Stocks Rise Ahead of Fed Rate Decision As Markets Rally
The Dow up 100.52 to 11 041.05 and Nasdaq 111.54 higher at 4051.89 led a broad gain as 23 of 38 Eastern Iowa stocks posted gains. Wal Mart jumped to 58 11/16 while Quaker Oats fell to 56 1/16 and construction spending hit a December record at 730.3 billion. Lamar Advertising completed billboard acquisitions in Linn and Iowa counties as Quaker Oats reported a modest fourth quarter profit.
MENTIONED IN THIS ARTICLE
Federal Reserve
U.S
New York Stock Exchange
Iowa
Wal-Mart
General Electric
McLeodusa
National Computer Systems
Quaker Oats
Procter & Gamble
Commerce Department
Alltel to swap service areas with Bell Atlantic GTE deal
Bell Atlantic and GTE will swap wireless networks with Alltel affecting Eastern Iowa. Alltel customers in Bremmer Dubuque Linn Jackson Johnson and Jones counties may move to Bell Atlantic. About 70 Alltel employees in the region would become Bell Atlantic employees as the merger proceeds.
MENTIONED IN THIS ARTICLE
Bell Atlantic
GTE Corp
Little Rock
Alltel
Vodafone Air- Touch PLC
Iowa
Bremmer
Dubuque
Linn
Jackson
Johnson and Jones Counties
Anamosa
Cedar Falls
Cedar Rapids
Iowa City
Maquoketa
Waterloo
Waverly
Mike Reasoner
United States
Reasoner
Alabama
Arizona
Florida
Ohio
New Mexico
South Carolina
Illinois
Indiana
Nevada
New York
Pennsylvania
Justice Department
Federal
GTE
Vodafone
St Luke's awards 1.6 million wall finish contract to Menefee
Menefee Drywall Company Inc. of Cedar Rapids wins a 1.6 million wall finishing contract for St. Luke's Hospital Center for Women’s and Children’s Health and The Heart Center. Work starts soon, about 10 workers, opening spring 2001. Center will house NICU birth care and maternity suites. Heart Center expands cardiac care.
MENTIONED IN THIS ARTICLE
George C. Ford
Cedar Rapids
Eastern Iowa
St. Luke’s Hospital Center
Menefee Drywall Company Inc
Menefee
Iowa
St. Luke's
St. Luke’s
Kleiman Construction Inc
Justice Electric Co
A’hearn Plumbing and Heating
Center For Women's and Children's Health
First Avenue NE
Heart Center
Allen Motor Co
Center For Women’s and Children’s Health
Allen Motor
Hiawatha
Industrial growth persists in January
The National Association of Purchasing Management reports January manufacturing activity at 56.3, signaling expansion for a 12th straight month amid rising raw material prices. The Fed is expected to raise rates amid inflation concerns as Creighton University notes Iowa’s index at 59.4, the highest since April 1998, driven by durable goods firms and crop support impacts.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Washington
National Association of Purchasing Management
Fed
Norbert J. Ore
Creighton University
Omaha
Iowa
Ernie Goss
Creighton
Alliant Energy Posts Strong 1999 Earnings Rise
Alliant Energy Corp reports 1999 net income of 196.6 million or 2.51 per share, up 99 percent from 1998. Fourth quarter net income 44.8 million or 57 cents per share, boosted by Whiting Petroleum and McLeodUSA gains, despite higher tax rate.
MENTIONED IN THIS ARTICLE
Gazette Financial Editor
Alliant Energy Corp
Madison, Wis
Alliant Energy
Whiting Petroleum Corp
Alliant
McLeodusa Inc
Whiting Petroleum
McLeodusa
Erroll Davis
Poultry prices may rise after southern snowstorm losses
A southern snowstorm collapsed hundreds of poultry barns and decimated flocks, potentially cutting up to 30 million birds this spring. The loss, less than 1 percent of the national flock, could lift chicken prices as producers and distributors face reduced supply and continued demand.
MENTIONED IN THIS ARTICLE
Little Rock, Ark
Richard Lobb
Washington
National Chicken Council
Lobb
Also Mentioned on This Page
Billboard
Lamar Advertising Co
Dowie Advertising Co
Outdoor Systems Inc
Johnson
Lamar Advertising
Ragan Outdoor Advertising Co
Lamar
Quaker Oats Co
First Call-Thomson Financial
BizFacts
SUGUS
Onwig & Nersee
Fortuna
Santen Ef Color
Jim Harris
Iowa Demolition
10Th and
12Th Streets
First Avenue
St. Luke's Hospital
C.R
At’ Assn
Mgmt
South
Frank Jones
University of Arkansas
Arkansas
Texas
Oklahoma
Springdale
Ark
Ing
Allsteel
Blairs Ferry Rd
Rhee
Welter
Furnitur
Monticello
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!