Wall Street Ends Mixed Ahead of Fed Meeting
Wall Street recovered from early losses to close mostly flat as investors reassessed holdings before the Federal Reserve meets on rates. The Dow fell 3.90 to 13309.07 while the Nasdaq rose 0.80 to 2571.75 as decliners outpaced advancers 8 to 2 on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
New York Stock Exchange
Home buying: Realtors cut housing market forecast
The National Association of Realtors projects 2007 existing home sales at 6.29 million and 2008 at 6.49 million, with the median price slipping 1 percent to 219,800 this year and rising 1.4 percent in 2008. New home sales are seen at 864,000 in 2007 and 936,000 in 2008, with prices holding at 246,400 this year before a 2.2 percent gain next year.
MENTIONED IN THIS ARTICLE
National Association of Realtors
Newton biodiesel plant begins fuel production
A ribbon cutting in Newton marked the start of production at a 30 million gallon per year biodiesel plant. The mostly farmer owned refinery will employ 30 people and use soybean oil and some animal fat to produce biodiesel, boosting Iowa to 14 plants with 11 producing and three under construction. APAC Customer Services reported a first quarter profit of 15.2 million dollars, or 30 cents a share, versus a prior year loss. Revenues were 52.4 million, down from 60.7 million. Verasun Energy posted a first quarter loss of 312 thousand dollars on 144.5 million in revenue.
MENTIONED IN THIS ARTICLE
Newton
Iowa
APAC
VeraSun Energy
Brookings
S.D
West Branch wind turbine plant gains road grants
The Gazette reports a state transportation grant up to 448,804 will widen intersections in West Branch to allow a new Acciona Windpower plant to deliver 50 metric ton turbines onto I-80. The funding, part of the RISE program, supports transforming the Sauer Boulevard area for the massive wind turbine factory.
MENTIONED IN THIS ARTICLE
the Gazette
West Branch
Acciona Windpower of
Spain
Sauer-Danfoss Hydraulics
Cedar County
Iowa
Mussel Shoals
Ala
Norwood-Souvenir
Washington County Economic Development
Ed Raber
Fillmore Street
Airport Road
12Th Street
Whitesell
Norfolk, Neb
Durant
West Second Avenue
SoyClean uses soybean oil to power cleaners and coatings
Brooklyn based SoyClean founded by Rusty Clayton turns soybean oil into cleaners solvents and lubricants with non toxic environmental benefits. The company targets schools and government buyers, ships nationwide and abroad, and markets online with comparable per ounce pricing to petroleum products.
MENTIONED IN THIS ARTICLE
Brian Ray
the Gazette
SoyClean
Kurt Brannian
Beth Vander Zee
Brooklyn
Iowa
Mariene Lucas
Gazette
Rom
Towa
Rusty Clayton
Clayton
Midwest
Aquila posts wider first quarter loss amid plant shutdowns
Aquila Inc reports a first quarter loss of 24.3 million dollars or 6 cents a share, up from a year earlier, due to unexpected plant shutdowns and lower profits from units sold. Revenues rose to 444.2 million, while continuing electric utilities earned 6.2 million before taxes and natural gas operations 29.1 million. Aquila plans to sell remaining assets to Great Plains Energy and Black Hills Corp in a deal valued over 2.6 billion in cash and stock.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Aquila Inc
Aquila
Kansas
Missouri
Iowa
Colorado
Nebraska
the Com
Great Plains Energy Inc
Black Hills Corp
Early retirement planning for kids and Roth IRAs
McGuire on Money discusses using a Roth IRA for children as a way to start early investing. It highlights the 2007 limit of the lesser of 4000 dollars or earned income, and notes that teens like Marcus Roesler can benefit since many earn little taxed income. It also covers earned income rules and guidance from financial planners on what qualifies as earned.
MENTIONED IN THIS ARTICLE
Roth
Marcus Roesler
Grant, Minn
Roesler
Brian
Nate Wenner
Wipfli Hewins Investment Advisors
Wenner
Also Mentioned on This Page
Realtors Group
Newton Biodiesel Plant
Deerfield
VeraSun
1St Ave
15Th St
C.R. BP
Williams Blvd
C.R
Dubuque & Market
S.C
Coralville
By Dave DeWitte
RISE
Norfolk Iron and Metal
Lavid.dewitte
Gazettecommunications.com
Towa Company
Soyclean.hiz
Cedar Rapids
Iowa Farm Bureau
Renew Iowa
Moms
Brannian
Departments of Correction
Sweden
Canada
United States
Anamosa
Manchester
Decorah
Dubuque
Dyersville
Cresco
Calmar
Pany
Richard Green
Missouri Electric
McGuire ON
MONEY
Kara McGuire
Minneapolis Star Tribune