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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 10, 2006
Page
5
New York market figures show Hilton and HomeOp among active issues with varied gains. Large names like IBM AT&T and ExxonMobil posted mixed close, while tech peers AMD and NokiaCp moved within narrow ranges amid daily volatility.
Grain and soybean futures climbed on Tuesday with Wheat for July up 9 4 cents to 3.84 a bushel, July corn up 1 cent to 2.38, July oats up 2 4 cents to 1.89 a bushel, and July soybeans up 5 cents to 6.04 a bushel.
The Dow Jones rose to a six year high on a General Motors upgrade while Dell warned of softer first quarter results. McDonald’s April sales supported gains as oil prices rose and investors awaited the Federal Reserve policy meeting.
AOL announces a 7 percent staff reduction totaling about 1300 jobs and the closure of its Jacksonville Florida call center. Cuts will also hit Ogden Utah and Tucson Arizona centers, the largest layoffs since a previous 700 positions. Workers react with mixed emotions as leadership cites self help and strategic goals.
Eastern Cornbelt carcass prices by fat thickness range from 62.50 to 70.76 for 0.5 inch and down to 57.00 to 66.50 for 0.9 inch. Today's Illinois direct hog purchases total 12,896 with prices trading 1.00 to 2.00 lower amid moderate demand. Hog weights 300 to 600 pounds mostly 22.00 to 29.00 with some over 600 pounds at 27.00 to 30.00 and a few at 32.00. Boars under 300 pounds 21.00 to 28.00. over 300 pounds 12.00 to 18.00.
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