Wall Street Mixed After J&J Sales Dip Cools Markets
Investors grew cautious after Johnson & Johnson quarterly sales fell short and an analyst warned bank shares look overheated. The Dow slipped 14.74 to 9871.06 as the S&P 500 fell 3.00 to 1073.19 and the Nasdaq edged up 0.75 to 2139.89 after six days of gains.
MENTIONED IN THIS ARTICLE
Johnson & Johnson
Dow
Standard & Poor
China expands lead as top auto market surpasses US
China widened its lead as the world’s top auto market with September sales up 78 percent to 1.33 million vehicles, driven by tax cuts and stimulus. Passenger cars rose 84 percent while China’s market has now surpassed 1.1 million vehicles for seven consecutive months, outpacing the US amid its slump.
MENTIONED IN THIS ARTICLE
China
United States
China Association of Automobile Manufacturers
U.S
Tres Amigas energy link aims to unite three grids in New Mexico
A major project in Clovis New Mexico seeks to connect the East West and Texas power grids. The Tres Amigas plan would route energy from wind and solar sites to high-demand urban centers, easing cross grid transfers and expanding United States energy potential.
MENTIONED IN THIS ARTICLE
New Mexico
United States
Clovis
N.M
West
Texas
Treasury Bills Rates Slip to New Lows
Treasury bill yields fell to record lows as six month bills offered at 0.150 percent and three month bills at 0.070 percent. The Treasury sold $30 billion in six month and $30 billion in three month bills at these discounted rates, with declines from the previous week.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Vilsack urges local farmers link to consumers nationwide
Des Moines Bureau Vilsack urged connecting locally grown food with consumers at a Community Food Security Coalition Conference. He highlighted the Know Your Farmer Know Your Food program, noted a $5 billion local food market, and backed funding to support block grants, organic participation, farmers markets, and school nutrition initiatives.
MENTIONED IN THIS ARTICLE
Charlotte Eby
Des Moines
U.S. Agriculture
Tom Vilsack
Community Food Security Coalition
Vilsack
Obama
Department of Agriculture
Barack Obama
Bagolitas opens Cedar Rapids seasonal store this week
Bagolitas will launch a Cedar Rapids seasonal store at 625 First Ave SH opening Thursday with hours 11 am to 3 pm Thursdays 11 am to 5 pm Fridays 9 am to 4 pm Saturdays and noon to 4 pm Sundays through the holidays. The store will offer new products fabrics and post season items up to 70 percent off and upholstery fabrics for 6.99 a pound while earmarking 10 percent of sales to a local nonprofit. Baldes noted a prior Iowa City drive raised over 2000 for charities including Regina Iowa City and Leukemia Lymphoma Society.
MENTIONED IN THIS ARTICLE
George CG. Ford
Gazette
North Liberty
Iowa City
First Ave
Cedar Rapids
Janice Baldes
Bagolitas
Bagolitas pop up shop schedule in Cedar Rapids area
Bagolitas in C R announces hours at 625 First Ave SE from Thursday through the holiday season with weekly hours 11 a.m. to 3 p.m. Thursdays 14 a.m. to 5 p.m. Fridays 9 a.m. to 4 p.m. Saturdays and noon to 4 p.m. Sundays A North Liberty warehouse at 315 W Cherry St operates 10 a.m. to 6 p.m. Contact writer George Ford at 319 398 8366 or gazcomm com for more info or shopping details.
MENTIONED IN THIS ARTICLE
First Ave
Cedar Rapids
North Liberty Warehouse and Office
W. Cherry St
George.ford
Gazcomm.com
George. Ford
GreatAmerica Leasing tops $1 billion in assets
Cedar Rapids based GreatAmerica Leasing Corp reports assets exceeding $1 billion after 17 years of organic growth. Chairman Tony Golobic notes the milestone reflects long term strategy, with the firm expanding from Cedar Rapids to 50 states and beyond, employing over 300.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Cedar Rapids
GreatAmerica Leasing Corp
United States
Great America
Tony Golobic
GreatAmerica
Gobobic
Ees
Great America Leasing
Golobic
Michigan
U.S
Colorado
Florida
Georgia
Missouri
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Aol
the Gazette
Jodie Hanzelka
C.R
Baldes
S. Clinton St
Regina
Iowa Children’s Museum
St. Andrew
Iowa City Music Auxiliary
Hills Bank & Trust
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Elsa Narvaez
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Bagolitasbyjanice. Com
GreatAmerica Leasing