Stocks drift after strong earnings boost and profit taking
Wall Street edged lower from 16 month highs as investors booked profits after solid earnings. The Dow fell 9.93 to 9803.05 while Nasdaq slid 4.09 to 1939.10 amid mixed volume. New Pioneer Cooperative in Iowa announced GM resignation and leadership changes as Matt Hartz steps in to guide operations. New Pioneer posted 2003 profit of 702000 after a prior loss. MCI reported weaker August results with net income at 132 million and revenue at 2.01 billion as reorganizational costs rise and fewer billed days affected the figures.
MENTIONED IN THIS ARTICLE
Wall Street
Lynn Reaser
Banc of America Capital Management
New York Stock Exchange
New Pioneer Cooperative
Iowa
Jason Thrasher
Thrasher
New Pioneer
Iowa City
van Buren Street
Matt Hartz
Coralville
MCI
U.S
Pork in the Park scheduled for Greene Square Cedar Rapids
The annual Pork in the Park lunch runs Friday from 11 am to 1 pm in Greene Square Park Cedar Rapids with a grilled pork burger chips and pop for 2.50. Linn County Pork Producers will grill hundreds of pounds of pork to mark National Park Month with sponsors Iowa Farmer Today WMT Radio 600 Ruzicka's Meat Processing Solon and Coca-Cola.
MENTIONED IN THIS ARTICLE
Greene Square Park
Cedar Rapids
Linn County Pork Producers
Iowa Farmer Today
WMT Radio 600
Ruzicka
Solon
Coca-Cola
Gazette
Fed sees economy picking up pace in fall
The Federal Reserve reports accelerating economic activity in early fall with stronger consumer spending and signs of life in manufacturing. Ten of twelve districts show expansion, housing remains robust, tax cuts lift demand, but auto sales slow and unemployment sits near 6.1 percent.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Boston
Cleveland
Alan Greenspan
ACT's Davidsen honored at dedication of new building
ACT Inc. dedicated the Davidsen Building as part of a $40 million 185000 square foot complex at the 250 acre Iowa City campus. The facility honors Oluf Davidsen, President Emeritus who led ACT from 1962 to 1988.
MENTIONED IN THIS ARTICLE
ACT
Davidsen
Marlene Lucas
Gazette
Iowa City
ACT Inc
Oluf Davidsen
Davidson
Richard Ferguson
Ferguson
Gabe
Lindquist
Tyler
Ralph Tyler
Ted McCarrel
Board
Security upgrades for Greyhound buses nationwide
The Transportation Security Administration funds updates including a Plexiglas driver shield and 911 connection buttons as Greyhound equips about 1700 buses and adds onboard communications and GPS tech. The program, announced with $20 million in grants, aims to curb interference and improve over‑the‑road security across intercity service.
MENTIONED IN THIS ARTICLE
Washington
Greyhound Lines Inc
Transportation Security Administration
Greyhound
TSA
James Loy
Lynn Brown
Brown
Family 4-H steer enhancer a mistake at Iowa State Fair
Dan Hartgers admits he mixed ractopamine into feed for his son Tyler's show pigs, not steer, after urine tests found traces at the Iowa State Fair. The State Fair Board banned Tyler and another exhibitor, Jenna Bristle, from showing livestock for two years and revoked ribbons and prize money. Bristle's lamb urine is under independent testing. Board member Robert Schlutz says stricter rules follow ongoing misconduct concerns.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Danny Hartgers
State Fair Board
Montezuma
Jenna Bristle
Ogden
Bristle
Tyler
Fair Board
Robert Schlutz
Columbus Junction
Hartgers
Berthel Fisher unit launches new division
Berthel Fisher & Company Financial Services Inc. of Marion unveils an Eastern Iowa financial institutions division to build fee income brokerage operations in banks and other institutions. Vincent Bailey Sr. will advise as banking consultant. The unit serves over 50 institutions with full service brokerage fixed annuities and advisory services.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette Marion
Iowa
Berthel Fisher & Company Financial Services Inc
Marion
Financial Institutions
Vincent Bailey Sr
Flexible Financial Marketing Inc
Tom Berthel
Berthel Fisher
Berthel
Bailey
Berthel Fisher & Company Financial Services
Berthel Fisher & Co
Also Mentioned on This Page
DOW
New Pioneer Co-op
Greene Square
Schyme
AP Stockquote
AMEX
Federal Reserve Survey
Atlanta
Chicago
San Francisco
Dallas
David Wallace
the Gazette
Mark Mullin
E.F. Lindquist
Narlene,locas
Gazettecommunications.com
Oluf
U.S. Department of Agriculture
U.S. Food and Drug Administration
Vicky
Berthel Fisher Unit
George. Ford
Penford Corp
Columbus McKinnon
Pepsico
Comel Feds
Procter Gamble
Deere Co
Qwest Commun
Dillards Inc
RF Micro Devices
Fastenal Co
Ralcorp Holding
Verizon Comm
Marsh & McLennan
WalMart Sirs
Ni2h
Maytag
Wells Fargo & Co
Weyerhauser
al Renee
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