Stocks end mixed after Nokia warning spooks markets
The Dow rose 26.29 to 10948.38 while the Nasdaq fell 0.83 to 2169.95. Volume reached 1.35 billion shares as gains slightly outpaced losses on the NYSE. In Iowa focused listings GE and P&G rose, Weyerhaeuser and Rockwell fell amid broader move. A separate federal suit over Sears life insurance settlements nears a tentative agreement affecting up to 100000 retirees.
MENTIONED IN THIS ARTICLE
Nokia
New York Stock Exchange
Iowa
General Electric
Procter & Gamble
Weyerhaeuser
Rockwell
Sears, Roebuck and Co
Peter N. Wasylyk
Associated Press
Sears
Department
Che Industrial
NokiaCorp
GenlElec
NortelNet
shareucentTech
American Stock Exchange
Cisco
Oracles
Bow Jones
Amex
Biotech
Computer
Standard & Poor's
Indust Finance
Low * S Insurance
Indust
Asser
Utilities Transpt
Wilshire Associates
Mortgage delinquencies level off as foreclosures rise in 2001
The Mortgage Bankers Association reports a slight fall in loans more than 30 days late in early 2001, while foreclosures increased. The shift follows a late-2000 spike blamed on higher energy costs and tighter budgets. The survey spans over 30 million loans, about half of all first-lien residential mortgages.
MENTIONED IN THIS ARTICLE
Mortgage Bankers Association of America
Association
United States
recall of Jungle Jammers Animal Cookies for undeclared milk and eggs
D.F. Stauffer Biscuit Co. recalls 8,168 cases sold in 12 states through Save-A-Lot due to milk and eggs not listed on the label. No illnesses reported. 13 ounce boxes bear codes 01302C 02012A 02012B 02232B 02232C 02242A 03062B. refunds offered.
MENTIONED IN THIS ARTICLE
D.F. Stauffer Biscuit Co
York
Save-A-Lot Food
Stauffer Company
DNA firm doubles Coralville plant expansion
Integrated DNA Technologies Inc. completes a 43 500 square foot expansion at 1710 Commercial Park in Coralville, boosting synthesis capacity to 20 000 DNA segments per day by year end. The expansion supports 16 000 customers and global markets, with a ribbon cutting at 10 30 a m. and uses patents in DNA probe amplification and antisense technology.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Coralville — Integrated Dna Technologies Inc
Coralville
Commercial Park
IDT
Deb Scherer
Fundamen
Tal
Roman Terrill
Demand grows for Enlighten’s legal data network in courts
Enlighten Technologies Inc. expands e SDN use beyond video hearings adding juvenile visits and immigration and Social Security hearings. Contracts in Buena Vista and Mower counties Iowa Story County and ISAC Des Moines increase sites to 23 with a California based court reporter service at Irvine operations center.
MENTIONED IN THIS ARTICLE
E‘sdn
Iowa
Enlighten
Ric Lumbard
Lumbard
Buena Vista
Mower County
Chicago
U.S. Immigration and Naturalization Service
U.S. Social Security Administration
Enlighten Technologies
Cedar Rapids
USDA trims winter wheat forecast citing smaller yields
The USDA lowers the 2020 winter wheat crop forecast by 2 percent to 41.2 bushels per acre from 41.8, with total acres harvested at 32.1 million—the smallest since 1957. Prices rise to about 3.05 per bushel while soybeans gain to 4.30 and corn to 1.90, reflecting export shifts. Don Roose notes agriculture prices are improving.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
Hy-Vee Cited by Labor Dept for Child Labor Violations
Hy-Vee Inc faced U S labor department penalties after 18 investigations across four states found workers aged 14 to 17 loading paper balers operating slicers and working in freezers in violation of the Fair Labor Standards Act. The chain paid over 200000 and will stop violations while adding age specific name tags and equipment restrictions to ensure teens clock out before 7 p m.
MENTIONED IN THIS ARTICLE
DES Moines
Hy- Vee, Inc
U.S. Department of Labor
Percell Maupins
Hy-Vee
Ruth Mitchell
Mitchell
Comair pilots and officials resume salary negotiations
Negotiations between Comair and its striking pilots resume in Washington via the National Mediation Board through Thursday. The restart follows a Friday meeting with Transportation Secretary Norman Mineta, aimed at ending the first U.S. airline strike in three years.
MENTIONED IN THIS ARTICLE
Washington
Comair
National Mediation Board
Transportation
Norman Y. Mineta
Mediation Board
Mineta
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