Mixed Stocks Dip Slightly as Dow Drops on Friday
Markets closed mixed with the Dow down 40.31 to 8804.84 while the Nasdaq edged up to 1468.74 and the S&P 500 slipped to 930.55. Volume was moderate at 2.07 billion shares with advancers ahead seven to six. For the week the Dow rose 2.6 percent, its seventh straight gaining week. Iowa led U.S. egg production in October with 37.8 million layers producing about 1.0 billion eggs, as October total output reached 7.41 billion.
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Standard & Poor
New York Stock Exchange
Dow
Lowa
U.S. Department of Agriculture
Iowa
U.S
Ohio
Alliant
Wall Street
Cargill seeks property tax break for expanded Cedar Rapids plant
Cargill requests a property tax exemption for a project at 1110 12th Ave SW to expand product processing capacity. Cedar Rapids facility manager Paul Kerr says the change will position the plant as a supplier of specialty value added products. workforce remains 75. Council hearing set for Nov 26 before potential final approval at a public meeting. Separately, U S meat production in October rose to 4.38 billion pounds, with Iowa at 579 million pounds. Iowa cattle slaughter 64,400, hogs 2.71 million, with average weights of 1,287 and 263 pounds respectively.
MENTIONED IN THIS ARTICLE
Cargill
12Th Ave
Paul Kerr
Cedar Rapids
Iowa
Alliant to Cut Dividend and Sell Units Plan Unveiled
Alliant Energy disclosed a plan to bolster investor confidence by selling non core units cutting its annual dividend to $1 a share and reducing capital expenditures by about 400 million over 2002 and 2003. The strategy includes selling the Australian hydroelectric operations Whiting Heartland Properties and other non core businesses to trim debt and support a weaker earnings growth outlook.
MENTIONED IN THIS ARTICLE
Dave DeWitte
the Gazette
Alliant Energy
Alliant
Heartland
Iowa Capital
Cedar Rapids
Alliant Energy Resources Division
Holiday dinner costs rise in I C and fall in C R
An unscientific Gazette survey shows a Thanksgiving dinner for 10 costs 33 75 in Iowa City and 26 34 in Cedar Rapids. The national average is 34 56, with turkeys around 93 cents a pound. Prices vary by city and year, with several items rising or falling and total prep costs listed.
MENTIONED IN THIS ARTICLE
the Gazette
Iowa City
Cedar Rapids
American Farm Bureau Federation
AFBF
Mark Jenner
The
Bureau
Cedar Iowa
Rapids
American Farm Bureau
Iowa
Lone Tree bank opens Iowa City office
Farmers & Merchants Savings Bank completes a new full service facility at 2235 Mormon Trek Blvd Iowa City next to Chezik Sayers off Highway 1. The building includes drive up lanes, an ATM, and a large conference room with plans for future expansion. A Dec 5 ribbon cut is set at 4 30 p.m. for the Lone Tree based bank established in 1901.
MENTIONED IN THIS ARTICLE
Lone Tree Bank
Iowa City
George C. Ford
Farmers & Merchants Savings Bank
Mormon Trek Blvd
Gilbert Street
Chezik-Sayers
Highway 1
F&m Bank
Lone Tree
Surance
Kevin Castle
McComas-Lacina Construction Co
Debate Over Pharmaceutical Crops Grows at Iowa Forum
At Iowa State University a public forum on pharma crops in the Corn Belt drew farmers officials and scientists into a heated exchange. FDA official Keith Webber called the guidelines a zero tolerance policy as questions linger about keeping bioengineered crops from contaminating food and feed supplies.
MENTIONED IN THIS ARTICLE
Ames
Corn Belt
Iowa State University
Iowa State
Keith Webber
FDA
Center For Biologics Evaluation
Washington
Grassley says ethanol boost delayed but not doomed
Sen. Chuck Grassley Iowa Republican says the year end congressional adjournment halted a plan to produce 5 billion gallons of ethanol annually within ten years. He calls ethanol bipartisan and expects a comprehensive energy bill including corn ethanol to move in early 2003 despite ANWR fights and utility rule disputes.
MENTIONED IN THIS ARTICLE
Bwe Vutea Yun
Washington
Congress
Chuck Grassley
Iowa
Grassley
Arctic National Wildlife Refuge
ANWR
Alaska
Senate
Grass
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AP Stockquote
Local
Erroll Davis
Credit Rating Agency
Allianz
Davis
Tors
Chris Schoenherr
David.dewitte
Gazettecommunications.com
I.C
C.R
By Marlene Lucas
Jenner
Turkey
Narlene.lucas
Principal Financial Group
George.ford
Animal and Plant Health Inspection Service
Food and Drug Administration
Webber
George Naylor
National Family Farm Coalition
By E. Michael Myers
Penford Corp
Columbus McKinnon
PepsiCo
Come! Fed
Procter Gamble
Qwest Common Deere Co
Dillards Inc
RF Micro Devices
Fastenal Co
Ralcorp Holding
Terex Co
Heinz
Toyota Met
Hon Inds
Union Planters
Inti Paper
Old Fire Cas
Keane Inc
US Bancorp
Kohis Corp
US Cellular Longon
Unova Inc
Macc Pro Eat
Verizon Comm
Marsh & McLennan
WalMart
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