Wall Street gains as mixed data and regional conflicts temper markets
The Dow rose 16.45 to 9,428.90 while the Nasdaq gained 21.62 to 1,761.11 amid mixed economic signals and fresh bombings in Iraq and Israel. Home Depot reported second quarter earnings of 56 cents a share on 1.3 billion dollars, aided by store improvements and higher floor staffing. Boeing won a up-to 126 million dollar contract to build a 767-400 jet for the E-10A test project involving Northrop Grumman and Raytheon.
MENTIONED IN THIS ARTICLE
Wall Street
Iraq
Israel
New York Stock Exchange
Home Depot
John Deere
Home Improvement Chain
Lowe’s Cos. Inc
Thomson First Call
U.S. Air Force
Boeing Co
Boeing
Integrated Defense Systems Unit
Northrop Grumman
Raytheon
Deutsche Bank Fined Over HP Compaq Merger Conflict
The SEC fined Deutsche Bank Asset Management 750000 for not disclosing a conflict of interest in Hewlett Packard 2002 proxy battle over Compaq. Deutsche Asset Management didn't reveal its affiliate Deutsche Bank Investment Banking advised HP during the contest against director Walter Hewlett. HP paid 1 million for market intelligence with another 1 million contingent on success.
MENTIONED IN THIS ARTICLE
Deutsche Bank AG
Hewlett-Packard Co
Compaq Computer Corp
Deutsche Asset Management
Walter Hewlett
Securities and Exchange Commission
Deutsche Bank
Gazette
Teamsters ponder ending government oversight this year
Federal authorities propose ending 14 years of oversight of the Teamsters by year end under a bid that would require new ethics and investigative units. President Hoffa says the move is a watershed as talks continue with U S Attorney for southern New York.
MENTIONED IN THIS ARTICLE
Washington
Teamsters
Rudolph Giuliani
U.S
New York
Caldwell
James P. Hoffa
Detroit News
U.S. Attorney’s Office
Michael Kulstad
Loretta Preska
Ron Carey
Hoffa
Jimmy Hoffa
Carey
Cedar Rapids to host city first Latin nightclub Mi Luna
The Mi Luna club at 616 Second Ave SE plans to open Sept 15 with salsa Merengue music, dance lessons, a VIP seating area, stage, and lighted dance floor. Owners Rick Rodriguez and Terry O Connell aim to spice downtown while celebrating diversity, drawing on South Beach style.
MENTIONED IN THIS ARTICLE
Taurant
Cedar Rapids
Mi Luna
Rick
South Beach
Fla
Dave DeWitte
Gazette
Second Ave
Rick Rodriguez
Robert Rodriguez
Terry O’connell
World of Colors
Center Point Road
Rodriguez
Brian Ray
the Gazette
Toby Kelley
Housing construction climbs to 17-year July high
U.S. housing starts rose 1.5 percent in July to a seasonally adjusted annual rate of 1.87 million, the highest since April 1986, signaling possible economic rebound amid rising mortgage rates. Analysts cite builders moving to market before rates rise further and a broader upturn in factory orders and retail sales.
MENTIONED IN THIS ARTICLE
Washington
The
Commerce Department
U.S
Ull
Reaser
Iowa gas price up 11 cents from July
Gas prices rose 11 cents per gallon in the past month to 1.59 across Iowa, driven by refinery shutdowns from a regional power blackout. The DNA survey shows state averages 1.54 on Aug 15 and 1.59 on Tuesday, with prices locally ranging 1.45 to 1.64 and Webster City averaging 1.62.
MENTIONED IN THIS ARTICLE
Gazette
Iowa
United States
Canada
U.S
Jennifer Moehlmann
Iowa Department of Natural Resources
Webster City
Davenport
Per Mar Security acquires Nighthawk Security in Cedar Rapids
Per Mar Security Services of Davenport has acquired the assets of Cedar Rapids based Nighthawk Security. The deal adds 60 employees and expands Per Mar’s Cedar Rapids Iowa City base to 350 with a total local customer base of 250. Per Mar folds the Nighthawk office into its Cedar Rapids site at 510 First St. SW.
MENTIONED IN THIS ARTICLE
Per Mar Security
Nighthawk Security
Dave DeWitte
Gazette
Cedar Rapids
Per Mar Security Services of
Davenport
Iowa City
Per Mar
Michael Duffy
Iowa
Illinois
Wisconsin
Minnesota
North Dakota
William Jackson
Nighthawk
First St. SW
Jackson
Also Mentioned on This Page
Nasdaq
Bret Caldwell
ciTyune
AP Stockquote
C.R
National Council of la Rosa
David.dewitte
Gazettecommunications.com
Rick Mi Luna
Freddie Mac
Lynn Reaser
Banc of America Capital Management
Javid.dewitte
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