Iowa Stocks End Week Lower Amid Cautious Federal Signals
Wall Street fell as Greenspan warned of slower growth and investors pulled back. The Dow declined to 11 005.37, down 117.05, while the Nasdaq slipped to 2 251.03. United Fire and Nash Finch rose, Wal-Mart fell, and Souvenir-Norwood reduced eight positions in Cedar Rapids as Bock Berry Farm changed ownership for 310 000 dollars. Engineering Animation and Unigraphics Solutions entered a new sale, with EDS purchasing the remaining Unigraphics stake for 170 million dollars to create a combined CAD software group.
MENTIONED IN THIS ARTICLE
Federal Reserve
Alan Greenspan
Iowa
United Fire
Nash Finch
Wal-Mart
Fiserv
General Electric
Souvenir-Norwood
Cedar Rapids
Doug Miskimen
Engineering Animation Inc
Unigraphics Solutions
Electronic Data Systems
EDS
Unigraphics
Structural Dynamics Research Corp
NEW York Stock Exchange
LucentTech
Transport
GemElec
Finance
Atat Corp
Ariilies
NortelNet
Intels
Oracles
ADC Tel
Sun Micro ‘ S
AMEX
DOW Jones
Ind
Trn
Tata
Indus
Inc
Standard & Poor's Biotech
Finand
Indust
Transpt
Insurance
Utilities
Li Telecom
Wilshire
Santa Monica
Calif
Union Charges Company with Targeting Pilots in Strike Endgame
The Air Line Pilots Association accuses Comair management of calling striking pilots at home to press them to end the walkout that has shut the airline for two months. Comair cites pilots receiving feedback through the union while noting leadership remains the source of information.
MENTIONED IN THIS ARTICLE
Comair
Air Line Pilots Association
Nick Miller
Paul Lackie
Public Spending Report Notes Budget Movements
Government figures show budget reallocations across departments with emphasis on social programs and infrastructure funding. Officials cite policy goals, projected deficits, and oversight measures while outlining next quarter spending priorities.
MSI Mold Builders expands with Sagittarius Mold buy
Cedar Rapids based MSI Mold Builders purchases Sagittarius Mold of Greenville South Carolina in an asset sale. The 20 000 square foot plant joins an MSI facility in Bentonville Arkansas creating a new NSI Mold Builders Southeast Inc. with 17 Sagittarius employees. Roger Klouda notes closer service to southeastern clients.
MENTIONED IN THIS ARTICLE
George C. Ford
Cedar Rapids
South Carolina
Iowa
MSI Mold Builders of
Sagittarius Mold
Greenville
S.C
Cedar Rapids Company
United States
Sagittarius
MSI
Bentonville
Ark
Highway 965
Manufacturing Specialties Inc
Swisher
Edwin and
Charles Klouda
Roger Klouda
Rim
Southeast
NSI Mold Builders Southeast Inc
Roger Olson
Ellis Jarrell
Klouda
Wienermobile drivers wrap up year with hot-dog memories
Josh Delosreyes and Allison Deutch, both 22, wrap a year promoting Oscar Mayer by visiting Cedar Rapids Hy-Vee stores after driving through 35 states. They share stories and home meals with fellow hot-doggers before handing over the keys. They will appear Sunday at three Cedar Rapids locations with the bunroof vehicle in tow.
MENTIONED IN THIS ARTICLE
Nathan Lambrecht
Nicholas Peters
Cedar Rapids
Oscar Mayer
Allison Deutch
Des Moines
Fareway
10Th. Ave
Marion
Deutch
Delosreyes
Washington State
New York City
Gers — Oscar Mayer
First Ave
Oakland Road
Johnson Ave
U.S. economy slows amid weak first quarter GDP data
The U.S. economy grew only 1.3 percent in Q1, far below the 2 percent estimate, as unsold goods weighed on growth. Factory orders for durable goods fell 5 percent in April, and existing home sales declined 4.2 percent, though still near record levels.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Federal Reserve
Alan Greenspan
Fed
National Association of Realtors
Strong livestock prices lift farmers income in 2001 forecast
ARticle notes higher beef and milk prices boost some farmers profits while crop producers face low prices and rising energy and fertilizer costs. USDA projects 2001 net farm income at 42.4 billion, up 1.1 billion from January, with livestock value near all time high and crop value down from 1996 peak.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Congress
Susan Offutt
USDA
Economic Research Service
United States
Steady Summer Jobs Outlook For Cedar Rapids Iowa City
Manpower Temporary Services reports a steady summer job market in the Cedar Rapids Iowa City corridor with 30 percent of employers planning hires and 20 percent planning reductions for July through September. Iowa City shows 27 percent hiring and 13 percent layoffs with 60 percent no change.
MENTIONED IN THIS ARTICLE
Iowa City
Gavin
Also Mentioned on This Page
Norwood
Bock Berry Farm
Cheryl
Troy Augustine
Marc
Diane Bock
Lone Tree
Bocks
Augustines
Sand Rd
Ames Company
Djia
Levi’s
Levi's
Levi Strauss & Co
Lynn Downey
Nevada
eBay
Jennifer Chu
Chrysler
Chrysler Group
DaimlerChrysler AG
Auburn Hills
Canada
Mexico
BizFacts
OURO
Paul
Sermary
Boit
MSI Mold Builders
By Dave DeWitte
Denartn
Gary Speich
Mas Hale
Mt. Vernon Rd
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