Wall Street ends calm session as investors weigh ISM data
U S stocks finish mixed after a weak ISM manufacturing reading. Dow falls 5.18 points to 9319.83 while S P 500 slides to 966.30 and Nasdaq gains 5.38. Wells Fargo delays Kovacevich retirement amid Wachovia merger talks. Mount Vernon Winter Farmers Market opens Saturday in City Hall lower level with biweekly sessions through April and final 2008 dates in November and December.
MENTIONED IN THIS ARTICLE
Wall Street
Institute For Supply Management
U.S
Mount Vernon
Mount Vernon City Hall
First St. W
David and
Mickey Miller
Flood recovery opens Cedar Rapids businesses
After the June flood several Cedar Rapids shops resume operation including Family Dollar at 903 First Ave SW Sled Shed at 225 Third Ave SW and Spirits Journey at 924 First Ave NW Readers with reopenings are asked to email money gazcomm.com for listing updates.
MENTIONED IN THIS ARTICLE
Family Dollar Store
First Ave
Cedar Rapids
Third Ave
Spirits Journey
Rockwell Collins earns rise 22 percent in 2008 results
Rockwell Collins reported a 22 percent rise in fourth quarter net income and a 16 percent annual gain to 678 million for 2008. The firm forecast lower 2009 revenue and earnings due to Boeing strike fallout and defense program delays, while noting a 400 airplane capacity reduction and 6 percent growth in government systems sales.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Cedar Rapids
Rockwell Collins
Aviation Electronics
Boeing
Hawker Beechcraft
Clay Jones
Jones
Commercial Systems
Government Systems
Legacy exit planning urged for secure business futures
Business experts urge owners to plan exits early to ensure a smooth transition when stepping back due to illness or retirement. Options include selling to family, key employees, or using employee stock plans, with timing crucial for maximizing value.
MENTIONED IN THIS ARTICLE
Janet Borholm
The
Gazette
Michele Boyer
Princer
Cedar Rapids
American Institute of Certified Public Accountants
Maurie Cashman
Sunbelt Business Advisors
Iowa
Cashman
Stan Pfoff
Pfoff Electric
Marion
Harlan DeMean
John Gorman
Pfoff
DeMean and Gorman
Mark Tade
the Gazette
Dour Midwest economy seen in Mid-America survey
A survey of supply managers from nine states shows a contracting regional economy with October index at 39.9, the weakest in 14 years. Creighton University economist Ernie Goss warns of a deepening downturn and rising job losses into 2009, with confidence at a record low 22.8. Iowa's index rose slightly to 36.7 as auto ties weaken.
MENTIONED IN THIS ARTICLE
15Th St
Cedar Rapids
Williams Boulevard
C 'S
Dubuque & Market Streets
Iowa City
First Avenue
Coralville
Omaha
Neb
Mid- America
Creighton University
Ernie Goss
Goss
Iowa
Choosing a financial planner: tips for careful selection
The article advises interviewing about three planners, checking payment structures to avoid conflicts, and seeking CFP certification. It notes many planners prefer large accounts and may push high commission products, urging comparison with low cost options and free initial consultations. It lists sources for names and stresses understanding fees and commissions.
MENTIONED IN THIS ARTICLE
J.S
Oak Park
Ill
Fpanet.org
Napfa.org
Also Mentioned on This Page
Wells Fargo
Wells Fargo Co
Wachovia Corp
Richard Kovacevich
Kovacevich
John Stumpf
Wachovia
Stumpf Toe
Wells Papo
money@gazcomm.com
R David
Dewitte
Gazcomm.com
Janet
Rorholm
Midwest
Chicago Tribune
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