Rockwell reports higher second quarter earnings and sales
Rockwell International Corp posts Q2 results ending March 31 with income of 155 million dollars up 28 percent and sales at 1.9 billion up 6 percent excluding discontinued aerospace and defense and Brenton Banks Inc. earnings and assets noted. Brenton Banks records 4.2 million first quarter net income on March 31 with total assets near 1.63 billion and 46 Iowa offices. Terra Industries sees first quarter net income plunge 79 percent to 3.9 million on 433.7 million revenue amid bad weather. Treasury yields rise with two year notes at 6.46 percent and coupon 6 percent on 10 000 face value notes priced at 9 984.30. Accompany recalls 8 000 hand held hair dryers for electrocution risk. no protective plug and triangle box packaging cited. refunds offered.
MENTIONED IN THIS ARTICLE
Rockwell International Corp
Rockwell
Brenton Banks Inc
Iowa
Brenton
Terra Industries Inc
Sioux City Fertilizer Company
Terra
Treasury
Division Sales Inc
Itasca
U.S
Consumer Product Safety Commission
Dow Surges Marked Rally After Sharp Market Turnaround
The Dow Jones jumped 173.38 points to 6833.59, a 2.6 percent gain and its best percentage rise since 1991. Broader indicators rose but lagged, Nasdaq down amid mixed results, and smaller caps slipped slightly as bond yields drifted toward 7 percent. Analysts warned the rally needs more work despite the rebound over seven sessions.
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New York
Alfred Goldman
A.G. Edwards & Sons
St. Louis
Dow
New York Stock Exchange
Iowa
Procter & Gamble
General Electric
United Technologies
Rockwell
Deere & Co
Gillette
Proffitts
Norwest
Western Atlas
Weyerhaeuser
Heartland Express
Apac TeleServices
Iowa City real estate firms merge to form large Coldwell Banker
Three oldest Iowa City firms Hilgenberg Cilek Hintze Hupfeld Duncan Matheson Lehman and Coldwell Banker Anderson Bender Realtors join to create Coldwell Banker Real Estate Professionals LLC. The firm, with 10 owners and a 40 person Bender sales force, will open June 1 in Sturgis Corner Drive offices and seeks to capture 18 percent of local market sales.
MENTIONED IN THIS ARTICLE
Johnson County
Iowa City
Coldwell Banker
Anderson-Bender Realtors
Duncan, Matheson, Lehman Inc
Hilgenberg, Cilek, Hintze & Hupfeld
Coldwell Banker Real Estate Professionals LLC
Anderson-Bender
Sturgis Corner
Jane McCune
Blank and McCune
McCune
Judy Rigler
Re/Max Elite
Cedar Rapids
Des Moines
Tobacco settlement likely to raise cigarette prices and shift costs
Analysts foresee a large tobacco settlement requiring 250 to 300 billion dollars in payments financed over 25 to 30 years. A 50 cent per pack price rise could lift average price to about 2.30 dollars but may not cover all costs as demand could fall. Major firms including Philip Morris and RJR Nabisco dominate talks with state attorneys general and anti smoking groups.
MENTIONED IN THIS ARTICLE
New York
Philip Morris Cos
RJR Nabisco Holdings Co
Lawmakers briefed on meat plant proposal in Iowa
Iowa lawmakers were told of a 25 million state loan for a 150 million meatpacking plant to aid cattle producers. Officials said wages are unknown and the plan could create up to 2000 low skilled jobs, sparking opposition from Rep. Teresa Garman. Wythe Willey urged a modern plant and met with National Beef Packing Co. president John Miller in Kansas City.
MENTIONED IN THIS ARTICLE
Ocean
David Lyons
Iowa Department of Economic Development
Iowa
Lyons
Teresa Garman
Ames
Wythe Willey
Iowa Cattlemen’s Association
Also Mentioned on This Page
Brenton Banks
Terra Industries
Hope
Tom Bender Anderson
Bender
Tom Bender
Gary Black
Sanford C. Bernstein & Co. Inc
At&t Corp
Transport
American Stock Exchange
Ons Soreneres Eee
Hasbro
Che
Ind
Coxe
Standard & Poor’s
Transpt
Telecom Transport
Wilshire
Value Line Ag
Wilshire Associates Equity
Uesday
Weseran
Associated Press
Frontier Investment Services
Ffutures.com
Advisors Group, Inc
Lowa
Center Point
Fyiowa.com
Food Plus
Health & Science
Home & Real Estate
Ibrary
Eciary Life & Leisure
Metro-Iowa
Sports Desk
James Lynch
E. Charles Street Oelwein
Rod Boshart
E. Fifth Street
Thur
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