Wall Street Mixed as Dow Falls and Nasdaq Rises
Stocks closed mixed on Wednesday with the Dow slipping 45.57 points to 13,124.62 and the S P 500 down 2.63 to 1,402.89 while the Nasdaq gained 1.17 to 3,075.32. Edwin Watts Golf Shops LLC bought Golf Headquarters in Cedar Rapids Iowa, its first Iowa store, a 10,000 square foot site at 1961 Blairs Ferry Rd NE, hosting a grand opening March 29 to April 1.
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New York
Uss
Standard & Poor
Cedar Rapids
Edwin Watts Golf Shops LLC
Iowa
Edwin Watts Golf
Fort Walton Beach
Fla
United States
Blairs Ferry Rd
John Watson
Warm February boosts Iowa milk production record
Iowa produced 359 million pounds of milk in February, up 5.9 percent from a year earlier, with 205000 milk cows and an average increase of 120 pounds per cow. Nationwide output rose 4.6 percent, while Iowa ranked 12th among 23 states.
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Des Moines
Iowa
U.S. Department of Agriculture
Toro selects Ankeny site for 450000 square foot distribution center
The Toro Co plans a 450,000 sq ft distribution center at a key Interstates 80 and 35 intersection in Ankeny, bringing about 20 new jobs. The facility would serve Toro products from Windom Minnesota and Beatrice Nebraska, with Beatrice and Lakeville Minnesota hubs to close. Ankeny council weighs a 10 year tax increment financing deal with Ryan Cos, Toro leasing while Ryan builds and owns. Public hearing set for April 2.
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Ankeny
Toro Co
Iowa
Des Moines
Toro
Brandon Happel
Windom
Minn
Beatrice
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Lakeville
Ryan Cos
Ryan
Rockwell Collins CEN warns on globalization and ILS impact
Rockwell Collins chair Clay Jones warned Tuesday that globalization threatens U.S. competitiveness and urged higher education standards. Speaking to 300 at Mount Mercy University, he cited international sales growth, supply chain risks, and the need for stronger math science and reading curricula.
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Cedar Rapids
Iowa
United States
Rockwell Collins
Clay Jones
Jones
Mount Mercy University
Campbell and Heinz push food pouches to cut costs and appeal to Millennials
Campbell Soup and H J Heinz move to premium and budget pouches amid a 37 percent rise in pouch use since 2007. Campbell launches Go Soup in an edgy pouch to target 18 to 34 year olds, while Heinz introduces 10 ounce ketchup in a squeezable pouch priced at 99 cents. Both cite efficiency gains and consumer value as drivers.
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Chicago Tribune
Campbell Soup Co
H.J. Heinz Co
John Kalkowski
Packaging Digest
Camden
Campbell
Denise Morrison
Pouch Packaging Gains US traction in food market
Mintel director Lynn Dornblaser notes rising pouch use in the United States, while Europe and Latin America have long embraced pouches. Betty Crocker promotes pouch potatoes and Heinz launches a 10 ounce pouch ketchup signaling a shift in consumer packaging.
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Europe
Central
South America
United States
Lynn Dornblaser
CPG Insights
Mintel
HP to merge printer and PC units in turnaround plan
Hewlett Packard will combine its printer and personal computer divisions as part of a restructuring aimed at streamlining operations, cutting costs, and boosting innovation. The move seeks to address declining printer sales and PC demand amid competition from mobile devices and tablets.
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Hewlett-Packard Co
United States
Europe
eBay
Meg Whitman
Leo Apotheker
Whitman
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Hewlett-Packard
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