Wall Street rises on buyout optimism and solid earnings
Wall Street rallied on Monday as the HCA Inc buyout and strong earnings from two drugmakers eased recession fears. The Dow jumped 182.67 to 11,051.05 and the Nasdaq climbed 41.45 to 2,061.84 as advancers beat decliners over four to one.
MENTIONED IN THIS ARTICLE
Wall Street
HCA Inc
New York Stock Exchange
Cedar Rapids Airport sets June passenger record
Eastern Iowa Airport reports 90,714 travelers in June, surpassing the 2005 June high of 90,271. Through June 30 the year-to-date total reaches 515,192, up 3.1 percent from 2005, as Dan Mann notes continued growth supports Corridor economic development and air service expansion.
MENTIONED IN THIS ARTICLE
Iowa
Cedar Rapids
Dan Mann
Mann
Walgreen plans more in store health clinics nationwide
Walgreen Co plans to expand health services by opening more in-store clinics. CVS Corp, expanding via MinuteClinic acquisition, aims to boost retail clinic offerings. Walgreen opened 10 Health Corner Clinics in Kansas City and plans nine more in the St. Louis area this summer.
MENTIONED IN THIS ARTICLE
Walgreen Co
U.S
CVS Corp
MinuteClinic
United States
CVS
Deerfield
St. Louis
Treasury auction shows mixed rates on short bills
The Treasury sold 16 billion in three month bills at a 4.975 percent discount, up from 4.965, and 15 billion in six month bills at 5.060 percent, down from 5.090. Three month price for 10000 is 9874.24 and six month price is 9744.19.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Gazette and Wire Reports
Storms hit United Fire profits in second quarter
United Fire & Casualty Corp reports net income of 22.9 million in the quarter ended June 30, down from 26.9 million a year earlier. Revenues rose to 156.9 million as catastrophic losses from spring storms including an Iowa City tornado and Missouri storms reduced earnings. CEO John Rife noted 8.8 million in catastrophe losses to date, with premium rates falling and Gulf Coast exposure being trimmed.
MENTIONED IN THIS ARTICLE
George
Ford
The
Gazette
Cedar Rapids
Iowa City
United Fire & Casualty
John Rife
United Fire
Midwest
Rife
Missouri
Lion
Gulf Coast
New Orleans
Louisiana
New Cedar Rapids Uniform Store Sees Owner Change
Kieck's Career Apparel in Cedar Rapids passes to Scott and Kim Loggins in December. Longtime staffers Tom Houlahan and Julie Hines remain, keeping trusted service. The store continues supplying police fire EMTs and security uniforms with construction farm and industrial wear, plus chef wear and staff outfits. New focus includes colorful Dickies scrubs and expanded custom embroidery for booster clubs and corporations.
MENTIONED IN THIS ARTICLE
Marlene Lucas
de Gazette Edar Rapids
Kieck
Tom Houlahan
Julie Hines
Cedar Rapids
Scott
Kim Loggins
Bob Kieck
Tom
Julie
Kieck's Career Apparel Promo Mention on Page 7B
Kim Loggins, 48, a former dental assistant and stay-at-home mom, notes friendship with Julie Hines as Kieck's Career Apparel in Cedar Rapids features GoDaddy affiliation and online presence. The location is 619 Second Ave SW Cedar Rapids with TM and contact info.
MENTIONED IN THIS ARTICLE
Kieck
Career Apparel
Second Ave
Cedar Rapids
Kiecks
GoDaddy
Kim Loggins
Julie Hines
Bob
Trade talks collapse over farm aid gaps at WTO
In Geneva WTO members halt more than five years of liberalization talks as farm aid disputes widen. Lamy warned no end date for the Doha round amid EU India friction, US blame, and calls from G8 leaders for a new deal.
MENTIONED IN THIS ARTICLE
Geneva
WTO
Pascal Lamy
World Trade Organization
Chuck Grassley
A-lowa
India
Celso Amorim
European Union
U.S
United States
Brazil
Watcher of funds picks bad and good
81 year old emeritus finance and law professor Louis Lowenstein positions to critique mutual funds He argues value funds beat large growth funds over five years ending Aug 31 2005 and that investors should favor disciplined long term managers He lists 10 value funds and notes several have openings for new investors.
MENTIONED IN THIS ARTICLE
Ouis Lowenstein
Lowenstein
Nokia Corp
Center For Law and Economic Studies
Columbia Law School
Standard & Poor
Robert Goldfarb
Sequoia Fund
Clipper Fund
FPA Capital
First Eagle Global
Mutual Beacon
Oak Value
Oakmark Select
Longleaf Partners
Legg Mason Value
Source Capital
Tweedy Browne American Value
Clipper
Franklin Templeton Investments
Fairholme
Longleaf Partners International
FPA Perennial
FPA Paramount
Also Mentioned on This Page
AIR Travel
Walgreen
1St Ave
15Th St
C.R. WalMart
Southwest
C.R. HandiMart
Dubuque & Market
C. BP
Coralville
United
C.R
George. Ford
Gazettes
Uniform Service
Leila Navidi
Tim Daubs
Linn County Sheriff's
Kieck’s
Dickie
Kim
Scott Loggins
Doha
Qatar
Ap Richards Associated Press