Hawkeye Bancorp to acquire four Iowa banks
Hawkeye Bancorporation of Des Moines announces four planned acquisitions in Iowa. Target banks include First National Bank in Lennox Farmers Savings Bank of Stratford and Seymour State Bank in Wayne County, with two mergers into existing Hawkeye subsidiaries.
MENTIONED IN THIS ARTICLE
Iowa
Hawkeye Bancorporation
Des Moines
State Bank of
Vinton
First National Bank
Lennox
Farmers Savings Bank of
Stratford
Seymour State Bank
Wayne County
Hawkeye
Paul D. Dunlap
Vinton and Lennox
Vinton Bank
Benton County
Lennox Bank
Stratford Bank
Citizens National Bank of
Boone
Boone Bank
Citizens National Bank
Boone-Stratford
Centerville National Bank
Seymour Bank
Centerville Bank
Hawkeye Bank and Trust
Centerville-Seymour
United State Bank of
Cedar Rapids
Jackson State Bank of
GM Announces Incentive Plan to Move Slow-Selling Cars
General Motors unveils rebates of about 400 per car to clear slowest models including the Chevette Cavalier Citation T1000 J2000 Phoenix Firenza Omega Skyhawk Skylark Cimarron and Cimarron. The program runs through August 31 as GM faces June July sales declines despite earlier gains from financing offers.
MENTIONED IN THIS ARTICLE
Detroit
UPI
General Motors Corp
Fast-payoff mortgage plan offers home ownership in under 10 years
The Federal National Mortgage Association unveiled a fixed-rate loan known as growing equity or rapid payoff that raises monthly payments yearly by 2.5 to 7.5 percent, allowing borrowers to own homes free and clear in less than a decade.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal National Mortgage Association
Square D reports lower second quarter profits amid sales drop
Palatine based Square D Co earnings fell to 67 cents a share from 1.04 with sales at 279.48 million down from 292.06 million and first half profit slipping to 37.6 million on 545.7 million in sales. Pioneer Hi Bred International posts higher third quarter earnings as seed deliveries lag due to winter. Hawkeye Bancorporation posts 13 percent rise in six month net income to 6.9 million with earnings per share at 1.11 and notes increased loan loss provisions. GTE reports 13 percent quarterly earnings gain to 299.99 million and first half up 12 percent to 398.95 million. Tandy Corp sees 20 percent sales rise for year ending June 30 with Radio Shack up 21 percent in June. Gannett Co reports record earnings and revenue for Q2 and first half 1982, with EPS up 10 and 9 percent respectively. InterNorth declares 53 cent quarterly dividend and forecasts 1982 six month earnings below 1981 levels, with a potential total under 5 dollars per share.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Des Moines
Pioneer Hi-Bred International Inc
Thomas N. Urban
Stamford, Conn
UPI
General Telephone & Electronics Corp
Theodore F. Brophy
Fort Worth
Texas
Tandy Corp
Radio Shack
Rochester
N.Y
Gannett Co
Nationwide Diversified Communications Company
Gannett
Iowa City Press
OMAHA
InterNorth Inc
InterNorth
Sam F. Segnar
Bank plans move to Dysart from Clutier
First National Bank of Tama County will relocate from Clutier to Dysart this winter. President Melvin Kupka said federal approval came last month and remodeling is underway. The new Dysart office is set to open by early December in the former Hanson Motor Co. building at Main and Clark.
MENTIONED IN THIS ARTICLE
First National Bank of
Tama County
Dysart
Clutier
Melvin Kupka
Comptroller of the
Currency Regional
Kansas City
Hanson Motor Co
Main and
Clark Streets
Clutier State Bank
Dysart State Bank
Kupka
Iowa
Thomas Huston
Clutter Bank
Summer stock rally resumes with IBM leading gains
The New York market closed mixed after a late rally led by IBM and oil issues. The Dow rose 4.19 to 828.39 as NYSE volume eased. NASDAQ fell, with energy stocks and major oil issues boosting trading on the floor.
MENTIONED IN THIS ARTICLE
New York
DJIA
IBM
New York Stock Exchange
Exxon
California Standard
Superior Oil
Atlantic
Indiana Standard
Ohio Standard
Getty Oil
Texaco
Mobil
American Telephone & Telegraph
Century Delays Cedar Rapids Office Building Construction
The Century Engineering Division of Westeel Inc postpones for at least a year the new office building at 221 Fourth Ave SE Cedar Rapids due to farm economy weakness and space in the current plant. Manufacturing remains at the southwest side site as distributors meet to hear about upcoming products not yet announced.
MENTIONED IN THIS ARTICLE
Century Engineering
Westeel Inc
Cedar Rapids
Wes Cagle
Century
Fourth Ave
Westeel
Cagle
Fourth Avenue
Southwest Side
Century Distributors’ Advisory Council
Keokuk Plant to Lay Off About 100 Workers Monday
East Metals Corp will lay off roughly 100 union employees Monday as order levels fall. Plant manager Mike Carter said the move will not be tied to a union vote rejecting a requested wage increase.
Also Mentioned on This Page
Hawkeye Bancorp
FNMA
Urban
Noland Corp
GTE
Manchester
Tama-Toledo
Tandy
Citizen
IinterNorth
Standard & Poor
Dome Petroleum
Wang Laboratories
Palomar Financial
King Radio
National Association of Securities Dealers
Judd
United Featur
Rack
Judd Oa
Seichow and
Inter Co
Johnson
Gene Divoky
Toco Electronics
Mt. Vernon Rd
Auction Plaza East
Bjornsen Investment Corporation
Cottage Grove Avenue
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