Markets Close Up As Tech Names Lead Broad Gains
The Nasdaq composite rises 75.27 to 4174.86 and the Dow finishes higher. RF Micro Devices, WorldCom, Weyerhaeuser, and Engineering Animation post gains while Fiserv and GE fall. The Greater Living Store in Cedar Rapids closes after nearly two years. A class action settlement involving Weyerhaeuser gains preliminary court approval in California. WorldCom and Sprint end their planned merger. Maytag reports solid second quarter earnings. Bloomfield Feed and Seed Inc faces temporary license suspension. A hearing is set for August 22 in Des Moines.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
WorldCom
Weyerhaeuser
Fiserv
General Electric
Weyerhaeuser Co
California
Klamath Falls
San Francisco
Oregon
South Carolina
Texas
Washington State
Bloomfield Feed and Seed Inc
Bloomfield
Grain Warehouse Bureau
Iowa Department of Agriculture and Land Stewardship
Henry A. Wallace
Des Moines
Family Video eyed as Tower Place tenant in Iowa City
Adam Lowenstein reports Family Video, the nation's largest privately owned video rental chain, is expected to lease a 3,300 square foot corner spot at Tower Place along Iowa Avenue, joining four tenants in the new parking ramp retail center. City officials anticipate a spring 2001 completion with some retailers set to open by late summer or early fall.
MENTIONED IN THIS ARTICLE
Adam Lowenstein
Iowa City
Iowa Avenue
Linn
Sion
Civic Center
Tower Place
Joe Fowler
Family Video
Gazetter
Town Avenue
Gilbert Street
Ernie Galer
Lepic-Kroeger Realtors
Galer
Gilbert Streets
Cottage
Akar Architecture and Design
Home Builder’s Association of Iowa
Cable Televi
Walgreens plans in Cedar Rapids fall through
Costs derailed a proposed Walgreens at Mount Vernon Road and 34th Street SE after the developer could not reach a financially viable deal. Walgreens had not formally announced the store, though the name appeared in a rezoning petition. The move would have required removing a car wash, an office building, and several residences. Dental office owner Dr. Karen Granseth aimed to expand at 1655 Blairs Ferry Rd in Marion, but the site remains available. Retail prospects along Mount Vernon Road are linked to road widening.
MENTIONED IN THIS ARTICLE
Ors
Mount Vernon Road
Cedar Rapids
Walgreens
Osco
Michael Polzin
34Th Street
Polzin
Karen Granseth
Dental Touch Associates
Blairs Ferry Rd
Marion
Arthur Swarzentruber
West Union girl defends title with clean grand champion hogs
Tammy Lansing, 11, won Fayette County Fair grand champion pen of three hogs for the second straight year. Her family raises and shows hogs, aided by brothers Nathan and Jason and father Alan who keeps them cooled. A muddy pen incident forced her to relocate, and she finished third in showmanship. The fair runs through Sunday with admission and events listed, including Heart to Heart and sprint car races and a Daryle Singletary concert.
MENTIONED IN THIS ARTICLE
Tammy Lansing
West Union
Fayette County Fair
Lansing
Alan Lansing
Alan
Nathan
Jason
Heart To Heart
Daryle Singletary
General Mills Talks of Buying Pillsbury
Diageo is considering selling its Pillsbury subsidiary to General Mills in an $11 billion stock deal scenario. Both sides confirmed discussions amid rising food industry consolidation, noting no guarantee of a deal. Pillsbury brands include Green Giant Haagen Dazs and Old El Paso with Cedar Rapids plants and specialty bakery blends.
MENTIONED IN THIS ARTICLE
London
Diageo PLC
Pillsbury
General Mills Inc
General Mills
Cedar Rapids
Iowa City
Ing
CP Ee
Diageo
Stock Exchange
General
Wall Street Journal
Also Mentioned on This Page
Greater Living
Point Shopping
Center Point Rd
Greaterlivingestore
Sprint
United States
Europe
U.S. Department of Justice
Janet Reno
Justice Department
Maytag
Hoover
Dixie-Narco
Djia
BizFacts
U.S
Latest Tower Place
We Or
New
C.R. Walgreens
By Dave DeWitte
Granseth
Swarzentruber
Osca
Gazette Map
Fayette County
Linn County
First Federal Community Credit Union
First Avenue
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