Wall Street gains on consumer confidence data
The Conference Board index rose to 102.3 in December from 92.6 in November signaling stronger demand. The Dow rose 78.41 to 10,854.54 and the Nasdaq gained 22.97 to 2,177.19 as advancers outpaced decliners. Wet Seal plans about 150 store closures and 2,000 layoffs by February. Blockbuster launches a hostile bid for Hollywood Entertainment offering 11.50 per share and about 700 million cash plus 300 million debt. Movie Gallery also made an offer.
MENTIONED IN THIS ARTICLE
Wall Street
Conference Board
New York Stock Exchange
the Wet Seal Inc
Oe Ridge Mall
Coralville
Blockbuster Inc
Hollywood Entertainment Corp
Blockbuster
Hollywood
Movie Gallery Inc
Hollywood Entertainment
Cedar Rapids
Iowa City
Waterloo
Ford recalls 262,113 Escape SUVs over rear gate defect
Ford Motor Co recalls 262,113 Escape sport utility vehicles for rear lift gate defect that could open in a crash, covering 2001 to 2005 models. Mazda recalls 49,800 Tribute SUVs for the same issue. Ford had earlier recalled 470,245 SUVs from 2002 to 2004 over accelerator concerns.
MENTIONED IN THIS ARTICLE
Ford Motor Co
National Highway Traffic Safety Administration
Mazda Motor Corp
Detroit Free Press
Ford
Gazette
News Service
StarLink settlement aids Iowa farmers before holidays
More than 21,000 Iowa farmers received cash via a 110 million StarLink settlement, covering about 6.3 million acres of corn in 2000. Debits cards mailed in November sent farmers to Tractor Supply in Marshalltown for purchases, with a 10 percent discount.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
StarLink
U.S
Neil Hart
Iowa State University
StarLink Logistics Inc
Garst Seed Co
Adam Levitt
Chicago
Levitt
Tractor Supply Co
Tractor Supply
Marshalltown
Lana Jackson
Jackson
Iowa swine herd grows 1 percent in December
Iowa pork producers expanded the breeding herd by 1 percent and market hogs by 1 percent in December from a year earlier. The national swine inventory held steady for market hogs and total population while breeding animals fell 1 percent. Iowa remains the top pork producer with 1.07 million breeding animals and a 16.1 million total swine count.
MENTIONED IN THIS ARTICLE
Gacells
Iowa
USDA
Bob Brown
Edmond
Okla
United States
Brown
Chris Hurt
North Carolina
Mineta orders probe into flights cancellations
U S Transportation Secretary Norman Mineta ordered an inspector general investigation of US Airways and Comair after hundreds of holiday flight cancellations. The probe follows computer and staffing problems that stranded thousands and forced Comair to ground 1,100 flights, with baggage backlog and staff shortages at Philadelphia airport adding to the disruption.
MENTIONED IN THIS ARTICLE
Philadelphia
U.S. Transportation
Norman Mineta
US Airways
Delta
Comair
Mineta
US Airways Group Inc
Cincinnati
Northern Kentucky International
Randy Rademacher
DOT
Reinhart Foodservice Sold to Chicago Firm Reyes Holdings
Reyes Holdings LLC of Chicago agreed to acquire Reinhart Foodservice Inc., the La Crosse based distributor with 12 distribution centers including a Cedar Rapids site. Terms were not disclosed and Reinhart will operate as a separate unit with HQ in La Crosse.
MENTIONED IN THIS ARTICLE
George C. Ford
Reinhart
Iowa
Midwest Foods Distribution
Reyes Holdings
la Crosse
Mark
Drazkowski
United States
Martin Brower Co
MBX Logistics
U.S
Canada
Chris and
Jude Reyes
Joseph
South Carolina
Farmers Savings Bank to open Amana branch in 2005
The Walford based Farmers Savings Bank plans its first Amana branch at 4304 220th Trail Middle Amana slated for spring 2005 after regulatory approval. The 1100 square foot location will include an ATM drive up service and remodeling to accommodate growth and new customers.
MENTIONED IN THIS ARTICLE
The
Gazette Farmers Savings Bank of
Walford
Amana
220Th Trail
Middle Amana
Terry Strain
Farmers Savings Bank
Strain
Erusha
Terry
Walford Bank
Highway 151
Terry Bancorporation
Also Mentioned on This Page
Nasdaq
Wet Seal
Lake Forest
Calif
Coral Valley
Greg Undeen
the Gazette
Coral Valley Market
25Th Avenue
Panchero’s
Fresh Mexican Grill
Beauty First
U.S. Cellular
UPS
HuHot Mongolian Grill
Gerry Ambrose
By Marlene Lucas
Purdue University
Lafayette
Ind
Hart
Marlene.lucas
Gazettecommunic
Lowa
Atio
Ns.com
AIR Travel
Reinhart Foodservice
George. Ford
Gazettecommunications.com
Walford Bank Planning
By Dave DeWitte
David.dewitte
Welter
Blairs Ferry
Monticello
Dubuque
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