Business Week in Review Cedar Rapids and Beyond
Summary of regional and national business items: Eastern Iowa Airport expects 9 percent less rental car revenue over five years amid four bidders for five-year contracts. Macy's and J C Penney face trial over Martha Stewart Living Omnimedia cookware deals. Iowa notes explore Orascom fertilizer project. online penalties for suspended drivers begin. Rockwell Collins lands Airbus A350 rudder and brake contract and DoD GPS project funding. Peregrine Financial Group HQ for sale after bankruptcy and fraud case. J C Penney shares slide 16 percent after worse than expected loss. Trade mission to Vietnam and Philippines aims to boost Iowa pork and manufacturing exports.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Don Swanson
Rockwell Collins
Airbus
U.S. Department of Defense
Drought Threatens Iowa Apple Orchards Across State
Iowa apple growers face harsh drought risking business viability after last year’s 94 percent drop in production from 2011. ISU orchard yielded only 10 bushels in 2012, far below its 20 ton annual norm, as all Iowa enters drought with extreme conditions in the northwest.
MENTIONED IN THIS ARTICLE
Iowa State University
Iowa ends testing for aflatoxin in milk
The Iowa Department of Agriculture and Land Stewardship ends mandatory aflatoxin screening in milk after six months of testing linked to drought conditions. Four loads tested positive, all destroyed, with the last positive on November 7. about 88.46 million gallons tested since then.
MENTIONED IN THIS ARTICLE
Iowa Department of Agriculture and Land Stewardship
Iowa
Agriculture Department
Correction: Mutual funds closing results listed as of Thursday
An Associated Press error omitted Thursday closing mutual funds results from Friday’s Business 380. The list shows fund names, tickers, and closing figures as of 3 p.m. Thursday for American Funds, Dodge & Cox, DoubleLine, Eaton Vance, Fidelity, Nordic, Harbor, Oakmark, PIMCO, Price Funds, Vanguard, Wellspring, and Wasatch groups, with price changes.
MENTIONED IN THIS ARTICLE
Treasury
Barclays
Barclays US
Dow Utilities
Moodys Aaa Corp Idx
NYSE
Barclays Compt-Edidx
Vv A
Barclays US Corp
S&p
WEST
Wilshire
FED Funds
Russell
Mutual
Contrakt
Oakmark Funds
Vanguard Admiral 500
Name Nav Chg WshAp
Nordic
Eqtyme
Totlint
American Funds A Dodge&Cox Fidelity Selects
Itadm
TotStk
Income
ComEquip
Pimco Admin Pims Stigrad
Bala P
TotRtAd
Ttlbadm
Vanguard Insti Fds
Caplbap
IntiStk
Frank/Temp Frnk A Instidx
Capwga P
Stock
Incoma Px
Pimco Insti Pims TstkAdm
Inspi
Eupaca P
DoubleLine Funds
Frank/Tmp Frnk Adv AllAsset
WellinAdm
Vanguard
Associated Press
Dodge&Cox
Eaton Vance A
Vanguard Admiral
Itadml
Stigrad
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Dow Jones Industrials
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Fordm
Penford
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Pengrth
At&t Inc
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Altria
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IBM
RegionsFn
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RockwlAut
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WalMart
Donidsons
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Walgrn
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NextErain
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NorflkSo
Weyerhsr
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the Business Week
New York
Macy’s Inc
J.C. Penney Co
Martha Stewart Living
Omnimedia
Macy’s
Martha Stewart
Durham
Des Moines
Economic Development Authority
Debi Durham
Orascom Construction
Iowa Department of Transportation
Waterloo
Waterloo Convention and Visitors Bureau
Rockwell Nabs
Cedar Falls
Peregrine Financial Group
GA Keen Realty Advisors
Woodland Hills
Calif
Peregrin
Russell Wassendorf Sr
Penney
Standard & Poor
Vietnam
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Kim Reynolds
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Martha
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Agribusiness
George.ford
Sourcemedia.net
American Funds
Bala
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Tstkadm
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Wellin
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Vanguard Idx
Vanguard Insti