Wall Street slips as Dow drops again on Monday
Despondent investors drove the Dow down nearly 440 points before late bargains trimmed losses to a 45.34 drop to 8,639.19. The Nasdaq rose 9.12 to 1,382.62 while traders watched the dollar fall below the euro for the first time in 20 years amid a weak economy and stock market jitters.
MENTIONED IN THIS ARTICLE
Wall Street
Dow
New York Stock Exchange
General Mills
Heartland Express
Procter & Gamble
America
Europe
U.S
Alliant seeks 7.4 percent gas rate raise in Iowa
Alliant Energy asked the Iowa Utilities Board for an average 7.4 percent rise in natural gas rates, aiming to recover about 100 million dollars invested since 1995. The proposal would lift average residential bills by 4 to 8 dollars monthly, with variances across zones and an interim 6.7 percent hike possible.
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Ne Gazette
Cedar Rapids
Alliant Energy
Iowa
Alliant
Interstate Power & Light
John Ruff
Allianz
SES
Alburnett
Blairstown
Central City
Ipc-Clinton
IPC
Mason City
Iowa Utilities Board
Rob Hillesland
Iowa City
MidAmerican Energy
MidAmerican
Interstate Power & Light Natural Gas
Center Point
Coggon
Kalona
Newhall
Norway
Olin
Stanwood
Vinton
Walford
West Branch
Maytag earnings rise 22 percent on Amana purchase
Maytag Corp reports second quarter earnings of 68 million up from 21.8 million a year ago driven largely by the Amana Appliances acquisition. Earnings 87 cents per share on 1.2 billion in net sales.
MENTIONED IN THIS ARTICLE
Amana
DES Moines
Maytag Corp
Ralph F. Hake
General Electric
Efraim Levy
Standard & Poors
New York
Alliant to exit energy trading joint venture with Cargill
Alliant Energy plans to sell its stake in the Cargill Alliant LLC energy trading venture to partner Cargill Inc. The deal values the book value of Alliant’s share and should close by fall. The venture, started in 1997 amid deregulation hopes, faced cooling prospects after Enron’s collapse and weak WI and IA reform.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Alliant Energy
Cargill Inc
Cargill
Alliant
Cargill-Alliant LLC
California
America
Enron Corp
Wisconsin
Iowa
SEC
James Hoffman
David Gabriel
Gabriel
Iowa crops rapid growth boosts tasseled yields in east central region
The Iowa Crops and Weather report shows corn 45 percent tasseled and 25 percent silked statewide, with east central Iowa at 40 percent tasseled and 19 percent silked. Soybeans are blooming 74 percent statewide and 12 percent setting pods, while rainfall varied last week.
MENTIONED IN THIS ARTICLE
Mariene Lucas
Iowa
Iowa Crops & Weather Report
Linn
Johnson
Carroll County
Waukon
Lake Mills
Southwest
Pfizer Purchases Pharmacia To Forge Industry Leader
Pfizer Inc. agreed to acquire Pharmacia in an all stock deal valued at about 60 billion dollars creating a pharmaceutical powerhouse with more than 48 billion in revenues and a research budget over 7 billion. The merger aims to yield 2.5 billion in cost savings by 2005 amid industry pressure to restrain drug prices.
MENTIONED IN THIS ARTICLE
New York
Pfizer Inc
Pharmacia Corp
Pfizer
Pharmacia
Phar
Macia’s
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First Ave. NE
F Ave. NW
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Randy Balderston
Xiulan Lin
China
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Dixie Narco
Levy
Hake
Energy Company
By Dave DeWitte
Iowa Agricultural Statistics
Jim Smith
Consumers Cooperative of
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Johnson County
Marlene Lucas
Marienel
Fyiowa
Pfizer-Pharmacia
Lipitor
Celebrex
Bextra
East Iowa
ADM
Aegon No
APAC
Casey's
Columbus McKinnon
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Deere
Dillard’s
Fastenai Co
Featherlite
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Gillette
Heinz
HON Ind
International Paper
Keane Inc
Kont’s
Longview Fibre
MACC
Marsh & McLennan
Maytag
MC Group Clinic
McLeodusa Inc
n/c
Arene
Mertek
Moore
Nash Finch
Pearson
Penford Corp
Pepsico
Procter & Garmbie
Qwest
Raicorp
RF Micro Devices
Rockwell Collins
Saks Inc
Sealed Air
Skyworks
Tanger Factory
Terex
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Union Planters
United Fire
Unova
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Wal-Mart
Weyerhaeuser
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