Dow rebounds from five-session skid to end higher
The Dow Jones rose 84.66 points to 6740.74 after a five-session decline, with 19 advancing stocks to 15 decliners on the NYSE and volume of 496.37 million shares. GE gained 3 to 103, General Mills up 1 to 67, Penwest up 1 to 19 while AEGON fell 1 to 63 and APAC TeleServices dropped 1 to 35.
MENTIONED IN THIS ARTICLE
Dow
New York Stock Exchange
Iowa
General Electric
General Mills
Penwest
AEGON
Apac TeleServices
St Industrial
PepsiCo
PECO
Compusa
Vor American Stock Exchange
Viacomb Nabor
EchoBay
Ciscos
Oracle
Caigene
DOW Jones
Amex
Ind
Rene
Standard & Poor’s
Financi
Indust
Transpt
Telecom
Wilshire Associates
Associated Press
Judge Limits DeCoster Lawsuit in Iowa Hog Farm Case
A Wright County judge ruled the state may not add more than four alleged environmental violations to its ongoing suit against DeCoster Farms of Iowa. The case covers six sites in Hardin Wright and Hamilton counties and could influence a separate pending action.
MENTIONED IN THIS ARTICLE
DeCoster Farms of
Iowa
Wright County
DeCoster
Hardin
Wright
Hamilton
VoiceStream Launches Iowa PCS Network Des Moines
Digital network VoiceStream Wireless debuted its personal communications services in Des Moines as the state’s first entirely digital wireless system. The Issaquah based company, part of Western Wireless, plans Eastern Iowa expansion this year while rivals Sprint PCS US West and others announce western Iowa and Cedar Rapids deployments for spring and year end.
MENTIONED IN THIS ARTICLE
VoiceStream Wireless
Des Moines
Iowa
VoiceStream
Issaquah, Wash
Government Auction Sells Inflation-Indexed Treasury Notes
The government sold 7 billion in inflation indexed 10 year Treasury notes designed to shield investments from inflation. Issued in 1000 minimum denominations with 3 percent coupon, the notes adjust principal twice yearly by the CPI. If inflation climbs 3 percent, a 1000 note could rise to 1030.
MENTIONED IN THIS ARTICLE
Treasury
Labor Department
MidAmerican to cut rates in Iowa by nearly 130 million
MidAmerican Energy Co and the Office of Consumer Advocate announce a 130 million dollar rate reduction affecting Eastern Iowa including Iowa City and the Quad Cities. The plan phases in a 33.7 million dollar annual cut, mainly for residents, with 50 percent of earnings above a 12 percent return to be passed to customers.
MENTIONED IN THIS ARTICLE
Iowa
Associated Press and Gazette
MidAmerican Energy Co
Office of
Consumer Advocate
Iowa City
Quad Cities
James Maret
American
Iowa Utilities Board
Midwest Resources
Iowa-Illinois Gas and Electric
MidAmerican Energy
Maret
Prairie pothole region designated CRP priority area
The Agriculture Department designated the prairie pothole region in Iowa Minnesota the Dakotas and Montana as a CRP priority area. This expands eligibility for environmentally sensitive land from central Iowa through Montana potentially preserving CRP contracts amid new erosion rules.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Northern Plains
Iowa
Minnesota
Dakotas
Montana
CRP
USDA
South Dakota
North Dakota
Red River Valley
Missouri River
New crop insurance expands to corn and soybeans
A new CRC policy protecting against price drops expands to corn and soybean growers in 11 states. American Agrisurance annotated the plan with FCIC board approval pending. The program, already offered for winter wheat and piloted in Iowa and Nebraska, will reach Kansas, Missouri, Colorado, Illinois, Indiana, Michigan, Minnesota, Ohio, Oklahoma, South Dakota, and Texas.
MENTIONED IN THIS ARTICLE
Washington
American Agrisurance Inc
Federal Crop Insurance Corp. Board
CRC
Rick Gibson
American Agrisurance
Council Bluffs
Agriculture Department
FCIC
Iowa
Nebraska
Kansas
Missouri
Colorado
Ilinois
Indiana
Michigan
Minnesota
Ohio
Oklahoma
South Dakota
Texas
AT&T Wins $5 Billion Pentagon Network Contract
The Defense Information Systems Agency awarded AT&T Government Markets a $5 billion fixed-price contract for a voice and data transmission network. The deal includes a one-year base with eight option years and aims to ensure control of the global DISN and boost competition by integrating commercial products.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Defense Information Systems Agency
At&t
Global Defense Information Systems
Biannual survey links higher land values to farm bill payments
The survey shows land values rising as farm bill payments are capitalized into prices. Top central Iowa farmland trades from 2400 to 2750 dollars per acre, with cash rents 10 to 20 percent higher than last year. ISU data also notes 1996 farmland values up 15.6 percent.
MENTIONED IN THIS ARTICLE
USDA
Dean Glock
Farmers National Co
Iowa
Iowa State University
Also Mentioned on This Page
Judge Limits DeCoster
Riancal Planners
Nic
MidAmerican
Iinois
Plains
Prairie Pothole
Jim Lucas
Farm Service Agency
Midwest Area
Washington, D.C
Omaha
Neb. Glock
Larry Hill
Webster City
1St Ave
Eis
IRS
NCAA
42Nd Street
14Th Avenue SW
First Avenue SE
The
Gazette
Cedar Rapids
Cae
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