Texas drought prompts disaster declaration in Texas
Agriculture Secretary Dan Glickman declared Texas a disaster area, making low-interest emergency loans available to growers hit by drought. The action was welcomed by state officials and some farmers, though others say loans alone won’t fix farm cash flow or high prices. Contiguous counties in New Mexico and Louisiana also qualify for assistance. The eight month loan window aims to help pay bills and keep producers afloat amid a third drought in four years causing about 1.1 billion dollars in state damage. West Texas cotton and peanut crops faced severe losses as reservoirs hit record lows.
MENTIONED IN THIS ARTICLE
Washington
Dan Glickman
Texas
Texas Agriculture
Susan Combs
Rick Clem
Glickman
Clem
Lorenzo
Fondren
South
USDA
West Texas
Texas Agriculture Department
Zane Reese
Lubbock County
Contiguous Counties
Curry, Eddy, Otero
Roosevelt
Dona Ana
Lea
Quay Counties
New Mexico
Beaur
Egard
Calcasieu
Sabine
Vernon Parishes
Louisiana
Shawn Wade
Plains Cotton Growers
Rayovac shares slide on weak first quarter outlook
Rayovac Corp warned of a weak first quarter 2001 earnings showing expected per share of 30 to 33 cents, well below last year’s 48 cents and below analysts’ 47 cent forecast. Sales are seen down about 12 to 13 percent, with a $17 million pre tax restructuring charge.
MENTIONED IN THIS ARTICLE
Madison, Wis
Rayovac Corp
First Call
Thomson Financial
Rayovac
Dave Jones
New York Stock Exchange
Also Mentioned on This Page
North Pole
Seattle
Hiller Printing Inc
W. University
Odessa
Office Depot
AMD! Pure
Angi Price
AMD
Advanced Micro Dewces Inc
Fe CompuServe
Compaq
Presario
Gem “Ag
CompuServe
Cccuserve
Credit Ee
CompuServes
Pnor
Bengve
Office
Mtal
CompuSers
INTEL
Intuit
Adobe Acrobat
Vey
Celeron
Intel Corporation
Moon
CompuServe Interactive Services. Inc
Dum Ratin
Ned An
Aire
David Yurman
Ice
W. Wadley
Midland
TNMP
Texas-New Mexico Power Company
ITNMP
Public Utility Commission of Texas
Commission
Public Utility Regulatory Act
Pu.c
Texas New Mexico Power Company
International Plaza
Fort Worth
Office of Customer Protection
Austin
Texas -New Mexico Power Company