Boeing replaces Woodard with Mulally amid division troubles
Ronald Woodard is replaced as president of the Boeing Commercial Airplane Group after ongoing production and financial problems. Alan Mulally will take his place, heading Boeing's defense and space group, as chairman Phil Condit cites unsatisfactory performance. Seiferts moves its Seiferts Plus store to a remodeled downtown Cedar Rapids location at 227 Second St. SE. Seiferts operates 24 Seiferts and 16 Seiferts Plus stores across seven states. APAC TeleServices Inc directors approve a buyback of up to 2.5 million shares, about 5 percent, asserting the stock is undervalued and signaling confidence in future prospects.
MENTIONED IN THIS ARTICLE
Ronald Woodard
Boeing Commercial Airplane Group
Phil Condit
Woodard
Alan Mulally
Boeing
Defense and Space Group
Seiferts
Seiferts Plus
Westdale Mall
Second St. SE
Cedar Rapids
Apac TeleServices Inc
Theodore Schwartz
Guy Gannett Communications
Maine
Seattle Times Co
Guy Gannett
Portland Press Herald
Maine Sunday Telegram
Portland
KGAN
Knight Ridder
Land O.Lakes and Countrymark Co op approve merger
Minnesota based Land O Lakes and Indiana based Countrymark Co op approve unification effective Oct 1. The deal adds about 1 billion dollars in annual revenues to Land O Lakes agriculture business volume.
MENTIONED IN THIS ARTICLE
Land O'Lakes
Countrymark Co-op
Dow posts second-largest point gain on rebound day
Stocks rally after a 512-point rout as the Dow jumps 288.36 to 7,827.43, closing up 3.8 percent amid mixed signals from economic reports. Nasdaq recovers, trading volumes peak, Clinton and Rubin urge market calm while analysts warn of further volatility. Eastern Iowa stocks show gains in major names like AEGON, Deere, Kodak, GE, Gillette, P&G, Rockwell, United Tech, Wal Mart, and MCI.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dow
Dow Jones
Asia
Europe
Japan
European
Richard Jeffrey
London
Charterhouse Tilney
Iowa
AEGON
Deere & Co
Eastman Kodak
Firstar
General Electric
Gillette
Procter & Gamble
Rockwell
United Tech
Wal-Mart
MCI
Northwest warns of more layoffs as pilots strike drags on
Northwest Airlines laid off 177 workers amid a four day pilot strike. The company warned more layoffs could follow as talks with regulators and unions continued. Dispatchers and meteorologists were cut, with costs projected at 26 million dollars a day for the carrier and 8 million monthly in pilot strike benefits.
MENTIONED IN THIS ARTICLE
Minneapolis
Northwest Airlines
Marta Laughlin
Northwest
Laughlin
Washington
Craig Merrilees
Teamsters
Local 2000
Iowa
Cedar Rapids
Marion earns CEPP tourism certification in Iowa
Marion has become the 75th Iowa community to receive CEPP certification from the Iowa Department of Economic Development for its tourism efforts. Gov. Branstad presented the document at Granger House as Marion Chamber of Commerce president Gary Keeppel credited residents for significant investment. This marks Marion’s second CEPP certification after an industrial program.
MENTIONED IN THIS ARTICLE
Marion
Gazette
Iowa
Iowa Department of Economic Development
Granger House
Terry Branstad
Gary Keeppel
Marion Chamber of Commerce
Keeppel
Midwestern Purchasing Managers Report Record Low Confidence
Creighton University economist Ernie Goss reports the nine state Mid American region logging an August confidence index of 42.1, down from 52 in July, the lowest level since the survey began four years ago. The regional price index fell to 48.7 as deflationary trends emerge amid slow growth and weaker export orders.
MENTIONED IN THIS ARTICLE
Omaha
Mid- American Economic Region
Creighton University
Ernie Goss
Goss
Federal Reserve
Fed
Iowa
Murdock Seeks 49 Percent of Mexican Internet Firm
Murdock Communications Corp of Cedar Rapids has optioned to buy 49 percent of AcNet S.A. de C.V., the leading Mexican Internet bandwidth provider. The firms may pursue cooperative or joint ownership opportunities, with a decision by October end. AcNet serves business and government clients with telecom and data services nationwide.
MENTIONED IN THIS ARTICLE
Murdock Communications Corp
Cedar Rapids
AcNet S.A. de C.V
Mexico
AcNet
Murdock
Guy Murdock
29Th Ave
Farmers accept country living good with bad survey shows
An Iowa poll of 2312 farmers finds 85 percent accept livestock impacts as part of rural life, citing natural smells as preferable to city fumes. While 64 percent call odors and noise a growing problem, 71 percent say producers generally control these issues.
MENTIONED IN THIS ARTICLE
Iowa Farm and Rural Life
Allamakee County
Paul Lasley
Iowa State University Extension
PETA objects to Wheaties bass champion on box
The animal rights group urged General Mills to drop Denny Brauer of Camdenton from the Wheaties box, arguing fishing harms fish and other animals. Brauer, a record prize winner, is slated to appear on boxes starting in October amid criticism from PETA leader Ingrid Newkirk.
MENTIONED IN THIS ARTICLE
Springfield
People For the Ethical
General Mills
Ozarks
Denny Brauer
Camdenton
Michael Jordan
Tiger Woods
Breakfast of Champions
PETA
Ingrid Newkirk
Charles Gaillard
Gaillard
Also Mentioned on This Page
APAC
Land O’lakes
Chicago Board of Trade
Chicago Mercantile Exchange
STO Bros Sage
Ices. Inc
Clinton
Treasury
Robert Rubin
Conference Board
National Association of Purchasing Management
U.S. Transportation
Rodney Slater
John Dasburg
Midwest Region
C.r.’S
Newkirk
Wheaties
Life Investors Streicher Agenc Op
Life Investors Insurance Company OF America
InterSecurities, Inc
River Ridge Drive
Harrison Ford
HEL
Teddy's
1St Ave
Taba
Pbs
Teddy
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