Wall Street extends gains on takeover talk ahead of Fed decision
Wall Street rose as investors digested takeover news and awaited the Federal Reserve rate decision. Dow Jones Industrial Average gained 20.99 points to 12,328.48, the Nasdaq climbed 5.50 to 2,442.86, while advancers outnumbered decliners about 3 to 2 on the NYSE. American International Group led the Dow with a major move to buy Du bai Ports World’s U S port operations.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
American International Group Inc
U.S
Dubai
Dow
New York Stock Exchange
Siemens to open wind turbine blade plant in Fort Madison
More than 2,600 people applied for about 200 jobs at Siemens Power Generation as it reopens a 224,000 square foot Fort Madison building to manufacture 150 foot blades for 2.3 megawatt wind turbines. Wages start at 9.50 and rise to 19 for maintenance electrician with most starting between 14 and 15.
MENTIONED IN THIS ARTICLE
Iowa
Fort Madison High School
Keokuk Middle School
Siemens Power Generation
Fort Madison
Interest rates mix at Treasury short term bills auction
The Treasury sold 18 billion in three month bills at 4.800 percent and 16 billion in six month bills at 4.865 percent. Three month bills price 9,878.67 for 10,000 and six month bills 9,754.05.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Iowa insurers lead in job growth says study
A 48 page study finds Iowa insurers increasing employment by 8.8 percent from 25 870 to 28 160 between 1995 and 2005, excluding agencies and related roles. Connecticut rose 2.4 percent from 51 820 to 53 050, remaining more dependent on insurance overall.
MENTIONED IN THIS ARTICLE
Iowa
Connecticut
U.S. Bureau of Labor Statistics
Connecticut Economic Resource Center Inc. Gazette
Gas Price Survey for Corridor Yesterday Afternoon
A random survey shows gas prices in the Corridor as of yesterday afternoon with figures rounded to the nearest cent. Prices vary by station and brand across the area.
Pearson Sells Government Solutions Unit in 600 Million Deal
Veritas Capital Partners will pay 600 million for Pearson Government Solutions, which employs about 750 in the Corridor and 5,500 worldwide. Pearson keeps a 10 percent stake and will retain Educational Measurement. Mac Curtis calls the move a growth opportunity while Veritas backs geographic expansion and outsourcing plans. The deal awaits regulatory approval with a 2007 close target.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Pearson Government Solutions
Cedar Rapids
Coralville
Pearson PLC
Great Britain
Veritas Capital Partners
Government Solutions
Pearson
Partment
Health and Human Services
Centers For Medicare
Veritas Capital
National Computer Systems Inc
Mac Curtis
Curtis
Robert McKeon
Mount Mercy Student Earns Spot at Elite Singapore Camp
Nathan Klein a 22 year old Mount Mercy College senior majors in marketing and administrative management. He will join RealAcad Venture Management Program in Singapore as the sole American participant. Klein credits SIFE leadership and community work with Junior Achievement The Arc and United Way.
MENTIONED IN THIS ARTICLE
Mount Mercy College
Nathan Klein
Singapore
Klein
Dan Seda
Shueyville
Tom and
Barb Klein
Cedar Rapids
Mount Mercy
Gazette
Edar Rapids
Donald Trump
SIFE
Junior Achievement
The
Arc
United Way
Nate
Robert Nicholson
Europe
Iowa student plans Singapore trip for leadership growth
Klein prepared for a 24 hour journey to Singapore to gain global exposure. He described his aim to stay involved in the community and pursue paths from professor to college president or corporate CEO. He hopes to return to Iowa for opportunities.
MENTIONED IN THIS ARTICLE
Klein
Singapore
Iowa
Corridor hiring slows in Manpower outlook for Cedar Rapids area
The survey shows only 20 percent of Cedar Rapids employers plan to add workers in the January to March period, with 17 percent planning reductions. Iowa City sees 14 percent hiring and 10 percent reductions, while Quad Cities and Mason City report the strongest prospects with no expected layoffs and 13 percent planning hires.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa City
Iowa
Iowa Quad Cities
Mason City
Rate boost could dent capital glut
A global money glut supports rising stock prices and low bond yields, propelled by central bank money and easy credit. ECB raises rates to 3.5 percent, BOJ tightens, and Fed may pause yet signal further hikes to curb inflation risks. Market traders expect Fed policy to stay restrictive despite lower short-term yields.
MENTIONED IN THIS ARTICLE
T.he
U.S. Federal Reserve
Wall Street
Moscow
Jakarta
European Central Bank
Bank of Japan
Fed
Ben Bernanke
John Makin
American Enterprise Institute
Washington
Bernanke & Co
Treasury
Also Mentioned on This Page
1St Ave
15Th St
C.R. BP
Williams Blvd
C.R
Tiee & Market
J.C
Ryd
Pearson Educational Measurement
United States
U.S. Department of Education
U.S. de
George. Ford
Ations
Free Enterprise
Sife.org
Tiene Lucas
Ratte
John Gavin Jr
David.dewitte
Gazettecommunications.com
Tom Petruno
Angeles Times
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