McLeodUSA cries foul over US West service delays in Greeley
McLeodUSA Inc files with the Colorado Public Utilities Commission alleging discrimination by US West Communications against a former small business customer in Greeley. The firm says two line installation commitments were missed and a separate business at the same site received service while Subway’s shop waited. Olson says a US West employee urged her to switch for priority. Regulators are asked to hear the complaint within 90 days.
MENTIONED IN THIS ARTICLE
McLeodusa Inc
Cedar Rapids
Colorado Public Utilities Commission
US West Communications
McLeodusa
Greeley
Colo
US West
Subway
Donna Olson
Olson
Colorado
Saks Earnings Meet Forecast Amid 1999-2000 Outlook
Saks Inc., Birmingham based operator of Saks Fifth Avenue and Younkers, posted Q4 profits of 141 million dollars or 0.98 per share before charges, matching Wall Street expectations and signaling higher profits for 2000. Revenue guidance calls for 260 to 265 million dollars pre charges, about 1.80 to 1.85 per share, with total sales around 6.73 billion.
MENTIONED IN THIS ARTICLE
Saks Inc
Wall Street
Birmingham
Ala
Saks
Younkers
Saks Fifth Avenue
Nasdaq and Dow Dip on Biotech Data Deal Fallout
The Nasdaq fell 200.61 points to 4706.63 as biotechnology stocks dragged broader markets after the U.S. and Britain agreed to freely share data from a human genetic decoding project. Dow slipped 135.89 to 9811.24 with weak biotech sentiment spreading, while Alcoa dropped after a Cordant takeover bid. Among Eastern Iowa stocks, gains outnumbered losses but overall activity remained down.
MENTIONED IN THIS ARTICLE
New York
Biotech
United States
Britain
Incyte Pharmaceuticals
Human Genome Sciences
PE Corp
Celera Genomics
Dow
Alcoa
Cordant Technologies Inc
Cordant
Iowa
Saks
McLeodusa
Weyerhaeuser
MCI World- Com
General Electric
International
USDA proposes rules to publish livestock price data
The Agriculture Department plans mandatory reporting of prices paid for cattle hogs and sheep to increase market transparency. The system should be operational by summer with data also covering imported lamb purchases and input from producers and processors.
MENTIONED IN THIS ARTICLE
Agriculture Department
Congress
Agriculture
Dan Glickman
Steve Meyer
National Pork Producers Council
Des Moines
Washington, D.C
Washington
Meyer
USDA
February Retail Sales Jump 1.1 Percent in Strong US Economy
Commerce data shows February sales up 1.1 percent to 265.7 billion with auto and clothing gains led by robust employment and rising incomes. Car sales rose 1.4 percent and gasoline stations up 4.3 percent despite higher fuel costs, while ex autos sales rose 1 percent.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
First Union
Mark Witner
Met-Coil Systems Sold to Massachusetts Group for 32 Million
Mestek Inc of Westfield, Massachusetts agrees to buy Met-Coil Systems Corp of Cedar Rapids for 32 million dollars in cash plus debt assumption. The merger, targeted for May, awaits Met-Coil shareholders approval and Hart-Scott-Rodino review. Met-Coil makes fabrication machinery and metal forming equipment.
MENTIONED IN THIS ARTICLE
Square D Co
Met-Coil Systems
Iowa Precision Industries
Cedar Rapids
Lockformer Corp
Lisle
Mestek
Met-Coil
Formtek Inc
Met-Coil Systems Corp
Sixth St
Mestek Inc
Westfield, Mass
6Th St
Welty-Way Products Co
Lisle, Ill
Sears AOL form alliance to market and link brands
Sears Roebuck and America Online announced a joint alliance to expand their businesses via the Internet. The pact centers on marketing each other’s products and services and plans a Web linked home appliance concept. AOL will feature Sears on its sites and promote the retailer to its 21 million subscribers.
MENTIONED IN THIS ARTICLE
New York
New
Sears
America Online
Sears, Roebuck & Co
Wal-Mart Stores Inc
AOL
America Online Inc
Also Mentioned on This Page
Berkshire Hathaway Inc
Omaha
Neb
MidAmerican
MEC
New York Stock Exchange
Pacific Exchange
London Stock Exchange
MidAmerican Energy
Alcoa Inc
Quad Cities
Thiokol Propulsion
AAA
BioFacts
Latin America
Mexico
Argentina
Chile
Venezuela
Jupiter Communicat
Dow Industrials Tumble
NYSE
Federal Reserve
Richard Yamarone
Argus Research Corp
C.R
Massachusetts Group
Gazette
Miranda Meyer
North Elm St
MCS Inc
Met Cos
Wal-Mart
Circuit City
Blockbuster
Best Buy
RadioShack
Microsoft
Kmart
Yahoo
Ollins
Community Credit Union
Ada St Ae
Apt