Dubai woes drag Wall Street shares down
Stocks fell across the board in Friday trading as Dubai related concerns spurred fears of a global economic slowdown. The Dow dropped 154.48 points to 10,309.92, the S P 500 slid 19.14 to 1,091.49, and the Nasdaq declined 37.61 to 2,188.44 with five decliners for every advance.
MENTIONED IN THIS ARTICLE
Dubai
New York Stock Exchange
Standard & Poor
AEGON sells notes to raise 500 million dollars
AEGON NV the Dutch insurer and parent of AEGON USA in Cedar Rapids completed the sale of 500 million dollars of senior unsecured notes on Friday. The notes issued at 99.74 dollars carry a 4.625 percent coupon and mature December 1, 2015. Proceeds will fund general corporate purposes including repaying short term debt.
MENTIONED IN THIS ARTICLE
Aegon NV
Aegon USA
Cedar Rapids
Toyota cuts managers bonuses by twenty percent
Toyota Motor Corp plans a 20 percent cut in winter bonuses for 8,700 managers in Japan as it faces a large U S recall and losses for the year. The company will replace or repair gas pedals in 4 million vehicles and is the parent of Toyota Financial Services in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Toyota
United States
Japan
Toyota Motor Corp
Toyota Financial Services
Cedar Rapids
Energy prices slip as Dubai debt woes spark global caution
Benchmark crude for January delivery fell 1.91 to settle at 76.05 on Nymex as investors weigh Dubai's debt problems extending to Europe Asia and the United States.
MENTIONED IN THIS ARTICLE
Dubai
Europe
Asia
United States
Nymex
Home financing rates dip to 4.78 percent record
The average 30-year fixed mortgage fell to 4.78 percent in the week ending Wednesday, tying an April record, Freddie Mac said. The 15-year fixed averaged 4.32 percent with 0.6 percent in fees and points.
MENTIONED IN THIS ARTICLE
Freddie Mac
Shoppers flood stores as Black Friday signals season
Nationwide crowds flood malls and stores on Black Friday with extended hours and deep discounts. Retailers report brisk early activity despite unemployment fears while economists warn real gains await sustained consumer spending. Coral Ridge Mall and Lindale Mall managers note heavy traffic and more vehicles.
MENTIONED IN THIS ARTICLE
Nadeau
Lisa Rowe
Lindale Mall
Lindale
Sears
Younkers
Rowe
Westdale Mall
Kerry Sanders
Sanders
Nick Jones
Iowa City
Best Buy
Coral Ridge Mall
George Ford
the Gazette
Brandy Bell
Vinton
Trudy Purdy
Urbana
Coralville
Tanger Factory
Williamsburg
Debit cards gain ground as holiday shoppers opt for control
Visa officials say debit cards surpassed credit cards last December, signaling a shift in consumer behavior. Bank-linked cards offer safety and spending control, while overdraft rules set for July 1 aim to curb high fees.
MENTIONED IN THIS ARTICLE
Dallas Morning News
Dallas
Visa
Global Payments Technology Company
Bob Whyte
North America
Whyte
Dennis Simmons
Swacha
Federal Reserve
Center For Responsible Lending
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Wall Street
AEGON
Auto Industry
Hills Bank
Niet Pein Elite
Crystal LaGludice
Kirsten McMorris
Ron Jaeger
APA
Seattle