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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Ichelle Beckman
Beckman
Louisburg High
Fastweb.com
MTV
Ayn Rand Institute
Kansas
Masonic Grand Lodge
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Antitrust Group
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C.R. WalMart
Southwest C.R. HandiMart
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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