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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 21, 1992

Page

21

Iowa employers report skilled labor gap not general shortage

Eastern Iowa employers say the shortage is not in overall unemployment but in specific technical skills. Quaker Oats and General Mills cite electricians and machinists as hard to hire while Kirkwood Community College notes targeted on‑the‑job training. NAM Towers Perrin findings show high rejection rates for basic skills and reading, math, and problem solving weaknesses across U.S. manufacturers.

Iowa the Gazette Ken Dykes Quaker Oats St. Louis Des Moines Kansas City Quad Cities Lon Olejniczak Kirkwood Community College Olejniczak Cedar Rapids Kelly Hanick General Mills National Association of Manufacturers NAM Towers Perrin

NASD early session trades light as European demand eyed

Trading volume in NASD's Nasdaq International session was tiny at 106,800 shares versus over 130 million in the regular OTC day. A string of global finance notes follows from oil training visits, corporate restructuring, farm diplomacy, and real estate vacancy trends.

New York National Association of Securities Dealers

Cedar Rapids Rail Co Offices Take Shape In New Complex

Progress on a 600000 square foot Cedar Rapids building at 12th Street and Wilson Avenue SW advances for Cedar Rapids and Iowa City Railway Co CRANDIC IE Barge Services and IEI Container Services. Completion is slated around March 1. Mike Tomash of Iowa City from Olympic Wall Systems welds supports for windows.

Ryan Construction 12Th Street Wilson Avenue Cedar Rapids The Cedar Rapids and Iowa City Railway Co Crandic Ie! Barge Services IEI Container Services Mike Tomash Iowa City Olympic Wall Systems Des Moines

Raytheon posts 9.9 percent quarterly earnings gain

Raytheon Co reports 9.9 percent jump in Q4 1991 earnings to 157.8 million or 2.37 per share on 2.42 billion in sales. Full year profits reach 591.8 million or 8.95 per share on 9.27 billion in sales. Backlog stands at 5.75 billion. Raytheon cites commercial diversity and cost cuts including 5,000 job reductions.

Lexington, Mass Raytheon Co Raytheon Cedarapids Inc Amana Dennis Picard Congress Pretax

Metropolitan Life to Buy Executive Life in $70 Million Deal

Metropolitan Life Insurance Co has agreed to acquire roughly half of Executive Life Insurance Co of New York for up to 70 million dollars. The deal, awaiting court approval, would transfer annuity and life operations with about 1.4 billion in combined assets and restore 100 cents on the dollar to about 100 000 policyholders while remaining under regulatory oversight.

NEW York Metropolitan Life Insurance Co Executive Life Insurance Co Wall Street Journal Metropolitan Executive Life Executive Life of First Executive Corp Journal The California

Quietest market session drags Dow and stocks lower

Stock prices drifted in the quietest session of the year with the Dow down to 3,254.03 after a 10.95 drop. Volume on the New York Stock Exchange eased to about 180.87 million shares as investors weighed higher rates and shifts from growth to cyclicals while MLK day closures limited activity.

NEW York Treasury London U.S Martin Luther King Jr The Associated Press and Gazette New York Stock Exchange Iowa Equitable of Wal-Mart Raytheon United Technologies Gillette Procter & Gamble U.S. Surgical Coca-Cola Home Depot International Game Technology Upjohn New York Times Halcion UAL

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