Markets edge higher as Bernanke eyes loan recovery and jobs data
Stocks gained modestly on Thursday as traders waited for Friday payrolls data while hoping for a return of credit demand. Fed Chair Bernanke told Congress the central bank expects to recover most of the 29 billion in Bear Stearns loans. Mortgage rates rose with the 30 year at 5.88 percent and 15 year at 5.59 percent. one year ARMs at 5.19 percent. Dow +20.20 to 12,626.03. S&P 500 +1.78 to 1,369.31. Nasdaq +1.90 to 2,363.30.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
Ben Bernanke
Congress
Fed
Bear Stearns Cos
Bernanke
Standard & Poor
Freddie Mac
MidAmerican to join climate registry as founding reporter
Des Moines utility MidAmerican Energy will report 2008 greenhouse gas emissions for all Iowa facilities as a founding member of the Climate Registry a non profit group that measures emissions. The registry includes Iowa another 38 states six Canadian provinces two Mexican states and three American Indian tribes. Penguins Comedy Club Cedar Rapids will become smoke free May 1 to protect health and boost attendance. General Manager Kasey Smith cites customer employee and comedian health benefits and improved interior upgrades accompany the ban.
MENTIONED IN THIS ARTICLE
MidAmerican Energy
Climate Registry
Des Moines
Penguins Comedy Club
First Ave
Kasey Smith
Penguins
Cedar Rapids
Gas prices survey in Cedar Rapids Iowa City Coralville
A corridor survey reports yesterday afternoon unleaded prices with Road Ranger, BP, Casey's stations in Cedar Rapids Iowa City and Coralville. Noted low price was 2.54 in 2007 context.
MENTIONED IN THIS ARTICLE
First Ave
15Th St
Cedar Rapids
Williams Boulevard
Casey's
Dubuque & Market Streets
Iowa City
Coralville
Railchief: Transportation outlook off track in coming decades
BNSF President Matt Rose warns at the Moving Iowa Forward conference that without major funding and planning, the national goods movement system will face rising congestion and delays. He cites a shortfall of about 40 billion and urges a national freight fee and policy while noting Iowa's strong rail administration led by Feggy Baer.
MENTIONED IN THIS ARTICLE
David DeWitte
Gazette
Des Moines
Bnsf Railway
Matt Rose
Iowa
Rose
National Surface Transportation Policy and Revenue Study Commission
Dwight D. Eisenhower
United States
China
Texas Transportation Institute
Iowa Department of Transportation
Office of Rail Transportation
Feggy Baer
Baer
Utilities extend moratorium on shut-offs for Iowa households
Alliant Energy and MidAmerican Energy extend the winter moratorium from April 2 to April 14 per a non bind ing Senate resolution. About 218000 Iowa households qualify for protection though past due accounts total over 36 million dollars, prompting calls for arrangements to pay before the new end date.
MENTIONED IN THIS ARTICLE
Alliant Energy
MidAmerican Energy
State Senate
Alan Arliss
Arliss
Kirkwood Mechatronics Training Links Firms to Growth
Kirkwood Community College in Cedar Rapids-Iowa trains technicians using a 150000 Mechatronics simulator to merge mechanics and electronics for factory floors. The program supports an associate degree and non credit certificates funded by Grow Iowa Values and ties to firms like General Mills, Rockwell Collins, ADM and PMX Industries with potential expansion to wind turbine plants.
MENTIONED IN THIS ARTICLE
Brian Finnegan
Colesburg
Kirkwood Community College
Jones Hall Laboratory
Kirkwood
George C. Ford
Gazette
Edar Rapids
Iowa
Siemens
Thomas
General Mills
Allen Bradley
Rockwell Collins
ADM
PMX Industries
Lorax Project Teaches Eco Responsibility Through Stocks
In schools nationwide third to fifth graders join the Lorax Project linking Dr. Seuss tales to responsible business. Students discuss recycling and environmental care, read the Lorax, and evaluate a 10 stock portfolio including BP, Cisco, McDonald’s and Nike to see what makes companies eco friendly.
MENTIONED IN THIS ARTICLE
Dr. Seuss
Foundation For Investor Education
Kathy Floyd
Floyd
BP PLC
Cisco Systems
McDonald’s
Nike
Also Mentioned on This Page
Transportation Outlook
BNSF
David.dewitte
Gazettecommunications.com
Senate
By David DeWitte The—-Hig
Rick Sev
Viedia Services
Grow
George.ford
Steve Rosen
Kansas City Star
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