Stocks Rise and Fall Across Sectors on Credit and Oil News
Wall Street closed the week lower as credit concerns and higher oil prices weighed on shares. American International Group posted a wider than expected first quarter loss. Clear Channel Communications reported better first quarter earnings driven by asset sales despite flat operating results and weak radio ad demand.
MENTIONED IN THIS ARTICLE
Wall Street
American Interational Group Inc
Standard & Poor
Clear Channel Communications
Iowa
FedEx Cuts Q4 Profit Guidance On Fuel Cost Surge
FedEx says higher fuel costs will cut fourth quarter profit, trimming guidance to 1.45 to 1.50 per share from 1.60 to 1.80. Analysts' consensus is about 1.69 per share.
MENTIONED IN THIS ARTICLE
FedEx
Thomson Financial
Teahen Funeral Home Wins Patriot Employer Award
Beth Teahen and Peter Teahen of Teahen Funeral Home received a patriotic employer award from the U.S. Army Reserve for supporting Maj. Kelly Marsengill of Cedar Rapids and his family during his 18 months away including 12 months in Iraq. The funeral home provided time off, airfare for visits, involvement of the couple’s children, and use of a facility for a Thanksgiving gathering while he was on leave.
MENTIONED IN THIS ARTICLE
Beth Teahen
Peter Teahen
Teahen Funeral Home
U.S. Army
Iraq
Kelly Marsengill
Cedar Rapids
Gail Livingood-Marsengill
Iowa
Marsengill
Gas Prices Survey in the Corridor
A random survey of gas prices in the Corridor shows figures from yesterday afternoon. Prices are rounded up to the nearest cent for measurement.
Corn yield forecast lowered by wet weather in 2007
Des Moines AP reports USDA projects corn harvest near 12 billion bushels with about one third for ethanol. Wet conditions slowed planting, only 27 percent planted by Sunday, signaling prolonged high prices through the next crop year. Analysts say the trend could keep corn and ethanol prices high.
MENTIONED IN THIS ARTICLE
Mark McMinimy
Agri
USDA
Summer Travel Tips to Speed Through Airports
George C. Ford outlines practical steps for light packing and fast screening in a post 9 11 world. He advocates wearing a power suit on the plane and removing it at the hotel, packing interchangeable outfits, using travel sizes, rolling fabrics to reduce wrinkles, and maximizing carry on space with a bag large enough for laptop and devices.
MENTIONED IN THIS ARTICLE
George C. Ford
Transportation Security Administration
Iowa
Budget Friendly Wedding Gift Ideas You Can Afford
Suggestions to gift within a budget include setting a limit and making homemade or heartfelt presents, forming a group gift for pricier items, sticking to the couple’s registry, or offering services like video editing or musical performances to create a meaningful keepsake.
Also Mentioned on This Page
Clear Channel
C.R. Funeral Home
First Ave
15Th St
Williams Boulevard
Casey's
Dubuque & Market Streets
Iowa City
First Avenue
Coralville
Stanford Group
Washington
Roose
Texas
Gov
Rick Perry
John McCain
Environmental Protection Agency
Bruce Babcock
Iowa State University
Center For Agricultural and Rural Development
Babcock
Rosa A
Hills Bank
Veterans Memorial Stadium
Marshall Loeb Marketwatch
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