Wall Street ends seventh straight gain as war hopes buoy market
The Dow rises 21.15 to 8286.60 while the Nasdaq climbs 5.70 to 1402.77 and the S P 500 adds 1.82 to 875.84. Advances outpace declines 3 to 2 on the NYSE as traders weigh war progress and earnings. Yellow Book USA to centralize Midwest production in Cedar Rapids with 275 jobs cut at Effingham facility. IRS audits more high earners in 2002 boosting unpaid tax collections to 32.6 billion and targeting offshore accounts and abuse of tax credits.
MENTIONED IN THIS ARTICLE
Wall Street
U.S
Iraq
Yellow Book USA
Midwest
Cedar Rapids
McLeod USA Publishing Co
Uniondale
N.Y
Effingham
Internal Revenue Service
War sparks hike in mortgage rates amid Iraq strike threat
Mortgage rates jumped this week as expectations of a U S intervention against Iraq grew. The 30 year fixed rate rose to 5 79 percent for the week ending March 2 from 5 61 percent a prior low per Freddie Mac.
MENTIONED IN THIS ARTICLE
United States
Iraq
Freddie Mac
Rcent
Frontier co op taps Cedar Rapids leader as CEO
Frontier Natural Foods Co op returns headquarters to Iowa naming Tony Bedard of Cedar Rapids as chief executive officer on March 10. Bedard, 42, returns after helping with a turnaround last August and prior long service, as the co op focuses on core strengths in bulk herbs and distribution while rebuilding HerbFest and workforce reductions at Norway.
MENTIONED IN THIS ARTICLE
the Gazette
Norway
Iowa
Frontier Natural Foods Co-op
Tony Bedard
Cedar Rapids
Bedard
Frontier
Steve Hughes
Boulder
Rick Stewart
Frontier Board
Andy Pauley
CEQ
Hughes
Tony
Pauley
Heartland Express to expand with four terminal acquisitions
Heartland Express announces more than 10 million dollars in expansion as it buys or renovates terminals in Columbus Ohio Carlisle Pennsylvania Olive Branch Mississippi Chester Virginia and maintains Carlisle while finalizing Chester acquisition in Q2. The debt free carrier aims to build a regional network to serve current and future market needs.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Coralville
Heartland Express
Heartland
Columbus
Ohio
Carlisle
Olive Branch
Miss
Memphis
Russell Gerdin
Gordin
Great Coastal Express
mid-Atlantic
Chester
Penford Corp posts higher earnings and sales
Penford Corp and its Penford Products unit reported stronger second quarter earnings and sales. Net income rose to 19 million for the period, with diluted earnings per share improving from 3.75 to 3.75 year over year, reflecting better performance across segments.
MENTIONED IN THIS ARTICLE
Penford Corp
George GC
Ford Tre Gazet
Denver
Penford Products
Leading Economic Indicators Fall in February Amid War Hopes
February saw a 4 percent drop in the Conference Board Leading Economic Indicators to 1111 as consumer nerves ahead of the Iraq war weighed on expectations. Economists noted the report ahead of the conflict was given less weight but signaled economy mood heading into a potential war outcome.
MENTIONED IN THIS ARTICLE
New York
Iraq
Conference Board
Labor Partment
Porter
War finds peace at gas pump
AAA and the Iowa Nebraska Petroleum Council said there was ample gasoline and no panic on pumps after the U S led attack on Iraq. Prices in Cedar Rapids held steady with unleaded averaging 1 66 statewide and crude fell as markets expected limited disruption.
MENTIONED IN THIS ARTICLE
AAA Motor Club
Minnesota
Iowa
Iowa/Nebraska Petroleum Council
Iraq
Dawn Duffy
AAA
Duffy
Cedar Rapids
Rolf Hanson
U.S
Also Mentioned on This Page
Nasdaq
IRS
Frontier Co-Op
Coop Teft
Matt Hempel
Linn County Farm Bureau
John Hofmann
Marion
Vic. Klopfenstein
Marion Food Pantry
Coralville Trucking
Gerdin
Memphis, Tenn
mid-South
OPIS
Hanson
Brera
Newspapel Rchivf