Mixed earnings jolts hit Wall Street and Navy contract news
The stock market fell as Intel earnings jitters rattled investors with the Dow down 119.44 points to 8,723.18 and the Nasdaq at 1,438.80. In Navy news, Data Link Solutions won a 15.4 million contract for secure shipboard data and voice terminals, enabling high capacity real time digital communications. ICA Ahold and AEGON N V ended talks on ICA Banken joint venture. A United Airlines stock sale ruling is postponed to Feb 6 as negotiations continue.
MENTIONED IN THIS ARTICLE
Intel
Wall Street
New York Stock Exchange
U.S. Navy
Data Link
BAE Systems
Rockwell Collins
Cedar Rapids
ICA Ahold
Aegon N.V
Netherlands
ICA Banken
AEGON
Solna
Sweden
United Airlines
United
State Street Bank &Trust Co
Eugene Wedoff
State Street
Bishop's Westdale closes due to weak sales at Cedar Rapids mall
Bishop's chain exits Westdale Mall after 2 pm closing citing financial losses. About 40 employees were offered transfers to Lindale Mall location. Farr's Restaurant Group filed Chapter 11 protection while pursuing a plan to buy remaining Bishop's properties.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Cedar Rapids
Bishop's Cafeterias
Westdale Mall
Bishop's
Westdale
Dave Bailey
Bishop’s
Bailey
Lindale
Bishop’s At
Lindale Mall
Farr’s Restaurant Group Inc
Dallas
the Gazette
Nership
Monica Nadeau
Nadeau
Duck Creek Plaza
Bettendorf
SouthPark Mall
Moline
Kennedy Mall
Dubuque
Crossroads
Waterloo
Furr’s
Farr’s
George Ford
Gazet
Wholesale prices steady in December amid uncertain demand
The Labor Department reports December wholesale prices held flat after November decline. Excluding food and energy, core prices fell 0.3 percent for the second straight month as computers and cars dropped while gasoline rose, signaling weak pricing power for many businesses. The data suggest inflation remains subdued as the economy slowly recovers from the 2001 recession.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Clifford Waldman
Waldman Associates
Federal Reserve
Alan Greenspan
New Wholesale Prices Rise 2002 Slower Than 2001 Drop
Producer prices show wholesale prices up 1.2 percent for 2002, a calmer rise after a 1.6 percent fall in 2001. economist Joel Naroff notes the tame increase would ease inflation concerns.
MENTIONED IN THIS ARTICLE
Alan Greenspan
Joel Naroff
Naroff Economic Advisors
NEXIQ sells Coralville firm assets in bankruptcy auction
NEXIQ Technologies sells Diversified Software Industries assets through a December bankruptcy auction. Snap-on paid 7 million for DSI vehicle scanner and eTechnician assets. Vitronix paid 80000 for IIS. Peak Technologies paid 300000 for ePod tech. DSI founded by James Griffin and once 42 employees in Coralville.
MENTIONED IN THIS ARTICLE
Coralville
Diversified Software Industries Inc
Nexiq Technologies Inc
NEXIQ
Manchester
N.H
DSI
Snap-on Inc
Kenosha
Wis
Sterling Heights
Mich
Snapon
eTechnician Products
Vitronix
Santa Barbara
Calif
Peak Technologies
Moore Business Forms
Columbia
ePod
James Griffin
Union Planters to Sell Decorah Bank Branch
Union Planters Bank agrees to sell its Decorah office to Northeast Security Bank of Sumner. The sale aims for closure in Q1 pending federal and state approvals. No staff changes planned for Decorah. Union Planters will keep operations in Waterloo and other Iowa markets. Benjamin Pagel and John Rathjen comment on community banking expansion and resource reallocation.
MENTIONED IN THIS ARTICLE
Jount
Decorah
Northeast Security Bank
Iowa
Also Mentioned on This Page
Ai goLp
Data Link Solutions
ICA
Ahold
Cnyune
Iowa City
AP Stockquote
Local
Bishop
Nancy Cram
American Business Women’s Association
Duane Crock
Tim Dengler
Charlie Pasker
Chuong Garden
Pasker
Asond
Bureau of Labor Statistics
Diversified Software Industries
Kevin Kelly
Union Planters
By Sarah Strandberg
PepsiCo
Columbus McKinnon
Comel Fedi
Procter Gamble
Deere Co
Qwest Commun
Dillards Inc
RF Micro Devices
Raicorp Holding
Fastenal Co
Featherlite Inc
Fiserv
Saks Inc
Genencor Intl Inc Wa
Sealed Air
Gen Mills
Skyworks Solution
Gillette Co
Tanger Factory
Terex Co
Heartland Exp
Heinz
Toyota Met
Oat Hon Inds
Intl Paper
Old Fire Cas
Keane Inc
US Bancorp US Cellular
Kohls Corp
Longon
Unova Inc
Macc Pro Eat
Verizon Comm
Marsh & McLennan
WalMart
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!