Wall Street slips after housing drop and forecasts cut
Stocks drifted lower on Wednesday after a surprise drop in home construction and weak forecasts from technology firms. The Dow fell 11.11 points to 10,426.31, the S&P 500 slid to 1,109.80, and the Nasdaq dropped to 2,193.14 as analysts foresee a market pause after gains. Alliant Energy's COO Eliot Protsch will retire January 2 after 31 years with the company.
MENTIONED IN THIS ARTICLE
Standard & Poor
Alliant Energy Corp
Eliot Protsch
Protsch
Alliant
Alliant Energy
Eliot
Bill Harvey
Home building drops to lowest pace since April
The Commerce Department reported a surprising plunge in housing starts in October dropping 10.6 percent to a seasonally adjusted annual rate of 529,000 from a revised 592,000 in September. Economists expected about 600,000 for October.
MENTIONED IN THIS ARTICLE
Commerce Department
Thomson Reuters
Alliant to trim trees in Linn County areas this Friday
Alliant Energy workers and contractors will be in Stone City and Viola on Friday to trim trees that are beneath or within ten feet of overhead power lines. The company provides the number and online resources for more information.
MENTIONED IN THIS ARTICLE
Alliant Energy
Stone City
Viola
Alliant
Alliantenergy.com
Alliant trims downtown Cedar Rapids steam ties five clients remain later
Alliant Energy says only five of about 200 downtown steam customers will miss Dec 1 shutdown as temp boilers cover Quaker Oats and four other large users. Quaker Oats will not have its new boiler ready until April due to system complexity. permanent plant decommissioning costs and future uses of the Sixth Street site are discussed with city officials.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Cedar Rapids
Alliant Energy
Quaker Oats
Alliant
Quaker
Tom Aller
Interstate Power & Light Utility
U.S. Cellular Center
Crowne Plaza
Five Seasons Hotel
International Paper Co
Cargill Corp
Sixth Street
Cedar River
Dee Brown
Aller
Allianz
Alliant Officials Told the Gazette
America
Prairie Creek
Banks lure deposits with cash bonus savings plans
U S Bancorp to offer 500 Visa card and 50 after 12 months for $1,000 saved, plus Wells Fargo unveils 3 percent cash bonus up to 150 with 13 month balance. Banks push incentives to tap saver shift as Americans seek austerity. Experts debate if savings rise signals a lasting trend.
MENTIONED IN THIS ARTICLE
Star Tribune Inneapolis
U.S. Bancorp
U.S
Bancorp
Wells Fargo & Co
Minnesota
Richard Hartnack
Federal Reserve
Hartnack
Census hires door to door workers in Iowa
The U S Census Bureau seeks several hundred Iowa enumerators to visit about 40 000 households that did not return forms. Pay is about 12 75 per hour with a week of paid training. Work in May and June mostly afternoons evenings and weekends. Candidates face tests blood FBI background checks and fingerprinting with local testing in Linn and Johnson counties.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Cedar
Darryl Hysler
Bureau
Hysler
Jowans
David Clark
Cedar Rapids
Linn
Johnson
FBI
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Wall Street
Linn County
David
Dewitte
Gazcomm
Interstate Power & Light
Penny Vte
ECB
ONSE
Greg McBride
Bankrate.com
Census
Avid
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