Stocks slip as quarter ends and markets cool
Wall Street closed the second quarter with modest declines led by the Dow 3.6 points lower at 8985.44 while the S&P 500 eased to 974.50 and the Nasdaq to 1622.80. The quarter showed gains for the major indexes, with the S&P up 14.9 percent and the Dow up 12.4 percent. Volkswagen Mexico plans 2000 layoffs and production cuts of 23 percent as Jetta and New Beetle demand falters outside the U.S. Government short-term Treasuries posted higher yields in a Monday auction. The National Milk Producers Federation delayed a decision on a proposed voluntary milk supply reduction amid dairy farmers’ opposition.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
Volkswagen AG
Puebla
Mexico
Volkswagen
United States
Wisconsin
National Milk Producers Federation
Susan Mora
Goodyear Shares Sink After Steelworkers Rejection
Goodyear Tire and Rubber shares fell over 6 percent after Steelworkers union members rejected a proposed contract and talks ended. Analysts say a strike remains unlikely as it could bankrupt the company, which posted a record 1.1 billion dollar loss for the last fiscal year.
MENTIONED IN THIS ARTICLE
Goodyear Tire & Rubber Co
Steelworkers
Goodyear
Alert system may aid war on terror in Iowa schools
Information Services USA markets its School Notification System used by Linn-Mar Community School District and more than 30 schools from New York to Washington. The system alerts parents by email, pager, or cell, with upgrades for voicemail and a commercial 4 Alerts product pitched to homeland security and government clients.
MENTIONED IN THIS ARTICLE
Information Services USA
New York
Washington State
Linn-Mar
Marion
Gary Warner
Iowa
Homeland Security
Stan Rogers
Rogers
Tem
Information Services
Sean Taylor
Strategic Learning Technologies
Hiawatha
Emil's Delicatessen Moves to Bank Building
Emil's Delicatessen relocates from the YMCA building to the basement level of 115 Third St. SE two blocks south, expanding seating from 50 to 112 and keeping a familiar menu of soups sandwiches and salads. Owner Dave Allick notes a larger, nicer space while preserving the family operation.
MENTIONED IN THIS ARTICLE
Tom Fruehling
Gazette
Cedar Rapids
YMCA
Emil’s Delicatessen
U.S. Bank
Third St
Third St. SE
Dave Allick
Deb
Bob Carlson
Allick
Emil
Brian Ray
the Gazette
Deli
Iowa Firms to Join Russell 3000 Index Today
McLeod USA, Heartland Financial USA, and West Bancorporation are slated for inclusion in the Russell 3000 index effective today. The list finalizes July 9, with index-minded funds potentially lifting demand for these Iowa Amex stocks as the top 3 000 U.S. stocks by market cap are ranked.
MENTIONED IN THIS ARTICLE
Dave DeVitt
McLeod USA
Iowa
Frank Russell Co
Steve Claiborne
U.S
Heart
Land Financial USA Inc
Illinois
Wisconsin
New Mexico
West Bancorporation
Des Moines
Hawkeye State Bank
Iowa City
Claiborne
Russell
Heartland Financial
McLeodusa
WTBA
Iowa corn and soybean crop update shows strong weekly growth
Iowa Agricultural Statistics reports corn up 12 inches in a week with a tallest 51 inches in the southwest crop district. Soybeans 80 percent good to excellent, oats 92 percent headed, hay first cut 95 percent done. Rainfall averaged 2.17 inches statewide with moisture levels varied. topsoil and subsoil moisture generally adequate.
MENTIONED IN THIS ARTICLE
the Gazette
Iowa
Iowa Agricultural Statistics
Omaha Council Bluffs
Oskaloosa
Indianola
East Central
Linn
Johnson Counties
Maytag to Sell China Venture Stake to French Firm
Maytag Corp signs an agreement to sell its 50.5 percent stake in the Hefei Rongshida Maytag joint venture to Elco Holdings Ltd of France. Rongshida will buy an additional 25 percent, leaving 24.5 percent with Rongshida. Details and regulatory approvals pending.
MENTIONED IN THIS ARTICLE
Newton (Ap
Maytag Corp
China
Maytag
Hefei
Elco Holdings Ltd
France
Elco
Hefei Rongshida Group Co
Hefei Rongshida
Rongshida-Maytag
Also Mentioned on This Page
DOW
Treasury
Treasury Department
Clayune
AP Stockquote
Local
Hiawatha Firm
Dave DeWitte
Emil’s
Theresa Chapel
Bank Awaunina the
Operateu Llg
Ees
West Side Grocery
Dave
Christiane
Dianne
Joe Dytrt
Third Street
University of Iowa
Vinca
Nathan
Chris
Adam
China Venture
Amana
Hoover
Columbus McKinnon
PepsiCo
Procter Gamble
Come Fedi
Qwest Commun
Deere Co
Dillards Inc
RF Micro Devices
Fastenal Co
Raicorp Holding
Featherlite Inc
Rockwell Collins
Fiserv
Saks Inc
Genencor Inti Inc
Sealed Air
Gen Mills
Skyworks Solution
Gillette Co
Tanger Factory
Heartland Exp
Terex Co
Heinz
Toyota Met
Union Planters
Hon Incis
Wells Fargo & Co
Weyerhauser
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