Stocks Rise as Blue Chips Lead on Positive Data
U.S. markets gained with the Dow up 119.04 to 11 027.80 and Nasdaq up 29.48 as investors priced in improving economic signals. Dell fell 10 percent after reporting 2Q results, while twelve Iowa stocks showed mixed moves and beef exports from Argentina were temporarily suspended over foot and mouth concerns.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
Maytag
AEGON
Procter & Gamble
Quaker Oats
Fiserv
Wal-Mart
McLeodusa
United States
Argentina
Antonio Berhongaray
Washington
Ay Department of Agriculture
Zale to buy Piercing Pagoda for about 198 million dollars
Zale Corp. agrees to acquire Piercing Pagoda Inc. for 21.50 a share, a 34 percent premium. Piercing Pagoda operates about 940 mall kiosks in 44 states and Puerto Rico with 280 million in annual sales, expanding Zale’s store network to about 1,360 under multiple brands.
MENTIONED IN THIS ARTICLE
Zale Corp
U.S
Piercing Pagoda Inc
Zale
Piercing Pagoda
Bethlehem
Puerto Rico
Zale Jewelers
Bailey Banks & Biddle Fine Jewelers
Gordon's Jewelers
Record corn and soybean crops eyed in 2000 forecasts
USDA projections flag a 2000 corn harvest of about 10.4 billion bushels with yields near 141.9 bushels per acre and Iowa producing 1.86 billion bushels. Soybeans may reach 2.99 billion bushels with average yields around 40.7 bushels per acre, while prices are trimmed from prior estimates.
MENTIONED IN THIS ARTICLE
USDA
Iowa
Iowa State Fair costs and carnival deals listed
A Des Moines preview outlines gate fees for adults seven dollars and children four, free for ages five and under, plus ride coupons and attractions. It notes lunch, drinks, souvenirs, and grandstand events with prices such as five to eighteen dollars, a sky lift for two dollars, and a pork chop dinner for six fifty.
MENTIONED IN THIS ARTICLE
Des Moines
Jay Bridgewater
Vinton
Bridgewater
Ryan Lockwood
Oakland
Iowa Pork Tent
Benton County considers beef plant study near Ottumwa option
Van Horne farmer Timothy Sage urged Benton County officials to study a possible Excel Corp beef processing plant in the county. Excel ya not committed to a site and works with the Iowa Cattlemen’s Association to address market losses after Monfort’s Des Moines closing. Board members sought community support letters and school impact analysis before any position.
MENTIONED IN THIS ARTICLE
van Horne Farmer Wants Beef
Benton County
Wsww
Ponagen
Vinton
van Horne
Timothy Sage
Excel Corp
Excel
Iowa Cattlemen’s Association
Monfort
Des Moines
Iowa
Sage
Ottumwa
Dell Hanson
Benton County Supervisors
Ed Brecht
July inflation flat as consumer buying ticks up
The Labor Department reports July Producer Price Index held steady amid fading energy costs and easing wholesale inflation. The Commerce Department notes retail sales rose 0.7 percent in July led by autos and big-ticket purchases, pushing yearly gains to 8.1 percent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Joel Naroff
Naroff Economic Advisors
Labor
Commerce Department
Verizon workers strike drags as talks resume on union access
Verizon Communications and unions resumed bargaining over contracts for 87,200 striking employees as managers scramble to handle 80,000 daily repair orders and 25 million customers feel the disruption. Sources say an expedited election process was tentatively agreed, not full secret-ballot voting.
MENTIONED IN THIS ARTICLE
Washington
Verizon Communications
Verizon
Also Mentioned on This Page
Dell
Dell Computer Corp
Wall Street
First Call
Thomson Financial
Djia
Polaris
Minnesota
Polaris Industries Inc
Minneapolis
Consumer Product Safety Commission
BizFacts
Ady
By Marlene Lucas
Dick Loewy
AgResource Inc
Chicago Board of Trade
Joe Victor
Allendale Inc
Board of Trade
Farm Service Agency
Iowa State Fair
By Steve Meyer
Systems
Benton County Cattlemen's Association
Hanson
Avalon C.R
Networks, Inc
I.C
Avalon.net
E. College St
Iowa City
Gilbert St
United Security Ngs Bank, F.S.B
Edgewood Road
Cedar Rapids
Marion Boulevard
Marion
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