Banklowa seeks merger creating Banklowa Cedar Rapids
Banklowa in Waterloo and Norway petition to merge into Banklowa of Cedar Rapids with an office at The Village on Boyson. If approved the new bank, owned by Fidelity Bancorporation, will run branches in Cedar Rapids Waterloo Jesup Lamont Independence Cedar Falls and Norway. The plan aims to unify management under one umbrella expand to larger markets and preserve commercial lending focus.
MENTIONED IN THIS ARTICLE
Caren
Mary Fehring
State Banking Division
Banklown Norway
Cedar Rapids
Fidelity Bancorporation
Waterloo
Jesup
Lamont
Independence
Cedar Falls
Norway
Leytze
Boyson Road
C Avenue NE
Banklown
Douglas E. Keiper
Banklowa Norway
Farmland prices dip in much of Iowa survey shows drop
The Realtors Land Institute reports farmland values in Iowa fell 2 percent for the six months ending Sept 1 with prime cropland averaging 2364 per acre. Central Iowa declines 6 percent while northwestern and west central drop 5 percent. Pastureland 603 and timberland 475 per acre.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa
The
Realtors Land Institute
Roger Poppen
Federal Reserve Board of Chicago
Poppen
U.S
Markets Slip Amid Earnings Anxiety With Mixed Index Movements
Blue-chip stocks fell on Tuesday as third quarter earnings worry grew, while the broader market ticked higher on tech issues. The Dow dropped to 7897.2 after a volatile day, with advancers leading decliners 4 to 3 on the NYSE and volume at 698.19 million shares. United Airlines named James E. Goodwin president and COO, replacing John Edwardson as leaders seek a new CEO.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
AEGON
Gillette
HON Industries
National Propane
Norwest
Procter & Gamble
Quaker
Wal-Mart
Heartland Express
National Computer Systems
United Fire
Eastman Kodak
Balcorp Holdings
United Tech
Unova
United Airlines
UAL Corp
James E. Goodwin
Goodwin
John Edwardson
United
Toyota to Build NA SUV at Evansville Plant
Toyota Motor Manufacturing Indiana will start fullsize sport utility production for the 2001 model year at a new plant north of Evansville Indiana with 50,000 units annually beginning fall 2000. Vehicle name has not yet been decided. Gasoline price at a six year low reports AAA at 1.057 per gallon. West Bank of West Des Moines lowers prime rate to 8.25 percent. Iran's Khatami urges more U.S. investment while warning sanctions limit ties and oil price weakness hurts the economy.
MENTIONED IN THIS ARTICLE
Toyota Motor Corp
North America
Evansville
Ind
Toyota
Mike Goss
Toyota Motor Manufacturing
Indiana
American Automobile Association
AAA
West Bank of
West Des Moines
Treasury
Federal Home Loan Bank
West Bank
Iran
U.S
Mohammad Khatami
Washington
Khatami
Fed official sees exports slipping and trade deficit rise
Federal Reserve Bank of Chicago President Michael Moskow warned that the longer term trend points to exports acting as a drag on the U.S. economy this year. He noted the July trade deficit at 13.9 billion dollars, tied to financial turmoil in Asia and Russia, and urged Japan to reform its banks before wider recovery. Moskow emphasized Latin America, especially Brazil, as the focus for U.S. agricultural and other exports amid global volatility.
MENTIONED IN THIS ARTICLE
Des Moines
United States
Federal Reserve
U.S
Michael Moskow
Federal Reserve Bank of Chicago
Commerce Department
Asia
Russia
Moskow
Iowa Bankers Association
Japan
Latin America
Brazil
Shipping delays threaten holiday pocketbooks
Shipping delays between Asia and the United States could raise prices for holiday shoppers. The Wall Street Journal notes delays for U S importers awaiting teddy bears bicycles furniture and other goods. Analysts say transportation costs are 5 to 10 percent of prices and delays may not ease before Christmas.
MENTIONED IN THIS ARTICLE
New York
Asia
United States
U.S
Wall Street Journal
Pioneer Hi-Bred earnings rise 11 percent in 1998
Pioneer Hi-Bred International reports fiscal 1998 earnings of 270 million dollars, up 11 percent from 1997, with sales totaling 1.835 billion, as North American corn and soybean operations drive growth. Charles Johnson cites stronger margins and new hybrids as key benefits amid low prices.
MENTIONED IN THIS ARTICLE
Pioneer Hi-Bred International
Charles Johnson
Pioneer
Johnson
Also Mentioned on This Page
Banklowa
Rudolph Leytze
Presiden Banklowa
Realtors
Jowa
North Central
Dow
UAL
Fed
Wma
Mallee
Westaff
Gall
Streltuer Agency
Life Investors Insurance Company OF American Securities
Inter Securities, Inc
River Ridge Drive
Uit
FORD
Marylin Koenighin
Gazette Classified
Fyiowa
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