Tech stocks fall on Cisco earnings warning fears
Tech shares dropped on reports Cisco would warn of weaker profits as IBM had already cut its outlook. The Dow fell 40.41 points to 10,208.67, while the Nasdaq slid 43.30 to 1,742.57 and the S&P 500 declined 7.49. Investors remain cautious awaiting first quarter results and clearer future prospects.
MENTIONED IN THIS ARTICLE
Tech
Cisco
New York
Cisco Systems
IBM
Brian Belski
US Bancorp
Piper Jaffray
Confusion over tax rebate causes millions of filing errors
A GAO report shows more than 3.1 million returns contain errors related to last year's rebate checks. The checks ranged up to 300 for individuals 500 for heads of households and 600 for joint filers. Errors account for about two thirds of all IRS filing mistakes through March 15.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
General Accounting Office
GAO
IRS
Wheat futures slide as rain lashes plains on CBOT
Grain futures in Chicago fell for wheat while corn and soybeans were mixed as persistent rains drenched the Plains. The wet winter wheat belt kept traders cautious and pressured wheat pits amid expectations of slower crop improvement.
MENTIONED IN THIS ARTICLE
Chicago
Plains
Chicago Board of Trade
Dow Jones Ends Higher Amid Broad Stock Market Moves
Dow Jones closed at 10208.67 up 40.41 as Standard & Poor's 500 fell to 1170.80 by 7.49, Nasdaq composite slipped 43.30 to 1742.57, NYSE index declined 0.80 to 590.94, Wilshire 5000 at 10529.10 with substantial NYSE volume totaling 1.52 billion. Consolidated issues traded reached 3,356 with 1,746 advancing and 1,388 declining and 222 unchanged.
MENTIONED IN THIS ARTICLE
Alcoa Inc
Coke
Lowes
Qualcomm
Ameren
Conag
May Dept. Stores
Ryerson Tull
Sears
Apple
CVS Corp. Maytag
Applied Materials
Devon
McDonald
Solutia Archer
Dillard
Metlife
Southern Co
Avaya Financial
Dollar General
Microsoft
Southwest
AXA
DuPont
Mips Technologies
Sun Micro
Nbty Inc
Baker Hughes
Eateries
Super Value Bemis
Fifth Third
Occi. Petrol
Union Planters
Birm, Steel
First Data Corp
Wachovia
CAT
Intel
Pepsi
Walgreens
Canadian Rail
Pepsi Americass
Wal-Mart
Integra
Kinder Morgan
Pier
First Cifra
Kmart
Polaroid
Union Securities, Inc
Carbondale
CINF
Kroger ProFac Coop
NYSE
SIPC
Clear Channel
Ent
Proxim Inc
NEW York (Ap
Jpmorgch
Jonnins PI
AES Cp
viKmart
AOL TW
Kohls
At&t S AS
Kraft N
ATT Wris
Kroger
AbtLab
LS Log
AberFite
Accentren
Libtyma LillyEli
AMD
Limited
Agere
Lockholm
Alcoa
Loral Sp
Alcon
Lowesl
Allstate
Amdocs
AmExp
Masco
Mattel
AmTower
Medtrnic
BMC Sft
Merck
BP PLC
MerrillLyn
BakrHu
Barrickg
Newmtm
Baxter
BellSouth
NokiaCp
Nortel Nw
Boeing
CVS Cp
Penney
PepsiCo
Calpine Pfizer
Celestic G
PhilPet ClearChan
Proctg
Providf
CocaCl
Prudent
Compaq
QwestCm
CompAs
ConAgra
Recksn
Conoco
RiteAid
RoylDut
Conseco
SBC Com
Cooper
Corning
Safeway
CwnCork
Schergp
Schimb
DR Horton
Schwab
Disney
Dollarg
SierrPac
DowChm
Selectra
Spratfon
Duke Egg
Spratpcs
EMC Cp
Twaaztec
Ekodak
Elan
TaiwSems
EDS
Target
Telmexl
EDS Pff TenetHit
FleetBost
Tycointl
Fordm
Udomr
FredMac
UtdMicro
Gap US Bancro
Genentech
VerizonCm
GenElec
WalMart
Goldmans
Hallibin
WA Mats F
Hewlettp
WatsnPh
HomeDp
WellsFrgo
Honwilint
Wendys
Houshint
Wyeth
IBM
Xerox
USDA supply report stirs mixed crop price shifts
Wednesday's USDA supply and demand report is awaited as soybeans push higher on expectations of falling supplies. May wheat dips to 2.70 a bushel, corn slips to 2.01, oats drop 0.04, while soybeans rise 0.31 to 4.61 a bushel amid market uncertainty.
MENTIONED IN THIS ARTICLE
U.S. Department of Agriculture
Eastern Cornbelt carcass prices and hogs report
Eastern Cornbelt prices show uncertain carcass quotes from 0.5 to 0.9 inch bf with range 40.00 to 49.59. Today's Illinois direct hogs purchases total 2,728 with steady to weak laws and light demand for light offerings. Boar prices run 14.00 to 22.00 for under 300 lbs and 12.00 to 15.00 for over 300 lbs.
MENTIONED IN THIS ARTICLE
Illinois
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Bryan Piskorowski
Prudential Securities
Standard & Poor
Dow Jones
Pon Nin Uu
Southern Illinoisan
N. Illinois
Illinois Centre Mall
Marion
17Th Street Bar & Grill
Murphysboro
Dar
Salaam
Melange Coffee House
Old Main
Franklin County Country Club
West Frankfort Ia
Vid
Murphysboro Whaler
Paducah
Mungo Jerry’s
Fat Cat Cafe
McCleland’s
Pistro
Knny
Joy
Pagliai’s Pizza & Pasta
Golconda
Cristando’s
Ca & Bakery
Lick Creek
Buncombe
Larry’s Pit Bbq
du Quoin
Christopher Carns Pizza and Pasta
Carterville
Pinckneyville
P.O. Box
Springfield
Illinois Coalition Against Tobacco
Ilcat.org
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