Wall Street quiet gains and mixed forecasts weigh on markets
Stocks edged higher after firms reported solid earnings but warned on growth as costs rise. The Dow rose to 11,410.21, the S&P 500 to 1,193.88 while the Nasdaq declined to 2,511.48 amid broader economic uncertainty. A second item notes the Iowa attorney general sued Stonebridge Benefit Services Inc over alleged deceptive memberships.
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New York
Des Moines
Iowa
Texas
Stonebridge
Abercrombie Offers Jersey Shore Cast Payment to Skip Brand Wear
Abercrombie & Fitch offered a substantial payment to Mike Sorrentino and MTV producers to stop wearing clothing bearing the Abercrombie brand. The company said a link to The Situation would run counter to its aspirational image and could distress customers.
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New York
Mike
Sorrentino
Abercrombie & Fitch
Jersey Shore
Abercrombie
Deere earnings rise as quarterly profit tops outlook
Deere & Co. reports a 15 percent rise in third quarter net income on strong farm equipment sales. The company lifts its 2011 outlook but analysts worry that higher costs are eroding margins and the year’s guidance remains modest.
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Moline, II
Deere & Co
Wall Street
Deere
General Dynamics to buy Vangent for 960 million dollars
General Dynamics agreed to acquire Vangent Holding Corp in a 960 million all cash deal. Vangent operates Vangent Inc a health care information technology and business systems provider with operations at 2450 Oakdale Blvd Coralville. The Coralville site handles calls for education and health programs and employs over 7 500 people.
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Dave DeWitte
Coralville
Vangent Holding Corp
General Dynamics
Vangent Holding
Vangent Inc
Erations
Oakdale Blvd
Vangent
General Dynamics Information Technology
United States
Ment
Education
Department of Health and Human Services
Rob Doolittle
Sition
General aviation rally appeals to support industry in Cedar Rapids
In Cedar Rapids Iowa leaders from the corporate aircraft sector urged Obama to stop targeting jet owners and to back a growing industry that they say boosts the economy and jobs. Rockwell Collins executives and state officials highlighted aviation's 150 billion dollar national impact and 1.4 billion Iowa contribution while urging continued FAA funding.
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George C. Ford
Gazette
Edar Rapids
White House
U.S
Barack Obama
Obama
Iowa
Peosia
Pete Bunce
General Aviation Manufacturers Association
Rockwell Collins Inc
Cedar Rapids
Clay Jones
Rockwell Collins
Jones
Brian Ray
the Gazette
Chuck Grassley
Debi Durham
Iowa Department of Economic Development
Wells Fargo to test $3 debit card fee in five states
Wells Fargo plans a $3 monthly debit card fee for accounts opened in Georgia, Nevada, New Mexico, Oregon, and Washington starting in October. The test adds to existing $5 to $30 monthly service fees and follows regulatory changes capping merchant swipe fees.
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Wells Fargo
Iowa
New York
San Francisco
Chase
Wisconsin
Enue
Nilson
PNC Bank
Georgia
Nevada
New Mexico
Oregon
Washington
Lisa Westermann
Associated Press
Gfk
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Acqui
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Emedia
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Daphne Falletti
Goodrich Engine Components
West Des Moines
America
Falletti
Carroll
Congress
Federal Aviation Administration
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Leonard Boswell
Bruce Braley
Steve King
Tom Latham
Ryan J. Foley
The
George. Ford
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