Wall Street indexes slip after rally as profits taken
Stocks drifted lower ahead of the government stress test results. The Dow fell 16.09 to 8410.65 while the S&P 500 slipped 3.44 to 903.80 and the Nasdaq declined 9.44 to 1754.12 amid cautious trading after Monday’s rally.
MENTIONED IN THIS ARTICLE
Darin Newsom
DTN
Omaha
Neb
Standard & Poor
J C company to host job fair in Coralville today
Alliance a promotional and packaging affiliate of RockTenn plans a job fair from 9 a.m. to 6 p.m. today at the Holiday Inn in Coralville. Applications are being accepted for assembly line leaders material handlers quality auditors and assembly maintenance technicians. Alliance began production Tuesday in a 192000 square foot contract packing facility at 2651 Independence Park Rd in Iowa Citys Scott Six Industrial Park.
MENTIONED IN THIS ARTICLE
Alliance
RockTenn Company
Holiday Inn
Coralville
Independence Park Rd
Iowa City
Scott Six
Kraft Foods Profit Rises 10 Percent Amid Stronger Dollar
Kraft Foods Inc reports first quarter profit of 660 million dollars or 45 cents a share up from 599 million dollars or 39 cents. Revenue falls 6.5 percent to 9.4 billion as dollar strength weighs on sales. Plant operations include Davenport facility in Iowa.
MENTIONED IN THIS ARTICLE
Kraft Foods Inc
Davenport
Northfield
CVS Caremark Reports First Quarter Profit Dip
CVS Caremark Corp. reports first quarter earnings of $738.4 million 50 cents per share down from $745 million 51 cents prior year. Revenue rose 10 percent to $23.39 billion from $21.33 billion. The company lifted its full year profit forecast by 2 cents to $2.55 to $2.63 per share.
MENTIONED IN THIS ARTICLE
CVS Caremark Corp
Oil prices slip before major crude stock report
Prices retreat from five month highs as the government is set to report crude storage near a new 19 year high. Benchmark crude for June delivery falls 63 cents to $53.84 on the NMX. Gasoline averages rise to $2.079 per gallon nationwide per AAA.
MENTIONED IN THIS ARTICLE
New York Mercantile Exchange
AAA
Prospective buyers circle Agriprocessors in stalled sale
Court-appointed trustee Joe Sarachek says multiple parties remain engaged as attempts to auction Agriprocessors fizzled five weeks ago. Four bids were submitted in March led by Kosher Standard LLC and Natural Source Holding LLC.
MENTIONED IN THIS ARTICLE
Dave DeWitte
E Gazette
Joe Sarachek
The
Gazette
Sarachek
Postville
Kosher Standard LLC
Natural Source Holding LLC
Destinations Unlimited shifts to digital travel planning
Julie Hender of Destinations Unlimited explains how her Cedar Rapids agency survives 25 years by embracing online ticketing and electronic communication. The firm acts as an advocate for clients, offering advice and rapid problem solving as airlines consolidate and markets realign.
MENTIONED IN THIS ARTICLE
Slosiare
Kim VanGaalen
Amy Easton
Cedar Rapids
Easton
Disney World
Destinations Unlimited
George C. Ford
the Gazette
Edar Rapids
Julie Hender
Hender
Eee
ADM profits slump 98 percent in third quarter
Archer Daniels Midland reported a 98 percent drop in fiscal Q3 profit to 8 million as sales fell 21 percent to 14.8 billion. Excluding equity losses, adjusted earnings would be 87 cents per share, missing Thomson Reuters consensus. Revenue and ethanol losses weighed on soy bean and corn processing results.
MENTIONED IN THIS ARTICLE
ST. Louis
Archer Daniels Midland Co
Wall Street
ADM
Decatur
Ill
Thomson Reuters
Barclays Capital Ana
Lyst
Christopher Bledsoe
Smart Budget Moves for Tough Times and Long-Term Planning
Savings are depleting and bills rise as costs force careful choice. Analysts advise starting small with retirements and college planning, shifting from asset accumulation to income prep, and evaluating refinancing costs against payoff time. Prioritize emergency savings and avoid new debt until finances stabilize.
Also Mentioned on This Page
J.C. Company
Kraft Foods
CVS Caremark
Agriprocessors
First Bank Business Capital of
First Bank Business Capital
First Bank
Paul Kilburn
David
Dewitte
Gazcomm
Travel
C.R. Travel Agency
Machination
Archer Daniels Midland
Rapids
Clinton
Vicki Lee Parker McClatchy
Tribune News Service
Scott Spiker
First Command Financial Services
Spiker