Wall Street slides after Greek bailout stumble drops major indices
On Friday the Dow fell 89 points to 12,801 and the S P 500 slipped to 1,343 while the Nasdaq declined to 2,904. Volume was light with about 3.5 billion shares traded as three stocks fell for every rise on the NYSE. In Clinton, Archer Daniels Midland eliminated 43 polymer plant jobs as the Metabolix alliance ends, with some workers kept for idle preparation.
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New York
Greece
Standard & Poor
New York Stock Exchange
Clinton
Archer Damiels Midland Co
Metabolix Inc
ADM
Buyer eyes former Maytag building in Newton Iowa
Real estate reports Windstream Communications acquired the Y building complex on nearly 18 acres in 2010 after purchasing Iowa Telecom. Iowa Telecom bought the complex for 9.5 million in 2007 and has since sought buyers for the property. Whirlpool Corp later acquired Maytag and stored the corporate debris.
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New Ban
Iowa
Ol Purthey
Maytag Corp
Newton
Windstream Commuunications
Iowa Telecom
Iter Whirlpool Corp
Mavtag
P G halting Pringles sale amid governance probe
Procter and Gamble plans to halt selling Pringles as it probes payments to vendors. CEO Michael Neites and chief financial officer were placed on leave while earnings for the past two years are restated after the board found payments booked in error periods.
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Cincinnati
Gamble
Priptes
Bods Tollow
Hetu
Diamond
Michael Netides
Hhaheral
Banks set to resume foreclosures after $25 billion deal
Banks may restart home seizures as a $25 billion settlement settled claims over foreclosure abuses. The pact directs about 17 billion in debt write downs and loan modifications, aiding roughly 1 million borrowers and offering direct payments to 750,000. Foreclosures are expected to rise 25 percent to about 1 million this year, potentially lowering home values temporarily.
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Domberg News
New York
U.S
Housing and Urban Development
Shaun Donovan
Fannie Mae
Freddie Mac
Ginnie Mae
Federal Housing Administration
Inside Mortgage Finance
RealtyTrac
Daren Blomquist
7 Eleven Expands Fresh Hot Foods At Dallas Conference
7-Eleven introduces new hot menu items including empanadas tacos and beer brats as it expands fresh foods. Kelly Buckley describes blurred lines between retail and food service and plans to build a culinary backed team. Jesus Delgado-Jenkins notes 25 percent of store space is now devoted to fresh foods.
MENTIONED IN THIS ARTICLE
Dallas Morning News
7-Eleven
T-Eleven Inc
Kelly Buckley
Fresh Foods Innovation
National Restaurant Association
Technomic Inc
Buckley
University of 7-Eleven
U.S
Plano
Pizza Hut
Jesus Delgado- Jenkins
Lara Son
Jimmy John's Opens Downtown Cedar Rapids Location
Jimmy John's Gourmet Sandwich Shop will open on the first floor of the Iowa Building at 411 Third St SE in downtown Cedar Rapids. The 2,200 square foot site will seat 55 to 60 and add delivery and catering with about 50 part time staff and three managers. The opening aims for around April 1 to capitalize on downtown growth and traffic.
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George C. Ford
Gazette
Cedar Rapids
Jimmy John
Marc Motzer
T.J. Graber
Jimmy John’s
Cedar Falls
Waterloo
Motzer
Iowa Building
Third St
Graber
Federal Courthouse
Public Library
Paramount Theatre
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Wall Street
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Sourcemedia.net
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