Stocks Rise on Manufacturing Survey Signals
Wall Street posted gains as fresh evidence of a revived economy boosted trading. The Dow rose 201.84 to 9318.96 and the Nasdaq gained 40.09 to 1666.58 amid optimism on profit growth and a Yahoo upgrade. WindConnect to back a 204 megawatt New Mexico wind farm in a JV with FPL Energy. GMDEcertified vendor McLeodUSA wins data services contract for GM dealers across a 25 state footprint.
MENTIONED IN THIS ARTICLE
Wall Street
Russ Koesterich
State Street Corp
Boston
Yahoo
Dow
New York Stock Exchange
WindConnect
Alliant Energy
New Mexico
Taiban Mesa
Fort Sumner
FPL Energy
Public Service of
General Motors
McLeodusa Inc
McLeodusa
Cedar Rapids
Chris A. Davis
McLeod USA
East Iowa
Chy. Apac
Aegon NV
Alcoa Inc
Mestek
Moore Wallace Inc
Nash Finch
Arch Dan Mid
Pearson PLC Bandag Inc
Caseys Gen Store
Pentord Corp
Columbus McKinnon
PepsiCo
Come! Fed
Procter Gamble
Deere Co
Qwest Commun
RF Micro Devices
Dillards Inc Fastenal Co
Ralcorp Holding
Featherlite Inc
Rockwell Collins
Fiserv
Saks Inc
Genencor Inti Inc
Sealed Air
Gen Mills
Skyworks Solution
Gillette Co
Tanger Factory
Heartland Exp
Terex Co
Heinz
Toyota Met
Marsh & McLennan
WalMart
Maytag
Wells Fargo & Co
Weyerhauser
Interest rates fall in Treasury bill auction
The Treasury sold $18 billion in three month bills at 0.840 percent and $18 billion in six month bills at 0.845 percent. The rates understate actual returns to investors with $10,000 bills selling for $9,978.80 and $9,957.30 respectively.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Gazette
News Service
Regulators draw fire at Cedar Rapids business roundtable
Iowa small businesses protest costly federal rules at a regional hearing led by U S Small Business Administration Ombudsman Michael Barrera. Brad Henning of Kiefer Built warns $250 000 per company to comply with new trailer defect reporting rules may force some firms out of business. Speakers from eight groups described regulatory burdens and possible changes while politicians praised the effort.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Cedar Rapids
Brad Henning
Kiefer Built Trailer Manufacturing Company
Kanawha
National Highway Traffic Safety Administration
Hemming
Henning
Iowa
Small Business Regulatory Enforcement Fairness Roundtable
U.S. Small Business Administration
National Ombudsman
Michael Barrera
Barrera
Town Centre
Des Moines
Sioux City
Ottumwa
Council Bluffs
Iowa Communications
a_ Burwell
Neb
Portland pizza chain hires homeless for sign holding stunt
Peter Schoeff, 20, homeless, held a cardboard sign for about 40 minutes in Portland to promote Pizza Schmizza. He and others were paid with pizza and a few dollars, as founder Andre Jehan defends the humorous campaign as a gesture of kindness and creative advertising.
MENTIONED IN THIS ARTICLE
Portland
Ore
Peter Schoeff
Schmizza
Schoeff
Andre Jehan
Pizza Schmizza
Oregon
Washington
Pamara True
Portland, Ore
Iowa Corn Sees Quick Boost From Warm Weather
The weekly crop report shows corn 80 percent good to excellent and soybeans 79 percent, with warm dry conditions fueling rapid growth. Temperatures reached 91 in Logan as rainfall ranged from 0.02 to 3.50 inches, while Nebraska reports its best crops in years after a drought last year.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Gazette
Brandon Butler
Consumer Cooperative Society
Iowa City
Logan
Iowa
Butler
Nebraska
Elkader
Guttenberg
Little Sioux
Airbus Boasts A380 Deal Tops Paris Air Show
At Le Bourget Airbus signed a 12.5 billion dollar order for 41 jets including 21 A380 superjumbo aircraft for Emirates, the largest widebody purchase, while Boeing outlined its 7E7 Dreamliner as a future market leader amid industry gloom. Emirates also plans to have 43 A380s ordered or leased, with service expected by 2006. Rockwell Collins was chosen as standard equipment supplier for the A380.
MENTIONED IN THIS ARTICLE
LE Bourget
France
Boeing Co
Paris
Boeing
Airbus
Gulf
Emirates
John Leahy
Airbus’ Commercial Aircraft
Associated Press
Rockwell Collins
Cedar Rapids
Kelly Ortberg
Rockwell Collins Commercial Systems
Afghanistan
Iraq
Best Buy sells Musicland to Sun Capital Partners
Richfield Minnesota based Best Buy Co says it has sold Musicland Group to Sun Capital Partners of Florida. Sun Capital takes on all Musicland liabilities without cash payment. Musicland runs about 1100 Media Play Sam Goody and Suncoast stores nationwide including Sam Goody in Lindale and Westdale Malls and a Suncoast in Westdale Mall. Connie Fuhrman remains Musicland president as Sun Capital focuses on profitability within the first year of ownership.
MENTIONED IN THIS ARTICLE
Richfield
Best Buy
Minnetonka
Boca Raton, Fla
Bruegger’s Bagels
Wickes Furniture
Miles Kimball
Mattress Firm
Nationwide Mattress and Furniture Warehouse
Also Mentioned on This Page
Rhkende Widi Aglo
Nasdaq
N.Y
Alliant Energy Unit
Alliant
Madison
U.S. Department of Agriculture
Dan Morgan
Europe
Tom Harkin
Chuck Grassley
Jim Nussle
Jim Leach
Steve King
Paul Pate
Pie Gerry Ombudsman
AP Stockquote
London
Canning Stunts Communications Ltd
Beach N’ Billboards Inc
New Jersey
Iowa Agricultural Statistics
Aviation Industry
Iam Goody
Suncoast
Sun Capital Partners