Wall Street ends mixed as Fed awaits guidance
Wall Street closed narrowly mixed after a listless session with the Dow at 9,814.66 and the Nasdaq at 1,774.64. Oil hovered near 45 per barrel as investors awaited the Federal Reserve meeting and the tone on the economy. Russ Koesterich, State Street, cautioned traders to scrutinize Fed remarks.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
Fed
Russ Koesterich
U.S
State Street Corp
Boston
New York Stock Exchange
Oil prices hit near 45 a barrel on supply fears
Iraqi oil officials said output was halted at southern fields for security reasons fueling a price surge. Analysts warned of potential losses above 1.5 million barrels daily by week end amid Russia disruption fears and Yukos woes. Monsanto donated 30 soybean varieties to USDA for research to preserve germ plasm.
MENTIONED IN THIS ARTICLE
Russia
Yukos
New York Mercantile Exchange
London
International Petroleum Exchange
Brent
Monsanto Co
U.S. Department of Agriculture
Monsanto
Ben Kampelman
USDA
Agriculture Research Service
Kampelman
Mixed Results in Treasury Bill Auction Rates
Short-term treasury bills showed mixed results as three month notes rose while six month notes retreated. The Treasury sold 19 billion in three month bills at 1.470 percent discount and 17 billion in six month bills at 1.665 percent.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Gazette
News Service
Fed seen raising rates today amid weak July jobs data
The Fed is expected to lift rates a quarter point as July added just 32,000 jobs, signaling a soft patch. Analysts say a pause may follow after the September meeting if the economy does not rebound before the November elections.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Alan Greenspan
Farmers harvest hay as corn and soybeans develop
Warm sunny weather aided Iowa crops last week with hay cutting continuing as corn and soybeans improve. Iowa crop report shows corn in milk 66 percent, dough 21 percent with 48 percent good and 30 percent excellent, soybeans 27 percent excellent and 51 percent good. alfalfa third cutting 20 percent complete. Topsoil moisture 91 percent adequate or surplus, subsoil 90 percent. Howard Hartsock baled alfalfa near Iowa City under upper 70s.
MENTIONED IN THIS ARTICLE
Brian Ray
the Gazette
Howard Hartsock
Highway 1
Iowa City
Iowa
Iowa Agricultural Statistics
Marlene Lucas
Gazette
Iowa Crops & Weather Report
Gringo’s Mexican Bar & Grill to Leave Downtown Iowa City
Gringo’s Mexican Bar & Grill at 115 E. College St. will close this Saturday after 25 years due to declining downtown nightlife. Developer Marc Moen will buy the site, with catering continuing from a Johnson County location. Talks seek a new Tiffin site, possibly the former Lark Supper Club, or another Iowa City area, as owner Chris Burhans considers expansion.
MENTIONED IN THIS ARTICLE
the Gazette
Iowa City
Gringo’s
Mexican Bar & Grill
E. College St
Marc Moen
Chris Burhans
Johnson County
Lark Supper Club
Tiffin
Burhans
Lark
LimoLink to Move Growth Center to Marion in 2005
LimoLink plans to relocate its growing Cedar Rapids operation to a new $3.2 million Marion office building in 2005. The company, with about 40 employees, will enter a facility at 701 Tama St. near Highway 100 Extension and adjacent to Berthel Fisher & Co. The move follows rapid expansion and a shift from a web based model to direct corporate client service, including 7,000 affiliated limousines in 570 cities and a 24 hour confirmation system.
MENTIONED IN THIS ARTICLE
The
Gazette Marion
Cedar Rapids
Marion
LimeLink
Jim Lamb
Tama St
Highway 100
Berthel Fisher & Co
Berthel Fisher
Lamb
Chris Hartman
Hartman
LimoLink
Collins contract could reach 3.6 billion with Rockwell Collins
Rockwell Collins signs a 10 year agreement to supply products and services to the Warner Robins Air Logistics Center Georgia for U S Air Force and DoD customers with potential value of 3 6 billion The plan includes logistics support to boost avionics availability and support for critical systems in the war on terrorism Col Bruce Litchfield notes the contract covers any DoD Rockwell Collins system and CAS operates 80 global repair centers.
MENTIONED IN THIS ARTICLE
Dave DeWitt
the Gazette
Rockwell Collins
Warner Robins Air Logistics Center
Georgia
Collins Aviation Services Division
U.S. Air Force
Department of Defense
Collins
Col
Bruce Litchfield
Litchfield
CAS
Also Mentioned on This Page
Nasdaq
Iraq
AP Stockquote
Cation
Sung Won Sohn
Wells Fargo
Minneapolis
Lynn Reasor
Banc of America Capital Management
St. Louis
Adios
Gringo
Bill
Nancy Burhans
Moon
David .Dewitte
Gazettecommunications.com
Limousine Booking Company
C.R
U.S. Army Aviation Applied Technology Directorate
McAp III
David. Dewitte
Gazettecommunications Com
Ament Planning Associates
Sylvia Brim
Cpa
Crp
Csa
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