Wall Street gains amid quarter end buying and NAV contract
Wall Street rebounded after three down days as institutional investors bought to dress portfolios. The Nasdaq rose 18 percent to 1824.56, the Dow gained 0.7 percent to 9380.24, and the S&P 500 climbed 1 percent to 1006.58 with 5 to 2 advancing issues. A $130 million five year Rockwell Collins contract supports Navy cockpit displays. A field day at Iowa State University Allee Farm discusses corn pollen drift and drift management. Forbes ranks Tippie School of Management 24th for MBA ROI with 1998 grads earning a median $93 000, 8th among publics.
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Standard & Poor
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Philadelphia
Rockwell Collins
Navy
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North Island
San Diego
Calif
Jacksonville
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Allee Farm
Iowa State University
Newell
Buena Vista County
Ag.iastate.edu
Farms
Tom Olsen
Lyle Rossiter
Forbes Magazine
Tippie School of Management
University of Iowa
Forbes
Tippie
Tippie School
Northwestern
University of Michigan. Gazette
News Service Reports
Starbucks to open first freestanding Iowa City store
Starbucks picks 228 S. Clinton St in downtown Iowa City for its first standalone Cedar Rapids Iowa City Technology Corridor location. The 1,875 square foot space is slated to open after renovations with a new interior prototype and hires.
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Dave DeWitte
Gazette
Iowa City
Starbucks
Cedar Rapids
S. Clinton St
Karlberg Tan
Marc Moen
The
Moon Group
Moon
Moen
2003 soybean yields look bleak across Iowa fields
In Iowa, soybean yields range from 20 to 40 bushels per acre with most near 30. Dry August weather is blamed as farmers report low productivity while corn harvest lags behind normal pace. By Sunday 20 percent of soybeans and 10 percent of corn had been harvested with overall crop conditions dipping to poor and fair.
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Marlene Lucas
Ty Ward
Heartland Cooperative
Conroy
Harry Popelka
Tama- Benton Cooperative
Vinton
Mother Nature
Simon
Iowa Statistical Service
East Central
Linn
Johnson
Manulife to Buy John Hancock for 10.4 Billion
Toronto based Manulife Financial to acquire Boston based John Hancock in a stock swap valued at 10.4 billion dollars creating the second largest life insurer in North America behind AIG. Hancock CEO teams note the brands and scale while markets react with Manulife shares dropping and Hancock shares easing.
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D’alessandros
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David
Canada
Manulife Financial Corp
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John Hancock
North America
AIG
United States
Dominic D’ Alessandro
Toronto
Wall Street
U.S
New York Stock Exchange
Frontier's Herbfest Returns After Two-Year Break
Frontier's Natural Products Co-op, the Frontier CEO Tony Bedard says the herb festival will come back next year after a two-year hiatus. The event drew 1,000 to 1,500 visitors and features seminars, vegetarian meals, child programs, live music, camping, and on-site activities. Details will be posted on Frontiercoop.com.
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Norway
Frontier Natural Products Co-op
Frontier
Tony Bedard
Frontiercoop.com
Principal Building to Be Named for Principal Financial in Cedar Rapids
Principal Financial Group will occupy a 7,000 square foot ground floor space in the former SCI Building at 200 Second Ave SE by Nov 21, moving its Eastern Iowa Business Center from 109 Second St SE. The center has 32 employees in life insurance, annuities, 401(k) plans, and estate planning. The first floor will host Blue Strawberry coffee shop. The four-story building, owned by Steve Emerson, was former SCI property acquired by Wells Fargo in 2000.
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Dave DeWitte le Gazette
Cedar Rapids
Principal Financial Group
SCI
Principal
Iowa
Second St
Second Ave. SE
Becky Helle
Principal Financial
Blue Strawberry
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Steve Emerson
Securities Corporation of Iowa
Wells Fargo
Wells Fargo Bank
First Ave. NE
Emerson
Viet! Productions
Financial Company
Blue Strawberry Coffee Shop
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