Dow climbs as Clinton questions loom over Lewinsky inquiry
The Dow rose 149.85 to 8574.85 while Clinton answered Lewinsky questions, reversing an early loss. NYSE volume was 707.43 million. Nasdaq losers outpaced gainers 5 to 4. Local Iowa stocks showed mixed moves with Eastman Kodak up and Penford down.
MENTIONED IN THIS ARTICLE
Dow
Clinton
Monica Lewinsky
New York Stock Exchange
NYSE
Iowa
Eastman Kodak
MCI
United Technologies
AEGON
Procter & Gamble
General Electric
General Mills
Gillette
Penford
City Carton expands Cedar Rapids recycling facility
City Carton Co. Inc. opened a $3 million, 43 000 square foot expansion at 901 Ingleside Dr SW Cedar Rapids. The facility triples operations, adds a sorting line and 10 000 square feet of storage, supporting about 35 workers with plans to grow as recycling needs rise.
MENTIONED IN THIS ARTICLE
City Carton Co. Inc
Ingleside Dr
Cedar Rapids
Sixth Street
Ingleside Drive
City Carton
Commercial Federal to Acquire Midland First Financial
Commercial Federal Corp owner of Commercial Federal Bank Cedar Rapids signs a definitive agreement to buy Midland First Financial Corp parent of Midland Bank in Lee's Summit Missouri. Midland Bank with eight Kansas City area offices will merge into Commercial Federal Bank after the deal. Commercial Federal to pay 83 million dollars in cash for all Midland First Financial common stock.
MENTIONED IN THIS ARTICLE
Commercial Federal Corp
Commercial Federal Bank
Cedar Rapids
Midland First Financial Corp
Midland Bank
Lee's Summit, Mo
Kansas City
Commercial Federal
Midland First Financial
NationsBank BankAmerica merger wins final Fed approval
The Federal Reserve approved the NationsBank Corp and BankAmerica Corp merger creating the largest U S bank and third largest worldwide. The combined entity will be based in Charlotte and operate 4800 branches in 27 states and 38 overseas with over 14000 ATMs and assets of 580 billion.
MENTIONED IN THIS ARTICLE
NationsBank Corp
BankAmerica Corp
Federal Reserve
United States
Charlotte
N.C
Deere Plans Weeklong Shutdown At Waterloo Plant Complex
Deere & Co will idle about 5 000 workers for Sept 28 to Oct 2, citing drought driven market softness and weak commodity prices. Most Waterloo operations including tractor facility, foundry and engine plant will close while two sites stay open for 280 UAW affiliated staff. Salaried workers are urged to take vacation. unemployment benefits plus a $200 contract supplement will be paid, reducing weekly earnings by roughly 400 to 500 dollars.
MENTIONED IN THIS ARTICLE
Waterloo
Deere & Co
Deere Industrial Relations
Steve Watson
Deere
Kinard
Watson
Deere-Uaw
Watkins man earns second champion dog at Iowa State Fair
Watkins resident Adam Brecht, 19, captured champion honors with his Hamp shire Yorkshire crossbred hound atop about 150 gilts in the FFA Commercial Gift Show at the Iowa State Fair in Des Moines. Brecht previously won the title in 1994 and was Reserve Champion in 1996 and 1997.
MENTIONED IN THIS ARTICLE
Adam Brecht
Watkins
FFA
le Moines
Brecht
Hampshire Yorkshire
Jodi Gibbs
Delhi
Duane
Vickie Gibbs
Abby Gambrel
Cedar Rapids
Moda Americana to Close Citing Coral Ridge Mall Competition
Iowa City boutique Moda Americana owned by Bonnie Simon at 125 S Dubuque St plans a going out of business sale citing loss of staff to Coral Ridge Mall and slower sales this decade. Downtown merchants question the blame while awaiting holiday impact and possible space expansion talks grow.
MENTIONED IN THIS ARTICLE
Gazelle Jonson County
Iowa City
Coral Ridge
Bonnie Simon
Moda Americana
S. Dubuque St
Simon
Iowa City Downtown Association
Coral Ridge Mall
Cathy Weingeist
Jim Harris
Prairie Lights Books
Gingrich to Meet Iowa Farmers at State Fair Event
U.S. House Speaker Newt Gingrich will visit the Iowa State Fair in Des Moines on Friday from 3:30 to 5:30 p.m. hosted by Ed Wiederstein to hear farmers and present petitions backing The Square Deal for Agriculture. The plan seeks fast track talks, IMF funding, China trade normalcy, and exempting agriculture from unilateral sanctions. Wiederstein argues Freedom to Farm boosts farm gains and warns against inaction amid low prices and weather woes.
MENTIONED IN THIS ARTICLE
U.S. House
Newt Gingrich
Iowa Farm Bureau
Ed Wiederstein
Gingrich
Pioneer Pavilion
Fairgrounds
Des Moines
Wiederstein
House Agriculture Committee
Bob Smith
Charlie Stenholm
International Monetary Fund
China
Ameri
Rainy spell boosts Iowa crops with strong growth
Recent rainfall helps corn and soybean development across Iowa. Linn County agronomist Rick Evans says subsoil needed moisture and Cedar Rapids area crops are among Midwest’s best. Statewide, 72 percent of corn and 78 percent of soybeans are good to excellent. corn in milk stage 91 percent, 50 percent in dough stage, soybeans 95 percent in pods. White mold and leaf beetles appear. nitrogen deficiency causes yellowing. hay quality is good but supply tight due to wet weather hampering harvest and baling.
MENTIONED IN THIS ARTICLE
Iowa Crops & Weather Report
Iowa
Chrysler Fined $800,000 for Failing to Recall Cars
U S District Judge Emmet Sullivan fined Chrysler Corp 800000 for failing to recall 91000 Cirrus and Stratus cars after the government warned that rear seat belt systems were unsafe. The penalty, the largest for an automaker, covered both failure to notify owners and to obey the recall order.
MENTIONED IN THIS ARTICLE
Chrysler
Washington
Chrysler Corp
U.S
Emmet Sullivan
Sullivan
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C.R
CWA
Communications Workers of America
US West Inc
US West
Reese
Asia
Dennis Kinard
United Auto Workers
Watkins Man
Grand Concourse
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GASHA
West Arena
Dorset Sheep
Southdown
Zette
Marlene Lucis
Steve White
Monroe
R.W. West
Baxter
Hartford
Marlene Lucas
Gazette Rural Affairs Writer
By Jim Jacobson
Meda Americana
Dick McKeen
Plaza Center One
India
Pakistan
American Stock Exchange
Ojia Diamnds
DOW Jones
Amex
Che
Ind
Indus
Bictecna
Computer
Standard & Poor's Inand
Industrite
Es Ae Insurance
Transpt
Utilines
Wilshire
Wilshire Associates Fae
Associated
Jobs Hotline
Cambridge
Cambridge Tempositions
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