Mixed Stocks Rise After Inflation Jitters, Dow Up 24.07
Blue chip shares edged higher as the bond market cooled inflation fears. The Dow closed up 24.07 at 8096.29 after fluctuating from a early gain to a loss, with volume on the NYSE at 510.35 million shares. United Technologies and General Mills led modest gains while Weyerhaeuser and Western Atlas declined.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
United Technologies
General Mills
Eastman Kodak
Norwest
Weyerhaeuser
Western Atlas
Raytheon
McLeod
W.R. Grace
At&t Corp
American Stock Exchange
HarkenEngy
Andrea
Hearx
DOW Jones
Amex
Biotech
Computer Finance
Indust Standard & Poor's
Insurance
Transpt
Telecom
Utilities
Transport
Wilshire Associates
Ource
Associated Press
Toyota unveils world’s first gasoline electric hybrid Prius
Tokyo AP Toyota Motor Corp introduces the Prius the first hybrid car with gasoline electric power promising double mileage and reduced emissions. The four door sedan debuts in Japan with plans to sell in the United States after six months priced around 17700 dollars.
MENTIONED IN THIS ARTICLE
Tokyo
Toyota Motor Corp
Toyota
Japan
Hiroshi Okuda
United States
Detroit
Okada
Supreme Court leaves Sallie Mae fee intact
The court denied Sallie Mae's challenge to a 0.3 percent fee on new loans, supporting a 1993 congressional levy. Sallie Mae finances and purchases a third of annual student loans, funded by government guarantees and below-market rates. The decision also upheld arbitration limits on worker discrimination suits and set terms for mortgage dispute appeals.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Student Loan Marketing Association
Sallie Mae
Congress
Florida
Indiana
WorldCom escalates bid to buy MCI in $30 billion plan
WorldCom launches aggressive campaign to win MCI shareholders to reject British Telecom merger and accept a stock bid valued around $30 billion. It mails 250000 proxies citing eight Wall Street analysts and claims its offer is about $9 billion richer and tax free for shareholders.
MENTIONED IN THIS ARTICLE
New York
WorldCom Inc
MCI
British Telecom
WorldCom
Wall Street
United States
MCI Communications Corp
Iowa crops advance as corn safe from frost and soy harvest nears
Iowa weekly crop report notes 99 percent of corn mature and 22 percent harvested, with soybeans 88 percent cut. Progresses in northwest and central regions include rapid soybean collection while farmers in southwest Iowa seek frost to dry stems for easier combining.
MENTIONED IN THIS ARTICLE
Des Moines
Northwest
Iowa
Iowa Agricultural Statistics Office
Also Mentioned on This Page
C.R. Space
Dows
Cedar Rapids
Taylor Ball
Shire-Hattery Inc
Iowa Realty Commercial
Jon Dusek
Cushman & Wakefield
Treasury
Treasury Department
Federal Reserve
Tvices, Inc
Kyoto
Honda
Nissan Motor Co
Masato Fukino
Nissan
Audi
Volkswagen
Les Marquart
The
Lowa
Tober
Cedar
Rapids Blairs Ferry
Oye
Adinetabla Ratae Etartina
Persor
Entiat
Hearthside Lending Corp
Woodland Ave
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