Norwest appoints John E. Ganoe as SVP strategic planning
Former Iowa banker John E. Ganoe is named senior vice president for strategic planning and acquisitions at Norwest Corp. in Minneapolis, overseeing Norwest Bank Iowa N.A. in Cedar Rapids and Marion. He previously served as vice president and director in the department and as chief financial officer of Banks of Iowa Inc. before joining Norwest in 1983 as Iowa region controller.
MENTIONED IN THIS ARTICLE
Iowa
John E. Ganoe
Norwest Corp
Minneapolis
Norwest Bank Iowa N.A
Cedar Rapids
Marion
Ganoe
Gance
Banks of Iowa Inc
Merchants National Bank
Norwest
Hanson Heads Iowa Realtors in 1990 91
Robert Hanson of Cedar Rapids was installed as president of the Iowa Association of Realtors for 1990 91 at the AR convention in Waterloo. He belongs to Midland Partners West in Cedar Rapids and has been a Cedar Rapids Board of Realtors member since 1971. The convention at the Five Sullivan Brothers Convention Center ends today.
MENTIONED IN THIS ARTICLE
Robert Hanson
Cedar Rapids
Iowa Association of Realtors
Waterloo
Hanson
Midland Partners West
Cedar Rapids Board of Realtors
Five Sullivan Brothers Convention Center
Hoax bill collectors target US West customers
US West Communications warns customers to beware phony bill collectors. Impostors tell accounts are overdue and threaten disconnection unless cash is brought to the downtown building, then offer home pickups. The company says written notices precede any legitimate call for delinquent accounts.
MENTIONED IN THIS ARTICLE
US West Communications
Kyle Turner
T-bill auction may be postponed without debt ceiling action
The Treasury warns Monday’s $18.4 billion in 3 and 6 month bills may not be issued if Congress does not extend the debt ceiling by Tuesday night. Volney Taylor says post- expiration there is no authority to issue or borrow for the auction.
MENTIONED IN THIS ARTICLE
Congress
Treasury
Bureau of Public Debt
Volney Taylor
Bureau
Matsushita to unveil long lasting rechargeable battery
Matsushita Battery Industrial plans to start selling a new nickel hydride storage battery next month. It will last twice as long as nickel cadmium models and charge in about an hour, with applications in portable telephones video cameras and office equipment.
MENTIONED IN THIS ARTICLE
Matsushita Battery Industrial Co
Matsushita
Marriott earnings fall in third quarter amid costs
Marriott Corp owner of the Fairfield Inn in southwest Cedar Rapids reports a 57.1 percent drop in third quarter earnings to $27 million or 27 cents a share on $1.657 billion in sales. The year earlier earned $63 million or 46 cents per share on $1.695 billion.
MENTIONED IN THIS ARTICLE
R Marriott Corp
Cedar Rapids
London Marriott
U.S. merger activity rises in third quarter
U.S. merger activity edged higher in the July to September period, rising 7 percent from the prior quarter. Securities Data Corp. said 941 deals totaling 58.6 billion dollars were announced in the third quarter, up from 1,284 deals worth 47.8 billion in the second quarter.
MENTIONED IN THIS ARTICLE
U.S
Securities Data Corp
Renault Volvo deal approved by Swedish government
Swedish government approves a pact between Renault and Volvo authorizing a 45 percent share swap in trucks and buses and a 25 percent stake exchange in cars. The move would make Renault the largest ever foreign investment in Sweden, according to Volvo's release.
MENTIONED IN THIS ARTICLE
Volvo
Renault
Sweden
Good News Bad News and Small Premium Insurance Pitch
A brief sales item markets a life insurance offer with a promise of automatic coverage in the next policy period. The message emphasizes a low premium and immediate protection, appealing to readers seeking quick coverage.
Banks eye higher fees as FDIC premium rises
Banks may raise checking and service fees or cut interest on deposits to cover a 60 percent FDIC premium hike set for 1991. Analysts warn weaker banks could slip into losses, while customers face higher costs or diverted funds as the industry absorbs part of the charge.
MENTIONED IN THIS ARTICLE
New York
FDIC
Federal Deposit Insurance Corp
Christopher Mahoney
Moody's Investors Service
Eric Hemel
First Boston Corp
Cheryl Swaim
Oppenheimer & Co
American Bankers Association
Ginnie An
Glauber outlines plan to reform banking insurance
Treasury Undersecretary Robert R. Glauber proposes higher FDIC premiums for risky banks and limited coverage at 100000 per depositor. He calls for tougher enforcement on weak institutions, annual on site examinations of large and troubled banks.
MENTIONED IN THIS ARTICLE
Treasury
Robert R. Glauber
Milken sentencing delayed with extraordinary hearing set
U S District Judge Kimba M Wood postponed Michael Milken's Monday sentencing and ordered an October hearing to address unadmitted government crimes. The hearing will run about two weeks with each side allowed 20 hours to present arguments before a sentence is pronounced.
MENTIONED IN THIS ARTICLE
New York
Michael Milken
U.S
Kimba M. Wood
Wood
Arthur Liman
Milken
Isuzu May Join GM in Czech Truck Venture
GM and Isuzu Motors may participate in a Czech truck project with discussions under way in Czechoslovakia. GM holds 40.2 percent of Isuzu and already works with Bratislava subsidiaries on transmissions. A formal joint venture was not confirmed and specifics remain undecided.
MENTIONED IN THIS ARTICLE
Isuzu
Detroit
General Motors Corp
Isuzu Motors Ltd
Czechoslovakia
Jack Harned
Japan
Bratislava
Stocks Slip as Oil Prices Rise Shrink Markets
The Dow fell 32.17 points to 2427.48 as oil prices climbed after Bush's SPR action, with 395 issues down and 422 unchanged on the NYSE. Quaker Oats led gains while Banks of Iowa and General Mills among notable losers amid broad market weakness.
MENTIONED IN THIS ARTICLE
Iowa
Banks of
United Technologies
Equitable of
Penwest
General Mills
Maytag
Bush
Strategic Petroleum Reserve
Dow
New York Stock Exchange
General Electric
Unisys
MCA
IBM
The Company Doctor Giving away the farm
Investors may demand majority control in a young company to protect their stake.Structure a buy back clause or staged/ performance tied equity to regain majority within five years. Consider options that allow you to re acquire control while providing capital.
MENTIONED IN THIS ARTICLE
Mike
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Iowa Realtors
Glauber
Gazette
Duane Grock
River Ridge Drive
42Nd Street
Gary Sweet
Wall Street
Nihon Keizai Shimbun
John Smith
Smith
Hungary
Harned
Scott Clark
HTC Group Syndicate
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