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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 08, 2005

Page

16

Stocks rise after London terror attacks and US calm

Markets closed higher as investors drew reassurance from no credible US threat. The Dow jumped 31.61 to 10,302.29 and the Nasdaq gained 7.01 to 2,075.66 while Alcoa reported higher quarterly profit and Home Depot announced Nashville convenience-store pilots. Mortgage rates edged up with 30-year at 5.62 percent.

Wall Street London Homeland Security United States New York Stock Exchange Freddie Mac East Iowa APAC Aegon NV Mestek Alcoa Inc Nash Finch Alliant Energy Pearson PLC Arch Dan Mid Bandag Inc Penford Corp PepsiCo Caseys Gen Store Procter & Gamble Columbus McKinnon Qwest Commun Comel Fedi RF Micro Devices Deere Co Dillards Inc Ralcorp Holding Regions Frei Fastenai Co Rockwell Collins Featherlite Inc Saks Inc Fiserv Sealed Air Gen Mills Skyworks Solution Gillette Co Tanger Factory HM Corp Terex Co Heartland Exp Toyota Met Heinz Uld Fire Cas Intl Paper US Bancorp Keane Inc US Cellular Kohls Corp Anova Inc Longon File Verizon

Retailers hesitant to add discounts in big-ticket items

Industry analysts say discounts for cars are unlikely to spread to boats, furniture, and other big-ticket goods. They note automakers push incentives to boost slow sales, while retailers already discount aggressively and use promotions like zero percent financing.

New York U.S Scott B. Krugman National Retail Federation Detroit Richard Hastings Bernard Sands General Motors Corp Ford Motor Co DaimlerChrysler AG Chrysler Group

North American concert tours see ticket sales slide in first half of 2005

Pollstar reports 14.5 million tickets sold for the top 100 tours January through June, with $730.9 million in gross receipts down 17.2 percent from a year earlier. The average ticket fell to $50.27, while acts like U2 posted high prices and Chesney led in tickets sold.

Los Angeles Pollstar Gary Bongiovanni North America Bongiovanni Kenny Chesney Chesney Elton John The Eagles Motley Crue Cher Jimmy Buffett AP Shakira New York Bryant Park ABC

Fin & Feather store renamed to Great Outdoor Traditions Cedar Rapids

Cedar Rapids store Fin & Feather at 3338 Center Point Rd NE has been sold to G.O.T. LLC led by Matt Schrantz and renamed Great Outdoor Traditions. Owner Roger Mildenstein will keep the Iowa City location at 125 Highway 1 West. grand opening planned for August 12 with staff growth and expanded inventory.

George C. Ford Cedar Rapids Fin & Feather Center Point Rd G.O.T. LLC Matt Schrantz Schrantz Roger Mildenstein Gander Mountain Sports Scheels Coral Ridge Mall

District plans retail incubator in Cedar Rapids downtown

The Cedar Rapids Downtown District advances The District project a retail incubator at the former Osco space 207 Second Ave SE with plans to open November 1. An open meeting will discuss design fundraising and volunteer needs as Four Oaks pursues a downtown store and pharmacy in part of the building.

Dave DeWitte Gazette Osco Cedar Rapids Second Ave Jamie Licko Second Avenue Four Oaks Scott Olson Olson Licko Creative Council John Osaka Matt Cervantes Tiffany Earl Justin French Elizabeth Hladky Jim Miller Joanne Nolte Renee Nelson

Farm bill debate highlights regionalism at summit

Ames economists urge targeted rural development over blanket commodity payments. Drabenstott of the Kansas City Fed warns payments stagnate economies and urges emphasis on entrepreneurial climate and university research to energize regions such as Indiana and Iowa.

Marlene Lucas Gazette Ames America Mark Drabenstott Center For the Study of Kansas City Federal Reserve Bank Drabenstott Uni Purdue University Indiana Iowa Patty Judge Judge Drabenstatt

Also Mentioned on This Page

Nasdaq ORY Alcoa Quad Cities Thomson Financial Home Depot Home Depot Inc Nashville, Tenn Home Improvement Paula Smith Smith 1St Ave 15Th St E. C.R Wal-Mart Southwest C.R Duhune & Clinton Coralville Bill Cody Baker Retailing Initiative University of Pennsylvania Wharton School Cody Goncert C.R. Sporting Goods Mildenstein Linda George.ford Gazettecommunications.com David.dewitte Gazette Communications Marlene.lucas Gazette Communications.com
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