Market near unchanged as big-name stocks push Nasdaq to record close
The Nasdaq posted a record close for the eighth straight session while the broad market barely moved. The Dow rose 1.16 to 7922.98 after erasing a late deficit. volume on the NYSE totaled 485.86 million shares.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
MCI Communications
International Paper
Gillette
Proffitt’s
Penwest
Western Atlas
Hewlett PhD
Philip Morrs
Fanni
American Stock Exchange
Ni Vol
E!pasoelec
DOW Jones
Amex
Biotech
Standard & Poor's Finance
Whanie Associates
Associated Press
MCI to Hire 126 for Cedar Rapids Billing Center
MCI Communications announces 126 new jobs in Cedar Rapids for its Commercial Billing Group, expanding total local employment to about 3,000. The Diamond Centre opens housing 650 CBG staff alongside Armstrong Centre, and the two facilities will facilitate a company-wide space realignment in Cedar Rapids.
MENTIONED IN THIS ARTICLE
George C. Ford
MCI Communications Corp
Cedar Rapids
MCI
Armstrong Centre
Third Ave. SE
Diamond Centre
Second Ave. SE
John Gerdelman
Network MCI Services
Second Avenue SE
Telecom* USA
UPS Plans New Coralville Facility To Double Capacity
UPS will relocate from near I-80 to a 16 000 square foot site at Highway 6 and 22nd Avenue in Coralville, adding capacity to process 42 trucks daily and handle pallet freight. The $1.7 million facility on 5.5 acres is expected to be ready by fall, with no major hiring surge.
MENTIONED IN THIS ARTICLE
Gazette
Johnson County
Bureau
Coralville
United Parcel Service
Washington County
Iowa
Highway 6
22Nd Avenue
Vazquez
Coral Ridge Mall
UPS
Iowa Farmers Hope For Strong Harvest Amid Rain Slows Corn
Iowa Crops & Weather report shows corn declined from 84 to 79 percent good to excellent, soybeans from 76 to 71 percent. Farmers praise timely rains in northern Linn County and expect good yield barring hail. Tasseling 2 percent corn. soybeans 33 percent blooming. hay yields pressured by wet then dry weather and pests. Harvest of the second crop about 30 percent complete.
MENTIONED IN THIS ARTICLE
Warette
Jim Pflughaupt Jr
Central City
Pflughaupt
Norwest posts record earnings for second quarter
Norwest Corp parent of Norwest Bank Iowa and Norwest Mortgage reported record second quarter earnings. Net income reached 331.4 million for the quarter ending June 30, up 16.1 percent from last year. First six months 1997 net income was 653.3 million.
MENTIONED IN THIS ARTICLE
Norwest Corp
Norwest Bank
Iowa
Norwest Mortgage
Norwest
New York Stock Exchange
Also Mentioned on This Page
Vanguard
Vanguard Airlines
Des Moines
Las Vegas
Los Angeles
Orlando
Tampa-St. Petersburg
Fla
Kansas City
Treasury
Treasury Department
Federal Reserve
Chrysler
Chrysler Corp
Michelle Tinson
C.R. Billing Center
By Jim Jacobson
First Avenue
Interstate 80
Carlos Vazquez
UPS Industrial En
By Marlene Lucas
Iowa Agricultural Statistics Gazette
Sprint
Www
Sprintpcs.com
Czech Square Mall
Czech Lane
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