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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Feb 07, 1995

Page

10

Wall Street Advances As Rates Seen Peaking

Stocks rose on Monday with the Dow up 9.09 to 3937.73 as investors weigh moderating growth and peak rates. NYSE volume reached 325.61 million shares while advancers led decliners 3 to 2. Procter & Gamble, Hon Industries, and Gillette gained. Agriculture Department to open trade offices abroad as part of a 1996 budget plan. Treasury sold 13.8 billion in three month bills at 5.83 percent and 6 month bills at 6.10 percent. Flagstar reports Q4 earnings of 9.3 million on 660 million in revenue. prior year loss was 1.6 billion due to restructuring. fewer restaurants.

Dow Jones New York Stock Exchange Procter & Gamble Hon Industries Gillette United Fire & Casualty Agriculture Department Hanoi Foreign Agricultural Service Moscow Kiev Ukraine Almaty Kazakhstan Shanghai China Treasury Treasury Department Flagstar Cos. Inc Denny’s Hardee's Last Che. Industrial TelMex Ads At&t Corp Ford Motor Sve Sia We Finance Sfepacgold Moday American Stock Exchange InterDigCm AdvMedicine Intel Amex Biotech Telecom Insurance Transpt Transport Utilities Wilshire Associates Dex Associated Press

Cedarapids eyes growth with 400 potential hires

Cedarapids Inc of Cedar Rapids plans to hire about 400 workers to restore staffing near its pre recession peak. President Richard Schwebel cites infrastructure repair demand and strong overseas sales, especially in the Pacific Rim and South America, as driving expansion opportunities and bids on Raytheon Engineers & Constructors projects.

Cedar Rapids FMC Corp Harnischfeger Corp Cedarapids Iowa Manufacturing Richard Schwebel Pacific Rim China Korea Thailand Vietnam South America Schwebel Raytheon Engineers & Constructors Raytheon Co Cedarapids Inc

First National opens temporary Iowa City branch on Mormon Trek

The bank launches a temporary 2312 Mormon Trek Blvd office with eight staff led by Julie Miller. Permanent building to start this spring and finish by year end. Lobby hours 8:30 to 5:30 weekdays, 8:30 to noon Saturday. drive up 7:30 to 5:30 weekdays, 8:30 to noon Saturday.

Heather Sipman Wood Johnson County Iowa City First National Mormon Trek Blvd Julie Miller Robert Sierk Southwest Cedar Rapids First National Bank First Financial Bancorporation American Federal Savings & Loan Resolution Trust Corp First National Bank of Cedar Coralville North Liberty Mormon Trek Boulevard

Gains in agriculture research raise world food hopes

United Nations analysis ahead of the Lu cerne conference says advances like high yield rice, blight resistant potatoes, and tropical corn can feed about a billion more people by 2015 versus 20 years earlier. It warns that meeting future needs requires major research, not just food aid, to lift productivity while protecting ecosystems. World Bank VP Ismael Serageldin notes the urgency to deliver tech to poor farmers amid rapid population growth and resource limits.

Washington Tropics U.N World Bank Ismael Serageldin

Heinz to acquire Quaker Oats pet food unit for 725 million

Heinz agrees to buy Quaker Oats U.S. and Canadian pet foods including Gravy Train and Ken-L, expanding to 20 percent of the U.S. market with about 1.14 billion in sales. Quaker exits the pet business to focus on human foods, amid industry consolidation and debt from the Snapple deal.

Pittsburgh Morris H.J. Heinz Co Quaker Oats Co U.S Heinz Ralston Purina Co Nestle Holdings Inc Quaker Oats Quaker Snapple Beverage Co Dalgety PLC Britain Snapple Amore Ralston Purina

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