Wall Street opens year with cautious gains and mixed movers
U S stocks rose as the Dow gained 51.90 to 10 073.40 and the Nasdaq climbed 28.85 to 1 979.25 amid light volume. Kmart tumbled after a downgrade and Chrysler Trust planned store acquisitions circulated. Cedar Rapids based McLeodUSA paused interest on notes while negotiating with bondholders.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
MACC
Nash Finch
General Mills
I McLeodusa Inc
Cedar Rapids
Manufacturing Activity Edges Up As New Orders Rise
ISM reports December manufacturing index at 48.2 up from 44.5, signaling slower contraction. New orders at 54.9 point to improving demand and potential earlier recovery from a 17 month slump.
MENTIONED IN THIS ARTICLE
New York
Scott Anderson
Wells Fargo & Co
Minneapolis
Norbert J. Ore
David Orr
Wachovia Corp
Sherry Cooper
Harris Bank
Chicago
Irish pubs resist Irish coins as euro rollout continues
In Dublin and across Ireland pubs refuse to accept new Irish coins citing confusion with euro currency. Banks and authorities face dozens of complaints as bartenders install credit card machines and some pubs set informal coin exchange bureaus to convert Irish money into euros.
MENTIONED IN THIS ARTICLE
Ireland
Dublin
Hanrahan
Office of Consumer Affairs
Carmel Foley
Licensed Vintners Association
Vintners Federation of Ireland
Foley
Neary
Eamon Purcell
Cedar Lounge
Purcell
John Hanrahan
Neary’s
Eugine Macari
Robbers seize euros in Athens and Ireland
In Athens a gunman robbed a Holargos post office savings branch of 76 000 euros about 68 400 dollars. In Ireland three robbers seized about 1 800 euros from Allied Irish Banks in Borrisokane and two guards were beaten stopping another ATM theft in Limerick. No injuries were reported.
MENTIONED IN THIS ARTICLE
Athens
Greece
Ireland
Europe
Holargos
Allied Irish
Borrisokane
Dublin
Castletroy
Limerick
Aid Association for Lutherans and Lutheran Brotherhood Merge
Aid Association for Lutherans and Lutheran Brotherhood merge into a single $55 billion company with 3 million customers and 3,300 employees. Former leaders will chair and run the new firm from Minneapolis, as plans include a new corporate name in early 1990s.
MENTIONED IN THIS ARTICLE
Tractor Supply Co
Quality Stores Inc
TSC
Brothers Jack
George Hill
Quality Farm & Fleet
Central Tractor Farm & Country of
Iowa
Quality
Tractor
Aid Association For Lutherans, Lutheran Brotherhood Merge
Appleton, Wis
Aid Association For Lutherans
Lutheran Brotherhood
Fidelity
Citigroup
State Farm
American Express Financial Services
Bruce Nicholson
Nicholson
John Gilbert
Lutheran
Miniature racer bikes recalled over front fork defect
The Kent International recall affects about 28 000 Midget Racer miniature bicycles made in Parsippany New Jersey. Defective front forks may cause crashes prompting refunds or replacements and a recall notice urging return to purchase point. models with black caps are excluded. Consumers may call 1 800 451 5368 for more information.
MENTIONED IN THIS ARTICLE
Washington
New Jersey
Kent International Inc
Parsippany
Consumer Product Safety Commission
Kent
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Prudential
Jack Ferry
Tractor Supply
Omaha World-Herald
The
Djia
Iowa City
Business Activity Index Rising
Institute For Supply Management
National Association of
AAL
U.S
Kentbicycles.com
ET Racer
Massachusetts
Minnesota
Rhode Island
UPSC
Cpsc.gov
Trus
Great America
1St St
Crbt
FDIC