Dow climbs to 7915 as year end rally continues
Stocks extended a year end rally with the Dow Jones up 123.56 to 7,915.97 as gains outpaced declines on the New York Stock Exchange. Volume reached 498.97 million shares with 32 of 42 Eastern Iowa stocks up, led by Brenton Banks and United Technologies amid broad market strength.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
Brenton Banks
United Technologies
Gillette
General Electric
General Mills
Deere & Co
Eastman Kodak
Heartland Express
Norwest
W.R. Grace
Revel
KCRG
AP Network
AP Newswatch
Kcrg Healthcast
Gazette
Num Radion Coalition Recycling Information
Dean Edel
Cambridge
SGP
Port Charles
U.S
Young & Restless
Philip Morrs
Compar
American Stock Exchange
Beverly Hills
Frieden Inc
Nascar
Chicago
Motor Sports
Amex
Oon
KID Power Pro Wrestling
Uneh
UNBA
Tran Indus
World of Words
Banks Biotech
Standard & Poor's Indust
Indust
Insurance
Mon- Hi Ea Ane Tog Press
Banks in Iowa gain multi peril crop and fire insurance option
OCC allows national banks in Iowa to offer multiple peril crop and fire insurance matching state bank rules. Iowa bankers say the move boosts competition and one stop banking for customers. Zenith picks Microware for HDTV DAVID software in Des Moines to integrate into Zenith HDTV sets.
MENTIONED IN THIS ARTICLE
Iowa
Comptroller of the Currency
John Sorenson
Iowa Bankers Insurance and Services Inc
Des Moines
Zenith Electronics Corp
Shakey's to close Cedar Rapids site for remodel to steak house
Shakey's Pizza & Buffet at 1140 Blairs Ferry Rd NE will close after today to remodel into North Country Steak House a cook your own steak venue. Owner Michael Waltz cites heavy local competition and a shrinking market share as reasons for the transition while keeping staff options open and honoring gift certificates at the Coralville location.
MENTIONED IN THIS ARTICLE
Lynn Feuerbach
Shakey’s Pizza & Buffet
Cedar Rapids
Michael Waltz
Blairs Ferry Rd
Shakey’s
Waltz
Blairs Ferry Road
North Country Steak House
Shakey
Highway 6
Coralville
Consumers upbeat on economy signals strong 1969-anchored confidence
The Conference Board reported December consumer confidence at 134.5, up from 128.1 in November, the highest since 1969. The present situation index rose to 161.7 and the expectations index climbed to 116.4 as jobs improved and inflation concerns linger.
MENTIONED IN THIS ARTICLE
New York
U.S
Conference Board
Wall Street
Lynn Franco
Consumer Research Center
Expiring Frequent Flier Miles and Coupons Tonight
Gazette and wire reports warn that many miles and coupons expire at midnight. Fort Worth based American introduced three year expiration in 1989 and most carriers follow suit with Jan 1 cleanup. Members can convert expiring miles to travel vouchers or donate to charities like Make A Wish and CARE.
MENTIONED IN THIS ARTICLE
Best Fares Discount Travel
Ing
Fort Worth
Nike to replace Just Do It with I Can slogan
Nike shifts branding on New Year’s Day with the I Can tagline while keeping Just Do It. The move follows waning sales momentum and shifts in athletic fashion, as chairman Phil Knight warns the market remains negative for sport shoes.
MENTIONED IN THIS ARTICLE
Portland
Orc
Nike
Phil Knight
Knight
Letes
Wieden & Kennedy
Kathryn Reith
Companies snap up domain names to shield brands
Boston AP reports firms buy Internet addresses to prevent hostile use. Bell Atlantic secured bellatlantic sucks com and bigyellows ucks com after Ny nex purchase, while detractors later claimed bellatlanticsucks com. Think ing Media’s Vid Jain notes the risk and other firms like Procter & Gamble register numerous domains such as underarm com badbreath com diarrhea com.
MENTIONED IN THIS ARTICLE
Bellatlanticsucks.com
Bigyellowsucks.com
John Johnson
Bell Atlantic
Vid Jain
Thinking Media Corp
New York
Procter & Gamble
Underarm.com
Badbreath.com
Dandruff.com
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UPS
United Parcel Service
United States
Puerto Rico
Teamsters
Zenith
C.R. Pizza Place
Steakhouse
Anil
Midwest
Cityune
Boston
Nynex
Bellatlantic