Stocks edge lower as Dow tests 7300 amid Fed rate fears
The Dow dipped to 7274.21 while volume rose to 489.71 million shares. Deere & Co rose 2 percent and Longview Fibre gained 1 percent, with Procter and Gamble slipping. Great Lakes Aviation moves its HQ back to Spencer Iowa affecting 30 to 35 staff. 150 to 180 remain in Iowa. Raytheon Aircraft sold 20 Hawker 800XP jets to Executive Jet for 210 million dollars, with deliveries through 2002.
MENTIONED IN THIS ARTICLE
Dow
Federal Reserve
Eastern Iowa
Deere & Co
Longview Fibre
Procter & Gamble
Western Atlas
McLeod
Great Lakes Aviation Ltd
Iowa
Bloomington
Minn
Spencer
Minneapolis
Great Lakes
Moline
Ill
Raytheon Aircraft
Executive Jet Inc
Executive Jet
Montvale
N.J
Raytheon Co
Lexington, Mass
Amana Refrigeration Inc
Amana
Cedarapids Inc
Cedar Rapids
NEW York Stock Exchange
IBM
American Stock Exchange
Hasbro
EchoBay
Saba
Intel
Cisco
Andrews
AMEX
DOW Jones
Ommed
Biotech
Standard & Poor's Indust
NMS
Indi
Wilshire Associates
Associated Press
IES to open first overseas office in New Zealand
IES Industries Inc announces a New Zealand overseas office in Auckland for its subsidiary IES New Zealand Ltd. Christopher Lindell is promoted to VP and MD to lead regional operations, with IES investments totaling about 30 million dollars in Powerco and Central Power and a 13 million dollar China venture forming JIES Heat and Power Company.
MENTIONED IN THIS ARTICLE
New Zealand Investments
Auckland
George C. Ford
IES Industries Inc
New Zealand
IES International
IES Industries
IES New Zealand Ltd
Powerco Ltd
Central Power Ltd
Christopher Lindell
IES New Zealand
Lindell
IES_ Industries
Ing
Powerco
Central Power
IES
Jies Heat and Power Company Ltd
Cedar Rapids Company
Jiaxing City Power Bureau
Jiaxing
China
Peter Dietrich
HON Industries to Acquire British Office Furniture Rival Allsteel
HON Industries of Muscatine announced a pact to buy Allsteel Inc. of London in a deal likely to close in June pending regulatory approval. Allsteel operates five plants in Tennessee Mississippi and Pennsylvania and posted about 150 million in 1996 sales. HON plans cash and debt financing and will keep Allsteel brand lines.
MENTIONED IN THIS ARTICLE
George C. Ford
HON Industries
Muscatine
Allsteel Inc
BTR PLC
HON
Allsteel
Tennessee
Mississippi
Pennsylvania
Jack
Neural Applications and Ethos Announce Merger to Form New Firm
Neural Applications Corp of Oakdale Research Park will merge with Ethos Corp of San Francisco. The combined company will operate as Neural Applications Corp with InvestorsEdge continuing as online name. Neural brings data mining and intelligent filter tech. Ethos contributes Internet finance product experience and tech. Neural employs 52, Ethos 10.
MENTIONED IN THIS ARTICLE
Neural Applications Corp
Coralville
Ethos Corp
Ethos
InvestorsEdge
Internet Financial Broadcasting
Neural Applications
Oakdale Research Park
Neural
NetProphet
Robert Squires
US retail sales slip 0.3 percent in April
Commerce data show broad based declines with auto and department stores down 0.9 percent while restaurants and bars rise 0.5 percent. Analysts cite auto strikes and poor weather as factors and expect a rebound as the economy stabilizes in the second quarter.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Federal Reserve
Predator insect protects cassava supply across continents
Scientists from three international centers report a predator insect that targets green spider mites attacking cassava, a staple for 500 million people. Field tests show mite reductions up to 90 percent. the organism is now deployed in 11 African countries. Noting related work, Hans Herren won the World Food Prize in 1995 for propagating a wasp that controls the cassava mealybug.
MENTIONED IN THIS ARTICLE
Washington
Tuesay
Hans Herren
Also Mentioned on This Page
Raytheon
Overseas Office
Tribution Companies
Dietrich
Chris
Michaels
California
Patrick Connolly
Robert Dederick
Northern Trust Co
Chicago
Imi
Africa
Asia
Latin America
Frontier Investment Services
Advisors Group, Inc
SIPC
Ffutures.com
River Riple Drive
Cedar Rapips
JM Best, Inc
Ave
HeTrac
Kirkwood Touchtone Registration & Communications
Hkkirkweood
Kirkwood.cc
Gall Today
Merle Burmeister Industrial
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!