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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 11, 2002

Page

14

Wall Street stalls after tentative rally slips to slim gains

The Dow up 55.73 to 9645.40 and the Nasdaq down 4.79 at 1530.69 marked a cautious session as investors took small wins amid mixed volumes. Wal-Mart rose to 56.40 and Kohl’s gained 1.17 to 75 while Alliant Energy’s Erroll Davis Jr elected EEI chairman. Sheaffer Pen plant in southeast Iowa laid off 19, with 77 workers remaining as a weeklong shutdown begins. Treasury bills sold 17 billion three month at 1.72 percent and 15 billion six month at 1.85 percent amid adjusted yields.

Wall Street New York Stock Exchange Wal- Mart Kohl’s Alliant Energy Corp Erroll Davis Jr Edison Electric Institute EEC EEI U.S United States Davis Alliant Energy Iowa Sheaffer Pen Jeff Stein Stein Sheaffer BIC Corp Treasury Treasury Department ADM Aegon No Alcoa APAC Casey's Columbus McKinnon Commercial Federal Conexant Fastenai Co Featherlite Fiserv Genencor General Mills Heartland Express Heinz HON Incl International Paper Keane Inc Kohl's Longview Fibre MACC N/C Marsh & McLennan Maytag MC Group McLeodusa Inc. i Mcpetne Inc. (P Mester Moore Nash Finch Pearson Penford Corp Procter & Gamble Qwest Raicorp RF Micro Devices Rockwell Collins Saksinc Sealed Air Tanger Factory Terex Tovote Union Planters United Fire Anove U.S. Bancorp U.S. Cellular Verizon Wal-Mart Wells Fargo

Iowa farmland values rise 2 percent in first quarter

A survey of agricultural bankers shows Iowa farmland values up 2 percent in the first quarter, with regional shifts. Values for good Iowa farmland rose 5 percent for the year ending April 1, while southeastern Iowa fell 1 percent in Q1.

Marlene Lucas The Gazette Iowa Federal Reserve Bank of Chicago North Central South Central Federal Reserve District Illinois Indiana Michigan Wisconsin Lee Vermeer Farmers National Co

Iowa crop conditions vary as rainfall unevenly spreads

The Iowa Crops Weather report details wide regional moisture gaps with east central districts showing 43 percent adequate topsoil moisture while west central areas run 5 percent very short. Corn and soybean ratings are mostly good to excellent statewide, with national figures slightly higher in some cases.

Iowa Iowa Crops Z East Central Linn Johnson Counties West Central

Universal Engineering completes Cedar Rapids plant buyout

Daniel Ferguson and Thomas Werning finalize a management buyout of the former Metso Minerals Cedar Rapids plant. The new Universal Engineering Corp. will operate as a U.S. based unit with 117,000 square feet and a product line including crushers and feeders. About 35 Metso employees were affected. some moved to other U.S. operations.

Dave DeWitte Ne Metso Minerals Cedar Rapids Metso Svedala Industri AB Sweden Universal Engineering Corp Daniel Ferguson Thomas Werning Universal Crusher Ferguson Werning U.S Helsinki Universal Svedala

Suburban Lumber expands with new Cedar Rapids site

Suburban Lumber Co acquires the former Payless Cashways at 2630 Wiley Blvd SW Cedar Rapids and consolidates operations at 2951 Williams Blvd SW plus a warehouse on Wilson Avenue adjacent to CRANDIC rail yards. The move, to be completed in September after remodeling, expands a 60,000 square foot footprint and widens The Kitchen Source showroom for cabinet sales and design staff.

George C. Ford Tne Cedar Rapids Payless Cashways Wiley Blvd Suburban Lumber Co Williams Blvd Wilson Avenue Crandic Rick Flynn Suburban Lumber Payless Flynn Wiley Boulevard

Bush opposes biotech food labels at BIO 2002

HHS Secretary Tommy Thompson told the BIO 2002 conference that mandatory labeling of genetically engineered foods will frighten consumers and implies safety concerns. The piece notes EU bans since 1998 and global labeling debates affecting US exporters and European biotech firms.

Toronto Health and Human Services Tommy Thompson U.S European Union

Also Mentioned on This Page

Nasdaq Alliant Lead Industry Trade Association Iowa City AP Stockquote Local Sam Kain Farmers National Company Des Moines Marlenel Region Serve Bank of Chicago Garette Christina Burke St. Luke’s Andy Kremer Monticello Pearson Wall Systems Nassif Heart Center St. Luke’s Hospital United Heart Associates Heart Center Marlene Lucas de Gazette Glenwood Atlantic Perry Dubuque Cascade mariensSyiowa C.R. Company David DeWitte Davidd Tyiowa K.C. Flynn Joseph Flynn John Platz Bob Flynn Scott Olson Doug Lemon Skogman Commercial Group Blaine McLellan Expert Realty Kansas City George Ford Georgef Bush Tom Wehmeyer Linn Area Credit Union Tom Harry Incua Blairs Ferry Road
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