Wall Street Edges Higher Ahead of Jobs Data
The Dow rose 57.06 to 8504.06 the S&P 500 gained 4.01 to 923.33 and the Nasdaq added 10.68 to 1845.72 as markets opened the third quarter with modest gains while awaiting Friday’s jobs report. Iowa liquor sales hit a record 104 million in the last year, up 18.4 percent from the prior year amid flood recovery and a shift toward spirits.
MENTIONED IN THIS ARTICLE
Standard & Poor
Iowa
Iowa Alcoholic Beverages Division
Lynn Walding
General Mills posts rising sales and strong quarterly profit
General Mills reported a higher fiscal fourth quarter profit as Cheerios and other top brands boosted sales. The company lifted its 2010 outlook, citing moderating ingredient costs after a period of record corn prices, with Q4 earnings at 258.8 million dollars or 1.07 per share.
MENTIONED IN THIS ARTICLE
General Mills Inc
General Mills
Sears offers aid plan for unemployed Citibank Sears card holders
Sears Holdings Corp announces a program to modify payments for customers who lost their jobs. To qualify buyers must have spent at least 399 dollars using a Citibank Sears card. The program runs from July 6 to August 1.
MENTIONED IN THIS ARTICLE
Sears Holdings Corp
Citibank
Sears
Ford revives Taurus with 2010 redesign and family friendly features
Ford executive Flaherty in Cedar Rapids discusses the 2010 Taurus as the company’s future flagship. She highlights My Key parental controls and the new car’s safety, technology, and four trim levels with prices from 25 995 to 37999. Alan Mulally backs the model’s strategic importance.
MENTIONED IN THIS ARTICLE
Flaherty
Ford Motor Co
Alan Mulally
Ford
Boeing
Cedar Rapids
America
Quaker Cedar Rapids Plant Honors Flood Workers with Stone Monument
A 5-foot black stone monument featuring the Cedar River crest and the motto Cedar Employees Delivered Amazing Resiliency is installed at Quaker Snacks & Foods plant after last summer’s flood. Don Chizek says the tribute honors the 700 workers who rebuilt in 3 weeks, despite initial doubt from executives.
MENTIONED IN THIS ARTICLE
George C. Ford
Edar Rapids
Quaker
C.E.D.A.R
Cedar
Don Chizek
Sllall
Mark Schiller
Quaker Snacks & Foods
Chizek
Schiller
Cliff Jette
Shannon Meyer
Cedar Rapids Area
Cedar Rapids
Midwest economy shows improvement amid ongoing job losses
A nine state Midwest and Plains survey finds the Mid-America Business Conditions index rising to 49.3 in June from 46.6 in May, the highest since September, while the employment index nudges to 41.4 as states report continued job cuts and rising unemployment. The region, covering Arkansas to North Dakota, indicates inflation pressures may rise by mid 2010 and optimism climbs to 67.7 for six months ahead.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Midwestern
Plains
Creighton University
Ernie Goss
Arkansas
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota
Oklahoma
South Dakota
Goss
Investment policy statements guide money strategy
Investors ask whether to sell or stay the course and assess risk. A policy statement sets goals, time horizon, liquidity needs, tax strategy, and asset allocation. It helps retirees avoid excessive risk and keeps portfolios aligned with plans and comfort levels.
MENTIONED IN THIS ARTICLE
Raymond James Financial
Laura Kuntz
Kay Kramer
KLB Financial
Edina
Kuntz
Kramer
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McGuire ON
MONEY
Kara McGuire
Minneapolis Star Tribune