Market rally lifts Dow and tech stocks on Monday
The Dow Jones Industrial Average climbs 169.74 points to 10109.66 as tech stocks lead gains. Nasdaq rises 51.69 to 1652.54 while NYSE advancers outpace decliners 3 to 2. Toyota, Fiserv, Wal-Mart gain amid volume of 1.32 billion shares. Toys R Us says Q1 loss will be smaller than expected due to online sales. Xerox secures 496 million in GE Capital financing to reduce debt. Treasury auctions push three month bills to 1.75 percent and six month bills to 1.87 percent.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
New York Stock Exchange
Toyota
Fiserv
Wal-Mart
Genencor
Toys “R” Us Inc
Paramus
N.J
Toys “R” Us
Cedar Rapids
Waterloo
Xerox Corp
GE Capital
United States
Xerox
General Electric
Treasury
Treasury Department
Rebirth of Universal Engineering in Cedar Rapids
Universal Engineering plans to acquire assets from Metso Minerals Cedar Rapids to form a new company. The project includes a CEBA loan, TIF match, and job training aid, with initial 34 staff rising to 55 in three years. Sales projected at 10.5 million first year, 12.1 million in three years.
MENTIONED IN THIS ARTICLE
George C. Ford
Cedar Rapids
Universal Engineering
Universal Division
Metso Minerals
Universal Engineering Corp
Metso Corp
Finland
Metro
Priority One
CEBA
TIF
Kirkwood Community College
Iowa Industrial New
Ferguson
Big
Orange Universal Engineering
Werning
Benton County
Mark Seckman
Seckman
Paul Pate
Daniel Ferguson
Cedar Rapids Area
Sears buys Lands End to boost apparel sales
Sears Roebuck and Co. agrees to acquire Lands End for 1.9 billion dollars, uniting a catalog power with a top apparel brand. Lands End will remain based in Wisconsin while operating as a Sears subsidiary and its products will debut in Sears stores by fall, occupying 15 to 20 percent of apparel space by 2003.
MENTIONED IN THIS ARTICLE
Chicago
Sears, Roebuck and Co
Lands’ End
Sears
Fal
Kurt Salmon
Covington
Lacy
United States
L.L. Bean
Hoffman Estates
Ill
Iowa farmers press ahead with corn and soy plantings
Iowa planting moved ahead last week with 33 percent of corn and 30 percent of soybeans planted. Nationally 62 percent of corn and 17 percent of soybeans have been planted as rain and cool weather slowed progress. Topsoil moisture remains adequate with widespread rainfall totaling 1.95 inches statewide.
MENTIONED IN THIS ARTICLE
Gazette
Iowa
Doug Fairbanks
Anamosa
Keokuk
Fairbanks
Burlington
Spencer
Supreme Court backs plan to spark local phone competition
The court 5-3 upholds the 1996 Telecom Act aim to open local markets to competitors against Bell system successors like Verizon and AT&T. FCC authority is debated though, with potential residential savings of about ten dollars monthly once nationwide.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Bell System
WorldCom
At&t Corp
Bells
Verizon Communications
Mark Cooper
Consumer Federation of America
Baby Bells
Federal Communications Commission
Bell
Also Mentioned on This Page
Nasdaq
Dow Soars
Tech Rally
Toys ‘R’ Us
Sotymne
Iowa City
AP Stockquote
Local
C.R
Pate
George Ford
Georgef
Universal
Duane Crock
Metro Minerals
B Avenue NW
Eighth Street
By Marlene Lucas
Lowe
Iette
New York
FCC
Stephen Breyer
Antonin Scalia
Clarence Thomas
Michael Powell
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!