Wall Street climbs on bargain bets with mixed gains
U.S. stocks rose as investors favored cautious bets on bargain shares. The Dow gained 71.57 to 10,649.81 and the Nasdaq added 82.48 to 2,840.39. Advancers outpaced decliners 5 to 2 on 1.22 billion shares traded on the NYSE. Eastern Iowa stocks showed 28 gains, 13 losses, seven unchanged with Fiserv, Deere, AEGON and Conexant rising while Toyota fell.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
Iowa
Fiserv
Deere
AEGON
Conexant
Toyota
Heartland Express posts modest Q4 gain and annual rise
Heartland Express of Coralville reports slightly lower fourth quarter earnings 7.9 million dollars or 31 cents per share for the quarter ended December 31. Revenue climbs to 70.3 million dollars. For 2000 the company earns 34.3 million dollars or 1.34 dollars per share on 274.8 million dollars in revenue.
MENTIONED IN THIS ARTICLE
Heartland Express
Coralville
Textron to lay off 3600 workers amid restructuring plans
Textron announced plans to cut more than 3,600 jobs, about 5 percent of its global workforce, as it restructures its automotive, fastening and industrial divisions. The company posted a fourth quarter loss of 218 million dollars on 3.3 billion in revenue, down from 2019. Decorah hosts a Camcar Textron fastener plant.
MENTIONED IN THIS ARTICLE
Textron Inc
Textron
Decorah
Iowa Pseudorabies Decline Reported by State Veterinarian
Iowa's pseudorabies eradication program is cutting infections. State veterinarian Dr. John Schiltz says infected sites have halved to 123 and infected herds down from about 600 to 171 since last year. The disease affects pigs but not humans.
MENTIONED IN THIS ARTICLE
Iowa
John Schiltz
Schiltz
Caterpillar Idles 2500 Workers In Production Pause
About 2,500 Caterpillar employees are temporarily out of work as Peoria based company shuts down Mossville truck engine plant and East Peoria track type tractor facility to align output with weakening North American demand. Divisions at both sites are to resume next week. Caterpillar, the leading heavy machinery maker, cited expected demand decline for the year.
MENTIONED IN THIS ARTICLE
Caterpillar Inc
North America
Eastern Iowa lung cancer project aims for centralized care center
Dr. David Cowden leads a Cedar Rapids initiative to improve lung cancer outcomes through comprehensive diagnosis and multidisciplinary care. A secure Web database, not-for-profit funding, and a Cedar Rapids lung center are planned, with hospital support and wide physician endorsement.
MENTIONED IN THIS ARTICLE
Cowden
Iowa
Internists PC
Cedar Rapids
University of Iowa Cancer Center
Checkoff debate rages at Iowa Pork Congress
Des Moines Iowa producers argued over NPPC support at the Iowa Pork Congress annual meeting Delegates rejected a proposal to end NPPC backing while discussing a Michigan led lawsuit and a pending USDA action A 25 cent Iowa checkoff remains in effect if the national program ends with a 18 month vote pending refunds and board removals for those seeking refunds through Thursday event at Veterans Auditorium Des Moines
MENTIONED IN THIS ARTICLE
USDA
Agricultural Marketing Service
Iowa
Park Association
Iowa Park Congress
Veterans Auditorium
Des Moines
Firstar Bank Iowa Leads SBA Loans in 2000
Gazette financial editor notes Firstar Bank Iowa in Cedar Rapids made 21 SBA guaranteed loans totaling 3.4637 million, the highest in the state. Black Hawk County Development and Iowa Business Growth Co. followed with 16 loans for 3.17 million and 4.716 million respectively, while Linn County issued 26 loans totaling 5.4202 million.
MENTIONED IN THIS ARTICLE
Firstar
Iowa City
Iowa
Black Hawk County Economic Development
Iowa Business Growth Co
West Des Moines
Cedar Rapids Financial Institutions
Wells Fargo Bank
Iown
Marquette Bank
Collins Community Credit Union
Commercial Federal Bank
Guaranty Bank and Trust
Iowa City Financial
Hills Bank and Trust Co
Iowa State Bank and Trust Co
Union Planters Bank
SBA
Minnesota
Linn County
Cedar
Chickasaw
van Buren
J C Penney plans to close about 50 stores nationwide
J C Penney Inc plans to close about 50 department stores and shutter an undisclosed number of Eckerd drugstores as new management works to turn around the retailer. Closings follow a review of sales performance with many shops closing this spring. Some employees may transfer to nearby Penney locations.
MENTIONED IN THIS ARTICLE
Plano, Texas
J.C. Penney Co. Inc
Eckerd
Penney
Westdale Mall
Cedar Rapids
Coral Ridge Mall
Coralville
Crossroads
Waterloo
Ers
Tim Lyons
Lyons
Web design firm launches GYS tools for small business
California based Enterprise Design Group with Cedar Rapids ties unveils GYS Web Builder WebTools and WebModules for non technical users. Prices range from 29.95 to 99.95 and target small offices with storefront database management and broadcast email capabilities.
MENTIONED IN THIS ARTICLE
Gazette Staff
Cedar Rapids
California
Cedar Rapids Connections
Enterprise Design Group
GYS
Also Mentioned on This Page
Djia
BioFacts
Mexico
Denmark
France
Germany
Sweden
East Iowa
C.R
By Dave DeWitte
Carlie Etscheidt
Mercy Medical Center
Linn
Johnson
Lowa
U.S
State Health Registry of
Lee’s
Iowa Pork Congress
Michigan Pork Producers Association
NPPC
Firstar Bank
George C. Ford
J.C. Penney
Management
VMF Capital, LLC
Ze RT UN Re Erly
EDG
Encinita, Calif
Randy Wittetoe
Encinita
Vittetoe
Seeny Kk
Investment Services of
Princor Financial Services Corp
Jerry K. Ask Investment Services
Princor
Hiawatha
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