Stocks Slip as Bond Yields Rise on February Jobs Outlook
The Dow falls 1.15 to 6944.70 amid rate worries and Friday’s February jobs report. Eastern Iowa stocks show 17 gainers, 17 losers, nine unchanged, with United Technologies up 1 percent and General Electric up 1 to 104. Procter Gamble and APAC TeleServices slip.
MENTIONED IN THIS ARTICLE
Iowa
United Technologies
W.R. Grace
AEGON
General Electric Advanced
MidAmerican Energy
United Fire & Technology
Procter & Gamble
Apac TeleServices
Hon Industries
Teamsters push for first McDonalds union in North America
In St. Hubert Quebec 51 of 62 McDonalds workers sign union cards backing Teamsters Local 973 as they aim to unionize the Montreal suburb outlet marking a potential first for the chain in the region. Separately U S News corrects a ranking error affecting law school standings and graduate guides.
MENTIONED IN THIS ARTICLE
Teamsters Union
McDonald’s
Montreal
North America
Teamsters
St. Hubert
McDonald's Restaurants of Canada Ltd
Teamsters Local
U.S. News & World Report
U.S. News
McLeodUSA Receives Nearly $1 Billion to Expand Local Phone Service
Cedar Rapids based McLeodUSA raises about 1 billion over nine months via stock and debt to push expansion of local and long distance phone service, Internet, and directory publishing. The plan spans Iowa to adjacent states, aiming at a $200 billion market growing 7 percent annually.
MENTIONED IN THIS ARTICLE
George C
Gazette Financial
McLeodusa
Cedar Rapids
US West Communications
Midwest
United States
Clark McLeod
McLeod
McLeod USA
Marion
Iowa City
Des Moines
Clinton
Muscatine
Iowa
Illinois
Minnesota
Colorado
Idaho
Montana
Nebraska
North Dakota
South Dakota
Utah
Wyoming
McLeodusa Publishing Co
Indiana
Ohio
Michigan
Kensington Sues Norand Over Unpaid Residual Inventory
Kensington Electronics of Aliso Viejo California sues Norand Corp in Orange County Superior Court seeking 300000 for unpaid residual inventory and related costs from a contract to buy 148000 units of eight printed circuit boards used in Norand mobile computing hand held units. Kensington cites damaged supplier relations and pursuit of recovery after Norand reneged. Norand news notes Western Atlas agreed to acquire Norand for 261.3 million.
MENTIONED IN THIS ARTICLE
Norand Corp
Cedar Rapids
Kensington Electronics Inc
Aliso Viejo
Calif
Orange County
Kensington
Norand
Noland
California
John Rabbitt Sr
Washington Mutual makes bid to buy Great Western
Washington Mutual Inc. agrees to a 6.64 billion takeover of Great Western Financial Corp. as a white knight move to deter H F Ahmanson. The deal would create the nation's largest thrift, with Ahmanson touting cost cuts of 400 million annually versus WaMu's 340 million.
MENTIONED IN THIS ARTICLE
Los Angeles
Great Western Financial Corp
Washington Mutual Inc
H.F. Ahmanson & Co
Washington Mutual
Great Western
Ahmanson
Washington Mutual Savings Bank
American Savings Bank
Home Savings of America
Kerry Killinger
John Maher
Self-employed can deduct for retirement plans
Self employed workers and freelancers can deduct substantial amounts for their 1996 tax return by contributing to a Keogh plan or SEP. Contributions to Keogh must be established by December 31, 1995, to count, but SEPs offer a later cutoff with extensions. Contributions can be made up until the return due date, potentially after April 15 with an extension, and still qualify for 1996.
MENTIONED IN THIS ARTICLE
Gary Kiott
Knight Ridder News Service
Free Lancers
Keogh
Nevada Bob’s to open Coralville golf shop by April 1
Nevada Bob’s plans a 2000 square foot golf shop occupying two thirds of the former Toyota showroom on Highway 6 in Coralville. Randy Ward says the lease runs through December with potential for permanent or summer‑only operation depending on customer demand and store performance. The franchisee Gary Updegraff notes five staff will be hired and highlights the area’s strong market potential.
MENTIONED IN THIS ARTICLE
Gazette
Johnson County Bureau
Coralville
Nevada
Bob's Golf Shop
Toyota of Io
Charlie
Bob’s
Omaha
Neb
Des Moines
Cedar Rapids
Waterloo
Iowa City
Updegraff
Ward
Nevada Bob’s
Updegraffs
Gary Updegraff
Also Mentioned on This Page
Magazine
Yale University Law School
University of Iowa Law School
U.S
Western Atlas Inc
Beverly Hill
Western Atlas
Bob’s Plans Golf
By Jim Jacobson
Toyota
Highway
de Hehe CaPe
The
Ness
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