Markets close higher on energy stock upgrades
U S stocks rose Friday with gains in energy and basic materials as Exxon Mobil and Intel led Dow gains. The Dow climbed 83.19 points to 10,641.94 while the Nasdaq rose 14.20 to 2,160.35 amid mixed oil price moves and a DaimlerChrysler Jeep recall announced for 2005 Grand Cherokees.
MENTIONED IN THIS ARTICLE
Dow
Exxon Mobil Corp
Intel Corp
Ken Tower
Schwab
Tower
New York Stock Exchange
North Liberty vies for Heartland Express HQ incentives
North Liberty moves ahead with nearly 1 million in incentives over 10 years to lure Heartland Express Inc to 40 acres near I 380. About 200 jobs and 6 million in investment expected, with Coralville and other localities still in talks. Gerdin says final deal pending two other offers and possible terms change next week.
MENTIONED IN THIS ARTICLE
Dave DeWitt
The
Gazette
North Liberty
Heartland Express Inc
Heartland
Coralville
Heartland Express
Russ Gerdin
Saints Corridor
Interstate 380
Gordin
Gerdin
Kelly Hayworth
Cedar Rapids
Iowa City
Brian James
Kansas Avenue
Penn Street
Michigan consumer sentiment slips in September report
The University of Michigan midmonth sentiment index fell to 76.9 in September from 89.1 in August, with expectations index dropping to 63.6 from 76.9. Dow Jones Newswires economists expected 84.0 for September. The release is subscriber only.
MENTIONED IN THIS ARTICLE
University of Michigan
Dow Jones
Gazette
U S current account deficit eases slightly in Q2
The Commerce Department says the U S current account deficit fell to 195 7 billion in the April to June quarter from 198 7 billion in the prior quarter though it remains the second highest on record Economists warn foreign investors could lose appetite for large dollar assets and the deficit may rise later in the year Katrina and higher oil prices are cited as factors Greenspan warns the deficit is unsustainable but market forces may address it.
MENTIONED IN THIS ARTICLE
1St Ave
15Th St
C.R. WalMart
Southwest C.R. HandiMart
Dubuque & Market
J.C. Or
Coralville
Washington
America
Commerce Department
U.S
United States
Nigel Gault
Global Insight
Federal Reserve
Alan Greenspan
N.C
Wilmington
Smithfield settles Iowa hog producer ban suit with open market rule
Smithfield Foods drops its challenge to Iowa's ban on livestock ownership in a 10 year settlement. The agreement lets Smithfield contract directly with farmers while defending farmer rights to unions and public contract terms. Smithfield must buy 25 percent of hogs on the open market for two years and pay 200000 annually for a decade for environmental training and innovations.
MENTIONED IN THIS ARTICLE
DES Moines
Smithfield Foods Inc
Iowa
Smithfield
Richard J. M. Poulson
Medicare premiums rise 15 percent for Part B costs
The monthly Medicare Part B premium increases to 88.50 next year, a 10.30 rise reflecting a 13.2 percent jump. The Bush administration promotes the new prescription drug benefit starting January 1 as relief for beneficiaries, especially low income Americans.
MENTIONED IN THIS ARTICLE
Washington
Medicare Premiums Rise as Benefits Expand Under CMS Plan
Herbert Kuhn of the Centers for Medicare Management says next year beneficiaries will receive more in benefits, funded by premiums and fees. Taxpayers cover about 75 percent of Part B expenses while beneficiaries pay the rest. Rising doctor services volumes drive premium increases. hospital outpatient services grow similarly. CMS is unsure if all lab tests and minor procedures are necessary.
MENTIONED IN THIS ARTICLE
Herb Kuhn
Center For Medicare Management
The
Health and Human Services Department
Kuhn
CMS
Senior living apartments planned in G R
Keystone Senior LLC breaks ground on Keystone Place at Blairs Ferry a 79 unit independent senior living complex in northeast Cedar Rapids at 6126 Rockwell Dr NE. The project includes eight floor plans outdoor spaces an indoor pool cafe and full services with a fall 2006 occupancy target.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Cedar Rapids
Keystone Senior LLC
Keystone Place
Blairs Ferry
Rockwell Dr
Keystone Cafe
Keystone Cedars
Rockwell Dr. NE
Midwest
Also Mentioned on This Page
OPEC
New York Mercantile Exchange
London
International Petroleum Exchange
Chrysler
DaimlerChrysler AG
Chrysler Group
Automaker
DaimlerChrysler
Max Gates
N. Liberty Courts Heartland
City UK
Tracey Mulcahey
Dave Franker
Franker
Zack Kucharski
the Gazette
David
Dewitte
Gazettecommnications Co
Norte Liberty
Nanous Ave
Avtaneinn
Penn St
Gazette Map
Smithfield Foods
Miller
Pratt
8Th U.S. Circuit Court of Appeals
S Centers For Medicare and Medicaid Services
Www
Hhs. Gov
G.R
George. Ford
Gazettecommunications.com
East Iowa
APAC
Aegon NV
Maytag
Alcoa Inc
Mestek
Alliant Energy
Nash Finch
Arch Dan Mid
Pearson PLC
Penford Corp Bandag Inc
Caseys Gen Store
Pepsico
Columbus McKinnon
Procter & Gambie
Comel Fed
Qwest Commun
Deere Co
RF Micro Devices
Ralcorp Holding Dillards Inc
Fastenal Co
Regions Fuel
Featherlite Inc
Rockwell Collins
Fiserv
Saks Inc
Gen Millis
Skyworks Solution
Gillette Co
HN Corp
Tanger Factory
Heartland Exp
Verizon Comm
WalMart
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