Wall Street rises on deal boosts and health care optimism
Stocks climb as investors respond to deal activity and upgrades for Alcoa and Intel. The Dow gains 85.25 to 10 414.14, the S&P 500 rises 11.58 to 1 114.05, and the Nasdaq adds 25.97 to 2 237.66. Hawkeye Energy files for bankruptcy on ethanol plants in Iowa with operations to continue under lenders. Ford offers buyouts and early retirement to 41 000 U S hourly workers. Spyker Cars extends talks with GM over Saab sale after failed negotiations.
MENTIONED IN THIS ARTICLE
Alcoa Inc
Intel Corp
Barack Obama
Standard & Poor
Hawkeye Energy
Iowa Falls
Fairbank
U.S
Wilmington
Del
Credit Suisse
Hawkeye
Bruce Rastetter
Menlo
Shell Rock
Detroit
Ford Motor Co
Mark Truby
Ford
United Auto Workers Union
Unemployment rises in Cedar Rapids and Iowa City MSAs
November jobless rates climb in the Cedar Rapids MSA to 6.3 percent from 5.9, and the Iowa City MSA to 4.3 percent from 4.0. State rate up to 6.7 percent. Cedar Rapids leads Iowa MSAs in unemployment. Ottumwa tops cities, and Davis County tops counties. Employment fell 800 in Cedar Rapids month over month, with sector declines in goods producing and administrative services.
MENTIONED IN THIS ARTICLE
Dave DeWitte _ vacette
Iowa City
Cedar Rapids
MSA
Ber
Iowa
Fort Madison-Keokuk
Ottumwa
Davis County
Cedar Rapids Msa
Torch Press Building bought for Cedar Rapids foundation home
The 101 year old Torch Press Building at 324 Third St SE was bought Dec 4 for 475000 by the Greater Cedar Rapids Community Foundation. Renovations will cost about 1.6 million with loans and future expansion plans, moving HVAC to the roof and relocating electricals.
MENTIONED IN THIS ARTICLE
He GaZeur
Cedar Rapids
Greater Cedar Rapids Community Foundation
Torch Press
Third St
The
Foundation
Lorna Barnes
Barnes
Linn County
Nonprofit Resource Center
Community Foundation
F&m Bank
First St. SW
Dan Baldwin
Baldwin
Point Builders LLC
Vantage Point LLC
Republican Printing Co
Cedar Rapids Art Association
Cedar Rapids Museum of Art
Hennessey
Mercy steam plant project advances in Cedar Rapids
Mercy Medical Center begins a $4 million flood recovery project to replace its temporary steam with a six boiler system. The upgrade expands the main utility plant, adds high efficiency natural gas boilers, and enables summer shutdowns for energy savings while boosting winter heat capacity.
MENTIONED IN THIS ARTICLE
Ne Gazette
Cedar Rapids Mercy Medical Center
Cedar River
Allianz Energy
Sixth Street
Alliant
Alliant Energy
U.S. Economic Development Administration
Karen Vander Sanden
Mercy
Also Mentioned on This Page
Wall Street
Lowa Ethanol Plants
Spyker
Saab
Spyker Cars
General Motors Co
Detroit Automaker
AGM
Associated Press
C.R
David
Dewitte
Gazcomm
C.R. Community Group
Torch Press Building
George C. Ford
Orgeford
Gazcomm.com
Greater C.A. , Community Foundation
Greater U.S. Community Foundation
Artin
the Gazette
Mercy Steam Plant
Vander Sanden
Ainlments
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