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Cedar Rapids Gazette in Cedar Rapids, Iowa

12 Aug 2011

Page 12

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Cedar Rapids Gazette August 12, 2011 Page 12 old newspaper archives

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 12, 2011

Page

12

Wall Street Closes Higher After Turbulent Week

The Dow jumps 3.9 percent to 11,143.31 as markets rally amid economic news. The S&P 500 gains 51.88 points to 1,172.64 and the Nasdaq climbs 111.63 points to 2,492.68 in a rebound after a volatile period.

MENTIONED IN THIS ARTICLE

New York Wall Street Dow Industrials Dow Transportation Ear Dow Utilities NYSE S&p Wilshire Russell AFLAC HNI Corp NY Pfizer NY HrtindEx Nasd Heinz Philip Mor NY At&t Inc Piperrat Hewletp PwShs Nash AlcatelLuc Ee Se Prinfnel Prushs&p NY AlliBern Prountsp NY AlliantEgy NY Allstate NY Ishemits Ny AEP RF Micd Nash Ralcorp NY TC Hold NY Raytheon W ApiiMatt Intel Nasd RedRobin Nasd ArchDan Intermec NY BM NY RegionsFn NY BP PLC AschMatt Nasd BP Pro Wy RockciAut NY RockColl NY Ipvix Rs SLM Co BerkHa A BerkHa NY Krispkrm NY LSI Corp WY BonTon Nasd Leeént SP Inds Metlite Micront SP Tech Midwone Molscoorb «Ny Tangers Dellinc Monsanto NY MorgStan NY Nashf Nash Newscpa Nash NextErain NY US Banerp Nokialp US Cellular EMC Cp NorfikSo NY ParkNatl Amnex Pearson NY Weyerh NY Penford Nasd Fmcg S Pengrthg NY Winnbgo Xerox Wy Yahoo Nas Dow Jones Setree Dow Jones Industrials BalAm Dodge Vanguard InstPlus Dodge Ht Oakmark Eqinol Vanguard MaintAdl Vanguard Stgradeadt American Funds Eurpacgra Vanguard TotStidx Sei Vanguard Frank Temp- Templeton Am Vanguard Gnma Droresdh Doe Beehaagunds Seu Ode Vanguard Gnmaadmi Vanguard Wadsril E! Dodae & Cox Income Vanguard Institx Wasatch MicCaoVal
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AEGON Profit Dips on Weak Dollar in Second Quarter

Dutch insurer AEGON NV reported a 2 percent fall in second quarter net income to 574.8 million dollars as of June 30. Earnings per share stood at 33 cents with 1.76 billion shares outstanding. CEO Alex Wynaendts cited a weak dollar and other factors.

MENTIONED IN THIS ARTICLE

Cedar Rapids Aegon NV Transamerica AEGON Aegon’s Alex Wynnendts
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Nordstrom Reports 20 Percent Profit Rise in Q2

New York Nordstrom Inc with operations in Cedar Rapids says second quarter profits rose 20 percent as wealthy shoppers resumed spending and it raised its full year profit outlook.

MENTIONED IN THIS ARTICLE

New York Nordstrom Inc Cedar Rapids
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Mall owners expand virtual shops to boost shopper traffic

The world's largest mall owners adopt digital tools to combat online retail erosion. Simon Property Group and Hammerson roll out mobile apps and visitor tracking, while Westfield launches a virtual mall for Australia and New Zealand with price comparison and non tenant retailers.

MENTIONED IN THIS ARTICLE

Tim Barwell Simon Packard Bloomberg News Simon Property Group Indianapolis Lindale Mall Cedar Rapids Hammerson Australia Westfield Group Joshua Bamfield Newark Centre For Simon Property U.S Shopkick Inc Simon Asia James Brown Jones Lang LaSalle Inc Europe Westfield New Zealand Michelle Vanzella
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Agriculture Futures Yield Jump Signals Rate Impact

The 10 year Treasury yield rose to 2.34 percent signaling higher borrowing costs and potential effects on consumer loan rates in the near term.

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Verizon staff in Iowa not confirmed for strike work

Verizon cannot confirm how many Iowa employees have been temporarily assigned to support East Coast landline workers during the strike. Peter Thonis said most Iowa staff work in wireless and are not involved, while local union president Scott Rentschler notes some Iowa workers may be logging extra hours.

MENTIONED IN THIS ARTICLE

Dave DeWitte Vue Verizon Iowa East Peter Thonis Thonis Communications Workers of America Scott Rentschler Thoris MCI Cedar Rapids
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