in 1998 and projects continued gains through the next decade as low mortgage rates and low unemployment persist. Immigration and young households boost demand while remodeling rises with aging baby boomers, though minority gaps remain.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
America
Nicolas Retsinas
Harvard University
Joint Center For Housing Studies
McKesson Ousts Top Management Amid Restatement Crisis
McKesson HBOC Inc. dismissed Chairman Charles McCall and accepted resignations from President and CEO Mark Pulido and CFO Richard Hawkins effective July 15 as shares plunged after a restatement of earnings. The San Francisco company aims to stem stock losses from accounting problems.
MENTIONED IN THIS ARTICLE
San Francisco
McKesson Hboc Inc
Charles McCall
HBO & Co
McKesson
Mark Pulido
McKesson Hboc
Richard Hawkins
New York Stock Exchange
Cedar Rapids
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General Electric
Weyerhaeuser
McLeod
Linn County Ag Technology
Kirkwood Community College
Kirkwood Boulevard
76Th Avenue
New Melleray Abbey
Dubuque County
D41
Highway 151
Highway 20
Djia
Borrow Livers
Cnct Bull
Tribal
Elizabeth Warren
Gerdano Acknowledged
House
By Marlene Lucas
Ase
Iowa Agricultural Statistics
By E. Michael Myers
Nyse Index
Biotech
Computer
Finance
Indust
Insurance
Telecom
Transport
Indi
TAY
Associated Press
American Stock Exchange
Japan
Indus
Standard & Poor
Transpt
Wilshire Associates
Sid Ave
Sun St. SE
P.O
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