Wall Street Falls as Oil Rise and UPS Warning Stirs Caution
U S stocks dropped with the Nasdaq down over 1 percent as oil prices rose and UPS issued a profit warning. The Dow fell 49.18 to 12527.26 and the S&P 500 declined 11.05 to 1354.49, while Penford Corp reported Q2 earnings of 21 cents per share on 87.9 million in revenue.
MENTIONED IN THIS ARTICLE
Wall Street
United Parcel Service Inc
Standard & Poor
Penford Corp
Penford Products
Cedar Rapids
Centennial
Colo
Embraer To Feature Rockwell Collins Avionics
Embraer plans to equip its Mid-size Jet and Midlight Jet with Rockwell Collins Pro Line Fusion avionics. The integrated flight deck will use four 15-inch LCDs with synthetic vision for terrain and obstacle depiction, marking the avionics maker’s debut in Embraer executive jets.
MENTIONED IN THIS ARTICLE
Embraer
Rockwell Collins
Gazette to publish 16th annual Eastern Iowa high school reunions
The Gazette invites reunion submissions for its May list of high school reunions in Eastern Iowa. Send city, school, class year, reunion date(s), location, contact details, and missing classmates by April 18. Free listings appear May 4 with missing names online. respond by email, fax, or mail.
MENTIONED IN THIS ARTICLE
the Gazette
Iowa
Gazettecommunications
Newsroom
P.O. Box
Cedar Rapids
Gas price survey notes Corridor variation yesterday
A random survey records gas prices in the Corridor as of yesterday afternoon. Prices are rounded to the nearest cent with a low price today in 2007 noted at 2.62 dollars.
Middle class glam about economic progress
Washington AP report on Pew Research Center findings shows more middle class Americans feel no progress over five years, with 25 percent saying no improvement and 31 percent saying they have fallen backward. The study compares middle with richer households, noting net worth growth disparities and lingering optimism.
MENTIONED IN THIS ARTICLE
Washington
Pew Research Center
Paul Taylor
Pew
Social & Demographic Trends Project
Millstream Brewing to Expand After Rural Iowa Seminar
Teresa Albert and Chris Priebe of Millstream Brewing Co in Amana plan a summer expansion after mentoring from the Entrepreneurial Development Center in Cedar Rapids and a Feb 7 Renew Rural Iowa seminar. They have already expanded into Wisconsin and Illinois and aim to widen distribution.
MENTIONED IN THIS ARTICLE
George G. Ford
Gazette
MANA
Teresa Albert
Chris Priebe
Millstream Brewing Co
Cedar Rapids
Albert
Priebe
Iowa
Curt Nelson
Nelson
Millstream Brewing
Wisconsin
Illinois
EDC
Iowa Farm Bureau
Renew Rural Iowa
Amana
Boeing delays 787 debut to late 2009
Boeing pushes back the 787 jetliner schedule by six months, delaying commercial debut to the third quarter of 2009. The third revision to the delivery timetable and fourth change to first flight plan raise cost concerns, affect reliability credibility, and trigger potential airline compensation while Airbus gains momentum. May-?
MENTIONED IN THIS ARTICLE
Boeing
Chicago
Boeing Co
Japan
All- Nippon Airways
All Nippon
Landscape of home buying has changed McGuire
McGuire comments on shifting patterns in the housing market as buyers face new challenges and opportunities. The piece outlines evolving lending, inventory, and price trends shaping decisions for buyers and sellers in the current market landscape.
Mortgage myths fade as buyers face tighter lending
A look at how the March 2008 housing market differs from 2006 shows fewer 100 percent loans, higher down payments, and stricter mortgage standards. Borrowers with scores under 700 pay more, while FHA remains an option. Lenders demand verification and debt-to-income ratios near 40 percent, and cash reserves are scrutinized.
MENTIONED IN THIS ARTICLE
Minnesota Mortgage Association
Tim Bendel
Federal Housing Administration
Edina Realty
Edina, Minn
Kelly O
Bendel
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Rockwell Collins Avionics
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Dubuque & Market Streets
Iowa City
Coralville
Taylor
Entrepreneurial Development Center
Cliff Jette
Jonathan D. Woods
The
Kara McGuIre
Minneapolis Star Tribune
Sunny Han
Tiffany