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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Feb 28, 2002

Page

20

Greenspan lifts markets as Cisco jolt trims gains

Stocks traded mixed after Greenspan testimony with the Dow rising early before slipping into negative territory and finishing higher by 12.32 to 10 127.58 while the Nasdaq declined 14.98 to 1 751.88.

Federal Reserve Alan Greenspan Cisco Greenspan Congress New York Stock Exchange

McLeodUSA stock stalls after bankruptcy filing

McLeodUSA Inc shares on Nasdaq were halted at 18 cents after the company filed for Chapter 11. Nasdaq indicated trading would resume only with additional information, noting that bankruptcy generally disrupts listings and may lead to a new trading symbol with a Q suffix. Bryce Nemitz said the firm is responding to Nasdaq requests.

United Fire & Casualty Co Cedar Rapids Gap Inc Gap New York Stock Exchange Gazette McLeodusa Inc McLeodusa Scott Peterson Peterson Bryce Nemitz

McLeodUSA Trading Halted Amid Chapter 11 Filing

Nasdaq halted McLeodUSA stock at 7:33 a.m. January 31 after its Chapter 11 filing. Fleming Securities analyst Stephanie Gallegos cautioned bondholders must approve a preliminary bankruptcy plan for reorganization. Local brokers noted uncertainty on a resume date and focus on post-reorg value for shareholders and creditors.

McLeodusa Stephanie Gallegos Fleming Securities Scottsdale Ariz Gallegos

Yak plans to enter American beef scene gain traction

Rancher Bob Hasse promotes introducing yak to the American West highlighting yak meat as a healthier low fat option. Yak meat sells at premium prices in niche markets with chefs like Chad Schothorn already featuring it at Cosmopolitan in Telluride and planning a James Beard House showcase in New York.

Denver Nepal Tibet Bob Hasse American West Hasse Desert End Yaks Montrose Chad Schothorn Cosmopolitan Telluride Schothorn James Beard House New York

Greenspan sees signs recession ending but warns against optimism

Federal Reserve Chairman Alan Greenspan said there are mounting signs the mild recession is ending but warned a robust recovery is unlikely. He noted consumer spending stayed strong after the terrorist attacks, mortgage rates remain low, and businesses are boosting high tech investment, with 2001 growth seen at 2.5 to 3 percent.

Washington Federal Reserve Alan Greenspan U.S Greenspan

Harkin presses for specifics on Bush farm bill plan

Senate Agriculture chair Tom Harkin questions Ann Veneman at a hearing about farm bill funding. Veneman refuses to reveal negotiating strategy and says the administration seeks a clear conference position while Bush worries about early-year spending.

Harkin Bush Washington Uss Tom Harkin Iowa Secretary of Agriculture Ann Veneman Veneman Senate Agriculture Committee Senate Appropriations Committee White House Senate

Also Mentioned on This Page

United Fire Intel Intel Corp Carnival Files P&o Princess Line Carnival Corp Princess Cruises PLC Carnival Princess Royal Caribbean Cruises Ltd U.S. Federal Trade Commission FTC European Commission Djia Iowa City AP Stockquote Local By Dave DeWitte Robert W. Baird Brian Murphy Exchange Murphy McLeod- USA Alan Greenspan Federal Reserve Chairman U.S. House Sen the Gazette P.O. Box Trus Great America 1St St. SE Crbt FDIC
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