Wall Street Drops as Greece Concerns Persist
Markets fell Thursday with the Dow at 10,321.03 down 63.13 points and the S and P 500 at 1,102.94 slipping 2.30. The Nasdaq eased to 12,234.22, down 1.68 as investors weighed Greece debt worries. Two Rivers Bank & Trust agreed to buy American Bank and Trust Co offices in Iowa City and Coralville. The moves include branches at 805 22nd Ave Coralville and 551 Westbury Dr Iowa City with about 40 million in deposits. Mick Fletcher will lead the Iowa City Coralville locations. Ronald Cox of Iowa State University will keynote Marion MEDCO luncheon marking its 25th anniversary on March 10 in Marion.
MENTIONED IN THIS ARTICLE
Greece
Standard & Poor
Two Rivers Bank & Trust
Two Rivers Financial
Burlington
Iowa City
Coralville
American Bank and Trust Co
22Nd Ave
Westbury Dr
Mick Fletcher
Ronald Cox
Center For Industrial Research and Service
Iowa State University
Marion Economic Development Co
Best Western Long Branch
Marion
MEDCO
AEGON swings to profit in Q4 and 2009 records
AEGON NV, parent of AEGON USA, reports fourth quarter net income of 550 million versus a 1.6 million loss a year earlier. For 2009 the insurer posts a 276 million profit compared with a 1.5 million loss in 2008, citing gains on investments and lower impairments. It will not declare a dividend for common shareholders.
MENTIONED IN THIS ARTICLE
Aegon NV
Aegon USA
AEGON
Mortgage rates rise to 5.05 percent this week
Freddie Mac reports the average 30 year fixed rate mortgage at 5.05 percent this week, up from 4.93 percent a week earlier. Associated Press. Gazette.
MENTIONED IN THIS ARTICLE
Freddie Mac
Federal extended unemployment saved Iowa jobs says report
A report by Iowa Fiscal Partnership using an Iowa State University model says ARRA extended unemployment benefits saved or created thousands of Iowa jobs. The extra $359 million flowed quickly into households, boosting consumption and supporting the state economy amid high unemployment in 2009.
MENTIONED IN THIS ARTICLE
Dave DeWitt
Gazette
Iowa
Iowa Fiscal Partnership reports windfall jobs from state spending
The 2009 Iowa fiscal year saw direct unemployment impact of 372.4 million dollars and indirect impact of 129.3 million with 3,727 jobs. Indirect spending created or saved 1,177 jobs last year and 719 this year as retailers and suppliers boosted staffing and purchases. The Iowa Fiscal Partnership is a collaboration of Iowa Policy Project and Child and Family Policy Center.
MENTIONED IN THIS ARTICLE
Lowa
Iowa
Iowa Policy Project
Child and Family Policy Center
David.dewitte
Gazcomm.com
A cut above Eastern Iowans Revolt razors
Ron Christensen, 63, developer of the Revolt shaving system, claims major razor makers mislead on life. His system uses Revolt Lubricating Liquid and Shaving Solution to store and protect blades, eliminating water use. He recently won a U.S. patent and aims for nationwide rollout with Navy and military interest.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Oralville
Ron Christensen
Christensen
U.S
Iowa
Coralville
Chase
United States
Department of Defense
Iraq
Afghanistan
Game Day
Phoenix
Chuck Chase
Revolt Razor System Promises Green Beachhead
The Revolt shaving system touts water savings and fewer landfilled razors. Since its 2006 launch the product evolved from a single liquid to a two product setup aimed at extending razor life. Founder Christensen notes potential multi billion dollar annual sales as the idea scales. Contact info appears near the page footer.
MENTIONED IN THIS ARTICLE
Christensen
Coca-Cola Gains North American Bottling Control
Coca-Cola Co will acquire Coca-Cola Enterprises bottling operations, gaining direct control over about 90 percent of North American bottling and distribution. The Cedar Rapids Midwest unit employs 55 and serves Quad Cities, Iowa City, and Cedar Rapids areas. Shareholders receive $10 cash per share plus a new Coca-Cola Enterprises share focused on Europe. The deal aims to save $350 million in costs over four years and lift earnings per share by 2012.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Coca-Cola
North America
Cedar Rapids
Coca-Cola Enterprises
Coca-Cola Co
North American
PepsiCo Inc
Coca Cola Enterprises
Midwest
Coca- Cola
66Th Ave
Quad Cities
Iowa City
Coca- Cola Co
Muhtar Kent
John Brock
Iowa
Coca-Cola Atlantic
Coca-Cola Atlantic Co
Atlantic
Waukee
Also Mentioned on This Page
Wall Street
Burlington Bank
CIRAS
Uiras
Associated Press. Gazette
Swenson
Eastern
Iowan
Tye
June Koehn
the Gazette
Revoltshave. Com
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David Dewitte
Gazcomm
David
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