Market Steady Amid Tax Cut News and Mixed Results
Wall Street closed narrowly mixed as traders booked profits from a three day rally and eyed Bush tax proposals. The Dow fell 32.98 to 8740.59 while the Nasdaq rose 10.25 to 1431.57 amid mixed volume and breadth. Gateway warned of a larger fourth quarter loss and potential charges, United Airlines won pilot pay cuts, and Pella plans a 1.7 million expansion in Clear Lake with a city grant application.
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Wall Street
Bush
New York Stock Exchange
Gateway Inc
Gateway
United Airlines
United Dispatchers
United
Pella Storm Doors
Clear Lake
Pella Corp
Iowa Department of Economic Development
Qwest Expands Long-Distance Service to Eight States
Qwest Communications begins offering long-distance service in Iowa and seven other states as part of a $10-billion annual market push. The move ends a three-year regulatory hold and aims to unify local and long-distance billing on one plan.
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Gazette
Qwest Communications
Iowa
Qwest
US West
Cedar Rapids
Michael Sadler
McLeodusa
Annette Jacobs
Consumer Markets Group
Tance
Sadler
Bryce Nemitz
Nemitz
Idaho
Nebraska
North Dakota
Utah
Washington
Wyoming
Colorado
Nintendo unveils Game Boy Advance SP handheld
Nintendo introduces the Game Boy Advance SP a wallet sized handheld with a front lit screen and clamshell design. The device uses the same CPU as the Game Boy Advance supports about 1000 games and will retail for 99.95 dollars in the United States.
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Nintendo Co
Nintendo
Chris Campbell
Sony
Dheld
United States
AP Photo Nintendo Co
New York
U.S
Blairs town Ethanol Plant Reopens Under New Ownership
The Sunrise Energy Cooperative asset renamed 78th Street Ethanol LLC reopens in Blairstown with 70 percent owned by APL Biopurification Technologies and 30 percent by Sunrise Ethanol LLC. New manager Jason Knaack says the $10 million facility runs at 112 percent capacity, producing 5.5 million gallons of ethanol annually and 55,000 tons of wet distillers grain for animal feed. The bankrupted Sunrise Energy Corp filed Chapter 7 in 2002 with assets of $104,000 and liabilities of $6.7 million.
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Snews
Blairstown
Sunrise Energy Cooperative
78Th Street
Highland Park, Ill
Accurate Polymers Ltd
Sunrise Ethanol LLC
Sunrise Energy
Knaack
Mark Patterson
APL Biopurification
78Th Street Ethanol
Iowa State University
Fauser Energy of
Sunrise Energy Corp
United States Bankruptcy Court For
Northern District of
Iowa
Cedar Rapids
Factory orders fall 0.8 percent in November
U S factory orders dropped 0.8 percent in November from October, the third decline in four months, as manufacturing remains weak though some forecasters see modest future growth. The Commerce Department data come as ISM reports indicate December activity improving after a four month slowdown.
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Washington
Commerce Department
Clifford Waldman
Waldman Associates
The
Institute For Supply Management
C R Realtor to offer tax appeals help alliance formed
Cedar Rapids based Iowa Realty Commercial joins with Property Tax Advisory Group of Overland Park to assist commercial property owners in appealing tax assessments due around month end. Vanguard Appraisals handles inspections for preparing assessments and fees are paid directly to PTAG by owners.
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Gazette
Cedar Rapids
NAI Iiowa Realty
Kansas
Property Tax Advisory Group Inc
Overland Park
Kan
Scott Byers
National Realty Commercial
PTAG
Byers
Iowa Realty Commercial
Vanguard Appraisals Inc
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United Pilots
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Michael Gartenberg
Jupiter Research
By Steve Meyer
Jason Knaack
van Horne
APL Biopurification Technologies
Patterson
Mortgage Bankers Association of America
McLeod USA
APAC
Aegon NV
Columbus McKinnon
PepsiCo
Come! Fed
Procter Gamble
Qwest Commun
Deere Co
RF Micro Devices
Dillards Inc
Fastenal Co
Raicorp Holding
Featherlite Inc
Hon Inds
Union Planters
Uld Fire Cas
Intl Paper
Keane Inc
US Bancorp
Kohis Corp
US Cellular
Longon File
WalMart
Marsh & McLennan
Maytag
Wells Fargo & Co
Weyerhauser
C.R. Realtor
George C. Ford
Bowling St
Avaya