Wall Street Gains As Core Inflation Drops In July
The Dow Jones climbs 132.39 to 11,230.26 and the Nasdaq adds 45.97 to 2,115.01 as core inflation hits a nine month low. Advancers outnumbered decliners 5 to 1 on the NYSE amid renewed confidence in the Fed. In Anamosa, Bennett Machine & Fabricating workers vote to accept a three year contract ending a strike, with wage and benefits improvements, details undisclosed.
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Wall Street
Federal Reserve
Labor Department
Dow
New York Stock Exchange
Bennett Machine & Fabricating
Anamosa
Scott Gienapp
Teamsters Local 238
Gienapp
New Hy Vee Drug Store to Open in Cedar Rapids
Hy Vee Drug Store at 1520 Sixth St SW Cedar Rapids opens Monday replacing the Wilson Avenue location. The 18000 square foot store replaces the old site as part of a larger Hy Vee Food Store project with a five million dollar investment. The new facility includes a larger pharmacy with drive up window and a patient counseling room.
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Sixth St
Cedar Rapids
Wilson Ave
Wilson Avenue
Des Moines
Home Depot profits rise as earnings outlook trimmed
Home Depot reports Q2 profit up 5.3 percent to 1.86 billion dollars or 90 cents a share on 26.03 billion in revenue. The Atlanta retailer will resume reporting same store sales and plans a 350 million dollar investment to improve operations. Full-year earnings growth expected at the low end of prior guidance. Shares rise over 3 percent.
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The
Home Depot Inc
Wall Street
Gazette and Wire Reports
Dell to replace 4.1 million Sony notebook batteries
Dell Inc. will replace 4.1 million Sony made laptop batteries used in Latitude Inspiron XPS and precision models after rare short circuits could cause overheating and fire. Dell launched a battery replacement program with a first come first served policy and updated online guidance for affected customers.
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Dallas
Consumer Products Safety Commission
Dell Inc
Sony Corp
Dell
Sony
Ira Williams
Round Rock
Texas
Dellbatteryprogram
Williams
Rick Clancy
United States
Clancy
Fire sparks laptop recall tied to Sony Dell batteries
Candy Brown of Solon saw an Apple notebook overheated and melt carpet after flames spread when moved outside. Apple and Sony-linked battery concerns spark a recall, with Dell paying most costs. UBS analyst estimates a $400 million hit, HP unaffected.
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Candy Brown
Solon
Apple
Lynn Fox
Dell
Clancy
Sony
Benjamin Reitzel
UBS
Hewlett-Packard Co
Mercy buys Ohsman building. plans parking lot on Cedar Rapids site
Mercy Medical Center purchased the Ohsman & Sons Co. building at 400 Eighth St. SE for 1.5 million dollars, intends to demolish the 50,000 square foot brick structure this fall, and convert the site into an employee parking lot. Ohsman & Sons will move to the Kubias Building, and two of six employees will be laid off as the firm shifts toward cattle hides.
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Duane Creek
the Gazette
Colonial Baking Co
Eighth St. SE
Cedar Rapids
Mercy Medical Center
Hospital
Ohlman & Sons
Our
Ohsman & Sons Co
Ohsman & Sons
Eighth St
Kubias
Third Ave. SE
Mark Pooley
Ohlman
Pooley
Fur, Hide and Wool Company
Colonial
Mercy
Karen Vander Sanden
Colonial Baking
Eighth Street
Gazette
Mark Hunter
Penny Saver
Fourth Ave
Fourth Avenue
Seventh Street
van der Sanden
Internist Associates
7Th St
Cedar Rapids Home Market Defies Trend With Price Gains
National Association of Realtors notes Iowa existing home sales up 3.8 percent in spring while national sales fall. Cedar Rapids median home price stands at 131,600 dollars, 40 percent below the national average, with 5 percent yearly growth and improving job and migration in the region.
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Lowa
Arizona
Florida
California
Iowa
Indiana
Missouri
Midwest
National Association of Realtors
Cedar Rapids
National Association of Home Builders
Reading your insurance policy after Katrina helps avoid grief
Homeowners policies are hard to read and change yearly. Flood exclusions often leave flood damage uninsured, with NFIP caps at 250000. Mold, replacement cost, pet liability, and replacement caps vary by insurer, requiring careful review and agent discussion.
MENTIONED IN THIS ARTICLE
Gulf Coast
Firemen's Fund
State Farm
Firemen’s
Allstate
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LABOR
Bennett Machine
C.R. Hy-Vee Drug
Home Depot
1St Ave
15Th St
C.R. BP
Williams Blvd
C.R. HandiMart
Dubuque & Market
J.C
Coralville
Hunter
Cindy
Unial Baking
Colonial Bakery
C.R., Lowa Buck
U.S
the Gazette Asociated Press
Www
Realtor.org
Marshall Loeb
MarketWatch
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