GM reports 18 percent earnings rise in second quarter
General Motors earned 2.27 billion in Q2 on 44.1 billion revenue, up 18 and 9 percent respectively from a year ago. AT&T's quarterly earnings rose 10 percent to 1.355 billion, with revenue at 19.51 billion. Mortgage rates edge up across 30, 15 and 1 year products, while Treasury bills climb to two-month highs as safety agency probes Saab fires and Ford Chrysler brake issues.
MENTIONED IN THIS ARTICLE
General Motors Corp
North America
Ford Motor Co
Chrysler Corp
At&t Corp
Wall Street
McCaw Cellular Communications Inc
At&t
Treasury
Auto Safety Agency
National Highway Traffic Safety Administration
NHTSA
Priority One reports pledge progress in Cedar Rapids drive
Priority One announced that 2,334,470 has been pledged toward a 3.6 million Through 2000 goal at a Collins Plaza breakfast. The fund aims to create 6,000 new jobs, attract 40 new companies, assist 100 existing businesses, and raise the tax base by 500 million through a five year program.
MENTIONED IN THIS ARTICLE
George C. Ford
Jazette
Priority One
Cedar Rapids Area
Iowa
County fairs showcase 4-H talents and races at Iowa event
Marengo county fair highlights include Ryan Head’s radio controlled monster truck with a sport engine and Ellen Baber’s decorated scarecrow and painted porcelain doll. 4-H projects span arts crafts and food with raspberry jam and coffee cake awards. Upcoming fairs listed with dates across eastern Iowa.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Marengo
Ryan Head
Ellen Baber
Iowa County Fair
Head
Babor
Marengo Motivators 4-H
Jan Baber
Stocks Stabilize After Sharp Selloff On Wall Street
Stocks steadied in heavy trading on Thursday as the Dow rose 12.68 to 4641.55 amid a NYSE volume near 381 million shares. Advancers led decliners 12 to 7, with Eastern Iowa stocks mixed: 24 up, 10 down, 10 unchanged. Weyerhaeuser up 1.5 to 47, General Electric 1 to 59, Deere 1 to 89, Equitable of Iowa 1 to 32. Procter & Gamble fell 1 to 67 and Gillette down 1 to 42.35.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Iowa
Weyerhaeuser
General Electric
Deere & Co
Equitable of
Procter & Gamble
Gillette
NEW York Stock Exchange
Ford Motor
IBM
American Stock Exchange
Viacom Vri
Viacomb
Gaylord Cent
Royal Oak
Microsoft
Intel
DOW Jones
Amex
Ind
Biotech
Computer
Standard & Poor's Finance
Indus
Telecom
Utilities
Transport
Wilshire
Wilshire Associates
Purce
Associated Press
Firstar to merge Wisconsin banks and cut costs
Firstar Corp plans to merge all Wisconsin banks except Firstar Bank Milwaukee into a $4.1 billion organization as profits rise 7.7 percent in the second quarter. Net income for the quarter ended June 30 was $53.8 million, up from $49.6 million.
MENTIONED IN THIS ARTICLE
Milwaukee
Firstar Corp
Wisconsin
Financial Services Corporation
Firstar
Firstar Bank
Cedar Rapids
Iowa
Des Moines
Roger L. Fitzsimonds
Trade pact opens South Korea meat market for U S producers
The United States and South Korea settled a 17 month dispute over meat barriers using WTO tools. The agreement could boost immediate beef and pork sales by up to 240 million and raise annual sales toward 1 billion by 1999. South Korea will allow use by dates after a phase in to 1996.
MENTIONED IN THIS ARTICLE
Washington
United States
South Korea
U.S
Mickey Kantor
Kantor
America
National Pork Producers Council
R.H
Moe" Mohesky
Rocky Mount
N.C
Japan
Mohesky
Clinton
World Trade Organization
WTO
Mark Armentrout
National Cattlemen’s Association
Karl Johnson
Mankato, Minn
Max Baucus
D-Mont
Also Mentioned on This Page
Federal Home Loan Mortgage Corp
Tribune Media Services, Inc
Cnc
Julie
Collins Plaza Hotel & Convention Center
Lee Liu
Liu
IES Industries
Gazette
Ellen
Brad Davis
Robbie Neelson
Keokuk County
What Cheer
Grinnell
Louisa County
Columbus Junction
Johnson County
Iowa City
Washington County
Dubuque County
Dubuque
NYSE
S. Korea
Eee
TLL
Alll Kuehl Honda
Congratulatio
O Polk & Co
American Honda
Center Point Rd
Randy Kuehl
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