Dow stalls near 8000 as tech leads Nasdaq gains
The Dow Jones dips 37.32 to 7858.49 after early 55-point rise, while the Nasdaq reaches another record close led by big-name tech stocks. Volume hits 518.78 million shares. Eastern Iowa stocks show mixed results with 16 gainers, 23 decliners, four unchanged.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
New York Stock Exchange
Iowa
Penwest
Western Atlas
Mercantile
Quaker Oats
Balcorp Holdings
BarrickGold
Industrial
PlacerDome
E Transport
GenlElecs
A Finance
Office Depot
Philip Morrs
American Stock Exchange
Royal Oak
CdnOcci
Cisco
Intel
Amex
Che
Biotech
Standard & Poor’s Finance
Wilshire Associates
Total
Ource
Associated Press
Regulators approve British Telecom bid for MCI deal
The Justice Department cleared the $20.8 billion takeover of MCI Communications by British Telecom, subject to safeguards. The merger, if approved by FCC and state regulators, would form Concert with about 43 billion in revenue and 43 million customers in 72 countries, second to AT&T.
MENTIONED IN THIS ARTICLE
Washington
MCI Communications
U.S
Justice Department
MCI
Cedar Rapids
Iowa City
Sergeant Bluff
Federal Communications Commission
California
Concert
Weed Control Challenges Rise in Iowa Crops
Iowa farmers report rapid corn growth complicating cultivation while soybeans cover ground. Waterhemp weeds persist as growers respray. detasseling begins July 12 for early corn and July 20 for later varieties. Corn tasseling starts late July to early August. 1 percent of corn tasselled. average height 47 inches.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Gazette Rural Affairs
Iowa
Bruce Mehlert
Tama Benton Co-op
Dysart
Mehlert
Iowa Crops & Weather Report
Judge urges FERC approval for IEC merger
Administrative law judge Bruce Birchman recommends FERC approve the proposed Interstate Energy Corp merger of IES Industries Interstate Power and WPL Holdings. The order cites approved conditions to curb market power concerns. Regulators in Illinois Minnesota have already approved. Iowa Wisconsin review continues with a year end ruling anticipated.
MENTIONED IN THIS ARTICLE
George C. Ford Gazette
Federal Energy Regulatory Commission
IES Industries
Interstate Power
WPL Holdings
Interstate Energy Corp
Bruce Birchman
FERC
Lee Liu
Birchman
Liu
IEC
Illinois
Minnesota
Iowa
Wisconsin
Chrysler to recall over 1.6 million vehicles this summer
Chrysler Corp will recall more than 1.6 million cars and trucks for seven safety fixes including faulty air bag controls and lift gate support bolts. Recalls cover 1994 to 1997 Ram pickups and vans, Jeep Grand Cherokee and Wrangler, Neon, Viper, and various Dodge Plymouth models with issues from air bag ECU failures to fuel lines and seat belt components. Owners will be notified by mail and urged to contact dealers for service.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Chrysler
Dodge
United States
Dodge and Plym
Animals Arrive as Delaware County Fair Opens Activities Begin
Livestock unload as 450 4-H and FFA members prepare for judging and shows at the Delaware County Fair. Pets, poultry, rabbits, horse events, and the 1997 4-H King and Queen will be featured with free admission today and a $5 gate on subsequent days. Brothers Andy and Brad LeClerc earned ribbons for dream catchers and baked goods in the fair's opening events.
MENTIONED IN THIS ARTICLE
Delaware County
Marlene Lucas
Manchester
Delaware County Fair
Shirley Helmrichs
FFA
Beverly Kaye
Brad
Andy
Brad LeClerc
M&m
Flaming Arrows
Also Mentioned on This Page
Montgomery Ward & Co
Waterloo
Ward
Delaware
Independence Plant
ABT Building Products Corp
Rentech Plastics
Independence
Hopkinsville
Joseph O’neill
ABT
Neenah
Wis
KLM
Royal Dutch Airlines
Air U.K. Holdings Ltd
British Air Transport Holdings Ltd
Treasury
Treasury Department
Federal Reserve
Caetail
Regulators
British Telecom
FCC
Atlantic
At&t
Colts
Eagle Summits
Chrysler Sebring
Clancy
Ai Seco
Etre
Gringo’s Pta
NYT
Are
Greene Square Park
Cydnoge
Hoto
Marlene
Exparruance
Dubuque
Electrical Contractors
Ise
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