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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 14, 2000

Page

19

Stocks rise on retail data as Fed rate hold eyed

The Dow gained 57.63 to 10,621.84 and the Nasdaq rose 83.15 to 3,851.06 as investors priced in a slowing economy that could convince the Fed to hold rates. NYSE volume reached 910.81 million shares with 25 Eastern Iowa stocks up and 19 down. RF Micro Devices up 6.75 to 119.50, Wal-Mart 2.25 higher to 55, McLeodUSA 2 to 23.06, Quaker Oats 1.56 to 72.44, Sealed Air -1.62 to 53.69, Conexant -1.50 to 42.50.

Federal Reserve New York Stock Exchange Iowa Wal-Mart McLeodusa Quaker Oats Conexant

Maytag dodges Electrolux takeover rumor comment

Maytag Corp declined to comment on market rumors of a takeover by AB Electrolux and on stock moves. A Maytag spokesman said the rumor has circulated for weeks and stock chatter is not addressed. Maytag shares rose 4.44 to 39 on the NYSE.

Maytag Corp AB Electrolux Electrolux James Powell Maytag Powell Reuters New York Stock Exchange

Appeals court agrees to hear Microsoft's antitrust appeal

The U S Circuit Court of Appeals agreed to hear Microsoft’s appeal of the breakup order in its antitrust case. The panel will consist of seven judges after disqualifications, as the court said the matter is of exceptional importance and direct Supreme Court involvement may be pursued. The decision followed Nasdaq trading as regulatory maneuvers unfolded.

Washington U.S. Circuit Court of Appeals Microsoft U.S Thomas Penfield Jackson Circuit Court Supreme Court Court of Appeals Jackson

Crude oil surges as OPEC doubts threaten prices

Prices for crude oil rise to three month highs amid uncertainty over OPEC production, with the White House pressing oil producers to ease gas prices. July crude climbs to $32.56 a barrel on the NYME after hitting $32.85, while July unleaded futures reach $1.0622.

OPEC White House New York Mercantile Exchange

AEGON Partners With Cedar Rapids Barbecue Roundup for Mini Job Fair

The 13th Annual Barbecue Roundup in downtown Cedar Rapids June 22 to 25 will feature an AEGON USA mini job fair at the event. The company will host interviews at its booth from 11 am to 6 pm on June 22, offering the first 250 qualified applicants complimentary admission.

Joe Drakozal Priority One Tammy Koolbeck Five Seasons Center AEGON Theatre Cedar Rapids Wendy Murray Aegon Human Resources Department

SEC orders decimal stock trading by April 2001

The SEC mandates all stocks on U.S. exchanges be quoted in dollars and cents by next April, aiming to reduce investor costs. NYSE and Nasdaq start decimal trading pilots on Sept. 5 with 50 stocks and an unspecified number respectively, in a shift the regulators say will boost market competitiveness and cut commissions.

SEC Washington U.S New York Stock Exchange NYSE Richard Grasso Securities and Exchange Commission

Also Mentioned on This Page

Dow Target AOL Target Stores America Online Inc Aol.com CompuServe Netscape Netcenter AOL Digital City Target.com Toy William Casley Killgallon Killgallon The Ohio Art Co England Appeals Court Kirkwood Dawn Drogemuller Ely Elmo Kirkwood College FFA Associated Press Aegon Holding C.R George C. Ford the Gazette United Security Savings Bank, F.S.B Edgewood Road Lowa Marion Boulevard Marion FDIC IRS Social Security Administration Heritage Area Agency On Aging Jim Kennedy Jeffrey A. Johnston LUTCF CSA Linda Dearinger Marion Marion Public Library 6Th Avenue Primus Ranch Cedar River Mike Barrigar Collins Community Credit Union 42Nd St Southwest Branch 14Th Ave 1St Avenue 1St Ave. SF 35Th Street 35Th St Marion Branch NCUA
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