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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jul 17, 2004

Page

5

Kmart backs Martha Stewart brand after prison sentence

Kmart Holding Co. reaffirmed its loyalty to Martha Stewart Living Omnimedia after Stewart received a five month prison term for lying about a stock sale. The Troy based retailer said MSLO is a valued partner and expects to continue the mutually beneficial relationship. Analysts note Martha Stewart products help differentiate Kmart from Wal-Mart and Target, with surveys showing most former buyers still purchase the line.

Detroit Kmart Holding Co Martha Stewart Martha Stewart Living Omnimedia Kmart MSLO Stewart Wal-Mart

Stocks fall as CPI gains fade, profits worry lingers

Investors shifted from inflation relief to earnings risk after a CPI uptick, sending tech and small cap shares lower and ending a third straight losing week for Dow S&P 500 and Nasdaq. Oil price jumps and geopolitical worries weighed, while core inflation eased and rate hikes faded from immediacy.

NEW York Labor Department Daniel Portanova Gartmore Separate Accounts LLC Dow Jones Standard & Poor Federal Reserve Chris Wolfe J.P. Morgan Private Bank

Grain futures slip as soybeans slide and wheat steadies

In Chicago trading, soybean futures dropped on Friday with corn dipping slightly and wheat unchanged. September wheat ended at 3.33 a bushel, September corn at 2.39, and August soybeans at 7.07 a bushel after declines.

Chicago Chicago Board of Trade

Eastern Cornbelt hog carcass prices slip at Stockyards

Eastern Cornbelt carcass prices fell with bids ranging 70.50 to 85.91 per bushel equivalent. Negotiated purchases totaled 12,809 Illinois Direct Hogs. Trading was steady with moderate demand and offerings across weight classes from 300 to over 600 pounds. Boar prices ranged from 35.00 to 40.00 for under 300 pounds and 10.00 to 16.00 for over 300 pounds.

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