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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 29, 2000

Page

17

Charles Johnson resigns as Pioneer Hi-Bred chief in DuPont merger

DuPont confirms 62 year old Charles Johnson resigns effective February 1 after serving as Pioneer Hi-Bred president and CEO and later DuPont executive vice president. Johnson joined Pioneer in 1993 and led Pioneer as president and CEO from 1995 until the merger with DuPont.

Charles Johnson DuPont Pioneer Hi-Bred International Inc Johnson Pioneer Clifton Webb

Gillette posts drop in profit and sales in Q4 1999

Gillette reported a 1999 fourth quarter net income of 339 million dollars, down from 435 million a year earlier, with earnings per share sliding to 32 cents from 39 as sales fell to 3.04 billion from 3.18 billion. The Boeing engineers union threatens a strike if a new contract is rejected, with vote due next Wednesday. Rockwell Collins in Cedar Rapids supplies avionics to Boeing.

New York Stock Exchange U.S Securities and Exchange Commission Gillette First Call Thomson Financial Boeing Co Boeing Society of Professional Engineering Employees In Aerospace Rockwell Collins Cedar Rapids Mark Suwyn Louisiana-Pacific Ward Hubbell Suwyn

Dow Jones sinks as inflation fears spark market rout

Wall Street grimmed on Friday as inflation signals prompted a broad selloff. The Dow dropped 289 points to 10,738 with GE GM and J P Morgan pulling the index lower, while the Nasdaq tumbled 152 points and the S&P 500 fell 38. Investors eyed Fed rate increases next week to curb inflation, dampening borrowing and growth prospects.

Dow Jones General Electric General Motors J.P. Morgan Dow Qualcomm Intel Oracle Standard & Poor

Rockwell Collins Benefits from Iowa Alumni Recruiting Push

Rockwell Collins in Cedar Rapids hired two engineers from the Los Angeles area as part of Iowa recruitment efforts tied to Gov. Vilsack's California trips. The initiative, backed by the Human Resource Recruitment Consortium, has drawn thousands of responses and several hires, with ongoing mailings to 215,000 out-of-state alumni and a SmartCareer Move site.

Iowa Vilsack SmartCareer Move Smartcareermove Iowa Department of Economic Development

Wisconsin snow blowers recalled over fuel leaks

The Ariens Co recalls 27 000 snow blowers including Ariens and Lesco models due to fuel-line leak risk. Units from 1997 to 1999, sold July 1997 to January 2000 for 450 to 560 dollars. Stop using them and return to a dealer for free repair.

Brillion Wis Wisconsin U.S. Consumer Product Safety Commission Ariens Co Ariens Lesco

Surging economy sparks inflation fears and wage rise

The U S economy finished 1999 strong with GDP up 4 percent for the year and a 5.8 percent surge in Q4. Wages and benefits rose 1.1 percent in the quarter, fueling inflation worries as employers bid up pay to attract scarce labor. The stock market fell as analysts warned about higher interest rates.

Washington U.S Wall Street Commerce Department Clinton White House Richard Yamarone Argus Research Corp Labor Department Federal Reserve Alan Greenspan

Smithfield completes Murphy Family Farms acquisition

Smithfield Foods Inc. closes its purchase of Murphy Family Farms of Rose Hill North Carolina for 253 million in stock and about 203 million in debt plus liabilities The Iowa resolve blocked a sale of Iowa assets via a temporary injunction pushed to be permanent and Murphy sells its Iowa contract farming assets to a former manager while Smithfield provides documents to Iowa officials

Norfolk, Va Smithfield Foods Inc Murphy Family Farms Rose Hill N.C Smithfield Foods Murphy Farms Iowa Michael B. Miller Smithfield Miller

Also Mentioned on This Page

SEC Monsanto Monsanto Co Pharmacia & Upjohn Inc Pharmacia Corp Upjohn Pharmacia Searle Peapack N.J BizFacts Energy Trends New York Fed Barry Berman Robert W. Baird & Co NYSE Weyerhaeuser Procter & Gamble U.S. Cellular McLeodusa AEGON Fiserv George C. Ford Thomas Hobson Iowa Companies The Iowa Workforce Development, Communities and Educational Institutions George Ford Georgef TRX Inc Oelwein Iown S. Frederick Trxine Bob Brammer ICCU Wwwiccu.org NCAA Iowa Community Credit Union 4Th Ave
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