Wall Street Gains Fade As Wal Mart Revenue Weighs
Traders pulled back after weaker than expected Wal Mart revenue, with the Dow down 47.48 to 8679.25 and the Nasdaq dipping 1.72 to 1539.68. Northwest Airlines ended service to Dubuque, leaving American Eagle as the sole carrier at the Dubuque Regional Airport. Maytag set new Hoover marketing leaders Annette Bravard and David Baker effective June 1.
MENTIONED IN THIS ARTICLE
Wal-Mart
Wall Street
Steven Goldman
Weeden & Co
Greenwich
New York Stock Exchange
Northwest Airlines
Dubuque
Northwest Airlink
American Eagle
Maytag Corp
Hoover
Annette Bravard
David Baker
Diversified Products
Bravard
Maytag
Baker
Jenn-Air
Gazette
U S challenges EU biotech ban in WTO filing
The United States filed a formal World Trade Organization complaint with Argentina Canada and Egypt over the European Union five year moratorium on genetically modified crop imports. Agriculture Secretary Ann Veneman says the case aims to protect farmers and ensure biotech foods are not rejected unjustly. EU officials warn the move could worsen strained trade talks amid the Iraq war.
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Washington
Bush Administration
European Union
U.S
United States
Robert Zoellick
World Trade Organization
Argentina
Canada
Egypt
Bush
Iraq
House
Dennis Hastert
Bill
Senate Finance Committee
Chuck Grassley
Browa
Montana
Max Baucus
Agriculture
Ann Veneman
U.N. Security Council
Europe
Margo Wallstrom
WTO
Video game sequels fuel hype at expo
At the Los Angeles Exposition Center the video game industry touts upgraded sequels for Sony PlayStation 2 Xbox and Nintendo GameCube. New titles include Metal Gear Solid The Twin Snakes Halo 2 Grand Turismo 4 and Tomb Raider Angel of Darkness with stronger graphics and online play teased.
MENTIONED IN THIS ARTICLE
Los Angeles
Sony
Microsoft
Xbox
Nintendo
Los Angeles Convention Center
Eidos
Claire Danes
Nick Stahl
Kristanna Loken
Atari
Wal Mart profits rise while Penney profits fall in first quarter
Wal Mart Stores reports a 14 percent earnings increase to 1.86 billion dollars or 42 cents a share for the quarter ending April 30, with revenue up 9.7 percent to 56.72 billion, driven by its international division. J C Penney posts a 29 percent drop to 61 million dollars or 20 cents a share for the 13 weeks ended April 26, despite beating prior analyst expectations.
MENTIONED IN THIS ARTICLE
New York
Wal-Mart Stores Inc
J.C. Penney Co. Inc
Wal-Mart
Wall Street
Penney
Thomson First Call
Plano
J.C. Penney
Wal-Mart developer faces 3 more liens in Missouri total
Three more mechanic s liens totaling 227 955 push THF Realty to 17 liens on its Super Wal-Mart project in Davenport Iowa. Overall liens approach two million dollars as Kenco of Iowa still pursues foreclosure and THF seeks settlements with other contractors and suppliers.
MENTIONED IN THIS ARTICLE
Dee Joyce Hayes
St. Louis
Kenco of
Iowa Inc
THF
Kenco
Scott Fournier
Builders Sales & Service
Fournier
Deere Profit Jumps 80 Percent on Strong Quarter
Deere & Co reports 80 percent rise in Q2 earnings to 256.9 million dollars or 1.07 a share on 4.4 billion dollars revenue. Overseas sales up 22 percent, domestic agriculture weak, six-month profit 324.9 million dollars. Full-year sales growth forecast trimmed to 6-8 percent with earnings guidance 500-600 million.
MENTIONED IN THIS ARTICLE
Moline, Ill
Deere & Co
Wall Street
Moline
Deere
Robert W. Lane
Lane
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Qwest
Eliot Spitzer
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Anschutz
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Clark McLeod
Salomon Smith Barney
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Jim O'Neill
Terry Morena
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Source
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Douglas Lowenstein
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Cisco
IP Phone & Data Solutions
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Erbs.com
Kelly Chlan
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