Bank of America and FleetBoston win Fed merger approval
The Federal Reserve approves Bank of America and FleetBoston Financial Corp merger 6-0 creating a bank with about 5,700 branches and roughly 966 billion dollars in assets. The deal, valued at 47 billion, faces shareholder votes and promises expanded customer choices while pledging billions in community lending over a decade.
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Washington
Bank of America
FleetBoston Financial Corp
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U.S
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Board of Governors
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Citigroup
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Bank One
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Honolulu
The
Community Reinvestment Act
Charlotte
N.C
Stocks fall in lackluster session on Wall Street
Stocks declined as technology shares led losses amid a slow jobs report showing payrolls up 21,000 in February and unemployment at 5.6 percent. The Dow fell to 10,529.48 while the Nasdaq slid to 2,008.78 as investors moved into defensive blue chips and awaited earnings signals. Major deals included BellSouth selling Latin American wireless stakes for 5.7 billion, aiding the Cingular AT&T Wireless tie up, and J M Smucker buying International Multifoods for 500 million in cash and stock.
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New York
America
Peter Dunny
Wall Street Access
Standard & Poor
Michael Sheldon
Spencer Clarke LLC
BellSouth Corp
Spain
Telefonica SA
BellSouth
Cingular Wireless
SBC Communications Inc
At&t Wireless Services Inc
At&t Wireless
SBC
J.M. Smucker Co
Smucker
International Multifoods Corp
Pillsbury
International Multifoods
Job discrimination complaints fall in 2003 drop
The EEOC reported 81,293 workplace discrimination complaints against private employers in the year ending Sept 30, 2003, down 3.7 percent from 2002 after a seven year high. Racial discrimination remained the largest category at 35.1 percent, with gender, age, disability and national origin also represented.
MENTIONED IN THIS ARTICLE
Washington
Equal Employment Opportunity Commission
EEOC
Carl M. Dominguez
Grain futures slip on CBOT as May contracts move
In Chicago futures trading for May delivery, wheat dropped 6 cents to 3.67 a bushel and corn fell 4 cents to 2.92, oats rose a half to 1.56, while soybeans declined 20 cents to 9.17 a bushel, reflecting cautious markets.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Eastern Cornbelt carcass prices rise at Stockyards Springfield
AP notes higher Eastern Cornbelt carcass prices with 0.5 to 0.9 inch bf ranges. Today's Illinois Direct Hogs purchases total 13,862. Laws indicate pricing is trending steady to firm with light to moderate demand for moderate offerings. Hog weight bands show 300-400 lbs to 600+ lbs. Boars under 300 lbs 25.00-32.00, over 300 lbs 8.00-12.00.
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Springfield
Illinois
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