Stocks end week mixed as investors lock in gains
Wall Street closed choppy with the Dow at 10,568.29 down 54.89 and the Nasdaq at 2,123.87 up 4.86. Analysts blamed profit taking but saw no negative signal as earnings, rates, housing, and jobs data supported a solid start to 2004. Advancers led decliners about 7 to 6 on the NYSE for the week’s activity.
MENTIONED IN THIS ARTICLE
Wall Street
Barry Berman
Robert W. Baird & Co
Milwaukee
Berman
Dow Jones
New York Stock Exchange
Nichols named head of Terex Materials Processing and Mining
Terex Corp promotes Rick Nichols of Cedar Rapids to president of Terex Materials Processing and Mining. He will oversee Unit Rig trucks O K Mining shovels Cedarapids Simplicity Jacques and Canica businesses from Cedar Rapids. Nichols based in Cedar Rapids since 1999. wilsons closes stores cutting 100 outlets and 1000 jobs, none Iowa stores closing though.
MENTIONED IN THIS ARTICLE
Terex Corp
Rick Nichols
Cedar Rapids
Terex Materials Processing
Terex
O&k
Cedarapids Inc
Simplicity
Jacques and
Canica
Nichols
Terex Mining
Allied Signal
Wilsons the Leather Experts Inc
Wilsons
Coralville
Dubuque
Quad Cities
Williamsburg
Des Moines
West Des Moines
Iowa
Leather Apparel and Accessories
Brooklyn Park
Wal-Mart to pay 400000 in Clean Air Act settlement
Wal-Mart Stores and Sam's Club will pay a 400000 penalty and halt sales of ozone depleting refrigerants under a consent decree filed in federal court. The action resolves nationwide violations cited by the U S attorney and covers stores in Alabama Florida Georgia Illinois Iowa Minnesota Missouri New York Pennsylvania North Carolina and West Virginia.
MENTIONED IN THIS ARTICLE
Wal-Mart Stores Inc
Sam’s Club
Wal-Mart
U.S
Todd P. Graves
Alabama
Florida
Georgia
Illinois
Iowa
Minnesota
Missouri
New York
Pennsylvania
North Carolina
West Virginia
Gazette, News Service
Regions and Union Planters Merge to Form Southeastern Bank Powerhouse
Regions Financial Corp and Union Planters Corp announce a merger valued at about 6 billion dollars creating a regional banking powerhouse with 81 billion dollars in assets, 5.1 million customers, 1 400 branches and 1 700 ATMs across 15 states. The new company will be led by Regions chief Carl E Jones Jr and headquartered in Birmingham with Morgan Keegan brokerage and mortgage business based in Memphis.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
Regions Financial Corp
Union Planters Corp
Union Planters
Fices
Cedar Rapids
Coralville
Gilbertville
Monticello
Oelwein
Vinton
Waterloo
Arlington
Des Moines
Indianola
Urbandale
West Des Moines
Region Financial
Birmingham
Ala
Regions
Morgan Keegan
Memphis
Tenn
Carl E. Jones Jr
Union Planters Common
Union
Toyota Tops Ford as No 2 Global Automaker Behind GM
Toyota outsold Ford in 2003 to claim the world No 2 auto maker spot behind General Motors, with estimated 2003 unit sales of 6.78 million, up 9.9 percent from 6.17 million. Ford reported 6.72 million, down 3.6 percent from 6.97 million.
MENTIONED IN THIS ARTICLE
Marian Gzyl
Mich
Toyota Motor Corp
Ford Motor Co
General Motors Corp
Tokyo
Toyota
Ford
Shinya Matsumoto
Tomer
Matsumoto
Mazda Motor Corp
Dearborn
Mazda
Hino Motors
Daihatsu Motor Co
Daihatsu
Hino
Deere Dubuque Works hires and plans further recruitment
John Deere Dubuque Works has added about 150 employees over the past months and projects roughly 100 more hires this year amid rising demand and retirements. The plant employs about 950 workers and expects ongoing recruitment to offset attrition in both hourly and salaried ranks.
MENTIONED IN THIS ARTICLE
Dubuque
Dubuque Works
French bakery opens in Vernon Village with European flair
Croissant du Jour French Patisserie & Cafe plans March 1 opening at 3531 Mount Vernon Rd SE in Vernon Village. Owners Ian and Isabelle Cummings bring French baking experience from Europe and Chicago area restaurants. They will run kitchen and cafe front while expanding to a luncheon cafe to boost sales and maintain family time.
MENTIONED IN THIS ARTICLE
the Gazette
Vernon Village
Croissant du Jour
Mount Vernon Rd
Ian
Isabelle Cummings
Europe
France
Cummings
Chicago
Winifred
Isabel
Cedar Rapids
Isabelle
Mount Vernon
Barbara
Jim Piersall
Heartland Express reports 70 percent earnings jump in Q4
Heartland Express posts fourth quarter net income of 19.04 million up from 11.17 million aided by a 5.4 million favorable insurance reserve adjustment. Revenue rises 12 percent to 103 million. Full year revenue hits 405.1 million with EPS of 1.14, dividend started, debt-free with 202.4 million cash and equivalents.
MENTIONED IN THIS ARTICLE
the Gazette
Coralville
Heartland Express
Heartland
Also Mentioned on This Page
Nasdaq
Wilsons Leather
AP Stockquote
Local
Regions Financial
Japan
America
Dubuque Deere Works
Deere’s Construction and Forestry Division
Schrempf
Thomas Haley
Ial Services
Gary Speicher
Vernon Rd
S.E
Dewitte
Gazettecommunications.com
Valentine
Smulekoff
Third Ave
Downtown
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