Cedar Rapids Cable Firm Sells for Over 20 Million
Cable Communications of Iowa Inc of Cedar Rapids signs a letter of intent to sell to Centel Corp of Chicago for more than 20 million dollars. The deal adds 30,000 Iowa cable customers across 13 towns and keeps Iowa operations headquartered in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Bruce Fishwild
Cedar Rapids
Cable Communications of Iowa Inc
Centel Corp
Chicago
Centel
Iowa
Burlington
Fairfield
Atlantic
Carroll
Cherokee
Center
Polk County
Fla
Florida
Warner Amnex Cable Communications Inc
Winter Haven
Lake Alfred
Eagle Lake
Auburndale
Tampa
Bell
United States
New York Stock Exchange
Central Telephone and Utilities
Cable Communications of
William Quarton
Louis van Nostrand
WMT
Minnesota
Opera
Corporate earnings review March 1983 across firms
First quarter results show varied momentum with Amana Refrigeration recovery and electronics growth, while geo physical exploration demand and Mexican operations lag. Northwestern Bell notes 10.2 percent return on total capital. Piper Jaffray cites strong trading volumes. Gannett reports gains amid USA Today start-up costs. GTE posts lower net income due to share count reductions.
MENTIONED IN THIS ARTICLE
Thomas L. Phillips
Iowa Manufacturing
Cedar Rapids
Northwestern Bell
Iowa
Midwest
American Telephone and Telegraph
Piper Jaffray Inc
Piper, Jaffray & Hopwood
Minneapolis
H.C. Piper
Gannett Co
Iowa City Press Citizen
USA Today
American Equity Investment Trust Earnings Report
Earnings from operations fell to $421,489 from $512,496 as the firm blames the Ramada Inn in Monroe Louisiana for the decline requiring repossession and refurbishment to boost business. The report covers results through March 3 1983 with per share figures in cents and a net income drop from $956 to $789.
MENTIONED IN THIS ARTICLE
Monroe
Hawkeye Bancorporation Reports Record First Quarter
Hawkeye Bancorporation reports 11 percent net income per share 57 cents a share on revenue of $4,134 thousand versus $3,738 thousand last year. Net income reached a first quarter record as deposits loans and assets rose with 700,000 more shares outstanding. United State Bank of Cedar Rapids is among its subsidiaries.
MENTIONED IN THIS ARTICLE
United State Bank of Cedar Rapids
Stocks end eight day winning streak as profits fall
The Dow fell 8.70 to 1,174.54 as profit taking and earnings news weighed on the market. Volume on the NYSE rose to 91.21 million shares while several big gainers posted declines and concerns over Volcker's Fed chair future surfaced.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Meredith Reports Third Quarter Results Decline
Meredith Corp posts third quarter 1983 results with revenue down due to transfer of printing operations and magazine sales weakness. Net income slides to 6.399 million and earnings per share 2.04 while overall revenue falls 4 percent. President Burnett notes figures are not comparable to last year’s third quarter.
MENTIONED IN THIS ARTICLE
Op.Rev
Robert A. Burnett
Brock Hotels Corp Reports 1983 Net Income Drop
Brock Hotels Corp operates numerous Holiday Inns and Showbiz Pizza Places including the Cedar Rapids hotel. Through March 3 1983 the company shows net income of 69 dollars per share at 2 154 dollars, a 96 percent decline from prior periods, with revenue around 79 976 dollars and 57 102 dollars in related figures.
MENTIONED IN THIS ARTICLE
Brock Hotel Corp
Cedar Rapids
Dollar hits new high against French franc in Paris
The dollar rose to 7.3595 francs in Paris amid a broader market mix, then traded at 7.3555 francs in U S trading. Separately CBS Inc announced William S Paley will step down as chairman with Thomas H Wyman taking over effective Wednesday. International Harvester faced heavy dealer losses and price cuts as it seeks to sustain its truck network in a weak market.
MENTIONED IN THIS ARTICLE
New York
Paris
U.S
William S. Paley
CBS Inc
Paley
Thomas H. Wyman
Pillsbury Co
CBS
Wyman
Chicago
International Harvester Co
Harvester
Neil Springer
Wall Street Journal
Pied Piper Restaurant Faces Startup Chaos On Opening Day
Pied Piper owner Tom Pittman recalls a rough Monday with long lunch lines and printed orders failing to reach the kitchen. Managers switched to manual ticketing while a bad chicken batch added to the woes. By Tuesday most customers were served on time as the business stabilized.
MENTIONED IN THIS ARTICLE
Gary Peterson
Tom Pittman
First Avenue
Tenth Street
Pittman
Caterpillar contract vote set after tentative settlement
UAW International Vice President Stephen Yokich announced a tentative settlement in the Caterpillar strike to be voted on by 20,400 workers at 18 plants across six states. Ratification details to be released after member votes conclude by April 24. Negotiations had taken place in Bridgeton.
MENTIONED IN THIS ARTICLE
Bridgeton
United Auto Workers
Caterpillar Tractor Co
UAW International
Stephen Yokich
Detroit
Yokich
Caterpillar
Central Bargaining Committee
UAW
Ford reveals Aerostar minivan line for 1985 model year
Ford Motor Co plans a $700 million Aerostar minivan line to compete with larger Econoline models. Built in St Louis, the vans will debut mid 1985 as production shifts of large cars move to St Thomas Ontario. About 2,500 jobs remain in St Louis while Chrysler and GM push ahead with rival small vans.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Ford
Lorain
Ohio
St. Louis
St. Thomas
Ontario
Eugene Koch
Harold Poling
Chrysler Corp
General Motors Corp
Chrysler
United States
Also Mentioned on This Page
Quarton
the Gazette
Boston
John P. Frazee
Raytheon
M.P. Kartalia
Piper Jaffray
GTE
Manchester
Tama-Toledo
Martin Marietta
American Equity Investment Trust
Hawkeye Bancorporation
Stocks
Reagan
Paul Volcker
Federal Reserve
White House
Volcker
Treasury
International Business Machines
American Express
Sears, Roebuck & Co
Merrill Lynch
Rohm & Haas
VF Corp
Pfizer
Honeywell
RCA
Baldwin United
Securities and Exchange Commission
NYSE
Exchange
Standard & Poor
S&p
Meredith
The
Pied Piper
Radio Shack
First Ave
S.E
Downtown
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