Wall Street inches up after mixed economic data
U S stocks gained a razor thin amount as data showed slower housing demand and softer consumer spending but also hints the Fed will hold rates. Dow up 6.56 points while S P 500 and Nasdaq rose modestly. Treasuries steady and oil higher. Notable moves included Chico’s FAS drop on soft outlook and Rite Aid buying U S drug stores from Jean Coutu. Apple recalled 1.1 million Sony laptop batteries.
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Elisabeth Denison
U.S
Dresdner Kleinwort
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Art Nunes
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Bellevue
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Chico
FAS Inc
Williams-Sonoma Inc
Pottery Barn
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Canada
Jean Coutu Group Inc
Rite Aid
Ride Aid
Walgreen
CVS
Pulte Homes Inc
Toll Brothers Inc
Apple Computer Inc
Sony Corp
Apple recalls 1.8 million Sony batteries in laptops
Apple Computer recalls 1.8 million Sony built notebook batteries that can overheat and catch fire after nine reports of overheating and two minor burns. The recalls affect 12 inch iBook G4 and PowerBook G4 lines sold in the United States from 2003 to 2006, with 700,000 more units abroad. Dell had a larger recall earlier, both tied to Sony cells. Apple asks owners to stop using the batteries and visit a support site or call 1-800-275-2273 for free replacements.
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Missouri AG backs CAFO regulation by county health boards
The Missouri Attorney General's office issued a courtesy letter affirming health center boards can regulate CAFOs like county commissions. Nodaway County trustees enacted a health ordinance on hog farms, requiring financial security and air rules. the commissioners voided it. Marion County faces a similar clash. A formal opinion may come only at the request of local prosecutors or legislators.
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Grain futures rise on CBOT while soybeans slip
Grain prices on the Chicago Board of Trade advanced for wheat and corn with gains led by September delivery. Wheat rose 9.5 cents to 3.75 per bushel, September corn up 4 cents to 2.27, oats up 1 cent to 1.76, while September soybeans fell 0.5 cent to 5.51 a bushel.
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Stockyards Springfield Prices and Hogs Trade Report
Eastern Cornbelt carcass prices for various BF thickness from 0.5 to 0.9 inches show ranges. Today's negotiated Illinois Direct Hogs total 12,484 with uneven trading and moderate demand. prices for 300-400, 400-500, 500-600 and over 600 lb weights are listed with widening ranges. The report is attributed to The Associated Press.
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