Stocks Rise Ahead of Fourth Quarter Earnings Reports
Stocks gained as investors anticipated key fourth quarter results. The Dow rose 111.19 to 10 538.37 and the Nasdaq climbed 14.69 to 2111.13 amid broader market advances and brisk trading volume on the NYSE.
MENTIONED IN THIS ARTICLE
Jay Suskind
Ryan Beck & Co
Dow
New York Stock Exchange
East Iowa
APAC
McLeod USA
Aegon NV
McLeod USA A
Alcoa Inc
Mestek
Alliant Energy
Moore Wallace Inc
Nash Finch
Arch Dan Mid
Pearson PLC Bandag Inc
Caseys Gen Store
Penford Corp
Columbus McKinnon
PepsiCo
Camel Fedi
Procter Gamble
Deere Co
Qwest Commun
Dillards Inc
RF Micro Devices
Raicorp Holding Fastenal Co
Featherlite Inc
Marsh & McLennan
WalMart Sirs
Maytag
Wells Fargo & Co
Weyerhauser
KB Toys files for Chapter 11 protection seeking relief from creditors
KB Toys Inc seeks Chapter 11 bankruptcy protection amid fierce holiday price wars with discount retailers led by Wal Mart. The privately held chain of 1,300 stores plans to emerge before the 2004 holiday season and has notified suppliers of slowed payments. Stores are located in Council Bluffs Davenport Des Moines Story City Waterloo West Des Moines and Williamsburg.
MENTIONED IN THIS ARTICLE
KB Toys Inc
Wal-Mart Stores Inc
KB Toys
Council Bluffs
Davenport
Des Moines
Story City
Waterloo
West Des Moines
Williamsburg
Cooper Tire Refuses to Bargain with Elected IBEW Union
Cooper Tire Co. says it will not bargain with Local 1634 of the IBEW at its Cedar Rapids distribution center. The union, representing 12 workers, won a Dec. 3 election certified by the NLRB after a prior deadlocked vote in 2003. The IBEW filed an unfair labor practice charge seeking to compel bargaining.
MENTIONED IN THIS ARTICLE
Archibald Candy Corp
Fannie May
Fanny Farmer
Alpine Confections Inc
Cedar Rapids
Alpine
Utah
Cooper Tire Co
International Brotherhood of Electrical Workers
Rockwell Collins
Coralville
National Labor Relations Board
Pan
Labor Relations Board
Cooper
Per Tire
Gusta
Cooper Tire
Pat Brown
NLRB
IBEW
U.S
Enron executive pleads guilty in corporate scandal case
Former Enron finance chief Andrew Fastow admitted two conspiracy counts in a plea deal that could implicate top executives Kenneth Lay and Jeffrey Skilling. His plea seeks a 10 year sentence with asset forfeiture totaling 23.8 million. Lea Fastow also pleaded guilty to a tax charge related to ill gotten gains.
MENTIONED IN THIS ARTICLE
Enron
Fastow
Lea
Lea Fastow
Hittner
Leo Fastow
Andrew Fastow
Jan Little
Federal
Houston
J P Morgan Chase and Bank One announce merger to form second largest bank
J P Morgan Chase and Bank One Corp announce a merger creating the second largest U S banking company after Citigroup with about 1 1 trillion in assets and 2 300 branches in 17 states The deal names William B Harrison as chair and CEO and James Dimon as president and COO with Dimon set to succeed Harrison in 2006
MENTIONED IN THIS ARTICLE
J.P. Morgan Chase
Chicago
J.P Morgan Chase & Co
Bank One Corp
U.S
Citigroup
New York
Bank One
William B. Harrison
James Dimon
Dimon
Harrison
New York Stock Exchange
J.P. Morgan
Bank of America Corp
FleetBoston Financial Corp
Schneider Electric Square D trims Cedar Rapids plant workers
Schneider Electric Square D Corp eliminated 51 production jobs at its Cedar Rapids facility as production shifts to its Tlaxcala Mexico plant. Union leaders warn of financial hardship for laid-off workers, including single parents, and protest U.S. manufacturing job losses. About 100 workers rallied early outside the plant signing a wall of protest.
MENTIONED IN THIS ARTICLE
The
Gazette
Cedar Rapids
Schneider Electric
Square D Corp
Tlaxacala
Mexico
Scott Holmes
Schneider Electric Square D
Ron Hunt
Teamsters Local 238
Bush
U.S
Holmes
Economy gains momentum as Fed notes broad revival
Fed reports indicate U S economy strengthened into January with pickup in auto and home sales and signs of manufacturing hiring revival. Chicago region shows modest improvement in late November and December, consumer spending edges up while lending stays flat and cattle prices stay above prior year.
MENTIONED IN THIS ARTICLE
Washington
U.S
Fed
Chicago
Iowa
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Nasdaq
Steelworkers OK
North Star Steel
United Steelworkers of America
Wilton
Beaumont
Texas
St. Paul
Minn
News Service Reports
Echyone
Iowa City
Tional
Tad Gusta
Brown
Sravid
Dewitte
Enron Executive
David
Robert Mintz
Schneider/ Square D
By Dave DeWitte
Hunt
Dick Gephardt
D-Mo
Teamsters
Javid.dewitte
Gazettecomms
Federal Reserve
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