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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Toronto
Health and Human Services
Tommy Thompson
U.S
European Union
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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