Wall Street closes above 14000 on broad gains
Wall Street rose Thursday with the Dow surpassing 14000 for the first time and the S&P 500 posting a record close. Gains were led by earnings from IBM Juniper Networks and SAP. Analyst Jeffrey Dunham noted investors weigh if earnings can be sustained as the market speeds higher. Dow: 14000.41, +82.19. S&P 500: 1553.08, +6.91. Nasdaq 2720.04, +20.55.
MENTIONED IN THIS ARTICLE
Wall Street
Standard & Poor
International Business Machines Corp
Juniper Networks Inc
SAP AG
Jeffrey Dunham
Dunham & Associates
San Diego
HNI Reports Stable Q2 Earnings Amid Sales Drop
HNI Corp posted steady second quarter earnings as a 7.4 percent sales decline was offset by reduced costs and a lower tax rate. Income from continuing operations reached 26.4 million dollars or 56 cents per diluted share, similar to a year earlier. Chairman Stan Asken attributed the fall in sales and income to a sharp drop in the Muscatine hearth business, while the office furniture unit rose 16.2 percent in operating profit.
MENTIONED IN THIS ARTICLE
HNI Corp
HNI
Stan Askren
Ford opens Jaguar Land Rover sale process
Ford Motor Co moves toward selling its Jaguar and Land Rover units by accepting an undisclosed number of early bids. Ford cautions no sale is imminent and says discussions are preliminary as part of a strategic review. John Gardiner, Ford spokesman, notes no decisions have been made.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Jaguar
Land Rover
Ford
John Gardiner
London
Mortgage rates hold steady amid steady inflation outlook
Freddie Mac reports 30-year fixed at 6.73 percent this week, unchanged from last week. The 15-year fixed rate slips to 6.38 percent, and the five-year adjustable remains at 6.35 percent.
MENTIONED IN THIS ARTICLE
Freddie Mac
Gazette
Naws Services
General Mills plans 20 million Cedar Rapids center
General Mills will build a 400000 square foot distribution center beside its Cedar Rapids plant at 4800 Edgewood Rd SW. The project, designed with Worley Warehousing, aims to create a dedicated warehouse for the campus and ease traffic flow, with construction starting late summer or fall and completion planned next year. The plant, employing over 500, makes cereals, fruit snacks and desserts, and remains a key logistics node near major transport routes.
MENTIONED IN THIS ARTICLE
Gazette
Cedar Rapids
General Mills
Edgewood Rd
Mark Seckman
Priority One
Ucts
Worley Warehousing
Seckman
Mm Prosser
Gary Naab
General
Milla
Heidi Geller
Geller
Minneapolis
Quaker Oats
Ralston Foods
Legacy sheep barn memorial honors Danan Lansing at Winneshiek Fair
In Ossian, hundreds gathered at the Winneshiek County Fair for a memorial auction to fund a sheep barn in memory of Danan Lansing a 16 year old South Winneshiek sophomore who died April 29 after a stroke following knee surgery. Danan’s lambs were donated along with proceeds from Brink’s lamb sale and other bids totaling 26576 dollars with pledges of 8625 dollars prior to the auction. Danan’s family and friends spoke about his leadership in 4 H and FFA noting his competitive spirit and sportsmanship.
MENTIONED IN THIS ARTICLE
Janell
Winneshiek County Fairground
Mac Greentree
Danan
Darrah
Micole
Ani
FFA
Brink
Bushman
Duane Bushman
Decorah
Winkler
John Humker
Lansing
Kevin
South Winneshiek Ffa
Janell Bradlay
Emily Brink
Winneshiek County Fair
Danan Lansing
Iowa board approves aid for 14 projects worth 812 million
Iowa Economic Development Board backs 14 initiatives totaling about 812 million in capital investments and more than 2,700 jobs. Projects include a 267 million biorefinery at Cedar Rapids, a 76 million yeast expansion, and an 81.2 million Cedar Falls food distribution center, plus a 657.8 million wind energy facility near Nevo.
MENTIONED IN THIS ARTICLE
Iowa Economic Development Board
DEEL
Red Star Yeast Co
Bio Coop Slop
Cedar Rapids
Wee Corp
Cedar Falls
Parents should involve teens in college funding decisions
Parents and teens should discuss the family budget for college early and set clear expectations about who pays what. Consider how much aid is needed, the amount a student covers, and any conditions like maintaining grades or attending summer school to graduate on time.
MENTIONED IN THIS ARTICLE
of State U
Stewart Koesten
KHC Wealth Manu
Overland Park
Kan
Also Mentioned on This Page
Dow
S&p
Reguier
1St Ave
15Th St
C.R
Williams
C.R. Coney's
Dubuque & Market
J.C
Corahilla
David. Dewitte
Ossian
State Board
Oks
Fed
Red Star Yeast
Bio Springer Sollty T
Steve Rosen
Kansas City
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