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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 20, 2006

Page

16

Stocks rebound after AMD outlook boosts market gains

The Dow rose 25.85 to 10,880.71 and the Nasdaq added 22.17 to 2,301.81 as stocks turned higher after Advanced Micro Devices issued a bright first quarter forecast. An antitrust group urged the DOJ to block Whirlpool's proposed Maytag merger, citing potential market concentration.

Advanced Micro Devices Inc AMD Intel Yahoo New York Stock Exchange U.S. Justice Department Whirlpool Corp Maytag Corp American Antitrust Institute Washington, D.C U.S Tom Harkin Leonard Boswell Iowa Justice Department

Iowa Unemployment Drops to 4.5 Percent in December

Iowa posted a seasonally adjusted unemployment rate of 4.5 percent in December amid record payroll employment. Workforce Development Director Richard Running credited strong non-farm job growth and a drop from 4.8 percent in November, with 1,581,300 Iowans employed in December, down 5,400 from November but up 35,200 from December 2004. The national rate fell to 4.9 percent from 5.0 percent.

Iowa Richard Running

Mortgage rates ease for sixth straight week Freddie Mac says

Freddie Mac reports 30 year fixed rates at 6.10 percent, down from 6.15 percent last week. Fifteen year fixed rates average 5.67 percent, down from 5.71 percent. One year adjustable rates rise to 5.18 percent, and five year hybrid ARMs fall to 5.75 percent. Gazette and wire reports.

Freddie Mac Gazette and Wire Reports

Gas Price Survey in Corridor After Yesterday Afternoon

A random survey records gas prices in the Corridor as of yesterday afternoon with prices rounded up to the nearest cent near Ave Coralville.

Wal-Mart Expands in Marion and Independence Iowa

Wal-Mart opens large Supercenters Monday in Marion and Independence Iowa at 7 am. Marion store at Highway 13 and 151 offers 204000 sq ft and over 4000 applicants for 340 jobs. Independence store on Enterprise Drive replaces an older location, doubling size with about 200 employees. Grand openings include community grants of 15150 and 35000.

the Gazette Wal- Mart Wal-Mart Marion Independence Highway 13 Highway 151 Iowa Scott Niernberger Niernberger Papa Murphy’s Enterprise Dr. S 20Th Ave Shawn Phelps Phelps Iowa City Murphy USA

Spend-to-save cards expand as Americans struggle to save

Americans ran negative savings in June to August as spending outpaced income. Banks and issuers roll out spend-to-save programs like Bank of America's keep the change and American Express One to boost savings, while experts warn they may not replace genuine saving habits and can entice debt if not managed carefully.

Bank of America Corp American Express Co Greg McBride Bankrate.com North Palm Beach Fla McBride Travis Plunkett Non Consumer Federation of America Advocacy Group Washington Plunkett

Collins expansion gains Iowa tax credits for 14.2 million build

Rockwell Collins wins High Quality Jobs Creation tax incentives to construct a 14.2 million building on its Cedar Rapids campus. The project creates 275 engineering jobs at average pay of 36.08 dollars per hour and may qualify for partial city property tax relief. Construction starts in spring on the antenna farm area as expansion boosts local supplier opportunities.

Dave DeWitt The Gazette Iowa Rockwell Collins Cedar Rapids Iowa Department of Economic Development Board Collins Mark Seckman Priority One Nancy Welsh C Avenue Seckman Linn County

Preparation pays off in the hunt for scholarships

High school senior Michelle Beckman turned scholarship searching into a full time effort, logging notes and deadlines at Louisburg High School Kansas. She earned more than 25000 dollars in scholarships including 4000 from a Kansas Masonic Grand Lodge prize while targeting national and local contests.

Ichelle Beckman Beckman Louisburg High Fastweb.com MTV Ayn Rand Institute Kansas Masonic Grand Lodge

Also Mentioned on This Page

Wall Street Antitrust Group Maytag R Ave Coralville 1St Ave 15Th St C.R. WalMart Southwest C.R. HandiMart Dubuque & Market J.C By Dave DeWitte Maryland Hawkeye Labor Council Alan Bernard Wal-Marts Bernard David.dewitte Corr Eileen Alt Powell Consumer Federation of America Jim Slosiarek State Oks Gazettecommunications.com Steve Rosen Kansas City Star
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