Stocks Rise on Mergers and Oil Decline
Stocks extended gains for a third session as oil futures dropped and mergers news circulated. Oil fell over $1 a barrel after Hurricane Dennis disrupted Gulf refineries, while the Dow gained 70.58 to 10,519.72 and the Nasdaq rose 22.55 to 2,135.43, with advancers outpacing decliners.
MENTIONED IN THIS ARTICLE
Gulf of Mexico
New York Mercantile Exchange
New York Stock Exchange
Two Iowa Cities Named Finalists for Money Best Places List
Cedar Rapids ranked 87th and Urbandale 53rd among Money magazine's 100 finalists for the top 10 places to live in the United States. The selection emphasizes finances education access quality of life and cultural amenities after extensive data analysis and on site reporting. Moorestown New Jersey led the list as the top choice.
MENTIONED IN THIS ARTICLE
Iowa
Money Magazine
United States
Cedar Rapids
Urbandale
Moorestown
N.J
Money
Major U.S. airlines may return to profit in Q2
Analysts expect Continental Airlines and Alaska Air to report Q2 profits ending June 30. American Airlines may post both net and operating profit for the first time in four years after several quarters of losses and last year’s restructuring gains.
MENTIONED IN THIS ARTICLE
U.S
Thomson Financial
Continental Airlines Inc
Alaska Air Group Inc
AMR Corp
American Airlines
American
Treasury rates mixed on short term bill auction
Short term Treasury bills showed mixed results in Monday's auction with three month bills yielding lower rates and six month bills climbing to the highest levels since July 2001. The three month discount rate implied a 3.204 percent return with a $10,000 bill selling at 9,920.75 and six month at 3.460 percent on a bill likely to fetch 9,830.39.
MENTIONED IN THIS ARTICLE
Treasury
Truth Truck rallies against privatizing Social Security in Cedar Rapids
A senior group and Alliance for Retired Americans drive a Truth Truck with 1.2 million petition signatures opposing Bush privatization plans. Cedar Rapids hosts Bob King of the Iowa Council of Senior Citizens and volunteers who delivered signatures to Rep. Jim Leach.
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the Gazette
Cedar Rapids
Bush
The
Alliance For Retired Americans
Iowa Council of Senior Citizens
Bob King
Alliance
Iowa
Second
U.S
Jim Leach
Leach
King
Congress
Deere & Co
Midwest
Machinists
Hall
Prospect Pl
Bill Hickey
Duane Crock
Alliance For
Alice King
Ruth Nowadzky
Leland Nowadzky
Planning essential finances when a baby arrives
MarketWatch outlines first year costs and long term planning for new parents. Todd Mark of the Consumer Credit Counseling Service highlights immediate setup costs around 6200 dollars and advises health insurance, life coverage, and a 529 college savings plan to protect the child. He warns against marketing that inflates needs and urges careful budgeting and spending discipline.
MENTIONED IN THIS ARTICLE
Todd Mark
Consumer Credit Counseling Service
Greater Atlanta
Mark
Ebbers Receives Court Blessing for Major Civil Settlement
Judge Denise Cote preliminarily approves a civil settlement in the WorldCom case. Former CEO Bernard Ebbers will forfeit most assets, including a Brookhaven mansion, with about 25 to 40 million dollars to be sold to cover claims and more than 5 million cash upfront. Ebbers’ wife receives a modest Jackson home and limited assets.
MENTIONED IN THIS ARTICLE
New York
World Com
Bernard Ebbers
U.S
Denise Cote
Ebbers
WorldCom
Mississippi
Sean Coffey
New York State
Alan Hevesi
WorldCom Securities
Arthur Andersen
WorldCom Board
Brookhaven
Miss
Jackson
Corn stressed in much of state with eastern Iowa better
Agricultural update shows southeastern Iowa drought effects with corn leaves pointed upward for moisture. Iowa crops span from decent to excellent, while Illinois reports parched fields. Soybeans also show drought stress amid national drop in good to excellent corn ratings.
MENTIONED IN THIS ARTICLE
Iowa
Marlene Lucas
Gazette
Illinois
Cedar Rapids
Virgil Schmitt
Iowa State University
Muscatine
Schmitt
Iowa Crops & Weather Report
Iowa Agricultural Statistics
Dry conditions lift Chicago futures amid weak Iowa rainfall
Precipitation across Iowa ranges from 4 percent poor to 19 percent excellent with 0.18 inches rainfall statewide versus a 0.98 inch normal. Chicago Board of Trade traders note Illinois drought since June 1 as September corn and August soybeans trade above government projections. Corn up 0.5 cents to 2.35 and soybeans up 12 cents to 6.90.
MENTIONED IN THIS ARTICLE
Iowa
Chicago Board of Trade
Illinois
Clark Neighbors
Bump Investor Services
Cedar Rapids
Carmike Delays Cedar Rapids Theater Expansion Plans
Carmike Cinemas has postponed its Cedar Rapids 7 theater expansion from 2004 plans to add two screens and remodel the facility. Judy Russell said several other projects took priority, with 2006 as the target for Cedar Rapids work. The theater opened in 1989 amid competition from Galaxy 16 Cine and Collins Road Theatres.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Cedar Rapids
Carmike Cinemas Inc
Columbus, Ga
Carmike 7
Northland Ave
Carmike
Judy Russell
Carmike Cinemas
Russell
St. Louis
Wehrenberg Theaters
Galaxy 16 Cine
Council Street
Collins Road
Bruce Taylor
Collins Road 5
Collins Road Theatres
Newborn Births Featured in Milestones Section
Announcement invites new parents to share a photograph and birth details in the Milestones page of the Gazette. Contact numbers 368 8873 and 1 800 397 8212 provided for details and submission.
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Cote
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Gazettecorr
State Climatologist Gazette Graphic
C.R. Theater
George. Ford
APAC
Maytag
Aegon NV
Mestek Alcoa Inc
Alliant Energy
Nash Finch
Arch Dan Mid
Pearson PLC
Penford Corp
Bandag Inc
PepsiCo
Caseys Gen Store
Fiserv
Saks Inc
Gen Mills
Sealed Air
Gillette Co
Skyworks Solution
Tanger Factory
HMI Corp
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Terex Co
Heinz
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Intl Paper
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Keane Inc
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