Tech stocks slide as blue chips rise on major deal news
Tech shares fell for a second day while investors cheered a major financial services deal. The Nasdaq slipped 129.84 to 4013.34 and the Dow rose 50.03 to 11310.64 as Wells Fargo and Berkshire Hathaway announced significant moves affecting major industry players.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
Maytag
General Electric
Sealed
WorldCom
Genencor
Conexant
Midlands Choice to merge with Midwest Select expands PPO network
Midlands Choice and Midwest Select announce a January 1 merger forming the largest provider owned network in the Midwest. The merged Midlands Choice will include 10,000 physicians, 250 hospitals, and 600000 members across several states.
MENTIONED IN THIS ARTICLE
Midlands Choice
Midwest Select
Omaha
Midwest
Ppos
St. Luke’s Hospital
Cedar Rapids
Mercy
St. Luke’s
Midlands
Ralph Morocco Jr
Iowa City
Morocco
PPO
Iowa
Nebraska
South Dakota
Colorado
Linda Sufficool
Mercy Health Network
David DeWitte
Davidd
Fviews
Grassley says Congress doing nothing may help Iowa ethanol
Sen. Grassley argues the best action for Iowa farmers is possible inaction by Congress as California could be exempted from the Clean Air Act to aid Gore in the 54 electoral votes. He notes MTBE concerns and discusses proposals by Smith and by Lugar and Daschle on waivers and a national renewable fuel standard.
MENTIONED IN THIS ARTICLE
James Q. Lynch
Congress
Iowa
California
Chuck Grassley
Iowa Republican
Clinton
al Gore
Environmental Protection Agency
Bob Smith
R-N.h
EPA
Richard Lugar
R-Ind
Tom Daschle
D-S.d
Grassley
Gore
South Slope unveils new oversized phone book after 32 years
South Slope Telephone Cooperative released its latest directory last week to 12 000 customers with large print and spiral binding. The book groups listings by local exchanges and marks a shift from the big publishers. CEO J R Brumley said most feedback is positive though a few customers are confused by the extra volume.
MENTIONED IN THIS ARTICLE
South Slope
J.R. Brumley
South Slope Board
Brumley
Pioneer Publishing
Wisconsin
Productivity soars 5.7 percent in second quarter
U S productivity rose 5.7 percent in the April to June quarter, the fastest since 1999, lifting the year over year gain to 5.2 percent. Labor costs declined as firms benefit from technology and efficiency, with economists forecasting inflation remains tame.
MENTIONED IN THIS ARTICLE
Washington
Clifford Waldman
Merrill Lynch
Andrew Groat
U S Tops Global Competitiveness Surpasses Singapore
The United States is named the world's most competitive nation in a 333 page survey by Harvard professors Sachs Porter and Warner with the World Economic Forum in Geneva. Singapore falls from first to second as Luxembourg Netherlands Ireland and Finland follow in the top ten. Ecuador sits at 59th with Bulgaria Ukraine Zimbabwe and Russia below.
MENTIONED IN THIS ARTICLE
Coats Viyella
van Heusen
Dorma
Nottingham
Britain
Geneva
United States
Singapore
Harvard University
Jeffrey Sachs
Michael Porter
Andrew Warner
World Economic Forum of
Luxembourg
Netherlands
Ireland
Finland
Canada
Hong Kong
Switzerland
Ecuador
Bulgaria
Ukraine
Zimbabwe
Russia
Also Mentioned on This Page
Dow
Wells Fargo
First Union
Deal
Wells Fargo Home Mortgage Inc
Wells Fargo & Co
First Union Mortgage Corp
Wells Fargo Home Mortgage
Raleigh, N.C
Buffett Firm
Shaw
Berkshire Hathaway Inc
Warren Buffett
Shaw Industries
Berkshire Hathaway
Campbell's
Campbell Soup Co
Campbell
U.S
Djia
BizFacts
U.S. Treasury
The
Bond Markat Association
Iphic
Paul Trap
Dave DeWitte
Mercy Medical Center
James Lynch
Jamesi
New South Slope
International Monetary Fund
Bank For International Settlents
Line of Credit
Benton
Buchanan
Cedar
Delaware
Johnson, Jones, Iowa, & Linn Counties
Yeea
Coonrod
Dean Spicer
John Mathis
Mount Auburn
King’s Materials
Sixth Street
12Th Avenue
King's
Welter
Allsteel
Dubuque
Blairs Ferry
Monticello
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