Nasdaq slides to lowest close since Nov 1999
The Nasdaq composite fell 199.66 to 3164.55 on Tuesday as rising rates spooked buyers and tech shares led the decline. The Dow slipped 120.28 to 10422.27 while NYSE volume edged lower. Eastern Iowa stocks showed mixed results with 16 gainers, 24 losers and six unchanged.
MENTIONED IN THIS ARTICLE
Dow Jones
New York Stock Exchange
Iowa
Maytag
National Computer Systems
Weyerhaeuser
Fiserv
McLeodusa
Rockwell
Ethanol Gains Share In Iowa Fuel Market Amid Rising Prices
Iowa's ethanol share rose from 25 percent in 1996 to about 48 percent in March as prices climb. Kimm Oil in Blairstown shifted from 50 50 gasoline ethanol to 30 70, attracted by lower ethanol prices. Sunrise Energy Blairstown benefits from ethanol price gains, while ADM Inc. in Cedar Rapids maintains output. retailers note higher margins and growing consumer demand.
MENTIONED IN THIS ARTICLE
Columbus McKinnon Corp
Midland Forge Co
Cedar Rapids
Amherst
N.Y
Iowa
Ward Lenz
Iowa Department of Natural Resources
Blairstown
Max Kimm
Sinclair
Scott
Sunrise Energy Co-operative
ADM Inc
Doug Brakhahn
Microsoft seeks judge views on breakup of software giant
Microsoft returns to court to learn how seriously U S District Judge Thomas Penfield Jackson is considering a government plan to split the company. The Department of Justice and most states urge a two firm remedy while Microsoft asks for dismissal or a longer preparation period for a milder penalty.
MENTIONED IN THIS ARTICLE
Microsoft
Washington
U.S
Thomas Penfield Jackson
Justice Department
Jackson
Redmond
Biztravel.com bets on refunds to lure late flight travelers
Dallas based Internet travel site biztravel.com offers refunds to passengers on American Airlines Continental Airlines US Airways British Airways and Air France for delays and cancellations. The plan promises $100 for delays over 30 minutes $200 for hour or more delays and full refunds for flight-day cancellations not caused by mechanical problems as a low cost brand building gamble.
MENTIONED IN THIS ARTICLE
Dallas
Biztravel
American Airlines
Continental Airlines
US Airways
British Airways
Air France
Continental
British Air
Biz Travel
Drugmakers form alliance to develop dual action pills
Merck and Schering-Plough announced a joint venture to create new uses for existing medicines and develop two dual action pills. One combines Claritin with Merck's Singulair for allergies, the other pairs Zocor with a Schering-Plough experimental drug.
MENTIONED IN THIS ARTICLE
Whitehouse Station
N.J
Merck & Co
Schering-Plough
Merck
Zocor
Vendor Financial Services moves to new Cedar Rapids building
GE Capital unit Vendor Financial Services marks its relocation to an 80 000 square foot two story facility at 1010 Thomas Edison Blvd SW Technology Park Cedar Rapids with a 3 p.m ribbon cutting The Cedar Rapids operation includes a customer support center serving over 300 000 accounts and an alliances center for lease financing programs The move supports growth and was completed on time and on budget with support from Ryan Companies OPN Architects Priority One and the Cedar Rapids City Council
MENTIONED IN THIS ARTICLE
Aegon USA
Edgewood Rd
Vendor Financial Services
Cedar Rapids
Ing
Gary Britton
Peggy Meyer
Also Mentioned on This Page
Gillette
Gillette Co
Merrill Lynch
Merrill
Heather Hay
Columbus McKinnon
Djia
BizFacts
Kimm Oil Co
Kimm
Bob Scott
American Coalition For Ethanol
Co-Op
Wayne Newton
Sunrise
Gazette
Buzz Orr
Tom Hoskins
Fairfield
Amoco
Highway 6
First Avenue
Coralville
Walgreens
Hoskins
Wears Auctioneering
Biztravel.com
Hal Rosenbluth
Drugmakers Plan Alliance
Merck and Schering-Plough
Raul Cesan
GE Capital Unit
FDIC
Cedar Falls
Independence
Jesup
Lamont
Norway
Waterloo
Www
Bankiowa.com
Collins Community Credit Union
Marion Branch
Marion Hy-Vee
Collins Community DC Credit Union
Matek Is A
NCAA
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