Wall Street ends streak as markets slip on anniversary
The two year bull market closes with the S&P at 1320.02 down 0.1 percent, the Dow at 12213.09 off 1.29 points, and the Nasdaq at 2751.72 down 14.05. Walgreens Boots Alliance announces sale of its pharmacy benefits unit to Catalyst Health Solutions for 525 million cash to focus on its U S drugstore network.
MENTIONED IN THIS ARTICLE
New York
Walgreen Co
Pharmacy
Catalyst Health Solutions Inc
United States
Walgreens Health Initiatives
Caremark
CVS Caremark Corp
Walgreen
Toyota aims for 10 million yearly global vehicle sales
Toyota President Akio Toyoda outlined a global vision targeting 10 million annual sales by 2015. He stressed learning from past quality problems and the impact of the 2009 financial crisis as the company pursues rapid growth to recover from a recall crisis.
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Tokyo
Toyota Motor Corp
Toyota
Akio Toyoda
Toyoda
Casey's earnings flat after recapitalization charges
Casey's General Stores reports third quarter net income of 12.9 million dollars or 34 cents per share, unchanged from the prior year as recapitalization charges tied to a hostile takeover bid weighed on results. Year to date earnings per share are 1.64 versus 1.87 a year ago. The Ankeny company plans 4 to 6 percent store growth and has acquired 74 stores plus 14 new constructions in nine months.
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Ankeny
Casey's General Stores
Iowa poised for growth as agriculture and tech reshape demand
New Mexico economist Lowell Catlett told Cedar Rapids business leaders that Iowa and the nation should ride future world trends. He cited 16 years of 6 percent agri culture real estate returns vs 3.9 percent stock and 3.6 percent bonds, and noted rising middle class in developing countries. He urged embracing agricultural heritage and tech to attract retirees and sustain growth in Cedar Rapids.
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George C. Ford
Cedar Rapids
New Mexico
Iowa
Lowell Catlett
Regent’s
New Mexico State University
College of Agricultural, Consumer and Environmental Sciences
Cedar Rapids Area
Catlett
China
United States
India
Rural Iowa grocers close as options shrink in downturn
Roy's Hometown Grocery in Vinton closes leaving Fareway as the only local option on Sundays. Monticello Family Foods and Manchester Main Street Market face uncertain futures amid Walmart expansion. Coggon and Shellsburg stores reflect broader trends of store closures in rural areas.
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Dave DeWitte
Gazette
Roy
Vinton
Fareway
Monticello
Anamosa
Family Foods
Main Street
Manchester
Don McCurdy
Walmart
McCurdy
Kathy
Coggon
Main Street Market
Bentonville
Iowa State University Extension
Robert Patava
Jim Slosi
Charlotte
Tom Robinson
Shellsburg
Allegiant weighs variable pricing linked to fuel costs
Allegiant Air proposes a variable price ticket that could refund or charge travelers based on jet fuel costs up to a cap. The plan, disclosed to oppose a consumer protection rule, may appear risky yet gives future pricing flexibility. Analysts find the idea creative but potentially confusing.
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Associated Press
Allegiant Air
Las Vegas
Allegiant
Jordan McGee
Iowa
Cedar Rapids
Henry H. Harteveldt
Forrester Research
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