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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 28, 2009

Page

8

Wall Street Tumbles as Confidence Mixed on Prices

Stocks mostly fell as mixed reports on home prices and consumer confidence offered little incentive for traders. The Dow edged up 14.21 points to 9,882.17 while the S&P 500 slid 3.54 points to 1,063.41 and Nasdaq dropped 25.76 points to 2,116.09.

Standard & Poor

Confidence Dips as October Index Signals Slower Economy

The Conference Board shows the Consumer Confidence Index at 47.7 in October, a near two-decade low and well below forecasts of 53.1, with bleak job prospects weighing on sentiment. Verizon reports Q3 earnings of $1.18 billion and 41 cents per share, hurt by fewer new subscribers amid higher costs and an acquisition.

U.S Conference Board Verizon Communications Inc Verizon New York Thomson Reuters

Home prices rise in major cities in August

The S&P Case Shiller 20 city index rose 1 percent from July to 144.5, marking the third straight monthly gain. Prices remain 11.4 percent lower than a year earlier, with a broad upturn across 15 metro areas led by San Francisco Minneapolis and San Diego.

Standard & Poor San Francisco Minneapolis San Diego

Swine studies link pig farms to pandemic flu risks

A Washington Post report details high biosecurity pig housing and concerns among virologists that H1N1 may originate in pigs. Experts urge better monitoring of pig populations and human-pig flu transmission to prevent future pandemics as testing programs expand nationwide.

Washington Post Tipton Washington Post Ipton Devon Schott Schott United States Robert Webster Iowa Minnesota Gregory Gray University of Iowa Michael Osterholm Center For Infectious Disease Research and Policy University of Minnesota U.S Juergen Richt Kansas State University Gray Richt Agriculture Department

Iowa utilities win $5 million for smart grid project

The federal government awarded $5 million to Iowa municipal utilities for a smart grid rollout under the Smart Grid Investment Grant program. The plan includes 32,000 smart thermostats across 75 utilities serving 96,000 customers to reduce peak demand and cut the need for 57 megawatts of generation. A web portal will show remote thermostat changes, with work to continue over two years in Amana Kalona Tipton Traer and Vinton.

Dave DeWitte I Iowa Iowa Association of Municipal Utilities American Recovery and Reinvestment Act Iowa Bob Haug Haug Amana Kalona Tipton Traer Vinton David Dewitte Gazcomm

Also Mentioned on This Page

Wall Street America Smart Grid
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