Stocks end a dramatic week with narrow changes
The Dow fell 7.14 to 11112.72 while the Nasdaq rose 22.42 to 4963.03. Decliners led advancers 10 to 9 on both major exchanges as NYSE volume reached 1.25 billion and Nasdaq 1.31 billion. Eastern Iowa stocks saw 25 gainers, 20 losers, and two unchanged led by RF Micro Devices and Moore.
MENTIONED IN THIS ARTICLE
Johnson & Johnson
New York Stock Exchange
Iowa
McLeodusa
U.S. Cellular
Moore
Weyerhaeuser
Manchester factory closing amid dwindling demand
Tredegar Corp will close its Manchester plant by Sept 30 idling 66 workers due to falling demand for embossed diaper backsheet film. A press conference at Manchester City Hall Monday will cover the closure and local dislocated worker assistance. Firstar Bank Iowa unveils advanced super ATMs across Eastern Iowa offering cash deposits stamps and more. An appeals court orders FCC to justify treating Internet dial-up calls as interstate not local communications under federal rules.
MENTIONED IN THIS ARTICLE
Tredegar Corp
Manchester
Delaware County Economic Development
City of
Tredegar
Manchester City Hall
Firstar Bank Iowa
Iowa
Firstar Corp
Firstar
U.S. Circuit Court of Appeals
District of Columbia
Federal Communications Commission
FCC
Hogs poised for profit from stabilized herd
Hog producers expect to profit in the next six months after a difficult period with big losses that reached four billion dollars. Reports show breeding herds down nationwide and in Iowa, with market hog totals slipping, while analysts predict lean hog prices and cautious outlooks for expansion.
MENTIONED IN THIS ARTICLE
Iowa
North Carolina
U.S
Farmer backed grain storage plan urged in Iowa
Gov. Tom Vilsack's task force on the agricultural situation released recommendations to aid the Iowa farm economy. Proposals include banning meatpackers from owning livestock and promoting farmer owned grain storage to shield commodities from market shocks. The report urges antitrust actions and unified trade standards, and has been sent to President Clinton and federal officials.
MENTIONED IN THIS ARTICLE
Des Moines
Tom Vilsack
Iowa
Vilsack
Clinton
U.S
Secretary of Agriculture
Dan Glickman
United and pilots union contract talks stall in stalemate
United Airlines and the Air Line Pilots Association unit at United are deadlocked as talks near the April 12 expiration. Spokesman Capt. Herb Hunter said no settlement is evident and mediation is likely. United reports ongoing negotiations but offers no details. The ESOP program has not yet softened tensions despite worker ownership of the parent company.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
Herb Hunter
Air Line Pilots Association
United
United Workers
UAL Corp
Recommendations From Governor Task Force On Agriculture
The report urges farmer owned grain storage and a reserve to stabilize markets. It calls for 40 million acres minimum in the Conservation Reserve Program, with bid land meeting conservation rules. It supports standby authority to idle land if prices stay below the five year average, and funding for FSA loans in 2000 and 2001. It also seeks producer payments for soil and water conservation programs and prohibits federal ownership of livestock.
MENTIONED IN THIS ARTICLE
Secretary of Agriculture
Microsoft submits settlement proposal in antitrust case
The Microsoft Corp faxed a detailed settlement proposal to government lawyers on Friday as Judge Thomas Penfield Jackson set a Tuesday verdict deadline. Chicago talks guided by Judge Richard Posner weigh behavioral remedies, with officials undecided on a face to face meeting and prospects of a breakup solution fading.
MENTIONED IN THIS ARTICLE
Washington
Microsoft Corp
Chicago
U.S
Thomas Penfield Jackson
Richard Posner
Microsoft
Mark Schechter
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Djia
BizFacts
By Marlene Lucas
United States
Alaron Trading
Chuck Levitt
Levitt
Aldi Building Stores
Gazette Photo
Aldi Foods
Cedar Rapids
Marion
Edgewood Road
20Th Avenue
First Avenue
10Th Street
50Th St
Seventh Avenue
Blairs Forest Way
Aldi
Burlington
America
Gov. Tom Vilsack
National Mediation Board
Wendy Parson
Carrier
Elk Grove Village
Ill
Hunter
Farm Service Agency
FSA
Julianne EF. Smith
Joseph V. DiNucci
S Council
Augie Gureno
Mark Nolan
Stephen D. Varcoe
MBA Crest Club
SIPC
A. G. Edwards & Sons Inc
Third Avenue
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