Firms report strong Q2 1997 earnings and asset gains
Brenton Banks Inc posts a second quarter net income of 4.407 million, up 23.5 percent from a year earlier, with first half fiscal 1997 net income at 8.608 million, assets at 1.655 billion. APAC TeleServices Inc reports Q2 results with net income at 8.6 million, revenues 91.6 million, and year-to-date income 17.1 million. Rockwell International shows lower net income in Q3 despite higher sales at 1.929 billion. Columbus McKinnon and Midland Forge report mixed results with pro forma adjustments and acquisitions affecting comparisons.
MENTIONED IN THIS ARTICLE
Brenton Banks Inc
Apac TeleServices Inc
Cedar Rapids
Deerfield,ll
Rockwell International Corp
Columbus McKinnon Corp
Midland Forge
Buffalo, N.Y
Yields Fall on Two Year Treasury Auction
Two year Treasury notes fell to the lowest yield in five months in Tuesday's auction. The high yield reached 5.93 percent, down from 6.027 percent at the June 24 sale, with a 5 percent coupon and a $9,989.80 price per $10,000.
MENTIONED IN THIS ARTICLE
Treasury
Greenspan energizes Dow past 8000 on midyear report
The Dow Jones rose 154.93 to 8061.65 as Alan Greenspan testified to Congress. He warned on inflation but signaled tolerance for rate hikes, lifting markets after Friday’s slide and surpassing the prior record close. Volume surged to 579.56 million shares with broad gains among names like HON, P G, ROK, AEGON, IP, Weyerhaeuser, Gillette, United Technologies, Kodak, GE, and Firstar.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Alan Greenspan
Congress
Dow
Washington County Fair unites farm generations
At the 1942 Washington County Fair a 13 year old 4 H member and local farmers discuss restoration of an Oliver tractor. Vic Bowen arrives late due to rain and chases escaped cattle while noting a scaled down grain wagon display. Livestock shows and events are scheduled with a rodeo and demolition derby on coming days.
MENTIONED IN THIS ARTICLE
Washington
Washington County
Heath Frieden
Kalona
Vic Bowen
Keota
Bowen
Oliver
Frieden
Jimmy's Bistro owner plans second Iowa City restaurant
Jim Rinsem, owner of Jimmy's Bistro at 325 E. Washington St., says a second restaurant, Jimmy's Brick Oven Cafe, will open in Walden Square on Mor mon Trek Boulevard. The Western California style menu centers on a large brick oven with 170 inside and 75 outside seats.
MENTIONED IN THIS ARTICLE
Jim Jacobson
Johnson County
Iowa City
Jimmy
Rinsem
California
G.A. Malone’s
Sluggers
Rinsem and
Sundberg Design Consulting
Cedar Rapids
McComas-Lacina Construction
Art Chapman
New C R building to house gem firm
A two story structure at 3186 Mount Vernon Rd SE will replace an older building that houses Blue Stone gem business with two apartments above. Blue Stone, opened by Gerry and Helen Sullivan in 1995, will occupy 1203 square feet in mid August in one of two retail spaces on the new lower level. The other retail space remains vacant. The new building includes three apartments on the second floor and after completion the old building will be demolished for a parking lot.
MENTIONED IN THIS ARTICLE
Gazette
Mount Vernon Rd
Gerry and
Helen Sullivan
Blue Stone
Gerry Sullivan
Mike Odell
Odell Construction
Branstad Opposes Dictatorship by Scientists on Hog Lot Rules
Des Moines AP governor Branstad urges regulation based on science and practicality and warns against allowing professionals to dictate hog lot standards without public input. He cites hearings and opposes local officials’ role, while dodging a question on Lightfoot’s stance.
MENTIONED IN THIS ARTICLE
Branstad
DES Moines
Terry Branstad
Jim Ross Lightfoot
Also Mentioned on This Page
Brenton
APAC
Rockwell
Columbus McKinnon
Greenspan Enlivens Dow
Greenspan
Capitol Hill
Fed
Central Bank
New York Stock Exchange
Iowa
HON Industries
Procter & Gamble
AEGON
International Paper
Weyerhaeuser
Gillette
United Technologies
Western Atlas
Norwest
General Electric
Eastman Kodak
Firstar
Penwest
By Marlene Lucas
Danny Gent
Matt Gent
Matt
C.R
Iowa Equipment Distribution Program
EDP
W. Broadway
Council Bluffs
U.S
FIS
Frontier Investmed
Advis
Ffutures.com
Pup, Inc
Carpet & Furniture
16Th Ave. S.W
Nyse Index
Amex
Biotech
Computer
Finance
Indust
Insurance
Associated Press
Philip Morrs
Ibms
PepsiCo
At&t Corps
American Stock Exchange
Indus
Standard & Poor’s
Wilshire Associates
Kevin Dire
acCarville
EduCare
EduCare Learning Centers
42Nd Street
Southwest Branch
14Th Avenue
1St Avenue
u.Weed
Anot