Tobacco stocks slip as Dow drops in lifeless session
The Dow fell 31.44 to 5689.82 with blue chips wavering near record highs. Philip Morris dragged the market as tobacco stocks declined. decliners led advancers 7 to 6 on the NYSE with volume at 348.74 million shares. Deere gained 1 percent to 40 while United Technologies and General Electric fell.
MENTIONED IN THIS ARTICLE
Dow Jones
Philip Morris
New York Stock Exchange
Iowa
Deere & Co
United Technologies
General Electric
PepsiCos
Ms Finance
Utilities
Inco Ltd
Com- American Stock Exchange
HarkenEngy
Intel
Amex
Biotech
Poor’s Finance
Transpt
Telecom
Transport
Finance
Nasaaq
Wilshire Associates Equity
Associated
TWA names financial officer to lead finances
TWA named Edward Soule as chief financial officer replacing Robert Peiser who quit in June. Soule, 43, formerly led finance at Edward Jones, vows to strengthen the balance sheet cut costs and push technological investments. Peiser and VP Mark Coleman resigned in a dispute with CEO Jeffrey Erickson. Coleman’s replacement is not yet named.
MENTIONED IN THIS ARTICLE
Trans World Airlines
Robert Peiser
Edward Soule
Edward Jones
St. Louis
Soule
Peiser
Mark Coleman
TWA
Jeffrey Erickson
Coleman
H R Block Posts First Quarter Loss On CompuServe Stake
H R Block Inc reports a 52.2 million dollar loss for its fiscal first quarter ending July 31, Including its CompuServe stake. Revenue rises to 20.6 million from 16.8 million as CompuServe spin off plans proceed.
MENTIONED IN THIS ARTICLE
H&r Block Inc
CompuServe Inc
Block
CompuServe
Makers recall school buses over fuel system leakage
The National Highway Traffic Safety Administration announced a recall of 11 500 buses from Blue Bird Body Co. and Harsco Corp. after crash tests showed fuel leakage beyond allowed limits. Modifications will be provided at no cost and owners notified.
MENTIONED IN THIS ARTICLE
National Highway Traffic Safety Administration
Blue Bird
Wayne “Lifestar
Blue Bird Body Co
Harsco Corp
NHTSA
IES Industries Sees Job Loss Risk in Mergers
IES Industries argues that a MidAmerican merger would cause far more Iowa job losses than a planned three way merger with Interstate Power and WPL Holdings to form Interstate Energy Corp. IES cites Cedar Rapids layoffs and forecasts 600 jobs cut across four states over three years, contrasting with natural attrition.
MENTIONED IN THIS ARTICLE
George C. Ford
IES Industries Inc
MidAmerican Energy Co
Des Moines
Iowa
IES
Interstate Power
Dubuque
WPL Holdings
Madison
Wis
Interstate Energy Corp
MidAmerican
Cedar Rapids
Gazette
Lee Liu
Liu
Touring crop scouts foresee poor yields this season
Pro Farmer Midwest Crop Tour in Ohio Indiana Illinois Minnesota and Iowa reports many fields lack sufficient soybean pods and silking data shows at least 25 percent of corn may not mature with frost. Scouts expect substantial yield losses with late planting and cooler conditions delaying maturity and harvest.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Midwest
Ohio
Indiana
Illinois
Minnesota
Iowa
U.S. Department of Agriculture
Ralph Gann
Ohio State
Mark Miller
Wisconsin
Cedar Rapids McLeod project eyed for CEBA loan
The Iowa Department of Economic Development Board will consider a $500,000 forgivable CEBA loan for Cedar Rapids based McLeod Inc to anchor a 260 acre technology park. McLeod expects 600 new jobs, 350 retained, and at least $9.7 million in park investment. 500 jobs must be created within two years to forgive the loan.
MENTIONED IN THIS ARTICLE
Telecom* USA Publishing Co
Telecom* USA Publishing
Cedar Rapids
McLeod
Ryan Cos
C Street
Highway 30
Kirkwood Community College
ITC rules against Japanese German presses in anti-dumping case
The ITC ruled 5 0 that Mitsubishi Heavy Industries Tokyo Kikai Seisakusho and two German firms sold large printing presses below market to U S publishers. Tariffs could reach 63 pct on presses competing with Rockwell Graphic Systems Cedar Rapids plant as the Commerce Department moves to impose duties. The Washington Post reported the Mitsubishi unit is liable as importer of record for a $250 million Post modernization order.
MENTIONED IN THIS ARTICLE
Rockwell
Graphic Systems Division
International Trade Commission
U.S
Rockwell Graphic Systems
Cedar Rapids
Westmont
Ill
United States
ITC
Commerce Department
Mitsubishi Heavy Industries Ltd
Tokyo Kikai Seisakusho Ltd
Washington Post Co
Mitsubishi
Post
Growth of managed care cuts solo doctor numbers in U S
The shift from solo practice to employee physicians accelerated between 1992 and 1993 as managed care expands. The AMA study shows solo practitioners dropped from 40.5 percent in 1983 to 29.3 percent in 1994 while group practice and employee physicians rose to 28.4 percent and 42.3 percent respectively.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Journal of the American Medical Association
Phillip R. Kletke
Also Mentioned on This Page
H&r Block
X Services, Inc
Deborah
Ings
Nebraska
Cooper
Cordova
Quad Cities
Duane Arnold Energy Center
Palo
Cooper Generating Facility
Kim Brent
Gazette Intern
Vandersee
Red Lobster
Collins Rd
Trading Commission
International Trade Administration
U.S. Customs Service
David F. Rodemeyer
The
Associated Press
Washington Post
D Ave. SE
Downtow
Rm Aa Ae
AMA
USS. Physicians
1St Ave
42Nd Street N.E
Southwest Branch
14Th Avenue SW
1St Avenue SF
Particip
Credit Dit
Ithe
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