Market Movers and Mixed Thematic Changes
Reading of tickers shows Alliant Arch Dan Deere and Ingredion among listed issuers with modest gains and losses. PepsiCo displays a notable uptick while other firms such as Heartland Ex and MidWOne show small declines in early trading.
Cedar Rapids rated Aa1 by Moody's on city bonds
Moody's Investors Service assigns Cedar Rapids an Aa1 rating on its 84 million general obligation bonds series 2020A 28 million taxable general obligation bonds series 2020B and 27 million taxable general obligation bonds series 2020E. Aaa on outstanding GO debt and Aa2 on sewer revenue bonds 6 million and water revenue bonds 9 million. Rating notes low credit risk and cites economic health while pandemic not a key driver.
MENTIONED IN THIS ARTICLE
Moody’s Investors Service
Cedar Rapids
Moody’s
Deere shares rise on resilient farm equipment demand amid pandemic
Deere & Co posted a stronger than expected quarter as essential farming demand supported sales and margins, despite revenue dips. The company reinstated earnings guidance at 1.6 to 2.0 billion, down from last year’s level, while forecasting agriculture equipment sales to drop 10 to 15 percent globally and 10 percent in the U S and Canada. Supply chain barriers remain but are not derailing near term operations.
MENTIONED IN THIS ARTICLE
China
Deere
Chris Ciolino
Bloomberg Intelligence
Edward Jones
Matt Arnold
Stephane Kovatchev
Bloomberg
United States
Canada
John Deere
International Agri-Center
Tulare
Calif
Deere and Co
Dillard's to Close Waterloo Store and Two Others
Dillard's will permanently close its Waterloo Iowa store along with two other locations in New Mexico and Oklahoma. The Waterloo store employs about 65 people, and a closing date has not been set. Company officials cited past pandemic closures and weak early results as factors behind the plan.
MENTIONED IN THIS ARTICLE
Waterloo
Julie Johnson Guyman
New Mexico
Oklahoma
Iowa
Dillard’s
Alex Dillard
Teaching teens money lessons through iPhone choices
A survey shows teens favor iPhones and expect upgrades, prompting a parent guide with five money lessons. Key ideas include opportunity cost, lifestyle creep, used versus new, ownership duration, and save-for-it budgeting to steer teens toward affordable, responsible smartphone spending.
MENTIONED IN THIS ARTICLE
Apple
Also Mentioned on This Page
Alliant
Arch Dan
eGenMywoo
Heartland Ex
Ingredion
Midwone
PepsiCo
Nyse ‘Empo
Linncoop.com
Grants
C.R
Moody's
the Gazette
World Ag Expo
Little Rock, Ark
Dillard’s Department Store
Johnson Guymon