May retail sales rise modestly signaling steadier consumer spending
The Commerce Department reports a 0.3 percent gain in May retail sales, below the 0.6 percent expected, while April was revised up to 0.5 percent. Core sales were flat, with gains in autos, building materials, garden equipment, and online shopping offset by declines in sporting goods electronics apparel and dining.
MENTIONED IN THIS ARTICLE
Commerce Department
Wall Street
Millan Mulraine
TD Securities
New York
Anthony Karydakis
Miller, Tabak
Farmland market stable despite predictions
The Iowa farmland market remains stable despite forecasts of income and land value declines. Farmers National reports strong mid 2014 real estate sales with mixed auction results. average Iowa good farmland value sits around $11,104 to $12,250 per acre depending on source, helped by higher grain prices and export demand.
MENTIONED IN THIS ARTICLE
Iowa
Farmers National Co
Iowa City
Larry Greiner
Farmers National
Sioux County
Greiner
Lone Tree
Realtors Land Institute
Troy Louwagie
Hertz Farm Management
Mount Vernon
Louwagie
Randy Dick
Liz Martin
the Gazette
Mark Farrington
Mechanicsville
Brad Lieser
Tipton
AT&T defends DirecTV merger to regulators
AT&T argues the 48.5 billion deal would expand consumer choices and enable bundled high speed broadband and video. The filing to the FCC says scale is needed to compete with Time Warner Cable and Comcast, with antitrust review also by the Justice Department.
MENTIONED IN THIS ARTICLE
At&t
Directv
U.S
Federal Communications Commission
U.S. Department of Justice
Rectv
Time Warner Cable
Comcast
Cable
United States
Charter
Michaels plans summer IPO after years of delay
Michaels Companies aims to launch an IPO this summer after private equity owners Blackstone and Bain pulled the company from a 2012 filing and later reorganized. The crafts retailer with a Cedar Rapids store plans to market shares in the coming weeks while saying a 2013 data breach affecting about 400 000 cards should not affect the offering.
MENTIONED IN THIS ARTICLE
Michaels Companies
Cedar Rapids
Michaels
Blackstone Group LP
Bain Capital
John Menzer
Bain
Blackstone
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George C. Ford
George, Ford
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