Mixed stocks end higher as terror fears offset good corporate news
A volatile session left the Dow off 15.41 points to 10 048.23 while the Nasdaq rose 7.68 to 1 909.48 as terror fears and a MicroSoft antitrust fine influenced trading. Durable goods orders rose 2.5 percent in February and new-home sales gained 5.8 percent after January declines.
MENTIONED IN THIS ARTICLE
Microsoft Corp
Wall Street
Brian Williamson
Boston Company Asset Management
New York Stock Exchange
Commerce Department
Cooper Tire seeks sale of automotive products group
Cooper Tire & Rubber Co plans to sell its automotive products group which accounted for almost half its 2003 sales. Cooper Standard Automotive, based in Novi Michigan, posted about 1.66 billion in 2003 revenues and makes fluid handling and body sealing systems. The company says proceeds could reduce debt or fund operations while overall sales reached 3.5 billion last year.
MENTIONED IN THIS ARTICLE
Cooper Tire & Rubber Co
Cooper Standard Automotive
Novi
Mich
Findlay
Cooper
Gazette
EU fines Microsoft for abuse of power in Europe
The European Union fines Microsoft 613 million dollars for abusing its Windows monopoly and demands changes to Windows media player and server information. Microsoft vows to seek a stay during appeal, while EU antitrust chief Mario Monti says the move ensures fairer competition across Europe.
MENTIONED IN THIS ARTICLE
Microsoft
Brussels
Belgium
European Union
Microsoft Corp
U.S
EU Antitrust Office
Europe
Mario Monti
Monti
United States
European
Middle East
Africa
Brad Smith
European Court of First Instance
Virtual assistants offer remote help for laid-off workers
Julie Pecinovsky in Hiawatha and Gregory Parker of Southfield embrace PVAs as flexible remote admins. Pecinovsky, once laid off, built Advantage VA after training with AssistU. PVAs like Pecinovsky reduce client workload, enable online page creation, and fit families and budgets.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette Hiawatha
Julie Pecinovsky
McLeodusa
Cedar Rapids
Gregory Parker
Southfield
Mich
Parker
Pecinovsky
Pvas
Hiawatha
Julie
Chrysler
Assistu
Advantage VA
Cliff Jette
the Gazette
Chicago
Michigan
Administration rules out tapping oil reserve to ease gas prices
The Bush administration will not use the Strategic Petroleum Reserve to cut rising gasoline costs. White House spokesman Scott McClellan said reserves must be kept for emergencies and pledged continued oil injections. AAA data show nationwide prices near 1.74 dollars per gallon as demand tightens supplies.
MENTIONED IN THIS ARTICLE
Washington
Bush Administration
Strategic Petroleum Reserve
White House
Scott McClellan
AAA
McClellan
Congress
Bush
John Kerry
General Mills sells oat fiber plant in Cedar Rapids
SunOpta of Norval Ontario to buy General Mills oat fiber processing plant at 1000 Weing Rd NE Cedar Rapids. Purchase price not disclosed subject to due diligence. If completed fewer than 10 GM employees affected. Sale does not involve dry mix plant or 4800 Edgewood Rd plant. SunOpta aims to expand oat fiber processing amid healthy ingredient demand.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
General Mills
Weing Rd
SunOpta Inc
Norval
Ontario
Golden Valley
Minn
Marybeth Thorsgaard
Thorsgaard
Pillsbury
Diageo PLC
SunOpta
Edgewood Rd
Susan Wiekenkamp
Judge rejects $1.2 billion Tyson verdict in cattle case
U S Senior District Judge Lyle Strom says jurors overstate Tyson Foods liability in a class action on cattle prices. He keeps a prior method basing damages on cattlemen affected and per animal amounts, leaving Tyson's motion to overturn the verdict pending. Tyson stock edged up 12 cents to close at 18.09.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Tyson Foods Inc
U.S
Lyle Strom
Tyson
Strom
IBP Inec
New York Stock Exchange
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Nasdaq
Costal
Automotive
Iowa City
AP Stockquote
Union
The
European Commission
Jacques Bourgeois
Commission Legal
JAP Limited
Stacy Brice
PVA
Iowa
Clude Valerie Preston
Preston Business Services
Julie Lubkeman Smith
Urbandale
Preston
Lubkeman Smith
David.dewitte
Gazettecommunications.com
George Bush
Kerry
C.R. Oat
Dewitte
Gazettacommun'nations
Pentord Corp
Columbus McKinnon
PepsiCo
Procter Gamble
Come! Fed
Qwest Commun
Deere Co
RF Micro Devices
Dillards Inc
Fastenal Co
Raicorp Holding Featherlite Inc
Hon Inds
Union Planters
Uld Fire Cas
ING Glob RE Inc
Intl Paper
US Bancorp Keane Inc
US Cellular
Kohis Corp
Unove Inc
Longon
G Laly
H Grp
Shah
J7nizna
Blairs Ferry Rd
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