Wall Street edges higher as tech leads rebound
Tech stocks help lift markets from March lows amid recession fears. Investors cite solid profits and strong balance sheets at Apple Google and Yahoo as safer bets despite slower growth. Separately IRS says 7 500 international tax dodgers sought amnesty with no jail time and reduced penalties. Two Madoff victims sue the SEC in Manhattan alleging botched oversight. SEC disputes merit of the claim.
MENTIONED IN THIS ARTICLE
Intel Corp
Ryan Jacob
Jacob
Apple Inc
Google Inc
Yahoo Inc
Internal Revenue Service
Antarctica
Bernard Madoff
U.S. Securities and Exchange Commission
Phyllis Molhatsky
Steven Schneider
Manhattan
SEC
Madoff
John Heine
Media Journal tops USA Today in daily circulation
The Wall Street Journal says it surpassed USA Today as the top selling daily newspaper in the United States with about 12,000 subscriber gains in the April to September period. The Journal reports an average weekday circulation of 2.02 million, while USA Today fell 17 percent to 1.88 million.
MENTIONED IN THIS ARTICLE
Wall Street Journal
USA Today
United States
Audit Bureau of Circulations
The
Journal
Dow tops 10 000 again as earnings lift market
The Dow Jones Industrial Average rose above 10,000 for the first time in a year amid upbeat Intel and JPMorgan earnings. The gain sent the Dow to 10,022.59, with the S&P 500 at 1,092.61 and the Nasdaq 2,172.91 as investors grew hopeful about an economic recovery.
MENTIONED IN THIS ARTICLE
Dow
New York
New York Stock Exchange
Carl Beck
Harris Financial Group
Intel Corp
Jpmorgan Chase & Co
Jpmorgan Chase
Intel
Lehman Brothers
U.S
Standard & Poor
Alan Valdez
Gluten-free food firms pitch for investment at Des Moines forum
Three Eastern Iowa companies joined 21 food and beverage firms pitching to angel investors at the American Food Venture Forum in Des Moines. Breads from Anna founder Anna Sobaski sought 500000 for expansion and debt restructuring, aiming for 2 million in annual sales within three to five years. Nu-World Amaranth Inc. asked for 1 million to grow contract manufacturing with two Dyersville sites supplying gluten-free ingredients to firms like ConAgra.
MENTIONED IN THIS ARTICLE
Ada ES
Sobaski
Anna
Nu- World Amaranth Inc
Nu-World Amaranth
Dyersville
Anna Sobaski
Iowa City
American Food Venture Forum
Des Moines
Eastern Iowa vodka firm seeks $5 million capital boost
Trina Kratko of the Quadro Group Iowa City pitches potential investors in ultra premium imported vodka with a fivefold sales return forecast within five years. She seeks 5 million dollars in cash infusions over three years, with flexible growth aligned to funding. Quadro vodka is Russia manufactured and US imported, selling for about 31 dollars per bottle in Des Moines New York and Los Angeles.
MENTIONED IN THIS ARTICLE
Trina Kratko
Quadro Group LLC
Iowa City
Kratko
Russia
United
Quadro Group
Des Moines
New York
Los Angeles
Statewide Iowa home sales rise in September 2009
Cedar Rapids area sales slipped to 365 in September from 377 a year earlier, while Iowa City area sales rose 3.2 percent to 159 and statewide sales climbed to 2,922. The average state price was 187,348 with a 2.1 percent year over year drop. The Realtors cite school relocations and a federal first time homebuyer tax credit expiring Nov 30 as factors. Carey Jensen notes September strength amid two-year high. 99 days average to sell. author contact: Dave DeWitt.
MENTIONED IN THIS ARTICLE
Dave DeWitt
The
Gazette
Cedar Rapids
Iowa City
Cedar Rapids Area
Kevin Platz
Iowa Association of Realtors
Realtors Group
Carey Jensen
Jensen
Also Mentioned on This Page
Wall Street
Angel Food
George C. Ford
ConAgra
Susan Walters-Flood
Susan Walters
Flood Nu-World
Iowa
George. Ford
Gazcomm.com
NuWorld Amaranth
ConAgra Foods
C.R
David. Dewitte
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