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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 11, 2000

Page

13

Tech shares slump as Nasdaq drops and Dow rises

technology stocks led a broad market slide with the Nasdaq down 258.25 points to 4188.20 while the Dow rose 75.08 to 11186.56. Volume was 1.05 billion on the NYSE with mixed gains for Eastern Iowa listed names and notable moves in Maytag RF Micro Devices and Conexant.

Wall Street New York Stock Exchange NYSE Iowa International Paper Procter & Gamble Sealed Air Weyerhaeuser Maytag AEGON McLeodusa RF Micro Devices Conexant Biotech Computer Indust Insurance Telecom Transport Associated Press AmerOnlines Pfizer Philip Morr Conseco Ile American Stock Exchange Djia Diamndis Cisco Oracle Che Indus Standard & Poor Industrate Utilities Transpt Wilshire Associates

Land changes hint at aging Iowa farmland owners

Iowa State University survey shows 66 percent of farmland owned by 55 year olds or older in 1997, up from 51 percent in 1982. Many young farmers rent and face high cash rents, risking long term debt and less efficient decision making.

Newton Brad Worthington Here Worthington Iowa State University Iowa America Iowa State University Extension Mike Duffy Duffy

Planting season starts with dry soil in Iowa fields

The Iowa Crops and Weather report notes farmers began planting with mostly dry soils. Seeding progress includes 65 percent of primary seedbed and 75 percent fertilization, while topsoil moisture remains largely short to very short. Subsoil moisture shows similar deficits as weekly precipitation remains below normal. Jim Fawcett of Iowa State University cites uneven moisture and low soil temperatures delaying germination.

Jim Fawcett Iowa State University Extension Marion Fawcett

Airline quality worsens as complaints surge in 1999

A Washington AP survey based on Department of Transportation data shows consumer complaints rising 130 percent from 1998 to 1999, with on time performance and baggage handling shaping overall airline quality. Southwest ranked best. United sank to No 10. Continental and Delta followed in the top ranks.

Dean Headley Wichita State University Tation Diana Cronan Air Transport Association Southwest Airlines Usairways Continental Delta Northwest Alaska Airlines American America West TWA United

Wells Fargo to buy Utah bank for about 2.9 billion

Wells Fargo plans a stock buy of First Security Corp. of Utah for about 2.9 billion, creating a 241 billion asset bank with operations in 23 states. The merger would make Wells Fargo the largest bank in Utah, Nevada, Idaho and New Mexico and follows First Security's failed merger with Zions Bancorporation.

Wells Fargo Utah Bank Salt Lake City Wells Fargo & Co Norwest Bank Iowa First Security Corp Utah Nevada Idaho New Mexico First Security Zions Bancorporation Zions Spencer F. Eccles

Automakers Recall Over 400000 U S Vehicles

NHTSA orders recalls by Honda GM and DaimlerChrysler totaling more than 400000 cars and minivans. DaimlerChrysler recalls include Dodge Intrepid Chrysler Concorde 300M LHS and Jeep Grand Cherokee from August 1999. GM recalls 135475 Oldsmobile Intrigue 1998 1999 models for rear belt twists. Honda Odyssey 1999 and 2000 built August 1998 to August 1999 for wiring fuse risk. No injuries or fatalities reported.

Washington Honda General Motors DaimlerChrysler AG National Highway Transportation Safety Administration DaimlerChrysler Sheila Gruber McLean Oldsmobile NHTSA

Also Mentioned on This Page

Dow Town Square Coralville Chuck Skaugstad Sixth Street 10Th and 12Th Avenues 10Th Avenue Fifth Street 12Th Avenue Ob-Gyn Associates Hawkeye Diagnostic Imaging Skaugstad Home Depot Jean-Air Lowe's Home Improvement Stores Circuit City Best Buy Sears Montgomery Ward United States Canada Puerto Rico Chile Treasury Treasury Department Federal Reserve BizFacts Pel Aasin Russia U.K Brazil Pat Carr Paul Kat ISU Randy Hertz Hertz Farm Management Inc Neil Hart Hart Atte Iowa Agricultural Statistics By Marlene Lucas Brent Bowen The University of Nebraska At Omaha Department of Transpor Zions Financial Advisers Ivans Call Eastern Iowa Enterprise Council EIEC Non-Profit Organization Nyse Index E Cousins Community AD Credit Union Asf
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