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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 17, 1990

Page

11

Ag Bankers Conference at Iowa State University

Nearly 300 bankers are expected Sunday through Tuesday at Scheman Center Iowa State University for the Ag Bankers Conference sponsored by the Iowa Bankers Association. The theme is The Changing Focus of Ag Banking with Dr. David Kohl of Virginia Tech as a featured speaker.

Scheman Center Iowa State University Iowa Bankers Association Ag Banking David Kohl Ag Economics Virginia Tech Blacksburg

Life Investors marks 30 year milestone and growth

Life Investors Insurance Co. of Cedar Rapids celebrates its 30th anniversary with 800 home office employees and over 25 billion dollars in assets. The nationwide expansion includes life health disability insurance annuities and securities, with subsidiaries in leasing and mutual funds. The firm, once Iowa only, moved to a public company then Dutch control via AGO N.V. and now operates under AEGON USA.

A.M. Best Co AGO N.V AEGON Europe Life Investors U.S Aegon USA

Weather sends inflation on a volatile roller coaster

The February Producer Price Index shows prices unchanged from January after a sharp energy drop offset higher costs elsewhere. Despite energy gains fading, food and vegetables kept inflation elevated, with the year’s first two months delivering an 11.4 percent annual rate. Utilities and auto production influenced broader swings as housing starts fell 7 percent to 1.48 million, while core inflation rose a modest 0.4 percent.

Washington Labor Department Robert Dederick Northern Trust Co Chicago Federal Reserve Board Kahan

Witching hour helps stock market to gain

The stock market rose to a two month high as the triple witching hour favored trading. The Dow jumped 45.50 to 2741.22, best close since January 11, with a weekly gain of 57.89 points and a two week rise of 119 points. Volume reached 222.52 million on the NYSE. Procter & Gamble led the Eastern Iowa list, with several others gaining, while Apple Computer climbed 3 percent as it announced stronger quarter prospects.

Associated Press and Gazette Iowa NYSE Procter & Gamble United Technologies General Mills Penwest Eastman Kodak Raytheon Wal- Mart Longview Fibre Apple Computer

Sullivan reshapes sales to drive new business push

Sullivan Graphic Systems renames and expands its sales leadership in a major reorganization. Richard Lindner becomes senior vice president for sales of the Media Division, directing market planning as the firm doubles regional territories to six. Donald Vineburg leads the Midwest region from the Chicago area as Sullivan targets growth beyond its traditional print work. The overhaul follows Sullivan’s acquisition of the Marengo plant and Great Er Buffalo Press last year, with aims to broaden markets for flexographic printing and the division that prints newspaper comics and full color inserts.

Midwest Color Printing Marengo Sullivan Graphic Systems Brentwood Tenn Richard Lindner Lindner Eastman Kodak Commercial Systems Group Midwest Chicago Donald Vineburg the Gazette Sullivan Graphics Greater Buffalo Press Sullivan Iowa Maryland Texas Pennsylvania Alabama California Ontario Canada

Utilities Plan Iowa Merger Expanding Service Territory

Iowa Resources Inc and Midwest Energy Co announce a planned merger by year end creating Midwest Resources Inc. The new firm would cover Des Moines, Council Bluffs, and much of northern Iowa, aligning with Midwest Gas territory. Directors expect regulatory approvals. rates not expected to rise. Putney to chair and CEO. Christiansen to lead after two years. Stock exchange terms set at 1.08 Midwest Energy shares and 1.23 Iowa Resources shares per current share.

DES Moines Iowa Iowa Resources Inc Iowa Power Council Bluffs Midwest Energy Co Sioux City Iowa Public Service Co Putney Midwest Resources Inc Midwest Energy Russell Christiansen Iowa Resources

Wahlert rises to CEO of US West North Dakota

Teresa Wahlert of Dubuque is promoted to vice president and chief executive officer of US West Communications in North Dakota, effective June 1. She is finishing a Sloan fellowship at MIT Boston and was executive director of finance, with career roots at Northwestern Bell beginning in 1970.

Robert Price Control Data Corp Robert C. Larson Taubman Company Bloomfield Hills Mich Resolution Trust Corp W.orville Wright MCI Communications Corp William G. McGowan Teresa Wahlert Dubuque US West Communications North Dakota Wahlert Sloan Massachusetts Institute of Technology Boston Northwestern Bell Omaha New York

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