Market declines amid cashing in after upbeat economic news
The Dow fell 11.62 to 3312.19 as declines outpaced advances on the NYSE in a busy session. Eastern Iowa stocks mixed with 14 up, 18 down, seven unchanged, while investors cashed in gains despite a favorable economy outlook. Farmers sold billions in corn and soybeans in 1991. Treasury bills auction yields eased to 3.57 percent. Carmike Cinemas files to list on NYSE. operates 1,570 screens after recent acquisition.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
International Paper
Pennzoil
Raytheon
Equitable of
Penwest
Des Moines
Iowa Agricultural Statistics Office
Washington
Treasury
Carmike Cinemas Inc
Columbus
Carmike
New York Exchange
Michael Patrick
Cedar Rapids
United States
Clinton names strong economic team for transition
President-elect Clinton's picks include Lloyd Bentsen as Treasury secretary Leon Panetta to lead the OMB and Alice Rivlin as deputy. Robert Rubin to head the Economic Security Council with Roger Altman as deputy. Wall Street reactions were muted but positive about the fiscally prudent lineup.
MENTIONED IN THIS ARTICLE
Bart Ziegler
New York
Clinton
William Schreyer
Merrill Lynch & Co. Inc
Texas
Lloyd Bentsen
Treasury
California
Leon Panetta
Office of Management and Budget
Alice Rivlin
Congressional Budget Office
Panetta
Wall Street
Robert Rubin
Goldman, Sachs & Co
Economic Security Council
Roger Altman
Bentsen
Allen Lenz
The
Chemical Manufacturers Association
Lenz
U.S
Gordon Richards
National Association of Manufacturers
Bush
Richards
Rivlin
Gail Foster
Conference Board
Edward Yingling
American Bankers Association
Yingling
Washington
Schreyer
Merrill Lynch
Banks Post Record Profits Despite Cautious Outlook
U S banks earned a combined 8.5 billion in the July September quarter, up from 7.9 and 7.6 billion in prior quarters, FDIC reports. Industry earnings for the year approach a 24.9 billion record, driven by a wide gap between deposit and loan rates, though experts warn higher rates could hurt profits.
MENTIONED IN THIS ARTICLE
Washington
Federal Deposit Insurance Corp
Boston College Finance
Edward Kane
FDIC
Paul Getman
Regional Financial Associates
West Chester
Udderly amazing radios warn dairy cows' illnesses
Washington AP reports Agriculture Department scientist Alan Lefcourt outlines a system using implanted temperature sensors and 15 minute radio transmissions to alert farmers to illness or heat in cows. The device promises earlier mastitis treatment and improved breeding, potentially saving hundreds of millions annually.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Alan Lefcourt
Agricultural Research Center
Beltsville
Lefcourt
USDA
U.S
Strengthening Print Ads With Marketing Basics
Scott Clark advises to pick publications read by potential customers and craft ads focused on customer benefits with a clear call to action. Test multiple versions for same product, tailor to market segments, stress unique advantages, and avoid overreliance on executive imagery.
MENTIONED IN THIS ARTICLE
Scott Clark
HTC Group Syndicate
Gar
Phil
Der
STRICTLY PERSONAL ad service debuts in The Gazette
The Gazette introduces STRICTLY PERSONAL, a new cross publication personal ad service for Eastern Iowa readers. It offers free ads three times weekly for up to four weeks, plus a 24 hour voice mailbox for messages with privacy safeguards and low post retrieval costs.
MENTIONED IN THIS ARTICLE
The
Gazette
Iowa
Waterloo
Cedar Falls
Dubuque
Also Mentioned on This Page
NYSE
Tribune Media
S, Inc
Midwest
Third Ave
Marion
1St Ave
Edgewood Rd
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