Deere reports record second quarter profits and revenue growth
Deere & Co of Moline Illinois posts a second quarter profit of 189.3 million on 2.46 billion in revenue led by strong demand for construction equipment. First half earnings reach 276.3 million on 4.19 billion sales while last year’s period showed a loss. Catherine Stores in Memphis reports first quarter net income of 1.9 million on 64.2 million sales.
MENTIONED IN THIS ARTICLE
Deere & Co
Moline
Deere
Catherines Stores Corp
Catherine’s
Cedar Rapids
CRG earnings fall 75 percent on debt, investment decline
Central Resource Group Inc. owner of Midland Savings Bank reports first quarter earnings down 75.1 percent to 986000 from 3.96 million in 1993. CRG, Des Moines based subsidiary of Central Life Assurance Co., also controls Iowa Realty and several Central Financial brands.
MENTIONED IN THIS ARTICLE
Central Resource Group Inc
Midland Savings Bank
Des Moines
No Sale Stalls Clinton Health Plan Pitch in Cedar Rapids
Bruce Kent of the SBA faced skepticism from Cedar Rapids small business owners during a round table on the Clinton administration health care reform. Attorneys and hospital executives questioned federal cost effectiveness, Medicare subsidies, and the impact on private insurers as Iowa weighs regional health care alliances.
MENTIONED IN THIS ARTICLE
George C. Fora
U.S. Small Business Administration
Cedar Rapids
Clinton
Bruce Kent
SBA
Kansas City
Kent
Health Care Alliance
Michael Donahue
Moyer & Bergman
Baloney
Donahue
James Tinker
Mercy Medical Center
Iowa
Tinker
Midwest
Iowa Northern Railroad Sold to Iron Road Railway
Iron Road Railway, a Washington DC based holding company, will buy the Iowa Northern Railroad which hauls grain to Cedar Rapids processors. The 130 mile line from Manly to Cedar Rapids with service to Waterloo and other towns is set to transfer next month. The sale includes a $3.6 million loan assumption and will keep headquarters in Greene.
MENTIONED IN THIS ARTICLE
Iowa Northern Railroad
Cedar Rapids
Iron Road Railway
Washington, D.C
Iowa Northern
Iowa Railway Finance Authority
Manly
Waterloo
Nora Springs
Vinton
Palo
Rock Island Lines
Harold Stark
Stark
Iron Road
Dan Sabin
Greene
ADM Corn
Cargill
Penford Products
Program trading and market volatility
An overview of program trading methods such as basket trading portfolio insurance and index arbitrage and how automated and manual order flows can magnify stock market swings. The piece notes a circuit breaker after the 1987 crash and discusses dynamic asset allocation and potential market spiral risks. Susan Bondy Cedar Rapids Gazette Iowa address mentioned.
MENTIONED IN THIS ARTICLE
Standard & Poor
New York Stock Exchange
Susan Bondy
Cedar Rapids
Dow Edges Up Amid Profit-Taking As Stocks Dip
The Dow Jones Industrial Average rose only slightly on Tuesday, ending at 3,745.17 after profit taking hit blue chip shares. In Eastern Iowa trading, 19 issues gained, 17 fell and seven held steady with notable moves from AEGON, Deere, Hon Industries, United Fire and Norwest.
MENTIONED IN THIS ARTICLE
Iowa
AEGON
Deere
Hon Industries
United Fire
Norwest
Also Mentioned on This Page
C.R
Bondy
Dow
Associated Press and Gazette
Baird
New Financial Institutions Opportunity Trust
The
Financial Institutions Opportunity Trust
Florida
Robert W. Baird & Co
Baird Investment
Securities and Exchange Commission
By Rars
Robert W. Baird & Co. Incorporated
Avenue
S.E
New York Stock Exchange, Inc
SIPC
Official Guide
Iowa City
Coralville
Gazette
Advertiser
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