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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Sep 30, 2003

Page

13

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.

Wall Street Standard & Poor U.S. Naval Inventory Control Point Philadelphia Rockwell Collins Navy Naval Air North Island San Diego Calif Jacksonville Fla 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.

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.

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.

Boston D’alessandros Dominic David Canada Manulife Financial Corp John Hancock Financial Services Hancock Chicago Manulife 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.

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.

Dave DeWitte le Gazette Cedar Rapids Principal Financial Group SCI Principal Iowa Second St Second Ave. SE Becky Helle Principal Financial Blue Strawberry Michael Monnahan 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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