This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 24, 2003
Page
14
Stocks fell as investors booked profits with little other news and ahead of Wednesday’s Federal Reserve rate decision. The Dow closed down 127.80 at 9,072.95 and the Nasdaq slid 33.97 to 1,610.75 with light volume on the NYSE.
Menard's plans a 225000 square foot store on the northwest corner of East Post Road and Highway 100 Marion bypass replacing the 4601 First Ave. SE Cedar Rapids location. Grading begins this fall with construction in 2004 and a likely early 2005 opening, as Home Depot expands nearby. The project will utilize a 70 acre parcel with 20 acres for the store and room for additional retail, creating a major tax base and commercial development for Marion.
John Hancock Financial Services agreed to sell its group life insurance operations to Met Life Inc. as it shifts to core businesses. Terms not disclosed. MetLife expects no material effect on 2003 net income or operating earnings. closing anticipated this year.
Biogen and IDEC Pharma ceuticals plan a merger in a 6.4 billion stock swap to form Biogen IDEC Inc. headquartered in Cambridge Massachusetts. The combined firm would employ over 1000 researchers with pro forma 2002 revenue of 1.55 billion and expect 15 percent higher cash earnings per share and 300 million in operating savings through 2007.
Short-term Treasury rates fell in Monday's auction with discounts for three month and six month bills declining. The Treasury sold 17 billion of three month bills at 0.815 percent and 18 billion of six month bills at 0.840 percent, with implied yields around 0.830 and 0.858 percent respectively.
USDA reports Iowa corn 81 percent good to excellent and soybeans 80 percent, with oats 83 percent. rainfall scarce in eastern counties while Logan records 2.26 inches. Farmers spray weeds and apply nitrogen while soybeans shade out weeds and beetle activity remains low.
U S Agriculture Secretary Ann Veneman addresses ministers scientists and health experts from 120 countries at a Sacramento conference praising biotechnology to boost yields and nutrition while demonstrators outside decry health risks. Police prepared for further protests after 22 arrests on unlawful assembly vandalism and weapons charges.
The United States will require passenger car and light truck tires to meet new speed and endurance tests by 2007. NHTSA estimates 5 to 11 percent of tires need redesigns, with costs around 31.6 million dollars and expected life saving effects of four lives and 102 injuries prevented annually. Tests run at 87 93 and 99 mph for 30 minutes, with compliance based on tread integrity and safe pressure.
Walgreen Co reports third quarter net income of 296.1 million dollars or 29 cents a share on 8.3 billion dollars in sales up 13 percent from a year earlier. Prescriptions climb 15 percent while costs rise as it adds 120 stores. The firm cites a 12 million dollar legal settlement credit and expanding margins below expectations. Stores include Cedar Rapids Iowa City and Marion.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.