Wall Street Rebounds as Markets Rise with Data
Investors halted a three day loss as a weaker dollar and better home sales data lifted markets. The Dow gained 133 points to a 13 month high, while the S P 500 rose 14.86 and the Nasdaq increased 29.97 amid thin volume before Thanksgiving.
MENTIONED IN THIS ARTICLE
Dow
Standard & Poor
QVC Joins Black Friday Frenzy With Night Shopping
QVC launches aggressive Black Friday plans to keep shoppers from mall hopping. The retailer promises special deals and many new items starting Thanksgiving night. Cyber Monday and Cyber Weekends are highlighted as retailers push online sales through the holiday weekend. Major chains outline online promos and free shipping as key incentives while the National Retail Federation notes a rise in Cyber Monday deals.
MENTIONED IN THIS ARTICLE
QVC
Target
Walmart
Toys R Us
J.C. Penney
Walmart.com
National Retail Federation
Tyson Foods Posts 40 Loss On Beef Charge
Tyson Foods Inc, the largest meat producer based in Springdale, Arkansas, reported a fourth quarter loss due to a $560 million noncash impairment in its beef segment. Excluding the charge, chicken and pork were profitable and adjusted earnings were six cents per share. For the year, the company posted a $537 million loss versus $86 million profit the prior year, with annual sales at $26.7 billion, down 1 percent.
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Tyson Foods Inc
Springdale
Ark
Tyson
Iowans Have Lowest Credit Card Debt In Nation
Iowans held the lowest average credit card debt in the nation in Q3 2009 at 4225 dollars, per TransUnion. Ezra Becker of TransUnion cited lower cost of living and lighter debt in other categories as reasons, while the national average was 5612 dollars, with delinquencies dropping to 1.1 percent in the third quarter for the first time in a decade.
MENTIONED IN THIS ARTICLE
Dave DeWitt
The
Gazette
Iowa
TransUnion Corp
Credit card debt by state and trends in 2009
TransUnion data show Cedar Rapids and Iowa City above the U S average, with average debt per cardholder. Becker links rising unemployment and risk factors to lenders tightening credit and consumers guarding spending. Delinquency rates vary by state, Hawaii highest at 1.98 percent and North Dakota lowest at 0.66 percent.
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Cedar Rapids
Iowa City
State of Iowa
United States
Becker
Hawaii
North Dakota
Nevada
Florida
Arizona
TransUnion
David
Dewitte
Gazcomm.com
Are caged chickens miserable Des Moines AP
Researchers study hen housing to move the debate beyond emotion. Clemson expert Peter Skewes leads a three year USDA funded study on how cage size impacts egg-laying hens while UC Davis and Michigan State coordinate broader welfare, environment, health, and cost analyses.
MENTIONED IN THIS ARTICLE
Des Moines
United States
California
Michigan
Peter Skewes
Clemson University
Skewes
U.S. Department of Agriculture
Bruce Friedrich
People For
Friedrich
K.Y. Hendrix
Rose Acres Farms
Seymour
Ind
University of California At Davis
Michigan State
Joy Mench
UC Davis
Gail Golab
The
Veterinary Association
Golab
Rose Acre Farms
Stuart
Debt fears drive shoppers to cut holiday spending
A AP-GfK poll finds 93 percent of Americans will spend less or about the same this season. Half report debt-related stress and 22 percent feel it greatly. Most plan to pay with cash, and many will buy fewer gifts, with families like Joy and Robert McGavin trimming hundreds and shopping at discount stores. Retailers face cash-driven restraint as households tighten budgets.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
Gfk
Joy McGavin
Pittston
Wal-Mart
Robert
McGavin
Diane Morrison
Flemington, N.J
Alan Hilfer
Mai
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