Wall Street Opens 2005 With Decline As Investors Seek Quality
Stocks slip as traders rebalance portfolios after the post election rally. The Dow falls to 10,729.43 and the Nasdaq slides to 2,152.15 amid cautious trading and shifts toward large cap names. McLeodUSA extends ICN contract. construction spending dips 0.4 percent in November with revisions higher for October.
MENTIONED IN THIS ARTICLE
Wall Street
Wal-Mart Stores Inc
Jack Ablin
Harris Private Bank
Chicago
New York Stock Exchange
Commerce Department
Midwest manufacturing strong in December but index slips
The Midwest manufacturing index for December shows strength with new orders and production rising in nine states led by Iowa Nebraska Kansas and South Dakota. The Mid-America index falls to 59 from 63.8 though remains above growth neutral. Fed rate outlook cited as inflationary pressures grow.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Midwest
Mid-America
Creighton University
Ernie Goss
Institute For Supply Management
Goss
Iowa
Cleveland Clinic weighs fast food in heart care setting
At the Cleveland Clinic food court a doctor led push to remove fast food from the campus to promote wellness. McDonald's and Subway remain amid talks after Pizza Hut left. Clinic officials say the move aims to set a trend for healthier choices in a major heart disease center.
MENTIONED IN THIS ARTICLE
Cleveland
Andrew Hudnall
McDonald's
Cleveland Clinic
Hudnall
Pizza Hut
Yum Brands Inc
McDonald’s
Subway
Angela Calman
Derek Damron
Toby Cosgrove
Wells Fargo to acquire Strong Financial in mutual fund move
Wells Fargo & Co. completes its takeover of Strong Financial Corp amid prior securities scandal. Integration aims to blend Strong's funds into Wells's lineup in Q2 with possible renaming under discussion. Strong faced penalties totaling over 175 million dollars and a lifetime mutual fund industry ban.
MENTIONED IN THIS ARTICLE
San Francisco
Wells Fargo & Co
Strong Financial Corp
Wells
Strong
Strong Financial
Won Ha
Menomonee Falls
Wis
Walgreens posts best quarter in four years with strong earnings
Walgreens Co reports fiscal first quarter net earnings of 332.7 million dollars, 32 cents per share, up from 254.9 million and 25 cents a year earlier. Revenue rises 13.4 percent to 9.9 billion as prescription and general merchandise sales climb, aided by digital photo processing growth amid lab conversions. Deerfield based retailer operates stores in Cedar Rapids and nearby Iowa cities.
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Chicago
Walgreen Co
Walgreen
New York Stock Exchange
Thomson First Call
Dave Bernauer
Morningstar
Mitchell Corwin
Bernauer
Deerfield
Cedar Rapids
Coralville
Dubuque
Marion
Iowa City
Waterloo
Canada finds mad cow case does not threaten beef safety
Canada reports an 8-year-old Alberta dairy cow tested positive for mad cow disease but officials say the case poses no human health risk or trade threat. Agriculture Minister Andrew Mitchell notes beef and cattle imports will not be blocked and the U S agrees the incident has minimal impact on cross border trade.
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Toronto
Canada
United States
Andrew Mitchell
Alberta
Mitchell
Bush
World Health Organization
United States Department of Agriculture
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Peet
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McLeodusa Inc
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Schryme
AP Stockquote
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Federal Reserve Board
Kansas
Nebraska
North Dakota
South Dakota
Clinic
Joyce Hagen-Flint
American Association For Health Care Service Administrators
Wells Fargo
Sylvia Brim
Cpa
Crpe
Csa
Ca Ymet
Mailbox
Williams Boulevard
ALL Products & Services
UPS
Inc
BORO
Packaging Services Postal Services
Lins
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