Activist protests merger and Turkmenistan loans in brief
A Raleigh activist hunger strikes to oppose NationsBank and Bank of America merger over rural lending gaps. Eximbank loans Turkmenistan 96 million for gas development and 212 million in projects financed by foreign banks.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
NationsBank
BankAmerica
Stella Adams
North Carolina Fair Housing Coalition
Bank of America
Adams
Federal Reserve
North Carolina
U.S
Turkmenistan
Eximbank
Interfax
Saparmurad Niyazov
Treasury short-term bills mixed in Tuesday auction
The Treasury sold three month bills at 5.020 percent, down from 5.080. six month bills at 5.165, up from 5.160. The discount rates imply yields of 5.155 and 5.379 percent for $10,000 and $9,737.40 respectively. The Fed reported one year bill yields averaging 5.45 percent, down from 5.46.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Federal Reserve
Dow Jones Dives Below 9000 As Downtick Persists
The Dow fell 150.71 points to 8963.73 on Tuesday amid fading hopes for a market recovery. The Nasdaq also slumped for the fourth straight session as concerns over overvaluation and looming earnings weighed on sentiment. Eastern Iowa stocks showed mixed moves with several gainers and losers.
MENTIONED IN THIS ARTICLE
New York
Dow
Market Movers Show Dow Dip and Sector Declines
The Dow dropped about 1 percent closing near 53 points. Penford slipped to 33, Weyerhaeuser to 53, Proffitt s to 38 3/16, United Technologies to 95 1/16, International Paper to 49 11/16, Firstar to 36, and Norwest to 38.
MENTIONED IN THIS ARTICLE
Penford
Weyerhaeuser
Proffitt’s
United Technologies
International Paper
Firstar
Norwest
Consumer confidence dips slightly in May amid optimism
Amer icans' confidence fell to 135.2 in May from 137.2 in April. The decline beats expectations and keeps the index near its 29 year high. Analysts cite steady growth and a cooling of expectations as spending may slow.
MENTIONED IN THIS ARTICLE
New York
Conference Board
Wall Street
Gary Thayer
A.G. Edwards & Sons Inc
St. Louis
U.S
Midwest
Middle Atlantic
Energizer unveils high powered battery line
CHICAGO AP Eveready Energizer introduces a new Advanced Formula line claiming 60 percent longer run time for high powered devices. The batteries will be priced like current models and roll out over six months with a $150 million worldwide ad campaign aimed at dethroning Duracell and other rivals.
MENTIONED IN THIS ARTICLE
Chicago
Eveready
Energizer
Iowa Crops Progress With Early Corn Emergence
The latest Iowa Crops & Weather report shows corn emergence 16 days ahead of the five year average and 85 percent of soybeans planted. Southeast and south central areas lag in soybean planting due to muddy fields after heavy rain. Topsoil moisture ranges from adequate to surplus across districts with recent precipitation above normal.
MENTIONED IN THIS ARTICLE
Gazette Rural Affairs
Iowa
Denny Blakely
Farmers Co-op Association
Brighton
Iowa Crops & Weather Report
Survey Finds Americans Overestimate College Costs
A US survey shows adults and parents misjudge higher education prices. Respondents think in state tuition for a four year public college is 9694 dollars versus the College Board's 3111 dollar figure. Community college and private university estimates also miss real costs.
MENTIONED IN THIS ARTICLE
Washington
American Council On Education
The
College Board
Iowa
University of Iowa
Iowa State University
University of Northern Iowa
Kirkwood Community College
Kirkwood Board of Trustees
Congress
eSeventy
KRC Research & Consulting
Pulitzer Publishing to sell TV and radio assets for 1.15 billion
Pulitzer Publishing Co. agrees to divest its nine TV and five radio stations to ecagemad Television Inc. for 1.15 billion in stock, forming a 24 station TV group and seven radio outlets. The deal funds a new Pulitzer Inc. holding in newspapers with about 450 million in cash and debt-free status. Hearst-Argyle will take on 700 million of debt and provide 41 million in closing working capital.
MENTIONED IN THIS ARTICLE
ST. Louis
Pulitzer Publishing Co
Ecagemad Television Inc
Kcci-Tv
Des Moines
Hearst-Argyle
U.S
Pulitzer
Pulitzer Inc
St. Louis Post-Dispatch
Arizona Daily Star
Tucson
West
Midwest
Michael Pulitzer
Pulitzer Publishing
Also Mentioned on This Page
U.S. Bank UK
Pakistani Exchange
Pakistan
Stock Exchange
Karachi Stock Exchange
Exchange
Mirror Group
Mirror Group PLC
London Stock Exchange
Germany
Axel Springer Verlag AG
London
Bottum
New York Stock Exchange
AEGON
General Electric
Gillette
Procter & Gamble
Wal-Mart
Dow Jones Industria
National Association of Realtors
Duracell International
TIM Negro Investments
Timothy C. Negro
Rapeoeuntative
Walnut Street Securities, Inc
NCUA
O Linn Taa Credit & Union Tip
Rens “Are
Linn County
Saat
Blairs Ferry
20Th Ave
Marion
31St Street
East Central Reporting District
Linn
Johnson Counties
D.M
Center Point Rd
Comeag Chrysler
He Transport
American Stock Exchange
Hanover
Ood PLC Systems
TWA
Intel
Cisco
DOW Jones
Amex
Ns Indus
Ns Tran
Biotech
Standard & Poor's Indust
Industries
Unis Wee TR Telecom
Utilities
Transpo m
Wilshire
Wilshire Associates
Associated Press
Life Investors
Life Investors Insurance Company OF America Securities
Inter Securities, Inc
River Ridge Drive
Cedar Rapids
Cityline
Standard & Poor's
Stockline
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