Tech stocks lift markets as Yahoo results spark rally
Wall Street rose after Yahoo reported stronger earnings pushing the Dow up 56.57 to 10,783.76 the Nasdaq up 143.17 to 4,099.59 and the S&P 500 up 12.04 to 1,492.92. Eastern Iowa stocks mostly higher with McLeodUSA and Conexant gaining while grain prices slide on USDA futures. Wolverine World Wide to close five plants cutting 1,400 jobs. sites in New York Michigan Puerto Rico Costa Rica and Ontario slated.
MENTIONED IN THIS ARTICLE
Yahoo
Standard & Poor
McLeodusa
Splitrock Services
Conexant
UMC
Penford
Wolverine World Wide Inc
Wolverine Boots
Rockford
Timothy O’donovan
Wolverine
Malone
N.Y
Kirksville
Aguadilla
Puerto Rico
San Jose
Costa Rica
Ontario
Canada
O'Donovan
Recall of Love My Baby Doll Care Feeding Sets by Dollar Tree
About 700000 doll feeding sets are recalled due to detachable snaps posing a choking hazard. No injuries reported. The Love My Baby Doll Care Feeding Set includes a bib with pink and blue cupids, a baby food jar, a bottle, a two handled cup, and a blue container, labeled for ages four and up. SKU 563239 appears on the package. Sets sold nationwide in December 1999 for about $1 each.
MENTIONED IN THIS ARTICLE
Dollar Tree Stores Inc
Dollar Tree
PMX Industries Names Jin Roy Ryu Next CEO
Jin Roy Ryu, 42, named chairman of Poongsan Corp., will assume PMX Industries chief executive duties on Aug 1. He succeeds sister R. Ahn who led a 28 month turnaround. Ahn will stay briefly as Ryu bonds with PMX staff.
MENTIONED IN THIS ARTICLE
Jin Roy Ryu
Poongsan Corp
PMX
PMX Industries
Ryu
R. Ahn
Poongsan
Ahn
Roy
Corp
Mi Ahn
Mercy Medical Center opens parking ramp as phase one of expansion
Mercy Medical Center in Cedar Rapids opens a 5.1 million dollar parking ramp for 450 vehicles as part of a 50 million expansion. The facility adds a helipad and 240 extra spaces with free parking and potential weekend staff access. The project includes brighter interiors, open railings, higher ceilings, and planned linking to a new outpatient pavilion.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Mercy Medical Center
Cedar Rapids
Mercy
Osco Plans New 15000 Sq Ft Store On Mount Vernon Rd Cedar Rapids
Cedar Rapids Osco Drug plans a 15000 square foot store at the former Sun Mart site 2711 Mount Vernon Rd replacing the Sun Mart location from June 1999. The project aims to add a drive through pharmacy amid competition from Walgreens and Drug Town. The new Osco will be built on ground leased from Cedar Rapids area investors tied to Jim Piersall and is slated to begin this year with expanded parking.
MENTIONED IN THIS ARTICLE
Mount Vernon Road
34Th Street SE
Osco
Cedar Rapids
Jim Piersall
Sun Mart
Piersall
Vernon Village
Grassley pushes death tax repeal as farm issue
Senator Grassley calls the death tax an impediment to preserving family farms. He urges Congress to repeal HR 8 to help farmers pass holdings to children and attract younger entrants, noting Democrats also back the measure in hopes of easing estate burdens.
MENTIONED IN THIS ARTICLE
Grassley
James Q. Lynchazette
Chuck Grassley
Congress
Clinton
Iowa
Senate
House
Carousel Motors completes Winebrenner Ford purchase
Carousel Motors has bought Winebrenner Ford in Iowa City and will rename it Carousel Ford. Howard Winebrenner retires after 30 years. new owners plan to raise inventory and hire up to 25 staff, with a possible new building.
MENTIONED IN THIS ARTICLE
Carousel Motors
Iowa City
Winebrenner
Ford
Howard Winebrenner
Highway 1 West
Carousel Ford
Stevens Dr
Pat Lind
Carousel
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