Mercy Medical Credit Union Merges Into South East Cedar Rapids
Mercy Medical Credit Union will merge into the South East Cedar Rapids Community Credit Union. The Mercy unit has over 1000 members and $700000 in assets. combined assets exceed $12.6 million. CEO Paul Wellington says Mercy Hospital staff will continue to be served at Mercy Office. Main office remains 1435 Third St SE with branches at 312 Second St SE and 1755 First Ave SE.
MENTIONED IN THIS ARTICLE
Mercy Medical Credit Union
South East
Cedar Rapids Community Credit Union
Mercy
Paul Wellington
South East Group
Mercy Hospital
Third St. SE
Second St
First Ave. SE
IBP Inc. stock listed on Pacific Exchange in Dakota City
The Pacific Stock Exchange announced listing of IBP Inc. common shares from Dakota City Nebraska under ticker IBP. IBP stock moved to the New York Stock Exchange on Oct 1 after a public offering of 23.5 million shares. Eastern Iowa Postal Customer Seminar April 7 at Longbranch Motor Inn in Cedar Rapids will discuss new postal rates. Registration ends April 4 with a fee of 15 dollars and requests due to East Central Iowa Postal Customer Council. For information call Kim McCarty 354 1560 or Manteen Kaplan Steve Orendorff 399 2906.
MENTIONED IN THIS ARTICLE
Pacific Stock Exchange
IBP Inc
Dakota City
Neb
IBP
New York Stock Exchange
Eastern Iowa
Longbranch Motor Inn
Cedar Rapids
East Central Iowa
Manteen Kaplan
Steve Orendorff
Trucker Pays Claim Settling Federal Safety Violation
The US Department of Transportation announced Cedar Rapids based South West Leasing Inc paid 2500 dollars to settle a civil forfeiture claim. The company was charged with allowing a driver to operate after 70 hours on duty in eight consecutive days.
MENTIONED IN THIS ARTICLE
Department of Transportation
South West Leasing Inc
Cedar Rapids
Department
South West
Mazda plant workers in Flat Rock ratify contract
United Auto Workers says about 90 percent of the more than 2,000 Flat Rock Michigan workers backed the agreement covering Mazda MX6 and Ford Probe production. The deal began March 7 and runs through March 3, 1991.
MENTIONED IN THIS ARTICLE
U.S
Mazda Motor Corp
United Auto Workers
Flat Rock
Mich
Detroit
Mazda
Ford Motor Co
GAO says illegal aliens suppress wages for natives and immigrants
The GAO reports that illegal workers drive down wages and improve some job opportunities for higher skilled labor. Native and legal immigrant pickers and janitors suffer wage cuts, while some sectors gain through expanded production and more skilled positions. Labor Dept disputes findings and cites broader market effects.
MENTIONED IN THIS ARTICLE
Washington
Congressional
General Accounting Office
GAO
Los Angeles
Thenion
California
New York City
U.S
Labor Department
Department
Congress
Teleconnect approves anti takeover measures
Teleconnect Co of Cedar Rapids adopts measures to deter hostile takeovers at a special meeting. Changes include three-class board with staggered terms and potential expansion to 15 directors, plus authorization of certain preferred stock. Томас M. Collins elected to the board replacing James L. Cram. The firm remains a closely held, private company with IE Industries as the largest shareholder and under 400 stockholders.
MENTIONED IN THIS ARTICLE
Teleconnect Co
Cedar Rapids
Thomas M. Collins
James L. Cram
Collins
Shuttleworth Nd Ingersoll
Life Investors Inc
Teleconnect
IE Industries
United States
Triple-witching hour passes with no dramatic market moves
The Dow rose 1.33 to 2087.37 as investors held gains from the week amid a mixed NYSE showing 716 up 807 down 461 unchanged with big Board volume at 245.75 million shares. Takeover chatter persisted as Firestone Bridgestone deal and other bids influenced prices despite a smaller trade deficit.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
NYSE
Longview Fibre
Procter & Gamble
Square D
General Mills
Firestone Tire & Rubber
Bridgestone
Japan
Pirelli Group
Italy
Roper Corp
Whirlpool Corp
Roper
General Electric
Grumman
Sabine Corp
Presidio Oil
Pillsbury
Godfather's Pizza
Engineers inspect Hughes CSAT satellite at El Segundo plant
CSAT communications satellite from Japan, with high capacity, is examined at Hughes Aircraft Co. facility in El Segundo California. Midwest wages lag nationwide as Labor Dept reports slow employment cost growth and a 129.9 Midwest index versus 133.8 US level.
MENTIONED IN THIS ARTICLE
Hughes ‘Aircraft Co
el Segundo
Calif
Japan
Midwest
Department of Labor
Boesky custody or in transit sparks mystery before prison term
Rumors swirl over Ivan Boesky location days before his federal prison term for securities fraud begins. The Bureau of Prisons locator lists him as in transit, suggesting custody, amid threats against him. Ford cancels Scotland electronics plant plans after union dispute. reaches single union agreement with Amalgamated Engineering Union for 450 workers, while 11 other unions balk.
MENTIONED IN THIS ARTICLE
Boesky
Ivan F. Boesky
Bureau of Prisons
Washington
Ford
Ford Motor Co
Scotland
Amalgamated Engineering Union
Rockwell-Collins posts 70 excess Cedar Rapids jobs
Rockwell-Collins units in Cedar Rapids have posted 70 excess positions to be eliminated by month end. 85 are Collins Avionics roles and 18 are Collins Defense Communications posts. Workers may bump into vacancies if schedules allow. final layoff numbers often shrink due to transfers.
MENTIONED IN THIS ARTICLE
Collins Avionics Group
Collins Defense Communications
Rockwell International Cedar Rapids
Scott Woods
Collins Avionics
CDC
Wood
Cedar Rapids
Rockwell-Collins
Whirlpool Sues GE Over Roper Merger Interference
Whirlpool Corp sues General Electric Co in federal court in Grand Rapids Michigan charging GE’s bid for Roper Corp interferes with Whirlpool’s merger deal. The suit seeks a law injunction and damages.
MENTIONED IN THIS ARTICLE
New York
Whirlpool Corp
General Electric Co
Roper Corp
Whirlpool
Grand Rapids
Mich
Trucker John Patrick Wins Interstate Carriers Honor
John Patrick of Pocahontas Arkansas receives the owner-operator of the year award at Heartland Express in Coralville Iowa. He and wife drive as a team and will receive a $70000 Navistar truck as part of the national prize. Patrick founded Truckers Against Drugs and Dope and was a 1986 Goodyear Highway Hero runner-up.
MENTIONED IN THIS ARTICLE
John Patrick
Pocahontas
Ark
Heartland Express
Coralville
Patrick
Truckers Against
Trial date set in Polaroid Kodak patent case in Boston
Judge Aya Zobel scheduled January 9, 1989 for trial in Polaroid Corp. versus Eastman Kodak Co. over patent infringement. Pre trial evidence is due July 27. The long running dispute stems from Kodak's 1985 ruling of infringement on seven Polaroid patents and Kodak's 1986 ban from instant photography.
MENTIONED IN THIS ARTICLE
Boston
Polaroid Corp
Eastman Kodak Co
Aya Zobel
Zobel
Kodak
Polaroid
Also Mentioned on This Page
Associated ‘Gazette
Verimbi
Bellevue
By Todd Meint
Pola Polaroid
Iowa City
Oelwein
Marion
Don Hartog
Hogan ‘Certified Public "Accountants
Gregory M. Sieh
CPA
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