Fed likely signals rate hikes ahead at meeting
Analysts expect the Federal Reserve to hint at future rate increases at the meeting, not to raise rates now. They cite Greenspan’s optimistic comments and a surprisingly strong start to 2002 after last year’s recession, predicting a firmer policy stance ahead.
MENTIONED IN THIS ARTICLE
Federal Reserve
Alan Greenspan
Fed
Sung Won Sohn
Wells Fargo
Minneapolis
Andersen and KPMG discuss mergers outside the United States
Harald Weidemann of KPMG Germany said the German divisions of Andersen and KPMG are in talks to merge their operations overseas. The statement comes amid European branches seeking to exit the international firm amid Enron collapse investigations and growing pressure from other Big Five firms.
MENTIONED IN THIS ARTICLE
Andersen
KPMG
United States
Andersen Accounting Network
U.S
Enron Corp
Europe
Africa
Near East
Canada
Asia
Latin America
Harald Weidemann
Kpmg Germany
Aquila to buy majority stake in British electricity firm
Aquila Inc plans to pay FirstEnergy Corp 264 million dollars for 79.9 percent of Avon Energy Partners, holding Midlands Electricity. Midlands serves 2.3 million customers via a 38,000 mile distribution network in six UK cities. Deal closed Friday and needs regulatory approval. expected to close mid April.
MENTIONED IN THIS ARTICLE
Aquila Inc
FirstEnergy Corp
Kansas City
Aquila
Avon Energy Partners
Midlands Electricity
Midlands
Treasury Bills Edge Up In Monday Auctions
Treasury rates rose as the Treasury sold 13 billion dollars in three month bills at a discount rate of 1.840 percent, up from 1.825 percent last week, and another 13 billion dollars in six month bills at 2.070 percent, up from 2.020 percent.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
HP Compaq merger vote nears after six month battle
Hewlett Packard and Compaq face a pivotal shareholder meeting on a 2 billion deal that would create the industry’s largest merger. Carly Fiorina and Walter Hewlett campaign for votes while Compaq CEO Michael Capellas lobbies investors. Analysts call the race highly close with official results delayed weeks.
MENTIONED IN THIS ARTICLE
Cupertino
Calif
Hewlett-Packard
Compaq
Carly Fiorina
Walter Hewlett
Michael Capellas
Todd Glass
Hewlett
H-P
Company
Fiorina
Mewlett-Packar
New York
States press Microsoft case seeks tougher penalties
Nine states urged Judge Colleen Kollar-Kotelly to order Microsoft to strip down Windows and reveal Internet Explorer blueprints, citing internal memos showing continued anticompetitive behavior after a guilty finding. Dell was said to have faced pressure from Microsoft to drop Linux plans in 2000, as the case opened with internal emails and memos.
MENTIONED IN THIS ARTICLE
Washington
Microsoft
Kansas
U.S
Colleen Kollar-Kotelly
Dan Webb
Dell Computer
Dell
Unemployed urged to seek aid and stay proactive
Economists say the recession may be ending but employers hesitate to return to pre slowdown hiring. Experts advise filing for unemployment benefits, maintaining health coverage, networking, refining résumés, and managing finances while seeking work.
MENTIONED IN THIS ARTICLE
Robert Bryant
Bert Nash Community Mental Health Center
Maine St
Bryant
Nancy Slabaugh
Eighth St
Commodity quotes and livestock market notes from St Joseph area
Quotations for Monday show bid prices for local elevators including Ottawa Edge Nutmeg and Overbrook with wheat about 2.60 to 2.63 per bushel and soybeans around 4.24 to 4.29. USDA loan payments listed. St Joseph livestock market reports tighter cattle supply and tested prices with steers and heifers around 60.50 to 71.00, cows and bulls scarce. nonferrous metals quoted in New York with lead 29-31 cents per lb, gold 292.05 per troy ounce, silver 4.525.
MENTIONED IN THIS ARTICLE
St. Joseph
Mo Ae
New York
Handy & Harman
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Charles Elson
Center For Corporate Governance
University of Delaware
New York Stock Exchange
NYSE
Yourmalley. Hworld
Uncle Sam
Slabaugh
Karen Palermo Bledsoe
Auntion
Dadband.com
Aaron Lindberg
Journal-World Photo
Manpower
E. Eighth St
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
Lawrence South
Pauline
USDA