Markets Close Higher Amid Labor Day Holiday Observance
Stocks edged up on Friday despite light holiday trading with the Dow rising 23.68 to 11 238.78 and Nasdaq up 27.92 to 4 234.27 while S&P 500 gained 3.09 to 1 520.77. Unemployment and productivity data sparked mixed signals but inflation expectations remained tame as optimism grows in finance and tech. Separately, Ken Reimer and family donated 50 000 to NICC and the NICC Dairy Foundation for a 4.2 million dairy facility near Calmar Campus. milking parlor will be named after the Reimers, with an open house Oct 14 from 10 a.m. to 4 30 p.m.
MENTIONED IN THIS ARTICLE
United States
Standard & Poor
Ken Reimer
Elkader
Alice
Northeast Iowa Community College
Northeast Iowa
Dairy Foundation
NICC
Calmar
Reimer
Pioneer Hi Bred CEO to retire after year as president
Pioneer Hi Bred International chief Jerry Chicoine will retire effective December 31. He will become chairman before stepping down as Richard McConnell, 50, takes over as president and chief operating officer. McConnell, formerly VP of R&D for DuPont Biosolutions, will be named CEO by year end.
MENTIONED IN THIS ARTICLE
Pioneer Hi-Bred International
Jerry Chicoine
Chicoine
Pioneer
DuPont & Co
DuPont
Richard McConnell
McConnell
Wilmington
Biosolutions
McGladrey & Pullen
Nebraska
Online radio listening tripled in two years
A study by Arbitron and Edison Media Research finds that 20 percent of Americans listened to radio online in summer 2000, up from 6 percent in 1998, with 25 percent having heard Internet audio and 15 percent viewing online video. The full results premiere at the NAB Conference in San Francisco on September 21.
MENTIONED IN THIS ARTICLE
Arbitron and Edison Media Research
U.S
Arbitron and
Edison Media Research
National Association of Broadcasters
San Francisco
Farmland Industries Projects FY 2000 Losses Amid Weak Agriculture
Farmland Industries, the nation's largest farm cooperative, says it expects a fiscal 2000 loss and plans to sell non-core assets as U.S. agriculture remains challenging. The SEC filing notes Q4 losses in fertilizer and world grain units, weaker petroleum margins, and higher interest costs.
MENTIONED IN THIS ARTICLE
Fédrinland Industries
U.S
Securities and Exchange Commission
Russia to cut meat and dairy imports on strong harvest
The Agriculture Ministry said Russia will reduce meat poultry and dairy imports by 15 to 50 percent reflecting a good harvest and ruble weakness. ITAR TASS quoted officials noting lower demand as imports shrink and the country remains a major importer from the US and the EU.
MENTIONED IN THIS ARTICLE
Russia
Agriculture Ministry
Itar-Tass
United States
European Union
Average 1999 HR spend per employee headline
BioFacts reports human resources departments spent on average 787 dollars per employee in 1999. Spending by industry shows health care and wholesale trade higher, education and government lower. Source BNA Inc. Research by Carr.
MENTIONED IN THIS ARTICLE
Bource
BNA Inc
Pat Carr
Vacationers stay connected with office on vacations
A survey by Andersen Consulting finds 83 percent of vacationing high income Americans kept in touch with work while away for a week or longer. Sixty percent used mobile devices and nearly 20 percent worked more than in prior summers, with Lee Chu describing the trend as both convenient and disruptive.
MENTIONED IN THIS ARTICLE
Andersen Consulting
Glover T. Ferguson, Jr
Arthur Andersen
Sherwin-Williams Seeks Steady Coat Amid Stock Slump
In Cleveland Sherwin-Williams, a 134 year old coatings maker with 26 000 employees and 2400 stores, faces a stock slide from 37 a share in 1998 to about 23 as of now. CEO Christopher Connor aims to steady earnings growth by expanding company owned stores and maintaining independent branding despite tech sector lure.
MENTIONED IN THIS ARTICLE
M.R. Kropke
Cleveland
Sherwin- Williams Co
Henry Sherwin
Edward Williams
Christopher M. Connor
Sherwin-Williams
Connor
John G
Charles Cerankosky
McDonald Investments
Sherpoepana
Robert Curran
Merrill Lynch
New York
Curran
Sherwin-Williams Co
Ohio
Henry A. Sherwin
Edward P. Williams
Benton Community FFA in nation’s top 100
Benton Community FFA earns national top 100 status at the Iowa FFA convention in Louisville, honored for community and student development. Chapter activities include a hamburger eating contest raising over $3,000 and a Hall of Fame scholarship fund, with eight other Iowa chapters also in the top 100.
MENTIONED IN THIS ARTICLE
Benton Community Ffa
Steve Meyer
van Horne
David Hill
FFA
Benton Community
Benton County
Louisville
United States
Hill
Benton
Iowa Ffa
Iowa
Benton Community Ffa Hall of Fame
Farm Bureau
FHA
Benton County Fair Board
Student Council
Saint Ansgar
Monticello
Harlan
Creston
Tri-Star
Garnaville
Osceola
Wapsie Valley
Fairbank
Mid-Prairie
Wellman
SmithKline Beecham Sells Drugs to Novartis and Roche
SmithKline Beecham will sell Famvir and Denavir to Novartis for 1.63 billion dollars to satisfy regulators over its merger with Glaxo Wellcome. It will also sell Kytril to Roche for 1.23 billion and grant exclusive U.S. and Canada rights for Corey to Roche for 400 million. SmithKline is based in Philadelphia. Novartis is Swiss.
MENTIONED IN THIS ARTICLE
Philadelphia
Britain
SmithKline Beecham
Novartis AG
Glaxo Wellcome PLC
SmithKline
Roche AG
Switzerland
Glaxo
Glaxo Wellcome
U.S
Novartis
Roche
United States
Canada
Corey
Sony unveils CLIE handheld with Palm OS features
Sony announces a CLIE handheld using Palm Inc.'s operating system aimed at expanding Palm users beyond professionals. Priced around 400 dollars, it offers modest multimedia with 8 MB internal memory plus 8 MB Memory Stick, weighs four ounces, and lacks sound playback on a monochrome screen. A color version is planned for mid next year.
MENTIONED IN THIS ARTICLE
Dia and Entertainment Features
Palm
Mark Bercow
Sony
David Yang
Compaq
Casio
Hewlett-Packard
Palm OS expands in handheld market share rise
The Palm operating system is licensed by Inc for Visor handhelds and is used by Palm and Handspring in a line of handheld computers. Together they have sold 7 million devices, claiming about 66 percent of the worldwide handheld computer market.
MENTIONED IN THIS ARTICLE
Palm
Inc
Palms
Handspring
Also Mentioned on This Page
Djia
Pioneer Hi-Bred
BioFacts
San Jose, Calif
Lee Chu
Sun Valley
Idaho
Chu
Breen
Shwie
Sony Corp
Palm Inc
Microsoft
Multime
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