Dow Dips as Markets Begin Week with Pullback
Stocks slid on Monday with the Dow down 35.88 to 5390.94 as declines outpaced advances 11 to 4 on the NYSE. Eastern Iowa stocks saw nine rises, 28 falls, and nine unchanged amid lighter volume from last week's spike. Social Security moves to direct deposit after Aug 1 and Terra Industries reports a 16 percent earnings drop on wetter planting and weaker methanol and fertilizer prices. Microsoft unveils the IntelliMouse wheel device priced at 84.95 and set to hit markets in November. Treasury three and six month bills fell to 5.14 and 5.30 percent respectively, with one-year yields at 5.80 percent.
MENTIONED IN THIS ARTICLE
Dow
Dow Jones
New York Stock Exchange
NYSE
Iowa
United Fire & Casualty
AEGON
MACC
General Electric
United Technologies
Ralston Purina
Rockwell
Terra Industries Inc
Sioux City
Treasury
Federal Reserve
Jia Newar Netwe
Moragharts
Merce
Sunbeam
Gale American Stock Exchange
TWA
Viacorm
Viacom x
Intercom
Amex
Aia
Oper Leon Close
Barts Biotech
Standard & Poor's Indust
Indus
Sh Tetecom
Transpt
la Transpor
Asia
Wilshire Associates
CADSI to Expand After IBM PolyFEM Buy Deal
CADSI will at least double its workforce over two years after acquiring all rights to IBM PolyFEM software. The Coralville Iowa firm expects 50 new hires in sales, software, engineering and marketing as it expands from its 50 employees mainly at Oakdale Research Park.
MENTIONED IN THIS ARTICLE
Gazette
Johnson County Bureau
Coralville
Iowa
IBM
Computer Aided Design Software Inc
CADSI
Chrysler
Boeing International
Honda
David Bird
Polyfem
Bird
University of Iowa Oakdale Research Park
APAC TeleServices Reports Record Second Quarter Gains
APAC TeleServices Inc. posts 293 percent rise in net income to 7.1 million and 186 percent revenue increase to 65.1 million for Q2 1996. Six-month results show net income 11.8 million and revenue 113.2 million, surpassing 1995 annual revenue. Operational HQ in Cedar Rapids with over 10 000 employees at 55 call centers nationwide.
MENTIONED IN THIS ARTICLE
APAC
Apac TeleServices Inc
Deerfield
Cedar Rapids
United States
Iowa
Rabbit Show Delights 11 Year Old at Johnson County Fair
Lidia Richard, 11, shows her Dutch breed rabbit Bungi at the Johnson County Fair next to Iowa City. She learned grooming from a vet and keeps Bungi as a breeding, show rabbit. Rabbit judging is set for 2 p.m. at the fairgrounds with other events including market swine, poultry, and horse classes.
MENTIONED IN THIS ARTICLE
Gazette
Marlene Luc Lidia Richard
West Liberty
Bungi
Johnson County
Fairgrounds
Iowa City
Lidia Richard
Lidia
Prairie Masters
Iowa crops hold steady amid floods and pests
Iowa Agriculture Statistics reports mixed crop conditions with corn 19 percent excellent and 53 percent good while soybeans show 16 percent excellent and 48 percent good. Rain and pests slow development with corn tasseling at 13 percent and soybeans blooming at 47 percent. cattle disease and past weather linger as hay and oat harvest progress and prices drift on futures.
MENTIONED IN THIS ARTICLE
Mariene Lucas
Iowa Agriculture Statistics
Chicago Board of Trade
Midwest
Korean market ripe for harvesting with relationship focus
In Cedar Rapids, Phil Shull of the U S Embassy in Seoul urged Americans to build personal ties to succeed in Korea. He cited rapid 10 percent annual growth 1986–1991, high consumer prices for juice beef and bags, and Korea’s openness to U S goods while stressing that contracts follow relationships. Korea’s 45 million people make it the third largest U S agricultural market.
MENTIONED IN THIS ARTICLE
Marlene Lucas
South Korea
Pacific Rim
Phil Shull
U.S
Seoul
Korea
Cedar Rapids
Also Mentioned on This Page
Microsoft
Microsoft Corp
Borrow Livers
East Iowa Software Company
U of I Computer Simulation Technology
San Jose
Calif
George C. Ford
Gazette Financial Editor
By Marlene Lucas
America
Copyworks
1St Ave
Gary Speicher
CLO
Financial Planning Services
Iowa Hall
Kirkwood Community College
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!