Markets End Mixed With Slight Dow Dip and Bond Selloff
Stocks closed mixed as the Dow slipped 2.42 to 4435.05 amid higher volume. Eastern Iowa names rose with Noland up 1 percent, Heartland Express and Raytheon also gaining. Treasury bills sold at higher discounts while one year yields eased to 6 percent. PlaySkool recalls 123000 swings over restraint concerns. refunds offered.
MENTIONED IN THIS ARTICLE
Dow Jones
Iowa
Noland
Heartland Express
Raytheon
Treasury
Treasury Department
IES faces cutbacks if Iowa utilities ruling stands
IES Industries warns shareholders that a $16.9 million rate cut could force community and payroll reductions unless an Iowa Utilities Board decision is overturned. Chairman Lee Liu cites restructuring and efficiency as needed while protecting employees and facing dividend uncertainty.
MENTIONED IN THIS ARTICLE
Dale Kuete
Gazette
IES Industries
Iowa Utilities Board
IES
Lee Liu
Liu
Collins Plaza Hotel
Cedar Rapids
Utilities Board
Iowa Southern
Margaret Billings
Terry Branstad
Douglas Jones
Iowa City
The
Sierra Club
Industrial output falls to nine month low in April
The Federal Reserve reports April output at factories mines and utilities down 0.4 percent from March, marking back to back declines for the first time since 1991. Capacity utilization slips to 84.1 percent, the lowest since last July, as markets react with a drop in 30 year Treasury yields to 6.89 percent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
The
U.S
Treasury
NRCS Allows Conservation Variances In Iowa This Spring
The NRCS in Iowa grants variances to conservation compliance plans due to wet cool spring conditions. Most counties except 15 northern counties may vary plans this year, with case by case exceptions for wet soils weeds and crusting hindering no till planting. Variances will be applied in May and June during status reviews of randomly selected farms.
MENTIONED IN THIS ARTICLE
U.S. Department of Agriculture
Natural Resources Conservation Service
NRCS
Iowa
Winnebago
Worth
Cerro Gordo
Mitchell
Floyd
Howard
Chickasaw
Bremer
Winneshiek
Fayette
Allamakee
Clayton
Franklin
Hardin
Hamilton
Leroy Brown
Brown
Bad USDA loans cost 1.47 billion to taxpayers
Agriculture Secretary Dan Glickman told the Senate Agriculture Committee that up to 1.47 billion in bad loans issued by the Agriculture Department since the late 1970s could fall to taxpayers. He noted 6.3 billion in bad debt since 1991 from Farmers Home Administration losses after its merger into the Consolidated Farm Service Agency.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Agriculture
Dan Glickman
Farmers Home Administration
Consolidated Farm Service Agency
Glickman
Senate Agriculture Committee
Department
Dick Lugar
R-Ind
Housing starts rise in April led by multifamily gains
Housing starts rose 0.4 percent in April the first rise in four months due to multifamily building gains. Single family starts slipped 0.1 percent to 983000 while apartments and condos increased 2.4 percent to 253000. Overall starts for 1995 fall 11.2 percent from 1994.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Also Mentioned on This Page
Dow
PlaySkool
Consumer Product Safety Commission
Magis
Harrison
USDA
NEW York Stock Exchange
PacTelesis Hanson
American Stock Exchange
Intercorm
FtAuster
Viacomb
Mens Turner
Oracles
Miesfis
Novell
Amex Index Loos
Amex
Eee
Nets Ae Ae
Ind
Uti
Biotech
Standard & Poor's
Indust
Sais
Insurance
Transpt
Telecom
Utilities
Wilshire Associates
Monig
Associated Press
Skogman Realty
Pate
Plac
Savings Club
Weber Paint & Glass
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