Meredith offers special early retirement for 170 employees
Meredith Corp of Des Moines announced a one time voluntary early retirement program for about 170 full time employees. Eligible staff are 55 or older with 10 or more years of service by June 30. Decision due by June 15. Kerr cited revenue declines in magazines and TV broadcasting and said layoffs depend on voluntary program response.
MENTIONED IN THIS ARTICLE
Meredith Corp
Des Moines
Meredith
William T. Kerr
Kerr
Delaware judge allows IBP suit against Tyson to proceed
Judge Leo E. Strine ruled in Delaware that IBP’s lawsuit over Tyson Foods can go forward. He rejected Tyson’s motion to dismiss and its claim the issues could be tackled in Arkansas. IBP seeks to force Tyson to complete its $3.2 billion buy, including $1.5 billion debt assumption, after Tyson pulled the deal.
MENTIONED IN THIS ARTICLE
Delaware
IBP
Tyson Foods
Leo E. Strine
Tyson
Washington County
Ark
Strine
Arkansas
Springdale
Chancery Court
New Castle County
Del
Qwest Names Afshin Mohebbi President and COO
Afshin Mohebbi, 37, named president and chief operating officer of Qwest Communications International. He will retain duties as president of worldwide operations and assume day to day operations, as CEO Joe Nacchio aims to focus on corporate performance and long term strategy.
MENTIONED IN THIS ARTICLE
Qwest Communications International
Afshin Mohebbi
Mohebbi
Joe Nacchio
Afshin
Nacchio
Murdock Communications Reports Narrow 2000 Loss
Murdock Communications Corp of Cedar Rapids reports a smaller full year loss for 2000, posting a net loss of 4.4 million or 41 cents a share on 8.4 million in revenue, versus 18.6 million loss on 27.5 million revenue the year before. For Q4 ended Dec 31 the company shows a 2.7 million loss or 22 cents a share on 1.9 million in revenue, down from 16 million loss on 7.0 million revenue a year earlier.
MENTIONED IN THIS ARTICLE
Murdock Communications Corp
Cedar Rapids
Murdock Communications
Rockwell International Reports Q2 Earnings Slide Boosted by Rockwell Collins
Rockwell International Corp. posted a 24 percent drop in second quarter net earnings to 125 million dollars or 67 cents per share after a one time charge, while revenue rose to a record 1.85 billion as Rockwell Collins avionics unit in Cedar Rapids lifted results. Collins revenue climbed 12 percent on two acquisitions, with overall guidance suggesting earnings may hit the high or low end of analyst projections depending on conditions.
MENTIONED IN THIS ARTICLE
Rockwell
Thomson Financial
First Call
Cedar Rapids
Fed trims rates again as Wall Street surges
The Federal Reserve cut the federal funds rate by 0.5 percentage points to 4.5 percent in an emergency move to bolster the economy. Banks followed with a half-point prime rate cut to 7.5 percent, boosting confidence after a year of market losses. Key stocks RF Micro Devices Kohl's Wal-Mart Toyota rose on the news.
MENTIONED IN THIS ARTICLE
Washington, D.C
Federal Reserve
Alan Greenspan
Wall Street
Fed
Dow Jones
Iowa
Kohl’s
Wal-Mart
Toyota
David Jones
Aubrey G. Lanston & Co
New York
Greenspan
Farm program brings dairy calf lessons to Benton County students
Eric Henderson, age nine, from Central Elementary in Belle Plaine pets a Holstein calf at a dairy cattle presentation hosted by Vinton-Shellsburg High School FFA at the Benton County Fairgrounds. More than 360 Benton County third graders attended the ISU Extension Service Farm Bureau event sponsored by local agriculture groups.
MENTIONED IN THIS ARTICLE
Eric Henderson
Central Elementary School
Belle Plaine
Vinton-Shellsburg
Future Farmers of America
Benton County Fairgrounds
Vinton
Benton County
Iowa State University Extension Service
Benton County Farm Bureau
Benton County Livestock and Crop Commodity Groups
Vinton-Shellsburg Ffa
Cedar Rapids Faces Slower Retail Growth Shakeout
Commercial real estate experts say Cedar Rapids will see a shakeout as about half a million square feet of vacant retail space remains after ShopKo and Montgomery Ward closures and Target realigns. Rents at Lindale Crossing exceed prior highs while some space converts to offices or warehousing. big box chains continue expansion at reduced scales.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Montgomery Ward
Target
Olson
Lindale Crossing
Collins Road
First Avenue NE
Don Pfeiler
Iowa Realty Commercial
Pfeiler
Home Depot
Chili's
Wild Oats
Macaroni Grill
Famous
Jeffrey Daniels
Buyers Realty
Des Moines
Borders
Best Buy
Buffalo Wild Wings to Open in Old Capitol Town Center
Buffalo Wild Wings signs a 5200 square foot lease at Old Capitol Town Center in Iowa City. The restaurant aims to open after exterior renovations in September, joining a Cedar Rapids location opened earlier this month.
MENTIONED IN THIS ARTICLE
Old Capitol Town Center
Buffalo Wild Wings
N.Y
Minneapolis
Iowa
Norstrom
Westwood Plaza
Cedar Rapids
United expands Cedar Rapids O’Hare service with United Express
Atlantic Coast Airlines will launch United Express regional jet service from Cedar Rapids to Chicago O’Hare starting June 7 with one daily round trip per city. Additional routes include Albany Hartford Buffalo Charlotte Kansas City and Omaha. A Cedar Rapids O’Hare round trip adds to four existing United mainline flights. CRJ jets offer two by two seating and speed of 530 mph.
MENTIONED IN THIS ARTICLE
O'Hare
United Airlines
Cedar Rapids
United Express
Albany
N.Y
Hartford
Also Mentioned on This Page
Qwest
Coo
Murdock
BizFacts
Panies Archy
Pat Vara
Paul Tra
Krt
Cos
Sudsidieg
Rockwell International
New York Stock Exchange
Gordon Richards
National Association of Manufacturers
Gazette
Mark Christian
United Expanding C.R., O’hare Service
Atlantic Coast Airlines
United States
Delta Connection
Canada
George Ford
Georgef
Commercial Federal
FDIC
Williams Blvd
First Avenue
Edgewood Rd
Seventh Avenue
Marion
Mt. Vernon Road
Johnson Avenue
Highway 151
Comfedbank
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