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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 21, 2003

Page

16

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.

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.

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.

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.

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.

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.

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.

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
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