Wall Street Gains as Dow, Nasdaq Rise on Inventory Drop
Stocks climbed for a second day as government data showed a fall in company inventories. The Dow added 2.95 points to 10,567.33, the S&P 500 rose 5.16 to 1,145.61, and the Nasdaq Composite increased 18.27 to 2,358.95, reaching an 18 month high. The market remains off from peaks reached a decade earlier. The biodiesel credit bill passed the Senate 62 to 36 and retroactively restores the $1 per gallon blender credit to Dec 31, 2009, with jobless benefits and tax incentives extended. The National Biodiesel Board urged swift reconciliation with the House proposal and White House passage.
MENTIONED IN THIS ARTICLE
United States Senate
Iowa
American Workers, State and Business Relief
National Biodiesel Board
House
Senate
Obama
Foreclosure counts slow growth as housing market data ease
RealtyTrac reports February foreclosures rose 6 percent from a year ago, totaling over 308000 notices, the smallest annual increase in four years. Wholesale inventories fell 0.2 percent in January while sales rose 1.3 percent, keeping the inventory to sales ratio at a record low of 1.10.
MENTIONED IN THIS ARTICLE
RealtyTrac Inc
U.S
Irvine
Calif
Commerce Department
Dex One updates Iowa with online and print directory options
Dex One Corp expands phone directory reach in Iowa with a Web site selectyourdex com for choosing directory type and delivery. The company offers Dex full size white and yellow pages, a DexPlus yellow pages option, and a Community Edition in larger cities.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Dex One Corp
Cary
N.C
Ity
Dex
DexPlus
Cedar Rapids
Iowa City
Iowa
Dex One
DexKnows.com
Yellowbook
Yellowbook.com
Mem orize Words for Spanish tops educating app by Componica
Coralville based Componica built Memorize Words for Spanish an education iPhone app that reached the top five on Apple's education list and stayed in the top 25. Downloads surged to 700 800 per day at peak with a $6.99 price as the company refined its marketing and added medical terms and flashcard style recall. Mitchell notes a feedback loop boosted by free versions and favorable reviews while planning Russian and French versions using the same template.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Coralville
Companica
Apple
Companioa
Steven Mitchell
Mitchell
Componica
Lady Luck
Ican
Russia
Chicago
MEDCO marks 25 years of growth in Marion
MEDCO celebrated its 25th anniversary with a recognition of founders led by Vic Klopfenstein at the Long Branch Convention Center. The event highlighted seed money from local groups, initial support from two banks, and ongoing efforts to attract jobs and expand manufacturing in Marion. Dr. Ronald Cox of Iowa State University urged continued growth in manufacturing as a pillar of Iowa’s economy.
MENTIONED IN THIS ARTICLE
Marion Economic Development Company
MEDCO
Vic Klopfenstein
George Lowe
Klopfenstein
Longbranch
Marion
Ronald Cox
Iowa State University
Iowa
Cox
Indiana
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Associated Press
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Chantilly
Yellow Book
Laughlin
George.ford
Gazcomm.com
Boggles
Coralville Software Firm
Sions
University of Iowa
Oakdale
David.dewitte
Poviory
Ean
Michael Merickel
North Liberty
Sarah Hinds
Patrick Kellen