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Cedar Rapids Gazette in Cedar Rapids, Iowa

27 Jun 2002

Page 22

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 27, 2002

Page

22

Regulators delay DM&E IMRL railroad deal

Federal regulators postpone the DM&E purchase of Davenport based IMRL for at least a month to July 26 amid opposition from unions and Iowa officials. The deal would expand DM&E to about 1,125 miles of track across several states with a potential 150 million price tag funded by Toronto Dominion Bank. Opponents seek a fuller review on impacts to jobs and local rail access.

MENTIONED IN THIS ARTICLE

Washington Dakota, Minnesota & Eastern Railroad Iowa Surface Transportation Board Dm&e I&m Rail Link IMRL Chicago Iowa Department of Transportation U.S. Department of Transportation
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General Mills earnings fall after Pillsbury deal

General Mills reports a 61 percent drop in fourth quarter earnings to 15 cents a share and a 31 percent decline for fiscal 2002, hit by $37 million in after tax charges related to the Pillsbury acquisition while sales rise to $2.32 billion. Full year earnings total $458 million on $7.95 billion in sales as integration progresses with a 2003 plan targeting about $2.60 per share before unusual items.

MENTIONED IN THIS ARTICLE

Minneapolis General Mills Pillsbury Cheerios Wheaties Thomson Financial First Call Steve Sanger Sanger
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Minion Bank Iowa, Chicago & Eastern Railroad Corp Oper Minnesota Illinois Kansas Missouri Wisconsin Brotherhood of Locomotive Engineers The Brotherhood of Maintenance of Way Employees Brotherhood of Railroad Signal International Association of Machinists International Brotherhood of Electrical Workers Transportation Communications International Vale Sqummdanmalialy Kenwood House Pennsylvania Lexington Lodge Thomasville Hammary Cherry & Black Lexington Ist Ave S.E Cedar Rapids McGreGcors Second St Coralville Coral Ridge Mall Mon & Tours SUN KenwoodHouseFurniture.com
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