Wall Street Gains as Oil Slumps After Stock Rally
Wall Street rose as crude prices fell following a 60 million barrel release from strategic reserves after Hurricane Katrina. The Dow jumped 141.87 to 10,589.24, and the Nasdaq gained 25.79 to 2,166.86 as investors favored large caps like Wal-Mart Coca Cola and Home Depot.
MENTIONED IN THIS ARTICLE
Wall Street
Wal-Mart Stores Inc
Coca- Cola Co
Home Depot Inc
Katrin
New York Mercantile Exchange
Top researcher joins UI foundation in economic drive
Pamela Kay York, a former University of Illinois researcher with over 12 patents, becomes executive director of the University of Iowa Research Foundation effective Sept. 14. She will lead intellectual property licensing and UI ventures to advance new business from university tech.
MENTIONED IN THIS ARTICLE
Dave DeWitte
the Gazette
University of Illinois
University of Iowa
Pamela Kay York
University of Iowa Research Foundation
Bruce Wheaton
York
Burlington
Orchid BioSciences
Princeton Lightwave
Casey's reports higher earnings and gas margin
Casey's General Store posted first quarter fiscal 2005 net earnings of 41 cents per share, up 28.1 percent from 32 cents in 2004. Sales rose 19 percent to 860.8 million, with gasoline sales up 11.1 percent to 287.3 million gallons and a gas margin of 11.7 cents per gallon. The prepared foods margin reached 64 percent, surpassing goals set by Chairman Ronald Lamb.
MENTIONED IN THIS ARTICLE
Casey’s
Casey
Ronald Lamb
Northwest Airlines Debt Downgraded to Junk Status by S
Standard & Poor's lowers Northwest Airlines Corp debt further into junk territory. The carrier warns of a 350 to 400 million dollar loss in Q3 and cash at 1.7 billion, down from 2.14 billion two months earlier as liquidity tightens. Treasury yields fall in Tuesday auctions with three month bills at 3.435 percent and six month bills at 3.570 percent.
MENTIONED IN THIS ARTICLE
Standard & Poor
Northwest Airlines Corp
Northwest
S&p
CCC
Treasury
Treasury Department
Hot Tamale brings Colombian flair to Cedar Rapids fashion
Maria Gilbert expands her Eastern Iowa business with The Hot Tamale a boutique offering dresses lingerie and Latin inspired attire. The store relocated to 1221 First Ave SE in August open Tue Fri 10 am to 5 pm Sat 10 am to 2 pm and features backless dresses stockings and costumes with a sign clarifying its name. The shop reflects Colombia culture through vibrant displays and Latin music CDs while Gary Gilbert supports the venture as investor.
MENTIONED IN THIS ARTICLE
David Wallace
the Gazette
Maria Gilbert
First Ave
Cedar Rapids
Mount Vernon Road
Gilbert
Colombia
Gazette
Iowa
Illusions Photo
First Ave. SE
United States
Gary
Maria
Victoria’s Secret
MidAmerican Energy Increases Residential Rebates for Efficiency
MidAmerican Energy boosts rebates for ground source heat pumps to 4000, furnaces to 350, water heaters to 50, and insulation to 600 at 70 percent. Higher natural gas prices, spurred by Hurricane Katrina effects and futures above 12 per MMBtu, drive the changes.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
MidAmerican Energy
MidAmerican
Alan Urlis
Gulf Coast
United States
Urlis
Dick’s Sporting Goods to anchor Market Place on 1st Cedar Rapids
Dick's Sporting Goods will join Goldman’s as anchor tenants at Market Place on 1st Shopping Center in Cedar Rapids. The 50,000 square foot store will open August 2006 in the 4600 block of First Avenue SE, part of a $17 million development replacing the former Menards site. Goldman’s is planned for 60,500 square feet and April 2006 opening.
MENTIONED IN THIS ARTICLE
The
Gazette
Cedar Rapids
Dick’s Sporting Goods
Goldman’s
Market Place
First Avenue SE
Scott Byers
Stack
Iowa
Elmore Ave
Davenport
Ist
Menards
Topsoil Drought Deepens as Iowa Harvest Advances
Iowa farmers pressed on with corn harvest as topsoil moisture weakened again. About 17 percent of the state was very short and 34 percent short, with 47 percent adequate while two percent surplus. Subsoil moisture also deteriorated with 21 percent very short and 32 percent short. rain totals shifted and harvest activity included high moisture corn and silage chopping in various areas.
MENTIONED IN THIS ARTICLE
Iowa Agriculture Statistics
Also Mentioned on This Page
Nasdaq
Ul Foundation
Pam
Meredith Hay
Wheaton
US Technology Innovation Center
TIC
Oakdale Research Park
US Oakdale
Research Foundation
David.dewitte
Gazettecommunications.com
Pamela Kay
York New
Ul Research Foundation
Standard & Poor’s
Northwest Airlines
15Th St
C.R. WalMart
Southwest C.R
Dubuque & Market
S.C
Coralville
By Cindy Hadish
Gary Gilbert
Marion
Cindy
Hadish
Nications.com
Energy MidAmerican Energy
Tps
Gazettecomr
Lications.com
G.R. Center
Pittsburgh
Dick Stack
Binghampton
N.Y
York Stock Exchange
DKS
Fncl
Featherlite Inc
Rockwell Collins
Fiserv
Saks Inc
Gen Mills
Gillette Co
Skyworks Solution
HMI Corp
Tanger Factory
Heartland Exp
Terex Co
Heinz
Toyota Met
Old Fire Cas
ING Glob RE Inco
Intl Paper
US Bancorp
Keane Inc
US Cellular
Kohis Corp
Anova Inc
Verizon Comm
Longon File
WalMart
MCI Inc
Wells Fargo & Co
Marsh & McLennan
Weyerhauser
Welter
Blairs Ferry
Monticello
Dubuque
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