Markets end mixed on tech jitters as Tricon shifts to Yum Brands
Stocks closed with gains on the Dow 10,632.35 while the Nasdaq fell 1.7 percent to 1,897.12. Maytag and Procter & Gamble rose, WorldCom tumbled after SEC document requests. Alliant Energy unveils Operation ReLeaf offering $65 trees for $25 in ten Iowa counties.
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Procter & Gamble
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WorldCom Inc
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Alliant Energy
ReLeaf
Linn
Johnson
Wapello
Jasper
Des Moines
Henry
Story
Marion
Clinton
Marshall
Alliant
Rate fairness push targets Alliant Energy disparity
A coalition of northern Iowa electric customers seeks to end a long standing rate gap between Alliant Energy territories by intervening in a forthcoming rate hike. The CCRF highlights residential and commercial penalties and calls for reductions in Union Electric territories with potential 15 to 16 percent cuts, while Alliant cautions against predetermined outcomes.
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Alliant Electric
the Gazette
Alliant Energy
Alliant
Iowa
Iowa Electric
Union Electric Service
Interstate Power & Light
Iowa Southern
Ip&l
Community Coalition For
CCRF
Union Electric
Iowa Southern Territory
Bob Latham
Ing. Latham
Latham & Associates
Cedar Rapids
WorldCom Conferencing Use Rises After 9/11 Travel Drop
Cedar Rapids center with 300 staff boosted by post 9/11 travel halt as firms shifted to audio and web conferencing. A WorldCom survey shows 25 percent travel less, 42 percent now use conferencing, and many firms expect ongoing use into 2002.
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Cedar Rapids
WorldCom Conferencing
WorldCom
Europe
Asia
London
Hong Kong
New York
Amy Westphal
Salon
Maytag raises first quarter sales forecast amid strong demand
Maytag Corp projects Q1 2002 sales up about 20 percent with earnings surpassing forecasts. CEO Ralph Hake credits dealer restocking for the gain but notes the pace likely won't continue through the year. Full year shipments expected to rise 2 to 3 percent with EPS around 2.50, up 40 percent. Shares jump over 11 percent on the news.
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Newton
Maytag Corp
Maytag
Ralph Hake
Hake
Jobless study gives Iowa passing grade
Iowa received a passing grade in a national study of state unemployment systems amid criticisms that the assessment reveals systemic weaknesses. The report from the Economic Policy Institute and partners notes Iowa's benefit levels and taxable wage base while highlighting low adequacy of benefits and fragility during recessions.
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Iowa
Des Moines
Colin Gordon
Iowa Policy Project
Economic Policy Institute
Center On Budget and Policy Priorities
National Employment Law Project
Congress
Natural gas prices likely to stay low through spring
New York based analysts note record high inventories and mild weather kept bills down this winter. With storage near 1.9 trillion cubic feet and demand lagging, prices are expected to remain inexpensive through spring and possibly summer, with the Energy Department forecasting about 2.04 dollars per thousand cubic feet in 2002.
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New York
Northeast
Midwest
Energy Department
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Amana
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Third Avenue
114Th Street
Clive, IA
Vmfcapital.com
Me Vmf Capital, LLC
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Mike van Meter
Tom Myers
Karen Green
Scott Elites
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Don Mears
Mike Fitzpatrick
Fimat USA
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Todd Financial Services
Linn Area Credit Union
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