Steel tariffs lift four producers with small profit
Four domestic steel makers reported a modest 0.8 percent year long profit after tariffs, including U.S. Steel, Nucor, Steel Dynamics and National Steel. ITC midterm review will decide tariff fate by Sept. 19 as prices recover but unions warn of harm and potential job losses.
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Alan
World Trade Organization
United States
U.S. International Trade Commission
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Bush Administration
Wolff
Louis Leibowitz
Consuming Industries Trade Action Coalition
Leibowitz
Pet products expand brands into four legged market
Companies including John Paul DeJoria's John Paul Pet push into pet care with shampoos and conditioners for dogs and cats. Origins and Harley Davidson also offer pet lines, tapping a growing industry expected to reach 31 billion dollars in 2003 as Americans increasingly treat pets as family.
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Atlanta
John Paul DeJoria
Paul Mitchell Salon Products
DeJoria
John Paul Pet
John Paul
Paul Mitchell
American Pat Products Manufacturers Association
Origins
Esiee Lauder Co
Weiss
APPMA
Harley Davidson
Ruth Crowley
Motorcycle Company
Old Navy
Magic
Alejandra Cohan
Michael Simon
Market Falls After Merck Earnings Trim Optimism
New York AP: Markets sag as Merck and Lexmark miss estimates and trim outlooks. Dow down 91.46 to 9096.69, Nasdaq -27.09 to 1681.41, S&P -14.52 to 978.80. 3M rises after beat, Lexmark -19.2 percent amid outlook cut. Foreign indexes mostly lower.
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Merck
Lexmark International
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Gary Kaltbaum
Investors’ Edge Partners
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Dow
Lilly
Pfizer
Lexmark
Canon
Dollar Retreats as Pound Leads Gains in Global Markets
The dollar slipped against major currencies as the British pound climbed to 1.6001 amid a Tokyo market holiday. U S stock ranges fell with the Dow off 91 to 9097, Nasdaq down 27 to 1681, and S P 500 down 14 to 978 as the euro rose to around 1.1348 after a modest plus 0.1 percent read on leading indicators.
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Dow Jones
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U.S
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