Met-Coil sells Rowe Machinery to Mestex in Dallas
Met-Coil Systems Corp announced the sale of its Rowe Machinery in Dallas to Mestex Ltd a Mestek Inc subsidiary. Proceeds will reduce debt while Mestex leases the facility and equipment for at least one year and most plant workers are expected to join Mestex. Allan Thoms Iowa Utilities Board chair named to NARUC Executive Committee for six years beginning 1995 and serves on NARUC committees and US West Oversight.
MENTIONED IN THIS ARTICLE
Met-Coil Systems Corp
Rowe Machinery
Dallas
Mestex Ltd
Mestek Inc
Westfield
Mestex
Met-Coil Systems
Iowa Precision Industries
Cedar Rapids
Allan Thoms
Iowa Utilities Board
National Association of Regulatory Utility Commissioners
The
Utilities Board
Thoms
NARUC
US West
Quaker Oats Posts Quarterly Loss Amid Snapple Restructuring
Quaker Oats Co reports a 47.8 million loss for its second fiscal quarter due to charges to restructure Snapple and realign European beverages and Pacific foods. Revenue declines 22 percent to 1.18 billion with six month net income down to 13.7 million from 91.7 million. The December 1995 quarter is a transition as the fiscal year shifts to December 31. William Smithburg calls the year with Snapple disappointing but expects 1996 profitability.
MENTIONED IN THIS ARTICLE
Quaker Oats Co
Snapple Beverage
Pacific Foods
Quaker
William Smithburg
Treasury begins refunding with three year notes auctioned
Three year Treasury notes sold Tuesday at an average yield of 5.043 percent, down from 5.549 percent in November. The 5 percent coupon notes with $10,000 face value priced at $9,988.20. The refunding continues with 10 year notes today and 30 year bonds Thursday in a record $44.5 billion borrowing to redeem maturing securities and replenish coffers.
MENTIONED IN THIS ARTICLE
Treasury
Small-business seminar set across Kirkwood sites
A two night Starting Your Own Business seminar for prospective and active small-business owners will be held Thursday and Feb 15 from 6 30 to 9 30 p m. Sponsored by the Service Corps of Retired Executives it meets in Linn Hall Room 211 at Kirkwood Community College and at 15 other Telelink sites in Kirkwood district. Topics include structure record keeping taxes promotion marketing and sources of capital. Cost 24. To register call 398-5412 or 800 332-8833 for class 906445.
MENTIONED IN THIS ARTICLE
Service Corps of
Linn Hall
Kirkwood Community College
Telelink
Kirkwood
Gramm Urges Market Price Approach in Farm Policy Shift
In Des Moines Sen. Gramm pressed for market setting of prices and a move away from federal price supports and planting restrictions. He backs the Freedom to Farm plan to phase out most government aid over seven years, while farmers like Northey and Horan anticipate more predictable contracts and shifts to soybeans or alfalfa amid reform talks.
MENTIONED IN THIS ARTICLE
Des Moines
Phil Gramm
Gramm
Texas Republican
Senate
Washington
Texas
Tom Harkin
Iowa
Bill Northey
National Corn Growers Association
Akia Sweanpbuster
Northey
Bill Horan
Rockwell City
Horan
Tim Barrack
Arlington
Barrack
Senate weighs health insurance bill with bipartisan support
The health insurance bill to protect workers from losing coverage when changing jobs or going solo nears full Senate action. Sen. Kassebaum expects a vote before May 3 but after April 15. The measure enjoys broad bipartisan backing and faces industry opposition to the group to individual coverage clause.
MENTIONED IN THIS ARTICLE
Washington
Senate
Nancy Kassebaum
R-Kan
Clinton
Congress
Ing
Rod Grams
Rminn
Kassebaum
Grams
Schneider plans 250 Cedar Rapids to Davenport drivers by April
Schneider National Inc. plans to hire 250 over the road truck drivers based from Eastern Iowa from Cedar Rapids to Davenport. The Green Bay company says it will fill the positions by early April with training for applicants lacking experience. First year pay ranges from 28000 to 38000 for inexperienced drivers, while experienced drivers can earn well over 40000 depending on routes.
MENTIONED IN THIS ARTICLE
Trucking Company
Iowa
Schneider National Inc
Cedar Rapids
Davenport
Green Bay
Mike Norder
Norder
Schneider
Des Moines
Rebound in technology stocks boosts broad market
The tech stock rally pushed the Dow Jones to 5405.78, up 52.02 points in a session marked by nine records in 12 days. Eastern Iowa stocks showed broad activity with gains in United Technologies General Mills Eastman Kodak United Fire & Casualty MACC Private Equities General Electric and Noland, while Procter & Gamble fell 1 percent.
MENTIONED IN THIS ARTICLE
New York
United Technologies
General Mills
Eastman Kodak
United Fire & Casualty
MACC
General Electric
Noland
Procter & Gamble
Check form for missed mortgage deductions
Missed mortgage deduction guidance explains that January 1996 payments made by December 31 may be deductible for 1995 if the December interest is not on Form 1098. If the 1098 is inconsistent, attach a statement to your return. Call CITYLINE for more tax information.
MENTIONED IN THIS ARTICLE
Tribune Media Service
Also Mentioned on This Page
Met-Coil
IUB
IES
IES Industries Inc
IES Utilities Inc
IES Industries
Tribune Mail
INCUA
Collins RD
Agriculture Department
U.S Senate Committee On Agriculture
Edward Kennedy
D-Mass
Tom Daschle
South Dakota
Daschle
Fred Rogers
Mister Rogers
Easton
Best Western
Long Branch
Hampton Inn
Coralville
Eastern
NEW York Stock Exchange
Safeway
Baxter
American Stock Exchange
Amex
DOW Jones
Standard & Poor’s
Indust
A Telecom
Transat
Wilshire Associates
Associated Press
Gary Speicher
CLU
Chfc
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