Investors brace for muted start as GM and Bank One disappoint
Markets drift higher as investors tolerate weak first quarter results from General Motors and Bank One. IBM posts a solid rise with 16 percent earnings growth enabling a Dow gain while Vilsack cancels a Cuba trade mission over dissident crackdowns. Cargill reports third quarter earnings up 52 percent driven by cocoa and deicing salt business. Major plant sites listed in Iowa and multiple states.
MENTIONED IN THIS ARTICLE
General Motors
Bank One
Thomas Lydon Jr
Global Trends Investments
Newport Beach
Calif
New York Stock Exchange
IBM Corp
Wall Street
Thomson First Call
Cargill Inc
Cargill
Minnetonka
Minn
Cedar Rapids
Belmond
Buffalo
Eddyville
Greeley
de Witt
Monroe
New Sharon
West Branch
Diesel cut may boost soybean oil demand
The Bush administration proposed cutting non-highway diesel pollution by over 90 percent, targeting off-road engines and fuels from 2008 to 2014 with 99 percent sulfur reduction. Soybean growers say biodiesel from soy could rise demand for soy oil while preserving engine safety and reducing emissions. The plan aims to prevent thousands of deaths and respiratory problems by 2030 and invites public comment.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Gazette
Soybean
Bush Administration
Ron Heck
Perry
National Biodiesel Board of Directors
Heck
Roasters Coffee House brings fresh roasts to Hiawatha
Hiawatha welcomes Roasters Coffee House at 1059 North Center Point Rd. owners Mike Pierce and Shirley Hilton roast small batches on premises using partly automated gear. The shop offers daily flavored coffees and diverse beans from Seattle with selections like Columbian El Toro Supremo Kenyan AA and Sumatra Lintong Superior. They plan future wholesale growth and feature local art and music.
MENTIONED IN THIS ARTICLE
The
Gazette Hiawatha
Hiawatha
Mike Pierce
Shirley Hilton
North Center Point Rd
Cedar Rapids
Pierce
Melissa Condit
Springville
Roasters Coffee House
Tokheim Corp Closes Doors After Bankruptcy Lows
Fort Wayne Ohio indiana company Tokheim Corp founded in Cedar Rapids in 1901 ends operations after repeated losses. The firm sold in 1994, assets bought by Dresser Wayne’s parent in 2000, with further bankruptcy filings and restructuring. Tokheim Co remains Marion based.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Fort Wayne
Ind
Cedar Rapids
Tokheim Corp
John J. Tokheim
Tokheim
Tokheim Co
Marion
Tom Barnes
Vicki
Agnes Tokheim
Tolheim Corp
Dresser Inc
Dresser Wayne
Rockwell Collins Wins $30 Million U K Contract Subcontract
Rockwell Collins (UK) Ltd named subcontractor on VT Merlin Communications DHFCS program to modernize U K defense high frequency communications. The $30 million role covers hardware and systems support for a 15 year effort across the three armed services. VT Merlin holds a $345 million overall contract to operate and sustain the high frequency network.
MENTIONED IN THIS ARTICLE
Rockwell Collins
U.K
the Gazette
United Kingdom
Rockwell Collins (UK) Ltd
Armed Services
VT Merlin
Qinetiq
Kevin Cawood
Steve Banham
Cedar Rapids Community Foundation Holds 2003 Annual Meeting
The Greater Cedar Rapids Community Foundation meets today at Theater Cedar Rapids to present four grant funded projects. Highlights include Cultural Corridor Web calendar by area cultural alliances, People and Places of Oakhill Jackson by Cornell College and Grant Wood Elementary, Low Vision Services by Aging Services, and Veterans Memorial Stadium project by Kernels Foundation. President Dan Baldwin outlines plans after fall meetings with 66 nonprofit directors to boost grant impact.
MENTIONED IN THIS ARTICLE
Greater Cedar
Oakhill Jackson
Cornell College
Grant Wood
Dan Baldwin
Also Mentioned on This Page
Nasdaq
Vilsack
Tom Vilsack
Cuba
Iowa
IBM
OciTyune
Slowa City
AP Stockquote
EPA
Epa.gov
American Lung Association
Lungusa.org
NRDC
Nrde
Environmental Protection Agency
Ken Golden
John Deere
Moline
Richard Kassel
Natural Resources Defense Council
American Lung Association and
Environmental Defense
Associated Press
Marlene.lucas
Gazettemmunications.com
By Dave DeWitte
Seattle
David.dewitte
Gazettecommunications.com
Jim Slosiarek
Dian Boysen
Boysen
C.R
C.R. Foundation
Veterans Memorial Stadium
Kernels Foundation
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