Inflation rises at wholesale level on higher gasoline costs
The Labor Department reports wholesale prices rose 0.4 percent in March after a 1.4 percent February drop, driven by a 8.41 percent surge in gasoline. Bush warns against price gouging while noting possible supply disruptions. Oil climbs to 71.60 a barrel amid Nigeria tensions and Iran concerns. Dow gains 194.99 points as investors await Fed minutes. Consumer inflation pressures appear limited so far. Construction of new homes fell 7.8 percent in March.
MENTIONED IN THIS ARTICLE
Washington
Marth
Labor Department
Wall Street
Rob Portman
Bush
Nigeria
West
Iran
Tehran
Federal Reserve
Dow Jones
Sherry Cooper
BMO Nesbitt Burns
Cotrmerca Department
Tran
Kevin Lindemer
United States
New York Mercantile Exchange
Dow
Ishire
Russel
Dawe
Travelton
Gasco Ser
AMS
Nics
HiSheas
JRSA
Cheuta Wl
fTaseko
Ragenta
Franke
Afar
larSti
Oberg
Bat Sard
Timken
RicNareg
Wy Inc
Bamispe
Packttan
Sunil
Kisco
Ieee
Saas Gaia BS
BSS
LovesCos
NY Us
Novis Cs
Comcast
Lovie
Lenewant Haag Oh
HOR Pisin Inc
Pontus Ee
EE Diebold NY
Ate
Pier Penney NY
Eno NY
Patyone FrecGam
US Steel
Levoet
Pima Fle
Australia
Fabel
Ciscount Hai
Oderal Funds Ata
Treasuries
Canada
Japan
Bemonty
Oquear Eat
U.S
al Otha
Fidelity Invest
Conta
American Furvds
Bamencan Fun
Wsna P
Wrcox
FCO
Avretican
Fidelay Yet
Puri
Fraw
Tom Fink
Parker Hannifin earnings rise 27 percent on sales gains
Parker Hannifin Corp, based in Cleveland, reported a 27 percent rise in third quarter earnings to 146 per share on sales of 2.5 billion. The results reflect strong North American industrial sales and aerospace demand, with per share earnings excluding charges at 119. The company’s shares traded near 4.56 dollars and rose to a weekly high on the New York Stock Exchange amid the quarterly results.
MENTIONED IN THIS ARTICLE
Parker Hannifin
Cleveland
Parker Han- Shfti Corp
New York Stocks ‘Exchange
Freddie Mac to pay 3.8 million to settle FEC suit
Freddie Mac agreed to pay 3.8 million and stop violating election law after allegations it used corporate resources for 85 fundraisers from 2000 to 2002 that raised about 1.7 million for federal candidates. The FEC called the settlement the largest ever and said it would not pursue action against corporate officials.
MENTIONED IN THIS ARTICLE
Washington
Freddie Mac
Federal Election Commission
Federal Home Loan Mortgage Corporation
FEC
Elfen Weintraub
Ilegally
House Financial Services Committee
Belly grain prices par bustal provided by Town and Country Cen9 Gratton
Grain price report from Town and Country Cen9 Gratton shows belly grain pricing details. Pricing data, market notes, and suppliers mentioned.
MENTIONED IN THIS ARTICLE
Town & Country
Gratton
Speculators question where housing market heads in Miami
The Miami housing scene cools as buyers like MIami resident Fernandez postpone rushed purchases. Analysts predict a soft landing with a high plateau, while Freddie Mac expects total 2005 home sales to fall about 7 percent from record levels. Existing home sales rose 8.2 percent in February after five months of decline, still 1.3 percent below last year.
MENTIONED IN THIS ARTICLE
Miami
al Fernandez
Tampa
Fernandez
T Wankat
Fernandes
Fred
Die Mac
National Association of Realtors
Realtor's Association
Oil prices surge past $71 as tensions boost market
Oil prices reached a record above 71 dollars a barrel on Tuesday amid supply threats and geopolitical tensions including Iran and Nigeria. Analysts cited bullish market psychology despite an OPEC forecast of weak global demand, with May crude hitting 71.60 at the NYMEX and settling at 71.35. Gas prices average 2.79 a gallon as motorists pay 212 million dollars more daily than a year ago. President Bush voiced concern for American families and small businesses.
MENTIONED IN THIS ARTICLE
Washington
OPEC
Bush
America
Also Mentioned on This Page
Settis
Banivate.com
New York
Bankrate.com
North Palm Beach
Fla
EAA W ”An
Fmam Jas
Sources
Devartimant el
Val Assotiati
Home Equity Line OF Credit
NationalCity.com
Reed
Leeann
Nate
Dow Fonnes Industrals