Treasury yields spike as Dow drops over 140 points
Wall Street wavered as the 10 year Treasury yield jumped to 4.15 percent, pushing indices lower. The Dow fell 145.00 points to 13,489.42 while the S&P 500 declined 20.86 to 1,612.84 and the Nasdaq slipped 26.80 to 2,599.96. Decliners outpaced gainers 3 to 1 on the NYSE. Dollar General shareholders face a $6.9 billion buyout by Kohlberg Kravis Roberts at $22 a share, with a vote in Goodlettsville, Tennessee.
MENTIONED IN THIS ARTICLE
Treasury
Wall Street
Standard & Poor
Dollar General
Kohlberg Kravis Roberts & Co
Iowa
Nashville
Goodlettsville
Michael Beck named president and publisher of Wausau Daily Herald
Michael Beck, publisher of the Iowa City Press-Citizen since 2000, is named president and publisher of the Gannett owned Wausau Daily Herald. Beck, 45, succeeds Génia Lovett who this month became president and publisher of The Post-Crescent in Appleton, Wisconsin. Beck joined Gannett in 1987 at The News-Press in Fort Myers and later served as Ithaca Journal editor before becoming Iowa City managing editor in 1995 and president and publisher in 2000.
MENTIONED IN THIS ARTICLE
Michael Beck
Iowa City Press-Citizen
Wausau Daily Herald
Gannett Co
Beck
Génia Lovett
The
Post- Crescent
Appleton
Wis
Gannett
News-Press
Fort Myers
Fla
Ithaca
N.Y
Iowa City
University of Iowa foundation taps life sciences startup evaluator
The University of Iowa Research Foundation hires Randy Weiss, a partner at Triathlon Medical Ventures, as a part time entrepreneur in residence. He will review selected life science concepts for potential venture funding and work with the foundation, the Iowa Centers for Enterprise, and promising faculty to identify funding avenues.
MENTIONED IN THIS ARTICLE
University of Iowa Research Foundation
Randy Weiss
Triathlon Medical Ventures
Research Foundation
Iowa Centers For Enterprise
Gazette
Iowa gas prices fall 7.9 percent in weeks after refinery issues
The Gazette reports Iowa’s average gas price dropped 7.9 percent from mid May to June 18 as refineries stabilized. State energy analyst Brian Crowe notes Iowa’s central location usually keeps prices below the national average but May refiners’ problems caused higher costs. Oil prices, heating fuels, natural gas, propane, and heating oil also eased slightly. Crowe warns prices may remain high or rise again if the supply stream falters.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Crowe
Iowa
Hezbollah
Israel
Buffalo CODY projects 80 million revenue in five to seven years
Buffalo CODY of Cedar Rapids reports 2007 revenue reaching 40 million, up from 17 million in 2003, with growth driven by on site fundraising management at 50 campuses and a rising enrollment management division. The firm employs about 400 full time staff and 1,800 part timers and plans expansion into Colorado and London with acquisitions and a first sale to Nanyang Technological University in Singapore. The leadership aims to double business to 80 million within five to seven years and will celebrate the revenue milestone with full time staff and spouses this weekend in Cedar Rapids.
MENTIONED IN THIS ARTICLE
George ©. Ford
the Gazette
Edar Rapids
Cedar Rapids
Buffalocody
Kirkwood North Rd
al Ruffalo
Buffalo
Computo
Buffalo Cody
Ushers Ferry
Ruffalo
Denver
Colo
Colorado
London
Ruffalo- Cody
Nanyang Technological University
Singapore
Mark Tade
Kirkwood Community College
Senate stalls bid to end ethanol tariff amid debate
Washington Sen Grassley urged protecting infant U S ethanol industry from Brazilian competition as the Senate rejected Judd Gregg s bid to scrap the 54 cent per gallon tariff on imported ethanol. Gregg touted lower fuel costs for motorists but failed to secure 60 votes. Harkin and ethanol states backed the tariff defense. Brazil shipped 433 million gallons last year despite the tariff, with Caribbean processing noted under a separate agreement.
MENTIONED IN THIS ARTICLE
Washington
Senate
Sen
Chuck Grassley
Iown
Grassley
Judd Gregg
R-N.h
Gregg
Brazil
Venezuela
Hugo Chavez
Tom Harkin
D Lowa
John Thune
R-S.d
United States
Caribbean
Exchange-Traded Funds Rise in Popularity and Cost Efficiency
The piece explains how exchange-traded funds work, their growth since 1993, and why they appeal to some investors. It notes lower costs like VWO at 0.3 percent, trading fees, and suitability for those with larger min investments. It includes expert views from Jeff McComas and Tim Gunderson on ideal users and tax considerations.
MENTIONED IN THIS ARTICLE
Jeff McComas
Woodbury, Muni
McComas
Tim Gunderson
Tradition Wealth Management
Edina
Minn
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Life Sciences
Calidor
Dst Ave
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C.R. BP
Williams Bird
C.R. Casey's
Dubuque & Mare
J.C. BP
1St Ave
Coresville
Weiter
David
Dewitte
Gazettecommunications. Com
Cedar Rapid
SSE
Oil Price Information Service
Geomeford
Gazettecommunications.com
al Buffalo
Emmya
Aol
Kara McGuire
Minneapolis Star Tribune
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