Wall Street Drops On Disappointing Retail Outlooks
Stocks fell as investors braced for upcoming earnings, dented by weak forecasts from Home Depot and Sears and higher oil prices. The Dow dropped 148.27 to 13,501.70, the S&P 500 slid 21.73 to 1,610.12, and the Nasdaq declined 30.86 to 2,699.16 amid broader declines and more declining issues than advancers on the NYSE.
MENTIONED IN THIS ARTICLE
Home Depot
Sears
Alcon
Lexmark International Inc
Standard & Poor
New York Stock Exchange
SEC approves three letter tickers for NYSE members moving to Nasdaq
The SEC approves allowing NYSE listed firms that switch to Nasdaq to keep their three letter stock symbols. The rule does not affect firms with one or two letter NYSE symbols and will not enable Nasdaq to list new three letter tickers.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
New York Stock Exchange
Iowa City Named Among Best Towns by Outside Magazine
Outside Magazine includes Iowa City in its August Best Towns in America feature highlighting Sugar Bottom Recreation Area Indian Prairie Lights bookstore and diverse eateries. The edition notes Iowa City ranked No. 10 among top college towns in a September 2003 story.
MENTIONED IN THIS ARTICLE
Lowa City
Outside Magazine
America
Towa City
Sugar Bottom
Prairie Lights
Iowa City
Home Depot cautions on 2007 earnings after HD Supply sale
Home Depot, after selling its wholesale HD Supply unit, lowers fiscal 2007 earnings outlook citing housing weakness. The Atlanta company also announced a tender offer for 250 million shares at 39 to 44 dollars per share as part of its capital actions.
MENTIONED IN THIS ARTICLE
The
Home Depot Inc
Gazette and Wire
Gas Price Survey in Corridor Shows Varied Rates
A random survey records gas prices across the Corridor as of yesterday afternoon. Prices are rounded to the nearest cent, with averages and local low price noted for 2006.
MENTIONED IN THIS ARTICLE
Corndor
Westdale Mall sale clears path for future plans in Cedar Rapids
Cedar Rapids Properties Inc. the sole bidder at a sheriff's sale paid 19 million for Westdale Mall, a move the lender says enables ownership transfers and sparks optimism for redevelopment. The mall shows a high vacancy rate and awaits a city led study and potential new management by General Growth Properties after receivership.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Westdale Mall
Cedar Rapids Properties Inc
Wonder Park National Bank
Chicago
Linn County
Cedar Rap
Ids Properties Inc
Kevin Papp
von Maur
Papp
Bradley & Riley PC
Park National Bank No
H-N-W Associates
Los Angeles
Tom Slattery Jr
Heritage Property Management
Community Savings Bank
Slattery
National Mall
General Growth Properties Inc
Coral Ridge
General Growth
Westdale
Best of both brands By George G Ford OQUNT
Mount Vernon dealer Lynch Ford Chevrolet Pontiac now combines Ford and General Motors brands in one building after relocating Lynch Chevrolet Pontiac from Anamosa. Dan Lynch notes franchise rules favor dealers and cites reduced overhead and expanded model choice benefiting customers. Joe Kirby adds Mount Vernon service improves for Anamosa customers who can now drive in for maintenance without appointments.
MENTIONED IN THIS ARTICLE
Duane Crock
the Gazette
Joe Kirby
Dan Lynch
Ford
General Motors
Highway 30 W
Mount Vernon
George G. Ford
Gazette Oqunt
Vernon
Lynch Ford
Lynch Chevrolet Pontiac
Anamosa
United States
Iowa
Lynch Ford Chevrolet Pontiac
Chevrolet
Pontiac
Lynch
Gary
Jason Junge
Kirby
Health program aims to spur growth in northern Iowa
The North Central Iowa Alliance launched a three year pilot to subsidize health care for new entrepreneurs in Cerro Gordo Floyd Franklin Hancock Mitchell Winnebago and Worth counties. The Helping Entrepreneurs Launch plan offers up to 350 dollars a month for up to three years to cover health costs, hoping to reverse a population decline and boost job creation in the region led by Mason City and the John Pappajohn Entrepreneurial Center at NIACC.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
North Central Iowa Alliance
Jamie Zantos
John Pappajohn
Northern Iowa Area Community College
Mason City
Cerro Gordo
Floyd, Franklin, Hancock, Mitchell, Winnebago
Worth Counties
Door to door security sales lead to unlicensed contract
Saturday Raleigh resident Scot Scheuring signed a three year 1600 dollar monitoring deal with Firstline Security not licensed in North Carolina. He believed neighbor referrals and cellular connection touted by the rep, who wore a Firstline shirt. After checking, he learned Firstline is an Utah reseller tied to Alarm.com. Officials note license pending. firm says states often allow initial operation before licensing is complete.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
Buaiu Uuwin Scheuring
Firstline
Scheuring
Firstline Security
Orem
Utah
Alarm.com
Monitorng
Sullivan
Also Mentioned on This Page
Wall Street
SEC
I.C
1St Ave
Lothi St
Vihainis Bivd
Casey's
Rigk, Smith
Gazettecommunications.com
U.S. Census Bureau
Michael Morrison
North Iowa Area
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