Try 7 days of FREE access to billions of articles

Start Free Trial

Cedar Rapids Gazette in Cedar Rapids, Iowa

We have 14,353,121 pages in Iowa

View this page and access billions of articles with a 7-day free trial.

Start Free Trial

This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!

Start Free Trial

Cancel anytime, risk free

Not what you were looking for? Search our billions of articles

Advanced Search

Articles on This Page

This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 21, 2009

Page

16

Stocks Extend Rally As CIT Deal Boosts Confidence

Wall Street advances with the Dow up 104.21 to 8848.15 and the S&P 500 at 951.13 aided by CIT financing that shields it from bankruptcy. Nasdaq gains 22.68 as strong earnings and positive economic signals lift sentiment. World steel output drops 21.3 percent in H1 2009 while China leads in production.

CIT World Steel Association China

Wyeth Shareholders Approve Pfizer Buyout

Wyeth stockholders overwhelmingly back the 68 billion acquisition by Pfizer, sealing a deal that vaults Pfizer to the top of the global drug industry. Wyeth adds multibillion dollar products and expertise in biologics vaccines and animal health to Pfizer’s portfolio.

Wyeth Pfizer Inc Pfizer

Hasbro Sees Strong Toy Sales From Transformers Tie-Ins

Hasbro Inc reports second quarter profit above estimates due to robust sales of Transformers toys. Summer movie tie-ins boost demand as consumer spending cools, with titles like Transformers: Revenge of the Fallen and the forthcoming G I Joe: The Rise of the Cobra driving growth.

Hasbro Inc Hasbro

Judge OKs sale of Postville slaughterhouse in bankruptcy bid

A bankruptcy judge approved the $8.5 million sale of Agriprocessors Inc to SHF Industries, formed by Hershey Friedman and Daniel Hirsch, ending months of plant uncertainty. The Postville kosher slaughterhouse will continue producing meat under new ownership, with about 100 workers remaining on site. SHF also acquired assets in New York and Florida, tied to the loans.

Iowa City Paul J. Kilburg U.S Cedar Rapids Agriprocessors, Inc SHF Industries Hershey Friedman Daniel Hirsch Postville Des Moines Friedman Hirsch SHF Agriprocessors New York Florida Iowa

Localized markdowns boost retailer profits across chains

Retailers tailor discounts to individual stores to match local demand and inventory. Banana Republic marks skirt prices differently in New York and SoHo, contributing to steady margins through May while overall sales dip. Other chains like Wal Mart and Home Depot expand similar strategies as analysts note potential for higher profits amid a weak economy.

McClatchey-Tribune NEW York Banana Republic World Financial Center SoHo Gap Inc Gap Wal-Mart Stores Inc Home Depot Inc Home Depot Carol Tome

CIT Group board approves rescue loan to avoid bankruptcy

The CIT Group Inc board agreed to a rescue loan from key bondholders to extend breathing room and avoid immediate bankruptcy. The deal, potentially totaling about 3 billion, aims to restructure debt ahead of an August 1 billion payment and amid a liquidity squeeze.

Washington CIT Group Inc CIT Obama Treasury

Economic indicators rise in June signaling potential recovery

The Conference Board reports a 0.7 percent rise in its leading indicators index for June, the third monthly gain, with May and April revisions, strong six month growth, and analyst views that a recovery could begin this autumn despite uncertainty about the path ahead.

New York U.S Conference Board Wall Street Thomson Reuters Ken Goldstein Lehman Brothers Josh Shapiro MFR Inc

Also Mentioned on This Page

World Steel China Steel Judge Oks By Andria Cheng National Retail Federation Third Street Santa Monica Calif GIT Group Board Oks Rescue Loan Akram Humaideh Springfield Ill
Search Courier

Search the Cedar Rapids Gazette Today with a Free Trial

We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.

Not Finding What You Were Looking for on This Page of The Cedar Rapids Gazette?

People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!

Looking Courier

Browse Newspapers

You can also successfully find newspapers by these browse options. Explore our archives on your own!

By Location

By Location

Browse by location and discover newspapers from all across the world.

Browse by Location
By Date

By Date

Browse by date and find publications for a specific day or era.

Browse by Date
By Publication

By Publication

Browse old newspaper publications to find specific newspapers.

Browse by Publication