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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Sep 20, 2007
Page
7
NYSE prices list varied readings across many names with Abt Lab AmExp Alcoa Boeing Chevron ExxonMobil and others. The table shows high low close and daily changes for dozens of corporations including Ford General Electric and Wells Fargo amid a broad market snapshot.
Wall Street extended gains after the Fed cut rates to 4.75 percent, boosting optimism for profits and the economy. The Dow rose 76.17 to 13,815.56 as Nasdaq and S P 500 also climbed, while housing data showed ongoing weakness and oil hit fresh records.
United Airlines parent UAL Corp forecasts passenger revenue per available seat mile to rise 7.5 to 8.5 percent year over year for mainline operations in Q3, with overall growth of 6.75 to 7.75 percent. Cost per available seat flown, excluding fuel, is seen up 5.25 to 5.75 percent. Chairman and CEO Glenn Tilton says momentum from a strong Q2 continues.
On the Chicago Board of Trade Wednesday wheat for December delivery fell 24 cents to close at 8.45 a bushel. December corn rose 6 cents to 3.5825 a bushel and November soybeans climbed 1.5 cents to 9.71 a bushel while December oats dipped 0.5 cent to 2.77 a bushel.
Eastern Cornbelt carcass prices show 0.5 to 0.9 inch backfat ranges from 58.50 to 69.00. Today's Illinois Direct Hogs total 13 220 with trades mostly 2.00 to 3.00 lower as demand remains moderate and offerings are moderate to heavy. Hog weights 1 3 300 400 lbs fetch 30.00 to 34.00, 400 500 lbs 32.00 to 36.00, 500 600 lbs 33.00 to 38.00, those over 600 lbs 35.00 to 39.00. Boars under 300 lbs 22.00 to 28.00, over 300 lbs 10.00 to 14.00.
A Missouri Public Service Commission study finds 1.2 million residents about 20 percent lack access to cable or high speed DSL. Statewide 78 percent have some broadband though two-thirds when excluding KC St Louis and Springfield metro areas. Rural towns under 25 000 show 62 percent access.
Dan Rather files a 70 million lawsuit in Manhattan alleging CBS made him a scapegoat for a discredited 60 Minutes story on President Bushs National Guard service. The suit names CBS President Leslie Moonves Viacom Sumner Redstone and former CBS News chief Andrew Heyward.
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