Wall Street Advances as Dow Nears Record Close
Wall Street rose on Tuesday with the Dow up 93.58 to 11,669.39 and the Nasdaq up 12.27 to 2,261.34. Investors cited positive data and potential Fed rate relief as oil prices retreat nearly 20 percent. Advancers led decliners about 2 to 1 on the NYSE.
MENTIONED IN THIS ARTICLE
Wall Street
Jack Albin
Harris Private Bank
Federal Reserve
Dow
New York Stock Exchange
Casey's wins DOJ approval to buy HandiMarts
Casey's General Stores gains antitrust clearance to acquire 33 HandiMarts from Nordstrom Oil Co. for 63 million dollars. The Ankeny based retailer operates 1,390 stores and posted 174 million in sales in fiscal 2005. The deal should close within a month.
MENTIONED IN THIS ARTICLE
Casey's General Stores Inc
U.S. Department of Justice
Antitrust Division
HandiMart Convenience
Nordstrom Oil Co
Cedar Rapids
Casey’s
Casey's
Wal-Mart Ends Traditional Health Plans For New Hires
Wal-Mart Stores Inc will drop traditional low deductible health plans for new hires starting January 1 in favor of low premium plans with higher deductibles. The change aims to increase worker control over health care spending, with premiums as low as 11 dollars monthly but annual deductibles from 1000 dollars, plus separate event deductibles.
MENTIONED IN THIS ARTICLE
Wal-Mart Stores Inc
Wal-Mart
Associated Press
Gazette seeks readers' stories on health care shopping
The Gazette invites readers to share experiences pricing medical procedures amid new health savings accounts and high copay plans. Financial Editor Dave DeWitte seeks accounts of how easy it is to discover costs for informed health care purchases.
MENTIONED IN THIS ARTICLE
Gazette
Dave DeWitte
David.dewittea
Gazettecommunications.com
Gazette and Wire Reports
Gas prices boost consumer confidence in September
The Conference Board said its consumer confidence index rose to 104.5 in September from 100.2 in August, driven by lower gas prices and steady job growth. Present Situation 127.7, Expectations 89.0, with analysts noting easing pessimism though jobs concerns linger.
MENTIONED IN THIS ARTICLE
Conference Board
Lynn Franco
Conference Board Consumer Research Center
Farmland values surge in Iowa survey data
A Tuesday survey by the Iowa Farm and Land Chapter of Realtors Land Institute shows farmland values up 2.9 percent over six months and 5.3 percent year to date ending September 1. In east central Iowa Linn and Johnson counties, values rose 2.5 percent from March to September with acre values climbing from 4058 to 4139 for good farmland.
MENTIONED IN THIS ARTICLE
West Post Road
Cedar Rapids
Realtors Land Institute
Iowa Farm and Land Chapter
Louwagie
Iowa
Linn
Johnson
Iowa Farmland Values See Gains Across Land Segments
The Realtors Land Institute survey shows Iowa farmland values rising with timberland up from 1512 to 1582 per acre between March and September. Recreational land values increased 12 to 14 percent for the year as demand for corn and soybeans to biofuel markets boosts prices. The Fed Chicago surveys align with an 8 percent rise in good farmland over the year ending July 1.
MENTIONED IN THIS ARTICLE
1St Ave
15Th St
C.R. BP
Williams Blvd
C.R
Dubuque & Market
J.C
Coralville
Louwagie
Realtors Land Institute
Federal Reserve Bank of Chicago
Iowa
Free wireless spot expands to Coralville Marriott area
The cFree network extends free Internet to the Iowa River Landing area and the Coralville Marriott Hotel. The project is a joint effort with the city and CAREE, aiming to provide outdoor access and complement indoor Wi-Fi. Pilaszewski notes plans to upgrade gear and seek more city partnerships.
MENTIONED IN THIS ARTICLE
Coralville Marriott Area
Gazette
Coralville
Iowa River
cFree
Rob Pilaszewski
Iowa City
Cedar Rapids
S.T. Morrison Park
Iowa River Landing
Coralville Marriott Hotel & Conference Center
Caree Organization
Pilaszewski
Marriott
Iowa Landing
eFree
University of Iowa
Iowa.com
Municipal bonds open up to regular investors with tax perks
Financial advisers say municipal bond funds offer diversification and can outperform some taxable bonds with higher yields. Funds manage taxes more efficiently than individuals, and fees are often lower. Tax-equivalent yield helps compare tax free versus taxable income for investors in mid range brackets.
MENTIONED IN THIS ARTICLE
Jim Murphy
T. Rowe Price Group Inc
Murphy
Also Mentioned on This Page
U.S
Casey
HandiMarts
GARE
New York
Energy Department
Franco
Slosiarek
the Gazette
Mariene
Ucasé Lazett
Atiane
East Centra
Southea
Vacette
David.dewitte