Market dip and recalls press on U.S. stocks and products
Wall Street fell after a weak employment report with the Dow down 79.83 and Nasdaq off 19.40. United Fire & Casualty posted higher Q2 net income at 13 million dollars, while a Cedar Rapids flea market opens for weekends. Graco recalls Snug Ride seats for missing hardware with many model numbers listed and a helpline provided.
MENTIONED IN THIS ARTICLE
Wall Street
Mike Kayes
Eastover Capital
Charlotte
N.C
Dow
United Fire & Casualty Co
Cedar Rapids
John Rife
United Fire
Graco Children’s
Grace
Gracebaby.com
Gazette
Jobless rate dips to 6.2 as 470000 quit seeking work
The July unemployment rate falls to 6.2 percent while 470000 people drop out of the labor force citing discouraged prospects. Employers shed 44000 jobs, keeping total losses since January at 486000 as consumer spending modestly rises and ISM manufacturing index climbs to 51.8 signaling renewed growth.
MENTIONED IN THIS ARTICLE
Washington
Ken Mayland
ClearView Economics
Siemens wins $4.9 million MBTA bus PA system contract
Cedar Rapids based Siemens Integrat ed Local Government System will install its Loud and Clear transit messaging system on 578 Massachusetts Bay Transportation Authority buses. The project includes audible announcements, overhead messages, a wireless LAN, and a real time vehicle monitoring system, with completion projected in 18 months to two years.
MENTIONED IN THIS ARTICLE
Javid Wallace
the Gazette
Dan Sandersfeld
Siemens Transportation Systems Inc
Fab Onah
Keoma Ezepue
Paul Oranu
Cedar Rapids
Onah
Ezepue
Oranu
Iowa
Dave DeWitt
Gazette
Siemens Integrated Local Government System
Boston, Mass
Cedar Rapids Company
Massachusetts Bay Transit Authority
Siemens
Dan’ Sandersfeld
Sandersfeld
Rockwell
Midwest business optimism eases in July survey shows
The Mid-America Business Conditions Survey eased to 56 in July from 57.3 in June. Led by nine states, the index signals modest growth with employment above neutral 50, while economists forecast stronger annual job growth in H2 2003 due to rate cuts and tax plans.
MENTIONED IN THIS ARTICLE
Omaha, Neb
Mid-America
Creighton University
Ernie
Goss
Arkansas
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota
Oklahoma
South Dakota
Burger King Coke resolve Frozen Coke dispute
Coca Cola Co and Burger King have resolved their conflict over Frozen Coke and will continue selling ICEE drinks at BK locations. The accord follows talks between Coke president Steve Heyer and BK chief Brad Blum after BK paused Frozen Coke and related machines amid fraud suit claims.
MENTIONED IN THIS ARTICLE
Atlanta
Coca- Cola Co
Burger King
Coke
Dan Schafer
Schafer
Rob Doughty
Steve Heyer
Brad Blum
Doughty
Burger Kings
Virginia
Securities and Exchange Commission
FinCrime anti fraud database rolls out to banks
The FinCrime information sharing system links criminals to their acts across 10 states including Iowa and Minnesota. Minnesota Bankers Association launched the secure tool to help banks and police post suspects and activities, aiding prosecutions and prevention before thefts strike. Debra Hurston notes first adopters in 10 states.
MENTIONED IN THIS ARTICLE
Minneapolis
Iowa
Minnesota
Minnesota Bankers Association
Federal Trade Commission
Association of Certified Fraud Examiners
FinCrime
Alliance
Joe Witt
Debra Hurston
MBA
Indiana
Kansas
Missouri
Nebraska
North Dakota
South Dakota
Ohio
Wisconsin
Also Mentioned on This Page
Nasdaq
United Fire & Casualty
Southwest
C.R
16Th Avenue
16Th Ave
Graco
Labor Department
Main Street
Commerce Department
Institute For Supply Management
Federal Re
Serve
Department of Labor
Evue
Iowa City
AP Stockquote
AMEX
C.R. Company
Boston Buses
David.dewitte
Gazettecommunications.com
Midwest
APAC
McLeod USA
Aegon NV
Alcoa Inc
Mestek
Moore Wallace Inc
Alliant Energy
Nash Finch
Arch Dan Mid
Pearson PLC
Bandag Inc
Penford Corp
Caseys Gen Store
Columbus McKinnon
PepsiCo
Procter Gamble
Deere Co
Qwest Commun
Dillards Inc
RF Micro Devices
Fastenal Co
Ralcorp Holding
Rockwell Collins
Marsh & McLennan
WalMart Sirs
Maytag
Wells Fargo & Co
Weyerhauser
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