Wall Street Slides After Spain Vote Sparks Fear
Stocks fell as Spain elected an antiwar government fueling terrorism fears. The Dow dropped 137.19 to 10,102.89 and the Nasdaq declined 45.53 to 1,939.20, with more decliners than advancers on the NYSE.
MENTIONED IN THIS ARTICLE
Spain
U.S
Jay Suskind
Ryan Beck & Co
New York Stock Exchange
Iowa
APAC
Maytag
Aegon NV
McLeod USA Pt
Alcoa Inc
McLeod USA A
Mestek
Alliant Energy
Nash Finch
Arch Dan Mid
Pearson PLC
Bandag Inc
Pentord Corp
Caseys Gen
PepsiCo
Columbus McKinnon
Toyota Mot
Hon Inds
Union Planters
ING Glob RE Inc
Uld Fire Cas
Intl Paper
US Bancorp
Keane Inc
US Cellular
Kohis Corp
Uneva Inc
WalMart
Wells Fargo & Co
Marsh & McLennan Wevernauser
AEGON profits rise in Q4 and 2003 earnings rise
Dutch insurer AEGON NV reports a 32 percent jump in fourth quarter earnings to 576.2 million dollars as revenues slide 8 percent to 8.67 billion. For 2003, earnings rise 16 percent to 2.02 billion on revenue of 32.2 billion. Dollar General also beats expectations with 0.30 per share, despite a 4.9 percent dip from prior year.
MENTIONED IN THIS ARTICLE
Aegon NV
Aegon USA
Cedar Rapids
AEGON
The
Hague
United States
Dollar General Corp
Wall Street
Dollar General
Thomson First Call
Goodlettsville
Interest rates rise in Treasury bill auction
The Treasury sold 18 billion in three month bills at 0.945 percent discount, up from 0.930. An additional 16 billion in six month bills sold at 0.990 percent, up from 0.975. The discount rates imply a 0.961 percent yield for a 10000 bill and 1.008 percent for a six month bill.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Gazette
Improved hiring predicted for G R LC area in Q2
Manpower's Employment Outlook Survey shows Cedar Rapids area employers expect 45 percent to add staff from April through June, 10 percent to cut, and 45 percent unchanged. Construction, durable goods, transport, trade and education lead hiring. finance real estate and public administration see cuts. Iowa City trends favor no change. Nationwide, 28 percent plan increases, 6 percent cuts.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Hiawatha
Cedar Rapids
Manpower Inc
Gavin
Iowa City Area
United States
South
Northeast
Fed
David Jones
DMJ Advisors
Florida
McGregor general store revives 19th century shopping vibe
Jim Boeke runs River Junction Trade Co. in McGregor selling replicas and antiques from 1870 to 1900. His shop features period attire, saddles, spurs, and a wood stove. The Traders Jubilee event draws 40 vendors and Western enthusiasts, March 27–28 at Scenic Ridge Ranch. Boeke promotes mail order and a website for customers.
MENTIONED IN THIS ARTICLE
Marlene Lucas
the Gazette
Jim Boeke
River Junction Trade Co
McGregor
Boeke
Main St
Riverjunction
George Ashbacher
Scenic Ridge
Marquette
Highway 76
Minneapolis company buys Victor Plastics
Spell Capital Partners bought Victor Plastics Inc from founder James Kubu's estate. Victor Plastics employs about 700 across Victor Iowa Kalona North Liberty plants with operations in Mexico and China. The deal, terms undisclosed, marks a strategic move in plastics by a private equity buyer.
MENTIONED IN THIS ARTICLE
George
Fordne Gazette
Minneapolis
Victor Plastics Inc
Spell Capital Partners
Victor Plastics
Victor
Kalona
North Liberty
Mexico
China
Spell Capital
James Kubu
Kubu
Plastics News
Brooklyn
Brown Gibbons Lang & Co
Chicago
Stephen Miles
Brown Gibbons Lang
Spell Partners
Martha Stewart resigns from MSO board amid conviction
Martha Stewart steps down from her board and chief creative officer role at Martha Stewart Living Omnimedia Inc after a federal conviction. She becomes founding editorial director and will keep a creative role while appealing, with CEO Sharon Patrick noting the company’s reliance on her vision during the transition. Stewart faces 10 to 16 months in prison.
MENTIONED IN THIS ARTICLE
Sharon Patrick
New York
Martha Stewart
Connecticut
Stewart
Queen of Domestic Arts
Fed likely keeps rate at 1 percent amid weak jobs
Economists predict the Federal Reserve will hold the federal funds rate at 1 percent, citing weak February job gains and sluggish hiring. Analysts say policymakers will remain patient, delaying any rate increase despite market jitters after the January policy shift.
MENTIONED IN THIS ARTICLE
Federal Reserve
Alan Greenspan
Popcorn worker awarded 20 million in suit
Eric Peoples, a Gilster-M Mary Lee plant worker in Jasper, was awarded 20 million by a jury after claiming exposure to butter flavoring oils damaged his lungs. The verdict split 18 million for him and 2 million for his wife Cassandra with no punitive damages.
MENTIONED IN THIS ARTICLE
Joplin, Mo
Eric Peoples
Gilster-Mary Lee Corp
Jasper
Peoples
Cassandra
International Flavors and Fragrances Inc
Bush Boake Allen Inc
Also Mentioned on This Page
Rey RC
DOW
Nasdaq
Sccityune
Elona City
AP Stockquote
G.R
John Gavin
David.dewitte
McGregor General Store
Mariene.lucas
Gazettecomm
Nications.com
Miles
George.ford
Gazettes
MSO
Martha
Patrick
Washington
Sung Won Sohn
Wells Fargo
Ufacturers
Sylvia Brim
CPA
CFP
CSA
Transat
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