Eastern Iowa Airport adds boarding bridge to B concourse
The Eastern Iowa Airport installs a new boarding bridge on the B concourse with a switchback ramp to level with aircraft doors. The Cedar Rapids Airport Commission also plans C concourse bridge replacements and a 46 million terminal remodel. Funding comes from state and federal grants and passenger facility charges, with no property tax or new debt.
MENTIONED IN THIS ARTICLE
Eastern
Iowa
Cedar Rapids
Stephen Mally
the Gazette
ConAgra Foods posts miss as private-label heals slowly
ConAgra Foods, owner of Ralcorp with a Cedar Rapids plant, reported quarterly sales below estimates due to weak branded foods demand. Net income dropped to 10 million or 2 cents per share, while excluding items earnings were 61 cents per share. Revenues fell 1.7 percent to 4.15 billion amid persistent private-label pressure and a 247 million goodwill impairment charge. The company expects only a modest recovery in private-label profit and revenue in fiscal 2015 as price concessions end.
MENTIONED IN THIS ARTICLE
ConAgra Foods
Ralcorp Foods
Cedar Rapids
ConAgra
Hunt
Pany
U.S
Ralcorp
Weekly jobless claims drop aids labor strength outlook
Initial claims fell by 6,000 to 289,000 for the week ended December 18, signaling ongoing labor market strength. The four week average slid to 298,750, with economists predicting a mid 2015 rate increase as payroll growth remains robust.
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Labor Department
Federal Reserve
U.S
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