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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 10, 2011

Page

17

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.

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.

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.

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.

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.

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.

Associated Press Allegiant Air Las Vegas Allegiant Jordan McGee Iowa Cedar Rapids Henry H. Harteveldt Forrester Research

Also Mentioned on This Page

Wall Street Casey Moo Economist Arizona Florida George Ford Sourcemedia Lowell Lowa Phot the Gazette
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