Dow Gains as IBM Boosts Market. Several Local Mergers Emerge
The Dow rose 5.18 points to 3732.45 with IBM up 4 percent after reporting 2Q earnings of $1.14 a share. IBM briefly traded higher by over 6 points intraday. In Iowa stocks 15 rose, 17 fell, 11 unchanged. Gillette and Rockwell led gains while United Technologies fell. Des Moines insurers plan a merger creating American Mutual with about 5 billion in assets and 400 000 policies. Boatmen's Bancshares to merge five Iowa banks into one, forming the state's third largest bank pending regulators.
MENTIONED IN THIS ARTICLE
IBM
Iowa
Gillette
Rockwell
United Technologies
Sears
DES Moines
Central Life Assurance Co
American Mutual Life Insurance Co
American Mutual
Boatmen’s
Norwest
Firstar
Sioux City
Kalona
Marengo
Sigourney
Unfit to fly cited in Conde Nast Traveler report
Conde Nast Traveler cites FAA documents showing millions fly planes with maintenance violations such as leaky pumps and tangled oxygen masks. The article notes airline fines totaling millions over eight years and says most major carriers have been fined since 1986. Ed Merris of the Air Transport Association claims industry safety and near accident-free records.
MENTIONED IN THIS ARTICLE
New York
Conde Nast Traveler
Federal Aviation Administration
Conde Nast
U.S
Ed Merris
Air Transport Association
Airlines face safety concerns amid maintenance and defect reports
FAA and Conde Nast cite Delta United and American for engine blade replacement delays cargo door failures and unrepaired fuselage cracks. Consumer Reports questions air freshness while critics say cost cutting by airlines hits maintenance. Delta faced a 2.5 million FAA fine later reduced to 1.5 million. spokesman cites record keeping errors and a minor crack misreported as a larger flaw.
MENTIONED IN THIS ARTICLE
FAA
Conde Nast
Delta
United Airlines
American Airlines
Leo Janssens
Aviation Safety Institute
Delta Air Lines
Todd Clay
Clay
Major Firms Post Mixed Q2 Gains Amid Acquisitions and Strikes
Heartland Express reports a 39 percent rise in Q2 profit to about 4.3 million as revenue grows to 59.3 million and debt falls sharply after acquiring Munson Transportation. United Technologies sees a 32 percent earnings gain to 172 million with consolidated revenue at 5.49 billion. Caterpillar sets Q2 sales and profit records amid five strikes at its plants. Firstar Iowa lifts net income 5.3 percent to 9.4 million while parent Firstar posts 42.5 million after an after tax charge. AT&T climbs 8 percent to 1.13 billion in Q2 revenue of 17.7 billion. MCI cites growth ahead of the sector.
MENTIONED IN THIS ARTICLE
Heartland Express Inc
Coralville
Illinois
Munson Transportation Inc
United Technologies Corp
Hartford, Conn
United Technologies Automotive
Aerospace Conglomerate
Iowa City
Caterpillar Inc
Peoria Company
Caterpillar
UAW
York
Denver
Firstar Corp
Milwaukee
Firstar Corporation of
Iowa
Firstar Bank
Cedar Rapids
Parsons Technology of Hiawatha
Iowa Department of Economic Development Board
Hiawatha
CEBA
Parsons
Parsons Technology
UP Electronics
Wilton
Polaris Industries
Minneapolis
Spirit Lake
Don R. Havens Co
Cedar Falls
Sully
Northstar Power Co
Ankeny
Parsons Technology Gets $120000 CEBA Loan for Expansion
Parsons Technology of Hiawatha获批准在CEBA计划下获得12万美元贷款。若在未来两年内创造100个工作岗位且达到平均时薪9.65美元，该贷款可免偿。公司拟改建设施并建一个50,000平方英尺的制造及仓储综合体。其他获资助企业包括 Wilton的UP Electronics、Minneapolis的Polaris Industries等。
MENTIONED IN THIS ARTICLE
Parsons
Get rich schemes and get-rich quick mail scams
A column warns small business owners about weight loss and other get-rich-quick offers used by direct mail. It catalogs bogus schemes promising huge returns, lists common red flags, and notes the risk of gullible buyers and dubious certification. It cites examples from chain letters and Nigerian scams and advises BBB checks.
MENTIONED IN THIS ARTICLE
CPA
Better Business Bureau
Uncle Sam
Gordon Enterprises
Chula Vista
Calif
Prince Jude Ogbonna
Nigeria
Ogbonna
Also Mentioned on This Page
Cleveland (Ap
Phar-Mor Inc
Michael Manus
Monus
Midwest
Midwest Gas
Iowa Utilities Board
Borrom
Consumer Reports
Heartland Express
At&t
At&t Corp
MCI Communications Corp
Marion
Alburnett
Hiawathan
FDIC
Scott Clark
HTC Group Syndicate
Aaa
Cityline
Sprint Cellular Line
FCNE
Radon Coalition Daec
Gazette
Kelly Services Jobs
Pet
Dean Edel
Kcrg Healthcast
Kidsline
All About America
Travel Weather
Trail Blazers
Cityline Directory
the Gazette
Ciyuhe
AP Network Sports Motor Sports
Farley Speedway
Hawkeye Downs
Kcck-Fm
Jazz
Music World
Country Music Report
Tube Talk
Inside the
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!