Wall Street closes higher as profits taken ease market fears
The Dow rose 170.86 to 10,625.20 and the Nasdaq gained 43.19 to 2,059.80 as volume totaled 1.17 billion shares. Eastern Iowa stocks rose with 32 gainers, 14 losers and three unchanged. Procter and Gamble said it may sell or swap Jif and Crisco brands while focusing on Folgers, Pringles, and Coca Cola JV opportunities.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
Iowa
Fiserv
Kohl’s
General Electric Advanced
AEGON
Quaker Oats
Procter & Gamble Co
P&g
Iowa City
Folgers
Coca-Cola Co
Bandag reports 77 percent profit drop in Q1
Bandag Inc of Muscatine posts first quarter 2001 earnings of 2.3 million or 11 cents per diluted share, down from 10.0 million or 48 cents a year earlier. Sales fall to 209.2 million from 224.3 million as energy and material costs rise. The company makes retreading materials and equipment for about 1,300 franchised dealers producing retread tires and tire management services.
MENTIONED IN THIS ARTICLE
Bandag Inc
Muscatine
Bandag
Legal Support Professionals of Iowa Spring Seminar Lunch
Legal Support Professionals of Iowa sponsor a spring seminar and luncheon from 8 30 a m to 1 p m Saturday in the Milano Room Sheraton Four Points Hotel Cedar Rapids Speakers include Patty Judge David A Hacker and Janet Garkey Fees 30 for non members 15 for students 20 for members For more information call 373 8931 or 366 7641
MENTIONED IN THIS ARTICLE
Legal Support Professionals of
Iowa
Milano
Sheraton
Four Points Hotel
Cedar Rapids
Chamber PM at Coralville Bank Hosts Business Mixer
The Iowa City Area Chamber of Commerce hosts a Business PM at First Trust and Savings Bank 1831 2nd St Coralville from 4 30 to 6 30 p m today. Cost is 4 for members and 6 for non members. Call Lori Bailey at 337 9637 for more information.
MENTIONED IN THIS ARTICLE
First Trust and Savings Bank
2Nd St
Coralville
Iowa City
Chamber of Commerce
Lori Bailey
Essential Science Inc. joins TIC as new tenant
The Technology Innovation Center welcomes Essential Science Inc., a firm that develops tech to measure greenhouse gas reductions, after the state Board of Regents approved its lease in April. The company aims to enter the emerging market for trading emissions credits under international accords, U.S. voluntary programs, and private schemes.
MENTIONED IN THIS ARTICLE
Technology Innovation Center
TIC
Essential Science Inc
State Board of Regents
Essential Science
U.S
Verizon earnings beat forecasts in first quarter 2001
Verizon Communications posted a first quarter profit of $1.57 billion or 58 cents a share on revenue of $16.27 billion, up from $1.52 billion and 55 cents a share a year earlier. The company added 500,000 customers each for long distance and mobile service as revenue rose 7 percent from 2000.
MENTIONED IN THIS ARTICLE
Verizon Communications Inc
Verizon
Verizon Wireless
Vodafone
Nuclear power worries ease with AP poll results
An Associated Press/ICR poll finds half of Americans support nuclear power, with 55 percent of supporters willing to have a plant within 10 miles. Support strongest among men and seniors. concerns linger about waste storage and long term safety amid energy fears.
MENTIONED IN THIS ARTICLE
Mike McDonald
Sparta
Mich
Support for Nuclear Power Gains Narrowly
An Associated Press poll of 1,002 adults conducted April 18 to Monday finds more Americans support nuclear power than oppose it. Nearly four in ten think it can be stored safely, with results similar to two years ago and a plus or minus 3 point margin of error.
MENTIONED IN THIS ARTICLE
California
Verna Clark
Tucson
Ariz
Associated Press
United States
Alaska
Hawaii
Oxford bank opens Coralville branch
First Trust and Savings Bank of Oxford opens a Coralville office at 1831 Second St with two entrances on Second Street and Highway 6. Bank president Ross Stuedemann notes a shift of up to 40 percent of lobby traffic from Oxford to the new location. Peggy Keele serves as Coralville manager. An open house from 4:30 to 6:30 p.m. invites the Iowa City Area Chamber of Commerce and business professionals to tour the facility.
MENTIONED IN THIS ARTICLE
Buzz Orr
Ross Stuedemann
First Trust and Savings Bank
Oxford
Peggy Keele
New Coralville
Iowa City
Marlene Lucas
Coralville
First Trust and Savings Bank of Oxford
Oxford Bank
Second St
Second Street
Highway 6
FAA orders 10 day check on Boeing 737 jam nuts
FAA requires airlines to inspect the jam nut on the backup elevator tab assembly on 737 models and repair as needed. The issue affects over 800 jets worldwide with improper installation raising loss of control risk. Boeing and Alaska Airlines officials note inspections are quick with tightening possible if needed.
MENTIONED IN THIS ARTICLE
FAA
Seattle
Federal Aviation Administration
Boeing
Sandy Angers
Lou Cancelmi
Alaska Airlines
Quaker Oats, union plan Friday mediation session
Cedar Rapids Quaker Oats and union representatives for striking machinists carpenters and sheet metal workers will meet with a federal mediator Friday at 9 am for the first time since the four day strike began. The dispute centers on moving seven pump room employees to an energy management firm and a new alternating work schedule.
MENTIONED IN THIS ARTICLE
George C
Ford Gazette
Cedar Rapids
Quaker Oats Co
Joe Ironside
Machinists Local 831
Ironside
Dan Wombold
Quaker Oats
Wombold
Enron Corp
Houston
Texas
Enron
International Association of Machinists
Cedar Rapids Career Fair Draws 100 Employers Saturday
About 100 employers will attend the Cedar Rapids Area Career Fair from 10 a.m. to 4 p.m. at the U S Cellular Center offering job-seekers hiring opportunities and seminars. Admission is free with resume critique available. seminars run from 9:30 a.m. to 1 p.m. and cover interviewing, salary negotiation, resumes, and career planning.
MENTIONED IN THIS ARTICLE
Bill Humbert
Humbert
Sarah Fare
Mri-Daystar
Morris Pounds
Kirkwood Community College
Erin Kray
U.S. Cellular Center
Also Mentioned on This Page
Djia
Legal Professionals Meeting
PM Exchange
Coralville Bank
BizFacts
Homesire
U.S. States
Tan
Ork
Ersey
Nwarice
Travel Indust
Seaarch
Pat Carr
Gra
Washington
ICR
Media
ICR of Media
Stuedemann
First Trust and Savings
Quaker
Eastern Iowa Human Resource Association
Crowne Plaza
Five Seasons
Joe Drahozal
Work Force Initiatives
Priority One
Corridor Careers
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