Wall Street gains as Alcoa sparks market rally
Investors lift stocks after Alcoa posts first profit in nine months amid cost cuts and higher auto demand. Dow up 61.29 to 9,786.87, S&P 500 at 1,065.48, Nasdaq 2,123.98 as bond auction underwhelms. In Iowa contest, Think Safe Inc tied for third, sharing 10,000 prize. BadyViz wins 25,000, Innovative Energy Solutions 15,000, with several honorable mentions.
MENTIONED IN THIS ARTICLE
Wall Street
Alcoa Inc
Aluminum
Dow
Standard & Poor
Think Safe Inc
Hiawatha
Energy Control Technologies
West Des Moines
John Pappajohn
Iowa
Think Safe
Energy Control
Bagolitas
Ron Meyer
North Liberty
BadyViz of
Ames
Innovative Energy Solutions of
LaCella of
Springboard Engineering
Newton
StarrMatica Learning Systems LLC
Clinton
Mortgage relief aids 500000 homeowners officials say
The Obama administration announced that its $50 billion mortgage relief program has helped about 500,000 homeowners since its March start. Officials insist the effort remains on track to cut foreclosures and is expected to aid three to four million borrowers within three years.
MENTIONED IN THIS ARTICLE
Obama
Mortgage rates stay under 5 percent for second week
Freddie Mac reported that the average 30-year fixed mortgage declined to 4.87 percent from 4.94 percent, keeping rates below 5 percent for the second consecutive week. The 15-year fixed rate dropped to 4.33 percent, fueling refinancings.
MENTIONED IN THIS ARTICLE
Freddie Mac
Retailers see sales turn modestly higher in September
The AP reports September sales at stores open at least a year rose 0.1 percent from a year earlier, the first gain since July 2008 and signaling a tentative retail recovery. JCPenney Macy’s and Target posted smaller declines. Limited Brands and The Buckle posted gains, while concerns over jobs and credit persist. The Labor Day shift and school openings aided back to school spending amid ongoing economic weakness.
MENTIONED IN THIS ARTICLE
New York
Michael P. Niemira
International Council of Shopping Centers
Goldman Sachs
Wal-Mart Stores Inc
Niemira
J.C. Penney Co
Macy’s Inc
Target Corp
Limited Brands Inc
Victoria's Secret
Bath & Body Works
the Buckle Inc
Handshakes still crucial in job interviews says Iowa prof
University of Iowa professor Greg Stewart argues handshakes remain vital in interviews despite flu concerns. He notes first impressions hinge on the handshake and mock interviews show higher hirable ratings tied to stronger handshakes. Stewart urges caution with germs but defends handshakes as essential in employment settings. He recommends washing hands or using sanitizer before and after interviews.
MENTIONED IN THIS ARTICLE
Cindy Hadish
Gazette
Owa City
University of Iowa
Greg Stewart
Tippie College of Business
Stewart
Cindy
Hadish
Gazcomm.com
Rockwell Collins to Tow or Boot Illegally Parked Cars
Rockwell Collins in Cedar Rapids will tow or boot improperly parked vehicles starting Nov. 4 for more than 7,000 employees after a memo from Security Director Mike Sullivan. About 600 violations were cited at the Avenue complex in September, with mixed reaction from staff.
MENTIONED IN THIS ARTICLE
Dave DeWitt
the Gazette
Cedar Rapids
Rockwell Collins
Mike Sullivan
C Avenue
Also Mentioned on This Page
Alcoa
Christina Dontcheva
Lara
Sears
Chicago
Loop
Greg Stewar
Pam Tordy
Tordy
David. Dewitte
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