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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Aug 19, 2006

Page

5

Investor optimism lifts stocks to fifth straight gain

Wall Street closed higher for a fifth day as investors weighed lagging consumer sentiment and Dell's weak second quarter results. The Dow rose 46.51 to 11381.47 with Microsoft stock buyback supporting the rally while the S&P 500 and Nasdaq edged up, despite a drop in the University of Michigan sentiment index to 78.7 in August. Dell posted a 51 percent quarterly profit decline amid slowing sales and an ongoing SEC accounting probe.

New York Wall Street Dell Inc University of Michigan Microsoft Corp Federal Reserve Alexander Paris Barrington Research Dell Securities and Exchange Commission Standard & Poor

Boeing to halt C-17 production at Long Beach plant

Boeing plans to shut down C-17 cargo plane production in Long Beach, risking job cuts nationwide if new orders do not arrive. The move could end a once-dominant regional aircraft industry, with more than 7,000 Boeing workers and 25,000 suppliers affected, delaying layoffs into 2009 while pending orders keep some output.

Boeing Long Beach Los Angeles Boeing Co Congress Iraq Afghanistan

Grain futures mixed on Chicago Board of Trade

Grain futures edged higher for some contracts while soybeans declined on Friday. Wheat for September delivery rose to 3.64 a bushel, corn gained to 2.19, oats fell to 1.75, and soybeans slipped to 5.47 a bushel, per Associated Press.

Chicago Chicago Board of Trade

Stockyards Springfield Hogs Prices and Negotiated Purchases

Eastern Cornbelt carcass prices span 0.5 to 0.9 inch bf with ranges from 72.76 to 74.47 dollars. Today's Illinois direct hog purchases total 7,927 with prices 32.00 to 37.00 for various weight classes and boars at 28.00 to 32.00 under 300 pounds and 12.00 to 15.00 over 300 pounds. Demand is moderate with heavy offerings and prices up about 1.00.

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Closing Stocks Rise on Broad Market Rally

New York trading closes with mixed gains as large cap names like ExxonMobil, Microsoft and Coca Cola post climbs amid overall market strength. Tech and energy shares lead while some laggards trim gains, with financials and consumer goods showing varied moves.

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